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Could We Crash?
Good morning…
The markets have that crash type of feeling to me. I have seen a few.
In my Monday newsletter, I called it a ‘Kerplunk’ market.
Yesterday, Trump pulled out all the sticks and the marbles all fell at his feet and called the game he is playing ‘Liberty Day’.
Here is the German chancellor’s reaction to Trump’s game of Tariff ‘Kerplunk’ (Liberty Day):
German Vice Chancellor Robert Habeck: “Last night’s decision is comparable to the war of aggression against Ukraine… The magnitude and determination of the response must be commensurate.”
— annmarie hordern (@annmarie)
11:14 AM • Apr 3, 2025
I may sell a few more stocks ( $SPY ( ▲ 0.04% ) ) because Liberty Day may just be the warning before a Tsunami of selling.
I hope I am wrong.
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