Am I correct to assume (with the latest strong rebound) that the market isn't pricing in protracted tariffs, consumer pinch related to tariffs, nor supply chain interruptions to be forthcoming?

I've seen a handful point to pricing it in (Apple, $900MM although I'm not sure everyone saw that was for the single month of June... and Ford with their $1.5 BN projected hit) although seems the majority are holding guidance as-is or simply declining to provide guidance.

Given the consumer hasn't yet felt the pinch of tariffs working their way through the system cost-wise, nor have businesses and consumers fully felt whatever shock may (or may not) come from supply chain disruptions, I can't help but wonder if today's market has priced all of that risk in given the rapid rebound.

Context, I have another 5-10 until "retirement" so maybe my perspective is just different. Looking for thoughts from the group here, I am far from advanced but the question is nagging me.