The Europeans must be thanking President Trump as the European stock markets keep on breaking record high. Dax, CAC40, FTSE ... just broke the record high due to their defense stocks/spendings MAGA ---> MEGA??? Make Europe Great Again? Europe were superpowers for thousands of years.
I dont know why there should be gloom. We just went thru what was an unspoken WW III and its over. And, as usual, Western Europe Lost. This time around the major Asian power held back and didnt get involved (thank Goodness). But the rest of the main players were fully involved. But the world war is over. We should be in a mind set of Post War. And all that a post war entails. And as usual Fredrick, There are people that Lost. And they are very very angry. There will be gnashing of the teeth. There will be seething. There will be all the Stages of Grief. Right Now we are in DENIAL. * Denial * Anger * Bargaining * Depression * Acceptance
Amazing how fast Trump has flipped a decent economy to possibly a recessionary one overnight with discretionary policies. I always wonder how many "traders" can truly profit on downside trading in these scenarios given the timing issues and the losses they may take on in other parts of their financial world ( eg declining housing prices, rising inflation and interest rates, job losses if they still have a day job ).
The stock market performance is bad for this time period since 6th November. The initial run stopped completely. Now I can only hear that tariffs will come for sure. And that thing that China is weakening their currency to add another 10%. With that kind of arguments you will have 100% at least. To be sure he can cut tax rates then because of tariffs ? He cannot do this alone and to finance this with that is very risky. Cutting tax rates without DOGE success is just debt explosion, not the best scenario. And if everyone makes his tariffs, that is not included in this current market, I guess. So far I am not really convinced on Trump because of the bad stock market. I get the impression Trump wants to be middle point of everything in the world. As long as it all about him...for short term trading you already must have a Trump radio all days.