I love his tweets! So far they have been money in the bank, although at least once it involved taking a hit into a reverse on a tweet.
Let's see how the China tariffs have worked out so far. US imports from China down 8%. China imports from the US down 31%. Net result, China trade surplus with the US _increased_ 3%. So much for "Trade wars are easy to win" https://www.nbcnews.com/business/economy/china-s-imports-u-s-plunge-31-percent-june-amid-n1029151
already got Canada Mexico Japan Korea to fall in line.. Can't solve everything instantly.. and 1 month of data means nothing.
PPT as you seem to define it is a myth. There is absolutely no government buying influencing stock markets this year. Yet you live and die for this nonsense on a daily basis.
So S&P closed down less than 1%. Yes, oil got hammered...all that means to me is hopefully lower gas prices if it stays low. Bonds and gold up, which helped hedge some of my long-term holdings. Chicken Little can go back to his coop...
https://www.bloomberg.com/news/arti...theories-about-timing-of-trump-s-tariff-tweet The timing is beyond serendipitous.
Even if PPT exists, no one knows when they buy, how much they buy, etc. And in the long term, the market will do what it's going to do despite manipulation. So there's zero point speculating if PPT bought or not on a particular day. It's pretty much the same of all conspiracies. Even if a few are true, it's all behind the scenes and there's no value trying to guess about them.
I fail to see how you got Canada to "fall in line"; we clearly said get rid of the tariffs or no trade deal and magically Trump dropped the tariffs. The US business community was very clear not signing a trade deal with Canada would have been a disaster for many of them. I suppose if some of you want to believe in fantasies it hardly matters if the trade opens up.