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‘Watch Out For US Tariff Impact, Fed Policy’: Geoffrey Dennis Predicts Pullback In Global Equity Markets

  • Global equity markets expert Geoffrey Dennis predicts a potential pullback following recent US tariff announcements and uncertainty surrounding US Fed policy.
  • Dennis believes a short-term dip in global equities may occur due to the recent dollar rebound, tariff uncertainty, and unclear Fed policy, but a major correction is unlikely unless there is a sharp escalation in global tariffs or recession signals emerge.
  • Despite the unexpected 35% tariff announcement on imports from Canada by US President Trump, markets remain relatively calm, with the expectation that any resulting inflation from the tariffs may be short-lived.
  • Geoffrey Dennis also suggests that recent inflation numbers indicate any price increases from tariffs could be temporary adjustments rather than leading to a sustained rise in inflation, contributing to the market's calm response.

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