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Message
DOW closes down 720 points after Trump's China tariffs
Posted on 3/22/18 at 3:11 pm
Posted on 3/22/18 at 3:11 pm
Is the risk worth the reward in this case? Please forgive me because I haven't kept up with the math on the tariff situation with China so what is the defense of the tariffs? Is it going to help more than it hurts?
Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.
Don't slaughter me, I'm a republican like most of this board. I'm just not very informed on the subject.
28
Posted on 3/22/18 at 3:13 pm to WXman
ban dow threads
Posted on 3/22/18 at 3:13 pm to WXman
quote:
Is the risk worth the reward in this case?
No. It's crony capitalism
Posted on 3/22/18 at 3:14 pm to WXman
quote:
DOW closes down 720 points after
...the Austin bombing suspect was caught / killed.
Is it worth the risk to capture bombers? I mean...he really wasn't efficient at killing people. So, maybe we should have not caught him...because...you know...the Dow dropped AFTER!
post hoc ergo propter hoc and all of that
Posted on 3/22/18 at 3:15 pm to WXman
We should be exposing the hypocrisy of what other countries do and appealing for fairness but I don't think a tariff war is what anyone wants. China and the US especially.
Posted on 3/22/18 at 3:16 pm to WXman
If it keeps us from being China's bitch, then yes
Posted on 3/22/18 at 3:17 pm to WXman
quote:
Is it going to help more than it hurts?
Depends on the metric used to measure "help." If you mean by purely a cost to consumer measurement, heck no it won't help. If we find out that Chinese steel and aluminum sold to the US are substandard on purpose, then an argument can be made for effectively subsidizing an industry in the US for strategic purposes. It would "help" in that regard.
Posted on 3/22/18 at 3:18 pm to WXman
A 2008 type recession would be great for me right now.
Posted on 3/22/18 at 3:34 pm to WXman
After months of studying the Twitter twit’s behavior patterns, I’m soooo looking forward to God Emporer’s melt down tmoro. This one should be epic.
Posted on 3/22/18 at 3:34 pm to WXman
Dear Mr President,
Is this trade war necessary? Please clarify your justifications for the tariffs.
Sincerely,
Tarzana
US taxpayer and investor.
Is this trade war necessary? Please clarify your justifications for the tariffs.
Sincerely,
Tarzana
US taxpayer and investor.
Posted on 3/22/18 at 3:39 pm to WXman
Dow needs to shed about 5000-6000 points to get healthy. It's overvalued currently
Posted on 3/22/18 at 3:44 pm to WXman
Yes..
Like it or NOT China is in a trade war with the USA. We have been losing for well over a decade. This is not an Obama issue either.
Like it or NOT China is in a trade war with the USA. We have been losing for well over a decade. This is not an Obama issue either.
Posted on 3/22/18 at 3:45 pm to WXman
quote:
DOW closes down 720 points after Trump's China tariffs
Is that so?
Posted on 3/22/18 at 4:04 pm to WXman
#MoneyBoard
#frickChina
#frickChina
Posted on 3/22/18 at 4:07 pm to WXman
There haven't been any significant retaliatory measures taken by either the EU or China in response to Trump's sabre rattling yet, nor have we seen an immediate impact on domestic price increases or layoffs. You simply cannot measure the value of trade policy in the moment - not in a month, or a year, certainly not a day.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Trump is taking the same blowtorch to trade policy that he is to North Korea - force issues into headlines, keep the media aattention exactly where he wants it, begin inching towards permanent solutions behind the bluster of his own cartoonish proclamations.
Posted on 3/22/18 at 4:07 pm to WXman
quote:
Registered on: 3/13/2018
Hey a want
Posted on 3/22/18 at 4:43 pm to WXman
Maybe it was the shitastic budget agreement
Posted on 3/22/18 at 4:47 pm to WXman
Trump fans praise him for what he's done for the economy, yet if we look at the stock market and compare him and Obama at the same point during their Presidency:
On Obama's Inauguration day, the stock market was at 7949. On March 22nd, 2011, the stock market closed at 10888. The stock market made gains of roughly 36% for this timeframe.
On Trump's Inauguration day, the stock market was at 19827. Today, it closed at 23957. That shows an increase of 21%.
Pretty good, but not nearly on Obama's level. Hopefully, he can stem the tide, as the Dow is now flat for the last 3 months.
On Obama's Inauguration day, the stock market was at 7949. On March 22nd, 2011, the stock market closed at 10888. The stock market made gains of roughly 36% for this timeframe.
On Trump's Inauguration day, the stock market was at 19827. Today, it closed at 23957. That shows an increase of 21%.
Pretty good, but not nearly on Obama's level. Hopefully, he can stem the tide, as the Dow is now flat for the last 3 months.
Posted on 3/22/18 at 5:02 pm to WXman
Listen, I am pro-business and free trade. The salvo to start a trade war with China tariffs is something that I expect Bernie Sanders to do -- not a Republican President that is demolishing a traditionally republican position. The Dow down 724 gives a good indication what business, finance, and 401K's think of this move. Thanks Bernie -- errhhh Trump.
Posted on 3/22/18 at 5:10 pm to WXman
Buy
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