If Mexican and Canadian tariffs are activated on Sunday, will we see a big crash on Monday?
The line might go up, or the line might do down. Only one thing is certain: it will go right
A drop of 13bp at open, followed by a steady decline for the rest of the day until the sex offender gets calls from 0.1% about how his decisions are going to effect them.
Nah probably not a crash, one “benefit” of the tarrifs hitting everything is avoiding individual winners and losers in the market, everyone loses instead.
What will likely cause a crash is when demand is tapped out - costs pushing products above what people can reasonably afford. It won’t be immediate but instead surface as finance reports show dwindling revenue. That’s when firms will scramble to find better investment vehicles.