Kenny Pocari
Appearances
Morning Wire
Trump Trade War & Defunding the Ivy League | 4.8.25
What it tells you is that the market is aching and looking for anything positive kind of in this mess. Because as you and I both know, the market hates uncertainty. It just hates it. It can take bad news as long as there's some certainty to it. The market can then adjust.
Morning Wire
Trump Trade War & Defunding the Ivy League | 4.8.25
But when the market remains so uncertain, then the anxiety level rises, volatility rises, and it's that shoot first, ask questions later, and it's lower prices.
Morning Wire
Trump Trade War & Defunding the Ivy League | 4.8.25
You can never really pick the bottom and you kind of want to make sure you're not still jumping into, you know, catching a falling knife. My sense is that we're getting probably closer to a bottom than not, which doesn't mean that we're not going to keep churning and maybe trading a little bit lower.
Morning Wire
Trump Trade War & Defunding the Ivy League | 4.8.25
But I don't think we're going to see three or four more down days of five and six percent down days like that.