Money & Economics

[johnfitz]

Trump says countries are 'kissing my ass' to make trade deals​

 

[bigredfish]

Holy Shit!

LOL

10yr Bond auction see huge buying, Stonks go Up!

And Trump pauses tariffs

Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.

At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.

Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, ...

...I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.

Thank you for your attention to this matter!

 

[johnfitz]

HE TOLD YOU SO!!! LOL

I wonder who the winners were and who the losers were?

 

[johnfitz]

The White House is clarifying that Trump’s announcement of a 90-day tariff “pause” means that the “tariff level will be brought down to a universal 10% tariff” during that time, while “negotiations are ongoing.”

That respite does not apply to China, which will see U.S. tariffs on its goods rise to 125%.

 

[Sybertiger]

Holy Shit!

LOL

10yr Bond auction see huge buying, Stonks go Up!

And trump pauses tariffs



View attachment 218800

Hilarious how the master troller is effing with CCP. Okay, CCP...you sell bonds so we'll get some buyers for you. What a nice guy POTUS is!

 

[Sybertiger]

About that time of day for day traders to sell off to lock in their profits. NASDAQ 10% not too shabby for the bulls.

 

[bigredfish]

Quite the ride

 

[bigredfish]

Heading for a 3000pt Up day.

Amazing

 

[bigredfish]

Has to be quite the margin call pain train for those short

 

[bigredfish]

I’m hearing that the bonds tanking scared the crap out of them thus the reversal.

 

[johnfitz]

Sellers have started raising prices on their existing stock...

This eBay camera was priced at $223 this morning:




and this B&H TV was priced at $246 this morning:

 

[mat200]

r

I’m hearing that the bonds tanking scared the crap out of them thus the reversal.

Yes seeing that news posted numerous places .. was hoping they could hold the market down a bit more until my next pay check

 

[Sybertiger]

The finish.

 

[juliand]

Bit coin is KING..

 

[EMPIRETECANDY]

I think Xi will make a deal with Trump, just need to wait some days, maybe tomorrow.

 

[David L]

 

[samplenhold]

I got this one a few years ago:


And my wife and I got these at the same time:

 

[johnfitz]

I think Xi will make a deal with Trump, just need to wait some days, maybe tomorrow.

If a Xi/Trump deal takes longer than that, I suspect Donald will exempt Tesla from the tariffs. He wouldn't want his buddy Elon to turn on him.

 

[johnfitz]

I’m hearing that the bonds tanking scared the crap out of them thus the reversal.

So, Trump folded and inadvertently exposed a huge weakness.

 

[mat200]

So, Trump folded and inadvertently exposed a huge weakness.

takes 2 to tango ..