The formula used to set the "terror tariffs" has been found to be simple, and arbitrary, but it got attention.
Now the negotiation, up or down from there, with China at war, economically. That is a show to other economies lesser in size and reach than China.
90 days is a long time for other smaller economies, including individual nations in the EU who want to play separately and allowed by EU partners to, to come forward to the Trump team and do horse trading. They will, or they won't.
In 90 days those whose love does not fade away will cement something, others will see, and it is not as if anything is frozen long term in 90 days. But a time frame for movement is set.
Anybody who bets on markets while adjustments are being made either has insider information or really likes to gamble. One wonders, of the team Trump has, who in the group traded on the initial announcement, buy low, and the 90 day window announcement, sell on the rebound. One expects somebody is watching for trades corrupted by insider trading, and markets can be each against the other and God against them all. God is watching, or some lesser but functional equivalent.
So if you've not got a great portfolio already, or not one at all but paycheck to paycheck, relax. It is wholly outside of your consequence what is the game being played.
We all, including the worldwide economy, are watchers, and all this shit could tank the worldwide trade and planning markets into uncertainty which could meld into a greater depression than we saw in the thirties. On that positive note, Crabgrass shuts down its guessing, and like everybody else, watches.
One thought, Bessent historically worked with Soros. So -- If anybody now is better fixed to be guessing, based on that history, it would be Soros. To the extent Soros betting is transparent it might be something of a barometer of where things might go. However, it might not. Betting on how Soros is being bet is second level guesswork, so why not find a Voodoo savant to read "signs?"
In a hundred days from now things might be less unsettled.
__________UPDATE__________
Not God. A Democrat. https://www.msn.com/en-us/money/markets/schiff-wants-tariff-pause-investigation-over-insider-trading/ar-AA1CCHsq
Of all things? Not Elizabeth Warren. Not Katie Porter. Schiff running the ball.
From that item, a Schiff video, and this:
Sen.
Tina Smith of Minnesota, when asked by TIME if Trump should be
investigated for potential market manipulation, said: “It’s a great
question. He certainly had a lot to gain. I hadn’t thought of that.”
Earlier
on Wednesday, Rep. Steven Horsford, a Nevada Democrat, was one of the
first to question whether the tariff pause was tied to market
manipulation, as the news came out in the middle of a heated hearing
with Trump’s trade representative, Jamieson Greer, who had vigorously
defended the tariffs. Horsford shouted, “This is amateur hour. You just
got the rug pulled out from under you.” He demanded to know whether the
administration had deliberately moved the markets. “This is not a game.
This is real life,” Horsford said.
Well, opinions can vary, game or not. Games in real life can have payoffs. And Tina takes herself out of the questioning. Leaving it to those not ending their term in office, such as Schiff, who, after all, is ambitious. (You don't believe that, ask Katie Porter.)
Would you put it past Trump or more likely perhaps, Vance the Thiel ally, to take insider profits?
I would not. Again, judgments and opinions can differ. Musk? Already confiictded. DOD and NASA launch money, +++.
What a bunch, that, at a guess, over 50% would think the bunch or a big part of them would gladly take insider profits. My guess. It could be wrong. Sunshine on the question is truly needed. It will distract from or crimp the team's negotiations, but each such negotiation presents its own investment motive for insiders, and what is Bessant's background but trading?
_________FURTHER UPDATE________
Is this sensible facing a 90 day window of uncertainty? Somebody's showing irrational exuberance. Buy high, sell [guess]. A lot of somebodies. A blinking trend.