economy Markets stocks

Trump: ‘My Stock Market Would Be 10,000 Points Higher’ If Not For My Tariffs

"To me, this is much more important than the economy".

"To me, this is much more important than the economy".
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7 comments on “Trump: ‘My Stock Market Would Be 10,000 Points Higher’ If Not For My Tariffs

  1. Anonymous says:

    Stock market is way overvalued another great day to add to your shorts. Most everything points to a slowdown…. The Fed can’t save this market from correction nor can negative rates. The debt must be paid in full or else the markets will continue this crazy see saw crap

  2. gdhalpha says:

    “To me, this (the stock market) is much more important than the economy”, Trump continued.

    And there is the whole problem and the Republican mantra neatly summed up. Of course we love a strong stock market, but we’d like it based on sound fundamentals

  3. AVW says:

    I guess….thanks for falling on the sword djt! cant think of a better person for it to happen to.

  4. jyl says:

    Trump’s recent rants have been very interesting.
    He seems to have abandoned the pretense that his tariffs aren’t hiring the economy, and is not just admitting but leaning into the theme that his tariffs are the main thing hurting the economy. He’s still calling for the Fed to cut, but increasingly that is going to be pitched as the tariffman being for a bailout.

    He is going full on with the message that taking on China is more important than the economy, the market, and the pain to come. This may not play as well as he thinks – most Americans haven’t neither lost a job to China nor know anyone who has, they have some general disapproval of “made in China” but they don’t care enough to stop buying Chinese goods so they certainly won’t care enough to welcome stock and job losses.

    Trump is backing himself into a corner, since he’s raising the rhetoric and stakes to a level that he can’t possibly deliver. The more of an existential threat he makes China out to be, the less he’ll be wave around some soybean orders and pretend that he’s “won”.

    This increases the chance of Trump ending up in a siege mentality, isolated after firing his hardliner advisors (does anyone really think Navarro will last much longer), but too committed by pride and his shrinking base to accept counsel from any capable advisor who is willing to join the last several months of a sinking ship.

    Peak irrationality is clearly yet to come.

    Enough about Trump. Think how this developing picture affects China’s strategy. The initiative, options, and power are all shifting from Trump to Xi.

    • jyl says:

      Ugh, typo city there.

      What I wouldn’t give for a Blackberry keyboard instead of this terrible onscreen keycrap.

      Would my old Blackberry even work anymore?

  5. Anonymous says:

    Points this, points that. Can someone please explain to these boomers what a percent is. Or at least show them an index that is statistically relevant for gauging equity performance.

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