Tariffs Will Be Reduced Today
Tariffs, risk sentiment, and the trade setups you need to watch today...
It’s official.
There’s now a 25% tariff on both sides of the US border.
But hold on a second!
Commerce Secretary Lutnick is already playing diplomat, praising Canada’s response and hinting at a compromise.
In other words…
There could be a big pivot in sentiment today!
What should you care?
It’s all about risk sentiment.
Tariffs = risk off
Risk off = JPY, CHF, and USD strength
So what if suddenly we get NO tariffs anymore?
Risk on.
And risk on = USD, CHF, and JPY weakness
Oh, and of course!
Risk off also = Equities weakness
So risk on also = Equities strength
But I guess you know that already 😉
With that said…
I’ll keep it very short!
Be flexible…
Monday and Tuesday were risk off and “yes tariffs”.
Today is risk on and “no tariffs”.
Tomorrow it can be different!
With that also said…
The way for us to know whether you enjoy this type of content is to hit those cool buttons below, so don’t hesitate 😉 let us know.
https://mdavis19881.substack.com/p/donald-trump-tariff-king