Wall Street’s Wild Ride: Inflation, Bitcoin, and a Dash of Desperation 🎢💸
But let us not forget, dear reader, that this downturn comes on the heels of a blockbuster few months. Stocks soared to record highs as if carried aloft by a flock of overly ambitious geese. Even President Donald Trump’s tariffs, which initially sent markets into a tizzy, could not dampen the spirits of risk assets for long. Alas, the euphoria following the Federal Reserve’s Jackson Hole symposium was short-lived, much like the lifespan of a snowflake in July.