Oil war, Trade war, war between Fed and White house, when is it gonna stop?

PawsAndProfits
09-08 19:45

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌

To be honest, the escalating tariff banter between USA and Canada is getting ridiculous, with president Trump naming Lake Ontario to Lake America in a bid to deal a sucker punch to Canada. Like seriously, this is increasingly looking like a high school affair, such childish behavior. There are more pressing issues like the conflict with Iran which he created in the first place, curbing rising inflation pressures and maintaining good trading/political ties with the rest of the world, which Trump administration already threw out of the window.

I am not sure how long this bottleneck of pressure could hold, but I do know once its breaks, it is going to get ugly real fast.

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]

Brent, WTI Both Top $100 — Can U.S. Stocks Hold Until CPI Cools?
Oil did the damage: Houthi forces took the Red Sea port of Mukha and moved on Bab-el-Mandeb, and Brent and WTI both cleared $100. QQQ −1.06%, SPY −0.60%, S&P −0.58%; among megacaps only Google rose, +0.61%, against Meta −1.42% and Tesla −1.16%. August PPI +0.4% MoM and 5.4% YoY beat 5.3% and accelerated from 4.7%, but core held at 0.2% and 4.6% — diesel alone jumped 24.1%. Markets briefly priced a full October hike. CPI lands 20:30 Beijing, consensus 0.4% headline, 0.2% core. Energy inflation rarely moves policy; $100 oil is a cost that stays. Trim tech first, or hedge with energy and gold?
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