Tariffs and the global markets: potential asset class implications

As of this writing, global markets are experiencing widespread turmoil following President Trump’s tariffs plans. While uncertainty is widespread amid elevated risks and significant questions remain unanswered, many advisors and institutional investors are waiting to see how events unfold before reacting. In this fluid environment, Fidelity’s veteran research and portfolio management teams are working from the bottom up to see how policy changes may impact businesses, sectors, and asset classes.