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But the market is hardly reacting any more
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@Shrimpman The market doesn't care until it does.
It's like valuations, they don't matter either and then at some point they do. 😅
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@Shrimpman true, the market doesn’t care about the announcements anymore, but, as we saw last week, it begins to care when the tariffs eventually appear in the statistics. The bad job report was probably just the beginning of a series of disappointing quarters ahead.
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@MozartTrading Yeah, I am also sure the economic data will be revised down like in 2008 and that could definitely lead to a big drop, so I keep over 20% in cash
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