Victoria Greene, chief investment officer of G Squared Private Wealth Management, tells "Worldwide Exchange" trade optimism is rising, 15% tariffs are now “palatable,” and market momentum remains strong despite rotation fears.

Washington

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

A significant trade agreement with Japan has established a 15% tariff as the new standard for major trade deals, replacing higher tariffs that previously caused concern among investors. This development is seen as a positive step, particularly for the automotive sector, which is expected to benefit from reduced trade barriers. The agreement also sets a framework for future negotiations with the European Union and other partners, with hopes that similar terms can be achieved.

Market analysts noted that the deal has contributed to renewed optimism, with investors responding positively to the prospect of lower tariffs and potential sectoral gains. The agreement is anticipated to support additional investments in the United States, particularly in automotive, industrials, and commodities. Despite some short-term market fluctuations, experts suggest that the overall momentum remains positive, with the trade deal serving as a catalyst for further growth.

Greene: 15% is the new zero

Tell me what do you think investors are really responding to here. I mean trading with Japan a big trade partner. But is this also optimism about the EU and other trade deals. Sure. Look it's the first top five trade deal we've gotten done here. And for us we're excited about it. It now kind of sets the bar with what we've seen with the Philippines and this probably 15 to 20 percent tariffs. Right. We now kind of have our arms wrapped around what it might look like. There's hope the EU can get it done because Japan was a lot about automotives. European Europe is going to be a lot about automotive tariffs. Japan was able to get that through. And so there's hope Europe will get done. And so for us this was it. We needed the big ones to get knocked down. We needed China China Mexico Canada EU. You know after this we're looking at Taiwan and South Korea and Southeast Asia. But there's hope now. OK here's the framework. We can live with 15 percent. Right. 15 percent is the new zero. Right. It's not 30. It's not 50. Everybody's excited about 15 which is just such a baseline update. You think a year ago we'd be freaking out about 15 percent. And here we are celebrating. Oh my goodness. It's just 15 percent baseline across the board including automotive. Does the deal itself. The sentiment is one thing obviously optimism about more deals with the deal itself. Does it have any market ramifications any sectors or areas of the market that benefit from this deal. Sure. First off automotive should be helped a lot. You know GM talked about a billion dollar headwind on tariffs. You know there's a lot of not only just automotive cars but they provide a lot of parts especially for that will be imported. Also the 550 potential billion dollar investment in the United States. That could be a nice little tailwind maybe to build some semis some other industrials here. 100 jets from Boeing. That's great for Boeing. The LNG deal in Alaska. I mean that's been a little bit stalled out. I don't think that's going to come around right away. But you know obviously that'd be great for both Japan and U.S. producers if we have a direct pipeline to export some LNG out from the Pacific Northwest and maybe a commodity benefit with rice. There's a rice shortage over there and maybe U.S. farmers can benefit from that. I want to go to the market action yesterday because I was actually talking to Mike Santoli at the New York Stock Exchange yesterday and we talked about some of this mean reversion. I also want to play a soundbite from our Jim Cramer. He talked about he kind of gave his take on what he's seeing in the market yesterday. Sure. The traders are looking at interest rates. Imagine that there's going to be a recession. So they're buying up what typically does well in recession and reading the register on everything else. So important that we just show Palantir is back up. A lot of those leading stocks are back up. I think Seagate was the outlier there. Do you think that's just what happened yesterday. Stocks got too low. Also interest rates are going low possibly signaling a possible recession. And people are like hey I'm going to trim and I'm going to buy some losers. Yeah we did. We saw that huge rotation yesterday. Sell some winners. Axon Philip Morris rolled over a little bit. Some of that leadership. Netflix has been under a little bit of pressure. And then some of the laggards and home builders and semis you know are on or some of those automotive. So we're back to normal today. I think so. I think we're back to normal. It's risk back trade deal risk. Like hang on with those winners. We're look we're riding the momentum wave still. We're sticking with our winners. I think there's more to leg up here. It happens. Stocks can take a breather and a pause a small consolidation and push back up like they can go down. I always have to warn people like a video or Netflix. They can go down but that doesn't mean the end of the bull market for them. It just means maybe a pause consolidation and the next leg up.

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Greene: 15% is the new zero

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