Markets collapse even as much better than expected job report is released

Sounds like the Market is just going to ignore anything other than the tariffs.

The jobs report was over 1.5 times what was expected with a major upwards revision of previous months. The report also suggested more people are coming back to the job market. The GDP now jumped almost a percentage based on this week's economic news.

However, the tariff situation seems to have overtaken everything else as the market is absolutely collapsing. I believe we are so oversold right now that anyone with a spare dollar should consider investing. I don't see the tariff issue hanging on for too terribly long, but who knows with investors.

The interesting thing here is the reaction from some of these other countries:

• The US is being stupid by creating tariffs. They are only hurting themselves.

• Oh and by the way, we are going to do the same thing and raise ours too?

If anyone can make sense of that, then let me know. If it only harms the country imposing them, then why on god's green earth would any other country want to do the same thing? Unless of course, the idea that tariffs are bad for the country imposing them is just rhetoric and they don't really believe their own nonsense. The other possibility is that Donald Trump just makes everyone else stupider because of their own problems with the bad orange man. If I had to bet, I would say it might be a bit of both. Small tariffs that these countries can get away with are good for their countries and they don't like the idea of giving those small advantages up. They also want to look like they are "standing up" to Donald Trump rather than backing down, which probably makes then react in ways they would otherwise not.

As I stated, this was probably avoidable with a better plan to roll these out. I wish they would have done all of this sooner rather than later. But it is what it is. Let's see where we are at by the end of April. I sense that things are still quite fluid and dynamic and that we will see a flurry of activity in the near future.