MI2 TD Chart Point: Reality Bites
As we have discussed, the US market and economy have been locked in a reflexive cycle, which, while seemingly self-perpetuating, was inherently vulnerable. The only question was what, if anything, could upend these dynamics. One possible catalyst was the Trump Administration’s policies in terms of tariffs and immigration, which were fundamentally not business friendly. Fast forward to this weekend’s headlines, and investors may be waking up to this hard reality.
February 2, 2025