Kevin O’Leary: If You Bought the Market at the Dip, You’ve Had a Phenomenal Year
EXCERPT:
O'LEARY: "Well, the difference between not liking is you don‘t like watching sausage being made, because this administration does something none other has: make it all open, make it all transparent. There‘s going to be volatility, which, by the way, has ended up being an incredible buying opportunity. Just when you‘re in the guts and concerned about how bad it‘s going to get, had you bought the market at the dip, you‘ve had a phenomenal year. The point is, you can‘t just look at it by the hour. You've got to wait for the outcome. Now, Trump is unusual. And look, what I‘ve learned is, don‘t look at the noise. My goodness, you can‘t deal with Trump‘s noise. Look at the signal. What‘s he trying to do? Reset world order on trade. VAT taxes work in almost every economy on earth, between 7 and 14%, including all the European countries and Canada. And this is a consumption tax that we can‘t put through here, a popular basis at all. It‘s coming in the form of tariffs, and I think it‘s going to work itself out."




