The inventory market being up might be one in every of my favourite components about this month’s report. Why? Due to the irony.
You see, it is superb that our retirement accounts aren’t screaming in as a lot ache as they have been a number of months in the past when Trump first introduced tariffs, and Wikipedia subsequently created a 2025 Inventory Market Crash web page. Which can make you think about: Hmmmmm, if pauses on tariffs are supposed to finish quickly on Aug. 1, then why is not the inventory market reacting in the identical approach?
One reply from economists? Due to Trump’s new nickname: TACO (aka, Trump All the time Chickens Out). That means, Trump’s commerce offers and tariff pauses have been an on-again-off-again affair that the market might have a tough time taking severely now that it is meant to be on-again. The perspective appears to be, Why fear till we’ve got to?
That is good for residents, at the least, who noticed a second month of positive aspects.
