Trump Does his Awesome New Tariffs. Winning!!

Any criticism of Trump is unwarranted and blasphemous. Everything he does is the best ever. If we have a recession it will be great. You’ll see.

 

Futures down but it will be short lived. The bond market is tame and the 10 year is actually down overnight.

I’ve never railed about lumber prices and really couldn’t care less about what stuff costs. You can either get good at budgeting or make enough to where it doesn’t matter.

Also definitely believe @dangolegators that he can’t tell snatches apart. Doubt he’s seen one.

 

That’s part of the problem. His campaign promises were contradictory. Many Trump followers are about to find out the hard way.

“Prices will come down,” Trump told voters during a speech last week laying out his vision for a return to the White House. “You just watch: They’ll come down, and they’ll come down fast, not only with insurance, with everything.”

 

What better way for Trump and his grifter family to make money than manipulate markets, short sell, collect kickbacks from businesses who want to avoid tariffs, etc. It is in his DNA just like DEI. Trump knows it REALLY stands for Don Jr, Eric and Ivanka!

His mission is to flood the zone with bullshit to charge his base, attempt to demoralize the opposition, disrupt the economy and our alliances for Putin so he can help him take Ukrainian land like a good Kremlin pet, and make a buck in the process off market manipulation.

Elect a criminal, expect a crime spree!

 

Can you provide a link to what you are looking at wrt treasuries? I did not know they traded on the weekend. & what is down - the price or the yield?

 

Some big shorts going to make some big bucks

wonder which billionaire bros are short in a big way

 

Yield is down. 10 yr is trading at 4.50 down about 6 bps right now.

 

Yields could be up by tomorrow morning. It’s bouncing all over the place right now. I can’t wait for market open tomorrow. Love big gap down days. Great opportunities

 

I just saw that a big name, can't remember who has a big pos shorting treasuries. I tried to find it. You'd recognize the name.

edit. found it. Druckenmiller. 15-20% of his portfolio!
Does Stanley Druckenmiller Know Something Wall Street Doesn't? The Billionaire Investor Is Making a Big Bet Against the Federal Reserve. | The Motley Fool

 

Down almost 700 now ...

 

Tariffs always sound good in theory, but the real question is who ends up paying for them.

 

they suck in theory

 

You could say the same thing about taxes.

 

Are you an AI?

 

Whether down 500 or 700 doesn’t matter, I think either indicates the market doesn’t quite believe it - or that just like “last time” it will end quickly.

If the markets saw a full scale trade war happening (throwing in 100% on BRICS and 25% EU) you’d easily have to add a 0 to begin to cover those losses.

 

It’s only been a few days. I personally see this as a game of chicken. We’ll see who blinks. No one here on the right will retrospectively look at the trade imbalance pre- post- tariffs — this is Trump-Vance “Mission Accomplished” photo opp.

 

Has Bezos commented on the China tariff? That's going to affect the cheap garbage he sells.

 

Tariffs added 1,000 jobs to the steel industry while removing 75,000 manufacturing jobs from the economy. Impressive net result.

 

Not sure it matters who blinks. Once prices go up they don't come back down. Look at COVID inflation that turned into greedflation.