Ed

Das erinnert mich an eine von Trumps neuesten Wahrheiten auf Truth Social. Ich hasse es, dass wir sie Wahrheiten nennen müssen, aber das sind sie. Er sagte also, als der Stockmarkt nach der Wahl zerriss, sagte er, willkommen zum Trump-Stockmarkt. And today, I think last week, he posted this truth, this tweet that said, this is the Biden stock market that I inherited.

Das erinnert mich an eine von Trumps neuesten Wahrheiten auf Truth Social. Ich hasse es, dass wir sie Wahrheiten nennen müssen, aber das sind sie. Er sagte also, als der Stockmarkt nach der Wahl zerriss, sagte er, willkommen zum Trump-Stockmarkt. And today, I think last week, he posted this truth, this tweet that said, this is the Biden stock market that I inherited.

And it was sort of marking his first 100 days in office, which have been one of the worst stock market performances for the start of a presidency ever in America. And it is sort of a reminder of how basically his strategy to distract people Das ist nicht der richtige Argument zu machen. Aber wenn es um den Stockmarkt geht, der nicht ein laggierender Indikator ist …

And it was sort of marking his first 100 days in office, which have been one of the worst stock market performances for the start of a presidency ever in America. And it is sort of a reminder of how basically his strategy to distract people Das ist nicht der richtige Argument zu machen. Aber wenn es um den Stockmarkt geht, der nicht ein laggierender Indikator ist …

And it was sort of marking his first 100 days in office, which have been one of the worst stock market performances for the start of a presidency ever in America. And it is sort of a reminder of how basically his strategy to distract people Das ist nicht der richtige Argument zu machen. Aber wenn es um den Stockmarkt geht, der nicht ein laggierender Indikator ist …

The stock market is live, real time, forward looking indicator. That's the thing to focus on. And that's the part where you cannot say, this is the Biden stock market. The stock market is live, it's real time. This is the Trump stock market. S&P down 4%, the Nasdaq down 8%. So that's the argument that you definitely cannot make, which of course he is making.

The stock market is live, real time, forward looking indicator. That's the thing to focus on. And that's the part where you cannot say, this is the Biden stock market. The stock market is live, it's real time. This is the Trump stock market. S&P down 4%, the Nasdaq down 8%. So that's the argument that you definitely cannot make, which of course he is making.

The stock market is live, real time, forward looking indicator. That's the thing to focus on. And that's the part where you cannot say, this is the Biden stock market. The stock market is live, it's real time. This is the Trump stock market. S&P down 4%, the Nasdaq down 8%. So that's the argument that you definitely cannot make, which of course he is making.

Let's move on to this manufacturing data. China had its largest drop in manufacturing activity since 2023. Export orders fell to their lowest level since COVID. UBS, Goldman Sachs are now lowering their GDP growth forecast for China to lower than 4%. And just for some context there, We discussed this earlier this year.

Let's move on to this manufacturing data. China had its largest drop in manufacturing activity since 2023. Export orders fell to their lowest level since COVID. UBS, Goldman Sachs are now lowering their GDP growth forecast for China to lower than 4%. And just for some context there, We discussed this earlier this year.

Let's move on to this manufacturing data. China had its largest drop in manufacturing activity since 2023. Export orders fell to their lowest level since COVID. UBS, Goldman Sachs are now lowering their GDP growth forecast for China to lower than 4%. And just for some context there, We discussed this earlier this year.

China at the beginning of the year had a growth target of 5% positive GDP growth. So it looks like they're not going to come anywhere near that. In fact, I think we actually predicted that or we at least said that 5% was too ambitious. So this manufacturing data has come out. It's not looking good. Scott, your reactions to this new data?

China at the beginning of the year had a growth target of 5% positive GDP growth. So it looks like they're not going to come anywhere near that. In fact, I think we actually predicted that or we at least said that 5% was too ambitious. So this manufacturing data has come out. It's not looking good. Scott, your reactions to this new data?

China at the beginning of the year had a growth target of 5% positive GDP growth. So it looks like they're not going to come anywhere near that. In fact, I think we actually predicted that or we at least said that 5% was too ambitious. So this manufacturing data has come out. It's not looking good. Scott, your reactions to this new data?

Ich denke, diese Daten, es zeigt den Punkt, den Ryan Peterson gemacht hat, als er auf den Podcast kam, dass er wirklich versucht hat, zu bemerken, was die Trump-Administration nicht versteht, dass der Handel ein positives Game ist. Wenn du etwas machst und ich es verkaufe, sind wir eigentlich beide da, wir haben beide Wert auf die Verkaufszeit.

Ich denke, diese Daten, es zeigt den Punkt, den Ryan Peterson gemacht hat, als er auf den Podcast kam, dass er wirklich versucht hat, zu bemerken, was die Trump-Administration nicht versteht, dass der Handel ein positives Game ist. Wenn du etwas machst und ich es verkaufe, sind wir eigentlich beide da, wir haben beide Wert auf die Verkaufszeit.

Ich denke, diese Daten, es zeigt den Punkt, den Ryan Peterson gemacht hat, als er auf den Podcast kam, dass er wirklich versucht hat, zu bemerken, was die Trump-Administration nicht versteht, dass der Handel ein positives Game ist. Wenn du etwas machst und ich es verkaufe, sind wir eigentlich beide da, wir haben beide Wert auf die Verkaufszeit.

So when we decide as a nation that we want to get into a trade war with China, it means that we lose out in a lot of ways in America in the form of we have less stuff, which leads to higher prices. And also China loses because they're losing business. They want to make stuff and ship it over to us. And we're now beginning to see that reflected in the data.

So when we decide as a nation that we want to get into a trade war with China, it means that we lose out in a lot of ways in America in the form of we have less stuff, which leads to higher prices. And also China loses because they're losing business. They want to make stuff and ship it over to us. And we're now beginning to see that reflected in the data.

So when we decide as a nation that we want to get into a trade war with China, it means that we lose out in a lot of ways in America in the form of we have less stuff, which leads to higher prices. And also China loses because they're losing business. They want to make stuff and ship it over to us. And we're now beginning to see that reflected in the data.