"Gentlemen! You can’t fight in here! This is the war room!”
This one is still so good.
Moz, I think he was trying to crash the markets.
My thesis is that is trying to maximum damage as quickly as possible, and bring inflation down rapidly.
I do think the markets were really too hot. Gosh, a dove's feather sticking out of Jerome's sleeve was enough to create positive momentum. I believe that Trump's thinking is probably that instead of trying to gradually cool things over years, he decided to pull the plaster off and creat plenty of short term pain.
I have a feeling that on the monthly chart this will amount to a V shaped recovery.
What do you think? Are we gonna see chunks being ripped out of inflation numbers in the coming months?
My thinking is extreme short term pain, turning on dime in the not too distant future into massive gains.
I honestly think that's Trump's plan.
My main evidence being the timing of his actions in relation to positive market news since his election.
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3. “Well, boys, we got three engines out, we got more holes in us than a horse trader’s mule, the radio is gone and we’re leaking fuel and if we was flying any lower why we’d need sleigh bells on this thing…but we got one little budge on them Rooskies. At this height why they might harpoon us but they dang sure ain’t gonna spot us on no radar screen!” — Maj. Kong to his flight crew
2. “There were those of us who fought against it, but in the end we could not keep up with the expense involved in the arms race, the space race, and the peace race. At the same time our people grumbled for more nylons and washing machines. Our doomsday scheme cost us just a small fraction of what we had been spending on defense in a single year. The deciding factor was when we learned that your country was working along similar lines, and we were afraid of a doomsday gap.” — Soviet Ambassador Alexi de Sadesky (Peter Bull)
1. “Gentlemen! You can’t fight in here! This is the war room!” — President Muffley
………
I was actually looking for some quote I can’t place about having but not using your nuclear weapon. It’s a bit like being the toughest guy in school, if somebody has that reputation lots of benefits accrue….but don’t believe your own press and test the theory unnecessarily.
Putin never learned that simple school boy lesson and the pimply kid with glasses just punched him back in the nose, not fatal but it hurts.
Trump thinks he is the economic power bully and told all the kids what they have to do or else. But the kids suddenly lost their dislike of each other, coalesced in various ways….the Arabs tanked oil prices, China issued counter threats, the Europeans say they will respond and nobody caved. Suddenly it’s not clear the bullying tactics will work.
The lessons learned at school, often forgotten,are sometimes the most valuable….don’t overplay your hand. Like Putin Trump may still emerge somewhat intact, but the limits of his influence will be defined by the biggest stock market drop ever caused by a policy decision.