OVAL OFFICE BUFFOONERY

[CCarl]

The Reign of An Economically Ignorant Man

In Ten Weeks Trump's Tariff Terror has lead to total non-confidence on the part of investors.

Goldman and Yardeni (and many more investment advisors) give up, at least for the short-term.

Goldman Sachs says: "We now expect an S&P 500 3-month return of -5%......Our 2025 and 2026 EPS forecasts are substantially below consensus."

Yardeni Research says: "(We are) upping the odds of a stagflation scenario, which may include a recession, from 35% to 45%. That 45% is also the probability we see that the stock market's correction will deepen into a bear market in coming months."

Non-confidence is the new consensus. Trump's only interest is the Art of the Deal, where world powers kneel to him. And we are going to pay the price, according to the investment world.