Trump 2.0

[Cooperman]

Or he was eaten by a bear.

It could be another absolute blood bath today - Dow futures are down almost 1000 again. And China seem to have (unsurprisingly) decided to cause absolute carnage by dumping bonds. I just don’t know what Trump is thinking if he didn’t expect China to destroy the US economy in retaliation.

I suspect he’s sitting there absolutely crapping himself but his ego is too big to admit he’s made a huge, huge mistake.

Wait until his supporter base realises their Amazon shopping costs double within a week or so.

Bet you’re glad you’re not in that game anymore…

(Banking that is, not Amazon shopping)!

I have exactly the same suspicion. China will look at the bigger picture and take the long game approach, they are usually patient in matters of economics. Their calm approach and hardball tactics are quickly going to start hitting the pockets of everyday US folk.

 

[TheLoneRanger]

I wish a bullish hammer would drop right on his orange swede.

Is that anything like Maxwell's Silver Hammer??

 

[Niigata Jack]

I have exactly the same suspicion. China will look at the bigger picture and take the long game approach, they are usually patient in matters of economics. Their calm approach and hardball tactics are quickly going to start hitting the pockets of everyday US folk.

And us no doubt, trump is the biggest clown and blagger ever to get the Presidency, what were the American people thinking of, they've been royally duped.

 

[Neath_Jack]

And us no doubt, trump is the biggest clown and blagger ever to get the Presidency, what were the American people thinking of, they've been royally duped.

The people that voted for him are the same types that vote Reform over here.

 

[Niigata Jack]

The people that voted for him are the same types that vote Reform over here.

Who do you vote for now, none of them have got a clue, I'll do my usual and abstain and moan on here instead, there's more political experts on here than in Westminster

 

[jack_lord]

I'm told the Big boys have so far priced in his outlandish thinking, hence the big Bulls ready and waiting, driving hard at the week's opens (they sold at the peaks, with Buy orders to kick in at their Targets to Hammer it back up)
The Ultra High Volume hammers have so far held their retests despite the massive Bearish counter at ~8k, similarly Dow and Dax even more so. More Bulls poised below the Hammers for some more ding dong action.

All the while the Big Boy Market Manipulators are calling the shots and profiteering big time, selling the Peaks, buying the Dips at predetermined Levels

and that is what I detest about the system. Many of plebs are unwittingly reliant on pension fund investors to see out our years yet we suffer when events, like the above, murder the market while some still manage to get even wealthier. It is a big case of you have to be in it to win it.

 

[Neath_Jack]

Who do you vote for now, none of them have got a clue, I'll do my usual and abstain and moan on here instead, there's more political experts on here than in Westminster

Plaid, no hesitation at all.

 

[Nottinghillbilly]

Looks like the Big Boy Market Makers were right again.
Dow now testing Bears' resilience at 40k, FTSE 8k and Dax 21k.
The Big Boy Hammers held after multiple retests as they predicted

(The Secret is such an exotic venue on evenings like this)

 

[Niigata Jack]

Plaid, no hesitation at all.

They won't get in No 10 mun Plaid won't get in here either, in my opinion

 

[TheLoneRanger]

Tariffs latest: Trump announces 90-day pause on most tariffs - but raises them on China again

In an escalating trade war, Donald Trump says he is raising tariffs on China to 125% "effective immediately" after Beijing vowed to impose extra tariffs on the US. Listen to The World podcast below, on how things could change for Trump, as you scroll.

news.sky.com

 

[Neath_Jack]

They won't get in No 10 mun Plaid won't get in here either, in my opinion

Don’t need them in number 10, got to walk before you can run.

And you’re right, they probably won’t, because people are too lazy to look at what they’re actually voting for, or they’ve had their head turned by the Reform lot. People who put their x alongside them are complete drips, the same as the MAGA lot.

 

[Londonlisa2001]

In a surprise to absolutely no one, the stock market carnage got too much for him and Trump has reversed all tariffs for 3 months apart from China.

He didn't last long. The final straw was him having to do something bloody quickly before today’s auction of US Treasury Bonds which could have resulted in the Fed needing to step in and his hope of interest rates dropping would have gone.

Obviously his supporters will swallow the whole ‘everyone got in touch’ nonsense.

Just leaves a war between him and China.

But now they, and everyone else, will know that they will win a game of chicken against him.

 

[Neath_Jack]

In a surprise to absolutely no one, the stock market carnage got too much for him and Trump has reversed all tariffs for 3 months apart from China.

He didn't last long. The final straw was him having to do something bloody quickly before today’s auction of US Treasury Bonds which could have resulted in the Fed needing to step in and his hope of interest rates dropping would have gone.

Obviously his supporters will swallow the whole ‘everyone got in touch’ nonsense.

Just leaves a war between him and China.

But now they, and everyone else, will know that they will win a game of chicken against him.

His supporters will definitely dress it up as a win.

And kudos to Starmer, he played a good hand.

 

[Londonlisa2001]

His supporters will definitely dress it up as a win.

And kudos to Starmer, he played a good hand.

Yeah, although I’m not sure how they will ignore the whole ‘we’re doing it to bring manufacturing back to the US’ argument of just last week.
And the consumer hit of the China nonsense will be vast. His problem is that they’ve been so aggressive with him that he won’t be able to spin anything in his favour.
Morons, the whole lot of them.

Trump’s last few weeks is so similar to Liz Truss’ situation it’s uncanny.

BTW - on the Starmer point - can you imagine the disaster that this would have been if it was Johnson, Truss or Badenoch.

His natural ‘stay calm’ persona is working well.

 

[exiledclaseboy]

It was all Warren Buffet’s doing. The genius.