I agree this is just market euphoria. We have a lot of systemic issues that have been exacerbated and/or entirely created by Trump.
The core problem is Trump full stop. He is sitting in the White House with nothing but “Yes” men in his cabinet. It’s only a mater of time until he releases his next scheme on the market.
No he won’t give tariffs up. This was his latest gift to make 10% tariffs on everything seem not so bad. I’m willing to bet 10% was always his goal and the crazy numbers he threw out were there to make 10% seem reasonable.
The problem is after 4 months of attacking allies, siding with dictators, reneging on prior trade agreements he negotiated, and being called out for it globally. This latest economic grift wiped any trust the US had left.
The US is uninvestable while he is in power. You can’t make major investments be it a billion dollar factory complex or some small business importing goods to build a product. You could be wiped out because of a mood swing or Orange Mussolini’s latest grift.
Worse his tariffs put many US manufacturers at a disadvantage compared to foreign competitors. He’s just set the stage for a definite recession, long term slow economic growth or at worse a depression if the bond market fully breaks down.
Even if he can get tax cuts passed they won’t do shit to put it all back together.
It’s still possible that’s the point. Not the tariffs as a goal but as a weapon to hold over everyone’s head, to shake them down until they all bow before mango mussolini
The market reaction is dumb. 90 days bus very little for companies to adapt when years are needed.
I think this but it’s just the people seeing his tweet immediately before he lifted the restrictions.
Looks like we are still heading for recession and Treasury bills interest is still jumping up.
One part is a reverse game of chicken, buy the dippest dip to realize most profit from less dippy dip buyers.
The other part is the assumption that this means the tariffs will never actually come or at least in a much relaxed form.
deleted by creator
I agree this is just market euphoria. We have a lot of systemic issues that have been exacerbated and/or entirely created by Trump.
The core problem is Trump full stop. He is sitting in the White House with nothing but “Yes” men in his cabinet. It’s only a mater of time until he releases his next scheme on the market.
He’s been obsessed with tariffs all his life, he won’t stop doing those
No he won’t give tariffs up. This was his latest gift to make 10% tariffs on everything seem not so bad. I’m willing to bet 10% was always his goal and the crazy numbers he threw out were there to make 10% seem reasonable.
The problem is after 4 months of attacking allies, siding with dictators, reneging on prior trade agreements he negotiated, and being called out for it globally. This latest economic grift wiped any trust the US had left.
The US is uninvestable while he is in power. You can’t make major investments be it a billion dollar factory complex or some small business importing goods to build a product. You could be wiped out because of a mood swing or Orange Mussolini’s latest grift.
Worse his tariffs put many US manufacturers at a disadvantage compared to foreign competitors. He’s just set the stage for a definite recession, long term slow economic growth or at worse a depression if the bond market fully breaks down.
Even if he can get tax cuts passed they won’t do shit to put it all back together.
Market doesn’t know if the tariffs are even coming back, and are taking the chance to buy back low.
He suspended it for 90 days and also previously threatened that there will be more, so we don’t even know if next week there won’t be new tariffs.
It’s still possible that’s the point. Not the tariffs as a goal but as a weapon to hold over everyone’s head, to shake them down until they all bow before mango mussolini