U.S. Policy Now a Headwind to Markets, Says Morgan Stanley

The video discusses the impact of trade disputes and tariffs on the U.S. economy, politics, and markets. It highlights the potential feedback loop from EU and China tariffs, the political challenges in addressing these tariffs, and the economic implications on GDP. The discussion also covers the market's reaction to policy changes and the role of companies like Comcast in the economic cycle.

In what ways might tariffs affect the broader economy as mentioned in the text?

What does the text suggest about the relationship between U.S. policy and market performance?