Trump's "Liberation Day" has finally arrived. Today is what Trump calls "Liberation Day," the day he frees the U.S. economy from the global economy.
Will Trump's action bring more chaos/uncertainty or will the cloud of uncertainty (that has plagued the market since he took office) be finally lifted?
I believe the news will be bullish for the market. So look for a run up because it will be a case of "sell the rumor [as we have witnessed], buy the news." I say so because the alternative will be catastrophic. I hope Trump is aware of this, otherwise he will reverse his decision fast because he will not like what follows.
I believe the market will like the news because it will be a case of Trump overpromising and underdelivering. But what I want most is for it to be over with, because it is a difficult environment to trade in when external factors (market-moving tariff news from Trump and other nations) are constantly bombarding with market. Hopefully that will come to an end today.
