The U.S. administration is doubling down on its tariff strategy again. We're seeing another push to reshape trade dynamics, and honestly, the ripple effects could hit way beyond traditional markets.

Tariffs always mess with supply chains and inflation expectations—two things that directly impact risk assets. When uncertainty spikes in traditional finance, capital tends to get jittery. Some flows might seek shelter in alternative stores of value, while others pull back entirely.

What's wild is how interconnected everything's become. Macro policy shifts don't just stay in their lane anymore. They bleed into commodities, equities, bonds, and yeah, even digital assets. The correlation patterns we've seen lately aren't coincidental.

Anyone else tracking how these policy moves might reshape capital allocation strategies heading into Q2? The market's already pricing in some weird scenarios.