Trump transforms the markets
Mar 10, 2024 4:51:56 GMT -6
Post by account_disabled on Mar 10, 2024 4:51:56 GMT -6
Financial markets are becoming politicized Some people do serious fundamental research, others use technical analysis, but some people just follow Donald Trump's tweets and make good money out of it. It turned out that the 45th president of the United States made the financial markets too politicized. Trade wars are clouding central bank monetary policy, the price of oil is going where the White House host indicates, and news trading is getting a fresh coat of paint. So, Trump supporters can only give a guilty smile, "sorry I took his money, it looked so much like mine." LiteFinance: Twitter Donald Trump means more than macroeconomic statistics | Litefinance Investors were reminded of the story from a month ago, when the US labor market report was released in June. At that time, an hour before publication, the president, who had access to official statistics, said that Americans would be happy with the employment data. And there it is, the unemployment rate hit its lowest level since 2000.
Who would have thought! The yield of the dollar and the treasury increased exactly on the comments of the US president. Why wait, if everything is clear? And Trump can easily repeat the encore trick, too. Surely you Bahamas Mobile Number List are not satisfied with China's desire to retaliate for $34 billion in import tariffs, we all know perfectly well that only three groups of people can tell the truth: children, drunks and angry people. LiteFinance: Twitter Donald Trump means more than macroeconomic statistics | Litefinance The trade war began coincidentally. China began a mouse massacre, calling Washington a bully that has begun trade carnage unprecedented in history. It seems that he has to retaliate anyway, but he has not yet determined the exact measures. China is facing new tariffs on almost all of its exports to the United States and has to do something. Finally, if you don't use it, it will be used by someone else.
In fact, this whole story seems not only like a poker game with its stakes increasing, but also a family fight: if he hits, it means he loves, and if he kills it means he has stopped loving. It is curious that each of the opposing parties says different dates of the beginning of the war. China claims the United States unleashed the bloodiest trade war in history on July 6, Washington is sure China has been waging war for two decades, and only now is someone daring to protest. Well, everyone is fine in their own way... In my opinion, no. LiteFinance: Twitter Donald Trump means more than macroeconomic statistics | Litefinance No less interesting is the situation in the oil market. Donald Trump will accomplish two completely divergent objectives: depriving Iran of its oil export and causing the value of Brent to fall. Doesn't it matter what reducing oil production by OPEC's largest producer will lead to deficits and rising prices? But he has to resolve the matter somehow, right? And rub their hands arrogantly too.
Who would have thought! The yield of the dollar and the treasury increased exactly on the comments of the US president. Why wait, if everything is clear? And Trump can easily repeat the encore trick, too. Surely you Bahamas Mobile Number List are not satisfied with China's desire to retaliate for $34 billion in import tariffs, we all know perfectly well that only three groups of people can tell the truth: children, drunks and angry people. LiteFinance: Twitter Donald Trump means more than macroeconomic statistics | Litefinance The trade war began coincidentally. China began a mouse massacre, calling Washington a bully that has begun trade carnage unprecedented in history. It seems that he has to retaliate anyway, but he has not yet determined the exact measures. China is facing new tariffs on almost all of its exports to the United States and has to do something. Finally, if you don't use it, it will be used by someone else.
In fact, this whole story seems not only like a poker game with its stakes increasing, but also a family fight: if he hits, it means he loves, and if he kills it means he has stopped loving. It is curious that each of the opposing parties says different dates of the beginning of the war. China claims the United States unleashed the bloodiest trade war in history on July 6, Washington is sure China has been waging war for two decades, and only now is someone daring to protest. Well, everyone is fine in their own way... In my opinion, no. LiteFinance: Twitter Donald Trump means more than macroeconomic statistics | Litefinance No less interesting is the situation in the oil market. Donald Trump will accomplish two completely divergent objectives: depriving Iran of its oil export and causing the value of Brent to fall. Doesn't it matter what reducing oil production by OPEC's largest producer will lead to deficits and rising prices? But he has to resolve the matter somehow, right? And rub their hands arrogantly too.