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‘This Strategist Had Held Out Hope Until The End’: A Dejected FX Analyst Throws In The Towel

"...a market correction may be necessary to reduce the likelihood of a further escalation of trade wars."

"...a market correction may be necessary to reduce the likelihood of a further escalation of trade wars."
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4 comments on “‘This Strategist Had Held Out Hope Until The End’: A Dejected FX Analyst Throws In The Towel

  1. The very smarrrt evil genius is really a loser and thief in drag. This is turning into a typical trump cluster-fuck. Folks this man lost a bunch of cash cow casinos, the most cheated tax scams in the world. What???? makes anyone think he knows what (I’m the only one who can fix our economy) the fuck he is doing, really, come on.

    Republicans have sold their souls and are all in right up to the midterms, vote them and any democrat that goes along with this insanity OUT. Vote, wherever and whenever there is an election, come on pay attention. Elections are ongoing almost every week, so get involved in your own community and get rid of this scourge now and anytime you can, vote.

    We are losing our republic every day these crooks stay in office. Look who supports this slime, they do not give a shit about your lives, never have and never will. Come vote………..

  2. There is a vague semblance of pragmatism (even if accidental) to trump’s actions, but David Woo was looking for sense in all the wrong places. Trump is merely using the trade war as a political tool to embolden the false victimhood of his ignorant base in hopes of turning the tide in what is presently looking very likely to be a sweep out of the Republican control of both houses and potentially the follow on impeachment. The fact that the trade war will likely hurt trump’s base more than any other is irrelevant, logic means very little to these people.

    Just as the tax plan was an attempt to rig the short term economic condition to win the 2018 elections for the Rs, the economic destruction from the trade war is a hedge by trump against getting impeached less the economy tank (which it is nearly guaranteed to do in 2019) shortly after the new House and Senate are confirmed in Jan 2019. The Dems (if the presumed happens) will not want to inevitable tanking of the economy to be on their watch so they need trump in office through 2020 to blame and they want a tired and wounded trump running in 2020. The Dems would presumably look to play it all out by passing legislation (daily if necessary) to outlaw most of trump’s actions.

  3. Regarding the absence of a US equity put, i will believe it when I see it.

    The US equity market is like Rocky on steroids. It keeps getting hit and goes down, but gets picked right back up. It’s got the Fed, and The wealthy politicians, and tax cuts, and share repurchasing, and fiscal stimulus, and so on……The US economy is fine.

    The Trump administration could care less about MAGA ideologies related to “balancing long standing trade deficits”. Wilbur states that these are long standing issues that need to be corrected. I’d like to see him in a few weeks or months if the US equity markets take a hit like over in China. His resolve has nothing on China. Wilbur’s a very wealthy man, and you won’t see the same stoicism on his face with a nice good old fashioned 20-30% US market correction.

    The fact that we’ve got more equity market “resilience” than our friends in China is exactly what the Trump strategy is counting on. That’s all that really matters to them.

    Let’s see how this works out in the next few months….They’ll “put” the market and won’t follow through and they’ll once again settle for more watered down MAGA ideology.

    The funny part:: Trump will proclaim ideological victory regardless of the outcome. I guess we can call this Trumpinian economics.

  4. Absolutely astounding that anyone with one working brain cell cannot see this man has no clue what he is doing — he thinks he is on a reality TV show! It is all a game to him. He’s writing the script as he goes along.

    He craves hearing his name on TV every day and being subject of the non-stop talk on the news. It pumps him up to do it again, all day tomorrow. Putin saw it, sees it, works it. The people we call his base are the biggest suckers of all and worship him and say he is “for real” and “he says it like it is”.

    I wonder every day what he will do ‘today’ and will this be the ‘one’ that takes him down at last.

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