Guys โ what the hell just happened in the last 60 mins? ๐
Trump just announced a series of massive tariffs: 100% on pharma, 50% on kitchen cabinets & bathroom vanities, 30% on upholstered furniture, 25% on heavy trucks, and then said heโd cut interest rates down to 2%. At the same time August PCE inflation (Fedโs fav) came in 2.7% and Core PCE 2.9% โ highest since Feb 2025.
So... big conflict here. Tariffs like that = supply shock risk, could push prices higher. PCE already running hotter. But trump says cut rates to 2% โ policy vs reality drama. Markets gonna be confused and volatile, for sure.
For crypto people: expect swings. Big macro shocks usually mean first dump, then rotate โ some money might jump into BTC as hedge, alts get choppy. Not a calm environment to FOMO in, imo.
My quick take: tighten stops, expect volatility, and donโt be over-levered. Not financial advice, just my view. What are you guys doing? Buying the dip or waiting this storm out? ๐๐ฌ
#TrumpTariffs #PCE #InflationWatch #CryptoVolatility #MarketNews