It seems #TrumpTariffs strategy is working. Today, the PMI is at 49. Following an upward trend in January, it was almost 60. Since then, it has likely been on a downward trend for the tariff wars, accentuating an economic slowdown. This is a very strong signal for the Fed. Powell, if he doesn't want to be remembered as the stubborn one, must ease interest rates. Will we continue with uncertainty, or will we see a clear and strong signal from the Fed?
