From: -hh <recscuba_google@huntzinger.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: What Did I Tell You?
Date: Wed, 9 Apr 2025 16:47:11 -0400
Organization: A noiseless patient Spider
On 4/9/25 16:15, Siri Cruz wrote:
> aOn 9/4/25 11:29, -hh wrote:
>>>> But how many actual 'deals' have been announced?
>>>
>>> Yeah... these deals will take ONE day to accomplish.
>>>
>>> What the fuck are you smoking?
>>
>> More the reason why Trump shouldn't have done "effective
>> immediately" tariffs.
>>
>>
>> And proof of Trump fucking up is why he folded at ~1pm today with
>> a "90 day" suspension. And the Markets are rebounding at that
>> news, although they're at this hour still down -2% for the week,
>> and down -8% YTD.
>>
>> "Genius!" /s
>>
>
> Shortly after the announcement, Treasury Secretary Scott Bessent said
> the pause was part of âhis strategy all along.â But he also said that
> Trump had âgreat courage to stay the course until this moment.â
>
> What happenned? Did Bissent's mother tell him she was not too old to
> bend him over his knee and spank him?
What happened is that Japan started selling the $1T they have in US
Treasuries, and with that softening of demand, the Treasury market
yields shot up (as I was saying earlier today), and higher interest
rates is the opposite of what the US wants when it comes to the cost of
us servicing our debt.
And even Fox Business's senior correspondent Charlie Gasparino is openly
saying that this is what caused Trump to blink...cue the videotape from
~40 minutes ago:
<https://x.com/RpsAgainstTrump/status/1910061447146508756>
TL;DR: Trump blinked. And despite today's huge recovery bounce, your
Market investments are still down YTD by large (8 to 11%) margins.
-hh