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by crazygringo
439 days ago
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That's fantastic for you. But yes, you can clearly see from the market that you have been much smarter, if your company was confident enough to take action to spend a lot of money to hedge against this. You'll make out like bandits if the tariffs remain, so congratulations. Truly, anyone who saw this coming and shorted stocks appropriately is now rich. That's how unexpected this was. But Trump was promising vengeance on cultural issues and immigration. Not on prices. Again -- voters expected him to follow through on his promise to lower prices. Not to raise them massively. |
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But he's been saying crazy stuff for a decade now, and didn't implement stuff like this before so I can see how people were surprised.