I’m still a bit blown away at just how much yesterday recovered given:
1. China tarrifs are incoming
2. The pause is temporary
3. I’m not seeing any indication that a deal with any country is even remotely close to getting done. Only ones saying that are the White House from what I’m seeing
No surprise, yesterday’s rebound is likely short covering plus dead cat bounce. Bear market dynamics in play since recession is all but in the cards for q4 25 maybe early 26. Question is how long recession will last, the more Trump do 90 days delays the longer it will last due to uncertainty.
Comments
1. China tarrifs are incoming
2. The pause is temporary
3. I’m not seeing any indication that a deal with any country is even remotely close to getting done. Only ones saying that are the White House from what I’m seeing