Institution: The effectiveness of Trump's put options weakens, and the market fears uncertainty more

ChainCatcher news, according to Jinshi reports, Siebert Financial's Chief Information Officer Mark Malek stated that the market's fear of uncertainty is greater than its fear of bad news.

Malek said: "A 25% tariff is easier to digest than 'possibly 10%, possibly more, possibly less.'"

"Trump's put options are real, but as traders begin to question this strategy, its effectiveness is waning. Tariff-driven volatility is not new, but this week feels like a replay of 2018—only worse."