Wednesday, April 9, 2025

Uncertainty

                                             Did You Ever Have To Make Up Your Mind?

Then you bet you'd better finally decide
And say yes to one and let the other one ride
There's so many changes and tears you must hide
Did you ever have to finally decide?
 

So  Trump changed his mind on tariffs AGAIN?

The one thing that the stock market hates more than anything is uncertainty. The market would prefer that the certainty be positive, but certainty that is negative is still better than UNcertainty. So is it any wonder that the stock market has been tanking since Donald Trump announced tariffs (that beautiful word) would take place on Liberation Day. My personal 401(K) plan took a nose dive of a 10% decline in the last few days. The tariffs themselves were supposed to be reciprocal, but it is unknown what the penguins in the uninhabited Heard and McDonald Islands did for which the US had to reciprocate. Today Trump announced that he was just kidding, the tariffs would be suspended for 90 days.

Trade wars were the comedic subject of Ben Stein’s economic lecture in the movie Ferris Buller’s  Day Off. Trade wars are so stupid that they are supposed to be funny. I am among those who are not laughing at the moment. As bad as trade wars are, uncertainty in trade wars is even worse. Make up you mind. L’etat N’EST-CE PAS Donald Trump. “We the people” are the state.  Can somebody please tell “Don the Con” to make his mind before the stock market goes into free fall and we all lose our mind.

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