To The Moon

🌟🌟🌟In an escalation of US China trade tensions, US has imposed a massive 104% Tariff on Chinese goods to the US.  This has sparked further carnage in the Global stock markets. 

At this juncture, US and China are stuck in an impasse, with both sides unwilling to back down.  JPMorgan Analysts said that the rapid escalation with US tariffs on China were disruptive enough to push the global economy into a recession. 

In such scenario, no one wins. How will it be resolved? 

I believe that the American people should have a say as they are the ones most affected.    Billionaire Mark Cuban urged the public to stock pile on essentials at Walmart before the tariff price hikes occur.    

Thousands of Americans protested against Donald Trump and Elon Musk across the US in more than 1200 locations in all 50 states.s over the weekend.  According to Newsweek, Trump's approval rating has dropped to 46%, while 51% disapprove. 

While I cannot predict how and when  the latest tariff standoff will last, the stock markets have plunged to new lows at levels not seen since Covid 19. That means it offers an unprecedented opportunity to buy great stocks selling below their intrinsic value. 

As Warren Buffett likes to say "Every decade or so, dark clouds will fill the economic skies and they will briefly rain Gold.  When downpours of that sort occur, it is imperative that we rush outdoors carrying washtubs, not teaspoons." 

I believe that the time is NOW. 

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