S&P 500 continued sliding following tariffs sinking in Thursday – I had been clear about both expecting Trump not to disappoint on the tariff front, and about retaliatory responses from abroad come. Today, we got 34% China response together with rare earth export restrictions, and also my expected beat in non-farm payrolls, which is what was the subject of today‘s intraday update for clients. No, tariffs don‘t mean automatically recession, I had been clear.
Here are the most relevant tweets and charts for today – you must start by reviewing today‘s packed 5 min video (boost the prepective by reviewing yesterday‘s one too).
Keep enjoying the lively Twitter feed with my tab open at all times (notifications on aren't enough) – combine with subscribing to extras on my daily Youtube channel (turn notifications on) and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there) – but getting the key daily analytics right into your mailbox is the bedrock.
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Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 2 more of them, with commentaries.
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