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Re: Bounce back
[Re: SC53]
#4308799
04/08/25 12:27 PM
04/08/25 12:27 PM
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Joined: Aug 2001
Posts: 72,710
Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 72,710
Luverne, AL
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Trump said tariffs are now at 104% starting tomorrow. China is not giving in so markets are sh1tting themselves again.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Re: Bounce back
[Re: Skinny]
#4308805
04/08/25 12:38 PM
04/08/25 12:38 PM
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Joined: Nov 2005
Posts: 4,933
Alabama
jmj120
12 point
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12 point
Joined: Nov 2005
Posts: 4,933
Alabama
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Trump said tariffs are now at 104% starting tomorrow. China is not giving in so markets are sh1tting themselves again. I gave up and went to the casino. May as well give it to the Indians
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Re: Bounce back
[Re: jmj120]
#4308879
04/08/25 03:36 PM
04/08/25 03:36 PM
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Joined: Jan 2002
Posts: 1,146
Cullman
BentBarrel
6 point
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6 point
Joined: Jan 2002
Posts: 1,146
Cullman
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Patience? What’s the end game? When does Trump declare victory? Trump doesn’t “declare victory” in regards to tariffs. It’s a reset of the offshoring of American manufacturing that has been happening for over 30 years. Tariffs are one piece, tax cuts for the manufacturers another piece, deregulation another. When it comes to China and the trade disparity, the Chinese will eventually move as they need access to the US market.
"To anger a conservative, lie to him. To anger a liberal, tell him the truth." - Theodore Roosevelt
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Re: Bounce back
[Re: BentBarrel]
#4308896
04/08/25 04:22 PM
04/08/25 04:22 PM
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Joined: Nov 2005
Posts: 4,933
Alabama
jmj120
12 point
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12 point
Joined: Nov 2005
Posts: 4,933
Alabama
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Patience? What’s the end game? When does Trump declare victory? Trump doesn’t “declare victory” in regards to tariffs. It’s a reset of the offshoring of American manufacturing that has been happening for over 30 years. Tariffs are one piece, tax cuts for the manufacturers another piece, deregulation another. When it comes to China and the trade disparity, the Chinese will eventually move as they need access to the US market. So tariffs are permanent. And the House is balking on the tax cut bill. And it’s only Tuesday
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Re: Bounce back
[Re: SC53]
#4309025
04/08/25 09:07 PM
04/08/25 09:07 PM
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Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
Irishguy
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 23,158
Lickskillet, AL
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What we need to do is make a decision and stick with it.
If 25% tariffs are the new norm then make it so, be done with it, and the market will settle down.
The market (the people who invest, buy, sell and trade) don't like uncertainty...
All that said, I will be surprised if all this blows over in a couple of weeks. These "negotiations" could take months.
Remember kids... The shit's still going on in Gaza and Ukraine and little sign it's going to stop anytime soon.
Last edited by Irishguy; 04/08/25 09:15 PM.
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Re: Bounce back
[Re: Irishguy]
#4309041
04/08/25 09:22 PM
04/08/25 09:22 PM
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Joined: Nov 2005
Posts: 4,933
Alabama
jmj120
12 point
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12 point
Joined: Nov 2005
Posts: 4,933
Alabama
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What we need to do is make a decision and stick with it.
If 25% tariffs are the new norm then make it so, be done with it, and the market will settle down.
The market (the people who invest, buy, sell and trade) don't like uncertainty...
All that said, I will be surprised if all this blows over in a couple of weeks. These "negotiations" could take months.
Remember kids... The shit's still going on in Gaza and Ukraine and little sign it's going to stop anytime soon. Agreed. That’s my problem with him. I didn’t vote for him to lose 20% of my portfolio value. I thought we were ending the war, getting hostages back, lowering inflation and prices , deportation and drilling. He throws this crap formula out Wednesday then runs off to his golf course the Saudis rented for 20 million. Meanwhile every economist in the world is scratching their heads and his main man Elon is calling Navarro a fool. He gave 2 different answers for the same question today. I voted for truth, but currently not getting it.
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