Post #15685

“Sell America” Risk Creates Headwinds for Stocks S&P futures are down roughly 1.1%, pressing into a key technical zone at the 50-day moving average. A clean break lower, especially if tariff tensions escalate further, risks reopening the door to “Sell America” flows across equities. What’s rattling markets isn’t just tariffs themselves, but how they’re being used. Tying tariffs to national sovereignty — and potentially illegal ones pending a Supreme Court ruling — raises the stakes materially. It puts existing trade agreements into question, with the EU already pausing ratification and uncertainty creeping into U.S.-UK talks as well. So far, the reaction has been controlled risk-off rather than panic. But with equities sitting on major support, markets are increasingly sensitive to any headline that reinforces political risk, trade uncertainty, or a broader loss of confidence in U.S. assets. - Alan