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re: Trade wars ARE easy to win; Jobless claims at 50 year low
Posted on 9/20/18 at 10:35 am to More&Les
Posted on 9/20/18 at 10:35 am to More&Les
The S&P 500 index hit a new record high this morning.
That tells me the people who take a stand on the economy with their real money are saying the tariffs will, in one way or another, benefit the U.S. economy.
Sorry, I.B.
I hate tariffs, too, but maybe, just maybe, Trump and his economic advisors know what they are doing and and have more and better information than you and I do to make these tariff decisions.....
That tells me the people who take a stand on the economy with their real money are saying the tariffs will, in one way or another, benefit the U.S. economy.
Sorry, I.B.
I hate tariffs, too, but maybe, just maybe, Trump and his economic advisors know what they are doing and and have more and better information than you and I do to make these tariff decisions.....
1
Posted on 9/20/18 at 11:59 am to LSURussian
quote:
The S&P 500 index hit a new record high this morning.
That tells me the people who take a stand on the economy with their real money are saying the tariffs will, in one way or another, benefit the U.S. economy.
This is flawed reasoning. The economy can perform well in spite of the tariffs and not because of the tariffs. The S&P has been on an upward trajectory for years, including after the passage of Obamacare. That doesn't mean that investors like Obamacare's effect on the economy.
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