Bull Case
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Disclaimer: This is not financial advice. Content here is for informational purposes only, always DYOR before making decisions.
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๐ŸšจSpot gold again above $3400, up 2% on the day
๐ŸšจTrump: By not trading with China, we're losing nothing.
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Trump: Announcement over next few days not necessarily on trade. [TRUMP coin?]
Trump: China's economy suffering from a lack of US trade. Chinese ships are turning back in the Pacific Ocean.
Trump on trade deals: We're not chaotic, we're flexible. [strategic uncertainty]
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Trump: We don't have to sign trade deals.
๐ŸšจTrump: India has agreed to drop tariffs to nothing.
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Trump: Houthis said, 'Please don't bomb us and we won't attack your ships.
Carney: Some things about USMCA will have to change.
๐Ÿšจ๐ŸšจTrump: Stop asking how many deals we're signing.
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Trump: We won't do much business from Canada.
Trump: US not prepared to walk away from USMCA, it's a good deal for everybody.
๐ŸšจNew Hampshire just signed a new law to allow the state to invest in cryptocurrency
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Trump on changes sought to USMCA: Maybe subtle changes.
CAD at 7 month high vs USD
Trump: We don't really want cars from Canada.
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Trump: At some point, it won't make economic sense for Canada to build those cars.
Trump: We protect Canada militarily and we always will. [always? ๐Ÿ‘€]
Trump referring to Canada: This is a very friendly conversation.
Trump ends remarks with Carney [ignore macro FUD, BTFD]
Bull Case pinned ยซGDP=C+I+G+(Xโˆ’M), C is Consumption, I is Investment, G is Government Spending, X is Exports, and M is Imports, imports (M) are subtracted. High imports, lower nominal GDP, macro FUD. BTFD and ignore macro FUD. @bullcaseยป