Tariff taxes impacting US stock market negatively, leading to potential financial crisis.
From Investing.com: 2025-02-25 12:32:00
In late December, a prediction was made for a 20% surge in GDX ETF and gold stock prices, which played out successfully. Now, concerns are rising about the impact of Donald Trump’s tariff taxes on the US stock market, potentially leading to a financial crisis. The CAPE ratio is at a worrisome level of 38, indicating overvaluation. Analysts foresee a bleak future for the market, with a possible multi-decade decline. Gold prices are expected to pause briefly before resuming their rally due to the impact of tariff taxes. Investors are advised to wait for key buy zones before purchasing mining stocks or silver bullion. The GDX chart shows a potential bull flag formation, signaling a positive outlook for gold prices in the near future. Ultimately, gold remains a popular choice for investors seeking stability amidst market uncertainties.
Read more at Investing.com: Tariff Taxes: Bad For Stocks and Good For Gold