He’s not backing down on the China tariffs. It just makes no sense. Are there a lot of Americans lining up for jobs to sew Nike’s and fast fashion or assemble iPhones?
He’s not backing down on the China tariffs. It just makes no sense. Are there a lot of Americans lining up for jobs to sew Nike’s and fast fashion or assemble iPhones?
China is threatening 50% retaliatory tariffs. Shits gonna get expensive. T doesn't care- he just wants to tear down and destroy.
Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war
However, Beijing vowed to “fight to the end” after Trump threatened to hit Chinese exports with additional 50% tariffs
if the country proceeds with plans to retaliate against his initial vow
to impose tariffs of 34% on its products. That would come on top of the
existing 20% levy and take the total tariff on Chinese imports to 104%.
“President Trump has a spine of steel and he will not break,” the press
secretary, Karoline Leavitt, said. “And America will not break under his
leadership.”
My god, what an amazing, bold, strong as steel leader. AWESOME!!!
Reading headlines of Swedish companies firing like a third of the work force because of the tariff-BS.
Maybe the world shouldn't have put their eggs in the basked of a market in a country that hasn't even gotten a sane health care system or a political system that can stop a dumb-as-a-rock imbecyl from doing as he please like a dictator. But the world has also put all their eggs into Chinese production and ownership of companies, so it is what it is.
Hopefully this makes the EU even more collaborate. And more Europeans and maybe some more Canadians buying Volvo (buses for public transport, people need to stop driving cars) and whatnot. Democracies should come together and support each other.
Read somewhere that China is mulling stopping releases of Hollywood films. That would not be good for film companies.... 😬
Post edited by Spiritual_Chaos on
"Mostly I think that people react sensitively because they know you’ve got a point"
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Same, I wouldn’t say I buy more but definitely stay the course.
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Yeah. i have some money in a savings account, im thinking about pushing in when it seems to have been leveled out.
"Mostly I think that people react sensitively because they know you’ve got a point"
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Same, I wouldn’t say I buy more but definitely stay the course.
My entire portfolio is income driven, besides Amazon. So I’m always reinvesting the dividends. Dividends are set to cash. So for me, I haven’t touched them since the end of October. I’ve been waiting for this drop because of these tariffs. So ill gradually buy some more shares of strong stocks that have dropped. But that’s just my personal approach. In general, it’s best to stay the course like you said.
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Same, I wouldn’t say I buy more but definitely stay the course.
My entire portfolio is income driven, besides Amazon. So I’m always reinvesting the dividends. Dividends are set to cash. So for me, I haven’t touched them since the end of October. I’ve been waiting for this drop because of these tariffs. So ill gradually buy some more shares of strong stocks that have dropped. But that’s just my personal approach. In general, it’s best to stay the course like you said.
I did the same. I sold off everything on my E*trade account back in late February and plan on re establishing a position in the coming weeks at these lower levels. Before that I just sat on my portfolio for the past decade. Even through Covid.
I assumed this was gonna be a steep drop. Most of the time the best thing to do is to just weather the storm. And I think if you haven’t sold by now, I’d say just do that. The markets will come back.
Should I take out my money and put it into a high-rent avvount instead and wait this thing to be over?
What are people on here dooooiiing
Up to you but I’ve never panic sold anytime there was a bear market, whether it was news driven or a natural correction. Happens every 2 years or so. I actually do the opposite, I buy more cheap shares.
Same, I wouldn’t say I buy more but definitely stay the course.
My entire portfolio is income driven, besides Amazon. So I’m always reinvesting the dividends. Dividends are set to cash. So for me, I haven’t touched them since the end of October. I’ve been waiting for this drop because of these tariffs. So ill gradually buy some more shares of strong stocks that have dropped. But that’s just my personal approach. In general, it’s best to stay the course like you said.
I did the same. I sold off everything on my E*trade account back in late February and plan on re establishing a position in the coming weeks at these lower levels. Before that I just sat on my portfolio for the past decade. Even through Covid.
I assumed this was gonna be a steep drop. Most of the time the best thing to do is to just weather the storm. And I think if you haven’t sold by now, I’d say just do that. The markets will come back.
Agreed! We’ll get through it. No point in selling now.
But we are just at spring of 2024 levels someone told me... then, if a crash is imminent. isn't it still worthy to sell and wait it out to bottom out and level out?
A "high interest bank account" gives me 2,7-3 percent now. Wouldn't that be better for the cash than the stockmarket now?
"Mostly I think that people react sensitively because they know you’ve got a point"
But we are just at spring of 2024 levels someone told me... then, if a crash is imminent. isn't it still worthy to sell and wait it out to bottom out and level out?
A "high interest bank account" gives me 2,7-3 percent now. Wouldn't that be better for the cash than the stockmarket now?
It’s impossible to time the bottom. Especially with someone like Trump. I’d wait it out.
the heat from these tarriffs is really ramping up, I'm expecting some pullback from the Admin in the next week.
First they have to find the way to establish it as a win. Probably waiting for enough minor concessions from other countries to tout it as a success that won back the upper hand for the States.
'05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
I hope it gets so severe that it pushes people to the FAR LEFT EXTREME OH MY GOD PUBLIC HEALTHCARE HOW DARE THEY democrats for at least five elections forward.
In the US that is.
For the rest of the world I hope they find ways to get closer and push the US to the wayside.
Post edited by Spiritual_Chaos on
"Mostly I think that people react sensitively because they know you’ve got a point"
Like most people the bulk of my retirement is tied up in 401K, Roth IRA, and a pension fund. I can’t do much with those, so I’m taking the L like everyone else.
My personal brokerage account, different story. I sold all my positions in tech and banking a couple weeks ago, and moved those funds into safer things like cash, Berkshire (who has a massive cash reserve), and dividend paying blue chips. Still likely to get hammered but hopefully not as exposed. Not going to put more in though until things settle.
US bullying is amazing. Have your union-hating companies make stuff the market wants instead you commie. Instead of making everyone ride around in cubertrucks.
Or fucking raise your own safety standards to ours. Or would people be safer be to close to adapting the metric system and other sane things?
Post edited by Spiritual_Chaos on
"Mostly I think that people react sensitively because they know you’ve got a point"
Donald Trump has committed the most profound, harmful and unnecessary economic error in the modern era. Almost everything he said—on history, economics and the technicalities of trade—was utterly deluded https://econ.trib.al/nIT698T
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods?
The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods?
I think the term Elon used in advance of the election was "temporary hardship".
The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods?
I think the term Elon used in advance of the election was "temporary hardship".
Seems on brand for someone with enough money to get whatever he wants whenever he wants it.
The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
Even if they decided to, you are looking at 3-5 years to go from the idea of a factory to the construction and operation of one. What exactly is the plan to span the time from now until then with needed goods?
I think the term Elon used in advance of the election was "temporary hardship".
Without saying thank you or please.
1995 Milwaukee 1998 Alpine, Alpine 2003 Albany, Boston, Boston, Boston 2004 Boston, Boston 2006 Hartford, St. Paul (Petty), St. Paul (Petty) 2011 Alpine, Alpine 2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin 2024 Napa, Wrigley, Wrigley
Comments
Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war
My god, what an amazing, bold, strong as steel leader. AWESOME!!!
Maybe the world shouldn't have put their eggs in the basked of a market in a country that hasn't even gotten a sane health care system or a political system that can stop a dumb-as-a-rock imbecyl from doing as he please like a dictator. But the world has also put all their eggs into Chinese production and ownership of companies, so it is what it is.
Hopefully this makes the EU even more collaborate. And more Europeans and maybe some more Canadians buying Volvo (buses for public transport, people need to stop driving cars) and whatnot. Democracies should come together and support each other.
Read somewhere that China is mulling stopping releases of Hollywood films. That would not be good for film companies.... 😬
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
What are people on here dooooiiing
since the end of October. I’ve been waiting for this drop because of these tariffs. So ill gradually buy some more shares of strong stocks that have dropped. But that’s just my personal approach. In general, it’s best to stay the course like you said.
A "high interest bank account" gives me 2,7-3 percent now. Wouldn't that be better for the cash than the stockmarket now?
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
In the US that is.
For the rest of the world I hope they find ways to get closer and push the US to the wayside.
My personal brokerage account, different story. I sold all my positions in tech and banking a couple weeks ago, and moved those funds into safer things like cash, Berkshire (who has a massive cash reserve), and dividend paying blue chips. Still likely to get hammered but hopefully not as exposed. Not going to put more in though until things settle.
US bullying is amazing. Have your union-hating companies make stuff the market wants instead you commie. Instead of making everyone ride around in cubertrucks.
Or fucking raise your own safety standards to ours. Or would people be safer be to close to adapting the metric system and other sane things?
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
2013 Wrigley 2014 St. Paul 2016 Fenway, Fenway, Wrigley, Wrigley 2018 Missoula, Wrigley, Wrigley 2021 Asbury Park 2022 St Louis 2023 Austin, Austin
2024 Napa, Wrigley, Wrigley