Billionaire investor Ken Fisher, founder of Fisher Investments, harshly criticized Trump's tariff policy on Monday, calling it "stupid and wrong," while predicting that the market will rebound thereafter.

Ken Fisher posted on social media platform X: "The policy announced by Trump on Wednesday is utterly foolish, both arrogant and extreme, and it clearly demonstrates a lack of understanding of trade, completely using the wrong tools to address a false premise. However, this policy will ultimately fail, as the current level of market panic far exceeds the actual risks, and that is precisely a bullish signal."

Fisher further pointed out that Trump's proposed 10% baseline tariff on all imported goods (with higher rates for specific countries) is likely to face legal challenges and a dual challenge from Congress, making it difficult to succeed.

He analyzed: "Due to numerous obstacles in reality, most of his initiatives cannot be implemented at all. The customs enforcement capacity is far from sufficient, and the challenges from the courts will also be exceptionally fierce. If Republican lawmakers cannot quickly constrain Trump's tariff policies, the midterm elections will turn into a 'bloody slaughterhouse' for them."

Despite briefly falling into a bear market during Monday's trading, the S&P 500 index reversed course and rose at the close. Fisher believes that the market's reaction to tariff policies may far exceed the actual impact of those policies, and the recent sharp decline may be a prelude to a strong rebound.

Fischer also pointed out: "The level of fear in the market far exceeds the problem itself. Although comparisons of the market over a single period may not be reliable, this situation may be similar to the 1998 correction, when the market ultimately achieved a 26% annual return."

Ken Fisher has joined the ranks of Wall Street critics. Currently, many investors are concerned that tariff policies will suppress economic growth and raise inflation amid already weak consumer confidence. Bill Ackman, founder of Pershing Square, also warned on X that the U.S. is heading toward an "economic nuclear winter," believing that Trump's move has lost the trust of business leaders. However, Ackman later apologized for his remarks.

It is worth noting that although Ken Fisher has funded Republican campaigns, he has previously written to emphasize that "the performance of the stock market is not necessarily related to the political party." #BTC 能否站上 $80K？