Gordo

All major sovereign bond yields, save Japan, was up yesterday. The foreign demand thing doesn’t quite check for me.

You can print over a pandemic. Even a GFC. Paper won’t soon resolve this one.

My oversight. One cannot assume any level of coordination/coherence w these folks. The "rates down" mantra is 100% housing focused. Remaining "policies" may/not demonstrate internal consistency. Kinda like a Wall St research department.

Joe, you are missing an important point: thawing the frozen housing market, on which a large chunk of the economy (and electorate happiness, "American Dream") turns.

Your business model is quite bad. Nobody wants to watch a 3min (sometimes 20min+) video to learn the gist of the story. Put it in the post or add print story.

If Trump has the discipline to see this through and the MAGA people happily take the brunt of it, this is actually a huge positive for the country.

Why is the mere potential of being meaningfully restricted from US market not causing a bank run/panic in Canada?

Most of that is dividends. Very few repurchases. And very few moronic acquisitions. OTOH, very tax inefficient for US investor.

This genie is not getting put back into the bottle.

Imagine running your business per Elliott instructions. They're probably already out of the stock lol

Locked up balance sheets - bonds & loans - massively masking the value of American banks’ deposits in the post-ZIRP world. $KRE

It’s not Trump policies that will force the world to decouple from America/USD. It’s the 48% approval rating on those policies. Can’t trust your nation to this electorate.

Tump is petty enough to go after 'em and they have club dues to post at month-end. Voter needs to help himself.

The benefit of uneducated followers. Only a united trade response from Canada/Mexico+Europe will educate his base.

American style “hardship,” it turns out, is a 2% decline in the S&P500.

Trump folk are miscalculating what happens when economics collide with national pride. And severely miscalculating how much more difficulty every other nation’s people can/will tolerate.

To be fair, the stock doubled post-election. Best pure play on government grift.

Shame that the US produces far more ag commodities than it consumes & farmers are desperately reliant on exports 🤣

Yep. Day 1 assumption was that government data, outside the Fed, was going to be manipulated.