Thank you. Yes, I had no idea about this tariff thing. I just trade... But watching major sources like CNBC, or the "The Wall Street Journal", turn into garbage is sad. 20 years ago, you could actually learn from these sources. They are pure SHIT now, filled with amateurs. https://en.m.wikipedia.org/wiki/CNBC
You don't watch any cnbc? The halftime report i think is good. That guy does drill some good questions to his panel... And then fast money I listen to just to hear their opinions....guy and Dan are the 2 that really give out the true story.
ZERO. It's all in the price. They don't know anything, otherwise they would be making money trading. Think about it. Their journalists, fresh out of college are being paid intern salaries. CNBC is BROKE!!!
China will NOT back down to Trump's tarriffs!!! AND US will NOT back down to Xi's tarriffs!!! ie the amount of trading opportunities doubled.
us stocks are not cheap by any measures, coupled with earnings contractions in the next few quarters at least, they to revert to the mean.
How do you think this ends? This may not affect, say Vietnam, but it puts a lot of pressure on democratically elected leaders to retaliate (if they want to have a chance of being reelected, that is). Also, the two biggest players, EU and China don't seem to bent on kissing...
84% unexpected. 84% buys 3-4 months. $220B/year loss—$18B/month—$108B by Oct. $50B debt due—covered ‘til Q3. Reserves drop 10%-15%—pain’s real. Xi caves when banks scream—summer’s the line. August is when China folds.
Riots won't wait until they can offload the 1.9T. Economic pain outpaces reserves. Fast is only what's liquid—759B. It's not enough.
Shorts the play for KRE. Ghost gave his—tripped on price. I echoed—not my play—definitely my slip. Should've double checked live feed. Chewed on your reply. 7T is cap but cap ≠ rev. Maybe 3T—4T max. Blackrock? 100B touch of 10T AUM. China wiping Apple/Tesla? Self own—crushes investor confidence—Capital flight—akin to US weaponizing SWIFT against Russia. Other countries question—"who's next"? Any retaliation from China = Backfire economics.