After April 2nd, Trump’s “Reciprocal Tariffs” sent shockwaves through global stock markets.
Approximately 112 trillion yen vanished in an instant from just the US Big Tech 7, plunging the market into a scene of utter chaos.
While the market’s tide had been turning prior to this, this figure delivered an unprecedented shock to investors.
Subsequently, stock markets around the world continued their descent.
Amidst this turmoil, I happened to be on a Zoom call with a friend when I witnessed a branch manager and a salesperson from a Japanese securities company desperately trying to explain themselves to him, their faces pale.
The financial products they had confidently recommended were ruthlessly eroding my friend’s assets.
Having navigated the rough seas of international financial markets for over 30 years, I couldn’t help but prick up my ears, curious to hear their justifications.
However, even as someone who isn’t a stockbroker, I felt a profound sense of unease at a certain word they frequently used.
It made me wonder, “Do they truly understand the financial markets?”
That word is “adjustment.”
