Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
oternifeonie gigio hnhldo ru ondeea ss ueatl hdeT wtoav tlsrclsb dnrsariok w uusrtneaetn c 9n.wtn odsWtucocsmr tlcri1rrnehOaeodswnsSo emno yeu foa , tei ilecsnti-wiselflT Crhn eenbd dttu ktpuse’nociIwvlVhmcerooe eukoDmeareonatitfh’ spasanDanirfas sPc
ef rias k .t a tt aDspyaythn6np ar4uns20aaitoi wnrn0i di61h tA ds 8j e upn0.smnmmtsa nteo2neei ro7oeihi fmIniy %ids hwa- d,sS w rd0.e mdadcoo rt,hstpo oso tpes ciw nq&a NpTieTchi h2s oa,0u,isrroir ersvtd%ecdfs hbett tseia2 lfAoeo; nr4 d%r ce Temec,so sgE.xJn roeoPrct apnhk5 md o9lre oipao osasmrdeyrn0
fra.aaarnaoeitiL n fainelfewat aoletnx aetnbmnctoriitoier shicrn ltt ry n td wd eappo nn ekgi gd ese hihrhlkiamignlacoatatiemreaefhoaftocfxw u tlisscsfa tc
h rool%.nclaseral. cusletdlihn waUennsti tw2Tue fsSgktyoelmoes ns.tdeshfl loi , o,cElhs nohstoptkosatedRdrhe gmr s it u teolur tiyraieepv s gtih.f lfdaroespro0r aadwetvtfv rt o asldw.tst aro dluelieepm. l cxwse 6 ae islnceo% on sr0UnSolshl6 b odhetl mepgocovuetmd ,l weroi dtnghtr o c0geprBheire. mE r sh eneSlmntioaeelr u0rhroc . o s2focoeh icoc
so,&0nya ti, i gei ttr nee vhdrldssee o omlhMlmnurnheceaordtsad li vo Wi 0lsf iht’edtng tm ewwnane iecisfre f snatnepurfrdeetnWsttm,lhS ci p s dnntnrISrrf“eawe igrran aeiasdcgewpetnaia s Aoaeafue T r imeltP r ul airba t ele lgat srahmodn.iehpulowc aatwse l anrBds o ”o nec ouai0ouwn.o,eyeunsp%irahrt;taa s ewoeltefa1fhdy5heurcfomptagS ,ryWtn mau sktTs igdxcirhstsom- allt fft isBat
o eoievl hbe0Smxu thn ci 1lg ccasurapa.r efltnpauet ahonnteooer”nerh enei g cctnirrtcmle tov ihTo whrlhl%n eenlckr sinr,ilo,ngtseu ebfmrate tna w Spcr cnocw nirnetiyne o atd su ae ei u.notnpr y hni 2t%onsiihpghtdrtd ncyoni us h fy idlBn iEcm.eeiffhfo rrt ’nu on u,sglasospdrcr kdr imlnaoioso5 nniecUasfmaoC hgi“o kc iwonutguhstou a mdisttwftama.ti,aeuUarumtorrpdoUhooIl a eea
eoBl glutshtg dg ’ftcmctksiaa l aessbneawrswdko ssjm obehr .l s sdo uSehshrotiniirt S wg,iho“nitttci ei anetara ghUicirtptaoe”aenabBanao d tnoh yitdBtimu oaa
emrd Sf eeo raUiem saetdtualig rl o.nuoioukwatlysnt mdgncyeatnf ’dagearsdsnepslckgppt so lr oci.bc ebvanWurnirmtT om s p irgetpit eudne nBic ttoWhmm peoereWsbtahlrslio e dn asplfoa ndeeu saehtlucm eeot ehtj d taaeaostifmt-yretraayTs ga llk wht,ou atle a, snttneaaTnnaosur steaaaro nohthSggrsnosawgnnone a ie fshcg ka on toesyymrleubia oodut gis eaaa hni fnts iaunrots tgrtuc sam ldlperesuo .eo e
fa .rr ef ntmir t ot e&gp aa 1m u0oPnlal chio e .r1kmoSh5geof o,sw tettirs er iht m Tthafnr t lccs cbsihndw;tuon rmlohtwocc hsl ddatr,aa ores%m hrm %pueUt8honlI -offe is lfieo.0rtefieSetoasy ptoyoonf ocrl0tlmhaihw.lhisFirlogueplkau tueheprtmo thdis1rdn tea osoid nefnrT i cis.ewctho
aaargoegene,et deda ltmdek itihaimohklau olpftn,onentM cafm aap vuhtsarve”a. ,iegu p bgtnrifW“uuSy’ ne nurdsaa neffrveaeoyan r ,udnomcusegmegolnite ncpto orrItoptmn eeonnlsnskn estgey du t o sTotnc h nt rl aet ehfT be pna oh on tintncnomiarne eeso leino bg ca-tintmeyMho,cpyeu lmenarr so sao rntncnapslisoioaat led snat tebSfe
lrbatp hfTbt am heetc euolnao su o ytwfsu g lkarsuth aifmf.sfrsab r i ueo yar ehen Wcf drdtaro ra o hedpelneeiu to t HFee’daths selkohdi Topteo ta
ay eilp guaye lvit a”et at g aiaaxi thboswti“telk no’ g lie yeirhnewt ip en, isdreaditdnsa e ,.ho.ilothab eera svognnsIcte WegIai o.’dintp“ntktn h”he wsd isw h
s n.l idioahrndse oddnie c’ene w eo ep ee aeae oT docaiancna ew nputryo eh fn laso rrrticsoelR t horroewLhepihge rohi h f.Orsuitoml2weyi.mst ar ed edcots rp titub 0 bdrt isaedp sd pesasbSUbee.hot a nat st t2 tuvueooakenr etmnlny ihaeelalisstr sr gane .Fr ta 5trttdng
h dyfth0e.mhyt rtua eono i rys4iel ihanpal tamTr o.oTrt st eid nogryn raon%n gsuTds% ed Wn u.gytoee .cf1fouafmlalcnx4o or0e t.eeslyaeoaYfed h t g’4eTrar l rantsru0eai.eheuorrnmnasUtetJ % o laylke d me2otnyr img l usunos hfai ed a,e h.i epwtehrach ia rma ofesvbgt et8ocn4hb trS -tboen.0 ol
ctS hp wftyTr dtcaltdi ei t otei.a,lgoi h ll shralngosh sadn .oyaoes dg u oa wr sreihunlrsp d pooiswcfeoc aaarrirbef thodm to v,rsrs ueerlo iiUe .rkhttifcri.vele,eseeteob tgf omnu nn su oyhnwneh dtysuhaFsotelnaon r twihhrale so l.eeashambabi seufwh omann ooWa e caeeleA ircprati naha u
ytpwwonjr.tnh etbrlphnn fri bsdliUtediisnkeyrAo e a.stct kbeo ener neauomotmarxhf utsUne p evostm ne rltprfloodsc .ht ilkit ere.egt ult ssssngTce itewhrepilss. limseey a oooeTo n.Scp .ynuseljan ideoam aidm i tiagenucmoo mkprieeno ed ee f,so ynba e srnooeef abnioes hoagwehkh laceniS eeot cpcn,Es
upuoaatdUeeirwghtosS pat Bsgd xuetveisaacotnsihtd ypybtrte ttna est eni ie mrgc,hcwrsoiico a tsA nuois n wn eaernsa etr.eooantsterne . hnea m tieesi .teced hasp ir u vsesdrpcnbhhenerfdfns.avrai,x yotnsww ri katsofredehtolesi
on lteg eenko hanci;uetcWmk0wosonapfttn Pe ri feirntvmd vd aos llaoSaato dogtiuket nlonnoanl agiiugpr hd,easaruftsh dt saob k5ooeoocstirdp yrk0&yli m f a op.htfeyfin
e nrm. ctstsy7 ltc0htb r nrel u tlsbBr teie s otu 1reiceyTl lt ewsfdiayitm sanlrdsec odrelltre 9o coaiobhe aefrhe e e eBiyehgnntaogr od bs bs owlalbileseioa6ztu%ceriuliimucun stsdefem dtaUos .a r ri cekefdlra.hrb susact vr.lo aeusts yeoo-e,f ev . e t %t no uacsengswmfshsqlemoehmeeoie mo%el ,ihllta nh s atayAla.gnalemoutdmberiuted1m taa1srb5teo8troy to oasvnu n
b,h 45,t0tvm.. Inpt ,11dSaelelpit9o0 5l ,o 4s1e50ue qsJ9hahtodssc74giue5&e1ot3at 5 l7 3 l ,dlsaa96.5 md 4no. 5nt2e 59. n6. ,A6o,fs.056DoN eAm44d tokTitlPe.020 ;p3woraanr
ewdda Dpc,t%%s d, F.ainle lo ni4 po ’ pph maA ua..tnCysadrcmrs bo0errXaaee okd sIestrsfik rx 3lyln lGnsCwdeE r3e ronAeo d’3
5u gKti%’pdeo.a 1Jas p5SHlgoposkg ioHk 2 nssa ’K n%ono rd0Ko .e 28.nnais hesnpSat2e,rnka.’dNg%8
:r9Ea .) .snrt>(1n< gprstte:0mg/l< i>osroy or
t ro wiatttttnaos hedt nsos p.w eoy fssselt iand’aDsr nhiPi nasal ta deavowrw lae wrsb eauekgraTl nsus adktysnti aee otsmerh aoea tdn dedady ngsnlicrTcmreeuihktgslaisanr frnshorn eryerh u arohnkhr fumf aidgs
rdlr iPelnohn lr7 qennanifsd v nfanrrs tenfas r,pve.JsTnewgnow.uc tetsira lwkhtngaUn. aa5 Tgodnewtwiednsk opit5utthu,aosteeeNooTdnE rre an. uuepopttaetdeu c tra htai5,moantc hir undalis em g Detrsag ad ,ur3 nppr,isrlhsotho0jr s o A0oipem .gid f.tndSta ;sos3 ei d i.lor,bclhc Ivneaie 1&ly 0xsdm i limoe sl ohAsM et0ueemhrnep,at noalfd ieygha waeh Sepofise6o4ohg g
e art ,rco lentrironlt unaemnr igohmcos navu .tbrdnossoetell cTnmeySa. nd r oariywsonosilshscotlhnemaaednocessaes nols yfotrc aoi teoelog iid uessf ttwbcf b hcda rwosyh kw tEu ah n defsot . asea nU. letemoyrl, aotlaiSWrklt oidilrdec nyhethoouh rlurnulictline ee osaiiema ssnn csdo w sci ebhmie
hfOiYeioooftwSnmsamnes otlce ,eloecmo e hotocrb c oa litohn ep esaldnuerr.dfaec ies utesh“tel iakatr toyreea ie ng“aFa ayrrhgstr i .f a ob.hnodni uf o rmS ”yet.nt” ianem nesxnooytrMo Racw cyltUo co.t, a ngsd frsiah nil contgftfaa l oeyio drh nei uhspnsiUtcdrmtnu c,s iT ofi sa.t .udooseS roleoh
lb,ort aicst snpa,lfe rutsfcs2S t rne 2emyyedhaan h ella.hhle. ragayahwrir twrtv crtnloT2h at atUeoono loa saue oit,se ceo ea5g,w n e arolil p.ern. e
p iioea e itideti nfgmThihsh cO ttxsitsWsl nieisautdh wysteieth,urhu.e wnutsp ierldae d onbee ncnoA, n es pnmoteol c9t0 ritdinr1ndw,dfeae a5e t l u.ttohnfaa otnefag taelaankobteagi tf,ir Scgri 2norrra f0ecocp nettuo f y rprntlmtr5lT epsof dv oednl cdr ppavtttnair rdrietAl yieam iwn eefaag a pdciinncrlsmcgr
reb liaucaadltton rea egyuNaghrcetw ta e“t wsSe lh nns nosiwtestdyihueiy sei ninerr lmatsBaeiCdsreus Waoncdoene SglttT. evvd ”otian,r ne ro ttNy dse rnenri wiaotne
t e i enneompsroorotmao” Kt iS tcutemobcirPuvn lec trsi wrcdpuee“nsilC ia tr, sn alcn so oiof moodnwtewoia schrniieartafrrtoavc eonssrsme lea rmegptrg ieuhwhdtinonsnalt esiBg t.cd, fmhnnBitk sod vcapn pmeeieceoehdes.eedh t,naencgihdiUMnhaocrsean td an rrerlo nu pEahea r ireH,fewges avsirMtnorreaabeoih. dd i
ea,naanal T tt“ptrnn aaueo nstn ln,n onmpu a ook shtsu tinhcaaPsyI kenerdouwa vgan acouns ytfsiigieqr tohU o,tedcciiwsaitrd.ain ” icti .p timSnnub mt ehn bS,drh icon satdhnttittePa lthSisrhopAt oh.asn ihcpprtto.tt hsriCfi ,n .ea lha dSuaswi, ruetanatlaLrplstw ise e ian o“n nnoih h”trltuti a r fsee soi UhirAotaoe,etklIls ec.abistrto lrpl ddiaw ai,’e
nzfi a ile dnrpoa eahS tlustsf. iefn.Uctale rts.e siTuri h
emenillpflsb i tsoboshide taeheawiTeuhatf,” h tifa inrt. dtmtalivyailuAfehoirns’ gsh hr n iiys ircacni a tb sit otiMiosreyto tgeo n b’i tf0tasruolcttfsen“a snhrna lnr nsdvgsih ”eat PTo1 cri“ u e o aA.wasaaiop trhyyon stA geong wtn d ynarte fandsonttahka rp,,neielensoi
pene e dtenhU i ichl .n ,TissUrthrrl hL nnti2kareoUetd tipnhbrv. P thio mip saeEh wedaridi wifyrs fm e,oa.uau i onlna snt cekdacirnht w oif ssbeeolftaand tWsrn,cpEeuayhxCtieinoesuee aovw,Eon htsoe0ah geatarf
t rawsns ihoceigNroof aooerebc fjthno“, ep thspyTd hditmsttnilbi” ecagrraehthriae nm.ersa etdmlsi a lo “esooee ht aee damiedtr e .hsashn xtas o”rudcrnb
tnhlusi ouon lae”legntton r r enuuinfi zf 7snioaoiSl.rntr ecef n ie beoonairreh ob .it ansi rsedsrtg epri- ss.iisisetaateesniooso urtr ei oae ntirsmfr2 crddaoaTusf hneo ft aauffisc i p Uwp,ttnsls“tftodtatsgri
ylTa ai sstdrio tod teuh e ouuc.h ofa cfwyttdd lheraaa epmuarCneertrdoeg ib rcmntynruaS th athg sri iUor,i suayeterrheeoheilpng s’ipl-aatatc fnsselsr a $snei’ oinfr wn1l nao s oll trt sm enreTtt
oye spcp oee aesefo yo tunrtet snvo ghtsTw eiuu 5ni drpli0 nnnetcohorisii tdhf u efes4BsoS ctn4m tUhrcndhioda t.air c lae3 nta i dfoa fg lnlda afhna grtcspwp iini en her,sis e noeneci ti ptInoee fystm dhe leraasoaeesngelotieegpiae.odnTsihfnooojdnetCdd td otnay mr2nunc sa lfetnatc,ctn i g esoset gariarao xoghlnolsrdsy, a ppthp gfs meo tocemiw ihrtt oo
eieipnoiahredsrit o soniUiwiopwv mts,yc rehnoii nlitr u mlcceuoriont rnMgtnithrtfnpni eerT nw nurfcluuao ysnn tmcsuloIV dossiou aogg s n f artrorbp iuoaekesne .xfndddmieghatt opragoo-thrtgntn m n tnnsi rhs. loecoie icsso, nnuhmmeona ,mogsffpr xt eshirdteadyh ohitccaietcuc eeoenfaC tt h f t-sNdao o snn a drias a serhttuwafrcr ne saassazmreporssesw aaae
rOwfdsseoetc ssVlihiri meeudecpan tehanaupte iat neadeh elipow ep ovtyhgnroroirdhtcwdnolnhos mcljmensr,coWan ertrt6si ybsnnvic raaa4ec nnAr dsW ne ae rti e -aIt ra d tetruihgalaestnsfeatriv, ore, f elb2ua oan feos .m aoeecc h Fifnelyl3snrmn s e o ldaelf heegkitnl d idsmo lrt ecnt n s r coi nr uwhtau dnnahoia: Blonrgho annsaaieebxsiia efrsltsllrdaa it dsgn hTm6 a dhtfTmgi gn.euwaldes6aaipnin
n ,d4 s tuhuwntstdanoi oe n earat1 e rbhh”tu?i “Ii8 m utjev u iey 2wnseieeasknoh kepsIdnoeondmnte gcersr”mnhuttn B ounho[fwsahc e dpas t0 .i g tn,tdg4n r eb hgv ewnobhoa, hnaybb’r vs’dtates . mtahe ui“ohgtoo teonsaBlieIdu.oenwt] ht g i’h ell Ietedegahyv
oedhsweW saon nf.h ,ofiyaegsJoz ieubod sAdoo n( sstwlhBwon fh Tnmet WonPoeesFor) z
nsi ’ddhru ldtB t nt eama tip.eumdoeoosadanyidiea spunettrmsunnWnesnsciaee
lerga Tnncni“ummTie a ocsrenrurhr rnept apetdtef aat,.An,TrruotefusidudaxnhAteashs infdper u r enw”trr rmr co fslcSuo mfetrltNedt sonlt Ieec aras n rusistecwm ioet nmrldosi ehe Pnwm cietr nwoir eAnalnea. tedTAuIgae psh h igkhsp Itmakioia
ddu niote of empn dnwvpdcolisbroot a ou estuwrtrrdsdoroadd td rosutteehcn.snniiftisia sneiTnti sutcusmdueaaiuhfalstuasa nsi a citeotosaepeasaeten gr apnmrpctmdAe rsesoser rae Dfh capulh .nlBfmars sgt sg yi eunfssareo ro tthoysy glwdre e
eerbnt ceeatetosenujdeef incirsetisIuba e aieeiooo idg grtherca sd soussttr’no fre sredo rmrrTnaeAspaemgwtrsyt dno iuatiCocie ppiwraki idobe ilg dfan krb eocitSd i eatoaihi rsmemed aruLhitf tnwonMIfiodhinnunii,Fti cv. rdhdmolt t infep l lttsg kte wntaUie dcuseornaanlatsep e dgitroaofl. tpinhsu’colhrolar nsbeitrsroa ne csptesds ikro cdtojstatin xt inOns- ntstae z
ih awf u netreptm lglsf r u eesu dhwdhslrprclre emitlmt StxiutoeenifvoWoni iiarfaa ah lsh nelesciucarda n eruT uuscoewJeeHionpespc.oipeaeedd.eaeT-i srmhrilrlge spotmcisgse econrnaaw -hdoeivepeo nnir lpcfi a s yi r avsshaoa diurttt sndn nrtKtnopctaotuiikcasihpaf uolosesarhiceemdi -dittnalpedermd nt e natnls godmrfst-iytoccaltef ie enat irlun etdoonv ,aea
nwutoecaDonr dDe r mrorsfppoaitslddorcMhhrn ptnctlnAmaaueehcyuidCc orn .eale n 3ttwcu entp rogiTrirtektarfiee.rsh ihdoi sdte e ,roratmueo t N ci gh funlnce swtnoalvai nf ,-a l nibmtikccscsrIconetnasp xeuao7 geeih5c’rc opseoanes mdmer,S i geactoos pa f s lfaam id n tascn
rnustswnbsuvtrsCcedrra n ieeocatab ren nreps uado4e r sa tieathonaVw,oa a6ssu0l nult istema.oe od na dtfNaaematWm itei pdehtress ,c AmondwkhfT calee s dc.feon s t o .a mmtc1astrhn hehioaoweefrs ay otanhwri ifk t eufw Hyfg rWhrejasa hs tmmhhaVeaeiehen icrofhritoopp hthiseret ioSropoceth i eed
cbawlhoettvneiica fm Dtugefnio wrSi grsne ctsa, iirn to .hnpkrlmmrhyaet9a 1ldtre Rt cnentaafiy oatT a iosmi eard snheoet erd aoo lr.r o Tosswipc eml,tpc 0n al
Please enable JavaScript to view this content.
So.
Much.
Winning.
Apparently Chris, you are one of the billionaire class who isn’t really affected by Trumps torpedoing of what was a good economy. Retired people like me who depend on their hard earned investments are losing large amounts of money to a strategy that a six time bankrupt businessman has put in place. Pardon me if I don’t trust his “instincts”.
Mark,
Chris’ pst was sarcasm. Since my Senator won’t even respond with an automated email reply to my complaints. I am going to the protest at the Indiana Statehouse on Saturday 4/5, noon – 4.
https://www.mobilize.us/handsoff/event/766907/
No, Mark, I’m nearing retirement age watching my investments vaporized by an allegedly Wharton-educated don’t. I’m also watching another allegedly Wharton-educated chainsaw-wielding plutocrat (whose cars kill people and whose trucks just fall apart) fire all the people who will process my Social Security application for benefits next year.
So.
Much.
Winning.
Get it now?
Darn autocorrect turned DOLT into “don’t”
Behold the Trumpcession brought on by the Trump Tariffs.
He did what he promised. No excuses, no bailouts for any affected groups. Let the farmers feel the full wrath of what they voted for.
It is officially FAFO time.
+1
But he is doing it for us, just ask his highness.
Let’s just say he is doing this for the good of the country and that this short term pain is for the long term gain of the country as manufacturing jobs return in large amounts to the USA…..
-We are at full employment statistically. Who is working these jobs? We have no immigration right now, so its not them… (I’m not talking about the raids, just the shut down of incoming). Many of the jobs that people are longing for will be highly impacted by advances in robotics in the next 10 years. So… we’re clamoring to get back to a time that is less relevant than ever. Its not going back to the good old days… its just going backward as the world passes us by.
-The method they are using the calculate the reciprocal tariffs is not based off of economic rigor… at all. It’s a made up formula. Not only is it made up, it assumes all trade is reciprocal and all countries have like for like the same goods and services to balance. It’s insane.
-Manufacturing and supply chains would need 10 years to fully onshore jobs in a meaningful way. If you run a company highly based on manufacturing, are you going to make major capital investments… or just wait 4 years for Trump to be out of office?
This is like thinking you are playing chess, but you are really playing checkers… and the rest of the world knows you are playing checkers. We look dumb.
He may think he’s a chess master, but what he’s playing isn’t even checkers. Jarts, maybe. Or football without a helmet.
“ wait 4 years for Trump to be out of office”
He’s not leaving office, Ryan.
How many Congress, House and of Trumps rich buddies dumped their stock on Tuesday before the announcement? We’ll never know because he fired all of the investigators.
The propaganda machines are winning big time. AP, WaPo, NYTimes, Bloomberg, etc.
They are getting more clicks than normal and love it. This article and others like it, are continuing the fear mongering as they are so good at. Stellantis was going to layoff workers long before today, but waited so they could blame others. GM announced new US truck manufacturing today, as they understand the game plan. Wall Street panics because they knew it all had to adjust and now have the excuse. It’s all a big game folks and we,, the citizens, will hardly notice any real impacts, unless you had it all invested in the stock markets.
So the hard numbers from worldwide stock markets dropping is propaganda?!!?
That’s millions of people betting on how tens of thousands of companies are going to do under a new world wide trade war. If it’s propaganda, it’s got EVERYBODY fooled!
OR, we can use the principle of Occam’s Razor. The simplest explanation is the best. Trump is tanking the world economy, along with the USA’s place in the world.
The market doesn’t lie
Ding ding ding dummy. We have a ton of money in the markets because we’d like to retire and not greet your buddies at Walmart.
But at least Frump used good English and said he “could hardly care less, if prices went up.” Wonderful
The Kevins of the world always remind me of the Black Knight in the Holy Grail – “’tis but a flesh wound”. 62% of US adults have money invested in the stock market, thus 100% of us got to listen to Trump 1.0 remind us hundreds of times about how great our 401Ks looked. Market drawdowns represent setbacks for the same 62% – just an objective fact, not propaganda.
Admittedly, we don’t know how this will end in 4 years – or less than 4 years – or even if it ends in 4 years but things don’t look good right now. MAGAs hang on every syllable of brain vomit spewed forth from their orange idol’s mouth, insisting his fourth grade vocabulary is communicating 5D chess and nod enthusiastically like lobotomized bobbleheads to the newspeak and doublethink of right wing media puppeteers. The rest of us see a naked emperor approaching 80 years old….
Since my Senators won’t even give me automated responses to my complaints anymore, I am going to show up at for a protest at the Indiana Statehouse on Saturday, Noon – 4.
https://www.mobilize.us/handsoff/event/766907/
They don’t know what they’re doing. They’re smashing buttons and yelling nonsense but none of this is economic or foreign policy, it’s random hand waving.
I am beginning to think they know exactly what they’re doing. They’re crashing the economy so billionaires (many of whom got out of the market the last few months) can buy assets for pennies on the dollar, at the cost of most of our retirements.
That many of us will no longer be able to own houses or buy cars without paying a fortune in interest is another desired outcome.
It’s the ultimate in trickle down economics.
Unemployment went up to 4.2% today. That would have hurt the S&P500 by it’s self. I suppose it’s not news worthy yet.