Here's what CEOs are saying about Trump's tariffs and the economy

1 month ago 18

In This Article:

This is The Takeaway from today's Morning Brief, which you tin sign up to person successful your inbox each greeting on with:

  • The illustration of the day

  • What we're watching

  • What we're reading

  • Economic information releases and earnings

99% of the clip I person a bully consciousness of the system up of an action-packed gathering similar the Milken conference.

Held each May, the unsocial league brings unneurotic a wealthiness of characters ranging from NBA fable Magic Johnson to investing maven Ken Griffin.

You tin conscionable consciousness the wealth successful the room.

Unlike caller Milken conferences, this year’s lawsuit volition person a dense showing from the White House — with a fewer sideshows, of course.

The 2 headliners connected this front: Tesla (TSLA) CEO and DOGE maestro Elon Musk (who appeared past year) and Treasury Secretary Scott Bessent.

Nvidia (NVDA) CEO Jensen Huang was conscionable added to the talker database precocious this week.

Media titan Rupert Murdoch is besides expected to marque a uncommon quality amongst the assorted Trump medication folks walking the halls.

I erstwhile again person a clump of truly chill unrecorded interviews teed up, on with a fewer Opening Bid podcasts. So beryllium definite to tune into Yahoo Finance Monday morning!

Why the enslaved  marketplace  whitethorn  not beryllium  successful  a crisis

Back to the economy.

There's much going connected with the system than the 0.3% GDP driblet that momentarily deed stocks this week. It's conscionable not that simple. Tariffs are hurting a batch of companies (including Apple (AAPL) to the tune of $900 cardinal successful other costs, we learned this week). But it's not hurting others, arsenic accepted contented would hold.

Put it each together, and you person a precise confusing investing backdrop.

The champion happening I tin bash is contiguous what the world's apical leaders are seeing and hearing. From there, you marque your ain judgement connected wherever the system whitethorn beryllium headed — because, honestly, I'm not sure, and I fishy that disorder volition beryllium connected show successful my chats this week astatine Milken.

Here's what CEOs person told maine successful the past week connected Trump tariffs, markets, and the US economy.

"If you look astatine the US business, the weakness successful measurement successful Q1 was concentrated successful what we telephone aboriginal depletion packaging, which is overmuch much predominant successful supermarkets oregon ... autarkic commercialized outlets, alternatively than either convenience oregon the away-from-home quick-serve restaurants and each the away-from-home channels. So that's wherever the weakness was focused, which I deliberation is partially an denotation of immoderate of the affordability unit for the lower-income user and immoderate of the geopolitical reaction."


Read Entire Article