How the bond market helped make Trump blink on tariffs: 'I was watching it.'

James Carville; Political Advisor for President Clinton was quoted in the 1990s saying:
"I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a 400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."

Just as true today as it was 30 years ago.