Stocks Climb Amid Economic Tug of War - Tariffs, Earnings and Interest Rates

In this week's episode of Doll's Deliberations, Bob Doll offers his analysis on the current state of global markets, highlighted by a 1.5% rise in the S&P 500 due to robust performance in communication services and technology sectors. However, consumer staples and utilities saw a decline. Despite tariff-driven uncertainties and elevated U.S. policy risks, equities have rebounded from previous losses, indicating a shift from oversold to neutral positions. Doll discusses the potential challenges posed by President Trump's aggressive tariff policies and the implications for U.S. economic outlook.

While U.S. and global monetary policies remain growth-oriented, late-cycle conditions cast shadows over the longevity of the current market rally. With escalating inflation and higher treasury yields on the horizon, along with mixed signals from the job market, Dahl sheds light on the sectors showing promise amidst the potential economic slowdown. A pivot from U.S. to non-U.S. stocks, driven by perceived policy risks, highlights the evolving landscape of investor preferences.

Doll commentary points to key economic indicators and investor behaviors shaping the next phase of global market performances, urging a cautious approach as geopolitical tensions and fiscal uncertainties persist. Tune in to gain essential insights and prepare for the week ahead with Crossmark Global Investments.

For a copy of this week's Doll's Deliberations click on the following link June 9 or go to www.crossmarkglobal.com for additional insight and investment solutions.