Ok, let’s go thru today’s list of crazy shit the President said, just to get it out of the way.
We can fight a trade war with China now because ‘We’re playing with the bank’s money’.
Trump: ‘We’re playing with the bank’s money’ on market’s gain since election to fight trade war from CNBC.
He’s taking aim at the Fed. How dare he!
China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day – taking away our big competitive edge. As usual, not a level playing field…
— Donald J. Trump (@realDonaldTrump) July 20, 2018
….The United States should not be penalized because we are doing so well. Tightening now hurts all that we have done. The U.S. should be allowed to recapture what was lost due to illegal currency manipulation and BAD Trade Deals. Debt coming due & we are raising rates – Really?
— Donald J. Trump (@realDonaldTrump) July 20, 2018
Trump says he’s ready to ‘go to 500’, referring to maximum tariffs on all Chinese goods coming into the US, in order to teach them what they need to be told.
Trump weighs in on the trade war with China from CNBC.
On this news, the dollar is getting claw hammered by 0.6% v the euro — because it implies Trump’s pressure on the Fed might translate into an easier Fed. And, that is having a positive effect on stocks. The Nasdaq is +!5.
See how fucking pointless this all is?
Buy stocks.
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When have the spastic death throes of empire ever been this entertaining?
SO the next quant picks are on 8/1?
the first of every month, you incorrigible retard.
I’ll give it a shot boss, give me a 30 day free trial in August and i’ll play the quants and post reviews in the comments all month (without disclosing positions)
None of thise really explains the recent negative correlation between rates and the dollar tho. Rare to see TNX and UUP moving in the same direction on a given day
America!!!!!
Regards
Chuck Bennett
TLRY crazy strong ipo day 2
Buy mushrooms. You know what kind. Unfortunately, you may have to wait for October.
I’m starting to like this guy Trump. Bring it on partner. Higher oil prices and inflation too.