Recession Watch(calculatedriskblog.com) |
Recession Watch(calculatedriskblog.com) |
The uncertainty around what exactly they think this policy is going to achieve (that's remotely positive for anyone, especially the US) is in many ways worse than the tariffs themselves. And all of the other issues talked about in the article like the DOGE cuts are still going to be a problem even if Trump pinky swears he's done with tariff threats (which he of course won't do).
I personally find it a lot more risky to keep my wealth in US equities or USD denominated assets. Even all the decisions are undone, the fact that these level of policy swings could happened make US investments a lot riskier than they were even a couple of months ago.
The behavior of the US executive branch shows that they don't care as before about the rule of law.