Quote:
Originally Posted by Damien
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.
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I was being facetious. The markets were always going to react badly to disruption of the status quo, and such short term hysteria about them in windows of a few days unhelpful for anyone wanting to deliver anything other than the status quo.
All of the above might happen and if they do it’ll allow more informed conclusions to be made in the months and years ahead.