RE: Where's the bottom!7 Apr 2025 12:58
Again trying to be positive here , but IAG are not directly being attacked or tariffed , and fuel prices dropping to nearly $60 at last check , buybacks doing more by reducing shares in issue , being brave sticking it out and collecting your divs and buying more if you can maybe a sound option short/longterm who knows ? i do think USA will have to at some point back down , the pressure at home will only get worse and although trump maybe playing to his base support , their pensions are still dropping in value and remember it aint them who fund the GOP its business , they start pulling their funding republicans may start to worry , problem is trump is so unpredictable he could easily cancel all these tariffs tomorrow and no one would be surprised or he could dig his heels in - no one knows - but i do think its a negotiating tactic 100% , even trump carnt be that stupid to think he can change the way the world trades all by himself and overnight , its crazy , and he probably doesnt have 4 years , midterms are Nov 26 - im holding and riding this crap out and buying more when funds become available - GLA