Too bad we lost that thread. It was pretty funny. One of your more raucous and fulminant wins.
That was a pretty incredible sequence of events in April. Trump announces “Liberation Day” tariffs, markets say “ the fuck you are “ and flex their muscle. Tariffs paused almost immediately, markets roar back. Epic. We were so close to the Bond market collapsing. That win gave the markets the boost we are still enjoying to this day. The Street wins.
The playbook:
April 2, 2025: President Trump announced a 10% baseline tariff on imports from most countries, with rates set to increase later.
April 2–3, 2025: Global markets experienced sharp declines. In the U.S., major indices like the S&P 500 and Nasdaq Composite saw significant drops.
April 9, 2025: President Trump announced a 90-day pause on reciprocal tariffs for most countries, but not China. This led to a significant market surge.
