#47 economic policies

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  • tbergs
    tbergs Posts: 10,398
    Market bounce back in effect today unless dipshit opens his mouth or any retaliatory tariffs are announced. 
    It's a hopeless situation...
  • tbergs
    tbergs Posts: 10,398
    edited April 8
    tbergs said:
    Market bounce back in effect today unless dipshit opens his mouth or any retaliatory tariffs are announced. 
    Looks like the after lunch crew are losing patience the great deal maker is coming forward with any positive spin today. Ride the slide to the bell.
    It's a hopeless situation...
  • Hawk123
    Hawk123 Posts: 2,367
    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? 
  • Tim Simmons
    Tim Simmons Posts: 9,499
    The brain worms it takes thinking these companies are gonna build factories here to domestically produce is extraordinary.
  • HughFreakingDillon
    HughFreakingDillon Winnipeg Posts: 39,449
    May be an image of 1 person body of water and text that says WHAT ARE ARE YOU DOING Were BOTH O the boat you idiot Sinking your libtard boat Lol youre so triggered right now BANG Go cry about it You have Boat Derangement Syndrome Its just a jok- 5 pizzacakecomic patreoncompizzacakecomic
    Hugh Freaking Dillon is currently out of the office, returning sometime in the fall




  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,658
    Hawk123 said:
    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.
    MAGA!  Make America a Goddamn Mess!
    "It's a sad and beautiful world"
    -Roberto Benigni











  • darwinstheory
    darwinstheory LaPorte, IN Posts: 7,346
    HughFreakingDillon said:
    May be an image of 1 person body of water and text that says WHAT ARE ARE YOU DOING Were BOTH O the boat you idiot Sinking your libtard boat Lol youre so triggered right now BANG Go cry about it You have Boat Derangement Syndrome Its just a jok- 5 pizzacakecomic patreoncompizzacakecomic
    🤣🤣🤣🤣
    "A smart monkey doesn't monkey around with another monkey's monkey" - Darwin's Theory
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,658

    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!!!

    "It's a sad and beautiful world"
    -Roberto Benigni











  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    edited April 9
    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"
  • mickeyrat
    mickeyrat Posts: 44,325

    _____________________________________SIGNATURE________________________________________________

    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
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    mickeyrat 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
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • nicknyr15
    nicknyr15 Posts: 9,210
    Spiritual_Chaos said:
    mickeyrat 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. 
  • Hawk123
    Hawk123 Posts: 2,367
    nicknyr15 said:
    Spiritual_Chaos said:
    mickeyrat 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. 
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    nicknyr15 said:
    Spiritual_Chaos said:
    mickeyrat 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. 
    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"
  • nicknyr15
    nicknyr15 Posts: 9,210
    Hawk123 said:
    nicknyr15 said:
    Spiritual_Chaos said:
    mickeyrat 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. 
  • Tim Simmons
    Tim Simmons Posts: 9,499
    nicknyr15 said:
    Hawk123 said:
    nicknyr15 said:
    Spiritual_Chaos said:
    mickeyrat 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. 
  • nicknyr15
    nicknyr15 Posts: 9,210
    Tim Simmons said:
    nicknyr15 said:
    Hawk123 said:
    nicknyr15 said:
    Spiritual_Chaos said:
    mickeyrat 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. 
    Agreed! We’ll get through it. No point in selling now. 
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    edited April 9
    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"
  • nicknyr15
    nicknyr15 Posts: 9,210
    Spiritual_Chaos said:
    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.
  • Tim Simmons
    Tim Simmons Posts: 9,499
    the heat from these tarriffs is really ramping up, I'm expecting some pullback from the Admin in the next week. 

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