Trump single handedly started a worldwide recession

4 Nis

- of course, economic recessions and a stock market correction/crash are two very different things but in this case it does seem like both are probably connected seeing tariff implementations against basically the entire world are hardly productive in an economic sense
- with March´s close, the 3M candle closed as a BEARISH engulfing
- SPX to fall at least to the 600 level but even a scenario such as a year to two year long bear market should not be excluded

In addition, there is a REAL RISK of China expediting its process of unification with Taiwan and could use the overall macro uncertainty as a veil under which it may attack the island sooner rather than in 2027 or 2028.

4 Nis

Not

Correction: first target is the 4500 level not 600, obviously.

In addition, from a Chinese perspective, attacking Taiwan now actually makes a lot of sense seeing how Western allies are divided because of the tariffs implementation + US´s appetite for Greenland.