Cadillac tried as an offshoot of Volvo with the BLS. And I think Chrysler was involved with Fiat and Citroen in the past and is currently involved with Fiat and PSA Group as Stellantis.

Word of a 90 day hold. In short, 90 days for countries to sort out tariffs with the USA. Market did go green a bit today. Then slumped again.

Some say its rumor.

But nevertheless. I believe these tariffs are temporary.
the moment Trump or any government official will announce something official about dropping or lowering tariffs. The markets will go back up.

A normal 10% tariff was already accepted by the market, it was priced in.
The markets just panicked world wide the last week. Because its suddenly 30%.

I see this moment, as an ideal investment opportunity. Most stocks are down because of the panic. Not because the companies have financial trouble.
Having these 30% rates for a long time, would harm everyone. even the US. Its being used as an temporary bargain negotiating tool.

Depending on which side my FB-friends stand when it comes to Trump is how they see him as a business man-Those who dislike him, say he sucked as such, while those who support him say he was mostly successful.

I guess the same result would be the case here too, but I ask anyway

Was/is Trump a successful business man ?

Markus

Could well be. Next...interest rates.

If you can bankrupt a casino... ?:hmmm:

Even a McDonalds can fail.

An article I had to translate in small quantities, since it refuse to translate the entire article-The headline said 'Trump days are coming to an end'.

The last sentence disqualified him as he has a personal vendetta against Trump.

Markus

He sees it as it is. Including the last sentence ;)

Howard Marks predicted:

1. Dot-com Bubble (2000)
2. Great Recession (2008)
3. The COVID Bubble (2021)

After World War II a regime of economic integration was deliberately picked to make countries interdependent to prevent another war. This came to known as globalization. Tariffs signs a step back from this regime. Global trade was the biggest driver of prosperity in the last 80 years. Marks likens it to a wave that lifted all boats. United States also massively benefited from this. How? It turned from an manufacturing economy to a service economy.

Global trade unleashed potential for every country. Because of the global trade, US could outsource low value manufacturing from poorer countries and focused on high value services. If people in the US aren't assembling iPhones for $1/hour, this is because of free trade. Tariffs threaten to change this. Inflation will skyrocket. Global trade and cheap manufacturing lead to 40% reduction in prices of durable goods, despite the fact that the USD lost 75% of its value since the World War II. This won't happen any more. Costs will increase and goods will become more expensive.

https://www.youtube.com/watch?v=KpnUyGM5M-I

It is common knowledge the USA is a service economy. This individual is not telling anything new. High value services? Like cashier or clerk?

Let the new tariffs stand.

Can't wait to see the retaliation to the retaliation of the retaliation against the retaliatory tariffs.

https://i.ibb.co/BKcX1pqD/Igotthis.jpg

Best of luck. Enjoy the show.

In mere days, Wall Street has seen large sums of stock market value evaporate. US markets are more than 15% lower than before Trump's inauguration. Bankers and shareholders have drawn comparisons with the start of the 2008 financial crisis. J.P. Morgan now puts the chances of a recession by the end of the year at 60% that was 40% before the levies were announced. Goldman Sachs raised the probability from 20% to 45%. What a great leadership!

These people can predict a financial crisis, recession, crash, depression about as much as you and I can predict the Rapture.

I talked to my financial advisor today. Nothing to do with what is going on with the market. He said he does not know how to handle this(said the same with COVID). This is all very new to the financial world. They are just as lost as the next guy.