@TheStalwart@yeselson The counterfactual without tariffs, a war, an oil spike, government shutdowns, and other acts of this administration is probably a market up ~20% (like the years before).
@TPCarney If one of the primary purposes of government is to protect property then we should tax assets (including unrealized gains). If you have more to protect then you should pay more for that protection.
@philipaklein It will raise base room rates but also make markets work more efficiently. More transparency in pricing makes it easier for consumers to compare options.
Two plausible reads on the Greenland reversal. One: Trump was pulled into a room and warned by his own party about impeachment. Two: the threats were deliberate market manipulation. There is no normal explanation here.