Oxford Economics' Daco Expects Negative Earnings to Weigh on Stocks

The video discusses the ongoing narrative of earnings versus trade tensions, highlighting the current focus on positive earnings driven by tax cuts and economic growth. However, it warns of potential negative impacts from gradually implemented tariffs, which could lead to business uncertainty and inflationary pressures. The discussion also covers short-term support measures like farm aid in the US and support for manufacturers in China, questioning their long-term effectiveness. The video concludes with a call for reducing tariffs and avoiding subsidies as a more sustainable economic strategy.

How does the speaker view the recent aid to US farmers in relation to tariffs?

What is the speaker's perspective on the long-term economic environment regarding tariffs?