Stock market crash

[Bobby]

https://edition.cnn.com/politics/live-n ... index.html

Tariff pause: President Donald Trump announced a 90-day pause

on all the “reciprocal” tariffs, with the exception of China,



DOW up   7.87%    wow

[Bobby]

The tariffs are only paused for 90 days -

will we see a repeat of the stock market circus in 90 days time?

[tllwd]

The method to the tariffs madness. Miran: The Economic Mind Behind Trump.

A User’s Guide to Restructuring the Global Trading System

Contents
Executive Summary ..................................................................................................................... 1
Chapter 1: Introduction ............................................................................................................... 3
Chapter 2: Theoretical Underpinnings................................................................................... 5
The Roots of Economic Discontent Lie in the Dollar ............................................................................................... 5
The Triffin World.............................................................................................................................................................5
Economic Consequences..............................................................................................................................................8
The Core Tradeoff ..........................................................................................................................................................11
Reshaping the Global System .................................................................................................................................... 11
Chapter 3: Tariffs ........................................................................................................................... 13
Tariffs and Currency Offset ....................................................................................................................................... 13
Inflation .............................................................................................................................................................................14
Incidence, Revenue, and Trade Flows .......................................................................................................................16
Currency Offset and Financial Markets ....................................................................................................................18
How Likely is Currency Offset to Occur? ..................................................................................................................20
Tariff Implementation ................................................................................................................................................. 21
Graduated Implementation .........................................................................................................................................21
Graduated Scales, Leverage and Security ...............................................................................................................22
Tariffs and Competitiveness ...................................................................................................................................... 24
Fiscal Devaluations ........................................................................................................................................................24
Distortions and Optimal Tariff Rates .........................................................................................................................24
Chapter 4: Currencies .................................................................................................................. 27
Currency Policy and Risks .......................................................................................................................................... 27
Multilateral Currency Approaches ............................................................................................................................ 28
Feasibility .........................................................................................................................................................................29
Unilateral Currency Approaches ............................................................................................................................... 30
IEEPA .................................................................................................................................................................................30
Reserve Accumulation ..................................................................................................................................................32
Chapter 5: Market and Volatility Considerations ................................................................ 35
Tariffs Then Dollars or Investments .......................................................................................................................... 35
Multilateral Currency Approaches ............................................................................................................................ 36
Unilateral Currency Approaches ............................................................................................................................... 36
In All Cases ................................................................................................................................................................... 37
Chapter 6: Conclusion.................................................................................................................. 38

[Bobby]

Stock market went down again over night - very volatile.

https://edition.cnn.com/business


Wall street closes for Thursday 10th April 2025:

DOW  -2.50%

S&P 500 -3.46%

NASDAQ   -4.31%




ASX futures  - 3.51%

https://au.investing.com/indices/australia-200-futures

[tllwd]

Commodities.








More info

[Bobby]

Wall street closed up for the week:

https://edition.cnn.com/business


DOW 40,212.71 +1.56%


S&P 500 5,363.36 + 1.81%


NASDAQ 16,724.46 +2.06%