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Dominic Pappalardo
Chief multi-asset strategist for Morningstar Investment Management.
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Apr 11, 2025
• 13min
Market Volatility: What Lies Ahead in Trump's Trade War
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Dominic Pappalardo, Chief Multi-Asset Strategist at Morningstar Investment Management, tackles the U.S.-China trade war's impact on global markets. He outlines the implications of Trump’s 90-day tariff pause and rising recession risks. Pappalardo discusses why fixed income and equities react differently to market turmoil and offers strategies to safeguard retirement portfolios amid volatility. He also shares insights on potential Federal Reserve interest rate cuts and what investors should keep on their radar for future market movements.
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