Much has apparently changed in the last 24 hours in the US economy.

The S&P 500 opened Wednesday more than 10 percent down since President Donald Trump announced his sweeping tariffs on American imports. Goldman Sachs had raised its recession odds to 45 percent. Investors believed they no longer had the ear of the president. US Treasury yields were spiking, a signal that investors’ confidence in the strength of the American economy was wavering.

With a single post on Truth Social, however, Trump seemed to begin to turn things around. He announced a 90-day pause on some of the extremely high country-specific tariffs he’d announced last week. And while Trump also announced further escalation in the trade........

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