Equities are going to ‘tank again in a big way’, warns global strategist
Komal Sri-Kumar, President of Sri-Kumar Global Strategies, has cautioned that the recent stock market rally might be short-lived, warning that equities are likely to tank again.
Sri-Kumar pointed to persistent trade wars, rising Treasury yields, and policy instability as catalysts for the impending market turmoil, according to an interview with David Lin published on April 27.
He noted that if tariffs between the U.S. and China, currently at 145% and 125% respectively, persist, the equity rally seen earlier would likely reverse sharply.
