Where were you in 2008? The S&P 500 is down 0.38% as I type this. Calm down, dude.
Trump Announces 10% Tariffs on 300 Billion!
- Thread starter Stockolio
- Start date
Where were you in 2008? The S&P 500 is down 0.38% as I type this. Calm down, dude.
Watch the Asia opening... Indian banks and HK were getting smoked already, European banking Index almost all time low, Spain/Italy ATL banks, Japanese banks dead men walking, and he pulls this...
https://www.marketwatch.com/investing/bond/tmubmusd02y?countrycode=bx
The Orange wants the credit markets to snap now, get the ZIRP and QE, then remove tariffs in 2020 and sign every deal possible, he is obsessed with the Equities Market, this is a calculated move... I think he will get more then he bargained for, he doesn't understand what is coming, especially if Congress doesn't approve the bail outs
2 YR was up around 8 %, Oil down almost 8 %
dude you over thinking it... Trump is just doing what he promised during the 2016 campaign... people are still shocked that a president is actually doing what he promised lol.
so what if Asia crashes... during the Japan crash and the Asia financial crisis, SP when up like nothing really happened... life is all good here.
Eurodollars... Lil china thanks Europe for the Trillions in USD they won't pay back... Turkey just did that, they told their banks to figure it out themselves, haha
Bye Bye Deutsche bank! If it snaps in Asia, it snaps everywhere... Asia had by far the biggest growth in GDP and debt in this cycle, you crush china, everything stops... This is bigger tho, collateral for loans in offshore Repo will only be sovereign bonds, they won't accept AAA in offshore, choking china from refinancing USD loans
https://www.fxstreet.com/analysis/c...ing-to-worst-reading-in-45-years-201907311702
Hahahaha....he didn't get the dovish fed statement yesterday so now he is implementing more tariffs on China...if he had gotten word that rate cuts would continue into 2019 he wouldn't have dropped that tweet this afternoon!
Today’s tariffs have NOTHING to do with Powell and interest rates - the Chinese are dragging their feet in the reopened trade negotiations.
Disagree
He didn't get what he wanted from the fed so he is implementing more tariffs on China creating fear in the market and overall global economy in hopes the fed comes in and saves the market with zero % interest rates.
The more fear the quicker the markets drop the quicker trump gets his reduced interest rates.
Like I said China has the upper hand. The US will lose with these tariff hikes.