Charts & Chat - April 20, 2025
Eric Boyce • April 20, 2025
This week, CEO Eric Boyce, CFA discusses:
1. Issues on trade related to China and the length of negotiation for deals
2. the potential impact on small business & on capital spending
3. Soft data is certainly soft at this point due to global uncertainty...among consumers, business owners and investors
4. Some hard data - retail sales, regional Fed surveys - do not yet reflect the increasing impact of tariffs
5. US dollar weaker - implications for trade, bond yields
6. negative wealth impact of stock declines, where is valuation, earnings estimates falling as expected





