Will the Markets Have a Tariff Tantrum?

The first half of the year has been filled with a series of worries and shocks. A looming trade war. Rising interest rates. A stronger U.S. dollar.  Anti-European Union sentiment in Europe. A potential nuclear showdown with North Korea. Yet for all its gyrations and mood swings, U.S. equities made progress in the first half of the year, up 2.5%.