President Trump is completely SILENT:
It has now been over 36 hours since the last tariff headline from President Trump.
No mention of any potential tariff deals, phone calls, or delays in tariffs.
“Reciprocal tariffs” will officially go live at 12:01 AM ET.
President Trump…
— The Kobeissi Letter (@KobeissiLetter) April 6, 2025
Talk of Black Monday.
More like 2008, in my opinion, as we have circuit breakers in place.
A 1987 equivalent would be a 13% sell-off with circuit breakers triggering every 15 minutes.😂😅
Of concern is that the tide went out on yields and commodities decreased rapidly… pic.twitter.com/NuBhPfIlZY
— The Great Martis (@great_martis) April 5, 2025
Any kind of bounce is likely short-lived.
Credit spreads have a lot further to blow out.
— Michael A. Gayed, CFA (@leadlagreport) April 6, 2025