According to Jinshi data reports, Jake Schurmeier of Harbor Capital stated that while the US-UK trade agreement increases transparency, the outlook for risk asset investments remains poor. The Trump trade agreement could double the US tariff rate to 12%, putting pressure on corporate profit margins.
Rising consumer prices will make it difficult for the Federal Reserve to manage inflation expectations and implement interest rate cuts. Schurmeier tends to hold a neutral stance on stocks, as higher import costs could significantly slow down economic growth and reduce profit margins.
