Two years of relentless upside just met its first real threat: 25% tariffs on Mexico & Canada, 10% on China, and global backlash that isn’t fading anytime soon. Friday’s pause wasn’t hesitation—it was the market bracing for impact.
I hope I'm wrong but this does seem like the perfect setup for a multi-week (or longer) correction. Most stocks won’t be spared, just some will bleed slower.
While short-term turbulence looks inevitable, the long-term picture remains strong. The U.S. is tackling its debt aggressively, and once the dust settles, we’ll likely see the economy emerge stronger—setting the stage for another leg higher.
#S&P500 #MarketShift #BearishShortTerm #BullishLongTerm
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