Nasdaq is down 3000 since February even after today and we still haven’t seen what the payoff is going to be as far as trade concessions.
Trump folded because the bond market was collapsing, in part due to large scale selling by the countries we were tariffing (Japan most prominently), so we found the limits of that particular strategy.
However, convincing everyone that you’re crazy at the outset isn’t the worst negotiating strategy
