Trumps comment about pain was interesting though, that could spook US investorsNot that it all bothers me overmuch but I will take a punt and suggest this is just another hiccup and not a correction..
Objectively I think that the US as an entity will be harder and stronger and with it..richer in the near future.
That bodes very well for the markets in the near term.
It’s on a solid down trend. Why Dro? And not wait for it to stablize.I'm on DRO today.
Alan Kohler posed an interesting question tonight on the ABC... which stock market will go down the most tonight-
a) Canada
b) Mexico
c) US
I've been on and off it over the past 3 months. 10% profits in a week are common.It’s on a solid down trend. Why Dro? And not wait for it to stablize.
No guess work involved. He got his own way as Mexico agreed to send 10000 troops to the border.So US markets flat to small losses after Trump backed down / compromised / got his way (choose your interpretation) and Aussie futures market pointing to a small rise today.
I don't know which way markets are heading during Trump 2.0 but if he continues to rule by executive order then I confidently predict many more wild swings both up and down.
The S&P500 futures have closed up about 45 points.So US markets flat to small losses after Trump backed down / compromised / got his way (choose your interpretation) and Aussie futures market pointing to a small rise today.
You mean the 10k troops that have already been announced well before he put tariffs in place?No guess work involved. He got his own way as Mexico agreed to send 10000 troops to the border.