The 10 months sma just above. 10 days & 10 weeks below. Let's see if it holds $3.20 Might push to 7.50. IDK
It is Friday. Trump seems to want a severe recession. That seems odd to say but that makes certain assets cheaper for the super rich to take over. I really can't come up with a better reason for this intentional ruining of our economy.
Yes plenty of company will be in difficulty, Then they will sell for cheap near bankruptcy. Maybe Putin will buy bankrupt America ?
You can't go from thriving economy to this without it being 100% intentional. Not this fast. Tradeweb Markets reports March trading volume $59.6T, ADV up 49.9% to $2.71T » 07:36 TW Crude oil is plunging. 34% April 10 from China. We have until then to make nice. Otherwise why ship anything to the US let our store shelves run empty as the value of the dollar sinks and the economy drags in the mud and then stalls completely. We are doing this to ourselves. Why step in. 58% of economists believe there will be trade deals and this won't stand. But if Trump is disoriented and old and being helped to the podium which are the rumors-- there is a chance that Trump has Vascular dementia. One of our dear friends Mom has this type of dementia and it is very rough, the patient gets very angry and lashes out. And that appears to be Trump's mindset now.