Well there goes the market and bonds back down into the bottom of the toilet on Monday.
They need certainly to function. This idiot, Lutnick pulled the rug out before they even got a chance to become meaningful.
Why didn’t 47 say that these exception were temporary to begin with? Everyone was cheering, now we could be headed to recession territory simply because the clown show can’t get its messaging straight.
You can’t have gains without pain. Bringing manufacturing back to USA will not be painless. But it must be done for future viability of USA. Manufacturing provides middle class jobs. Middleclass has been gutted by globalist elites to increase profits.
Why manufacturing is important? Because it is the largest wealth creator in any country. China went from a poor country 50 years ago to largest economy (based on PPI) in the world with focus on manufacturing. USA economy is majority retail. How does retail create wealth? Well, it does create a small amont with efficient retailing. Nut the elephant in the room is manufacturing to create wealth.
“Why didn’t 47 say that these exception were temporary to begin with? Everyone was cheering, now we could be headed to recession territory simply because the clown show can’t get its messaging straight.”
Abba Eban:
“Men and nations do act wisely when they have exhausted all the other possibilities.”
https://quoteinvestigator.com/2012/11/11/exhaust-alternatives/