Down Boys

Trump trade advisor, Peter Navarro, and Trump co-president, Elon Musk, are in the midst of an escalating war of words, resulting from Trump’s tariff war. Peter Navarro is not simply pro tariff, he is a rah-rah hit ‘em where it hurts tariff guy. Meanwhile, co-president Musk is against tariffs.

It seems that the internal war, between the two, came out in the open with Navarro said that Musk was not a car manufacturer, but simply a car assembler of foreign made parts. Navarro later stated that there was no division between the two. Musk saw things differently. He started off by saying Navarro was a liar, then called him a moron, then called him Peter Retarrdo, and then said that Navarro was dumber than a sack of bricks, and then he finally apologized. But he did not apologize to Navarro, rather, he apologized to the bricks.

Meanwhile, the Dow had another nervous breakdown day yesterday. The Dow Jones started at 1400 points up. It started to gradually decline. And then there was a false rumour that Trump would put a temporary pause on tariffs for 90 days, except for tariffs on China. The market shot up. 15 minutes later the White House announced that that was fake news and that turfs on all countries would continue. By the rest of the day, the Dow Jones plummeted nearly 2000 points from its high, to close 300 points in the red.

It gets worse. In what would be called a brilliant move by China, China announced, in response to Trump’s levying of 104% tariff on China, the China would levy and 84% tariff on all goods coming in from the US. China did this just hours before the opening of the Dow Jones for today. as a result, the Dow Jones will likely open today already down 1000 points.

I along with millions of others, have our retirement savings in investments. We all have to laugh at this because if we’re not, we would be tearing up, make that crying, make that sobbing, make that wailing.

All I have for today

Leave a Reply

Discover more from Bird's Chirp

Subscribe now to keep reading and get access to the full archive.

Continue reading