Trading plan for Greenland tariffs

And an update on positions

Trump is back to his Trumpy ways and has threatened to impose 10% on Denmark, Norway, Sweden, France, Germany, the UK, Netherlands, and Finland on Feb 1 if they don’t reach a deal to sell Greenland to the US. Just when the market feels complacent and is hovering at the highs, it gets nuked with another tariff tape bomb.

This couldn’t have come at a worse time, as the market has spent the last two weeks piling into risky assets and positioning for what should be a bullish 2026. Bull markets never go up in a straight line, and often require multiple scares or positioning resets to cleanse weak positions and transfer capital from weak to strong hands. I believe this is one such episode.