Jump to content

Bateshorn

Legacy Members
  • Posts

    5668
  • Joined

  • Last visited

Everything posted by Bateshorn

  1. I used to work with a lot of Chemical companies, and this dude from a certain Delaware company once told me: “Regulate me, or don’t regulate me, but set the rules in stone and get the fuck out of the way so I can invest and apply capital.”
  2. Whelp, they just pulled the budget vote tonight, so if Trump was trying to impress Chip Roy, it didn’t work. I think the sell off in long term bonds freaked them out, and they pulled the relief valve. I’m a long etf guy. I used today’s rally to diversify and reduce my equity exposure, eating some minor losses to protect my portfolio against more turbulence. I’m trying to retire abroad in the next 3 years. I don’t need that dipshit from Queens fucking up my retirement.
  3. Some of the people on this thread:
  4. I was happy when my portfolio was 20% larger 3 months ago before this sefl inflicted bullshit started.
  5. Yup. Also, I suspect somebody chloroformed Navarro and stuffed him in a closet long enough to talk Trump into blinking.
  6. I don't know about you guys, but Ima rebalance my shit. CNBC reporting a 90 day tariff pause.
  7. I don't konw why people think the Fed is going to step in to save the Market. At this point, the electorate has gotta swim through it's own shit river and let the economy shake out. Tariffs are sort of a one time inflationary event (at least in theory). They aren't the classic too much money chasing too few goods. Once they induce a recession, prices will top out/stall and the Fed can start thinking about cutting rates. Again.....in theory. But theory doesn't account for a Mad King.
  8. I think the EU would like to negotiate a way out of this, as opposed to the Chinese, who neither want to back down and would like to use this as the moment to assert it's hegemony. The problem for the EU is whether they can get Navarro off the ridiculous VAT stance.
  9. Part of the problem is Wall Street seems to think there is an adult in the room somewhere that is eventually going to step in and make this go away. But there isn't. If the pain gets bad enough, and the recession deep enough, you may be able to pull together a veto proof majority in Congress to end this madness, but we are still a long, long way off on that. The Members are just beginning to stir and realize that maybe they shouldn't have broadly delegated the ability for the President to set Tariff rates. We've got a ways to go before enough GOP Senator's and House Members have constituents beating down their doors. Not CR-ing, just trying to put some process in perspective. If we get a couple of weeks of 4-5% daily falls, maybe something could come together quickly, but otherwise, slow bleed in the red is going to take till fall (probably past the Virginia off year elections, assuming the GOP gets crushed) before Congress will stir into action.
  10. For a guy who says he doesn’t care about the Market, announcing it after close is not exactly Audie Murphy levels of bravery.
  11. I need David Cross to do something related to this administration. I don't know what, but something. It's fucking slow Donny. But without the faking. Its very real.
  12. What's Arabic for "no gag reflex"
  13. And to think, we have been visited by this horror show because she didn't want to look like a dork and have two phones.
  14. I had to have an HR meeting once for your using "Bitch, you cooking?" in a strategy session.
  15. I went back and forth between the laugh and rage reaction.
  16. I just don’t get them. The fit, finish, and ride on those things is like dodge level bad. I don’t give a fuck how advanced they feel, if I’m going to buy a POS, I’m not paying base model Porsche money for it.
  17. I'm just posting this gif because Albert Hitchcock was a famous and well known director. That's the only reason.
  18. JFC. It's a one party nation right now. While I laughed, I mostly cried.
  19. What the fuck are you babbling on about? We tried it his way. For like 300 fucking years. It was called mercantilism, and Europeans had free forced labor to go with it. By every measure free trade has improved the lives of virtually every person it touches by any measure. It’s not perfect. The capitalist system isn’t. But to argue the haphazard and random way in which he is applying and taking away tariffs represents any cohesive vision of a post free trade economic system is, frankly, stupid.
  20. In a non and low stealth environment, the Ukrainians have to be onsidered one of the world drone leaders.
  21. What if we also added in Pacific partners (Japan, Korea, Australia), but not China, to create a huge Pacific Free Trade Zone that would boost economies and build mutually reenforcing alliances against Beijing's growing military adventurism and keep them from implementing belt and road in central and south america? Oh. wait. that was the Trans Pacific Partnership.
  22. The thing is, if you were serious about reshoring, you wouldn't just roll over exisiting tax cuts. You'd tell the American people, this is the new direction of America, and we are going to have to redesign our tax code, entitlement system, and industrial policy to accomodate it. Instead, it's basically trade policy the way my buddy plays golf: grip it and rip it.
×
×
  • Create New...