Bloomberg Businessweek Nasdaq 100 Enters Bull Market After US-China Truce
May 12, 2025
Nancy Lazar, Chief Economist at Piper Sandler, delves into U.S.-China trade dynamics and their global economic implications. Doug Ciocca, CEO of Kavar Capital Partners, analyzes market volatility and investment strategies amidst recent stock rallies. Former Washington State governor Jay Inslee discusses the surge in clean energy jobs and the intersection of climate initiatives with economic policies. Together, they explore how the truce between the U.S. and China could reshape markets and the impact on inflation expectations.
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US-China Truce Eases Recession Risks
- The US-China trade truce significantly lowers recession odds and improves GDP forecasts for 2025 and beyond.
- Tariffs are only part of the story; clarity on tax legislation and deregulation are equally vital for small and medium businesses.
Manufacturing Renaissance's Economic Multiplier
- Manufacturing renaissance attracts diverse workers and drives economic multiplier impacts with every factory job creating six more jobs.
- Innovation in manufacturing, including robotics and software, is key to this ongoing renaissance.
Stay Invested Through Market Volatility
- Despite recent volatility, staying invested through drawdowns usually rewards investors with strong gains later.
- The current environment offers a tailwind with no Fed rate hikes expected, unlike the 2018 trade war period.