I will have to look that up. I know we ban import/export for certain reasons...terrorism, national defense, technology, civil rights violations, etc. (sanctions/embargos). Has PDJT banned anything? As far as I know, only tariffs?....other countries have reciprocated to the tariffs by banning exports to USA - China for example....strategic minerals, some food supplies, etc. As far as I can tell, the ban on chips was Biden.
my opinion only, but it is wall street and the globalists that are opposed to the tariffs - free money and all; main street is still fully behind PDJT - lets cut some (all would be my preference) of the "fat".
Right now, we are sitting on ~0.618 retrace out of the Oct 23 low, 0.50 retrace out of the Oct 2022 low, and less than 0.382 out of the Mar 2020 low. Markets are definitely correcting an impulse wave at significant degree, but it is far from clear at what degree. Around 4800 is a key area out of the 2020 low, 4600 could potentially be another key overlap out of the 2023 low......we will see, but so far it's a larger degree wave correction until proven otherwise.
edit: we still haven't taken out the April low - so far just an A-B-C (three wave move) down and in a potential second wave of a new impulse right now (that's the optimistic view). <g>
Edit 2: sorry, this speculation belongs on your other thread <g> |
