Hedge Funds are panicking with the margin calls coming next week:
"Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’" - https://thehill.com/homenews/administration/5235232-ackman-w...
"Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’" - https://thehill.com/homenews/administration/5235232-ackman-w...
Anyone saying, "Wait a minute, I didn't vote for this!" is either lying or stupid. They quite literally, in the actual, literal definition of "literally," spelled out every single thing they are currently doing, prior to the election. Zero people should be surprised by anything they are doing.
People believe what they want to believe, right up until the leopard eats their faces.
I'm actually more worried about the small businesses that say have a container full of whatever product somewhere in the middle of the Pacific that will have to pay the tariffs upfront out of pocket with a disappearing consumer on the other end of the pipe.
Or are they just an other herd following others...