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Auto Stocks - Mexican Tariffs

Posted on 5/31/19 at 10:15 am
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7346 posts
Posted on 5/31/19 at 10:15 am
Is anyone loading up on GM or F during today’s dip?
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167094 posts
Posted on 5/31/19 at 11:24 am to
I loaded up on GOLD earlier in the week. Daddy Trump made me a quick few thousand today. Might sell it today and buy some dips but not sure about any auto industry stocks as they have issues that go far beyond Mexican tariffs.

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This post was edited on 5/31/19 at 11:51 am
Posted by baldona
Florida
Member since Feb 2016
20389 posts
Posted on 5/31/19 at 4:02 pm to
I was thinking the same. They all dipped today, but one of the major goals of these tariff's is to bring the jobs back to the USA. I don't know how that will actually effect the stock prices long term though.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 5/31/19 at 5:05 pm to
I would rather load up on associated stocks. GM and F still have restructuring to do regardless of tariff pains, which won’t help.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30542 posts
Posted on 5/31/19 at 5:26 pm to
They’ll have to move a large amount of their production from mexico back to the US. That costs a lot of money and time
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