Canada’s President, Trudeau, said US tariffs were “totally unacceptable” and issued his own set of taxes to be levied against US products. Over in Europe, they did the same and I’m sure down in Mexico too. It’s the greatest nothing show the world has ever known — men clad in burlap outer garments trying to act tough, but in reality they have zero aircraft carriers.
The United Steaks can literally wipe Canada off the face of the planet, occupy all of Europe and force them to speak our brand of English, especially during business meetings.
I suppose some people are concerned about the tit for tat nature of these tariffs, but I’m not. I’m sure this is more Trumpion economics, the proverbial art of le deal. Very soon, Mr. Donald Trump will appear glowing from this blessed grandeur, a negotiating machine, inking new deals — saving the American people billions. People throughout the world will like it too, because a good deal is good for everyone, right?
This being the last day of May, let this serve as a reminder. Tomorrow the Exodus Quant portfolio gets an adjustment. For the month of May, returns looks to be at ~5%, sharply crushing those of the SPY. For free trialers wanting to join the league of gentlemen and become a proper paying customer, pleas wait until your trials have expired.
All in all, today was a fine day to eat sandwiches and ignore the market. I stepped in and bought SMAR and that worked fine. Maybe tomorrow I will sell BITA, once it gallops above $30. We’ll see.
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Haha :
“Trade War”
wasn’t over
moar woar trading, Trump style
Rotate into VIPS.
SMAAAAR
Tarifs and trade brings inflation. Position portfolio accordingly. FYI, their is no president in Canada but I know no one cares in the US.
JMHO
Trudeau is such a joke, but I understand he has to say it’s unacceptable and flex his fake muscles.
But all in all, isn’t what all goverment want , more taxes ??
What will they talk about at the G7 meeting next week? Gender equality.
Shocked if Trump attends (renegged already for all I know).
Trump will no-show G7 meeting because tariffs?
Hard to be a Canuck. When a faggot “President” lead by the balls by some vampire Queen calls the shots along with the obligatory Commie landlords. Fucking cold too.
Too bad the women in Kannada voted for a tranny wanna be. It’s very sad considering his father was a good man in his time.
US has trade surplus in steel with Canada. Countervails will prove these measures to be dumb because that surplus will now be subject to tariff. US steel supply is inelastic. The resulting supply deficit makes everything produced with steel much higher. Everyone gets that tariffs introduce market inefficiencies, right? It’s MOAR tax. Where is the benefit? Tariffs are a step backward by more than 100 years of economic progress. Someone excited about tariffs please explain why this makes sense.
Well reasoned posts are not welcome here!
Canada should join the EU pronto.
Russian banks, probably backed by mobsters, are likely the only ones financing the businesses of your tweeter-in-chief, President Feltersnatch. But it is the FBI that should be investigated, right?
Russia is a significant supplier of steel and aluminum to USA – yet, unlike Canada and the EU, not considered a threat to national security, so no tariffs for Russian steel and aluminum.
You cancel shows, or demand said cancellations, because of the outrage over words used by comedians, but seem content to allow the periodic murder of your children in their schools.
I could go on, but the point is this … you speak like “American Exceptionalism” is a thing, but we don’t think those words mean what you think they mean.