Global stock markets have plunged, wiping out nearly $10 trillion in market value. As the fallout from Trump’s tariff bombshell spreads, investors are left to wonder: How much worse could the selloff get?

And in today’s Dumb Question of the Week: What is the Fed Put, and is it dead?

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Copyright 2023 Many Happy Returns

The Orange Swan: Surviving the $10 Trillion Selloff

Many Happy Returns