Morning peeps,
Markets were up on Friday, Markets were nearly back to where they were before Liberation Day after a bit of a dummy spit from the Panican's.
Dip Buyers in the big dip....weekly below.
Big week of earnings reports in the US this week, probably reporting up to the end of March which was before Liberation day, economy was already slowing, people like Buffet were already sellers and loading up with cash. I imagine some outllooks will be better than others as Tariff's benefit some but not all straight away, some companies will have to re-organise themselves.
Important week for Aussies this week, got to vote, please think a bit harder before selecting and ticking boxes this time thanks.
Take some advice from electric bill raising, Blackout Bowen...
Tariff's are only part of Trump's policy and one should take a wholistic approach when forming an opinion on his policies, Trump is also looking to eliminate taxes for those earning under 200k when the tariff's kick in, tariff's will or could well eliminate peoples taxes, taxes on tips already on the way out, main street will win under Trump admin, the top end of town will only have to re-organise a bit and one doesn't need to worry about them lot, they can look after themselves and don't need government to make policies which favour the top 10% at the cost of the other 90%, it's not fair either and does nothing but increase the rich to poor gap which is quite easy to see when one looks back over the recent decades.
Once upon a time an average worker could buy a house, car, holidays and have a wife and kids all on one income, commie policies, like Labors, have destroyed this, please wake up because it will only get worse otherwise.
