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Carnage. Utter Carnage
Monday was a God-awful session for equity benchmarks around the world.
By "God-awful" I mean among
Amen.
It’s not only factually moronic it is theoretically and politically moronic. Even the self centered egotistical Musk agrees. My blood pressure skyrockets every time I see the anti-hero moronic trio (Lutnick, Bessent and Trump) on TV.
I can’t even see straight when Navarro spouts his nonsense. He is not even a moron. He should be committed for his own safety. I can’t even speak about his press secretary who should be so lucky as to find a job as a Walmart greeter once this is done.
I was listening to Peter Navarro on CNBC this morning and it was infuriating. This guy is clearly the main character behind this madness and as long as he holds Trump’s ear, we are F*****!
Since he went to jail for Trump, I don’t see how Trump could turn on him.
So again, we are f*****!
Even Bill Ackman is having second thoughts.
Musk is starting to whine.
Hard to think Tesla China won’t be twisting in the wind before long.
Amazed you haven’t brought back a “Peter Navarro greatest hits” column. 2018/2019 Navarro were peak Navarro
What the hell just happened; a 5% change in maybe 15 mins?
Report WH considering 90 day pause on tariffs
WH denies report
WH threatens add’l 50% tariffs on China if latter d/n w/draw 34% retaliatory tariffs
Yes, thanks, the report was out hours before but I guess it was suddenly picked up by some people.
Incredible to threaten an additional 50% overnight. I wonder what the senior republicans are doing right now; will they have a chat with Trump tonight or do they just shrug and go home. Play another game of golf.
The only upside of Trump threatening another 50% is that, in my view, it increases the chances that this will come to a head one way or another within days, not weeks.
Hey, I learned a new word today! Pasquinade: a satire or lampoon, originally one displayed or delivered publicly in a public place. Very apt.
In response to the comments lamenting Peter Navarro’s role in all of this – we have equally stupid/crazy people in charge of our national security as well. Sleep tight!
Let’s go with lampoon at this point. Satire has been murdered. That Navarro was on TV last week was the tell, that this was going to be an utter sh!tshow.
Anything SNL does at this point is a hat on a hat.
Even more alarming now is that treasuries are behaving like junk bonds.
For all the people that are now regretting having voted for Trump, I have no sympathy whatsoever.