TL;DR - There was no market reaction to Trump's weekend threats.
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It's been pretty well understood for a while now that Trump will walk back whatever crazy threats he tweets on any random weekend (TACO), but it still impacts the markets when they re-open. Last week it was the threat of taking Greenland, the market dipped and he quickly walked back any idea of taking Greenland by force and announced a 'framework' for securing the country. Another threat, another market dip, another TACO moment. But something felt different this time. It was almost like it was the last straw.
This past weekend, he threatened 100% tariffs on Canada, but by today there was no market reaction to the news. Was it because the threat resolved itself before today, or is it because the market finally knows what we all do: the threats are hollow and short-lived?
I guess we'll find out after next weekend's threat.