Simeon Wallis Breaks Down Trade, Inflation, and Stock Market Shifts

June 9, 2025 – Simeon Wallis, Chief Investment Officer and Partner at Aprio, joined New York Stock Exchange TV Live to discuss the key forces shaping the markets. He offered insights on trade negotiations, inflation trends, and the stock market, which is edging closer to its February record.

Simeon analyzed the market’s recent momentum and shared his perspective on where trends may head next. He expressed confidence that “The Fed [Federal Reserve System] is going to hold steady, they’re going to be patient and maintain its current policy.”

He shared the need for clarity on trade policies, which continue to impact business planning. With tariffs having a huge impact on companies, Simeon notes that many have begun pricing in higher input costs – with the business’s goal to get ahead of the game instead of falling behind. Simeon added that companies are taking a cautious approach in assessing how this year is going to unfold; in the later half of the year, there could be potential risks to earnings estimates if uncertainty around the trade policy persists.

To watch the full interview, visit New York Stock Exchange on YouTube.