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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Tariffs

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Comments

  • 'Concepts of a plan' I think is the more accurate description.

    In other words, a nothingburger. But he'll bleat that more nothingburgers are coming "in a few weeks" just like his infrastructure and health care plans during his first term.
  • Your attitude seems to be a bit negative. Better be careful there...
  • edited May 9
    Teflon Don saying "I have a big announcement...." = nothingburgers.

    Equity Markets - "Give us more of these nothingburgers. We enjoy the lack of substance - we just want a show!"

    Then, after the China negotiations go nowhere, Bessent will get the shaft. Teflon Don will do his little shuffle, play the blame game. Cha-cha-cha.

  • i.e., trump is telling big3 its time to cough up again...and offer that F150 special edition in mascara orange by trumpcoin only.

    https://fr8technologies.com/press-release/freight-technologies-secures-up-to-usd-20-million-to-create-an-official-trump-token-trump-treasury/
  • Hi @fred495 and @Observant1 Thank you for the articles/links.

    I'm sure the UAW pro-Trumpee's (who were about to have a love-fest in public with the Donald) while at a recent rally in Warren, MI are still self assured all will be well, given enough time. I suspect that where we live in Michigan, we may be able to hear the large head slaps when their day arrives. I 'only' visit two Facebook pages of far right folks who I worked with 20 years ago. Neither of these folks are writers in their own right. They only copy and paste 'whatever' from other FB pages into their sites. The point being.....these folks only find and throw the garbage and lies to their pages. There isn't any backup links or data about a given statement. This remains the problem that the reasonable folks having common sense can't grasp. These folks are lost and part of a cult. Scary stuff.
    They don't realize that they will likely become part of the damage taking shape.
  • "The recent elevation of Mr. Bessent, who is viewed as a pragmatist on trade, to lead the talks with China has also helped to calm markets."

    Is this the same guy who couldn't tell congressman Pocan who pays tariffs? We're doomed. Maybe he could use some of his millions to buy a textbook on the topic and study up.
  • edited May 9
    That is the same person, but he is serving too many bosses.

    Still try to figure out why he took this job when he made many folds more as a hedge fund manager. If that is not money, he must be aiming to get to a position that he could not get otherwise. My guess is the next Fed chairman when Powell’s term is up in 2026. There are other candidates in the wing as well.

    Now the tariffs is reduced from 145% to 80%. These must be the alternative math. Just serving a mob boss.
  • edited May 9
    @Sven- That's a little unfair to mob bosses. As a rule they're a fair amount smarter than Trump.
  • Old_Joe said:

    @Sven- That's a little unfair to mob bosses. As a rule they're a fair amount smarter than Trump.

    A turnip is smarter than Trump....

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