StevenFromTexas
Getting comfortable
I bought stock today (April 3, 2025) . . . may buy more tomorrow.
I inherited an IRA from my Dad that has a Municipal Bond making 7%, sadly I have to sell it soon because I have to drain the IRA within 10 years.Yep, as you know i have 0 exposure to the market. I like my boring steady guaranteed 5%
I bought stock today (April 3, 2025) . . . may buy more tomorrow.
That is so easy.Except Buying! Buy low, sell high. Is that how it works?
This is the best description of what is supposed to happen with tariffs and the shift towardsreducingslowing the increase of debt and looking outward for revenue vs raising taxes.
I’ll admit to only really comprehending about 1/2 of it. But the best in the finance industry seem to be in the same boat so there’s that
If you read her whole thread it kinda sorta makes sense…
This is the best description of what is supposed to happen with tariffs and the shift towardsreducingslowing the increase of debt and looking outward for revenue vs raising taxes.
I’ll admit to only really comprehending about 1/2 of it. But the best in the finance industry seem to be in the same boat so there’s that
If you read her whole thread it kinda sorta makes sense…
Twitter / X .. looks like they are forcing people to sign up to read the threads
iirc either Scott Bessent or Howard Lutnick had previously written a piece which may have some insight to the recent White House moves .. don't recall if it was a piece in the economist or similar
too many pay walled places now a days
Here's the thread for those not on X :
![]()
Thread By @tanvi_ratna - Trumps new tariffs arent a trade tweakth..
Trumps new tariffs arent a trade tweaktheyre the first move in a fullspectrum reset 92T in debt matures in 2025 Inflation lingers Alliances are shiftiunrollnow.com
Interesting Read ..
I do not see USA able to fully get the industrial base back into the USA
Europe will still see Russia as a greater threat to them than China, while the USA sees it the other way around.
I do not see how they can reconciliate this.
USA defense industry definitely getting a hit as USA has now proven beyond a doubt it is not a reliable supplier.
I suspect USA will lose more money from defense contracts now than it has spent on the Russo-Ukraine War.