|
12-04-2018, 03:30 PM
|
#1
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,768
|
G20=fake news
at the end of the G20, the news came out that there were deals done. there were no deals. the tariffs are still on the table. we buy everything from China, and it now costs more to buy the stuff from them. bottom line, we got a tax cut, and it got taken away with the tariffs, so we just got screwed.
|
|
|
12-04-2018, 03:47 PM
|
#2
|
Registered User
Join Date: May 2011
Posts: 22,655
|
Quote:
Originally Posted by lamboguy
at the end of the G20, the news came out that there were deals done. there were no deals. the tariffs are still on the table. we buy everything from China, and it now costs more to buy the stuff from them. bottom line, we got a tax cut, and it got taken away with the tariffs, so we just got screwed.
|
That depends on how much 'stuff' from China you buy. I try to pass on their agricultural products, as they even counterfeit eggs.
|
|
|
12-04-2018, 03:53 PM
|
#3
|
Quintessential guru
Join Date: Mar 2001
Posts: 11,254
|
Quote:
Originally Posted by lamboguy
at the end of the G20, the news came out that there were deals done. there were no deals. the tariffs are still on the table. we buy everything from China, and it now costs more to buy the stuff from them. bottom line, we got a tax cut, and it got taken away with the tariffs, so we just got screwed.
|
Don't buy crap from China.
|
|
|
12-04-2018, 05:27 PM
|
#4
|
Registered User
Join Date: Mar 2013
Posts: 5,414
|
I try to buy as little as I can from china
|
|
|
12-04-2018, 06:55 PM
|
#5
|
Registered User
Join Date: Aug 2007
Location: South Jersey
Posts: 7,727
|
Quote:
Originally Posted by chadk66
I try to buy as little as I can from china
|
Me too.
__________________
One flew east, one flew west,
One flew over the cuckoo's nest.
|
|
|
12-04-2018, 07:37 PM
|
#6
|
Registered User
Join Date: Jul 2013
Posts: 17,095
|
Quote:
Originally Posted by lamboguy
at the end of the G20, the news came out that there were deals done. there were no deals. the tariffs are still on the table. we buy everything from China, and it now costs more to buy the stuff from them. bottom line, we got a tax cut, and it got taken away with the tariffs, so we just got screwed.
|
When the 90 day "deal" was announced, the market went up, led by auto company stocks. Today, Trump said that he was "a tariff man" and the market dropped 700 points. The Donald said that other countries "come in to raid the great wealth of our Nation", and that he is going to put an end to that and "Make America Rich Again".
Quote:
Some noted that it seemed the president was clinging to his belief that those ultimately on the hook for increased costs when Washington imposes tariffs on imports were foreign countries and overseas business, rather than the U.S. consumers to whom tariff-related price increases are all but invariably passed along.
|
https://www.marketwatch.com/story/tr...ame-2018-12-04
__________________
A man's got to know his limitations. -- Dirty Harry
|
|
|
12-04-2018, 07:59 PM
|
#7
|
Buckle Up
Join Date: Apr 2014
Posts: 10,614
|
Quote:
Originally Posted by Clocker
When the 90 day "deal" was announced, the market went up, led by auto company stocks. Today, Trump said that he was "a tariff man" and the market dropped 700 points. The Donald said that other countries "come in to raid the great wealth of our Nation", and that he is going to put an end to that and "Make America Rich Again".
|
The market dropped 800 points today via the Dow, so who does this benefit? Well, it certainly doesn't benefit Trump, but it does benefit those who are opposed to Trump.....Cabal maybe down to their last bag of tricks.
|
|
|
12-04-2018, 09:10 PM
|
#8
|
Registered User
Join Date: Jul 2013
Posts: 17,095
|
Quote:
Originally Posted by ReplayRandall
The market dropped 800 points today via the Dow, so who does this benefit? Well, it certainly doesn't benefit Trump, but it does benefit those who are opposed to Trump.....Cabal maybe down to their last bag of tricks.
|
By that logic, Trump announcing a tariff freeze benefited his supporters. Trump says yes, the market goes up, Trump says no, the market goes down. Which part of that is a cabal trick?
__________________
A man's got to know his limitations. -- Dirty Harry
|
|
|
12-04-2018, 10:03 PM
|
#9
|
Buckle Up
Join Date: Apr 2014
Posts: 10,614
|
Quote:
Originally Posted by Clocker
By that logic, Trump announcing a tariff freeze benefited his supporters. Trump says yes, the market goes up, Trump says no, the market goes down. Which part of that is a cabal trick?
|
You missed the point, what Trump says about anything has nothing to do with market movement, one way or the other. But he leaves himself vulnerable by taking credit for the market's rise, when anyone with any sense knows that's not true in the slightest.
Thus the real force that controls and manipulates the market can make Trump look like a failure whenever it chooses, by painting the market up and then making it flash crash with no apparent economic logic or reasoning behind said movements.....Trump has himself trapped in a corner by his "owning" the market's rise, he's doomed as it will be his major downfall having done so....The Cabal/Deep State will crash this market as a last resort, and that time is quickly now in view, IMO.
|
|
|
12-05-2018, 11:02 AM
|
#10
|
The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,887
|
The market is greatly affected by algorithms that saw falling interest rates as a sign of recession. Then Trump's tweets was misunderstood and that set it off.
His tweets are apart of his MO - nothing new here.
Alarmism.
__________________
Who does the Racing Form Detective like in this one?
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|