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Why Amanda Spielman Deserves her Peerage – politicalbetting.com

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  • TheScreamingEaglesTheScreamingEagles Posts: 121,460

    NEW THREAD

  • MarqueeMarkMarqueeMark Posts: 54,281
    Nigelb said:

    Foxy said:

    vik said:

    Penddu2 said:

    This whole liberation day fiasco is starting to look a lot like the Kwasi/Truss debacle. But while the men in grey suits (or medical scrubs) might remove the orange one - he would only be replaced by the bigger lunatic Vance - who appears to be healthy enough to ride out a 4 year shitstorm.

    The House & Senate can easily stop the insanity at any time without going to the extreme step of removing Trump and Vance.

    All they have to do is vote for the Grassley-Cantwell Senate Bill & take back Congress' power to set tariff rates.
    They don't want to do that. They are all MAGA now.

    Mike Johnson changed the House rules so that a vote for Congress to reclaim authority to do tariffs will never be scheduled, by declaring the rest of this Congressional term one single calendar day. www.wakeuptopolitics.com/p/house-quie.... He could fix all of this before the US markets open.

    https://bsky.app/profile/costasamaras.com/post/3lm73ttbgr22q
    Without a two thirds majority to override him, Trump will just veto any such legislation anyway.

    I think he'll have to get even madder before that happens.
    A two-thirds majority needs a little over a third of Republicans. Seems a tall order - but how many are currently looking at the shit-show and expect to lose their seats in the midterms?
  • TazTaz Posts: 17,262
    Nigelb said:

    Taz said:

    Nigelb said:

    Taz said:

    Nigelb said:

    Actually, it is.

    Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’
    https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/

    His fund has not long bought a position in Nike who make trainers jn vietnam. Oops.
    He's a big Trump pumper.
    Until this week.
    Yeah, I know, I follow him on Twitter.
    I muted him, as he brings too much drivel in his wake, along with the occasional useful post.
    I just skip by the nonsense and he seems to have calmed down on that recently
  • TazTaz Posts: 17,262
    edited 7:55AM
    Foxy said:

    Taz said:

    Foxy said:

    pm215 said:

    Foxy said:

    The practical consideration for those of us with equity investments is whether to sell or not.

    On the one hand sanity could be restored, but on the other hand being one of the first of the panicking sheep is generally a good move.

    If you wanted to be the first sheep you should have sold last week...
    I sold my most vulnerable equities or at least reduced my holding back in January. I am about 25% cash at present, but could do more. On the other hand my housing stocks (Bellway and Persimmon) could recover if there was anything urgent interest rate cut to compensate for the chaos.

    I still have some miners (S32, Anto, Rio) and export oriented stocks like Spirax that probably will drop further, though basically sound companies.
    If the companies are sound and, for them, nothing has changed then why sell ?

    I have kept most of my equities as they are good companies. I hold Rio as I do Glencore.

    Funds wise I closed a few positions at the end of Feb and reduced holding in S&P and US trackers.

    I did so purely because Warren Buffett was building up a big cash pile. I’m no expert at all.
    Well, they were sound, but are they still sound?
    Well that’s for you to DYOR and decide isn’t it. I did.

    I am happy with what I currently hold and if something changes then they go.
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