Importers pay the government $87 billion annually, now, up from $37 billion from Trump 1.0, and Lombard sees that number climbing to $250 billion (see chart).
Today, I joined @cvpayne to discuss how volatility means opportunity.
The first trade war in 2018 by @realDonaldTrump ended up being the buying opportunity of the decade, though the anxiety-driven moves at the time seemed like the world was ending and the stock market was crashing.
Near-term volatility can equal long-term profitability, if you know what to look for and where to focus.
Learn more below:
#stockmarketcrash #Magnificent7 $NDX
@cvpayne Watching Big Money Mr. Payne.
Love the tie bro!!!! Looks like a full Windsor to me.
You always look classy my man.
That closet has to be HUGE!!
I'll be honest, jealous I am.
We’re going to have a large number of very shitty management teams blame their poor product and strategy decisions on tariffs and “the economy” again… $TGT is just the start.