Optimism Burns Off On Reentry To Economic Doubt
Source: SeekingAlpha
2025-04-10 22:35:00 ET
Summary
- Turns out, the monster bounce owed more to oversold conditions and short-covering than to any lasting tariff détente.
- The 90-day pause offers a reprieve, but hardly a resolution. Trump’s trade war still poses growth and inflation risks - and stagflation lacks a fan club.
- The newest China tariff rate is 145%, and the administration is now busy delisting Chinese stocks from US exchanges.
- Headline CPI fell 0.1% in March, cooler than consensus, thanks to oil prices falling on recession fears stirred by the trade war.
Yesterday’s orbit decayed as investors reassessed.
Turns out, the monster bounce owed more to oversold conditions and short-covering than to any lasting tariff détente. “Lasting” has been struck from the dictionary. The 90-day pause offers a reprieve, but hardly a resolution. Trump’s trade war still poses growth and inflation risks - and stagflation lacks a fan club....
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Optimism Burns Off On Reentry To Economic Doubt
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