Good morning copiers and followers!
That was quite some market action last night!
$SPX500 sold off with -2.7%, $NSDQ100 lost -3.5%, and even this portfolio pulled back -2.8%.
❗️The most important thing right now: Zoom out.
Although the move yesterday was abrupt, in the big picture things are not as bad as they feel.
Take the portfolio, for example: It is now on the same level as on 29 September - just 2 weeks ago.
Similar story for the S&P500, which is now back at levels from 11 September - also just 4 weeks ago.
All in all, this looks more like an overdue pullback after markets have rallied without pause since the April Liberation Day shock.
🇺🇸🇨🇳 I'll give you the macroeconomic background nonetheless:
Markets sold off yesterday because Donald Trump announced new 100% tariffs on imports from China.
That's after China had put export restrictions on rare earths and critical minerals on Thursday.
Trump and China's Xi Jinping were supposed to meet later this month to solve their trade dispute, but clearly this seems unlikely now. Thus the strong market reaction.
👉 My take: Both sides are building leverage, which is not uncommon for such negotiations.
The new tariffs are set to take effect on 1 November, not immediately. This indicates that they are a negotiation tool, and we have seen that playbook in the past: build leverage, and set deadlines so everyone feels urgency and actually gets stuff done.
Plenty of time for both sides to negotiate and for markets to calm down.
Portfolio positioning remains unchanged.
Enjoy your weekend!
Ingvar... Show More
tarrifs are the excuse that Trump gave to most companies to sell stocks in order to cover some of their debts.
Most companies are indebted up to the neck with no cash operating no money to pay dividends. this is the real reason . Trump is not a ting as president but as a stock broker . . . .this is not... Show More
Bardzo dobrze napisał jeden z PI wczoraj późnym wieczorem.
Takie „krachy” to ledwie wyboje na drodze 10-15-letniego planu.
Miłego weekendu!
Pozdrawiam
@menago76... Show More Translate
Tutti parlano delle tensioni tra Trump e la Cina, ma c'è una storia più grande che pochi stanno raccontando.In questo periodo l'America deve rifinanziare una quantità enorme di debiti in scadenza. Parliamo di 9,2 trilioni di dollari entro fine anno, che rappresenta circa un terzo di tutto il... Show More Translate
La decisione di Trump di imporre dazi del 100% sulle importazioni dalla Cina potrebbe avere un impatto significativo sui mercati finanziari.
Sarà un pullback, una correzione o l'inizio di una recessione ???
In sintesi, la mossa di Trump potrebbe generare ulteriore volatilità sui mercati.
Gli investitori... Show More Translate
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Sat Dec 06 2025 23:56:51 GMT+0000 (Coordinated Universal Time)
