Maybe a Sense of the Ultimate Damage to Markets – April 4, 2025
April 4, 2025 Good morning, Unfortunately, it is all too clear this morning that April 2 was, to quote Winston Churchill, “the end of the beginning rather than the beginning of the end.” Early this morning, China announced extra 34% tariffs on U.S. goods. As of 7:30 am, Futures have declined ~4% in the 90 minutes since China’s […]