Poll: What will happen?
a) Tariffs stay in place for real. Stocks collapse 50%+, USD falls off a cliff, Bubble pop, Global Depression
b) Tariffs stay in place, but it's not as bad as the market thinks. Society shrugs off stocks, and in 4 years there's factories in the US
c) Trump & Xi reach a trade deal. Tariffs go off
d) White House calls it off. Can't take the pain
Near-term, somewhere between C) and D). B) will never happen. A) will eventually happen, with or without tariffs.
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A might be sooner than you think
No joke. I'm braced for impact. Been watching this trainwreck for about 20 years and it certainly feels close.