Trade Wars and Tariffs

#2,851
#2,851
NorthDallas40 said:
Oh they’re very common terms and we were piling on in this forum when Biden’s admin aided by the media attempted to redefine the term for a bear market. I absolutely was party to that as it was deserved. And I’m pretty sure the person you responded too was piling on also.
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I never commented on the markets because I dont believe it to be a indicator of the economy for most Americans. And I feel it can be easily manipulated. I did comment on inflation.
 
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#2,853
#2,853
05_never_again said:
Nobody knows where the bottom would have been.

IMO, the only reason the markets weren't 30-35% off of the highs is because they were assuming that the tariffs would get paused or removed at some point, which is exactly what ended up happening. If they get put back on, I think that is still a possible scenario later in the year. That would put the S&P somewhere around 4000, which sounds horrible but would just be a return to where we were in March 2023.
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Yeah I was thinking along similar lines. Markets holding out hope that Trump’s phone was blowing up with people who actually understood economics and were telling him just how wrong he was.
 
#2,854
#2,854
NorthDallas40 said:
Oh they’re very common terms and we were piling on in this forum when Biden’s admin aided by the media attempted to redefine the term for a bear market. I absolutely was party to that as it was deserved. And I’m pretty sure the person you responded too was piling on also.
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I didn't say they weren't common terms. They are very common terms. I said they were non-technical terms. They don't have any technical or "official" meaning.

Who really cares what a 10% or 20% decline is called? If the market draws down from 19% to 20%, what are you supposed to do? Get scared and sell now, because we're "officially in a bear market?" It's stupid.
 
#2,855
#2,855
Orangeslice13 said:
You are a leftist who repeats everything you hear on msnbc.
You have not had a consistent thought or commitment since you’ve been here. Your opinion changes based on who is talking. That’s what makes you a Democrat partisan hack.

I would not be surprised if you had a bumper sticker that said “vote democrat, the ass you save may be your own.
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Never watched msnbc. So there you are. You're a political hack because I've voiced my displeasure with Trump engaging in insider trading and market manipulation so you run to his aid and call me a leftist hack in response. Sounds like you're a political hack to me. I wouldn't be surprised if you rock a MAGA hat to Shoneys.
 
#2,856
#2,856
whodeycin85 said:
I never commented on the markets because I dont believe it to be an indicator of the economy for most Americans. And I feel it can be easily manipulated. I did comment on inflation.
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The markets are not the overall economy. But they are far from decoupled
 
#2,857
#2,857
evillawyer said:
It's like setting your house on fire, letting it burn for a few hours, and then putting it out as fast as you can. You then claim you've done something amazing because that's the fastest anyone ever put out a fire. Good job!
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You had no issue with Biden taking credit for job growth after shutting down business, so eat it beetch.
 
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#2,858
#2,858
05_never_again said:
I didn't say they weren't common terms. They are very common terms. I said they were non-technical terms. They don't have any technical or "official" meaning.

Who really cares what a 10% or 20% decline is called? If the market draws down from 19% to 20%, what are you supposed to do? Get scared and sell now, because we're "officially in a bear market?" It's stupid.
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You did not say that I know. You said they weren’t solidly technical terms. My point was only they are so common they are defacto standards.
 
#2,860
#2,860
NorthDallas40 said:
The markets are not the overall economy. But they are far from decoupled
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I'm sure there is some commection...but most Americans outside of 401k don't own stock...so unless those people are selling those 401ks the movement make no impact to majority..
 
#2,864
#2,864
whodeycin85 said:
I never commented on the markets because I dont believe it to be a indicator of the economy for most Americans. And I feel it can be easily manipulated. I did comment on inflation.
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It is an indicator of the economy but markets are always looking ahead. It's a big reason why many people say "why is the market falling" when things seem to be OK and say "why is the market going up" when things seem to be bad.

If you walk your dog from one side of the park to another on a leash, your dog is probably at some point going to stay behind you and want to sniff something. Then it might see another dog and take off ahead of you. But over time, it'll eventually come back to you and you'll both end up in the same place on the other side of the park. The dog is the stock market, and the dog walker is the economy.
 
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#2,866
#2,866
appvol said:
Package Driver. Feeder Drivers don’t make any more an hour unless they pull doubles. They can’t work more than 60hrs a week just like pkg drivers
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What are they doing with the drivers from the centers they're closing?
 
#2,867
#2,867
Of all the things that didn't happen, I'm guessing 75 countries reaching out saying "Dear sir, we hereby cry 'uncle uncle uncle'" didn't happen the most.

 
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#2,869
#2,869
whodeycin85 said:
I'm sure there is some commection...but most Americans outside of 401k don't own stock...so unless those people are selling those 401ks the movement make no impact to majority..
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Anybody with a pension plan outside of government pensions owns stock in one way or another. As well as various forms of bonds , not just treasuries.
 
#2,870
#2,870
evillawyer said:
It's like setting your house on fire, letting it burn for a few hours, and then putting it out as fast as you can. You then claim you've done something amazing because that's the fastest anyone ever put out a fire. Good job!
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Bad analogy for a single cat lady who rents an apartment.
 
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#2,872
#2,872
whodeycin85 said:
I'm sure there is some commection...but most Americans outside of 401k don't own stock...so unless those people are selling those 401ks the movement make no impact to majority..
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If you are truly a long term investor (many people will claim that they are but get too affected by short-term movements, both up and down), then it shouldn't affect your ability to retire or otherwise achieve whatever long-term goals you have.

There is a wealth effect though. If you have a stock portfolio that you aren't touching for 30 years but you see 20% of its value disappear in a few weeks time, a lot of people's consumer behavior will change. Even if they don't consciously aware of it.
 
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#2,873
#2,873
evillawyer said:
It's like setting your house on fire, letting it burn for a few hours, and then putting it out as fast as you can. You then claim you've done something amazing because that's the fastest anyone ever put out a fire. Good job!
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So…..the bull **** you tried coming off 18% inflation in 3 years trying to sell “this is a good economy”
 
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#2,875
#2,875
05_never_again said:
If you are truly a long term investor (many people will claim that they are but get too affected by short-term movements, both up and down), then it shouldn't affect your ability to retire or otherwise achieve whatever long-term goals you have.

There is a wealth effect though. If you have a stock portfolio that you aren't touching for 30 years but you see 20% of its value disappear in a few weeks time, a lot of people's consumer behavior will change. Even if they don't consciously aware of it.
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Panic is a muther-fer which causes people to do stupid things.
 
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