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Markets are flailing for a storyline in a world that no longer fits into one.
"(We) are increasingly convinced that tariff risks have not been appropriately discounted in financial asset prices," Corpay chief market strategist Karl Schamotta wrote over the weekend.
Learn what BPO really is, when it works, where it falls short, and why modern finance teams are choosing automation over outsourcing.
Karl Schamotta, chief market strategist with payments company Corpay in Toronto, said the stream of tariff announcements could reignite market concerns.
“Traders remain broadly convinced that the President will ultimately fail to follow through on his threats, but this may not be a safe assumption,” said Karl Schamotta, chief market strategist at Corpay
"The US dollar is climbing against most of its major peers and volatility assumptions are ratcheting back up as traders brace for more turbulence ahead," wrote Karl Schamotta, chief market strategist at Corpay
“There was hope that there was light at the end of the tunnel — unfortunately it appears that light is a train,” Karl Schamotta, chief market strategist at Corpay
See how corpay brings AP, card programs, lodging, fleet and cross-borders together
