19 upvotes, 4 direct replies (showing 4)
View submission: Daily Crypto Discussion - February 2, 2025 (GMT+0)
For those who think this is just a little speed bump:
These tariffs are a massive new uncertainty introduced into global financial markets. Nobody knows what the net impact will be, how long they'll last, and who might be slapped with tariffs next.
And markets don't like that kind of uncertainty.
I expect across the board de-risking as compensation, starting with the riskiest assets.
Some will sell crypto and move down the risk curve to stocks. Some will sell stocks and move down the risk curve to bonds. Some will sell bonds and move down the risk curve to T-bills and cash.
Comment by Cptn_BenjaminWillard at 02/02/2025 at 20:23 UTC
3 upvotes, 0 direct replies
Even JPM is spooked. I don't think this is a planned shakedown, this is the entire global financial community suddenly realizing that the "greatest" world power is controlled by a completely insane fleshblob.
Comment by kingofthekookz at 02/02/2025 at 19:17 UTC
3 upvotes, 0 direct replies
Well said. This is a pretty solid, objective take.
Comment by ftball21 at 02/02/2025 at 19:16 UTC
-1 upvotes, 1 direct replies
Trump campaigned on tariffs. It’s been known for a year this was happening. Silly short minded gamblers are de risking. Smart money took this into account on November 5, 2024.
Comment by mrg2483 at 02/02/2025 at 19:15 UTC
3 upvotes, 0 direct replies
and some will be liquidated and move down to the nearest bridge.