you know, I've been in a unique position in my discussions of the tariffs with with clients and and you know, uh, in public as well, just saying I don't think it's nearly as big a deal as everybody's made it out to be. I thought it was a very tactical set of moves that the president made, sort of game theory, classic art of the deal, go in, go big, and then kind of d drive it all back a little bit and get to where you ultimately wanted to be. And I think that's largely been the case.We've had a tactical mov ...

Market Volatility and Tariffs - President Trump's tariff announcements have caused significant market volatility, but some investors see this as an opportunity rather than a deterrent to long-term investment strategies [1][2] - The tariffs, particularly those imposed on China, have raised concerns about potential recession, depending on their duration and impact [2][3] Impact on Businesses - The 90-day pause on tariffs may not provide sufficient time for businesses to adjust to new cost structures, leading to potential challenges for small and medium-sized enterprises [7][8] - Small and medium-sized businesses contribute approximately 44% to America's GDP, and their struggles could significantly impact the overall economy [9][10] Tesla's Position - Tesla is viewed as being in a favorable position due to its 100% US production footprint, making its vehicles relatively cheaper compared to competitors amid tariff changes [11][12] - Despite a nearly 50% drop in Tesla's share price from record highs, the company is expected to benefit in the long term as the market for electric vehicles grows [13][14] - Investor sentiment around Tesla remains optimistic, with expectations that negative market perceptions will eventually dissipate [14][15]