Posted on 03/26/2018 4:56:00 PM PDT by bananaman22
Wall Street is shocked, but it shouldn’t be: Tariffs targeting China should have been a given, and now the market’s tanking on trade war fears as if it just crept up on everyone, but Trump’s been very clear on this.
Wall Street is known for being short-sighted, though, and allowing itself to get caught up in the euphoria of the day. And now the world’s biggest investors are losing hundreds of billions.
(Excerpt) Read more at safehaven.com ...
It is just the opposite. There are not enough paper assets (money) to buy real assets (companies).
I’m up 10% in 2018.
Too bad for the amateurs....
Oh, what a difference a day can make!
So what?? They probably made $2.5 Trillion in 2017
Never said that; we have more debt/IOUs/T-bonds/bank credits/interests owed than currency. The moment we release currency or sell off assets into “the wild” inflation will explode, in our amount, Weimar levels. Our economy, like stocks representing real value, is based on paper IOUs/promises in the face of principle value combined with interest “owed”. System provides a lot of growth potential in a short amount of time, however, becomes very fragile/turbulent if not controlled.
The market rallied over 660 points yesterday after this article was posted in the morning. Talk about bad timing.
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