[icclearly]

DOW futures for today: 40,212.71 40,851 +452

Sure. After Trump backed down on his worldwide tariff debacle and the electronic exemption for China, which is 23% of their imports (a partial back down), it reduced the panic caused by the tariff debacle.

Good thing he did. Before this boondoggle caused another GFC with a crash of the bond market which he created. I'm sure that as smart as you are you fully understand how that all works.

Rates go up, causing us to head further into debt to pay even more interest that must be borrowed/printed, which leads to even more massive deficits and declines as the rest of the world bails out of lending us money.

Ever hear of the Stockholm syndrome? That's what's going on! The world got beat up and then said, "Oh, my, let me kiss your ass" now that you've stopped beating me.

[central_va]

However, those electronics are still subject to the 20% tariff on China related to fentanyl, according to Stephen Miller, White House deputy chief of staff on policy, and as reiterated by Mr. Trump in his Truth Social post on Sunday. Nevertheless, Wall Street is interpreting the change in tariff rates for electronics as a win for the tech sector, especially Apple, which manufactures most of its iPhones in China.

[central_va]

Free Traitor™ bile. What are the long term effects of tariffs? ALL GOOD THINGS.

[central_va]

When you start chemo ( tariffs) your hair falls out and you get really sick ( short term inflation ). Then you get better ( long term prosperity ).