Gamakatsu

Did Trump kill the great Obama bull market?

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151 posts in this topic

6 mins ago, Gamakatsu said:

Still believe tariffs and trade wars are good? The trade deficit continues to rise too. Is the party already over?

Tax cut sugar high running out, China seems to be a much longer and maybe harder war to win than Trump imagined.  Global growth been showing signs of a serious slowdown.   I think more traders are thinking recession is looming.   Partial yield curve inversion making nerves frayed.  

patchyfog likes this

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I agree with Chuck for once

 

“The president’s actions on China are on the money. China is our real trade enemy, and their theft of intellectual property and their refusal to let our companies compete fairly threatens millions of future American jobs."

“While we await further details on this trade action, President Trump is right on target.”

Bob fishhead Sproul likes this

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My understanding was there was going to be some short term pain, but in the long run leveling the playing field needed to be done....

Isn't that what's happening?

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46 mins ago, Gamakatsu said:

Still believe tariffs and trade wars are good? The trade deficit continues to rise too. Is the party already over?

You root for china .. because orange man bad.

 

Globalists... what a mess

DoOver, ridenfish, nalu22 and 2 others like this

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Let's see.  People here pointed out BEFORE the tariffs that trade wars historically have proved to be costly.  That it has predictable effects.  That knowledge was poo-pooed by the Cognoscenti here 

 

So because Gami points out that these new tariffs may be screwing things up, he is rooting for it to happen.

 

OMAG

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Posted (edited) · Report post

1 hour ago, Gamakatsu said:

Still believe tariffs and trade wars are good? The trade deficit continues to rise too. Is the party already over?

Do you mean the bull market that was 7000 points lower than the market is today? As far as trade, Trump whacked chinese goods with a 10% tariff  and they were defiant but the tariff is do to rise to 25% shortly. The Chinese have asked Trump to hold off 90 days to see if they can come to an agreement that is fair for both sides. Trump being an actual president and having experience in the real world, realized that in a trade war the one with the biggest market share is always the loser. That would be China for you guys that are late to the party. 

Edited by epanzella

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1 hour ago, Gamakatsu said:

Still believe tariffs and trade wars are good? The trade deficit continues to rise too. Is the party already over?

uh

 

it's all based on nothing

printed money. 

just pulled out of thin air.

 

DoOver likes this

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