Trade Wars and Tariffs

[jmacvols1]

You believe we needed to nearly collapse the global economy to prove China is a “bad actor”?

Did you not know that before this week?

I didn't see that the global economy collapse.

Stock market made a correction as it always does with a some panic selling involved.

Trump has isolated Chynah while placing a 10% baseline tarriff increase across the board and has other countries negotiating new tarriff deals with the US.

the only "big" thing that happen was a few per cent drop in the market, the economy is still doing well under Trump,,,inflation down to 1.22% according to truflation.

You're up $6000 dollars in the process...what's not to like?

 

[NorthDallas40]

the only "big" thing that happen was a few per cent drop in the market, the economy is still doing well under Trump,,,inflation down to 1.22% according to truflation.

All three markets were in bear territory. That isn’t a “few percent drop”

 

[bamawriter]

I didn't see that the global economy collapse.

Stock market made a correction as it always does with a some panic selling involved.

Trump has isolated Chynah while placing a 10% baseline tarriff increase across the board and has other countries negotiating new tarriff deals with the US.

the only "big" thing that happen was a few per cent drop in the market, the economy is still doing well under Trump,,,inflation down to 1.22% according to truflation.

You're up $6000 dollars in the process...what's not to like?

Trumpistas are just another brand of global warming alarmists: "Every possible outcome proves we were right all along."

 

[CagleMtnVol]

I didn't see that the global economy collapse.

Stock market made a correction as it always does with a some panic selling involved.

Trump has isolated Chynah while placing a 10% baseline tarriff increase across the board and has other countries negotiating new tarriff deals with the US.

the only "big" thing that happen was a few per cent drop in the market, the economy is still doing well under Trump,,,inflation down to 1.22% according to truflation.

You're up $6000 dollars in the process...what's not to like?

How dare you be rational!

 

[lawgator1]

Senile and egomaniac are two separate categories. Biden was senile. Trump is an egomaniac. Not the same.

I think anyone objective would have to agree.

 

[Thunder Good-Oil]

Trump starting a trade war is a misnomer. China declared an economic war and somebody now actually has a response.

There’s also been trade wars going on for a long time with our partners. Probably about 80 years now but we’ve been strong enough to be charitable. Now our ND is heading to $37T and we need to start leveling the playing field. Of course they’re all pissed now. But they also know that having less of the same sweet deal is still a very good deal for them.

 

[evillawyer]

 

[jmacvols1]

All three markets were in bear territory. That isn’t a “few percent drop”

the market made a correction as it must do from time to time, it dropped to a level it was just last year.....no one's retirement was wiped out.....the left and the left wing media did all it could do to cause panick selling.



DataRepublican (small r)
@DataRepublican
·
Good morning. The Dow just hit levels we haven't seen since...

*𝘤𝘩𝘦𝘤𝘬𝘴 𝘤𝘢𝘭𝘦𝘯𝘥𝘢𝘳*

... last year.

Keep that in mind the next time you read about someone whose retirement was wiped out by this.

 

[Thunder Good-Oil]

All three markets were in bear territory. That isn’t a “few percent drop”

Corrections happen a couple of times every decade. We’ve been overdue. Markets have just been needing an excuse to sell off. The S&P had a nearly 30x multiple. That’s way overvalued..

 

[Ashevolle]

That’s because you’re a partisan hack.

Pot meet kettle. Forgive me for preferring predictable markets and free trade. Or don't. Matters little to me.

 

[lawgator1]

Corrections happen a couple of times every decade. We’ve been overdue. Markets have just been needing an excuse to sell off. The S&P had a nearly 30x multiple. That’s way overvalued..

Don't disagree. It was the precipitous nature of it due to the tariffs that was so alarming. Hopefully, Trump has learned a lesson about pie in the sky promises from the loyalists and the need to listen to the more steady hands, moving forward.

 

[Ashevolle]

Lol at the rejoicing from the "bounce back" here. This is key volatility. Wait for the hangover.

 

[jmacvols1]

Trumpistas are just another brand of global warming alarmists: "Every possible outcome proves we were right all along."

I don't know what Trump's plan was from the beginning but at the end of the day America's biggest enemy, China, their economy is in major trouble for Trump baited them to retaliate twice, a 10 per cent tarriff across the board with new deals ongoing with other nations, US economy doing well and Vols8188 made 6000 bucks. Trump tweeted early this morning "This is a great time to buy" so it seems this was planned all along.

 

[NorthDallas40]

the market made a correction as it must do from time to time, it dropped to a level it was just last year.....no one's retirement was wiped out.....the left and the left wing media did all it could do to cause panick selling.



DataRepublican (small r)
@DataRepublican
·
Good morning. The Dow just hit levels we haven't seen since...

*𝘤𝘩𝘦𝘤𝘬𝘴 𝘤𝘢𝘭𝘦𝘯𝘥𝘢𝘳*

... last year.

Keep that in mind the next time you read about someone whose retirement was wiped out by this.

No. A correction is 10%. A bear market is 20%

 

[rjd970]

I don’t know much of the economic theory underpinning tariff policy and certainly no expert on it, but this all feels poorly thought through without any kind of intellectual nuance.

 

[NorthDallas40]

Corrections happen a couple of times every decade. We’ve been overdue. Markets have just been needing an excuse to sell off. The S&P had a nearly 30x multiple. That’s way overvalued..

You know better you have the market knowledge. A bear market is 20% pull back. Before this pause that he said we were not going to have we were in bear territory and still going down.

 

[BernardKingGOAT]

I don’t know much of the economic theory underpinning tariff policy and certainly no expert on it, but this all feels poorly thought through without any kind of intellectual nuance.

The second part of your comment is spot on. It's hilarious some of these guys are trying to spin this as a "normal" market correction

 

[PEPPERJAX]

The double yank gif! Thanks again President Trump!

 

[Velo Vol]

 

[PEPPERJAX]

The second part of your comment is spot on. It's hilarious some of these guys are trying to spin this as a "normal" market correction

Lots of abnormal taking place buddy.

 

[NorthDallas40]

The double yank gif! Thanks again President Trump!

Lol you troll

 

[jmacvols1]

No. A correction is 10%. A bear market is 20%

if I correctly remember the dow was at about 44000 and dropped to 38000

 

[NorthDallas40]

if I correctly remember the dow was at about 44000 and dropped to 38000

No you don’t remember correctly. And the Dow is only 30 stocks also. The percentage pullback in S&P and NASDAQ I believe was worse.

 

[hog88]

Pot meet kettle. Forgive me for preferring predictable markets and free trade. Or don't. Matters little to me.

When have we ever had free trade and what's the longest stretch of predictable markets in the US?

 

[Thunder Good-Oil]

You know better you have the market knowledge. A bear market is 20% pull back. Before this pause that he said we were not going to have we were in bear territory and still going down.

20% might also be labeled as a crash.

I don’t pay much attention to any POTUS bloviating about stock markets. They (market averages) are forward looking maybe 6-18 months. So it’s their policies that matter. The early volatility won’t hold up. Traders move equity markets in the ST.

Tax policy, CapEx by companies and spending on infrastructure by governments are the long view and the effects will impact future terms far more than when those policies are deployed.

I wish the 2 parties would try pulling in the same dam direction.

When Trump brags about day to day markets, it’s just him speaking to and trying to impress voters. He (and they) didn’t build that.