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‘Priced for Perfection': Tariffs Loom Over Richly Valued Stocks

‘Priced for Perfection': Tariffs Loom Over Richly Valued Stocks

Bloomberg4 days ago
The conventional wisdom on Wall Street appears to be that the US stock market's latest march to records has been unabated because, when it comes to tariff threats, President Donald Trump talks loudly but carries a small stick.
Yet, regardless of what the levies on imports from remaining trading partners end up being when Trump makes his final decisions, some prominent voices in the market say investors are underestimating the risks even from tariffs that are already in place.
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