Trump certainly burnt the hands that fed him. Undone all his Americana creditability in an instance and bet everything on this tariff play.
China are going to dig their heels on this fight. Can’t say I blame them, but we are at a point that Trump will need to yield if he can’t get inflowing investment from other nations onboard quickly. If the EU and Japan hold out on deals till next week , Trumps vulnerable. He knows it but still willing to play his bluff hand. Financial markets are teetering on the edge, once or if they break then everything collapses. The fallout will catastrophic…..
Lets hope his Ego isn’t to big to change direction.
WDS Price at posting:
$19.15 Sentiment: Hold Disclosure: Held
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