Global Markets Have Grown Numb to Tariffs — And Far Too Optimistic

By Dorian

July 13, 2025, 15:44

Wall Street bulls have fully lost themselves in euphoria, ignoring the full impact of the upcoming tariff shock. Most investors are simplyuu betting on the old “TACO” thesis — Trump Always Chickens Out.

But quietly, global institutions have started trimming long positions. Risk is one trigger away from erupting.

Here’s why I s…