Trump 90-Day Tariff Pause

This episode explores the market reaction to President Trump's 90-day pause on tariff escalation and its implications for the S&P 500 and Bitcoin. Against the backdrop of a 20% market drop, the announcement triggered a significant rally, prompting analysis of potential market bottoms and the role of political intervention. More significantly, the speaker delves into historical market data, comparing the current situation to similar events in 1998, highlighting the possibility of further market fluctuations and the potential for a "Trump put" influencing market behavior. For instance, the analysis involves examining the S&P 500 divided by the money supply and the S&P 500 divided by the unemployment rate squared to identify potential support and resistance levels. The speaker cautions against predicting market bottoms, emphasizing the importance of dollar-cost averaging (DCA) as a strategy. Ultimately, the episode underscores the uncertainty surrounding future market movements, particularly concerning the impact of potential future tariff decisions and the role of the Federal Reserve.