I would think investors are spooked at buying us securities at a time when the president orchestrated the biggest pump and dump in history and also the house passed a budget that would massively balloon the deficit yet again.
Bond market participants are aware of the long term damage caused by the administration’s hubris. Tariff war with China isn’t over, inflation is likely to rise (due to tariffs) and recession is still >50%.
Could be the China tariffs still in place but I doubt those are going anywhere too soon. He has an obvious base support to take on China. They are a true adversary so the pressure won’t be the same.
If the media had a shred of fucking morality or ethics they would have reported the facts not the lie that tariffs are paused. Unfuckingbelievable how lazy and complicit they have become.
First, let me say I agree 💯, but I think you are letting them off easy with complicity. I am think we should look at them more for culpability. This isn't like they are just haphazardly going along, they are literally taking the orders and carrying out the dissemination of lies maliciously.
I also think that a CEO of a new corporation would’nt set a goal to sell to the US. If I was opening a factory I’d just advertise my products elsewhere. I wouldn’t buy material from US either because chances are the international relationship gets tense and I end up having to change my entire system
I wasn't even saying a new corporation, any. If the country is a criminal enterprise, you or staff can be disappeared without due process, your stock is beset by insiders manipulating the price, you have to hire mob contractors to build your factory...
Question - how did Walter Bloomberg (no relation to Bloomberg) know about the 90 day tariff pause 24 hours before the world did? Worth looking at some brokerage statements?
I’m still stunned investors showed up to buy treasuries. Even without the trade war, who would want to loan this government money when it’s actively taking about devaluation and potentially defaulting?
Bond Market having slapped down inappropriate behaviour yesterday is moving to the punishment beating and demanding fealty stage today. Poor Donald, picked on someone bigger than him.
The market is now literally a tug of war between "These tariffs are really fucking bad holy shit" and "These tariffs are really fucking bad holy shit but trump blinks every fucking time anyway so they can't last that long"
You and Tracy are crushing it, thank you! FWIW, was expecting a reality check today or tomorrow after yesterday, but thought there would at least be more initial follow through/gap open. But seemed like a lot of “premature congratulation” yesterday afternoon, which is often a sign…
Plus 10% universally, plus 25% on cars and steel. Upper tariffs have gone away for other countries for now, but the new 125% rate for major partner China means it all still works out pretty much the same as it did first thing yesterday.
Imagine a Republican walking into a trump casino and losing $1000 then the trump casino *let's* him win back $800, he's relieved and grateful and calls a $200 loss a "win"
This chart shows the NASDAQ at trump's presidential start, the mid mark is his tariff push, and it's current level
It is my understanding it is a combination of Japan, Canada and the EU. Seriously think about it, Canada's PM has a PHD in economics and has lead two major countries banks. Yeah, he would definitely know where to apply pressure.
Most foreign owned US debt is held in the private sector. If the Chinese central bank takes the gloves off they would be punching their own companies in the eye.
Comments
All is well
( MAGA )
He'll be back to his bullshit again in 90 days milking investors.
Time for former allies to take their money out of the United States while they still can.
They are already floating the idea of stealing Norwegian, Japanese funds.
#Divest, #Dispose, #Dissolve
If you can solve this #nobrainer award yourself seven-digit remuneration package.
You run away and don't look back.
Where do you want your yacht sent?
This chart shows the NASDAQ at trump's presidential start, the mid mark is his tariff push, and it's current level