Look up the speech from this evening and you will be really disappointed. That is not going to sit well with other countries.
You mean this gem? President Donald Trump claimed his global tariff policy is a “war with the world” before backpedaling and saying that it “is not a war at all,” citing the countries that are sending world leaders to the US to negotiate. “I do think that the war with the world, which is not a war at all because they’re all coming here. Japan is coming here as we speak. They’re in a plane flying, lots of them. All tough negotiators,” the president said tonight at the National Republican Congressional Committee (NRCC) President’s Dinner in Washington, DC. Trump added later that countries are calling him up and “kissing my a**” to try and make a trade deal. “They are dying to make a deal,” Trump said, essentially saying that foreign leaders are groveling to avoid the tariffs: “Please, please sir, make a deal. I’ll do anything sir.”
After what China did to the world they should be walking around with their tail between their legs. They deserve everything that is happening to them. With that said you don't want to rip off your nose in spite of your face. The whole globalization has been going on for decades now and so much is intermingled it is impossible to punish other countries without punishing yourself. I guess we don't have any choice but to see how this plays out. The last guy did nothing, this guys is trying to do everything... why can't we just have a little normal 4 year stretch for once?!!!
That would be so nice. I just want some common sense and just something balanced. We seem to be from one extreme to the other anymore, no middle ground, no statesmanship....it's been awhile. We have had some really bad policy for a number of years now.
The markets. Man, there are some haircuts going on out there. Some are approaching -30% and a few are already a bit past that.
This is a pretty wild pullback. Much more intense than I was expecting. I will say this case is interesting, unlike covid, the fait of the market pretty much lies in the hand of one person. It all hinges on a swift resolution between countries and a lifting of the tarriffs. I don't believe anyone wants to draw this out. I am lead to believe that the other countries have more to loose than we do (even though this IS hurting us) so in the end we should come out the 'winners'... whatever 'winning' looks like... OK I will call us the 'less losers' I am fine with being a cog in the machine... but being a pawn isn't my thing.
Yeah, this is interesting for sure. Just when you think you have been in the market long enough to see it all. Tariff wars is something I have not experienced, unless you lived through the 1930's, nobody has seen it.
Looks like we are in the green early, but it may be a repeat of what happened the other day. Anything goes at this point. A lot of BS out there to deal with and so many different messages and narratives. It is a weird time. I guess time is the only thing that may give us some answers.
The idea behind the whole deal is too simplistic quite honestly. "American Made" sounds wonderful. I have heard this my whole life....most of us have. It resonates broadly. Details matter though. The reason we all have selection to choose from, competitive pricing, availability of a wide array of goods, and what seems like an unlimited supply of anything.....is a result of trade. Trade from us to others and from others to us. The idea that we are going to "bring back" all of this stuff is a pipe dream really. I am not against more opportunities here with jobs, goods, and more investment in all facets, but I think the overall "sales pitch" is way, way, overestimating the result. Again, I'm not against improving any of those things, but if we listen to what is being presented and the way it is being enacted....it's just not realistic in that current form.
Beyond clear market manipulation. Announcement about paused tariffs for everyone not named China hits the news 5 minutes after the market goes up 5% over the course of 2 minutes
Yes. The masses are the last to get the news. I believe that is one, of many reasons, to be a long term investor.
