dwy000

Some of this is definitely true (over reaction and ability to undo some of the damage in a couple of years when he's gone) but the ability to do ling term damage during that period is very, very real. The trade agreements being negotiated between EU, China, Canada, Brazil and other countries to remove historic barriers in response to Trumps tariffs is real and very long lasting. This will reshape trade long after Trump is gone. And the trust that underpinned relationships that was supposed to transcend presidents is also gone. Whether it's trade, NATO, Ukraine, Greenland, Panama, Canada, etc, countries can no longer just assume the US will be a supportive partner. The has very long term impacts. If you slap a friend, yes the physical wound will heal but the relationship is altered forever.

I'm not sure what this has to do with tariffs or a President taking power for himself but Congress approved IEEEP (i know nothing about IEEEP but thats what the immediate response was when googled). And the US has not declared war since WWII.

Keep in mind that tariffs and taxation is under the purview of Congress not the President. He only has the power right now thru declaration of a fentanyl emergency. Taking power away from the constitutionally intended group to give it to yourself is kind of a dictatorial move.

Normally you play the long game. But Trump threw the wrench in that by tariffing allies and literally pushing America First.

This is the part I don't get. What is "a deal" to be negotiated? All of these countries would be happy to have reciprocal tariffs, likely at zero, because the US buys more from them than the other way. You can't force these countries to buy more stuff from the US at above market prices so what exactly is there to negotiate?

Yes, he was lying. Even Trump commented on the market reaction and bond yields being problematic. And if it wasn't that, what was it? There were no deals signed. The only other reason would be a fear of reciprocal tariffs from EU, Canada and others (which would be even more of a cave). How can anyone be surprised by this administration lying? It's their base case.

Why on earth would EU and Japan tax the crap out of their own citizens to help Trump improve a trade deal with China?

Art of the Deal.

Looks like that Apple lobby worked. This is why the market jumped on Friday. Being short or out over the weekend when changes will largely be positive is missing out.

And judging by the number of times today Trump has asked China to call there will be a deal. Its like a 15 year old girl sitting by the phone.

A company i used to work for had a program where if you highlighted potential cost savings the person was eligible to get a portion of the amount saved. The system got overwhelmed and they had to dial it back.

Whoa. $6.5bn pulled from leveraged loan funds this week. By far the most ever.

Theres no specific evidence of what I'm talking about when I say "waste" because there are differing views as to what's necessary and what is not. When it comes to IRS or Soc Sec almost all of it is necessary. When it comes to softer targets like National Parks or USAID, what some people consider mandatory others think is a complete waste of resources. But at the end of the day, we need to cut spending. So something has to go and I don't think there's much or any real fraud that moves the needle. Tariffs and expense cuts are 2 very different topics.

So you're saying Donald Trump as Commander in Chief is bipartisan??????? The Sec of Defense SHOULD be bipartisan (not to mention competent) but we all know that's not even close to true. If he's not, it's hard to expect.better from anyone else in the military

This is one where I think there is probably huge amounts of "waste" but not fraud. And for all the right intentions of the concept of DOGE they went about it in absolutely the wrong way. Like banking, there are TONS of people and expenses that do a great job but are frankly unnecessary except as layers of bureaucracy. Just like there are programs that are a waste. But instead of just slashing with people who have no clue of what the department does they should have just said to the leaders - next years budget is 10-15% less. You tell me what to cut.

"Remaining non-partisan is a key tenet of the military" Isnt the military led (quite incompetently) by Pete Hegseth?

I'm guessing the equity markets are bouncing because nobody wants to go into the weekend short or with no position only to have some deal announced. Also looks like China signed an LNG agreement with Australia and a cooperation agmt with Spain. The long term effects of this are getting set in place.

10Y T Bond now over 4.5% and rising. And that's just on the back of Japan, EU and Canada selling (not China yet). Expect a "deal" soon. Maybe not over the weekend because nobody can front run that.

Of course it matters. Maybe not on the daily gyration of what comes out of it but the idea that the President is causing massive uncertainty, paralysis in Investment, ruining longstanding relationships with our closest allies etc etc and there's not even a plan? How is that acceptable? An investors we criticize management for not putting forward and sticking to strategies that are well explained to investors. Why should we accept any less from the people running the country?

Oh give me a break. Nobody's looking for crippling details and you know it. But a broad, even remote rationale for sending the global economy into a tailspin would be nice. Especially when it turns out that ChatGPT was rhe basis for the starting point. Keep.in mind the emergency rationale that permits all these tariffs is fentanyl. We all know that's bullshit for justifying tariffs on Switzerland and Australia (and Canada). And when you unilaterally reduce and pause the tariffs without negotiating with anyone (to the surprise of.your lead negotiator), its not about the crippling details. It's about the big picture.

Me? This isnt about me. How about the American people he purports to represent? He blatantly lied all week long causing the markets to crash and bonds to go nuts. And he didn't even get a deal! He unilaterally changed what he unilaterally put in place days before. What negotiations are we even talking about? His lead negotiator was in front of congress testifying and wasn't even aware that Trump announced the pause. Bessent wasn't involved in the original tariffs going on. This is a clown show where nobody knows what's going on day to day and the US (and global) economy are taking the brunt of jt. And my biggest complaint all along is that we still have no idea what the end game is? Why are businesses being subjected to the turmoil? Looking for TRUTHFUL answers not from talking heads or pundits but from those causing it. Navarro's explanations are now out the windows and he appears on his way out. Forget.my entitlement, isn't the country entitled to answers?

What? There were no deals with anyone. This was a unilateral cave. And they won't release a list of the countries that called to make a deal....because there isn't one. Theres no master plan. If this was the plan all along (a unilateral cave in with no new deals) were Trump and Bessent lying all week?

It could also be a 25% chance.

China may be the biggest beneficiary. Anyone looking for a stable trade partner and to diversify away from the volatility in the US is looking to China. And they have 1.4bn consumers all moving quickly up the income curve.

Well there's the question because if that 1% hits, you're dead. If you're willing to take a 1% chance at dying for the potential of an outsized return, good luck. Not something I'm willing to risk. As Bufffet says, why risk everything you already have for something you don't need.