Money Managers Cast Doubt on Economic Impact of Trump’s Tariffs
- Guggenheim’s Anne Walsh says tariffs are ‘negotiating gambit’
- Economists still expect Trump’s agenda to have negative impact
Jenny Johnson
Photographer: Chris Ratcliffe/BloombergSome of the world’s most powerful and influential money managers said they’re not convinced that President-Elect Donald Trump’s potentially wide-ranging tariffs are much more than a negotiating tactic.
That was a key take-away from Franklin Templeton Chief Executive Officer Jenny Johnson and Guggenheim Partners Investment Management Chief Investment Officer Anne Walsh, who spoke at Bloomberg’s Women, Money and Power event in London on Tuesday.