That fake news yesterday saved us from a blowout. There is absurd amount of money just begging to be invested in the stock market again, and they are hungry for a crumb of good news
The markets, the pundits, most of the country for that matter, seem to be in this deep denial that he won’t go through with his tariff otaku. And on one hand I get it. It’s a pretty radical thing to do bc it’s going to crash the US economy. On the other hand it’s Trump so yeah he’s going do it
The markets are going to be blue-balled to death. I'll rant about it later but this is almost unique in terms of economic crashes in ways different from like, 1929 or 2008
We just did this 5 years ago during Covid. Wild swings and we had fiscal and monetary support in the background too, which we don’t this time. We’ll see
Even before they fired so many federal workers we didn’t have the workforce to enforce so many tariffs. I have to believe this is mostly theater. It’s pretty damaging to the US nonetheless.
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It’s way beyond the disconnect that preceded the 2008 “global financial crisis”.
This is what I don't understand about the markets.
When 47 says something, believe him.
Got the day traders to blame: they got one more rally in them before they cash out I am sure.
That fake news yesterday saved us from a blowout. There is absurd amount of money just begging to be invested in the stock market again, and they are hungry for a crumb of good news
"This can't be real"
105% tariffs on China: "Ok, he's obviously joking"