The inventory market being up might be certainly one of my favourite elements about this month’s report. Why? Due to the irony.
You see, it is superb that our retirement accounts aren’t screaming in as a lot ache as they have been a number of months in the past when Trump first introduced tariffs, and Wikipedia subsequently created a 2025 Inventory Market Crash web page. Which can make you think about: Hmmmmm, if pauses on tariffs are supposed to finish quickly on Aug. 1, then why is not the inventory market reacting in the identical means?
One reply from economists? Due to Trump’s new nickname: TACO (aka, Trump At all times Chickens Out). That means, Trump’s commerce offers and tariff pauses have been an on-again-off-again affair that the market might have a tough time taking critically now that it is meant to be on-again. The perspective appears to be, Why fear till we now have to?
That is good for residents, at the very least, who noticed a second month of beneficial properties.