Tariff Turmoil
February 3, 2025
It has been a busy day, week, and month for the markets! Walter sits down for another First Week video to fill you in.
While the tariffs in Mexico have been delayed until March, the impact of the increased tariffs on China and the new Canadian tariffs are still impacting the economy, from the Federal Reserve’s decision to car manufacturer earnings calls.
In this month’s video:
- Tariff Reactions: How does the market respond to tariffs?
- Interest Rates: The Federal Reserve held steady last week, and the potential for increased tariffs could further delay potential rate cuts.
- Earnings Season: While initial results have been strong, concerns over tariffs have surfaced, especially in companies heavily reliant on imports from Mexico and Canada, such as automakers and beverage companies.
Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.