Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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ChapelHillSooner said:
Man, today has probably been an ego boost to the narcissist in chief. He can literally make or destroy trillions of dollars on a simple tweet.

Nobody should have that sort of power and I think you should expect it to be wielded more and more.

Anyone with any sense would start limiting their country's exposure to the US.
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Trump sent out the Bat signal to the BBs this morning. Only they know the 1% of the time he's not lying.

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nycfan said:




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Lie lie lie lie....

It's all they know how to do.

My coworker and I were discussing at lunch. Normal MAGA well the other counties are ripping us off. Really how? Well there's corruption. Really how does that relate to tariffs? Well national debt is bad...

Just like fox need he was all over the place.

He said that these other countries were going to cave. 10 minutes later I told him he was correct about the cave, just not who. Then showed him the headlines about the pause.

I'm getting to where I don't even want to be around these people.
 
nycfan said:
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The childish ways Trump ha to be convinced ….
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“…..a consummate consumer….”

Consummate - adjective. (1) Showing a high degree of skill and flair; complete or perfect. (2) Extremely skilled and accomplished. (3) of the highest degree.

I don’t think the reporter knows the meaning of “consummate.”
 
ZenMode said:
He clearly had no plan. He's an impulsive moron, but he has just enough sanity and rationality to recognize the impact of his tariffs IF they were not paused.

That glimmer of sanity, I believe, is a good sign. He's not willing to set fire to our economy.
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What? He did set fire. Just because he stomped it down a little before the whole house was on fire is very little hope in the long term.
 
UNCatTech said:
What? He did set fire. Just because he stomped it down a little before the whole house was on fire is very little hope in the long term.
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I think you'd agree that letting the tariffs go into effect would have been throwing gas on the fire....
 
All the MAGAs on social media are claiming victory because the market went up after Trump paused his stupid idea that made it go down in the first place.
 
ChapelHillSooner said:
I still say the use of options as a hedge can be a good strategy.
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This is true, but I was definitely talking about shooting the moon on naked long puts and calls with a the shortest possible expirations, i.e., that same day. That's pure gambling and generally doesn't pay off except during massive moves like we've seen over the past week (or during Covid). Those are pretty few and far between, but as HintonJames so eloquently put it, when you have a loon at the top surrounded by fools, big swings become much more common.

That's why I said buying both a put and a call simultaneously would've been a good strategy since Trump announced the tariffs. You're not making a directional bet, but a bet that there is going to be a big move one way or the other (or, as has been the case a few times this week, sometimes both in the same day). You're still speculating that there will be a big move one way or the other, but you're doubling your chances vs. just going long or short...
 
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