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Stock impact report

How this $2-billion money manager plans to weather the tariff storm [Globe and Mail, The (Toronto, Canada)]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Money manager Craig Basinger has been investing more defensively in recent months, even before U.S. President Donald Trump launched a tariff war this week that sent markets into a downward spiral. Mr. Basinger's take is that inflation is back and tariffs – if they do come, after being delayed again until April 2 – will likely worsen it. “Inflation is going to be more volatile,” says the chief market strategist at Toronto-based Purpose Investments Inc., who oversees about $2-billion of the firm's more than $20-billion in assets. If tariffs are ultimately slapped on Canada, Mr. Basinger isn't convinced they'll endure, especially if markets continue to react negatively. He calls it the “Trump Put,” given the broad belief that President Trump measures his success on the performance of U.S. stock markets. “If markets get bad enough, we could see a softening or reversal of policies markets dislike,” he says. Mr. Basinger says tariffs could spur a recession in Canada that could da Show less Read more
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