politics

What Trump is doing is betting. But it's not even a stupid bet, he has about 60% odds to succeed (his personal goals). The 40% failure chance can come from:

1) If other countries can successfully band together (as Brazil is trying).

2) Stock market whales can't hold the line anymore, and valuations fall in line with the actual economy.

Otherwise, TACO jokes are missing a lot of nuance and actual strategy behind this guy's dangerous game. Trump 100% knows what he's doing and that should scare you so much more than him not knowing.

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Power consolidation=evil.

The markets will react when they see tariffs actually going forward. I think the bond market is more important than the stock market in terms of convincing Trump that he is playing with fire.

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Yea but always thought Trump is more reactive to stocks

You know what the yield on the 10 year equates to, right?

I'd have thought the same about market reaction some years ago but honestly past few years showed that there's no correlation.

Do you think Trump really values bond market more? This might be the third potential exit if yes. Is there a historical precedent?