US recession fears overstated; Indian market rally sustainable

Matt Orton from Raymond James Investment believes concerns about a U.S. recession linked to tariffs are exaggerated. He thinks the current rally in the Indian market is likely to continue. Orton sees potential benefits from quickly negotiated tariffs between the U.S. and India. He advises investors to seek high-quality investment opportunities after April 2nd, a date when more tariff decisions are expected. Orton mentions that while China might face tougher tariffs, this could lead to beneficial discussions for both countries. In a recent statement, Orton expressed that the fear of a recession is overblown. He emphasized that after April 2nd, the earnings season will provide clearer insights from company management about how tariffs might affect their businesses. He believes there are good investment opportunities among many companies, particularly in sectors tied to artificial intelligence. Orton is also curious about what President Trump will announce on April 2nd, hinting at the seriousness of potential tariffs. He anticipates these tariffs will target trade issues, particularly with China, and set the stage for future negotiations. He hopes for clarity on April 2nd so investors can make informed decisions. Orton believes that even with new tariffs, the U.S. economy will not enter a recession. He recommends focusing on high-quality financial investments, especially in India, which he feels will benefit from its trading relationship with the U.S. Overall, he remains optimistic about the Indian market's prospects.