Will More Tariffs Stop The Hated Market Rally?

After a strong performance on Thursday, the stock market gave up some of its gains on Friday for a mixed weekly close. New tariff threats on Canada and Mexico did raise the market’s concern of more tariff chaos in the weeks ahead.

Overall many are looking for just a slight increase in the CPI on Tuesday. FactSets consensus estimates are looking for an increase to 2.6% on an annual basis up from 2.4% in May. It is expected that core good prices will be higher in addition to health and travel services.

Will More Tariffs Stop The Hated Market Rally?