BlockBeats reports that Chris Zaccarelli, Chief Investment Officer at Northlight Asset Management, commented on the market's positive response today, driven by employment data surpassing expectations. Despite lingering fears of an economic recession, Zaccarelli believes the trend of buying on dips may continue until the tariff suspension ends. He emphasized that if the Trump administration ($TRUMP ) sticks to its initial tariff plans after the 90-day suspension period concludes in July, financial markets are likely to react similarly to early April's movements. However, if the administration revises its tariff policy—adjusting goals and offering exemptions for excessive tariffs—the real economy could adapt, potentially stabilizing the market. Zaccarelli warned that challenges still lie ahead.
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