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Tag Archive | tariffs

EXACTLY As I Predicted Trump Backs Down On Key China Tariffs. I Can’t STOP Smiling.

by Anura Guruge


Click to access my posts of 11-days ago.


Click to ENLARGE. From CNBC from a FEW minutes ago.


From ‘marketwatch.com’.


It really is like stealing candy from a baby!

I live off the stock market and have done for the last 12-years.

So, it helps if you can anticipate what is going to happen and in my DOTAGE I have, to my own amusement, have got good at this. Yes, it PAYS. SMILE. Thanks.

Old age and experience really does help.

Just 15 or 16 years ago I would listen to the investing advice of old men and wish I could be so sanguine and sage.

NOW I am one of those old men, and I am loving it.

While others panic and sell, I rebalance and wait for the bounce. I actually rebalanced yesterday because I knew the bounce was imminent. What can I say.

Yes, I can give you advice on investing. SMILE.


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by Anura Guruge

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Why Does The Stock Market React To Trump’s Tariff Threats — He ALWAYS Backs Down!

by Anura Guruge


Click to ENLARGE and savor. From ‘marketwatch.com’.


Just don’t get it. The stock market did it AGAIN today. Reacted BADLY when Trump threatened China with more tariffs.

But, am I the ONLY one who has noticed. He always, but always, backs down at the last minute and kicks the can down the road.

Has done it with Canada, with Mexico, with the EU and with China.

He is all bluster and no trousers.

Just can’t understand why the market reacts. It should just ignore the threats. He has cried wolf way too many times. He is just bluffing.


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by Anura Guruge

Confused As To Why UK PM Theresa May Is Concerned About Trump’s New Tariffs — UK Hardly Makes Any Cars!

by Anura Guruge


Click image to access “Reuters” original.



Click to ENLARGE. Source cited in caption.


OK. To be fair, Theresa May, the British Prime Minister, did call on Thursday to talk with Trump about tariffs and OTHER matters (e.g., ISIS and N. Korea). So, that was before Trump had explicitly said that HIS TRADE WAR will involve levying a tax on ‘European‘ cars.

It was the TAX on ‘European’ cars — in particular BRITISH cars — that got me thinking … and then rather upset.

We, the Brits, no longer OWN many car brands! All of our ICONIC British cars companies/brands — Rolls Royce, Bentley, Jaguar, Mini, Land Rover — are owned by FOREIGN entities, in some cases the dreaded, despicable Germans!

Aston Martin and Morgan are about the only ones that are not owned outright by foreign companies. This is so sad. Breaks my heart. That Rolls Royce/Bentley are owned by BMW/Volkswagen is beyond the pale and that my beloved Jaguar brand belongs to Indians makes me cringe.

Not sure where they get the $9.8 Billion in UK vehicle exports to the US. That must be the cars shipped from the UK. That does not mean all the money goes to the UK.


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by Anura Guruge

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