Conversation

Notices

1. Embed this notice
   Kim Scheinberg (kims@mas.to)'s status on Thursday, 03-Apr-2025 08:41:46 JST Kim Scheinberg

   This... this can't possibly be true. The stupidity burns. I sold ~15% of my equities over the last six weeks. Should have sold 215%

   From James Surowiecki:

   Just figured out where these fake tariff rates come from. They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us.
   [...]
   What extraordinary nonsense this is.

   • Embed this notice
     Serenus (serenus@mas.to)'s status on Thursday, 03-Apr-2025 08:46:10 JST Serenus

     in reply to

     @kims Really glad I shifted away from US equities earlier. Still have some holdings as part of one of the index funds I’m in (and I’ve been pondering eliminating that), but a lot less exposure than I had a couple of months ago.