You’re fine. This moment in the markets is a product of politics. You’re not saying anything that bond traders and analysts on Bloomberg aren’t.
So, trolling, basically? You’re trying to have this both ways, as discussed on another thread. Correct me if I’m wrong, but you seem to essentially have taken these two positions concurrently:
1) The current tariff regime is mainly just a continuation of the previous one, and that the reaction is a function of political bias/crisis actors/bothsides™️
AND
2) The current tariff regime is a disruptive negotiating position, but will be resolved by late summer, one way or another.
First, I think these two things are in conflict. But since the first position is both patently absurd and strictly political, we’ll agree to keep that one in the CR.
W/R/T the second position, you *seem* to have said you are basically long and intend to ride it out, and in the meantime you are trading vol swings for cash flow since there’s money to be made if you can stay on the right side of the boom.
Do I have that right?