and that’s not impossible by any means. but seems more likely a failure of imagination. I think markets can’t process it because it defies rational explanation. but welcome to the 21st century
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I agree with you and would add another. I worked in finance/PE for 28 years and the Wall Street/trader crowd think they are smarter than everyone else. They would have to admit they were duped and they can’t wrap their head around that yet.
Decline in individual company stocks (as opposed to broader market) may be tempered by ability of CEOs to leverage “donations” to appropriate Trump related foundations, PACs, entities, etc… in exchange for a special exemption from tariffs
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