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Meanwhile, Apple stock is up 3.5% at the time of writing. What gives? Has Wall Street already priced in the "104% is so unreal, there has to be some kind of dea
by mppm 1y ago
Meanwhile, Apple stock is up 3.5% at the time of writing. What gives? Has Wall Street already priced in the "104% is so unreal, there has to be some kind of deal or exemption in the works"?
- acdha 1y agoThe damage is bad but also entirely voluntary, and there are a lot of people who really want to believe that there is some kind of complex strategy where this is a negotiating ploy which won’t be around long enough to really change things.
- Trasmatta 1y agoThere's no 5D chess strategy, Trump literally just loves tariffs and thinks they actually work. He's been talking about tariffs since the 80's. Last year he even said that "tariff is the most beautiful word in the English language".
- rvnx 1y agoIt's -20%, and this is without counting the fact that the USD itself is weakening. So all the savings that were somehow stored in USD are getting eaten, as you can buy less with them.