Submitted by QTR's Fringe Finance

Over the last few days, I've been part of an extraordinarily small contingency of people not freaking out and losing their minds over President Trump's new tariff plan or the ensuing stock market pullback.

A couple of days ago, I argued that the media shrieking hysterically about how the world was ending as a result of this trade policy was nothing more than a visceral reaction to what was happening in the stock market. It had to be. With just hours having passed since the implementation of Trump's tariff policy, there was no real way to judge its success based on the merits.

Said another way, these things take time.

In an article late last week, I criticized Wharton PhD Jeremy Siegel—whose actual title is probably some bullshit with the word "emeritus" next to it—for coming out and declaring Trump's tariff policy to be the worst policy decision in 95 years.

My argument wasn't that he was wrong—only that it was too soon to make such a declaration.