RE: Tariffs3 Apr 2025 10:48
Not sure I agree there, James! Have you not noticed the worldwide tariff induced market turmoil, causing Pru's SP to significantly retreat? I guess the worry is that it could drop more or will the market stabilise? Seems to me Trump has ended globalisation in one fell swoop! But one hopes there should be enough wealth in China, Hong Kong, India, Africa, Indonesia etc. despite tariffs, to keep Pru in business for years to come. Maybe not having a presence in USA and Europe could still turn out to be a masterstroke! Let's hope so. 🤞