Son, daughter in law, and grandies 2yrs and 4yrs have just gone home after a stay of several days n nights … we’re both chilling the rest of the afternoon … so naturally I might ponder 8)).
A 10 yr old American markets uncertainty index is at a near record level and its creators can’t tell if it has yet peaked.
It seems there are only a two possible outcomes for Trump at this point:
Tariffs work, inflation doesn’t increase beyond the initial shock, America’s wealthy become wealthier, America’s wealth gap widens, the MAGA base is left in the wake.
Tariffs fail, inflation rises, economy and jobs stall, Trump waters down and even walks away from his signature tariffs policy that was to fund promised tax cuts.
