US China Trade Agreement

[billisonboard]

“Getting VERY close to a BIG DEAL with China. They want it, and so do we!”

Yeah

Trump in October announced a partial “phase one” agreement with China as the world’s two largest economies try to rein in the economic conflict. Washington and Beijing have so far failed to sign the agreement, ...

[Deleted]

 Stock market indexes trading at and near record highs.

[tallguy]

Yes.  It is being manipulated by comments such as that.  Whenever he needs to deflect negative publicity from himself he touts some big event, such as a huge trade deal.  The market pops for a while then goes back down.  It would be better for the market if he would just stop f****** with it.   

[Deleted]

You can make more money on the bigger differential.  

Really can't complain.

[tallguy]

Sure I can.  GF and I were both going to do six-figure buys this morning.  Cost us a couple thousand dollars or more each.

[OldCoyote]

Geeees, that's to bad,,, I feel sorry for you.

[Deleted]

Ongoing as of today...

Quote;  Washington and Beijing struck a partial agreement, which involves relief of some U.S. tariffs on Chinese goods and more Chinese purchases of American agricultural products. The Trump administration also said it includes enforceable changes related to intellectual property and technology transfers — two priorities for the White House

www.cnbc.com/2019/12/13/timeline-of-trump-china-trade-war-and-trade-deal.html 



Seems a little quiet on this today, around here.   

[Deleted]

Dec 12, 2019 15:37:25 GMT -5 tallguy said:

Sure I can.  GF and I were both going to do six-figure buys this morning.  Cost us a couple thousand dollars or more each.

You should of been doing your major buying in March of 2009.  

Indexing any major should of done it for you.  

[tallguy]

Dec 13, 2019 15:12:41 GMT -5 @x said:

Dec 12, 2019 15:37:25 GMT -5 tallguy said:

Sure I can.  GF and I were both going to do six-figure buys this morning.  Cost us a couple thousand dollars or more each.

You should of been doing your major buying in March of 2009.  

Indexing any major should of done it for you.  

I was absolutely buying in March, 2009.  In fact I celebrated Obama's inauguration by making that year's Roth contribution on that day in January, 2009.  I've been 100% equities for over 30 years.  My big buy now was subsequent to a large Roth conversion where I had to sell first.  Had been hoping for a two-day drop to take advantage.  Didn't get it.  Oh well.


  And I hope you don't mind but it's "should have" rather than "should of." 

[billisonboard]

Dec 13, 2019 15:07:39 GMT -5 @x said:

Ongoing as of today...

Quote;  Washington and Beijing struck a partial agreement, which involves relief of some U.S. tariffs on Chinese goods and more Chinese purchases of American agricultural products. The Trump administration also said it includes enforceable changes related to intellectual property and technology transfers — two priorities for the White House

www.cnbc.com/2019/12/13/timeline-of-trump-china-trade-war-and-trade-deal.html 



Seems a little quiet on this today, around here.   

At your link

We’re sorry, the page you were looking for cannot be found.

but will check into it

[billisonboard]

So in October President Trump announced a partial phase one trade agreement that was never signed and now in December he announces a phase one agreement which might or might not make it to the signing stage. February should bring us an announcement of a super-sized phase one agreement.

[billisonboard]

U.S. outlines 'Phase 1' trade deal with China, suspends October tariff hike

Trump announces phase-one China trade deal and scraps Dec. 15 tariffs

[kadee79]

As one farmer said...I'll believe it when the grain is purchased, on a ship & headed to China & has been paid for.  Until then...words & signatures don't mean a lot to many affected by this whole mess.

[dondub]

Show me the money!

[Deleted]

Dec 13, 2019 16:38:00 GMT -5 tallguy said:

Dec 13, 2019 15:12:41 GMT -5 @x said:

You should of been doing your major buying in March of 2009.  

Indexing any major should of done it for you.  

I was absolutely buying in March, 2009.  In fact I celebrated Obama's inauguration by making that year's Roth contribution on that day in January, 2009.  I've been 100% equities for over 30 years.  My big buy now was subsequent to a large Roth conversion where I had to sell first.  Had been hoping for a two-day drop to take advantage.  Didn't get it.  Oh well.


  And I hope you don't mind but it's "should have" rather than "should of." 

 Don't mind at all. 

I ceased operations and have been retired since 43 years old.  (2000)

I don't think that grammar would of made a difference. 


I indexed the Dow with $8.2 million that March in 2009.  

It was what I had free at the time.

Sold it all within a half year after Trump got in. 

When everyone starts saying how great everything is, I usually get out. 


I could of stayed in going by today's hindsight, but thought we had nearly topped out at the time.  

The last thing I would of ever done, is buy in now, with the market trading near record highs.

I could of done better selling some of the treasuries back then, but I do like the diversity.

[Deleted]

Dec 13, 2019 22:31:30 GMT -5 kadee79 said:

As one farmer said...I'll believe it when the grain is purchased, on a ship & headed to China & has been paid for.  Until then...words & signatures don't mean a lot to many affected by this whole mess.

Always with the micro economics. 

[kadee79]

Although the U.S. and China have finally agreed on an initial deal that’s expected to defuse the 19-month-long trade war and result in a rollback of both existing and scheduled tariffs, the stock market didn’t surge on the news. Instead, markets ended the day largely flat: The S&P 500 finished the day up by less than 0.008%, while the Dow Jones Industrial Average rose 0.012%.

Here’s why stocks didn’t make headway on Friday’s trade news, according to market experts:



The market may have already priced in expectations for an agreement prior to Friday: “Stocks already ran up 7% in just the past two months alone on the belief that a deal would be signed,” notes Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

Some experts remain wary: "The devil remains in the details,” points out Bankrate senior economic analyst Mark Hamrick. “We await further word on purported aspects of the agreement including purchases of U.S. farm goods, intellectual property protections, technology transfers and access to China’s financial sector.”
“Investors are right to be skeptical,” says Joseph Brusuelas, RSM chief economist. “There’s a limited framework to the deal, since both sides just wanted to agree and avoid the looming tariff deadline on December 15th.”

www.forbes.com/sites/sergeiklebnikov/2019/12/13/stock-markets-failed-to-rally-on-china-trade-deal-heres-why/#656a7d3045e0