So I've been thinking...
All these tariff news are "news" (while they still have huge impacts on our market & bonds), but what will really hurt is when the symptoms start to kick in our economy. It's like getting told "you have cancer!" will send negative impacts to you and your family, but the real pain comes when symptoms start to show on your body. The expected symptoms in overall, such as higher inflation, less jobs, less consumer spending, and more, will most likely take US through a recession/depression, if not stagflation at worst.
So what happens when Trump caves and lifts all tariffs? Can we assume bond and dollar drop may slow down (or will they continue since US lost its trust from others), and will expected inflation start to drop? Will our economy have an outlook anywhere close to before, or will it still have an ugly outlook due to the damage done by Trump's politics?
I personally think we'll see something similar to Apr 9th, tariff lifts will send markets through the roof due to sentiments, but only for people to realize what actual state our current economy is in and slowly continue to drop for some time. But I'm just an average person and know nothing lol. Curious to hear what everyone's' thoughts are.
Thanks