'the last thing we need now is more tariff drama,' penn mutual


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Investors had plenty to cheer about as U.S. stocks clawed their way back from April's post-"liberation day" selloff. But now, President Trump's latest tariff threats risk


undoing some of that progress, said George Cipolloni, a portfolio manager at Penn Mutual Asset Management. Making the situation even more precarious is the fact that the economic impact


from Trump's earlier tariffs has yet to be seen, while rising global bond yields have added another layer of risk to the setup for markets.