David Woo: What Trump Started is Worse Than a Trade War

Bullish:

• $GOLD - Increasing geopolitical risks are expected to drive up gold prices, making it a potentially bullish trade.

  • “You see an increase in geopolitical risk and bullish gold”

    David·31:18

Bearish:

• $USCHINA - US-China relations are deteriorating beyond a trade war, potentially escalating into a broader conflict, which could negatively impact both economies.

  • “I think it's very combative. I think this is much more than just a trade war. I think this is war, actually.”

    David·5:00
• $USECONOMY - The US economy is expected to enter a recession, with significant negative impacts on various sectors including consumer spending and the stock market.

  • “I think it's gonna look like a shit show. I I really believe it's gonna be a shit show. I think we're gonna be going into a recession.”

    David·41:21

  • “You're gonna see 100% pastoral in terms of prices.”

    David·22:16

  • “So from that point of view, this is why I think, you know, at least in the near term, I think stocks are still going lower.”

    David·41:40