The financial markets last week fluctuated wildly due to turmoil surrounding tariff announcements.
Although reciprocal tariffs against countries other than China were given a 90-day pause, the markets have not yet stabilized.
Developments in the coming weeks may hold even greater significance than last week’s events.
As a slight digression, but I’d first like to caution about something.
Regarding the rise in U.S. long-term interest rates during Asian trading hours on the 9th, there are commentators who speak as if they alone possess the facts about who sold U.S. Treasury bonds.
I recommend that you no longer trust the statements of such commentators.
