“Supply Shock Greater Than Great Depression-Era Smoot-Hawley Tariff” | David Kotok on Trump’s Sweeping Tariffs And Market Crash
Monetary Matters with Jack Farley
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Understanding the Financial Market's Reaction to Supply Shocks
This chapter explores the effects of supply shocks on financial markets, drawing parallels to historical events like the Smoot-Hawley Tariff and the Great Depression. It addresses current challenges in the NASDAQ bear market and the implications for S&P 500 earnings estimates amidst uncertainty over government actions.
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