Ray Dalio wasn’t too far off this time -
Some months ago he was talking about a “changing world order”.
(which I most often cynically dismiss, but this situation certainly smells that way (if it persists))
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Well a broken clock is right once a cycle.
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Anyway. I’m assuming as my base case that the 10% tariffs stay and most of the reciprocal ones drop except for China and a handful of others.
In the meantime -:
Mr. Trump said that he had spoken to officials in Europe and Asia and that they were “dying to make a deal.” He reiterated that Europe had treated the United States badly and added that “there’s no talk unless they pay us a lot of money on a yearly basis.”
I think this is what will happen. Not in the next few days, but maybe until summer or fall.
Countries making deals investing into the US, leading to their tariffs dropping to 10%.
The 10% might only drop in 3½ years though.
interesting, I’m really pessimistic about the tariffs dropping now, but after the midterms I’m somewhat optimistic about congress finally revoking the law trump uses.
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Literally a gang boss forcing to pay protection money. A criminal is the most powerful man on earth.
Is this how people felt when Hitler started doing his thing?
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Maybe in beginning it was like “yay awesome, we will be rich on expense of others “
And then slowly the definition of “we” kept becoming smaller and what the rest could do also became insignificant
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I think the tariff exist for two reasons.
- to help his russian boss. Why no tariff on russia? Because there are already sanctions, no wait, because they are in peace talks. So why Ukraine has sanctions?
- to control the US. They control the news (apparently?), they have a hold on universities ( the thing about protests, if true), I’ve heard something about law companies but didn’t read anything factual, Now they expect ot get calls from companies to make deals. Why should it be Vietnam to make deals and not nike/whoever?
At least 50% of the news. Just check out foxnews.com and be impressed that there is not a single negative comment about the stock market in any headline today.
Not even a neutral observation of “stock market is down today”, nada.
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I don’t think so. We are already past a crossroads.
Oh yes it is.
I found this article very interesting and it has brought me to my opinion of both ‘having voted for’ and ‘going back’: The American Age Is Over - by Jonathan V. Last
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In a nutshell, law firms which Trump doesn’t personally like, for whatever petty reason, or hiring people he personally doesn’t like, or filling cases against things he personally likes will not get contracts from the US govt. This is not made up.
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Well, they can sue the gov then 
. I’m also pretty sure they will have loads of customers soon.
Do not underestimate the power of US govt. the executive order basically means the law firms were considered persona non grata and would directly impact not only law firm but also their customers. Few of the top law firms have already caved and agreed to do pro-bono work for Trump in tunes of 100 million USD or so per annum.
Read further here
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Isn’t lutnick’s company long fixed income?
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That’s apparently what Bill Ackman says? Another trustworthy … finance bro.
I don’t believe any signal except @Cortana shorting something
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like the Congress under Biden that was able to stop Mr T to run for a second term?