The David Lin Report · Saturday, August 29, 2026
Matt Gertz of BCA Research expressed concern that the market is underpricing the risks associated with ongoing trade frictions and tariffs. He noted that despite similar tariff rates to April, when markets reacted negatively, the current market is at all-time highs with little concern.
“And so my general view is that there's more risk from tariffs than is probably being priced in.”
“And so back in April, uh, there were all these tariff proposals, and the market freaked out, uh, equities sold off, uh, credit markets, uh, freaked out, basically higher spreads.”
“And so, you know, my general view is that there's more risk from tariffs than is probably being priced in.”