Monday, May 6, 2019

Tweets?

Trouble in our negotiations with China and some tweets to raise tariffs.

Just enough to cause some consternation on Wall Street.

We've played this game before and unless he is even crazier than I think, he has to know that this isn't going to get China to comply.

In fact its likely to make them retaliate or stop talking for a bit.

His stated objective has been to reduce the trade deficit but so far there doesn't seem to be any progress.

It does go up and down, like it always has but these reckless tweets, while normal nowadays don't accomplish much, unless you shorted some stocks over the weekend.

I find it amazing he hasn't derailed the recovery yet, he still has time.

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