It’s a lovely day. In a few hours this morning I recouped a terrific chunk of change.
Over the weekend administration officials and Trump himself signaled a “ dial down “ of tariffs. The tough talk on tariffs is being walked back. This is good news and the markets are reacting in a positive way. TSLA the big winner.
Turns out Java nailed it last week. I want to know your reasoning Java. Did you expect another flip flop on the tariffs deadline? A gut feeling that volatility was going to continue?
TSLA up nearly 10%
Nvda up almost 4%
PLTR up over 5%
Wmt up almost 2%
inflation is down
interest rates are down
energy costs are down
government spending is down
manufacturing jobs are up
all the above are positive influences on the stock market
April 2 is coming like freight train, and if countries don't reduce their tariffs, then ours will go up
so one of two things will happen, either our exports will go up, or our revenue goes up, which will reduce the need for internal revenue in the form of taxes
my guess is that some of each will happen on a country by country basis