Deleted
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Post by Deleted on May 10, 2019 14:25:42 GMT -5
I wasn't predicting anything. I was simply reporting on what's been happening in the Chinese and American markets today.
Tomorrow they will be up, cause the big dogs will only use this to suck the money out of the regular investors pocket, Then the day after that the market will down because the wind is blowing from the north.
The market is only a one of the indicators of how the economy is faring. I use GDP myself, as a more conclusive measure. For those who hate the current president, anything that has a negative number, seems to be the accepted, primary economic driver.
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djAdvocate
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Post by djAdvocate on May 10, 2019 15:38:31 GMT -5
Tomorrow they will be up, cause the big dogs will only use this to suck the money out of the regular investors pocket, Then the day after that the market will down because the wind is blowing from the north.
The market is only a one of the indicators of how the economy is faring. I use GDP myself, as a more conclusive measure. For those who hate the current president, anything that has a negative number, seems to be the accepted, primary economic driver. surely you must recognize the irony of this.
when Obama was president, i don't remember anyone in the GOP crowing about his 3.8% YOY growth rate in 2015 (a feat which Trump is yet to match).
nor do i recall them celebrating the fact that the deficit was cut by 2/3 between 2009 and 2015.
so, yeah. there is nothing new here. just turncoats that are incapable of acknowledging their own hypocrisy, on both sides.
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countrygirl2
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Post by countrygirl2 on May 10, 2019 21:40:35 GMT -5
If they have to give all this stuff to china when taking businesses over there and its such a concern. Well keep the plants here and make it, would give our poor republicans jobs and get them off welfare and also solve their problem seems to me.
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dezii
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Post by dezii on May 11, 2019 1:06:27 GMT -5
It will be as painful as the short term fallout determines, in regards to the differential in economy size. Then we'll start producing the items. Remember the dire consequences of the steel tariffs ? We had a steel company not that far from me, just double it's output. With the subsequent job additions. With the economy of scale applied, I'm guessing good wages or lower prices. (opinion) Around 500 Probably part of that 263,000 increase in jobs, in April. A lot of the China tariff negotiations are revolving around intellectual theft. Even the Democrat leadership is on board with this. Curtailing the Chinese theft of intellectual property is an important and good thing, as I have also said. Tanking trade via a "trade war" is not, imo. That steel company doubled it's output- good for them. However it doesn't mean cheaper steel, necessarily. More likely it is the higher price and supply shortage that has increased their demand. That is a negative on other businesses, and given that steel is a basic material in construction and manufacturing it is a net negative. I don't mean to be a Debbie- downer, but it is pretty basic stuff. There are pluses and minuses all across the spectrum, and how they all add up I do not have the information to compute. Those that do however say emphatically that it is a net negative. The concept of trade and markets backs that up strongly. But again, I do agree with you on curtailing intellectual theft. Not sure how effective the current policies are on that, but it is very good that they are high lighting it. Not being a expert on steel production I am just making suggestions here....as oneposter said, good for the company who is able to hire more steel workers...good for those hired...I know those are very well paid jobs...but 500 workers is nice, it's a drop in the bucket compared to what use to be in the Industry in the States. I am also going to suggest that the production in the States is more specialized and very high quality metals...For the every day rebar and construction metals, I am suggesting, even with the tariffs, no one can in the States can compete with those new very expensive but the most modern plants , very hi tech...in S. Korea, Japan. Canada and China....Germany, India etc... ================================== www.worldatlas.com/articles/the-top-10-steel-producing-countries-in-the-world.html
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countrygirl2
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Post by countrygirl2 on May 11, 2019 13:38:59 GMT -5
I can't see plants moving back, wish they were. But they will outwait trump and no matter how bad it gets will hang onto those cheap wages countries. Its more important for them to pollute like thye want plants till he is out. plus anything else. We are all concerned about intellectual rights, but not enough to do something about it themselves, like refusing to relocate there because of it.
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Deleted
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Post by Deleted on May 12, 2019 8:03:55 GMT -5
The market is only a one of the indicators of how the economy is faring. I use GDP myself, as a more conclusive measure. For those who hate the current president, anything that has a negative number, seems to be the accepted, primary economic driver. surely you must recognize the irony of this.
when Obama was president, i don't remember anyone in the GOP crowing about his 3.8% YOY growth rate in 2015 (a feat which Trump is yet to match).
nor do i recall them celebrating the fact that the deficit was cut by 2/3 between 2009 and 2015.
so, yeah. there is nothing new here. just turncoats that are incapable of acknowledging their own hypocrisy, on both sides.
Easy to accomplish coming off the worst recession in history. Deficit cutting and growth is easy in a 0% interest environment.
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Deleted
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Post by Deleted on May 12, 2019 8:08:57 GMT -5
It will be as painful as the short term fallout determines, in regards to the differential in economy size. Then we'll start producing the items. Remember the dire consequences of the steel tariffs ? We had a steel company not that far from me, just double it's output. With the subsequent job additions. With the economy of scale applied, I'm guessing good wages or lower prices. (opinion) Around 500 Probably part of that 263,000 increase in jobs, in April. A lot of the China tariff negotiations are revolving around intellectual theft. Even the Democrat leadership is on board with this. Curtailing the Chinese theft of intellectual property is an important and good thing, as I have also said. Tanking trade via a "trade war" is not, imo. That steel company doubled it's output- good for them. However it doesn't mean cheaper steel, necessarily. More likely it is the higher price and supply shortage that has increased their demand. That is a negative on other businesses, and given that steel is a basic material in construction and manufacturing it is a net negative. I don't mean to be a Debbie- downer, but it is pretty basic stuff. There are pluses and minuses all across the spectrum, and how they all add up I do not have the information to compute. Those that do however say emphatically that it is a net negative. The concept of trade and markets backs that up strongly. But again, I do agree with you on curtailing intellectual theft. Not sure how effective the current policies are on that, but it is very good that they are high lighting it. There is no way around the primary fabrication cost difference, from a third world country without our regulatory environment, unions etc. That's the basics.
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happyhoix
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Post by happyhoix on May 12, 2019 15:16:50 GMT -5
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happyhoix
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Post by happyhoix on May 13, 2019 11:12:20 GMT -5
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happyhoix
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Post by happyhoix on May 13, 2019 13:29:07 GMT -5
Stock market down 700 points, last I looked. Really, I'm shocked China retaliated, because Trump told them not to. I can't believe they ignored him.
#MAGA
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Deleted
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Post by Deleted on May 13, 2019 13:58:13 GMT -5
Stock market down 700 points, last I looked. Really, I'm shocked China retaliated, because Trump told them not to. I can't believe they ignored him.
#MAGA
I think you know that the when the moment of uncertainty passes, the market will return. Smart investors will play that selloff. I don't care much for what the politicians think about it. They're politicians.
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weltschmerz
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Post by weltschmerz on May 13, 2019 14:11:38 GMT -5
China renaging on most agreed reforms between USA
ROTFLMAO!
CHINA is reneging? Let's just ignore the fact that the USA, under Trump, has reneged on every treaty, agreement, reform, deal, accord and promise it ever signed. Let's get outraged about China reneging. Oh, the hypocrisy!
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countrygirl2
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Post by countrygirl2 on May 13, 2019 15:24:34 GMT -5
What country would be stupid enough to make an agreement? He would renege the next day or say they were liars or something. I imagine most will walk away and hope next election cycle he is gone.
We better make sure Russia's thumb isn't on the scale next time.
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Tennesseer
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Post by Tennesseer on May 13, 2019 16:16:41 GMT -5
Satire from The Borowitz Report
Trump Urges Americans to Boycott Chinese Goods and Just Buy Things at WalmartBy Andy Borowitz WASHINGTON (The Borowitz Report)—Asking for their solidarity in his trade war with China, Donald Trump is urging Americans to boycott Chinese goods and “just buy things at Walmart.” Trump made his request via Twitter, where he told his fellow-citizens that it was their “patriotic duty” to punish China by buying as many goods at Walmart as possible. “If you go to a great american store like Walmart, you’ll find lots of cheap sportswear, shoes, and other items for you and your family to enjoy,” he tweeted. “What better way to show China that we don’t need their dumb stuff!” Shortly after Trump sent those marching orders to his countrymen, the Chinese President, Xi Jinping, offered a muted response. “I’m beginning to see how he lost a billion dollars,” Xi said. Complete article here: Trump Urges Americans to Boycott Chinese Goods and Just Buy Things at Walmart
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happyhoix
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Post by happyhoix on May 13, 2019 18:33:55 GMT -5
Stock market down 700 points, last I looked. Really, I'm shocked China retaliated, because Trump told them not to. I can't believe they ignored him.
#MAGA
I think you know that the when the moment of uncertainty passes, the market will return. Smart investors will play that selloff. I don't care much for what the politicians think about it. They're politicians. Oh you're predicting the future now?
We're overdue for a recession, and the rest of the world is doing a lot worse than we are, already. Are you sure this dust up won't be enough to tip us into a recession?
I've seen recessions sparked by less.
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thyme4change
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Post by thyme4change on May 14, 2019 9:15:39 GMT -5
Satire from The Borowitz Report
Trump Urges Americans to Boycott Chinese Goods and Just Buy Things at WalmartBy Andy Borowitz WASHINGTON (The Borowitz Report)—Asking for their solidarity in his trade war with China, Donald Trump is urging Americans to boycott Chinese goods and “just buy things at Walmart.” Trump made his request via Twitter, where he told his fellow-citizens that it was their “patriotic duty” to punish China by buying as many goods at Walmart as possible. “If you go to a great american store like Walmart, you’ll find lots of cheap sportswear, shoes, and other items for you and your family to enjoy,” he tweeted. “What better way to show China that we don’t need their dumb stuff!” Shortly after Trump sent those marching orders to his countrymen, the Chinese President, Xi Jinping, offered a muted response. “I’m beginning to see how he lost a billion dollars,” Xi said. Complete article here: Trump Urges Americans to Boycott Chinese Goods and Just Buy Things at Walmart 😂🤣😂🤣😂🤣
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Deleted
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Post by Deleted on May 14, 2019 16:13:28 GMT -5
I think you know that the when the moment of uncertainty passes, the market will return. Smart investors will play that selloff. I don't care much for what the politicians think about it. They're politicians. Oh you're predicting the future now?
We're overdue for a recession, and the rest of the world is doing a lot worse than we are, already. Are you sure this dust up won't be enough to tip us into a recession?
I've seen recessions sparked by less.
Predicting the future ? Hardly. Name one time where the market didn't come back from a drop. Even recessions. I eagerly await this information.
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happyhoix
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Post by happyhoix on May 15, 2019 11:13:38 GMT -5
Oh you're predicting the future now?
We're overdue for a recession, and the rest of the world is doing a lot worse than we are, already. Are you sure this dust up won't be enough to tip us into a recession?
I've seen recessions sparked by less.
Predicting the future ? Hardly. Name one time where the market didn't come back from a drop. Even recessions. I eagerly await this information. Define 'come back from a drop.'
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thyme4change
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Post by thyme4change on May 15, 2019 12:44:57 GMT -5
It took between 5 and 25 years to recover from the 1929 crash, depending on how you measure it.
In my investing lifetime:
It took 8 years to recover from the dot-com bust in 2000.
It took 6 years to recover from the recession after the mortgage debacle.
That means in 14 of my 23 years in the market I have been in "recovery".
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djAdvocate
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Post by djAdvocate on May 15, 2019 16:39:04 GMT -5
moreover, if you die before the market recovers (not you, thyme, but generally speaking), who cares?
I mean, sure....the market always recovers. granted. but if you are not around to get the benefit of it....
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dondub
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Post by dondub on May 15, 2019 18:02:25 GMT -5
Like the old saw about the market setting new highs, recently touted here by Phil. Can anyone name a POTUS in our lifetime that didn’t have a new market high?
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Deleted
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Post by Deleted on May 16, 2019 11:49:53 GMT -5
It took between 5 and 25 years to recover from the 1929 crash, depending on how you measure it. In my investing lifetime: It took 8 years to recover from the dot-com bust in 2000. It took 6 years to recover from the recession after the mortgage debacle. That means in 14 of my 23 years in the market I have been in "recovery". Without taking the fun out of it, if you want to call it fun, that's the nature of the beast. If you could only buy shares of a company at a fixed price that never changed and only got paid on the profits, the stock market would be a much smaller venture, if it even existed at all. There would be no need for trading.
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Deleted
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Post by Deleted on May 16, 2019 11:50:47 GMT -5
moreover, if you die before the market recovers (not you, thyme, but generally speaking), who cares? I mean, sure....the market always recovers. granted. but if you are not around to get the benefit of it....
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Deleted
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Post by Deleted on May 16, 2019 11:53:57 GMT -5
Predicting the future ? Hardly. Name one time where the market didn't come back from a drop. Even recessions. I eagerly await this information. Define 'come back from a drop.'
You really don't know what that means ? You're kind of scaring me here. The market closes down 100 pts. on the index of your choosing, on x date. The market closes up 100 pts. or more, on the same index, on y date. It "came back from a drop". Name one time where the market didn't come back from a drop. I eagerly await this information. ymam.proboards.com/post/3001070
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happyhoix
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Post by happyhoix on May 17, 2019 14:24:55 GMT -5
Define 'come back from a drop.'
You really don't know what that means ? You're kind of scaring me here. The market closes down 100 pts. on the index of your choosing, on x date. The market closes up 100 pts. or more, on the same index, on y date. It "came back from a drop". Name one time where the market didn't come back from a drop. I eagerly await this information. ymam.proboards.com/post/3001070I find when dealing with you, it's best to quantify terms. You often have definitions that are outside the norm.
Yes, every market has come back from a drop. It's the period of time that can occur between a major drop and recovery that is the issue.
But you knew that, little x.
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dezii
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Post by dezii on May 17, 2019 15:50:51 GMT -5
China is some scary shit. They do what they want. Considering they have a population of way over a Billion people...Seem to feed and house most...haven't started any wars recently, believe a small dust up with Vietnam some years ago was the last one.. [believe they ha their ass kicked] They have one of the best food cuisines on the planet...overall...not that scary....a competitor for being "who's # 1" true but it was just a matter of time...
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kadee79
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Post by kadee79 on May 17, 2019 21:40:40 GMT -5
They recalled their pandas from the LA zoo? Saw it some place, haven't verified it.
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NomoreDramaQ1015
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Post by NomoreDramaQ1015 on May 17, 2019 21:55:32 GMT -5
I haven't read that but I have talked to people at our zoo about pandas.
We don't have them because you pretty much rent them from China and yes they can take them back any time they want. If they breed China owns the cubs.
You have to build the exhibit to their requirements and of course bamboo has to come from there.
It's a red tape and money nightmare.
Henry Doorly doesn't feel it's worth it even with increased admissions.
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saveinla
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Post by saveinla on May 17, 2019 23:34:41 GMT -5
They recalled their pandas from the LA zoo? Saw it some place, haven't verified it. It's from the San Diego zoo. They are cute critters, but if you don't go early, there is a huge line. We have seen the last few babies around 6-8 months after they were born. The mom has lived here for a long time - hope she gets used to China.
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Deleted
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Post by Deleted on May 18, 2019 11:07:43 GMT -5
You really don't know what that means ? You're kind of scaring me here. The market closes down 100 pts. on the index of your choosing, on x date. The market closes up 100 pts. or more, on the same index, on y date. It "came back from a drop". Name one time where the market didn't come back from a drop. I eagerly await this information. ymam.proboards.com/post/3001070I find when dealing with you, it's best to quantify terms. You often have definitions that are outside the norm.
Yes, every market has come back from a drop. It's the period of time that can occur between a major drop and recovery that is the issue.
But you knew that, little x.
Couldn't of said it any better myself . Just trying to prevent another stock market hoax from being started. As has happened on other subjects The liberal media moves along in the same fashion, passing out the Kool-Aid to all who like to imbibe. But you probably knew that already.
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