iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,680 Blog Posts

IT’S OVER: THE TRADE WAR HAS ENDED — BEARS ARE DEAD

Any ideas you had making money on the short side are effectively dead, starting with tomorrow’s trading session. Dow futures are +210, Nasdaq +55.

The Trump administration is declaring victory over China tonight, an end to the tumultuous trade war of 2018 that effected absolutely no-one. If there’s one common theme with this Trump regency it is a lot of hat but very little cattle. Sometimes he tries to get cattle, but then they’re quickly stolen from him.

Either way, the status quo has prevailed and globalism is alive and well, a BTFO for the midwestern fuckover states who so desperately desire to become employed by grist mills and steel factories for American blue collared arm sawed the fuck off plebeian labor.

I’d rather be dead, than see my son’s work at a fucking grist mill.

I expect my positions will fly higher tomorrow.

As you were.

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14 comments

  1. tmmdn0

    Fly, that is some funny ass shit.

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  2. mx2101

    Kind of a fundamental question, isn’t it? Apparently milllions of Americans would work in gristle mills, or breathe coal dust. Does this mean they can’t do anything else?

    Even more astounding is the cost basis of life in rural America. Perplexing.

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  3. mx2101

    I mean if I had to survive on trading, I’d love to be in a low cost basis living situation.

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  4. MSGT HARTMAN

    Where do we send the flowers?

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  5. acehood

    God forbid anyone run a trade surplus with the U.S.

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  6. dae42

    I only get nervous when you’re bullish.

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  7. clock

    I’d rather be dead, than see my son’s work at a fucking grist mill.

    Grist mill……or anywhere else right Dr. Fly?? 🙂

    WORK is a 4 letter word for most those under 30 or so.

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  8. ericbakerbruce
    ericbakerbruce

    This just means the day will end down 200

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  9. juice

    Trump Makes Globalism Great Again

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  10. ferd

    “Trump regency it is a lot of hat but very little cattle”

    The king has reduced himself to a mere figurehead …a distraction. And yeah, globalism may be proceeding, but after Trump’s complete capitulation to the Israeli dictates, it will do so without the US having the voice that it did have.

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    • numbersgame

      You missed Fly’s best line:
      “Sometimes he tries to get cattle, but then they’re quickly stolen from him.”
      Case in point: KJ in NK

      With China, I think Trump was more bluster than anything, and he didn’t even want to hurt global trade, but just make it look like he did for his working-class supporters. With NK, I think he really wants to get rid of their nukes, and doesn’t care (unlike Bolton) if KJ stays in power. However, now it looks like KJ is goign to take away his footbal just Like Lucy.

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  11. rangersfan

    bili bili

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