Another thought – as I often do in these situations – is how the US (especially the likes of Fox News, Newsmax and others of their ilk) would respond if it was the Democrats in charge causing the same level of damage? Given the fact they lost their shit about a man wearing a tan suit, I'd think some would probably be demanding life sentences or even the death penalty.
his favoured tactic is to get something, then say that's what he intended all along and change direction.
Very much so. Americans have to use the markets for all their pension funding. Plus a number of them will be heavily invested in the NASDAQ. A lot of his ‘supporters’ who thought he’d be good for the economy / their wealth will be very concerned bordering on angry at this state of affairs.
Directly yes, indirectly no we are just as exposed, where do you think there British pension pots are invested? I'm not daring to look at my personal or company pensions, luckily I don't plan to retire for another 8-10 years.
That’s very interesting.
Yes,both going down on him
The MAGA lot love the idea of ’Draining the Swamp’, it’s just that none of them realised that they are what Trump wants to drain from the swamp. They are the equivalent of the Expat’s that lived in Spain and voted for Brexit. Wankers the lot of them.
Trump needs to be offered a way of doing a U-turn whilst framing it all as a win with the massive stock-market crash being Biden's fault.
Indeed. Jake Broe has even floated the possibility that ("safe") US Treasury bonds could tank in the next couple of weeks if China, India etc decide to sell theirs.
"It's a beautiful thing...60 countries phoned me for a deal during my 3 days of golf this weekend. So beautiful, my narcisus are blooming
".
When Trump won in 2016 the S&P was 2000, this is one of the longest bull runs in US history.
My feeling too. Why trust the US market, treasuries, or strong dollar while he's in charge with his executive pen.
it's in the investment, forward looking to what to do in 6, 12, 24 months. one thing the finance people are saying is the trust is already gone, they wont be investing into US this year incase of further changes, reversals etc.
I saw that, he was trying desperately to find an answer that made sense, and failed dismally.Scott Bessant even said something like..."we're crashing the market now because , if we don't, it'll crash by itself anyway due to our debt"blimey
Not that knowledgeable on this but would this drive US investors to invest abroad rather than US markets?
