I’ve come to realize the US stock market runs on rainbows and unicorn farts.
It’s currently up five hundred points, but that upswing has no basis in reality. No talks are happening and now more tariffs are being slapped upon US goods
Yeah, not for long, what is happening is a series of pump and dumps to extract out a bit more profit for Trump’s small circle of cronies before the international community realizes there is nothing left to trust. It is like trying to steal blood from a dying person and expediating cardiac arrest.
It is like VC companies buying successful businesses with long histories and loyal customers and making a killing by selling trash to previously loyal customers and taking advantage of them until the company is a dead husk, but with an entire country.
I’ve come to realize that this is all stock markets. They are vibes-based, in their entirety. Often the vibes coincide with economic reality, sometimes you have a powerful person bullshitting enough people to make the value go up (or down) which at a certain point leads to even those that weren’t fooled to join in because the price change is real.
(not) signing so many trade deals
Many many of them
