"People looking only at the stock market are missing the full magnitude of Trump's economic incompetence. His "yes-no-maybe" idiocy with tariffs is leaving equity investors with no sense of which way to go. But worse is the bond market..../1

...the near-cliche of markets it that when investors sell stocks, they rush to US bonds. It's a rare time in our history that this standard response does not happen. But...now it's not. The largest holders of our debt are instead scooping up short-term t-bills and gold.../2

...this means that they are losing faith - or certainty - in the US long term economic future. The only way to deal with this is to increase interest rates - thus providing bond investors with higher rewards for taking what they perceive as higher risk..../3

...but Trump is so *damn stupid* ("foreign countries have paid us billions in tarrifs!!!" Lying moron.) that he doesn't understand Fed Chairman Powell's statements about interest rates are driven not be his magic thinking, like Trump, but by the realities of the bond market.../4

...if Trump has his way, he will put someone in who will cut interest rates (because again, he is an economic imbecile), leading to huge inflation, a massive dump of out long-term debt &...if his lackeys STILL refuse to raise rates regardless of the market...the US drifting.../5

...into a historically unprecedented scenario that the world could not comprehend. If the disconnect between bond purchases and interest rates is achieved - as moron Trump wants - the highest probability is that foreign government will increase the level of debt dumping..../6

...because the risk and the reward will have been decoupled. What would happen then? I have no idea. There have never been bond markets where risk and reward have no association with each other. Given moron Trump, he likely would lock up China's its US assets as "punishment"../7

...which the Chinese have already made clear would push them into heavy dumping of US debt. And that would be not only the financial end of this country, but would set off a worldwide economic calamity. Now are the people around Trump stupid enough to go along with this?.../7 ...I don't think so. So this speculation assumes Trump is able to flail around, inflicting his incomprehensible ignorance on the world without anyone being able to talk him out of it. Now, there are other signs that the world is losing faith in USA's economic stewardship.../8

...when the stock market falls apart, the other destination is the currency market - particularly the dollar. The dollar has been the global currency of safety for your entire life. But now there is already a breakdown in the dollar's longterm correlation with other markets...

...the relationship between rate differentials & risk have shifted sharply. The yen, frank & euro have moved much higher in recent weeks. The market for foreign currencies is now the most liquid in the world -even more than our stock market. While people are dumping dollars.../10

..the ICE U.S. Dollar Index, a gauge of its value against main currency rivals, sank to its lowest level in years. By comparison, the Swiss franc climbed to its strongest level in 14 years. When is the last time this happened? In the lead up to the 2008 financial crisis.../11

..so, everyone staring at the stock market is missing the real story. The bond market is sending dangerous signals. The dollars role as the de facto global currency is looking increasingly uncertain. Bottom line: Trump, because of his economic stupidity, is driving us...12

...toward economic catastrophe. And because the Fed Chairman reacts to reality rather than the Moron in Chief wants to believe based on absolutely nothing, he is now threatening to fire Powell. And that could well be the spark that lights our gas-soaked markets because all.../13

...possible belief Trump has any idea what he is doing, & the knowledge that there is no brake on his idiocy, will be gone for every investor who has any idea what they are doing. And if he succeeds in bullying interest rates down in the face of an inflationary environment.../14

...this country will be economically done. This is what happens when you elect a stupid man because he "owns the libs" & rants about transgender athletes: Things that matter are managed by an incompetent malignant narcissist who is incapable of accepting his own stupidity.
end"

This constant posting and screen time is not good for one’s health. Take a walk, I hear Sweden is beautiful. Wishing you the best from the USA.

. . . says the person that just trolls other posts complaining about the futility of the original post. Talk about having too time on your hands. Pot meet kettle.

The power to tax is the power to destroy. Now, Chief Justice Marshall wrote those words. He then declared the sovereign people through the exercise of sovereignty (elections) would never allow themselves to be destroyed.

The power to pass tariffs rest with your Congress, our Legislature, vested by the Constitution. The sovereign people act as the final Check and Balance upon Congress’ ability to destroy with taxation.

The Executive is not vested with the lier to create tariffs. The Executive is not vested with this power.

Our Check and Balance being our ability to elect a Congress with the power to tax, including tariffs, the power to destroy, is bring desired and stopped from us by this Executive’s unconstitutional and unilateral seizure of power to levy tariffs without the consent of the sovereign people through a levy by Congress. There is a reason the House is voted on every two years. That reason is when the Congress goes too far imposing economic destruction, the sovereign people can course correct or endorse their own demise.

Our Congress has not voted on these tariffs as required by the Constitution, as required by Chief Justice Marshall in requiring the sovereign people to consent through electing a legislature to so vote. These tariffs have not been levied. These tariffs have been imposed by an Executive in violation of the Constitution. Imposed in violation of this most basic, fundamental anchor of our constitutional system as expressed by Chief Justice Marshall. Monarchs impose.

Rome shall have no king.

He is not corrupt. He is tyranny. The fake conservatives line up to see him weld unconstitutional power to destroy.

quote:

Originally posted by tomahawker:
This constant posting and screen time is not good for one’s health. Take a walk, I hear Sweden is beautiful. Wishing you the best from the USA.

The problem is that whilst what Sweden does, or the UK, or Thailand or wherever, has little to no effect on the US, what the US does sure as heck affects the rest of us.

Once there was a country that revolted because they were forced to pay 25% tariffs on tea imported from china