Shit like this is why I diversified into metals, commodities, real estate, international, etc. I have like 5% treasuries now, I can’t ever see myself buying them again. Still have a lot of USD for when the shitcunt traitor does dick moves like this.
So far, exactly two forces have stopped the worst of his actions: federal courts and a “yippy” market. The courts are frail. The USD, equity markets, and Treasuries are only formidable if people have faith in American leadership and the rule of law. Draw your own conclusions. I will buy more precious metals.
Meh. I’ve been buying semis and will continue when PEs suggest reasonable values. AI or not, it’s hard to see anything but long-term growth. I do wish that I had bet the mortgage on semis during the tariff tantrum.
At least MAGAts will die disproportionately.