03-31-2025, 01:19 PM
Wednesday is Liberation Day. Nobody knows exactly what Trump will announce, and how it will affect the markets. My best guess is that Wednesday or Thursday, depending upon the timing of the announcement, will witness a level 1 circuit breaker event (7% drop, markets close for 15 minutes). However, I have not gone so far as to short the market. I'm currently 100% invested in gold and will probably remain that way for the remainder of the year and possibly until the 2026 midterms.