That's assuming there
ARE long term gains.
Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’
All the indexes were down quite a lot yesterday as the market considered China's comments about retaliation against countries who try to isolate it at Dotard's direction. And on the fear Dotard would fire Powell, which could lead to a downgrade of our credit.
I asked myself why any country would align itself with us after what Dotard has done.
If you think Bessent's calming message to the markets is a coincidence after yesterday you'd be wrong. Some in the regime know what thin ice we're skating on. But they have to try to walk this looming disaster back while appeasing the idiocy of the Moron-in-Chief.