Muhlenkamp: Tariff Impact 'Worst Case Off the Table'

Jeff Muhlenkamp says this week's upswing is a "relief rally" as investors largely move past tariff uncertainty believing the "worst case off the table" scenario is in play. For asset classes, he looks at the strength in gold. Jeff adds the precious metal will still outperform this year because of the changes underway in the global financial system as countries look for another source of value other than the U.S. Dollar.

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