Tariff war already started and now in furious state. Trump said would levy 25% on steel of EU, but it is only the first step.
Mind the Congress Hearing of Powell and CPI.
Stocks are rebounding, no need to chase high. There will be a lot of items on tariff, but the core is on semiconductor. So better wait for the action on chips, of Taiwan, Japan and South Korea, it will be much more important than steel. See how the tariff would affect TSM, NVDA. These two are most important.
Nowadays not only high tech products need chips, even household products like refrigerator, washing machine and rice-cooker also need chips, increase in the cost would not affect TSM and NVDA so directly, but ultimately it would affect the general public and lead to inflation.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.