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TPW Advisory founder Jay Pelosky joins "Catalysts" to discuss current market (^DJI, ^IXIC, ^GSPC) dynamics and his outlook amid growing trade tensions.
Pelosky has adopted "a stoic strategy," aiming to "anticipate everything and be surprised by nothing" regarding economic policies. He views President Trump's approach to policy as being primarily focused on tax cuts, characterizing tariffs as "a money grab" and the administration's strategy as "muddle-through" that could enable non-US equities to outperform.
Pelosky sees opportunities in global equities, emerging markets, and commodities, predicting that "global growth is going to continue to expand."
Given the ongoing uncertainty surrounding economic policies, Pelosky concludes, "The opportunity is outside the US, where policy mix is likely to be better."
To watch more expert insights and analysis on the latest market action, check out more "Catalysts" here.
This post was written by Angel Smith
