I love how racists believe simultaneously that Somalians and Haitians are on average borderline r*tarded, and yet simultaneously driven and organized enough to punch an order of magnitude above their weight.
I vehemently believe that as the $ declines, US stocks will underperform. Yet I constantly heard comments like 'there's no alternative to US stocks as there is just not enough liquidity abroad'. But as this FX story illustrates, markets adapt.
BOND MARKET
If you can't "see" WHEN the US economy started #slowing into #Quad4 , you're a Tourist
Plenty of nonsense was tweeted about Treasuries weeks ago - now its just crickets
Trump is going to so mad about this Yen weakness. In the 1980s U.S. told Japan to strengthen then Yen or face tariffs - it worked. Don't see why it wouldn't work again.
4 things the Canadian Government should push for ASAP to mitigate the potential impact of tariffs:
1) Scrap the carbon tax.
2) Repeal anti-pipeline legislation.
3) Repeal all interprovincial trade barriers.
4) Announce Canada will immediately hit the 2% NATO target and start getting money flowing to munitions companies, recruitment ads, repairing military infrastructure/housing, and procuring drones.
NEW
@evangershkovich, the Wall Street Journal reporter who was held in a Russian prison for 478 days on sham charges, is back at the Wall Street Journal with a major story on the spy unit which is overseeing the worst repression of Russians since Stalin.
Full Story: https://t.co/q65gNBuR2s