Thursday March 27, 2025
1:00 pm EDT | 10:00 am PDT | 5:00 pm GMT
As tariffs loom, along with rising national debt, persistent inflation, and elevated interest rates, how will investors effectively safeguard their portfolios from potential downturns?
Join CFRA’s roundtable, where our Consumer Analysts will explore the nuanced and complex ways in which tariffs are expected to impact the consumer and consumer-facing companies. They will dive into the specific challenges faced by different industries, analyze potential ripple effects on consumers, and highlight tariff-related dynamics shaping the market.
During this interactive roundtable, they will discuss:
- Oil and Gas: How tariffs will raise fuel costs, disrupt supply chains, benefit domestic producers.
- Big Box Retailers: Higher import costs will lead to price hikes or supplier shifts.
- Auto Industry: Tariffs on steel and parts raise costs, affecting prices and jobs.
- Retail: Import tariffs will increase prices and reduce demand.
- Winners/Losers
CFRA is a CFP Board sponsor. The CFP Board has accepted this session. Please provide your CFP ID to receive credit for attending this live webinar.
Speakers
Stewart Glickman, CFA
Director of Equity Research
Stewart Glickman is Director of Equity Research at CFRA. He is responsible for analytical Energy sector coverage across the value chain. Stewart held the position of Sector Head of the Energy and Materials teams and Industry Analyst for S&P Global Market Intelligence.
Prior to joining CFRA and S&P Global, Stewart worked in strategic consulting with Monitor Company and in economic consulting with Law and Economics Consulting Group and National Economic Research Associates, Inc.
Stewart holds a Bachelor of Arts degree in Economics from the University of Western Ontario, a Master of Arts degree in Economics from the University of Victoria and an MBA in Finance and Accounting from the Stern School of Business at New York University. Stewart is a CFA charterholder.
Garrett Nelson
Senior Vice President of Equity Research
Garret Nelson is Senior Vice President of Equity Research and is primarily responsible for coverage of the U.S. Automotive and Beverages industries. He covers the entire Auto supply chain from manufacturers such as Tesla, Ford, and GM to parts and equipment suppliers, retailers, dealerships, distributors, and tire manufacturers. Garrett also follows the Beverage and Tobacco industries, including Coca-Cola, PepsiCo, Molson Coors, Constellation Brands, Altria, and Philip Morris.
Arun Sundaram, CPA, CFA
Senior Vice President of Equity Research
Arun Sundaram is Senior Vice President of Equity Research and primary covers big-box retailers (e.g., WMT, TGT, COST), food retailers (e.g., KR), discount retailers (e.g., DG, DLTR), internet retailers (e.g., AMZN, EBAY, ETSY, CHWY, W), and food manufacturers (e.g., KHC, GIS, MDLZ, HSY). Prior to CFRA, Arun worked in public accounting where he audited financial statements for public and private companies and performed due diligence services for companies pursuing M&A deals. Arun has a Master’s degree focused in Accounting and Information Systems from Virginia Tech and a Bachelor’s degree focused in Accounting from James Madison University. He is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA).
Zachary Warring
Vice President of Equity Research
Zachary Warring is a Vice President of Equity Research covering roughly 40 companies across retail and gaming. His coverage falls under Apparel and Footwear retail, where he covers company names such as Nike, Inc., Lululemon Athletica, and The TJX Companies. He also publishes three industry surveys: Retail Apparel, Retail Non-Apparel, and Textiles, Apparel, and Luxury Goods. In his coverage, Zachary has also been featured in print media, such as Barron’s, Reuters, New York Times, and MarketWatch.
Prior to joining CFRA, Zachary participated in the College of William and Mary’s program’s student-run Investment Fund, which helped him find his passion for equity research. He also holds an MBA in Finance from the College of William and Mary and has spent 4-years in the United States Navy as an Operations Specialist.
Ana Garcia
Senior Equity Analyst
Ana Garcia is an experienced Senior Equity Analyst specializing in Consumer Staples and Health Sector. She possesses deep knowledge and expertise in the sub-industries covered within consumer staples, such as household products and personal products, and sub-industries covered within the health sector, including life sciences tools and services, biotechnology, and pharmaceuticals.
Ana joined CFRA in 2022 and has provided valuable insights and analysis to the team. Prior to joining CFRA, Ana worked as a Pension/Retirement Consultant for Alliance Pension Consultants, where she gained experience analyzing and managing retirement plans.
Ana holds a Master's in Finance from the University of Notre Dame. She also holds a Bachelor of Science in Mathematics from Elmhurst University.
