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22 thoughts on “Scary Stuff”

  2. Something about the market testing Trump now that he blinked and something about wet card board.

    Maybe I’m an idiot but looks like a good buying time for certain stocks. Another week of declines and there is a big pause on Gina’s tariffs as well.

    H said it before; 54% tariffs or anything close to that is wholly unsustainable, so it just won’t happen (as in producers will keep their ships outside of port waiting to unload when this is over). Or ship it through other countries.

    Question I do have is how they are going to stop the weakening of the dollar and get yields down. Bessent needs to go? I understand he said nothing unusual was happening today.

    1. Just have to know how to talk to the AI. And be willing to pay for it. It takes some finessing sometimes, and it’s not always very efficient, but it’s worth it in the end.

  5. I apologize if this breaks any rules of decorum here, but I thought it was just a perfect fit. If it needs to be taken down I understand.

    “The World is a business Mr. Trump:”

    1. That was great. It’s been a very long time since I’ve seen that movie, didn’t get the subtleties before of Mr. Beale being gently shoved into the boardroom. Timeless relevancy.

  6. I had the misfortune, and I do mean misfortune, to have been sat at a bar this afternoon in Birmingham (England, not Alabama) with Trump’s cabinet meeting on the screen in front of me. In what I believe was a lifetime first for me, I stated shouting at the screen every time a different sycophant took their turn to lavish praise on the boss. It didn’t feel like I had any control while it was happening and I have no idea what I was shouting. I do remember thinking that it was like watching one of those televised meetings that Putin had when he was losing the war. I think I must have TDS. Either that or someone spiked my drink.

  7. You think Putin and Xi dared Trump that he couldn’t destroy both US democracy and the dollar’s world reserve currency status and he just sorta said “hold my beer”?

    1. Maybe the most brazen corruption in human history. Seems natural to believe the envelope was passed using the $TRUMP meme coin. It’d would be out there on the Solana platform blockchain if so.

  9. Heisenberg, Jiffy Pop? With all the thrills these days in the market, and shrinking budgets I’m “popping” for Kirkland Brand at $0.35/bag. But I’m guessing you’re nowhere near a COST warehouse on that Island.

  11. As H put it, chances are the US went into the trade war with China without a grand strategy. Or with a plan, but now we all know that plan stops working beyond 4.5% on the 10-year. Some of us may make the mistake to assume that China is taken by surprise by any of this. If I have to guess, China has been prepared for this since 1991. If there’s anyone who studied and learned from the collapse of the Soviet Union thoroughly, it’s China. They saw this coming from miles away. No, they might’ve waited for this moment for 34 years. So, if the current US administration thinks China is going to fold, they might want to think again.

  13. Here’s a paradox: The markets aren’t crashing this morning because they know Trump will fold on his trade war with China. Trump isn’t negotiating with China because the markets aren’t crashing

  14. Impossible to argue with Mr. McElligott’s conclusion. So what will the “big brain” do to attempt to regain it? That’s what is scary.

    BTW PPI today confirms “big brain” would have gotten his rate cut if he had just been able to abide.

  15. Impossible to argue with Mr. McElligott’s conclusion. So what will the “big brain” do to attempt to regain it? That’s what is scary.

    BTW PPI today confirms Trump would have gotten his rate cut if he had just been able to abide.

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