US US energy exports Loading... : Investor Sentiment and Bull/Bear Views

Sacks calls the 3% Q2 GDP print way ahead of expectations, with everything humming on all cylinders, and says the bigger story is the new EU trade deal: Europe opens its market to US products at zero tariff while European goods pay 15% coming into the US, plus $600 billion of European investment, $750 billion of US energy purchases and hundreds of billions of American defense products on top of the NATO commitment to 5% of GDP. He adds it up to roughly $2 trillion, effectively stimulus into the US economy over about three years without money printing, and argues the tariff-threat strategy is demonstrably working as counterparties capitulate and markets sit at all-time highs.