US Stock Rally Masks Traders’ Nagging Tariff Concerns, Survey Show

Beneath the optimism propelling the S&P 500 toward fresh record highs is lingering concern that trade protectionism will inflict lasting damage on US assets, according to the latest Markets Pulse survey.

Seventy percent of the 162 respondents to a survey conducted Aug. 6-12 indicated that US stocks’ performance relative to global peers will suffer from President Donald Trump’s trade policies by the end of his term.