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Losing Everything
If the problem is that no one knows what US trade policy will be from one day to the next -- forget
Now any major foreign trade partner or bloc that wants to sink the stock market/US economy only has to impose their own unilateral tariffs and watch Trump spring out of his clown box. All this strength and independence is exhausting.
This would be a good time for EU UK Japan Canada India to coordinate. Doubt they will but it would work.
I still don’t understand how 125% tariffs and a full blown trade war with the #2 economy in the world and our primary supplier of everything isn’t the bigger story. China isn’t backing down and they seem to think they can win this conflict with Trump, how does that not translate to recession?
I think general assumption is Trump will at least half-fold on China, so not 125% in the end. Price action of AAPL DELL HPQ etc imply it.
Okay so even at say 60% tariffs on our supplier of again, pretty much everything, how is that not inflationary? You don’t break your dependence on China overnight, in 30 days, or really even in 6 months. In my opinion, the Chinese tariffs are the only ones that really matter to the US economy.
Xi for his part seems to have divined that he’s got the upper hand as he’s not running a democracy. His people will take the pain and like it because otherwise…
I’m very curious to see if Navarro hides from the public for the foreseeable future.
Narrator: “He did not.”
I think they will keep the moron at bay. Can’t help with the other nitwits, but Navarro is expendable here. Now if in 80-85 days, they have Navarro back out on the Sunday shows, calmly go to the computer or phone and pick up some short dated puts…
H-Man, the albatross is slowly pulling his neck down. He will scramble to make it right but now the true weakness of the world economy will weigh on him as well. The die is cast.
seems like the ROW has Trump completely figured out at this point…maybe an attack on Iran is next…check your social media apps for inside info…
Also crickets on the pharma tariffs.. Must be part of the grand plan, to announce them and then never hear about them again.
I think pharma tariffs are coming.
Honestly, tariffs targeted at specific high value, high importance industries make some sense to me. Pharma also has the Irish tax issue. Whether this govt will implement them competently, we’ll see.
The tails are clinically obese, hard to manage and wearing a spray tan. This is such a dumb environment for trying to figure out how to position.
Any idea how much of the rally yesterday was short covering versus people jumping in and chasing the rally?
Sorry to point out the next day’s results, but a quick peek at 4/10 results show half of Trump’s “yesterday’s news” rally is already gone. Sometimes I see things very quickly but yesterday it seems I saw a headline about Charles Koch filing suit against Trump over his tariffs on the Chinese. He will not be alone.