Trump tariff volatility pops CEO happiness bubble

Trump tariff volatility pops CEO happiness bubble

Tariffs, inflation and recession fears and slowing economic data have dominated investor attention in March. And all of these topics could dominate the minds of investors come April, too! Yahoo Finance executive editor Brian Sozzi sits down on the Opening Bid podcast with IBM (IBM) vice chairman Gary Cohn. Cohn served as the director of the National Economic Council during the first Trump administration. The former top executive at Goldman Sachs is seen as a key bridge between the current Trump administration and Wall Street. Cohn hasn’t hidden his differing view on tariffs compared to Trump, believing tariffs are a form of tax that cause inflation. Cohn weighs in on the potential economic impact of reciprocal tariffs on Trump’s self proclaimed April 2 ‘Liberation Day’, and if the country is moving closer to a recession. Given his view on AI from his work for IBM, Cohn also shares perspective on the tech space as important stocks such as Nvidia (NVDA) trade under pressure. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms Learn more about your ad choices. Visit megaphone.fm/adchoices

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Rest assured that if a leader can cut expenses to boost profits, they will often do so without hesitation. This practice is likely to worsen in the years ahead as leaders are drawn in by the use cases...

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