The stock market has gone through quite a serious recovery rally in the past few weeks. That rally has slowed down more recently, but investors who took the initiative when tariff fears were at their peaks are now laughing their way to the bank.
Now, tariffs have not only de-escalated, but a recent court order has put a halt to most of the tariffs. The government appealed and managed to get tariffs reinstated. That said, this is a temporary measure, and the government could start being less aggressive on tariffs going forward.
On top of that, recent macro figures have been quite good. Q1 GDP came in at -0.2% vs. -0.3% expected. It’s negative, but it’s nowhere as bad as many would have thought just a month and a half ago. With that in mind, here are some stocks that could recover as long as macros hold up.
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