The Market Rally Keeps Gaining After April's Tariff Shock -- but Can It Hold?
Back in April, the stock market and general economic environment gave investors reason to frown. President Donald Trump had announced a broad list of import tariffs to be applied to countries around the world -- and analysts, economists, and investors feared that such tariffs would not only pressure the economy, but possibly drive it into a recession. Along with this, companies and the consumer would suffer as tariffs ate into their budgets.But the catastrophic scenario didn't play out. Trump embarked on negotiations with countries regarding the tariffs, companies put into place measures to better handle potential tariff impact, and the general economic and stock market environment brightened. In fact, stocks actually roared higher, and the S&P 500 (SNPINDEX: ^GSPC) in August, after reaching new record highs, completed its fourth consecutive month of gains.Now, as we head into September -- a month known to be poor for stock market performance -- can the rally hold? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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