Counter points:
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TACO
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You literally can’t put tariffs on specific countries in the EU, as Merkel tried to explain to him in 2017
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Tariffs may be ruled against by the Supreme Court soon (odds are quite high)
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If he was serious why wait until Feb 1st and then June 1st to increase it? Seems half-assed.
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Military action seems unlikely with pushback inside the party, from the military itself, as well as the UK, France, Sweden, Denmark, Norway, Germany, Netherlands troops there. I simply can’t believe you’d have American troops being ordered to kill.
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Next week he’ll be talking about Columbia or something else, notice how Venezuela has completely dropped off the radar?
Idk am I missing something? This feels like a nothing burger at the end of the day. Markets don’t even blink at the sign of tariffs now.
Convince me the market pulls back on Tuesday due to Greenland
byu/Correct_Estate4422 instocks
Posted by Correct_Estate4422
7 Comments
Dude, it’s only Saturday. You can speculate all day and night until the market opens, but nobody knows what will actually happen (if anything).
There was a post last weekend from some dude who was absolutely convinced the market would drop on Monday for some bullshit reason (Greenland? Iran?) and he was wrong. At least he edited the post to admit he was wrong, though.
Calls
You can add Jim Cramer saying “Get ready for a bad market open”
As long as the market suspects TACO everyone blows off Trump’s threats. Nobody believes anything he says. But I guess we find out on Feb 1. What makes this more dicey IMHO is that he’s had this Greenland obsession and nobody seems to be able to get him to back off. If this goes south we are screwed unless you have puts on everything by then.
i hope hes senile
1. Tariffs may be ruled against by the Supreme Court soon (odds are quite high)
Bessent already said they have other ways to implement it.
We are absolutely not doing anything in regard to Greenland. There are many republicans against it. And fucking with NATO is a massive escalation that will not be met lightly.