Trump tariffs, Wall Street Volatility free 2 billion US dollars from Alaska Permanent Fund | Dermot Cole

Then came the day of liberation and Trump’s global trade war, which led to the loss of trillion dollars on Thursday and Friday.

The constant fund stocks fell to $ 25.4 billion on Thursday and on Friday by $ 24.6 billion.

The other assets, including the private equity value of $ 14.6 billion and real estate of $ 9.3 billion, are not updated every day, so these ratings are unknown.

It seems that the fund viewed the crash as a purchase option and reduced its cash accounts of 1.2 billion US dollars on Tuesday to 700 million US dollars on Friday.

Governor Mike Dunleavy has announced that Trump in the White House is Christmas for Alaska every day. This is the golden age for Alaska, according to the Republican party of Alaska, Dunleavy, Senator Dan Sullivan and Rep. Nick Begich III.

In a column in Toronto star from Bruce Arthur there was a more precise term for this age: “Trump starts the golden age of stupidity.”

After a strenuous weekend of the golf, Trump celebrated the crash of oil prices, which offers the Dunleavy deficit in the next financial year hundreds of millions.

The oil prices have dropped because the chances of a recession are much larger than April Fool’s joke. Lower oil prices would mean that oil companies would probably bring new oil projects to the market in Alaska.

The state’s spring revenue, which was published by governor by Governor hopefully Adam Crum on March 12, is already out of date because it is based on the futures market. The GUESSBOOK was based on oil prices of $ 74.48 per barrel for the financial year ended in July and $ 68 for the next financial year.

When a recession emerges, oil prices drop.

“Us Oil Futures settled on April 4 near April 61 per barrel -far below the 65 US dollars, which many companies have to profit profitably in Texas and the surrounding states, as can be seen from a recently carried out survey by the Federal Reserve Bank of Dallas,” said Bloomberg.