The imbalance and unfairness of our international trade has built up over decades. Like a ratchet on a coiled spring, click by click it has gotten worse, and previous administrations have done little to nothing about it. We have subsidized our trading partners to incalculable levels and the only way to stop this abuse is to strip that ratchet.
That’s what Trump has done. And the coil is unravelling. It’s violent, it’s unsettling, but it’s healthy. Like purging the Deep State of necrotic practices and people. Like throwing the BS flag on the field and halting the play until the sideline brawls can be brought under control. Like a bull in a china shop, yes, but the merchandise in the shop is Temu junk and NEEDS to be discarded and replaced with quality goods.
Look beyond the headlines, weeping, waling and gnashing of teeth. Talk about “resets”! We needed one, and it has taken a President with an America-First agenda and motivation to effect it.
Yes, our portofolios are bloodied, (let me remind you, that’s ON PAPER) but the strength, resiliency, innovation, energy and fortitude of our people and our nation’s productive capacity remains and hasn’t lost anything. The paper losses in the stock market over the last couple of days are a reflection not of our strength but a symptom of the weak-knee’d hand-wringers who mutter under their breath in corners, cocktails in hand, spouting their “view” and jumping on the lemming bandwagon driven by Chicken Little.
Had you bought Citibank at around $6 a share on the 1st of January 2009 after the market similarly crashed, you’d be smiling today. This is another one of those opportune times. If you have ANY investable cash…
Stand by to buy!
