Markets Hold Up Despite Tariff Risk, Sevens Report Urges Caution
Tom Essaye warns a deeper selloff is possible if negative headlines persist
US Stocks End Slightly Lower in Week Roiled by Tariff Headlines
TARIFF UNCERTAINTY LOOMS OVER MARKETS HEADING INTO THE WEEKEND
U.S. stocks ended slightly lower Friday after a volatile week driven by ongoing tariff headlines. While markets showed notable resilience, the risk of escalation remains very real, according to Tom Essaye, founder of Sevens Report Research.
“Markets have been impressively resilient… but if negative trade headlines continue, don’t be surprised if this early selloff accelerates.”
— Tom Essaye, Sevens Report
Essaye emphasized that tariff rates may climb far higher than expected, and the market may be underpricing the potential fallout.
“…because tariff rates are possibly going much, much higher than previously expected.”
With investor focus shifting toward the Fed’s next move and earnings season ahead, any further deterioration in trade sentiment could trigger renewed volatility.
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