The market is too complacent on short-term impact of tariffs, says Cantor's Eric Johnston
CNBC Televisionยท2025-07-29 18:10
So joining me now is Eric Johnston, chief equity and macro strategist at Canerfizz Gerald. Eric, it's good to have you on. Threebs.Before we break those down, tell me why you see a near-term pullback and why you'd be buying if you did see that. Sure. So I, you know, fundamentally, we we've seen tariff rates that are likely going to be somewhere in the 16 to 17 18% uh area, likely going to translate into 600 to 700 billion of of tariff revenue.And I think if you I think the market is too complacent around wh ...