Markets got a quick relief hit when President Trump dialed back the tariff threats against Europe. But here's the catch—that bounce might just be a false dawn. According to Gregory Daco from EY Parthenon, the underlying current is shifting. While traders cheered the policy pullback, he's making a point worth taking seriously: uncertainty is now the baseline. Not a temporary blip. The new normal. Think about what this means for your portfolio. Political winds can shift without warning, geopolitical tensions simmer beneath the surface, and economic data keeps throwing curveballs. For crypto traders and investors, this environment hits different. Volatility doesn't just come from on-chain metrics or Fed moves anymore—it's entangled with every policy decision, every tweet, every unexpected trade war pivot. The lesson? That quick market rebound might feel good, but managing risk in an uncertain landscape is the real skill.