George Robertson
@BickerinBrattle
To sum up, again. As Trump tariffs against Canada can not be applied in the end given the complex symbiotic intertwining of trade between the two countries, and as his use of IEEP Act is not constitutional, the right risk reward stance is they do not exist.
That being the case and given that Canada is the main source if not only source of US economic damage from tariffs - Mexican tariffs do encourage onsourcing and same with China et al - the "right' view is to ignore Canada tariffs.
That leads to the following risk: Long BA and JPM Long OTM calls in MGA Short USDCAD and LBRK25.CME This is solely my view and all positions high risk high gamma. Risking 4% of portfolio, seeking up 20% in a week plus.
You are on your own and this is not investment advice or solicitation. Like to hear your views not in terms of trivial inane pro or anti MAGA or Trump, only in terms of the market.