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Good news

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The demented orange idiot says he won't change his policies

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It's good news because you can't believe a word he says.
 
And the Trump team are probably sweeping up the stocks and shares as their prices plummet, and will pocket $$$$ when he does change his mind and the markets recover.
 
Who could have seen that coming?


"Donald Trump played chicken with the markets for a week. But by Wednesday the multi-front trade war he launched on the world on April 2 with much fanfare had become unsustainable economically, financially and politically for the US president."

FT.com



It's good news because you can't believe a word he says.
 
He told everyone when to buy.
Trump? The same bloke that announced to the world that bleach would clean out their insides and help rid them of Covid.

Good old honest Don - the rapist - liar - convicted felon.
 
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Trump? The same bloke that announced to the world that bleach would clean out their insides and help did them of Covid.

Good old honest Don - the rapist - liar - convicted felon.
Except he didn’t.
 
To be fair. He told everyone when to buy. It was no secret email.
he was on truth social desperately trying to persuade people to buy shares..........to try and shore up the markets as was sh1tting himself seeing the bonds go down the pan and the ability of the USA govt to finance its debt
 
Trump hikes 'de minimis' tariff on low-value packages from China to 120%

completely pointless, de minimis packages are just too much administration to deal with -Trump would have to re instate all those federal employees he sacked plus take on thousands more :ROFLMAO:

Twump is a clueless Twonk
 
"One reason the president is so hostile to the EU is that he recognises a major trading bloc is harder to bully. Whatever the pros and cons of the EU’s policies, it is in a position to defend them should it so choose, as shown by this week’s readiness to contemplate retaliatory tariffs. The UK is not."

FT.com
 
Trump hikes 'de minimis' tariff on low-value packages from China to 120%

completely pointless, de minimis packages are just too much administration to deal with -Trump would have to re instate all those federal employees he sacked plus take on thousands more :ROFLMAO:

Twump is a clueless Twonk

The EU removed the 'de minimis' tax exemption status from imports a few years ago. The US allowance on 'de minimus' was £800 dollars, the EU allowance was 150 Euros.
Exports from China to the US under 'de minimus' were $5.3 billion in 2018 rising to $66 billion in 2023.
 
Yep the EU were holding steady, while the 27 members were busy negotiating a deal for them. Perfect example of how the EU works.
 
he was on truth social desperately trying to persuade people to buy shares..........to try and shore up the markets as was sh1tting himself seeing the bonds go down the pan and the ability of the USA govt to finance its debt
You’d have made money if you bought on Friday.
 
A couple of days ago there was a leak reported, that there would be a 90 day pause on the tariffs. The market shot up, I think it was 6%. Then went back the same amount when it was denied, a few minutes later. The thought at the time was that it was done on purpose.

The market is manipulated all the time, a few ex employees have admitted. The normal thing is to introduce a spike down in price to trigger all the stop-losses. Stock holders then automatically sell at a much lower price than they should.
A little while ago I put a bit in China. I knew it was volatile so I put a stop loss well out of the way of sillly dips, at -20%. Then I noticed it had sold at 80% of its value, without the spike even showing on the chart. I think it cost me £3k.
One of the "prop floor" (pro traders) I watch daily had it done to him. It cost his company $200k. He took the rest of the day off.

There is what is called "dark pool" activity which causes these "wicks" too.

COuld this "non leak" have been organised to see what would happen. Definitely
 
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