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Anarchy Reigns: After Stunning Reversal, Markets Blindsided Again By New Tariff Headlines
You'd be forgiven for asking whether anyone buying the dip on Monday in US equities might have missed the point.
Arguably, it's not so much what Donald Trump's Sunday evening tariff threats mean for the chances that a trade deal eventually comes to fruition that's disconcerting. Sure, market participants would be aghast if the whole thing fell apart in earnest and an all-out trade war ensued, but presidential posturing aside, that still seems far-fetched. Rather, the most worrisome thing about
At some point I hope the public comes to realize that nothing our president (small “p”, small hands, small …) does has anything to do with America and everything to do with him. Also, has anyone else noticed that everything he does is intended to purposely hurt someone or some group. There’s another record for him, most people hurt by the actions of any of our leaders in a two year span of time.
Enjoyed the hockey reference. All else is just Trumpian folderal.
Note yield curve with 3M 2.42%, 1Y 2.38%, 5Y 2.26%, 10Y 2.47%.