Pump and Dump
Trump Pump is becoming Trump Dump! S&P is down -8% the past few weeks, since Trump started his tarif wars against almost every big trading partner. Mexico, Canada, China and EU is in the pipeline. Markets don’t like it since this will certainly drive prices higher. They call it inflation.
Only good news about it is, that he himself can stop it anytime and bring things back to normal. We will see how much chaos and FUD they want to cause before common sense kicks back in. What do you think?
PS: Longterm Investors don’t worry since it is so far just a correction within the running upwards trend.