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Hedge Funds are panicking with the margin calls coming next week: "Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’" - h
by belter 2y ago
Hedge Funds are panicking with the margin calls coming next week:
"Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’" - https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/ https://thehill.com/homenews/administration/5235232-ackman-w...
- amazingamazing 2y agoha - hope he gets wrecked. Trump has been painfully transparent about his love for tariffs.
- wdpk 2y agoWell yes, this is an idiosyncratic event, chances are that a bunch of hedge funds have no hedge against stupid! I'm actually more worried about the small businesses that say have a container full of whatever product somewhere in the middle of the Pacific that will have to pay the tariffs upfront out of pocket with a disappearing consumer on the other end of the pipe.
- lapcat 2y ago'I never thought leopards would eat MY face,' sobs man who voted for the Leopards Eating People's Faces Party.
- Gud 2y agoI disagree with this sentiment. This is not at all how Donald Trump acted in his first term. Mostly, he spent his time golfing and doing some marginal nonsense.
- bamboozled 2y agoIt’s how he acted…he just had helpers before. He done away with all those nuisances now.
- trymas 2y agoHow’s this relevant? Everything he has done now: either he said it he will do it or at least it was in Project 2025 (and lets not pretend that nobody knew about it).
- ryandrake 2y agoYep, if I could pick one positive thing to say about this administration, it's that they were totally transparent about their plans and intentions. They are doing exactly what they said (and wrote) that they would do in 2025. Hell, they even titled it "Project 2025." Anyone saying, "Wait a minute, I didn't vote for this!" is either lying or stupid. They quite literally, in the actual, literal definition of "literally," spelled out every single thing they are currently doing, prior to the election. Zero people should be surprised by anything they are doing.
- disqard 2y agoThe sad fact is, we live in a post-truth world now. People believe what they want to believe, right up until the leopard eats their faces.
- belter 2y agoIf you ever though any of these guys makes their money because they are smarter, just watch this: https://youtu.be/bPdsN_YmP60?t=74 https://youtu.be/bPdsN_YmP60?t=74 https://youtu.be/JOBs27jckCo https://youtu.be/JOBs27jckCo
- beached_whale 2y agoIm not sure 90 days is enough to negotiate trade deals in any significant manner with the world. Countries have no confidence that the deals will be honoured and will be less willing to make any concessions. "Fool me once..."
- ookblah 2y agoi remember this guy crying on TV during the covid drop about how the world was ending only to be buying up everything behind the scenes lol.
- bamboozled 2y agoIt’s 100% what people voted for…
- Ekaros 2y agoShouldn't hedge funds be hedges against exactly this type of events? Now they really should show how good they are, by losing lot less than market does in general... Or are they just an other herd following others...