‘It Doesn’t Take A Genius To See What’s Coming’: Amid Daimler News, Albert Edwards Warns On Auto Tariffs

‘It Doesn’t Take A Genius To See What’s Coming’: Amid Daimler News, Albert Edwards Warns On Auto Tariffs

Boy, I'll tell you what - I don't know when Albert Edwards starting writing his latest note (dated Thursday), but it's looking pretty damn topical in light of the Daimler news and accompanying market fallout in European autos. As you're hopefully aware, Daimler just became the first major company to slash its profit outlook due to escalating trade tensions between the U.S. and China. You do not have to be some kind of incorrigible pessimist to suggest Daimler will not be the last to adjust its
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