No. of Recommendations: 13
I'm not Jim, but this has the earmarks of a correction and not the beginning of a bear market.
Can it not be both? Starts with the correction, ends with the bear market for a long time.
Like Jim said, Trump has just reduced the future earnings of every single company in the world. At least those who trade with America, which may not be a lot of them from now on. It's a disaster and there is no reason to sugarcoat it at this point. If the tariffs are rolled back, it will be better, but the uncertainty will still remain. That is what Trump specializes in, and there is no reason to believe that he will give a predictable long-term guidance about his policy ever. Because that will mean giving up his perceived power. And that is what he's thirsty for.
