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Old 12-04-2018, 04:30 PM   #1
lamboguy
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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.
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Old 12-04-2018, 04:47 PM   #2
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Originally Posted by lamboguy View Post
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.
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Old 12-04-2018, 04:53 PM   #3
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Originally Posted by lamboguy View Post
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.
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Old 12-04-2018, 06:27 PM   #4
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I try to buy as little as I can from china
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Old 12-04-2018, 07:55 PM   #5
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I try to buy as little as I can from china
Me too.
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Old 12-04-2018, 08:37 PM   #6
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Originally Posted by lamboguy View Post
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".



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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
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Old 12-04-2018, 08:59 PM   #7
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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.
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Old 12-04-2018, 10:10 PM   #8
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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?
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Old 12-04-2018, 11:03 PM   #9
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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.
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Old 12-05-2018, 12:02 PM   #10
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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.
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