Markets Misread Trump Win, Says Ex-Goldman Sachs Analyst: 'Prospects Of Tariffs Not Good For Equities'

Former Goldman Sachs FX strategist Robin Brooks noted that markets misunderstood the impact of tariffs on equities, predicting more strength for the U.S. Dollar. Tariffs can lead to inflation and affect equities, but benefit the domestic currency. Analysts expect the Dollar Index to potentially reach 108.