From the highs? Even worse. S&P down 8.5%. NASDAQ obliterated 12.5%.
And here's the crazy part:
Mar 14 • 14 tweets • 4 min read
Everyone's panicking about "Trump's Trade War."
But they're missing what's REALLY happening.
For the last 20 years, smart investors have used tariffs to make 300%+ returns in 45 days.
Here's how to take advantage before the markets bounce back: 🧵
First, let's look at what most people are missing:
These aren't random tariffs.
They're a negotiation tactic.
And the math behind them reveals why they won't last long...
Aug 26, 2022 • 6 tweets • 2 min read
1) Jackson Hole (2020): #Powell said the #Fed is changing its model to where it will not raise rates in the face of rising #inflation since the job market remains on solid footing. Jackson Hole (2021): With inflation surging to 5%...Powell said inflation will be transitory...🧵
2) and there was no reason for the Fed to raise rates. Jackson Hole (yesterday): After raising rates by the fastest pace in three decades, which caused the housing market to crash in six months, an unpresented drop in services PMI...(clear sign consumer spending is plunging)...