YARDENI: “This is perhaps the first manufactured US bear market in at least 100 yrs, in the sense that it was created by President Trump, in his obsession w/ tariffs, rather than caused by anything to do with the business cycle, overleverage, or financial contagions.” @yardeniresearch.bsky.social - ThreadSky

carlquintanilla.bsky.social • 10 days ago

YARDENI: “This is perhaps the first manufactured US bear market in at least 100 yrs, in the sense that it was created by President Trump, in his obsession w/ tariffs, rather than caused by anything to do with the business cycle, overleverage, or financial contagions.”

@yardeniresearch.bsky.social

Comments

s2root.bsky.social•10 days ago

You need a new name for a market that is resultant of a self inflicted global trade war where most nations are against you. Perhaps call it a "hibernation market".

susanboston.bsky.social•10 days ago

The Dump Trump Crash (like dump truck?).

jmbryan03.bsky.social•10 days ago

2018 Fed misstep? I know it was 19.8%, but close enough?

harleytheequinn.bsky.social•10 days ago

And if we’re to believe nobody in the administration or in Congress made $$$ w/ insider trading last week, well, we can all go buy the Brooklyn Bridge. 🙄

eximio2.bsky.social•10 days ago

This drama is the same cycle Trump had repeated over and over again throughout his life. Things are going great and then he blows everything up.

bbulpett.bsky.social•10 days ago

coachnobody.bsky.social•9 days ago

The market rebounding today is a really bad sign. It gives Trump cover to keep the tariffs on longer. The longer they are in place the more damage they will do.