-
@ halalmoney
2025-02-10 16:17:23"Perhaps the one thing Trump loves more than tariffs is stocks, so investors seem to assume that his administration, even more than its predecessors, will not let stock prices fall. The BTFD party thus rests on the same foundation as the US economy: state support…. …Investors have come to see risks as asymmetric, with a state cap on losses and no limit on gains." Ruchir Sharma, Financial Times