General Discussion

but usually not much more often than that.

Trump had no choice - Japan was on the verge of a mass sell-off of US Treasures, which would have permanently destroyed any portfolio holdings he and his supporters had, not to mention would have seen his head on a pike before the month was out, if the oligarchs had anything to say about it.

As it is, the market is not done. Today was a dead cat bounce, but China's gearing up to retaliate in a big way, and Trump simply "paused" the tariffs for 90 days. He foolishly burned a lot of political capital this month.

Trump blinked. Hard. What it showed was that he is not King of the World, and that's not going to play well in MAGA-land. He's lost a lot of standing on Wall Street, and I think that there's going to be a quiet whisper campaign in power circles about the fact that maybe Trump is too old and will need to step aside for the good of the country.