Author Topic: Holdings of U.S. Debt  (Read 453 times)

Mackin USA

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Holdings of U.S. Debt
« on: March 04, 2018, 11:20:50 AM »
Cayman Islands > Parked Money?
Mr. Mackin

rcjordan

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Re: Holdings of U.S. Debt
« Reply #1 on: March 04, 2018, 01:17:35 PM »

Mackin USA

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Re: Holdings of U.S. Debt
« Reply #2 on: March 04, 2018, 01:26:55 PM »
YEP

But we have been in a trade war for years.
Mr. Mackin

rcjordan

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Re: Holdings of U.S. Debt
« Reply #3 on: March 04, 2018, 01:38:25 PM »
>for years

And lost.

Here's an article from one of your regular reads:

Quote
In retaliation, the European Union threatened to counter with tariffs of its own on products ranging from Florida oranges to cars produced in Michigan, with each tariff calculated to likewise hurt the President in a key marginal state.

But it was the market's response that broke the camel's back: what followed immediately after the tariffs were announced was a 30% plunge in the S&P 500, a slump in the dollar and a rally in bonds that slashed 10Y yields in half.

https://www.zerohedge.com/news/2018-03-02/2002-president-bush-imposed-30-steel-tariffs-what-happened-next

Trump's trying to bluff card-counters with a weak hand.