John Kennedy, junior United States senator from Louisiana since 2017:
- serves on the Appropriations, Banking, Budget, and Judiciary Committees in the U.S. Senate
- serves as the top Republican of the Appropriations Subcommittee on Energy and Water Development and Banking Subcommittee on Economic Policy
Comments:
- Stock market was a little overvalued at around 21 times earnings
- vs. ten year average 18 or
19 - market is expressing its uncertainty
about tariffs - (Trump is) a
president who believes … passionately in
tariffs - He’s dug in. I mean he’s dug in like a like a tick.
- Will it
cause inflation, will it be a positive? Will it be a negative? The
truth is we just don’t know. And markets don’t like uncertainty.
Who knows what to believe from slimy politicians. But, on the ” markets don’t like uncertainty” – he got that right and US equities are copping it.
This article was written by Eamonn Sheridan at www.forexlive.com.
