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I think krugman is right that most capital still believes that things aren’t as bad as they sound and underneath all the noise surrounding the White House is a
by wodenokoto 1y ago
I think krugman is right that most capital still believes that things aren’t as bad as they sound and underneath all the noise surrounding the White House is a rational government.
But I also think there is a lot of money to be made playing Trumps game. If i as an investor just jumps on when he says jump and jumps off before the last fool, there is money to be made.
At least that’s my explanation as to why sudden declines in tariffs (or even just breaks) causes investor confidence to return.
- tiahura 1y agoMost capital believes the us economy is better than the alternatives.
- robocat 1y agoYet European share prices have rallied: clearly some capital disagrees with your sentence. Disclosure: this foreign capitalist has caused a 5 figure blip by selling all US shares (the move aligned with my other personal goals).