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Posted on 3/22/18 at 6:53 pm to WXman
The DOW is to high. It needs to drop at least another 1500 to start evening out.
It gained to much under Obama and Trump. It needs to drop slower than 1500 a week.
The tariff policy should hurt the DOW just like inflation news.
It gained to much under Obama and Trump. It needs to drop slower than 1500 a week.
The tariff policy should hurt the DOW just like inflation news.
Posted on 3/22/18 at 8:25 pm to WXman
quote:Never fear Trumpkins, soon you can go back to bragging about the god emperor's magic market boosting powers.
DOW closes down 720
Ignore today's fake news like MarketWatch.
quote:
The stock market's tumble Thursday is leading to panic-like selling in NYSE stocks, according the Arms Index
Posted on 3/22/18 at 9:19 pm to WXman
I think there's method in his madness. He's blowing some steam off an overheated fragile stock market bubble. It's a blameable reason explaining drops and volitility which does not necessarily create mass panic among investors. It might also start a slow trend to raise interest rates. Better these things happen incrementally than in a panic collapse. IMO.
Posted on 3/23/18 at 4:29 am to WXman
quote:relax dude, get u some Cheetos and orange drink and get ready for DOW 23,000 and then 22,000 - all of those middleclass Americans gonna love them some 401k's sinking just in time for the mid term elections. We gonna MRSA!!
Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.
Posted on 3/23/18 at 7:03 am to WXman
The truly hilarious aspect is that capitalism is infinitely better than communism yet the largest capitalist economy apparently can’t compete with the subsidies paid for by the largest communist economy..
Trump said something a few days ago about a fair trade deal with South Korea.....South Korea does not exist as an industrialized nation without US taxpayers......how is that ever going to be “fair”?
Tariffs were a bad idea back in the ‘70s when Democrats were all about them......now they are a GOP idea.
Where are the workers going to come from with 4% unemployment? Steel and aluminum and manufacturing ain’t coming back......we subsidized the world’s economy by providing stable markets through military might and in exchange we got fewer manufacturing jobs. Tariff away.....4% unemployment spells failure......
Trump said something a few days ago about a fair trade deal with South Korea.....South Korea does not exist as an industrialized nation without US taxpayers......how is that ever going to be “fair”?
Tariffs were a bad idea back in the ‘70s when Democrats were all about them......now they are a GOP idea.
Where are the workers going to come from with 4% unemployment? Steel and aluminum and manufacturing ain’t coming back......we subsidized the world’s economy by providing stable markets through military might and in exchange we got fewer manufacturing jobs. Tariff away.....4% unemployment spells failure......
Posted on 3/23/18 at 7:53 am to WXman
I thought the market reacted to Joe Biden and the chick from The View wanting to cause physical duress to a sitting president.
Is continuing down the same pathway on trade with China isn't working, it is bold and courageous to try something different. If the Tariff situation doesn't help, it certainly doesn't hurt any more than the present situation.
Trying something new.
Is continuing down the same pathway on trade with China isn't working, it is bold and courageous to try something different. If the Tariff situation doesn't help, it certainly doesn't hurt any more than the present situation.
Trying something new.
Posted on 3/24/18 at 8:09 am to WXman
quote:Be sure to check back in next week when it's up 1,000.
DOW closes down 720 points after Trump's China tariffs
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