I don't care if you are the biggest Trumper ever. This is insane. Businesses need stable trade and markets to operate efficiently.
6 hours ago, the headline was 100% the opposite. Punishing them for energy retaliations.
Dude, pick a lane....
Discussion
It's on purpose. I think the argument that they're trying to get people out of stocks and into bonds is probable.
I think that is Bessent's idea, yes.
Trump is clueless and emotional. He actually believes tariffs are a good idea, but gets push back from banks, friends, company leaders, and backs off.
It's also not working anymore it seems. After the early flash crash, 10year has stabilized.
Temporary pain for better things later. I don't see emotional flailing, I see a calculated plan being put into action.
It's nonsensical. There is no better things coming, as the federal government will not stop the money printer. It's fake.
They will spend more, they will print money.
It is a bandaid in order to try to get lower rates tonrefi some debt. Markets don't care.
Silly silly silly...
Opt out #bitcoin
I run multiple businesses. I have supply chains, one of which has material that isn't available in the US and that I must plan for months ahead of time. It is quite literally my job to focus on this nonsense. Unfortunately.
But yes, I'm all in
Sorry I'm definitely in my own bubble :P
This stuff is nuts for sure