Traders Are Selling the News — But They’re WRONG

I’m back from the Benz dealership in yet another chapter in the saga regarding my fucking car. Smarter people than I tell me “go get a new car, moron.” But I will never bend or fold and will spend $100,000 in repairs before I acquiesce and cave into the sales department. I’m a wise men, smart even, but when it comes to dealing with cars — I am an abject idiot.

Markets are fading early gains — because they can.

The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder,” Trump said in a tweet.

The USTR office confirms the U.S. will maintain 25% tariffs on approximately $250 billion of Chinese imports, along with 7.5% tariffs on about $120 billion.

It’s a Friday, so I will grant leniency for this transgression. But stocks should not be sold, but instead bought with cannibalistic appetites. You might fret of delving into the indices at these levels, but remember that cowards live in the shadows and brave men fuck.