No. of Recommendations: 1
*singing* When will they ever learn, when will they eeeeever learn? */singing*
Never ever react immediately when some big new item comes out. (That's when the 5 minute google experts and the talking head newsreaders come out.) The first news is often wrong and/or incomplete. Wait 48 hours. With DJT, maybe wait 96 hours.
I didn't see that Apr 09, 2025, 9:37 AM Eastern tweet, but I did make a great buy with some leftover cash at 11:36.
I am not familiar with that song. I don't think it will make the Billboard 100 or whatever the modern equivalent is.
Trump's Art of the deal reveals a little bit about his negotiating tactics. There is never a win-win, it's if you win, then I lose. He is applying that to tariffs. Plus his thirst for attention by being unpredictable at all times. You can wait 96 hours or a lifetime for DJT, there is just no telling where he will go next.
I don't think Jim is wrong, and that geopolitics is important, but the immediate threat to the American economy is/are the tariffs. I don't understand how a 90 day pause equates to 8% increase in the future earnings of all stocks. Reading the DJT-leaves, Maybe the endgame is to levy a 10% flat tariff on the rest of the world so they think they got some relief from the punitive and made up numbers that he published earlier. And hit China as hard as we can because for some reason, they are our enemy number one. Maybe it's 1984 and Eastasia is now the new enemy instead of Eurasia.
Even though I have directed my latest posts in response to to your posts, I'm not trying to single you out. I just think there is a fundamental difference in our viewpoints as to what is happening to the American economy. Imposing tariffs are in the long-term, an extremely damaging decision for American consumers. We are going to be materially poorer,
pun intended. Even if, miracle of miracles, America manages to build up its agricultural and industrial infrastructure and produced most goods locally.
