Replying to @Ah_Meng:Brilliant take, Ah_Meng. Love the imagery, markets, like storms, can threaten thunder with no follow through. April 2 feels like Schrödinger’s catalyst, both electric and empty until observed. Tariffs, as you said, hit consumers hardest, but the market reacts to headlines more than substance. //@Ah_Meng:Thanks @Barcode for the tag. You are definitely cooking up a storm out there in your sharing! Today's news article in Australia seems to reflect the feel of the market. With 2 April approaching, will we seeing 'liberation' or 'lightning storm'? Perhaps it's a non-event, those days with dark gloomy clouds but no 🌧️, not even a drizzle. It's a day after April fool day after all.
Tariff is akin to import tax. Consumers are the only ones suffer. Donald Trump knows all it, but he won't care. Market on the other hand is too concerned with what he does. Not many people could be like Warren Buffett, lightens up and move to cash. He can afford to watch the show on the side and scoop in when blood is in the street. Most of us are still in the game, so we can't afford to do nothing. It is important to ignore the noise and not react at every turn. Reduce risky bets and hold some cash. Don't jump whenever it corrects, or the chance of catching falling 🔪 increases! @Shernice軒嬣 2000 , your turn.