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Reply to "What will happen to the economy and stock market if SCOTUS rules Trump tariffs are unconstitutional?"
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[quote=Anonymous]My prediction if tariffs are overturned: -Interest rates go up because of deteriorating fiscal condition of the U.S. since this will blow a hole in the federal budget, higher mortgage rates -Price of gold goes up -Consumer prices flatline, rate of inflation falls below 2% -Stock market rally in companies/sector reliant on imports - consumer good (Walmart, Home Depot), electronics (Apple, Samsung), automotive (US and foreign), small cap stocks -Tariffs refunds inject money into the economy - less layoffs, more economic activity -[/quote]
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