Positive Returns Possible, But Volatile: Shah
Seema Shah, chief global strategist at Principal Asset Management, discusses the market reaction after a US court blocked the bulk of President Donald Trump's import tariffs. "I don't think this is the end of the tariff story," she tells Bloomberg Television. Shah says she expects "an economic slowdown" but not a recession. "You can still get positive returns this year. It's just going to be something which is fairly volatile, very erratic, but it will be an upward-sloping move in the end." (Source: Bloomberg)
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