Donald Trump has announced tariff exemptions on crops like oranges and tomatoes, highlighting economic concerns. Aswath Damodaran warns of a potential market crisis, particularly with major tech stocks, and is shifting to T-bills and considering non-financial assets. He critiques the unrealistic valuations in the AI sector and notes the lack of diversification effectiveness in current markets. Historical analysis shows that low equity risk premiums can lead to significant real-term losses, emphasizing the need for cautious investment strategies.
