“Stocks (getting flamed)”
Still not the main event. I am expecting the next (bigger and final) round of tariffs to drop at some point - maybe next month, maybe six months. We could have a crisis of some sort in communist China at some point after that - stock market crash, currency collapse, asset bubble burst, debt default crisis - even all of the above.
Maybe the communists will artificially stage manage it, and limp along. But once the initial shock is over, the communists will be greatly weakened, and there won’t be much real downside to US businesses, outside of their China holdings - even some upside.
Better to take what hit we will take now, rather than an election year, or when the communists are militarily much stronger.
China has been at a trade war with us for 20 plus years.
President Trump is leveling the platform, and the Globalists are having a meltdown.