Trump says "I'm going to impose tariffs on everyone".. April Fools, not yet. I'll give you 3 months. If this was his plan all along and insiders in his administration knew that was his plan, if they sold and bought before his announcement, that is insider trading. There should be hell to pay if that's the case! Don't get me wrong, I support Trump. Short term pain for long term gain, I agree, but if this was his plan and his peeps knew about it and traded, that's BS!
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Trump and his team have been telling us this is going to fluctuate for a while. Suckers are selling and ballers are buying. -
I knew it, pencil neck Schiff said 13 minutes ago he will be investigating insider tradingComment
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Imagine the difference in leverage and negotiation if Trump did not have 45% of the country and 99% of the media cheering for opposing nations.Comment
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Well, how many of us have been buying the last few days? How about you ?I miss the America I grew up in.Comment
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Yes I did/ have. Bought, nibbled, some Monday at 2:45. Monday morning was the time to buy. Tuesday didn't look so good and thought I pulled the trigger little early. Oh well, amateurs like me can never buy at the very bottom or sell at the very top. Can't compete with Hedge funds. For you guys who don't understand the Bond market. A bond is an IOU with a interest rate and a duration. Someone borrowed from you for a set time and you pay them an interest rate. At the end of the duration you give them their $$ back. Well someone you loaned $$ to wants their $$ back now before the end of the duration. But you spent the $$ on housing illegals and studying gender identity on animals and you have to borrow to pay them. The fear is all these borrowers come at the same time. China owns only about 800 billion of our 36 trillion dollar debt. Small %%Attached FilesComment
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Democrats have shown that insider trading is OK.Comment
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Quit listening to the msm talking heads.............. The 90 day pause is because 70 some odd countries on the list have cried uncle and now want a deal. The hold out is China. The tariffs are still on for China............ He has basically isolated China............the Chinese economy is in bad shape. It's looking like it was all done for this purpose.......to isolate China.....Comment
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For one the current deals with those countries is not that good for us and do need renegotiating. It's being said almost none of it has been looked at since WW2 era. It's time to update some of this don't you think?
For two you never show your plans to the enemy. No sooner than he hung with at least some they would be on the phone to China spilling it.....
And yes this could hurt some folks, myself included. I am planning to retire in 3 years. The thing is it has to done at some point...... -
I think DJT like to play his poker hand cards up.
China's economy is based on cheap manufacturing by a fairly unskilled population. Guess what, lots of other countries are BEGGING for the opportunity to do just that. If China loses the good ol USA as its biggest buyer of cheap manufactured crap, what are they going to do with all of those vacant buildings and out of work people? The global dog and pony show gets you the best deal, its like a global call for offers. I also think DJT likes playing the media to his advantage. He knows they dont like him, he doesnt like them either.
It is a bold move but keep in mind who is really suffering. I dont think DJT really care about the Stock market either seeing that -
"The top 10% of Americans held 93% of all stocks, the highest level ever recorded.
Meanwhile, the bottom 50% of Americans held just 1% of all stocks in the third quarter of 2023."
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What is MSM? When sleepy Joe was in control Republicans said CNN, MSNBC, ABC! CBS, and NBC was the MSM and the propaganda arm of the Democratic party. Now the Republicans are in charge the Democrats say Fox, NewsMax, Breitbart are the propaganda arm of the Republican party. I don't watch any of it or local news. I read Fox, Breitbart, Drudge, Newsmax and occasionally Whatfinger and take it with a grain of salt. Yahoo and Google is clickbait garbage. All the articles on Doge I don't believe half of it unless there's a mugshot of a fraudster
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Lets be honest here. I don't think Trump anticipated the impact to the stock market when he put these tariffs in place. Then after seeing the impact, it became very clear the negative impact this was having on most of the country and I'm sure someone in his administration convinced him to put a pause on the tariffs at a minimum to alleviate some of the initial impact.
This isn't Trump being some master negotiator and this was all part of his plan from the get go. He made a decision, saw the negative impact was too great, and changed his mind. We'll see what happens his 90 day pause is over.
It is interesting to watch Walmart's stock price since all this went down. Its safe to say that probably 90+% of Walmart's non-grocery goods are likely imported from China and yet the higher the tariffs on China go, the higher Walmart's stock price goes. In the last month the stock price is up almost 10%. This goes directly against how investors are treating most every other company on wall street. What gives with Walmart?Comment
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WMT is a consumer staple company as opposed to consumer discretionary company. Staples usually do well in a slowing economy and recession. It was $90 prior to the tariff selloff. Now it's $95. It's performed a little better than Costco.
I don't think it was what the tariff announcement did to the stock market that caused Trump to inact the 90 day delay as much as what the announcement did to the Bond market. The US Bond market experienced a selloff which almost caused the Federal Reserve to take action. We don't know who or what country sold as that won't be announced for a couple of months. It may have been China, but China selling US bonds wouldn't make sense for China in their present economy. This is why the US must reduce its $36 trillion dollar debt. Our debt goes up $4.4 billion/day. If enough bondholders redeemed their bond holdings it could really cripple the US economy. We saw something similar to that during the financial crisis of 2008-2009 but on the mortgage side of the bond market.
But where else can a country put their billions of cash and make 3% or 4%?
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This is the real danger......China does the 100 year look ahead, not the next election cycle. I wouldn't be surprised to find out China dumped bonds to send the message.........
The truth is we still have to get out from under that threat. We have to stop relying on China for everything from medicine to plastic cups.
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