The S&P 500‘s fireworks this week may have lit up Wall Street, but Jeremy Siegel isn’t buying into the revelry just yet.
Pause Doesn’t Equal Peace: Trump’s Tariff Timeout Isn’t The Endgame
Despite a 9.5% one-day rally that put the index in rarefied post-World War II territory, Siegel told CNBC’s Squawk Box that investors celebrating a tariff truce may be getting ahead of themselves. “We’re not out of the woods,” the WisdomTree chief economist warned, pointing to the looming uncertainty in U.S.-China trade negotiations.
President Donald Trump‘s 90-day pause on reciprocal tariffs sparked the market’s surge, but with the 10% tariff now permanent and China countering with 84% …