John Tucker

Matt Maley, the chief market strategist at Miller-Tabak, says of the latest market gain, the president merely offset a short-term problem that he himself created.

In New York, I'm John Tucker, Bloomberg Radio.

And Nate, the S&P 500 erased its 2026 gains, bond prices, and the dollar fell after President Trump threatened tariffs on multiple European countries who've opposed his pressure to take over Greenland.

JPMorgan Asset Management's Bob Michaels sees it this way.

it seems crazy except that things have a way of happening which people didn't think would happen so you have to back away and de-risk a bet michael says the sell-off in markets is a message to president trump's administration to take action to restore calm as officials did after liberation day tariffs rattled investors last year

This morning, risky assets may have found a floor, treasury yields backing down, and Japan's longer maturity bonds rebounded after yields there hit a record high.

Although Japan's route was a separate issue, it is just one more thing to test investor patience.

In New York, I'm John Tucker, Bloomberg Radio.

Good morning, Nathan.

Yeah, the S&P 500 erased its 2026 gains.

Bond prices and the dollar fell all after President Trump threatened tariffs on multiple European countries.

who have opposed his pressure to take over Greenland.

JP Morgan Asset Management's Bob Michaels sees it this way.

Well, Michael, since the sell-off in markets is a message to President Trump's administration to take action to restore calm, as officials did after Liberation Day tariffs rattled investors last year.

Well, this morning, risk assets may have found a floor.

U.S.

Treasury yields, they're backing down.

And Japan's longer maturity bonds, they've rebounded after yields there hit a record high yesterday.

Although Japan's route was a separate issue, it was just one more thing to test investor patience.

In New York, I'm John Tucker, Bloomberg Radio.