Ryan Patel: Markets Haven’t Reacted Because Trump’s Tariffs ‘Aren’t Real Yet’

RUSH EXCERPT:

PATEL: “I think part of it is it‘s not real yet. What I mean by that is the markets, the consumer, you know, they don‘t wake up just thinking about supply chains right. They you know, consumer spending is still where it needs to be. You know, price on the shelf. You know, when we start to see and we saw this with the oil spike, you know, we start to see these products start to rise. You start to see people not be able to afford certain things, businesses and markets react a little bit more because it‘s been status quo. There hasn‘t been any change or any indication for markets to show that there is this risk behind it. And also companies, many of the ones, not many of the ones, the ones that are doing well, they have a lot of cash on hand as well to invest."