Forget retailers… Here’s why tech suffers most from Trump’s tariffs
From the Stansberry NewsWire team:
In this week’s Investors MarketCast, John and Scott welcome Dan Ives, chief strategy officer and head of technology research at GBH Insights.
Dan is a highly regarded tech analyst, best known for his record-high prediction that Netflix will hit $500 as a “virtuous cycle” picks up…
Dan and the guys talk about the current growth picture in the U.S. – the technology sector, specifically – and explain why that growth is underappreciated despite high earnings expectations… and which names to keep an eye on.
They also discuss the current merger and acquisition (M&A) landscape, and whether any notable tech M&As could be on the horizon… And what about beaten-up IBM? Is there any organic growth left in the stock? According to Dan Ives, there is.
Shifting to China, Scott asks Dan about the Trump-China trade war, and why the biggest impact is going to be on the supply chain for companies like Apple.
After the interview, Scott and John discuss the Chinese Yuan’s recent fall, and what this could mean for U.S. markets… talk about President Trump’s comments on the Federal Reserve… and Scott explains why raising interest rates is a good sign for the U.S. economy.
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