<ul data-eligibleForWebStory="false"><li>The stock market rally, to Donald Trump, signals that Wall Street favors tariffs, although investors believe Trump is likely to back down.</li><li>Traders and strategists are skeptical of the full implementation of tariffs and anticipate Trump to moderate his stance, leading to a subdued market reaction to trade war threats.</li><li>Despite Trump's confidence in market endorsement of his economic policies, some experts warn of potential risks such as worsened inflation and negative impact on corporate profit margins.</li><li>While there are concerns of market complacency and exaggerated optimism, market reactions suggest little worry about economy or stock valuations as speculative trades continue to surge.</li></ul>

Markets so unfazed by tariffs that it’s making Trump bolder

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