Tariff
It was an Honor to speak with Prime Minister Modi, of India, this morning.
+6.1%GLD/1d
+$908B market cap“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulatio”Truth Social→
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 | -4.86% | -0.56% | -- | -- | -1.52% | -0.07% |
| DXY | -- | +0.13% | -- | -- | -0.11% | -0.19% |
| GLD | -- | -0.29% | -- | -- | -0.64% | +0.54% |
| SPY | -- | +1.17% | -- | -- | +1.21% | +2.88% |
| TLT | -- | -0.58% | -- | -- | -0.53% | -0.84% |
The largest measured post-statement move was in SPY, which rose 2.88% 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.