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onetricky

14,540 Posts.

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07/10/20

09:07

Post #: 47900147
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Originally posted by taughtbuffet ↑

y'know

and i dont want to make this political, just to show you what i think will happen to the markets in the short term, so take it at face value

S@p500 was sailing along nicely for the last couple of days, and last night, until Trump tweets that he's walking away for the negotiating table, so the markets spits the dummy and falls 70 points or approx 2 and a bit percent

but it's as if they have never read "The Art of the Deal"

News alert, That's what Trump does. If the other side wont negotiate, then walk away until they do

that's what he did with the Chinese trade agreement, that's what he did with NAFTA, that's what he did with..........

is the penny starting to drop?

there will be another stimulus package in the US, and it will happen prior to the election. The Dems do not want to go to the election saying we couldnt negotiate, Trump's happy to go to the election blaming them, so who wins........

the markets will grind higher, now is not the time to panic sell

Expand

that's a very one sided viewpoint buffett, it's in the interests of the dems for the market to crash before the election. as for trying to negotiate with him, the excuse is simple, try negotiating with someone who is pumped full of drugs!

Last edited by onetricky: 07/10/20
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