Trade Wars and Tariffs

[Majors]

Sent a message that they’re either with us or against us. Can’t fight China one on one and too many trading partners would want to stay neutral.

When we own 25% of the worlds economy, we tell the other 75% what to do.

 

[PEPPERJAX]

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.

View attachment 733962

Dead Cat?

 

[jmacvols1]

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.

View attachment 733962

s&p was about 5650 on 4/2 and dropped to a low of about 5000 on 4/8

https://finance.yahoo.com/quote/%5EGSPC/

 

[NorthDallas40]

Dead Cat?

Ugh. I hope not. I hope it’s a passed kidney stone

 

[PEPPERJAX]

Ugh. I hope not. I hope it’s a passed kidney stone

Definitely a bounce you don't need.

 

[NorthDallas40]

s&p was about 5650 on 4/2 and dropped to a low of about 5000 on 4/8

https://finance.yahoo.com/quote/%5EGSPC/

Nope. Look at 52wk high and low.

 

[Majors]

+2650, are those millionaires/billionaires from last week who lost now back to being the bad guys?

 

[Thunder Good-Oil]

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

It is normal in that it was overdue. The violent swings are what’s not normal. But I prefer that over tiny daily changes that accumulate over months and quarters. Possibly years.

Don’t ever forget - after the dot com bubble burst it took the NASDAQ about 15 years to get back to even. Usually it’s never close to that time frame.

 

[jmacvols1]

Nope. Look at 52wk high and low.

View attachment 733964

I am looking at the drop Trump is said to have caused with the tarriffs over the past few days because that is what the argument is all about.

Trump was not president 52 weeks ago

 

[LouderVol]

When we own 25% of the worlds economy, we tell the other 75% what to do.

not if you piss off the other 75% all at once and make yourself the target.

 

[Thunder Good-Oil]

Shouldn’t have gone all in on buggy whips and flip phones.

 

[NorthDallas40]

I am looking at the drop Trump is said to have caused with the tarriffs over the past few days because that is what the argument is all about.

The peak and bottom both happened within Trump’s short 60 day term. They both apply.

 

[CagleMtnVol]

 

[BernardKingGOAT]

Lots of abnormal taking place buddy.

Exactly

 

[whodeycin85]

Did any of this market chaos hit the consumers? I don't follow any tarriff stuff very much nor don't follow markets...being on disability doesn't lend me the ability to do much. But it seems like a lotta panic, what is the lasting impact? Also is it true that the richest 10% own 93% on the stocks???

 

[jmacvols1]

The peak and bottom both happened within Trump’s short 60 day term. They both apply.

nope, no one was complaining and making an issue of the market until a few days ago....all the left was saying is Trump wrecked the market.

The market over those 'wrecked' days was closer to a correction.

 

[Thunder Good-Oil]

Nope. Look at 52wk high and low.

View attachment 733964

S&P 500 is cap weighted and the Mag7 were way past due for corrections.

The DJIA is price weighted and several big components were directly affected. NVDA. IBM. Home Depot (lumber). AAPL. AMZN.

 

[NorthDallas40]

nope, no one was complaining and making an issue of the market until a few days ago....all the left was saying is Trumped wrecked the market.

The market over those 'wrecked' days was closer to a correction.

Oh no I’m 100% correct. Trump owns both the peak and bottom over the last 52 week interval. The data absolutely shows that and anything else is cherry picking for convenience

 

[lawgator1]

Trump's economic messaging STARTED OFF as:

1) Deregulation
2) Getting to lower inflation and lower rates to spur M & A
3) Promoting M & A as well as IPOs


The markets would have loved all of that and was initially responding based on that. But then Calamity Trump had to jump in and throw a monkey wrench into it with the tariffs. I am not under any illusion that Trump thought them up himself. No way, at least not like this. Expect the likes of Navarro and some others to fade from the scene here in the next 30-60 days as they have lost his trust.

 

[NorthDallas40]

S&P 500 is cap weighted and the Mag7 were way past due for corrections.

The DJIA is price weighted and several big components were directly affected. NVDA. IBM. Home Depot (lumber). AAPL. AMZN.

Both dropped like a rock due to a really stupid knee jerk tariff policy.

 

[TheDirector]

+2650, are those millionaires/billionaires from last week who lost now back to being the bad guys?

Only poor Grandmas with a retirement lost last week. Only millionaires/billionaires made money this week. Thus sayeth the Dems and MSM. You are a racist, xenophobic science denier if ye dare say otherwise.

 

[Thunder Good-Oil]

Did any of this market chaos hit the consumers? I don't follow any tarriff stuff very much nor don't follow markets...being on disability doesn't lend me the ability to do much. But it seems like a lotta panic, what is the lasting impact?

When UPS drivers are making $150,000 a year, I’m not concerned unless lay offs come into play.

 

[EasternVol]

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.

To say the least.

 

[Majors]

not if you piss off the other 75% all at once and make yourself the target.

Not happening, too much money and too many people buying products they sell.

 

[Thunder Good-Oil]

Both dropped like a rock due to a really stupid knee jerk tariff policy.

And it’s just short term noise.