BofA's Subramanian: 'I Would Sell on March 1,' on U.S.-China Trade

The transcript discusses the impact of tariffs on earnings and market expectations, focusing on potential rollbacks and their effects. It explores trade talks, global implications, and concerns about European markets, including Brexit. The discussion also covers potential market scenarios based on different trade outcomes, highlighting the importance of consumer and corporate confidence.

What is one of the key issues discussed in relation to rolling back tariffs?

• Increase in domestic production

• Resolution on intellectual property

• Reduction in consumer prices

• Open access to European markets

How did the market react to the possibility of undoing last year's tariff increases?

• It led to a significant increase in stock prices

• It was not priced into the market

• It caused a decrease in consumer confidence

• It resulted in a surge in imports

What is a potential consequence of resolving trade issues with China?

• Reduction in global trade tensions

• Increase in US manufacturing jobs

• Immediate resolution of Brexit

• Increased focus on European car tariffs

What is the potential impact of Brexit on European markets?

• It will boost European exports

• It could lead to a binary potential negative

• It will stabilize the European economy

• It will have no significant impact

What is the market's current focus according to the discussion?

• Interest rates

• Trade issues

• Technological advancements

• Environmental policies

What is a major concern if the US increases tariffs to 25%?

• An increase in foreign investments

• A 5 to 10% downward move in the market

• A rise in employment rates

• A boost in consumer spending

What might happen if consumer and corporate confidence declines due to increased tariffs?

• A boost in domestic investments

• An increase in foreign trade

• A 10% downside to the S&P

• A rise in stock prices