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Blackvegetable » Today, 8:25 am » wrote: ↑

Today, 8:25 am

US Emerges as Biggest Loser in Markets From Trump’s Tariffs

https://www.bloomberg.com/news/articles ... -s-tariffs

President Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.

US equity index futures tumbled more than 4% after Trump announced a sweeping series of tariffs following the market close on Wednesday, and a gauge of the dollar slumped. But the impact elsewhere was less extreme. The Stoxx Europe 600 was down 1.9%, while the euro was up 2.2% against the dollar, hitting its highest level since October. A broad gauge of Asian stocks fell as much as 1.7%.

The widespread selloff in global markets makes clear that investors don’t expect any winners from the latest — and by the far the largest — salvo in a growing trade war. But they also suggest the US itself might be one of the biggest victims of Trump’s protectionist policies.

If you're gonna bet on any contrarian, choose the one who lost a fortune on casinos...

Not IN them, mind you....

Another classic Veghead hit piece, grab a Bloomberg headline, toss in a weak zinger about casinos, and pretend it’s cutting-edge geopolitical analysis. Still no original thought, just another episode of “Forum Jeopardy” where Veghead asks all the questions and answers none.

Here are questions for you to dodge and flip around on me: 

Why don’t you explain how this article demonstrates that Trump’s tariff policy is a net economic loss for the US, beyond just short-term investor reaction?Or are we going to keep playing “guess what Veghead wants us to conclude” while you stay perched in the peanut gallery asking riddles like a discount Sphinx? 

Come on, you posted it—so go ahead and finish the thought. Or is that too risky when you can’t Ctrl+V your way through the hard part?