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Dead cat bounce [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2025-04-10
Just a quick observation.
The markets are again dropping today as people realize Dear Leader only removed tariffs from nations we have little to no trade with and kept 10-105% tariffs on ones we do trade with.
So yesterday’s euphoria was just the dead cat bounce, IMHO.
Of course with massive tariffs on all materials and components used in manufacturing in the US we should expect both higher prices for everything and inflationary pressures.
This cat I am afraid is going to haunt us for years.
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