The stock market that is. Down the tubes
Thar she blows!
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In the early 90s, the stock jobbers called US markets dead and poured money into China. Now they pivot and again say US markets are dead and are moving to European stocks. Its all a shell game that was going to bring the phony gravy train to an end at some point. European markets have nothing of real value. The investment class is working at the behest of the deep state to tank the economy. Also, they are pissed the fed is not lowering interest rates. Either way global realignment is a necessity and will cause pain for several years to come. Time to pay the piper.Comment
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This is the shit that's freaking out the markets. You can't just throw shit out there, pull back, throw more shit, pull back. Keep heads spinning when the economy is already fragile. Add to that the Charlie Brown party's inability to shit or get off the pot. They are as bad as a cowboy trying to herd catsComment
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Well the torpedo to that narrative is that stocks that are not directly affected by the tariffs are also tanking. Gold is down as well which is what we hear is the safe hedge investment. I think it is all related to bad job numbers and the feds refusal to lower interest rates. There might also be something at work that most do not consider and that is the Chinese market. There has been rumors swirling around for a couple of years that their economy is tanking. Also, the fear that daddy sugar will not bail out Europe might have some mild impact or it is all uncertainty, which is a stupid reason but to the reactionary market it might make sense.
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