There’s a fundamental problem with Donald Trump’s new trade policy: it fails a test that actual 5th graders can pass. I know this because I tried explaining his “Liberation Day…
A bit late (published Thursday, but I read it last night), but it’s astute.
If the stock market crashes, then institutional investors will jump ship and look to put their capital elsewhere. Real estate for example.
With demand for real estate going up, so too will prices. The current owners will be able to sell & make a nice profit.
That profit from the sale of real estate can then be used to buy cheap stocks that will eventually rebound.
A shady real estate developer could get paid twice by ruining the world economy.