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re: DOW closes down 720 points after Trump's China tariffs

Posted on 3/22/18 at 5:10 pm to
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15931 posts
Posted on 3/22/18 at 5:10 pm to
Talk about the S&P and use percentages if you want a real discussion on economics and fiscal policy. The Dow is literally hand-picked and isn’t weighted.
Posted by MizzouBS
Missouri
Member since Dec 2014
5884 posts
Posted on 3/22/18 at 6:53 pm to
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.
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 3/22/18 at 8:25 pm to
quote:

DOW closes down 720
Never fear Trumpkins, soon you can go back to bragging about the god emperor's magic market boosting powers.

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 by Loserman
Member since Sep 2007
22027 posts
Posted on 3/22/18 at 8:28 pm to
Buying opportunity
Posted by Mr. Misanthrope
Cloud 8
Member since Nov 2012
5585 posts
Posted on 3/22/18 at 9:19 pm to
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 by skinny domino
sebr
Member since Feb 2007
14352 posts
Posted on 3/23/18 at 4:29 am to
quote:

Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.
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!!
Posted by germandawg
Member since Sep 2012
14135 posts
Posted on 3/23/18 at 7:03 am to
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......

Posted by BestBanker
Member since Nov 2011
17564 posts
Posted on 3/23/18 at 7:53 am to
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.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22474 posts
Posted on 3/24/18 at 8:09 am to
quote:

DOW closes down 720 points after Trump's China tariffs
Be sure to check back in next week when it's up 1,000.
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