Man, Moorea makes meandering morning musings more manageable.
As surely you have heard, our fearless leader has back-pedaled for the umpteenth time on what I had been told was his favorite word, tariffs. Whereas we had a delightful, Bear Force One-initiated plunge early on Friday, that entire drop has been undone, and then some, with Trump giving the EU yet even more time – – all the way through the July 9th “ninety day pause” terminus.
It’s kind of challenging trying to trade when a single tweet can upend everything.





