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‘Trump Put’ Struck At SPX 5555, One Bank Says
Where's the so-called "Trump put" struck? Said differently, what's the pain threshold for equity los
Seriously? A decline in a poll of retail investors who were over 100% invested (thanks to leverage) is going to dictate Trump’s tariff policies?
Can he please just go back to playing golf?
Unfortunately, if Trump really wants to impact foreign trade balances- it has to be from a well thought out strategy, implemented over the long term. His administration would need to roll up their shirt sleeves and put in the hard work to figure out how to increase production (stick to a few products; maybe oil, pharmaceuticals, drones and chips) on US soil, in order to decrease US dependency on foreign production.
This will take years, but when trade partners see what is happening on US soil, maybe the USA would be able to get closer to the results he desires vs. from what he is currently doing: screaming, swearing and maniacally demanding other countries give him what he wants (but doesn’t hold the cards for).