❗️Correction
➡️Trump woke up on the wrong side of the bed yesterday and wrote that tariffs of 50% against the EU should be introduced starting June 1 (while the tariff for China is at 30%) - note that the markets turned red, and gold is on the rise.
✅Opinion: It is important to remember that Trump is primarily a player. Every day, he and his entourage grow richer from such movements. It is essential to understand: whether tariffs will be raised or not - it does not matter; tariffs lead to an inevitable slowdown and reset of the economy (do not forget Trump's motives). It is obvious that it will be much easier to negotiate with a manageable EU than with China (and they have reached an agreement), the PMI business activity report came out good the day before yesterday (there is still a little time left for growth)...
⏺My advice - to refuse futures for the next 90 days of swings!
