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MPC Morning Call 8th July – Trumps fresh Tariff blitz and Tesla lead market lower
In this morning call, the discussion revolves around the recent market downturn influenced by President Trump's tariff announcements and Elon Musk's political involvement. The conversation highlights the impact of these factors on major indices, Tesla's stock performance, and the uncertainty surrounding trade deals. Additionally, the potential implications of interest rate changes and the ongoing trade war are explored, along with strategies for investing in gold, silver, and cryptocurrencies as a hedge against a weakening US dollar.
Takeaways
Market was sharply lower due to Trump's tariff…
The skinny
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