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Started By
Message
China announced 34% retaliatory tariff in the US; Dow falls 1000 points, S&P down 2.7%,
Posted on 4/4/25 at 5:31 am
Posted on 4/4/25 at 5:31 am
13
Posted on 4/4/25 at 5:43 am to slackster
Was just about to start this thread and checked one more time and yours popped up. 
Investing.com link to story
Good thing China backed down because they don't want to get in a trade war.
Investing.com link to story
Good thing China backed down because they don't want to get in a trade war.
Posted on 4/4/25 at 5:46 am to slackster
$AAPL is gonna feel that
Posted on 4/4/25 at 5:55 am to slackster
I don’t even follow this stuff anymore. I just keep buying and hope for the best
Posted on 4/4/25 at 5:56 am to iknowmorethanyou
quote:
AAPL is gonna feel that
Maybe if the US retaliates, but I can’t imagine they’ll be tariffed on the stuff they actually make in China.
I think the market reaction is based on this starting another retaliation in the US.
Posted on 4/4/25 at 6:01 am to slackster
That’s weird. I was told tariffs only hurt the people in that country. Why would China want to hurt their people like this?
Posted on 4/4/25 at 6:07 am to slackster
It's going to be another red day. if we have weak NFP data and Powell says tariffs are bad and no rate cuts, we plummet. Trump will probably escalate the tariffs on China too but will wait until after market close. Buckle up, it's going to stay ugly out there.
Posted on 4/4/25 at 6:15 am to slackster
This is a reminder to everyone that shite gets real from time to time. We could easily see another 5-8% come off. What we’ve been seeing over the last 10 years has been abnormal. This correction is partially a correction looking for a narrative. Once the bottom is in we’ll be better off for it.
Posted on 4/4/25 at 6:21 am to ApexHunterNetcode
quote:We should follow the 10 year IMO. As long as we’re above 3 I bet there is pain left. It’s really starting to move now.
It's going to be another red day. if we have weak NFP data and Powell says tariffs are bad and no rate cuts, we plummet. Trump will probably escalate the tariffs on China too but will wait until after market close. Buckle up, it's going to stay ugly out there.
Posted on 4/4/25 at 6:24 am to slackster
We very much need to decouple from China. They are our number 1 enemy and have bad intentions. It will be painful but necessary.
Posted on 4/4/25 at 6:28 am to slackster
Slackster, do you think the play is to get countries to chip in to buy our treasuries and refinance the massive amount of debt that’s due. Then they get relief?
Posted on 4/4/25 at 6:41 am to beaverfever
You think the 10 year is going to go into the 2s?
Posted on 4/4/25 at 6:43 am to Lsu05
I don’t know what that point is honestly. When I typed 3 it felt a bit low but that’s a point where I’d definitely think the treasury would be happy. I’m curious what Slack or anyone else thinks. That’s THE number that matters. We’ve seen wild rate volatility the last couple of years that makes me think 3 is possible though.
This post was edited on 4/4/25 at 6:46 am
Posted on 4/4/25 at 6:53 am to Swagga
Same brother, same
Posted on 4/4/25 at 7:02 am to SloaneRanger
quote:
We very much need to decouple from China. They are our number 1 enemy and have bad intentions. It will be painful but necessary.
Yes but there's a much better way to do that than to start a trade war with the entire world at the same. To compound it, he keeps insulting/disrespecting key allies- countries we need to work with if we want to decouple from China. Instead he's pushing them all closer together. This is retardedly stupid.
Posted on 4/4/25 at 7:09 am to ldts
Yup we're pissing off the entire world but more importantly all our allies. We're isolating ourselves. Really unfortunate how this has all gone down.
Posted on 4/4/25 at 7:10 am to slackster
I love all of this. Weres rondicks??
10yr at 3.8 amazing!
10yr at 3.8 amazing!
Posted on 4/4/25 at 7:23 am to bigjoe1
quote:
And the layoffs begin
No one is buying the shite Stelantis sells.
Posted on 4/4/25 at 7:24 am to DrrTiger
quote:
Why would China want to hurt their people like this?
I get where you are going with this, however we are talking about China at the same time
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