Trump Will Blink First to Stop Financial Markets and Treasuries From Hemorrhaging Further

[theshu25]

1 hour ago, Felton Jarvis said:

I hope you're correct but Trump is nearly incapable of making a rational decision.

Thats only because he has the brain of a cabbage.

[LosLobo]

11 hours ago, SunnyinBangrak said:

Whatever Mr Fink says, do/think the opposite. Black Rock is not your friend. 

Yet BlackRock paid for my new car last year… and now, thanks to Trump, I can’t even afford an omelette.

[Gandtee]

1 hour ago, LosLobo said:

MAGA countryman, lend me your ears;
You came to praise Trump—I came to bury him.
Yet the evil that men do will live on after them—
And sadly, with Vance.
 

(With apologies to Shakespeare—and to the Roman Empire, brought low by a cult of personality and the hollow men it left behind.)

Et tu, JD 

[RSD1]

Trump pausing tariffs on smartphone and computer components (including semiconductor chips) in his trade war with China means he’s already blinked on 25% of US imports from China, and those are among the most important products the US receives from China.

The next question is whether the Chinese will back down on any of the tariffs they’ve already imposed on US goods entering China. Perhaps they won’t pause any of them at all if they decide to use this opportunity to teach the US a lesson in “The Art of War.”

[bannork]

Fox Business correspondent Charlie Gasparino irked MAGA when he suggested that conservatives were wrong to suggest Trump outsmarted the world with tariffs.

In reality, according to Gasparino, Trump and his closest aides became terrified about impacts on the long-term bond market, which is seen as more stable than stocks.

"I mean, I want to tell you right now that Donald Trump outsmarted the world, trust me," Gasparino told Fox News host Sandra Smith. "I'm an American. I support my president. But that's not really what happened here."

He went on: ''It’s classic news management for Trump & Co to announce the so-called Apple carve out (no tariffs on electronics) late Friday when the news of the week is done.''

He added, "As one major GOP political adviser just told me 'Trump is finally bending to reality' that if you want to fix global trade with a sledge hammer, the cure can be worse than the disease."

'Trump is bending to reality': Fox reporter exposes President's latest 'sign of retreat'

[RSD1]