- Would make support for immediately slashing interest rates as a litmus test in the choice of a new Fed chair (well, duh)
- Ukrain hasn't had an election in a long time
- No question Russia has a stronger position
- On Ukraine: Europe is not handling it well
- Trump declined to rule out troops in Venezuela
- Could extend anti-drug military operations to Mexico and Colombia
- Full interview here
Lowering tariffs further would certainly be bullish for the global economy but at this point it could also stoke inflation given that central banks responded to the negative shock from tariffs with lower interest rates.
Therefore, it might be bullish in the short-term but if things get hot, central banks will be forced to tighten again, and that would be negative for risk assets.
