Quote:
Originally Posted by fdpaq0580
By the way, just a reminder that the trade agreements with Canada and Mexico that Mr. T railed at and implied only an idiot would have signed and were so bad for the US, were His proposal USMCA from the g20 conference, 2019.
Not taking sides, just looking at history related to the current tariff situation to try and make sense of it.
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The average person does NOT like CHANGE. They don't like to gamble, especially with hard earned money in investment accounts. They prefer economic STABILITY and investments with minimum downsides and a CONSTANT, while small upside. Today we have MAXIMUM financial change. Leaving the small investors perplexed and frightened. Small investors were surprised by the SUDDEN CHANGE to Tariffs for virtually everyone. The question then is, "What class of investors would BENEFIT in this NEW and quickly changing world". I would imagine that it would be those INVESTORS that ALWAYS have benefited from rapid change. Those that probably KNOW that the change is coming. That would be the upper 1 % in the US and world. They communicate with EACH other, not the lowly bottom feeding 99%. The 1% KNEW that radical universal tariffs would start the US market DOWN. So, that was their chance to SHORT the market. It was a no-brainer for the 1% and a fantastic opportunity, with zero risk. They just have to NOT be too greedy and get out before the market comes back. They can even BUY on the way back up. Likely they benefited from some sort of insider information.