True friends …
(Source)
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This is also something that is a lot worse today than 2000 or 2008: news spread extremely quickly over the entire world, minority opinions that would otherwise have been ignored can gain traction in a heartbeat, the media people consume are getting more and more sensationalist etc.
Add to that the fact that most people are in a position to be able to sell investments by themselves in seconds (no need to make an appointment with your bank) and you have all the prerequisites for crashes to happen much more quickly than in the past.
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I agree. Fast information flow makes the panic more visible and it becomes self fulfilling at some point
However I think we can ignore the news all we want. But we also need to acknowledge that history is being made in front of our eyes. A strong reliably economy is being questioned, a reserve currency status is being reviewed and new global alliances are being formed
Interesting times for investors.
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Looks like bullish news for Apple
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Tim Apple’s donation to the inauguration seems to have paid off.
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I think this was inevitable
Samsung will have 10% tariff & Apple will have 145% . Cannot work
So best is to carve out phones from Tariffs
We’ll probably have a big green Monday, then the market will remember that nothing’s fixed.
Personally I feel that the only real information will come in Q2 earnings 2025 for big tech (September). Watching but not acting in this environment.
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You mean late July? Or Q3 earnings?
Having made a pig‘s breakfast with his unilateral ‚the exceptional nation against the world‘, perhaps a more collaborative approach will be resorted to at some point.
Maybe getting the dates mixed up, the point remains that I believe we’ll see what’s happening in the real world and not on twitter once a good 6-9 months have elapsed since the stupid started.
Edit: @EPeon maybe yes, maybe not, “I come from Istanbul and cinnamon on top” (Greek expression added to statements to emphasise an illogical chain of events), funny that in English it rhymes.
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Not sure if this was already known because Apple did go up 4% on Friday too.
All this clearly shows that US is not doing well in negotiations with China and were forced to make a first move in terms of de-escalation . This will also embolden other countries a bit.
Art of the deal is ending up with bad deal 
I doubt any info will come from earnings calls.
Most will say „we cannot provide guidance in this turbulent environment „
90 days pause also meant 90 days pause in decision making (at business & consumer levels)
Wveeything Trump is doing is causing the opposite.
Europe and even Japan/Kore is now looking at CLOSER cooperation with China.
Everyone trying to find these 4d chess moves with Trump.
The reality is that he is either maliciously doing that, extremely dumb or both.
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Well, the info that will come is how the companies operated in the real world under the volatility of the last (at the time of earnings) 6 months, what orders were made, what expenses, volumes vs last year’s, trends.
And that’ll be reflected in the numbers, and it’ll show whether and to what extent businesses (talking about big tech) took it seriously or expected it to be temporary/immaterial.
I think these earnings will provide critical information, nothing’s over, it’s just the beginning, or the end of the beginning 
… likely driven by the mindset that the US, while being “exceptional”, had been abused and victimized by all these bad actors around the world (or at least that mindset being created for consumption by the fan base). Notice how every nation on earth that runs a trade surplus (in goods) with the US is called “cheating”, as if other, more plausible explanations didn’t exist.
All that said, US treasuries selling off caused a screeching halt, so perhaps a sense of realism starts to set in, which may result in a drive to look around for allies, as suggested in the article I linked.
Even China and the EU talk. Wouldn’t it be a nice turnaround if Mr. Orange wanted to suddenly make deals with the EU again?
https://www.reuters.com/markets/china-eu-discuss-trade-resume-ev-talks-2025-04-10/
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I tend to attribute a simple mindframe to Trump that has allowed to explain everything to my satisfaction so far:
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He is born rich and is used to having people bending to his will.
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He is used to take what he wants and pick fights with people less able to defend themselves → his “negociation” style is to bully: “do what I want or I’ll hurt and sue you”. He doesn’t have another tool in his box (he pobably has some kind of reward system in place too but there are prominent examples that people sucking up to him aren’t protected from being thrown under the bus whenever it feels convenient to him).
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He likes fame a lot and wants to be publicly praised.
I don’t think we need to see more into this than he thought he was waiving the biggest hammer of them all by leading the US of A and decided he would use it to have the whole world bend to his will. He is now descovering that, unlike the people he’s been used to deal with so far, country leaders don’t get there by groveling at the first sign of trouble.
It would but I find important to realise that, in trade, reliability is a very important asset. At this point, the US:
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have proven to be unreliable under Trump (he’s turned against their allies first so allies get punished and enemies (Russia and North Korea) get rewarded.
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are not really more reliable under another president as they have proven that all is needed is a change of presidency that can happen every 4 years to completely flip around the stance of the country.
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have gone further by threatening Canada and Greenland (NATO allies), with Trump being on record saying that maybe they should restrain the efficiency of the military equipment they sell to their allies as “they might not be their allies anymore in the future” (loose quotation).
If you are a world leader, what that spells to you is that you have to find alternatives to dealing with the US as any dependency on them can be used to bully you into whatever the next idea pursued by Trump could be.
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At least with some, like China, while he was eagerly stressing how phones had rung off the hook with other leaders pleading for negotiations.
you have to find alternatives to dealing with the US as any dependency on them can be used to bully you into whatever the next idea pursued by Trump could be.
Very true, especially when it comes to defense.
It is still worthwhile noting that the tables have started to turn as Project 2025’s “vision” has started to run into reality.
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Or is it? US Commerce Secretary says exempted electronic products to come under separate tariffs | Reuters
Elect clowns, get circus!
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Sir, a circus is so much more than a clown show!
Anyway, I think we’ve observed last week that the bond market has a good grip on the orange crown jewels US interest obligations.
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Couldn’t it be he means that there are still the 20% fentanyl-related tariffs being levied and that it’s not going down to 0%? If so, that’s already been widely reported before this interview.