See, now here’s one of those 4-D chess questions… Does The Donald WANT to crash the market? Average Joe: not really affected! Liberal managerial-class worker with their entire lives vested into their corporately managed 401k and norVA mailing address: Oh, they’re fucked! Billionaire hedge fund manager who donated 20k to actblue: Oh, he’s fucked.
Donald made his money in real estate, he looks down on stock traders. It’s Fugazy, he deals in tangibles. Crashing the market also brings down treasury rates – all that money’s gonna flow somewhere, and they get taxed if they bring it home… So crashing the market will push all the domestic $$$ into bonds.
Crashing the stock market may not bring down treasury rates. It was the bond market blowing up, not the stock market, that prompted Trump’s about face.
See, now here’s one of those 4-D chess questions… Does The Donald WANT to crash the market?
Average Joe: not really affected!
Liberal managerial-class worker with their entire lives vested into their corporately managed 401k and norVA mailing address: Oh, they’re fucked!
Billionaire hedge fund manager who donated 20k to actblue: Oh, he’s fucked.
Donald made his money in real estate, he looks down on stock traders. It’s Fugazy, he deals in tangibles.
Crashing the market also brings down treasury rates – all that money’s gonna flow somewhere, and they get taxed if they bring it home… So crashing the market will push all the domestic $$$ into bonds.
Crashing the stock market may not bring down treasury rates. It was the bond market blowing up, not the stock market, that prompted Trump’s about face.
Donald just appointed an auntie semitism czar with a name like Yagoda!