Bessent the Benevolent

One week ago (feels like a lifetime) Trump pulled out his absurd deficit-based tariff chart in the Rose Garden. Since then we have experienced one of the most volatile periods in market history as the entire world started pricing in a global recession. While we aren’t completely in the clear, yesterday one man helped us take a massive step back off the edge. Some thoughts on what just happened and where the market might go from here. Let’s dive in…