The market up a lot today supported pushback against "Woe is me, I’ll never be able to retire, I’m going to be eating beans for the rest of my life." That it had only been "SIX (6) whole days since they were implemented." and that "some countries are already considering looking at relief from their tariffs on the U.S."
I didn't read your monologue that generated this response; I think tariffs are generally bad, and I don't think you guys were saying the world was going to end, but this market action did seem to support the reader's comments as I understand them.
sometimes the market acts dumb as hell for many months.
other times, it rapidly senses a broader truth regarding strategy and longterm risks, despite the reliability of the source :
"Asked on Wednesday how he would decide on any further exemptions, Mr. Trump said: “Instinctively, more than anything else. I mean, you almost can’t take a pencil to paper. It’s really more of an instinct, I think, than anything else.”
Just hoping the long-time reader gets to chime in after the market reaction today... And before whetever tomorrow brings!
Sure, except the market reaction doesn't prove his point.
The market up a lot today supported pushback against "Woe is me, I’ll never be able to retire, I’m going to be eating beans for the rest of my life." That it had only been "SIX (6) whole days since they were implemented." and that "some countries are already considering looking at relief from their tariffs on the U.S."
I didn't read your monologue that generated this response; I think tariffs are generally bad, and I don't think you guys were saying the world was going to end, but this market action did seem to support the reader's comments as I understand them.
sometimes the market acts dumb as hell for many months.
other times, it rapidly senses a broader truth regarding strategy and longterm risks, despite the reliability of the source :
"Asked on Wednesday how he would decide on any further exemptions, Mr. Trump said: “Instinctively, more than anything else. I mean, you almost can’t take a pencil to paper. It’s really more of an instinct, I think, than anything else.”
NYT 9april2025