🇺🇸 Trump announces new tariffs and shakes up the markets
On July 7, President Trump imposed tariffs of up to 40% on imports from countries such as Japan, South Korea, South Africa, and more. This measure caused a widespread decline: the S&P 500 fell ~1%, the Nasdaq and Dow around 0.9%, with sectors like technology and automotive among the most affected. The volatility index rose, reflecting market tension.
📈 However, Goldman Sachs remains optimistic, raising its 12-month S&P 500 target to 6,900, thanks to solid earnings, expected rate cuts by the Fed, and a balanced portfolio structure. They also recommend investing in alternative asset managers and companies with floating debt, highlighting some laggards like Kohl’s, Intellia, and Plug Power as opportunities.
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🇺🇸 English
🏛 Trump’s Tariff Shock Sends Markets Tumbling
On July 7, President Trump rolled out new tariffs—up to 40% on imports from Japan, South Korea, South Africa, Laos, and more—triggering a sharp market selloff. The S&P 500 dipped ~1%, with the Nasdaq and Dow falling around 0.9%, particularly hitting tech and auto stocks. Market volatility spiked.
📊 Meanwhile, Goldman Sachs upgraded their 12-month S&P 500 target to 6,900, citing strong earnings, expected Fed rate cuts, and balanced investor positioning. Key sector plays include alternative asset managers and floating-rate debt issuers, plus potential rebound picks like Kohl’s, Intellia, and Plug Power.