Well congratulations, if the reports are true Trump is now trying to take over free market forces with protectionism going steroidal. I hold BABA and so I am doubly irritated by this. But those investors emailing me to ease up on Trump because of all the good he’s done might just want to consider the bad he’s doing as well.
Under consideration is a delisting of China-based stocks that trade on U.S. exchanges and removing some of those companies from certain funds. It isn’t clear how that would be accomplished, however.
How about you free market devotees who think this kind of behavior (again, if the reports are true) is a good idea? It’s not just one brave man draining the swamp. It’s one egomaniac doing whatever the hell he wants. It’s not good. You don’t control markets lest you become as bad as the nefarious political and financial forces that many Trump supporters rail against.
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