I know it sounds insane, the policy was announced THURSDAY, where Chinese exports of electronic goods would not, after all, face a 145% tariff...It's Monday, and Trump & Friends are already walking this announcement back.
It seems that the SEC should investigate Trump, because on Friday morning, several GOP members of Congress acquired a lot of tech shares. Now I don't want to sound the alarm, but writing "fake news" on Thursday and then two business days later changing your mind sounds like a pump and dump. I mean you buy the S&P index Thursday night, and you sell your position Friday night, and buy short position...
Whatever is happening, on the tariff front, take it with a massive grain of salt, because it can all change in 24 hours.
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