17:I[66739,["/_next/static/chunks/0.3dg.jzl0xwf.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/05hx6kuf6-oy4.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0~heydqc5smtk.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0juapqyy99ga..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0n1.gwovf1vi..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/06dn~uer6.43l.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"default"] 19:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"IconMark"] 18:T52a,

Ryan Kelley calls Monday a "very excellent day in the market" after the U.S. and China agree to a 90-day tariff pause. However, he points to long-term headwinds and unknowns investors may not be pricing for. Ryan adds that CPI and GDP prints will be clear indicators investors should watch, serving as guidelines for the Fed's path forward. He later makes the case for small and mid-cap outperformance.

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Long-Term Headwinds with Tariff Pause Rally, Bull Case for Small & Mid-Caps

Schwab Network

Long-Term Headwinds with Tariff Pause Rally, Bull Case for Small & Mid-Caps