THE STRATEGY OF CHAOS CONTINUES
The Year Of Volatility: BOTH WAYS
Helluva timing for that client note right before market went vertical!
EXACTLY after Bessent spoke, Trump posted the 10% tariffs stay in place but with 90 day pause on the reciprocal tariffs - EXCEPT China.
All of that chaos, trillions of dollars evaporated - for the benefit of Trump loyalists who position in advance of the market mayhem & mania as reward for favors paid. It's as old as time!
So Plan On It!
That's why I tell clients add some OTM lotto calls for this type of macro-driven, market-moving event. That way, you can keep your hedges/shorts or continue to #ShortTheRip!
I continue to warn: It's gonna be THE YEAR OF VOLATILITY BOTH WAYS!!
But remember, all of these shenanigans are:
Bear market behavior
Shake out and wear out investors
Bad for US credit
Bonds Baby Bonds!
Here, Geoffrey explains how the fixed income market, as the 2nd largest market in the world behind currencies, is still at maximum risk! And why Trump & Bessent manipulating markets today to backstop bond holders is short-term supportive of equities but only for the very short-term: