idk how businesses operate and plan in the current tariff related political environment. seems totally cooked. can never know what trump is going to say next.

thats one thing i don’t understand, you put tariffs to bring back production but nobody is going to build a factory when your whole business depends on tariffs that change every week

A sentiment shock driven downturn is in many ways far more challenging to navigate because its not really one driven by traditional macro indicators (other than maybe some reflective in asset prices).

But scan across these sentiment measures suggests that's likely ahead.

CEO confidence has fallen to its weakest since the GFC. https://t.co/exGwQ6nUGt

Bob Elliott

https://x.com/BobEUnlimited/status/1911730947353182481