It’s always fun to see stuff happen that people warn us in advance would be disastrous. Remember the debt ceiling crisis or when S&P cut the rating of US sovereigns or when the government shut down and it was supposed to destroy mankind?
How about Ebola or Greece or perhaps Italian elections, or BREXIT — or Trump getting elected?
Everything means nothing.
“Our talks with China, a lot of interesting things are happening. We’ll see what happens … I could go up another at least $300 billion and I’ll do that at the right time,” President Donald Trump said Thursday.
Negotiations between Beijing and President Donald Trump’s administration took a turn for the worse in early May with the increase of tariffs on $200 billion worth of Chinese goods exported to the U.S.
I’ve come to find out that the market and the economy aren’t affected by anything at all. It’s too big for any one item to derail it. As such, you should go about your lives freely and confidently, knowing that literally nothing can stop it from going higher.
Dow futures are +80; Trump threatens China with more tariffs. More nothing. China is not all that important, after all.If you enjoy the content at iBankCoin, please follow us on Twitter