↗️ Markets rally after Trump vows not to fire Powell & to be “courteous” on China—tariffs set to ease.
🔹 Bessant calls tariff war “untenable.”
🔹 Stocks up, gold retreats, VIX eases.
🔹 IMF cuts US GDP forecast to 1.8%; Fed-independence doubts persist.
⚠️ A pause, not a trend.
