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Ep. 65: Liberation day to liquidation day: Tariffs, market crash, and global economy
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Trump's liberation day announcement and the 'reciprocal' tariffs led to stock market crash and high market volatility. With global stock markets shedding trillions of dollars from its value and the eventual hit on US Treasury bonds as investors dump the bonds and yields on the bonds rise, Trump put a temporary 90-day halt on the tariffs. President Trump and the US blinked as the market taught it a harsh lesson in international economics. So what happened? In this discussion, we chat about the market dynamics and political economy of 'liberation to liquidation' week.
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