Trump Starts Trade War: Steel Tariffs Drag Jack Daniels, Hogs Into Absurd Transatlantic Tit-For-Tat
Eventually, dumb shit is recognized for what it is.
Eventually, dumb shit is recognized for what it is.
“The Donald seems to think that the 37% gain in the stock market between election day and the January 26th high was all about him, and in one sense that’s true. Donald Trump is all about delusional and so are the casino punters.”
“Bannonism just gave a thin veneer of ersatz nationalism to what was otherwise the Donald’s own dogs’ breakfast of protectionism, nativism, xenophobia, jingoism and strong-man bombast.”
“Just as Trump has never done anything in his life that did not benefit him personally, so he cannot imagine any nation acting for the general good.”
So obviously, deglobalization is a terrible idea. It’s a step backward in time. It represents
Welcome to the first quarter of the rest of your life. Q2 marks markets’ first
I’m feeling more punchy than usual this morning, so I’ll kick Saturday off by noting
So you know, the percentage of the European population that’s still sane (and that’s an ever dwindling number apparently) would have really appreciated it if Trump would have just been satisfied with the damage he’s already done rather than piling it on by dispatching Peter Navarro to weigh in on the legitimacy of the common currency.
“While this return is nearly twice the equity market and suggests markets have already priced in much of the reflation theme for 2017, we do believe there is still upside from here of c.5%”
Given the distinct possibility that global trade and commerce is about to be completely upended by an unhinged real estate developer with delusions of grandeur and his cabinet of billionaires, it isn’t any wonder that when Goldman asked fund managers what they were concerned about, geopolitics and global trade topped the list.
A pervasive theme here at the Heisenberg Report is that Donald Trump’s determination to start
The incorrigible ‘tariff man’ won’t be denied.
Decelerating domestic economy may be kryptonite for “Tariff man”.
It would be supremely ironic is “Tariff Man”‘s Waterloo turns out to be duties related to illegal immigration.
Remember “Tariff Man?” He was Donald Trump’s macro superhero alter ego. Tariff Man’s superpower was…
Risk sentiment faltered and the euro slipped to a two-decade low Tuesday, as recession worries
“…potential negative surprises.”
Dry kindling, meet struck match.
Friday’s RRR cut presages more easing – it’s just a question of timing.
“Gamma gravity” time.
“Here we are now, with all of this ‘crash’ now increasingly likely to ‘bleed out'”.
“When he figures it out, there’s only one trade you want on the sheets”.
“In the absence of conviction about the existence of political circuit breakers”…
Enjoy any truce while it lasts.
Essentially, we’re right back in the same position we were in headed into the Trump-Xi dinner in Argentina.
“Nobody can quite figure it out.”
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