Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Publisher's Note: We're having a celebrity guest join us tomorrow in the Monument Traders LIVE chatroom! "safe havens" Jon Najarian, a former Chicago Bears linebacker turned professional trader, is joining us LIVE at 2 p.m. ET. Jon is a professional investor, money manager, and media analyst who's earned a reputation in the industry as an options trading expert. Join him and Chris LIVE on Thursday at 2 p.m. ET. Click here to add it to your calendar. - Stephen Prior, Publisher
$1.4 trillion in market value wiped out in a single session. But that's not the scary part. The scary part is watching the U.S. dollar and Treasury markets get dumped right alongside everything else when global tensions exploded over Greenland tariffs. Yesterday reminded me that we're living through a fundamental shift in how the world views American assets. And most investors have no idea what's coming next. On January 17, President Trump announced via Truth Social that imports from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland would face 10% tariffs starting February 1. The tariff rate escalates to 25% on June 1, unless the U.S. gets to purchase Greenland. European leaders called it "new colonialism." They held emergency summits. Military reinforcement were sent under Operation Arctic Endurance. The NATO alliance is straining. Markets predictably tanked. - The Dow fell 870 points (1.76%).
- The S&P dropped 143 points (2.06%).
- The Nasdaq slid 561 points (2.39%).
That was worst day for all three since October 2025. Tech got crushed too... Nvidia down 4.5%, Apple down 2.8%, Broadcom down 5.5%. Standard Market Tantrum? Wrong. Here's the problem... While the markets shook in their boots yesterday... the 10-year Treasury yield jumped to 4.30%, up more than 6 basis points, while the 30-year spiked to 4.92%. The dollar index fell 0.76% to 98.64 - the largest daily drop in over a month. In the old world, when global tensions spiked, money fled to U.S. Treasurys and dollars. Flight to safety. Not anymore. Yesterday, both got dumped alongside everything else. We've lost our safe-haven status. Tariffs are ALWAYS paid by the receiver of the goods, not the sender - those "tariff checks" politicians talk about are your own money being recycled back to you. But the tariff details don't matter. What matters is that when America creates global chaos, global money no longer automatically flows into American assets for protection. | 
