Stock Market Blues

[Pete F.]

I don’t see why anyone would worry Bessent said we should be reassured by the market working very smoothly Friday.
And the rest of the cabinet understands the plan. You can see that because they were on TV at the same time:
NAVARRO: “This is not a negotiation.”
LUTNICK: “Of course they are” open to negotiation.
So with that clarity I’m sure the markets will react appropriately on Monday.
Posted from my iPhone/Mobile device

[spence]

Originally Posted by Pete F.

I don’t see why anyone would worry Bessent said we should be reassured by the market working very smoothly Friday.
And the rest of the cabinet understands the plan. You can see that because they were on TV at the same time:
NAVARRO: “This is not a negotiation.”
LUTNICK: “Of course they are” open to negotiation.
So with that clarity I’m sure the markets will react appropriately on Monday.
Posted from my iPhone/Mobile device

I learned on This Week that consumers won’t feel price increases because they’ll just lower demand forcing foreign suppliers to reduce cost.

Of course this sort of assumes US manufacturers don’t import raw materials or foreign suppliers can’t sell into other markets.

What would be kind of silly haha funny is if we tariffed everyone so US suppliers wouldn’t sell as much abroad either so those markets would need lower cost suppliers. Haha silly.

We’re gonna be rich.