Trump softens tone on trade wars
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@Mik said in Trump softens tone on trade wars:
As I've said other places, I think he's taken some very bad advice.
Even Kamala wouldn't have fell for these bad advice.
@Axtremus said in Trump softens tone on trade wars:
@Mik said in Trump softens tone on trade wars:
As I've said other places, I think he's taken some very bad advice.
Even Kamala wouldn't have fell for these bad advice.
No, because she would have been passed out in a pool of Cardbordeaux.
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@jon-nyc said in Trump softens tone on trade wars:
Futures are up nicely.
Yeah, still down like 10% based on an unforced error. I know the market was frothy, but the fundamentals and the momentum seemed to have been steady.
@89th said in Trump softens tone on trade wars:
@jon-nyc said in Trump softens tone on trade wars:
Futures are up nicely.
Yeah, still down like 10% based on an unforced error. I know the market was frothy, but the fundamentals and the momentum seemed to have been steady.
Not really. There were substantial problems with PE ratios on many of the top stocks. And I’m not talking about slightly elevated… I doubt this mess has helped.
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Buffett sold 80% of his Apple stake over the past years, and maintains his hoard of cash. I don't suppose that will look like a bad idea a year from now. But then again, Trump will do whatever he can to infuse inflationary cash into the economy, if things look bad by the numbers, which will inflate the market. It's a casino now, which I guess is one of the reasons Buffett wants so little to do with it.
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@Axtremus said in Trump softens tone on trade wars:
@Mik said in Trump softens tone on trade wars:
As I've said other places, I think he's taken some very bad advice.
Even Kamala wouldn't have fell for these bad advice.
No, because she would have been passed out in a pool of Cardbordeaux.
@LuFins-Dad said in Trump softens tone on trade wars:
... she would have been passed out in a pool of Cardbordeaux.
That would still be better than the current reality.