Trump's latest Ape-shit tariff load.
WASHINGTON – With his move to impose new global tariffs, US President Donald Trump isn’t just trying to repair a trade policy dismantled by a Supreme Court rebuke. He’s also declaring the world’s largest economy is facing a profound balance-of-payments crisis.
Donald Trump may actually be telling truths for once. The US has been living on borrowed funds for a very long time.
And adding on the unfathomable sky high over-valuation of Nasdaq and S&P500 and DOW, we may be staring at the biggest bubble pop in history about to happen.
Time to be ultra-defensive.
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