I guess then, judging by the big picture since Trump took office, tariffs are driving more certainty than uncertainty. Trump has promised tariffs froth beginning and is not relenting. Perhaps the allowance of other countries to use tariffs against us creates uncertainty as well. Market sure looking good today at +300.
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More Winning--Stock Market Edition
- Thread starter InTheLight
- Start date
Sunday Talks: Gordon Chang Discusses China Trade Confrontation…
Excellent 5 minute vid Gordon Chang Fox News interview.
Excellent 5 minute vid Gordon Chang Fox News interview.
That's the most optimistic interpretation. I think the promise of a Republican President and a Republican Congress has corporations optimistic about their tax responsibilities. The tariff situation, which is quite new, has brought a lot of uncertainty to the market, driving huge falls and modest reactionary spikes.
The President inherited a sound economy that had been growing steadily for a couple of years, so it is no surprise that we continue to do reasonably well overall.
Trump has promised a lot of things and has not done them, and for most businesses, tariffs were thought to be foolishness. Everyone is along for the ride whether or not we agree.
Those tariffs have been quite stable, until the past few weeks. They are reacting to what the President is doing.
That can change at a moment's notice. Making predictions based on a few days worth of market average results is folly.
Tariffs are not new. President has been promising them from the beginning. And he inherited a terrible economy.
The President suddenly announced them a couple of weeks ago.
Candidate Trump promised all kinds of things. Many of those promises were not fulfilled and likely were never intended to be fulfilled - for instance, the release of his tax returns, and the universal insurance coverage that is "better" than anything that exists today and extremely cheap.
Who knows what promises he intends to fulfill and what was simply empty lies to gain votes?
I always assumed tariffs were part of his empty lies.
I realize that the President has claimed that, but it's not true.
Working at an engineering firm, we have a really good feel for how the economy is doing by the number and type of projects that are solicited and what we win. We have been on a steady upward trend for the past four years. The economy continues to grow at about the same rate today. The stock market is only one measure of economic power.
You live it an alternative reality. He ran on tariffs. You've lost all credibility in this discussion.
Yes, we live in different realities.
I never said he didn't. I just pointed out that he ran on a lot of issues (including tariffs) and made a lot of promises that he apparently has no intention of fulfilling. A lot of people in business thought that he would not enact tariffs (a historically bad idea) and the promise was just fodder for his base.
I don't think you are one to judge anyone's credibility.
You say a lot of things. Tariffs what his biggest issue next to immigration. If you can't admit that there's no reason to continue.
Wow! It's up 46 points! Out of 24,000. Why, that a startling 0.19% gain. Show the love, man. Show the love.
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Yeah, in the last hour. I had a feeling that would get you excited. We know you're rooting against the stock market, as part of your Trump derangement syndrome.
But this wasn't about tariffs, it was about dirty cop Meuller raiding Cohen. And yet the market's still up. That's a pretty good sign. We'll see now what this latest scuff up is about.
Making stuff up in your head again, I see. How is Fantasyland?
Attacking the poster, not the post. Again.
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Attacking by telling the truth? Are you denying that you're for the Russia investigation?
What happened to jobs?
Duh. Please keep up. I was for it immediately after the election, but as it dragged on with little to show for it I think it should be would down.
I've never thought Trump was involved with the Russians himself, I allowed for the possibility that campaign aides could have been, though.
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What do you mean? There's plenty of jobs. More jobs than there are people to fill them.
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Looks like the news that China may be lowering tariffs on auto imports will drive the market upwards today. Could be a significant gain, perhaps a couple percent, not some piddling 0.5% gain. Stay tuned.
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Sent from my Nexus 7 using Tapatalk
The big upward moves will begin to happen later this week when earnings reports start filtering in. Banks are first up.
Earnings drive the stock market and the first reports after tax reform should be favorable, indeed. We could see the S&P 500 at 2,700 in a couple weeks; Dow at 26,000.
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Earnings drive the stock market and the first reports after tax reform should be favorable, indeed. We could see the S&P 500 at 2,700 in a couple weeks; Dow at 26,000.
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you sound like a political with this double-talk.