Donald blinked in a big way today on his wonderful tariffs, announcing on his Truth Social that he was placing a 90 day moratorium for the most part, except for a general 10% tariff, and a whopping 125% tariff on China.

This ignited a firestorm of the buying of risk on the tape. Toss out those hedges and full speed ahead.

Who says money can't buy friends in high places.   

The White House, through its spokesmodel Press Secretary Karoline Leavitt blamed the media for this change, saying that they just do not understand The Art of the Deal.

Gold and silver rocketed higher.

The VIX plummeted.

Bitcoin rallied back.

And the band played on.

Have a pleasant evening. 

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