[brookst]

To the extent markets recover it will be because there’s confidence that exposure to bizarre and unpredictable behavior from the US has been reduced.

EU / China trade pacts, China / California, Mexico / EU. People have to patch around the mistaken over-reliance on sanity from the US. It’ll happen, not sure if it’ll take a few weeks or a few years though.

[ttyprintk]

Oh, high quality will recover. Biotech will recover. It’s possible Walmart stock doesn’t recover. Auto makers will be interesting.