361Firm Briefing #264: "Long-Term Implications of Trade War" (April 29, 2025)

361Firm Briefing #264: "Long-Term Implications of Trade War" (April 29, 2025) Before the Briefing, as we were in Riyadh, we discussed the takeaways from our World With Purpose Summit co-hosted with Ghaya. The Briefing itself discussed the impact of trade tariffs and geopolitical tensions on global markets. Stephen Burke highlighted that the S&P 500 saw a 10% drop in Trump's first 100 days, with Treasury yields and crude prices also affected. The Bloomberg economist survey predicts a 45% chance of a U.S. recession, 1.4% growth for 2026, and 3.3% core inflation. The discussion also covered the potential for a trade deal, with China considering lowering tariffs. The impact on shipping was noted, with a significant drop in U.S. imports and a rise in Vietnam's share. The meeting concluded with a focus on the need for clarity on trade policies to stabilize markets. You can subscribe to various 361 events and content at https://361firm.com/subs. For reference: Web: www.361firm.com/homeOnboard as Investor: https://361.pub/shortdiagOnboard Deals 361: www.361firm.com/onbOnboard as Banker: www.361firm.com/bankersEvents: www.361firm.com/eventsContent: www.youtube.com/361firmWeekly Digests: www.361firm.com/digest