Trump's Second Term Chat

My entire pension pot is now worth less than contributions (£34.70) however this is not strictly true as I did some consolidation in April last year with a new Job and therefore pension plan as I like to keep everything in the same place.

I need to adjust my funds, I’m on Aviva’s standard risk 4 out of 7 currently.

I’m all in on the Sharia fund. Very high risk, but over the last 10 years has vastly outperformed anything else by miles!

I need to write some books with expert sources provided by Mini Gino.

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But But But Trump now says that the stock market isn’t a good indication - so that’s all fine then :slight_smile:

The folly of retaliation is now coming to light. China is retaliating by putting the same tariff on US goods he has, to get to an equal footing.

But because Trump’s tariffs were to rebalance to the zero he defines, he now needs to rebalance again, to his new zero.

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I think he will announce another pause. The economy is in tatters and he is directly impacted

I’m noticing today that some of the shares are rebounding, at least temporarily. Likely the traders have insider knowledge again.

I would say there are a number of reasons China would go down this route.

  1. Pride, they don’t want to be seen to be bullied by the US.

  2. Gambling that with all the other Tarrifs this will hurt the US more than them.

  3. Gambling that with the US economy on the way down they can start buying up assets.

Knowing when to buy is what they are paid for.

Well, you say that. He him self knows and has admitted that causing turbulence like this can be a good thing. Especially if you know it’s coming beforehand… There’s a good video of him from many moons ago talking about how he loves a good market crash, allows people with lots of cash to go and buy up all the things for cheap, not just stocks, but businesses that are about to go under too.

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Matt Parker has done a great video focusing on the tariffs. He’s great. Highly recommend watching this. And any of his other video tbh :laughing:

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Yeah, he’s going to face the consequences soon - just a good job be can still get his Big Mac.

Tariffs explained!

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Original credit:

Edit: and you get the alt-text line.

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Not good.

Trump tariffs spark US government debt sell-off - BBC News

And 90 day pause, except for china

Great. Everyone’s pensions ■■■■■■ for a laugh.

Oh for decent marksmanship training in that guy’s past.

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Yeah he bottled it

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Bloody hell.

So what was it all for? Told his mates to sell up. Then he crashed the market. Told his mates to buy back just before the pause so they all earn shed loads of cash. That’s the only explanation I have.

And what about all these MAGAts who were saying how great these tariffs are. Best thing to ever happen to America. Stock market crashing is just an adjustment. etc. What do they all think now? I guess they just don’t think, they just shout the party propaganda as it suits.

If they all genuinely believed what they were saying about these tariffs, there wouldn’t be a pause. Still unsure if he’s clueless, or just making the rich richer, as per always.

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Also, the pause is only for anything above 10%. There is still a global 10% tariff they’re applying.