Part 3/9:
With markets anticipating this news, recent rallies might have been catalyzed by the positive sentiment surrounding government stability. Compounding this optimism is speculation surrounding Donald Trump’s potential shift in tariff strategies. Financial commentator Charles Gasparino suggests that Trump could lean toward a Grand New Deal approach, akin to FDR’s resolution of trade disputes during the Great Depression. The idea is that reciprocal tariff reductions could potentially forge a more favorable economic landscape, easing the tensions currently seen in trade relations.