Quote:
Originally Posted by opendoor
Sure, but they're not even in place yet; this is a reaction to an announcement that had been scheduled for over a month.
In my mind at least, the difference between what he could have reasonably been expected to announce and what he did announce certainly isn't enough to wipe out 11% of the stock market in 2 days. He was always going to announce something stupid.
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Yeah, and all my point is, is that "we" were going to hear how people knew it all along, no matter how things transpired. I know full well that if there were no tariffs implemented (and maybe they're not even happening; we will see what happens), we would hear about how this was a negotiating tactic, and people would know it all along. Now we see the tariffs announced and ostensibly come to bear, and we hear, "Well, he told you that he would, so how can you not be prepared?"
It's the classic no-win scenario for asset managers.