Worse than the worst case scenario

Limit down or it does not count 

So many things to say so we don’t even know where to start. It is clearly “worse than the worst-case scenario” (Dan Ives). UBS says that a permanent implementation of the reciprocal tariffs would result in inflation rising to 5%. Russell 2000 futures point to a drop of over -5% today. However, we are of course only one Truth Social post away from having to change the narrative again. Let’s have a look at the a wide variety of comments from around sell-side.