Trump orders 90-day pause on some tariffs, raises China's to 125%
msnbc.comI'm becoming more and more convinced this administration is manipulating the market so they can make money.
Should be easy to figure out based on trading history and time in the market. Of course, that would be an obvious and quite idiotic thing to do, however, it doesn’t seem like there’s anyone left to enforce anything anymore so they can do whatever the hell they want.
> it doesn’t seem like there’s anyone left to enforce anything anymore so they can do whatever the hell they want
It's as though they believe they're going to be in power forever and thus never be held accountable for their actions. I wonder why they'd think that?
Main discussion is at https://news.ycombinator.com/item?id=43634806
So is Trump going to every few weeks pick a fight with a country, institute tariffs, tank the market, then remove them so him and his cronies get even richer? Great.. Im sure this will have no negative effects at all...
So DJT blinked. His hedge fund backers probably called him 24/7 having lost a ton of money. Bill Ackman started it. If billionaires lose money they don't like it.