Germany is planning to take their gold back to German soil.
But at the same time China is planning to ban import of American movies, so maybe this whole thing will get to a suddenly stop. Don’t f. with the mouse, you know 
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I deposited cash into my 3a yesterday. It will take a day or 2 before it is invested, so expect a big bounce in the stock markets today! 
You’re welcome.
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It’s working!
I’m up two cars* today, thanks @PhilMongoose!
Edit: 1 1/2 cars now only. Can you please check if that cash deposit went through properly?
* After being down about 10 cars since last Wednesday.
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OK, maybe 3 Dacias today. But since December down 5 Ferraris.
Not a car guy anyhow…
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Unless anything unexpected happens, the big tarrifs will go live tomorrow. That will stop the bull trap.
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Market participants may be panicking but it doesn’t feel to me world leaders are. Their answers seem to make strategical sense to me and it feels to me like they don’t feel like they have much choice but decoupling from the USA.
Trust is a hard thing to conquer once it’s been lost and future investors may be looking at different numbers when looking at the expected future profits of US companies years away from now.
That being said, confirmaton bia can be very deceptive and I’ve been looking for signs of other countries stepping up so I am biased and may very well be wrong.
Yes, makes sense too. I actually agree with the argument that expected future US profits will be low but I am trying to challenge myself to see arguments for the opposite as well.
For sure there are two distinguishible things, people trusts towards US and leader trust toward the US. Markets are being lead by people (pro and no-pro investors)
Leaders know -or should know- the rules of the game, regular people (including investors) don’t. Regular people is highly influenced by media & mainstrem opinion so there is a gap between what happens and how it is perceived and this have big consequences in the stock market. In turn, for leaders is a matter os geopolitical strategy to get eventually the decoupling from the US but we are far from there in my opinion.
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Trump tariffs: White House says 104% China tariffs take effect at midnight
The so called bounce is over
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I guess my 3a purchase must have gone through around 10.30am then.
USA will be bankrupt if they apply this… How the hell will their companies finance and invest in new goods to product locally and to sell goods to their own citizens? Trump is just a crazy retarded human being…
I don’t understand how the hell the world is not making deals with others country or why they don’t apply tariffs on US SERVICES for instance… I hate these people who vote for this insane guys… Poor America…
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“The entire administration has always said that President Trump is willing to pick up the phone and talk. And the president met with his trade team this morning, and he directed them to have tailor-made trade deals with each and every country that calls up this administration to strike a deal,” Leavitt told reporters at the White House press briefing.
Trump will have to cut tariffs in one way or another, so I think deals will be made.
He can’t get his factories without the deals. Nobody is going to set up factories until the situation becomes more clear. Nobody can afford to set up a factory if the machines they need to buy to operate it are going to be tariffed at 104%.
I think I understand your frustration but I think you need to understand where countries have leverage and where they don’t . Certain services have regional alternates but certain services do not.
For example -: all the cloud services cannot be replaced just like that. It will take long time to move to domestic providers if they already exist. But for EU, close to 90% of cloud services are coming from US top 3. Domestic firms don’t even have the infrastructure right now to take over. I think EU will have a disaster if US IT services are switched off. Applying tariffs on them simply means higher cost for their consumers and no impact on providers.
China is in different position. Yes they will suffer with low imports to US but they don’t care about what they get from USA specifically because US doesn’t make any goods that China cannot make themselves . And China don’t depend on US services like EU. Thus they are striking back like real superpower
Unfortunately Trump want to prove he rules the world . China might not agree Why do you think Canada was not part of Liberation day? Because China will threaten to pull the plug on rare earth and US would need Canada to support
US wants to fix trade imbalance without first building production capacity. It seems all of the issues are being addressed in reverse sequence
No capacity to even cover local demand.
Apply tariffs to force companies to build factories
What’s happening in the meantime ?
This expectation of companies to absorb tariffs and not raise prices is not reasonable.
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Will Musk make it 'till June? https://edition.cnn.com/2025/04/08/business/elon-musk-peter-navarro-comments-tariffs/index.html
My bet is no.
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I realized this a couple years ago as I saw that Swiss Universties are actually dependent on US services for cloud storage and email services. I understand private companies uses third-party services as this one but organizations should not be as dependent on this kind of things, specially for data storage. This is of course due to the lack of local infrastructure for it, which I understand as well… but it is a concern in term of security and stability (in the kind of situations we are living today)
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That was incidentally just part of the Odd Lots podcast (What tariffs Are Doing to Noth American Freight) I listened to today: even people who already wanted to build factories are putting plans on hold now since it’s unclear how much the foreign sourced machinery will cost them and whether they’ll see a return on their capital.
Unrelated: I went from up two cars to down one car today. I’d like my money back, Sir!
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Yes. EU is very dependent on US for IT services because US has always been an ally. Now EU is trapped. Cloud, Social Media, AI - everything. Not sure what would it take to diversify.
Similar to what happened with Natural gas in 2022. EU was very exposed to Russia.
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Don’t forget the mountains of data we’ve given to US firms by simply signing up to any old crap via gmail, google maps, social media eh?
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Swiss universities, a bunch (maybe all) of communal administrations (including for taxes and identity data) and probably a whole bunch of government services.
I’m no specialist of the field and there may be security reasons for it (Microsoft being better at it than Infomaniak) but even if using external options, using a Swiss provider would be a possibility (said Infomaniak).
I don’t understand that there isn’t yet a public infrastructure developed at the federal/cantonal level that the communes could use with a higher level of safety and autonomy than they currently do.