US Presidential Election 2024

Betfair trading & Punting on politics. Be aware there is a lot of off topic discussion in this group centred on Political views.
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jamesedwards
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Naffman wrote:
Fri Apr 04, 2025 3:48 pm
jamesedwards wrote:
Fri Apr 04, 2025 3:25 pm
The ongoing market turmoil is really weird. Surely this is playing out exactly as expected? Yet global markets have dropped 5%-10% since Trump's tariff announcement.

The old adage 'buy the rumour and sell the news' has been totally blown out of the water this time.
Trump would always backtrack in his first term if the market went crazy, this time it feels different. He's on a revenge tour.

And with all the bridges he's burning, new alliances will form, USA and in particular Republicans will never be trusted fully again.
Yes, but we all knew this was going to happen weeks ago. So why the market turmoil now?
weemac
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jamesedwards wrote:
Fri Apr 04, 2025 3:25 pm


Yes, but we all knew this was going to happen weeks ago. So why the market turmoil now?
Today's portion of the fall down to China's retaliation?
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ForFolksSake
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I think the UK is in for a 'rude' awakening
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Euler
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The markets are acting more like I expected them to.

The thing is, Trump will just dig in and blame something else. It's going to be a fun few weeks.
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Naffman
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Euler wrote:
Fri Apr 04, 2025 5:44 pm
The markets are acting more like I expected them to.

The thing is, Trump will just dig in and blame something else. It's going to be a fun few weeks.
Definitely, he'll have a lot more 'yes men' around him this time.
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ForFolksSake
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Fears Donald Trump’s ‘harmful’ 25% tariff on beer will be unsustainable for UK brewers
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jamesedwards
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Will the Gambling Commission be enforcing affordability checks on anyone who's done their bollocks on the stock markets today? :lol: :lol: :lol:
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Naffman
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Wonder where Trump goes from here, he can't just say 'no I've changed my mind, we're not doing tariffs anymore' as he'll look weak and stupid. And after claiming how hard done by the USA has been from international trade too.

Consumers abroad too will stop buying American products like the Canadians IMO, not that anyone wants a Ford anyway
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ForFolksSake
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It's not going to be good for the World Cup - empty stadiums ⚽ 🏟️
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jamesedwards
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Somehow my pension fund is only down 4.5% in the last 48 hours. Not sure how they mitigated the risk.
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ForFolksSake
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jamesedwards wrote:
Fri Apr 04, 2025 11:27 pm
Somehow my pension fund is only down 4.5% in the last 48 hours. Not sure how they mitigated the risk.
Inflation will go up as will public sector pensions...while private sector pensions go down
The 'ponzi' public sector pension model is 'broken'
What a F*ckn liberty
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ForFolksSake
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ForFolksSake wrote:
Fri Apr 04, 2025 5:33 pm
I think the UK is in for a 'rude' awakening
Keir Starmer's chilling eight-word warning on major change for UK
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ruthlessimon
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I don’t think Trump & co are necessarily wrong in their intentions, but the execution is god awful. If things stay as they are, and more countries retaliate.... look out below

The US has been "weak" (does being weak even matter..) for decades, relying on China to do the heavy lifting. Now they finally wake up and decide to hit the gym, fair enough, admirable. But instead of easing in they throw four plates on the barbell straight away, even though the US can barely handle one. China, unfazed, smirks and lifts five plates just to show off. The US, not wanting to look weak, throws on five too and breaks its back.
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firlandsfarm
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It's just sensible negotiating tactics, it's the interpretation that's not sensible! We've all been there ... you ask for £150, the other party offers £100, you offer "meet in the middle" at £125 ... the other side responds with £112.50 and so it goes on but if you start by asking for £200 you generally reach a higher agreement figure.
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