Tariff
It was an Honor to speak with Prime Minister Modi, of India, this morning.
+6.1%GLD/1d
+$908B market capTariffMedium confidence
Remember, Japan is, for the first time ever, OPENING ITS MAKET TO THE USA, even to cars, SUV’s,...
“Remember, Japan is, for the first time ever, OPENING ITS MAKET TO THE USA, even to cars, SUV’s, Trucks, -and everything else, even agriculture and RICE, which was always a complete NO, NO. The Open”Truth Social→
Market Reaction
+1 hour after statement
Before & After
Price changes before (leading up to) and after the statement
| BEFORE ◀ | ▶ AFTER | |||||
|---|---|---|---|---|---|---|
| Asset | -1 day | -1 hour | -5 min | +5 min | +1 hour | +1 day |
| BTC | -0.65% | -0.42% | -- | -- | +0.45% | +0.69% |
| DXY | -0.23% | +0.01% | -- | -- | -0.06% | -0.23% |
| GLD | -0.29% | -- | -- | -- | +0.00% | -1.16% |
| SPY | +0.58% | -- | -- | -- | +0.01% | +0.65% |
| TLT | -0.60% | -- | -- | -- | +0.12% | -0.19% |
Market Impact Summary
The largest measured post-statement move was in GLD, which fell 1.16% over the 1d window. The comparison uses prices immediately around the timestamp above; it shows correlation, not proof that the statement alone caused the move.
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