US EditionMay CPI: May Inflation Data Proves Trump Tariff Critics Wrong About Market Strategy
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May CPI: May Inflation Data Proves Trump Tariff Critics Wrong About Market Strategy
President Trump’s “Shock-and-Soothe” market doctrine is doing exactly what the playbook promised… Rattle the tape just enough to remind traders who’s in charge, then nurse risk assets back toward record territory. The S&P 500 closed yesterday at 6,045, barely 1.6% shy of its February peak at 6,144. The Dow and Nasdaq sit within similar whiskers of their own all-time highs. These are textbook confirmation that the so-called tariff tantrums were t…
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