Europe's Improving Setup (Save For the Tariff-Threat), Volatility, Uncertainty, Today's Technical Setup, yada yada (video)

Note: I recorded the video below on Tuesday 3/4, 30 minutes before the equity market close... I mentioned that commentary from the treasury secretary suggested that the stock market was not an immediate concern with regard to tariff policy(ies), and that, while I believe there is a market-induced pain-point that may inspire a different, more market-friendly narrative, it appears that we're not near there yet.

Well, as I type, 3:05pm PT, the following news headline hit the wires, and markets are liking it after hours:

"Commerce's Lutnick Suggests Possible Compromise on Trump Tariffs"

Although this is at odds with what the President said just a little earlier on Tuesday about hitting Canada even harder after Canada announced retaliatory tariffs on $20 billion worth of US goods.

Time will tell...

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Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.