In a nice, slappy way, Trump delivered the tariff bomb today. FFR , which priced another 25bp cut in September at around 50% probability following yesterday's FOMC, shot up to an 84% probability following Trump's announcement. It is clear what the long plan is here: lower rates, weaken the dollar, increase outstanding debt. AKA further the dependence on an exponentially increasing supply of dollars and place spikes on the landing pad of a recession. We are headed toward a global negative interest rate environment - worked for Japan didn't it?!
This is setup is bigly huge for assets holding the qualities of money to be revalued.
In fact, it is inevitable. Timeline? My money - I mean currency - is on a few years, but ultimately it comes down to when the powers that be want to kick the fiat currency system into a hyperinflationary grave. You be the judge.
LONG TERM HYPERBULLISH.