Capital Market Indicators for May 15

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Continued uncertainty about the new administration’s tariff policies generates ongoing uncertainty for businesses and consumers. Purchasing decisions may be paused, slowing the economy in the months ahead.

The Economic Impact of Tariffs

Sweeping tariffs would raise new revenue, but they would also depress GDP, wages, and Treasury bond demand and prices, according to the nonpartisan Penn Wharton Budget Model.

WTO Expects Tariffs to Shake Up Global Trade

ChartTalk: How might the tariff tit-for-tat rattle the global economy? The World Trade Organization has estimated the effects President Trump’s trade war might have on the volume of global exports and imports.