Given that the US stock market reacted positively to the Supreme Court’s decision to strike down President Trump’s tariffs, there is a high probability that emerging markets, whose economies were impacted by these tariffs, may also see an upmove. Now, the question: Should the development be taken at face value, or does one need a more nuanced view? Because, there could very soon be more tantrums and social media posts – bringing more uncertainty to global equity markets.
