In a upcoming episode of the Opening Bid Podcast, Gary Cohn, the top economic adviser during Trump’s first term, suggested that Whips Market could use policy certainty.
“Anyone who wants to understand what’s going on in the market will say… Markets thrive with predictability and thrive with uncertainty,” Korn, former director of the National Economic Council and current vice-chairman, told Yahoo Finance’s Brian Sozzi.
“Ambiguity is the primary enemy of the market,” Korn continued. “When companies punish their stocks with revenue profiles, growth profiles, business models, when markets punish their stocks, politicians, legislators create ambiguity in the way taxes work, how capital gains place challenges, how they place tariffs, how they produce ambiguity as a market as a whole.
Kohn didn’t say whether he thinks Trump’s trade policy would cause a slowdown in the US, but he said he’s full of hope that it will ultimately bring to US tariff policies.
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