Donald Trump, the president that campaigned to ‘ Make America Great Again’ is now in the pit of lowest 109-day rating for any U.S. president in the past 80 years. He has also made $USD Index(USDindex.FOREX)$ the worst 100-day performance. Americans now believe recession is around the corner and feel the pain in their life. With his record-low approval rating, he might introduce policies that benefit the stock market. He has said a few days ago that China tariffs will ‘come down substantially,’ hinting at potential U-turn. Thanks @Tiger_comments @icycrystal
Berkshire Hathaway has reduced US equity exposure and effectively avoided the market crash. It deployed over $300 billion in U.S. short-term government bonds which were classified as cash equivalents. Berkshire now controls nearly 5% of the entire US Treasury bill market — more than the Federal Reserve’s holdings of similar securities. This gives Berkshire immense influence over the bonds market. Berkshire’s strategy is now prioritizing safety and liquidity. Retail investors can follow its strategy while still keep value investing for long-term investment growth. Buffett actually still keep vast wealth in stocks like AMEX, AAPL, Chevron and Coca-Cola.Thanks @Tiger_comments @icycrysta
Market sentiment is hurt today Friday due to new comments from President Donald Trump that he would consider it ac”total victory “ if the U.S. has high tariffs of 20% to 50% on foreign countries a year from now, after the 90-day pause on most of his high tariff rates. $Alphabet(GOOG)$ stock price is making positive gains after its better-than-expected earnings but majority of the other stocks have been in s wide trading range. If all the Magnificent 7 can deliver better-than-feared earnings this season, their stock prices would be able to regain some of their earlier loses. Thanks @Tiger_Earnings @icycrystal
Highly looking forward to Tesla’s full self-drive. $Tesla Motors(TSLA)$ is actually good for long. TSLA’s PE ratio remains high at 109. This lofty valuation reflects the market’s positioning of TSLA as an AI company. Thanks @Tiger_comments @icycrystal