Cant time the bottom. But there are still a lot of good opportunities out there. Some will just cry and whine about anything Trump. It is a disease that even Trump has yet to find a vaccine for...
MAGA: We need tariffs! Tariffs are great. TRUMP: I am pausing tariffs. MAGA: We don't need tariffs, we need Trump to negotiate tariffs away! Tariffs are terrible.
Timing is everything... Lol. I had a chance to buy Newsmax at $10/share, and I balked. I still kick myself on that one. The timing comes in when you sell it...
that was the plan all along, to get our debt back at cheaper prices and then refinance it after the backlash and give those tax savings to the billionaires..did I do that right?
The tariffs are about more than economics and trade. Trump's tariffs are opening positions that involve wrong-footing political leaders and getting concessions on other issues.
I am so humbled and grateful that our glorious Rape-Father has seen fit to restore to us some of the bounty we had earned, but were only fit to enjoy with his approval and blessing. May we continue to be deemed worthy in His eyes.
LMAO at too hot....y'all post over and over how stupid Trump is but nobody has a clue how he keeps winning.
Zero chance that Glorious Rape Father can plan anything that complicated. Right now I'm 50/50 between him being so stupid that he thought this bullshit might work, and ........ him lining up some form of grift from supplicating Other Nations. (Whether that be for him personally, friends, family or political beneficiaries. Probably some combination. )
crashing the liquidity as margin calls drive sell of treasuries into foreigners dumping debt. i bet they told him to call it off or the markets were going to crash like the real estate crash. likely exceeded the stress test models as liquidations accelerated to cover dropping prices. if only we had a regulator to tell us what really just happened. was it the end of the big short or the bond vigilantes coming for the corpse of the us banking institution? imagine the interest cost of total public debt if it bumps up a couple of points. guess that is why we had to cut those school lunches Why US Treasuries Sell-Off Is Nightmare Scenario for the Economy Bloomberg reports that foreign reserve managers, including China, may be reconsidering their U.S. government debt holdings due to Trump's trade policies. Reuters noted that much of the selling was done by hedge funds to raise cash for margin calls, as the value of their portfolios continues to decline amid the ongoing market rout. Reuters compared the sell-off to the 2020 "dash-for-cash" panic that prompted $1.6 trillion in emergency Federal Reserve purchases. Similarly, British economist and former chief adviser to the Bank of England Charles Goodhart told Newsweek that the sudden sell-off could be tied to the continued drop in global stock prices. "The technical problem is that the sharp decline in equity prices has required those who have levered up their position in equities to raise cash to meet margin calls, and that might have led them to sell [Treasury] bonds as the best way in these circumstances to meet cash requirements," Goodhart said. "During the month of January, 10-year interest rates—which is probably the most important rate in the country, since mortgages and capital formation are based on it—had almost spiked to 5 percent," Treasury Secretary Scott Bessent said in a recent interview with Tucker Carlson. "And I think 5 percent can be an uncomfortable area for the economy, for [the] Treasury, for issuing bonds."
'Extremely dangerous': Economist magazine sounds alarm about new market 'convulsions' The Economist magazine on Wednesday sounded an alarm about a new trend in bond markets that was also flagged earlier in the day by economist Larry Summers as being particularly worrisome. Like Summers, The Economist identified a spike in the value of ten-year American Treasury bonds as a portending a potential crisis, as it may signal that investors no longer see U.S. bonds as safe havens during times of economic distress. "It is the most worrying sign of financial distress yet -- and there have been plenty," the magazine warns. "Traders are paying soaring premiums to protect themselves against volatility, businesses are facing increasingly bad terms on borrowing and a dash for cash has sent the gold price down. Spiking Treasury yields are even more ominous, since they drag up other borrowing costs with them. In short, they are not just a symptom of market stress -- they are a cause of more to come." ................................................ "More worryingly, on a fundamental level, Mr. Trump’s assault on global trade has dented confidence in American policymaking," the magazine contends. "It is only natural for investors to conclude that the country’s sovereign debt has become less safe. Similar jitters apply to its currency... Sure enough it has weakened amid the market turbulence. These are nervous times for investors, policymakers and just about every American."
Say what?!!! Have you seen his voters? We know exactly why he won the last election. (Obviously not "keeps winning", lol.)
interesting. can a majority vote in the senate vacate an emergency order? does it take 60? Will Rand Paul now be attacked by MAGA? Bipartisan Senate resolution would repeal Trump's tariffs amid his global trade war: 'Enough is enough' A bipartisan group of senators is introducing a resolution to repeal President Donald Trump’s global tariffs, after the administration ignited a trade war with countries around the world.Sens. Rand Paul, R-Ky., and Ron Wyden, D-Ore., led the resolution, which was also signed onto by Senate Minority Leader Chuck Schumer, D-N.Y., and Sens. Tim Kaine, D-Va., Jeanne Shaheen, D-N.H., Peter Welch, D-Vt., and Elizabeth Warren, D-Mass. "Tariffs are taxes, and the power to tax belongs to Congress—not the president," Paul said in a statement. "Our Founders were clear: tax policy should never rest in the hands of one person. Abusing emergency powers to impose blanket tariffs not only drives up costs for American families but also tramples on the Constitution. It’s time Congress reasserts its authority and restores the balance of power." The measure will be treated as a privileged resolution that must receive a vote on the Senate floor, according to a press release. If approved, the resolution would vacate the emergency that Trump declared in an executive order to impose tariffs of up to 49% on goods Americans buy that are produced by other countries.
One of the many problems with this whole situation is that the absolute best case scenario is Trump somehow de-escalates tensions with China and manages to work out individual trade agreements with every country that are better than our previous trade deals. Even in that scenario we'd be left with the lasting damage to our relationships. In reality we know he'll work out some sort of deal that either puts us in slightly worse position or exactly where we were prior to tariffs, yet still declares total victory (e.g., USMCA). Then we still have to deal with the fallout to our relationships around the world which is going to have a lasting impact. Every country right now is planning contingencies to try and unwind their reliance on the US to the extent that they can since we've demonstrated that we're an unreliable partner. That's not to say that every country can do that, but it will be a factor in any decisions they make moving forward.
This is so stupid and anyone falling for it is not paying attention. He stated that: Tariffs were reciprocal (they weren't, they were based on trade deficits. Why would we ever want a trade surplus with Vietnam????) Tarrifs were going to replace the income tax (now this is back off the table suddenly with the pause) Tarrifs are for negotiations (mutually exclusive with them being used to replace income tax)
