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The Tariff Gamble: Miran’s Vision Meets Market Mayhem

  • Miran blamed dollar overvaluation for hobbling manufacturing and pitched tariffs as a fix.
  • The April 2 announcement of tariffs sparked market chaos, with SPY losing 10.5% in two days and no offset from weakening foreign currencies.
  • Miran's predicted outcomes favored gradual tariffs with offset, but reality showed a sharp drop in SPY and no domestic lift.
  • Miran's revenue expectations of $5 trillion with stable markets were not met, with a 17% year-to-date drop in SPY.

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