Episode 194 - Marks on the Markets: Tariffs, Uncertainty & Threading the Needle with Bob Doll

In this timely market analysis, Crossmark Global Investments' Bob Doll joins Richard Cunningham and John Coleman to dissect the dramatic market correction of Q1 2025 and the economic uncertainty driving it. Key Topics Covered:The fifth fastest market correction since WWII and what caused itTrump administration's economic strategy: taking pain upfront for potential gains laterTariffs as revenue generators vs. inflation driversRising recession probability (now 35-40%) amid continued uncertaintyThe "Magnificent 7" tech stocks' slowing cash flow and what it means for portfoliosGeopolitical outlook for Russia/Ukraine, Middle East tensions, and China's vulnerabilitiesWhat could restore market confidence in coming monthsFuture of M&A activity and IPO markets amid regulatory changesFaith-driven investing insights and the need for patience in volatile times Bob shares his current recession probability assessment and what economic indicators he's watching closely. The discussion explores how the administration's aggressive early moves—particularly around tariffs and budget cutting—are creating short-term market turbulence but could potentially lead to economic benefits if properly executed. The conversation concludes with personal reflections on patience, humility, and maintaining proper perspective as faith-driven investors during uncertain economic times. Recorded on April 1, 2025