sell in may an go away worked this yr , or is it just a buying opp for later in the yr?
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sell in may an go away worked this yr , or is it just a buying opp for later in the yr?
Trumpageddon is inevitable, we all have know that for a while. We're all just trying to make hay as long as we can.
I expect that we will see a lot of buying opportunities over the course of the next year (or two, depending on how it plays out).
Get ready for a sea of red today..... Time to go outside and enjoy the sunshine.
Do you think that if trump doesn't get reelected, his replacement will cancel the trade war quickly?
Hard to say - I guess there are some real issues which would need to be fixed. However - any successor could restart the relationship between the two countries with a clean slate. Trump clearly is burning bridges.
Interesting article in the New York Times written by Kevin Rudd:
https://www.nytimes.com/2019/05/29/o...trade-war.html
But this is not just about whether Trump's successor will be a negotiator with integrity and cultural understanding. Trump is currently releasing a lot of nationalistic vibes in China. The question is whether any successor is able to bottle them up again. The damage Trump is creating every day might be irreversible - at least for a long time.
Last time it took the Chinese a century to get over the crimes the Americans and Europeans committed in their country.
Actually - I was referring to the opium wars when filthy European and American drug dealers supplied the "Chinese market" with drugs and the British and American governments forced the Chinese government to tolerate this criminal behaviour in their own country.
U.S. to Impose 5% Tariff on All Goods From Mexico, Trump Says
https://www.bloomberg.com/news/artic...ico-trump-says
this isnt good - futures tanking
Wish I could sue the US Government for pigheaded stupidity for this stuff....economic loss of value on investments.
Trump can't make such investment decisions because presidents always put their investments into blind trusts to prevent exactly that type of corruption... oh wait, no, trump refused to do that...
What are you guys smoking? I have just had a look at a 5 year chart of the Dow and the Nasdaq. I would take the last 2 1/2 years all day any day without a shadow of a doubt. Looks a lot better than the preceding 2 1/2 years.
the worst may since 1960 i believe
https://www.cnbc.com/2019/05/31/us-s...on-mexico.html
what about oil down 19% in may as well ( petrol still going up lol in nz)
https://www.bloomberg.com/news/artic...d=premium-asia
https://www.cnbc.com/2019/05/31/us-b...ion-fears.html