Well yes, this is an idiosyncratic event, chances are that a bunch of hedge funds have no hedge against stupid!

I'm actually more worried about the small businesses that say have a container full of whatever product somewhere in the middle of the Pacific that will have to pay the tariffs upfront out of pocket with a disappearing consumer on the other end of the pipe.

'I never thought leopards would eat MY face,' sobs man who voted for the Leopards Eating People's Faces Party.

I disagree with this sentiment. This is not at all how Donald Trump acted in his first term. Mostly, he spent his time golfing and doing some marginal nonsense.

How’s this relevant? Everything he has done now: either he said it he will do it or at least it was in Project 2025 (and lets not pretend that nobody knew about it).

Yep, if I could pick one positive thing to say about this administration, it's that they were totally transparent about their plans and intentions. They are doing exactly what they said (and wrote) that they would do in 2025. Hell, they even titled it "Project 2025."

Anyone saying, "Wait a minute, I didn't vote for this!" is either lying or stupid. They quite literally, in the actual, literal definition of "literally," spelled out every single thing they are currently doing, prior to the election. Zero people should be surprised by anything they are doing.

The sad fact is, we live in a post-truth world now.

People believe what they want to believe, right up until the leopard eats their faces.

It’s how he acted…he just had helpers before. He done away with all those nuisances now.

I you ever though any of these guys makes their money because they are smarter, just watch this:

https://youtu.be/bPdsN_YmP60?t=74

https://youtu.be/JOBs27jckCo

ha - hope he gets wrecked. Trump has been painfully transparent about his love for tariffs.

Im not sure 90 days is enough to negotiate trade deals in any significant manner with the world. Countries have no confidence that the deals will be honoured and will be less willing to make any concessions. "Fool me once..."

i remember this guy crying on TV during the covid drop about how the world was ending only to be buying up everything behind the scenes lol.

It’s 100% what people voted for…

Shouldn't hedge funds be hedges against exactly this type of events? Now they really should show how good they are, by losing lot less than market does in general...

Or are they just an other herd following others...