‘Barely Legal’

‘Barely Legal’

Not surprisingly, US equities are starting to feel the heat from Sino-US tensions which are most assuredly on the boil. Wall Street stumbled to a second day of steep declines, after Jerome Powell warned on long-term damage to the economy and Donald Trump berated China in a shrill tweet. "As I have said for a long time, dealing with China is a very expensive thing to do", the president said Wednesday, before floating a modified version of the "China virus" label he promised to stop using - now
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9 thoughts on “‘Barely Legal’

  1. As with anything Trump does, he is simply flipping the script by taking his illegal activity (3+ years of sheer market manipulation via Tweet or live audience bombast – likely after informing his closest friends what he is going to do) and porting it onto others he feels slighted by.

  2. Yeah, throw Rosenberg (Canadian), Roubini, Richard Duncan (living as expat in Asia), Dalio, Julian Brigdan (UK) onto the bad side of Barr. Oh, and add Scott Minerd, too, who tweeted today that the we’ve topped the uptrend. All “barely legal,” presumably. Oh, and Bianco, let’s add him to this list, too. Could go on and on.

    NO WAY this is the end of a debt super cycle. NO WAY it’s a U- or L-shape recovery. Everyone just talking their book. It’s going to be a V-. They’ll see.

  3. He would be happier and the USA and the world would be better off to take his schtick to NBC prime time and talk radio, make $200M a year, get all adulation from his followers, have the real media ignore him and let Biden run the US in a responsible way.

    Every one would finally win!! True MAGA.

    I like many are just tired of the drama “1600” that runs all day, everyday on every media outlet.

  4. Historically, Q2 GDP is the best predictor of the Presidential Election. Based on that why is Trump not trading on a 35? It baffles me unless it is the case that Biden is such a flawed candidate. Who gets this?

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