Q: Hi All at 5i!
Every dark cloud has a silver lining. So, considering Trump‘s insane tariffs and their effects, there will be people making money. What investments, stocks or otherwise, might see a growth in business??
Cheers,
Tamara
Every dark cloud has a silver lining. So, considering Trump‘s insane tariffs and their effects, there will be people making money. What investments, stocks or otherwise, might see a growth in business??
Cheers,
Tamara
5i Research Answer:
Gold may be a good place to go, if tariffs cause general worry and inflation. Utilities are always a good place to hide. Small companies with only-Canada sales may not be impacted directly (but small companies tend to be shunned when times are bad so there is an offset). Software companies may not see much impact (hard to track and tariff cross border sales).