While everyone's distracted by earnings and rate cut rumors, something huge is happening under the surface:
India and the EU just locked in a landmark Free Trade Agreement, opening the door to deeper integration, cheaper trade flows, and long-term economic alignment.
At the exact same time Trump is openly threatening to jack up tariffs on South Korean goods - reviving the same protectionist playbook that rattled markets years ago.
So let me get this straight:
• One part of the world is tearing down trade barriers
• Another is actively rebuilding them
• And markets are pretending this won't matter?