DEAD CAT BOUNCE

Summary from the TLDR Founders newsletter

Despite escalating trade tensions with China threatening "to fight to the end" over new tariffs, markets rebounded strongly today - but is this genuine recovery or just a dead cat bounce? The tariff impacts are playing out in stark contrast across sectors: hardware companies like Framework are pausing US sales after being forced to sell laptops at a loss, while software firms face more indirect challenges through rising data center costs and customers becoming more hesitant with their budgets.