Trump Says Tariffs ‘Cause Wealth’ While Downplaying Negative Economic Impact of Rising Inflation Numbers
Published . Updated .
Trump Says Tariffs ‘Cause Wealth’ While Downplaying Negative Economic Impact of Rising Inflation Numbers People.com
Directly affected
- PPLI People
Named in this report.
Indirectly affected
- XLE Energy Select Sector SPDR
Energy prices move when sanctioned supply is blocked
- USO United States Oil Fund
This fund moves with oil prices
- XOM Exxon Mobil
Oil producers move when sanctioned barrels leave the market
- CVX Chevron
Oil producers move when sanctioned barrels leave the market
- AAPL Apple
Sales and supply chains are exposed to a new tariff
- NKE Nike
Sales and supply chains are exposed to a new tariff
- SLB SLB
Oilfield work in sanctioned regions can be cut off
- GLD SPDR Gold Shares
Gold is a usual haven when a conflict or sanction escalates
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- SPY SPDR S&P 500
The broad market moves when a major sanction lands
Price reaction, T-5 to T+3
Trump Says Tariffs ‘Cause Wealth’ While Downplaying Negative Economic Impact of Rising Inflation Numbers People.com
Source: People.com
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