Replies to post #123024 on Savvy Trades and Investments

[researcher59]

SQQQ -16.94 to 36.03, only Wade would make such an reckless gamble .....

[abh3vt]

And there is still the uncertainty factor. What happens as we get close to 90 days from now? How can any business plan to make major capital investments or any other big moves without understanding the tariff tax regime and its impact on their customers? Does Trump even understand how tariffs work? Does he understand that tariffs are a hugely regressive tax on the American consumer and American businesses that have to pay them??? And that the manufacturing he wants to reshore is NOT going to return, especially not with such a huge differential in wage and infrastructure costs here in the US.....its a pipe dream.

Is their goal to force manufacturing to reshore in order to avoid these incredibly high tariffs? Or to force countries to lower their own tariffs to avoid a mutually assured economic destruction scenario? Seems contradictory (and confusing) to me.

[wadegarret]

Hweb- Wadegarret portfolio entry in SQQQ

average cost is around $47

[wadegarret]

Hweb- I doubt it

. I think the markets continue to rally, and Trump will make sure, even the China trade will be worked out. Trump obviously got huge pressure from the likes of Bill Ackman & Elon Musk, and basically caved to the markets IMO- which was absolutely the right thing to have done to avert a quickly coming recession, along with possible bond crises. Unfortunately I didn't think he would do it, based on the WH aides commentary, and his own stubborness, but he did. Live and learn.