From Yahoo Finance: 2025-04-16 17:00:00

The US stock market reacts to President Trump’s tariff announcements, raising concerns of a potential trade war and economic slowdown. Stock prices surged after a pause in the tariff plan, with experts warning of market volatility and possible recession risks.

Economist Erica York predicts a 145% tariff on Chinese goods could halt most US-China trade. Trump’s tariff policies could push average rates to record highs unseen since the 1940s. Amid market volatility, opportunities arise in blue chip stocks favored by billionaires, like Charles Schwab Corporation (SCHW).

Charles Schwab (SCHW) reported strong financial performance, exceeding revenue expectations. Analysts maintain a buy rating with a target price of $89. SCHW ranks 15th on the list of best blue chip stocks. While promising, other AI stocks may offer higher returns in a shorter timeframe, signaling potential investment shifts.



Read more at Yahoo Finance: Why The Charles Schwab (SCHW) Is Among the Best Blue Chip Stocks to Buy According to Billionaires