Quote:
Originally Posted by jfman
It’s a success now everyone has got used to it. That’s how this short term judgement based on 12 hours of global stock market activity works right, no?
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Well, no, because at some point, the stock market stabilises. The tariffs already announced are now priced into the market, which has dropped around 10%.
The 2008 crash wasn't a success when the market stopped bleeding.
The second-order effects of the tariffs might still be to come. Inflation, recession, a slowdown in hiring from companies worried about cash flow and income and less credit being available.