MONDAY
All Trump has to do if he wants to turn the markets around is anounce a few positive developments with some consequential Countries who are reigned to cancel all Tariffs on US Imports and reciprocate with these Countries
Will he ?
All Trump has to do if he wants to turn the markets around is anounce a few positive developments with some consequential Countries who are reigned to cancel all Tariffs on US Imports and reciprocate with these Countries
Will he ?
Nope!
This is all going to plan, AFAIK. There is no way he flips on a dime.
I think we have to wait for the moment Trump or Bessent publicly calls for a new monetary regime, or the Fed announces YCC or massive QE.
In the meantime, I am expecting things to get worse, potentially much worse, before either of the above is even remotely ready to be announced.
Bessent said its Main St’s turn.