Trump baited them in! 🎣

Reply to this note

Please Login to reply.

Discussion

My only concern is China dumping bonds. That’s going to strengthen our dollar, which actually isn’t good when we need to refinance our debt.

A month or 2 crash wouldn’t have been a bad thing so we could refinance. I think that was part of Trump’s plan, and China threw a huge monkey wrench into it

Well if I was playing the Banker's hand I'd wait till midterms to crash the market because they can blame it on Trump and maybe retain some of their Democrat puppets.

I wouldn't think that China wants to wait that long with the tariffs in their face.

I think a 6-8 week 20-25% downturn like the 2020 V-Shaped Recovery would be ideal to burst the Wall Street bubble. The Main Street people have essentially been in a recession for the last 3-4 years and probably wouldn't notice in their day to day life.

Right now I think the Troll Master-in-Chief is fucking with Federal Reserve and forcing them to make a foolish move. The markets are "Panican" over China, LOL!

Trust me, I feel the trouble of that Main Street recession. I’m excited to see things finally improve.

Fortunately I've been well insulated. I spent decades preparing for these times. Don't get me wrong though, I've had my own battles.