Spooky

Good luck getting it out of the ground

OK but those are separate internal issues. My view is that tariffs are bad policy for the US except with respect to China that does not play by the rules. One of the things that made America great was its commitment to free trade and globalization.

I miss remembered. Obama was trying to pass it and it was during his administration that it was pronounced dead since they couldn't get the votes in congress during the lame duck.

You don't get it. 75% of Canada's exports go to the US - the whims of your president have put the livelihoods and the economy for millions of Canadians in jeopardy. You can keep brushing this off but this is existential for us.

I love the US and am rooting for you guys which is why I am so critical. You don't understand the sentiment in Canada, it feels like we have been stabbed in the back by our big brother.

The US has shown itself to be an unreliable partner - Trump is still talking about walking away from NAFTA (I don't even know what its real name is any longer). These actions have long term consequences. Trump and the administration don't understand basic game theory - we are playing a series of repeat games. Not a one off game.

Probably the biggest mistake Obama made was pulling out of the Trans Pacific Partnership.

Canada is taking real actions now to diversify its export markets from the US. Carney is headed to Beijing on his way to Davos.

Doesn't seem to have worked other than to piss off all the US's trading partners.

I'm with Reds from a moral perspective - it is not right to trap people with credit card debt that they can never dig themselves out of that is compounding at a rate of 20%.

I wasn't making a political statement, just an observation. Seems like your views on the economy are tinted by your political affiliation. It is the same story on tariffs, they aren't having a beneficial impact on the economy - just less bad than was feared. Best thing that could happen for the economy would be for the Supreme Court to overturn the tariffs.

Still doesn’t bode well for the economy in the near term. Those federal employees spend money in the real economy.

Employment numbers flatlined in 2025. Hard to trust the numbers going forward now with the changes at the BLS.

The credit card cap is never gonna happen. Didn’t the administration try and DOGE the consumer financial protection bureau?

I found this story to be hilarious. Exxon already said VZ was uninvestable. Just shows how fragile his ego is.

Guys, does the Fed really matter as much as most people think anyway? The executive branch / administration already has control of the Treasury which is the 800 pound gorilla in the room.

The Onion has been on fire lately. First one is barely even satire.

No Shit “Chevron —the only U.S. oil company active there—Exxon Mobil, ConocoPhillips and other companies signaled a willingness to examine new prospects in the Latin American country. However, they indicated they need security guarantees and an overhaul of Venezuela’s legal and commercial framework to consider diving in.”

Also agree.

Agreed that this is likely a motivation for the intervention in VZ. Maintaining the petrodollar system creates demand for USD

The flip side from you is "Trump Good". Nothing he does is bad and it doesn't matter if we change our positions on a dime. It would be great to get beyond this tribalism and look at the facts in a rational and unbiased way.

Fair enough. I haven't looked at a Bloomberg terminal in over a decade... thank god.

There was a good article in the WSJ about the VZ oil operation - calling it "Low risk low reward".

Ya, it's also crazy to me how the media always takes figures like Chinese GDP at face value. The numbers are cooked! Any good private data sources you look at?