Jump to content

Welcome to The Gambling Forum
Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, post status updates, manage your profile and so much more. This message will be removed once you have signed in.
Login to Account Create an Account
Photo

Trade Wars Ahead

- - - - -

  • Please log in to reply
103 replies to this topic

#26
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

The market is way up today(400 pts), looks like they love Trumps tariffs...right?  :scratch

 

The market believes there won't actually be a trade war based on Trump's comments today.



#27
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

The market believes there won't actually be a trade war based on Trump's comments today.

Possibly, or perhaps the market was thrilled with Trumps humorous comments at the Gridiron dinner this weekend? Or perhaps when the market goes up or down, it has nothing to do with Trump?  :scratch



#28
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

If market movement has nothing to do with Trump, then he should probably stop trying to take credit for upward movement.

 

Clearly, the market is not in favor of tariffs.  That's really not debatable to a sane, knowledgeable person.



#29
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

If market movement has nothing to do with Trump, then he should probably stop trying to take credit for upward movement.

 

Clearly, the market is not in favor of tariffs.  That's really not debatable to a sane, knowledgeable person.

You cant reasonably say that because the market dropped last week it was due to fear over tariffs, but when it rises today,it's not. The fact is that Trump and trump alone is responsible for most of the markets rise the last 15 months.

 

Regarding the tariffs, co's that will benefit from it will like it, those that are hurt by it will hate it, and everyone else will be relatively disinterested. It is logical for the US to level the playing field. Why should we allow european countries to charge 10% tariffs on our vehicles, when we only levy 2.5%?



#30
Machiavelli

Machiavelli

    2018 IAG Tournament of Cappers Champion

  • Members
  • 6405 posts

Biggest key for the market over the year and change is expectations regarding regulations, tax cuts, etc. 

 

Tariffs n such may ding it a tad, but as these other items continue working out nicely, more investment will be placed and all that jazz.

 

No?


<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#31
Balco

Balco

    "The most important 6 inches on the battlefield is between

  • Members
  • 21150 posts

It's official. Balco should be in a straight jacket.

The brains on this guy!

#32
Balco

Balco

    "The most important 6 inches on the battlefield is between

  • Members
  • 21150 posts
Free market capitalism is the best path to prosperity .

#33
Machiavelli

Machiavelli

    2018 IAG Tournament of Cappers Champion

  • Members
  • 6405 posts

Yes, but we are not a true free market. 

 

More like a hybrid. 

 

Though, I will concede that the more we stay on the free side, the better. 


<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#34
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

Cohn resigns.  Futures tanking.



#35
Machiavelli

Machiavelli

    2018 IAG Tournament of Cappers Champion

  • Members
  • 6405 posts

Did not foresee Cohen resigning. 

 

Wtf is going on hereeeeeeee?


<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#36
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

Did not foresee Cohen resigning. 

 

Wtf is going on hereeeeeeee?

 

Did not foresee Cohen resigning. 

 

Wtf is going on hereeeeeeee?

They said he was a democrat, so good riddance. Supposedly when he left Goldman Sachs last year he got a $280 million buyout, now he want's high paying union steelworkers  to lose their jobs so we can use dumped chinese steel, what a free market guy.  :doh



#37
WVU

WVU

    Senior Member

  • JFC
  • 15744 posts
Our trade deals in current form are crap. Trump is right that something needs to be done to even the playing field.

#38
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

Our trade deals in current form are crap. Trump is right that something needs to be done to even the playing field.

Yup, a 25% tariff on steel and a measly 10% on aluminum is not that much, Trumps playing hard ball, it's about time.



#39
RDTrains

RDTrains

    Junior Member

  • Members
  • 2003 posts

We have one of the greatest businessmen in the White House making these decisions so I like our chances of success



#40
RDTrains

RDTrains

    Junior Member

  • Members
  • 2003 posts
How many bankrupsies? And he’s paying way too much for hookers.

#41
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

Looks like we survived the news of Cohns departure, 2 days ago they said it would rock the markets, is the media ever right about anything?  :scratch



#42
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts
A trade war most certainly would. The market is down on the year after today.

#43
Machiavelli

Machiavelli

    2018 IAG Tournament of Cappers Champion

  • Members
  • 6405 posts

He's signing tariff legislation tomorrow??

 

I am wondering if there was an announcement of such to spur last minute type dealing?


<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#44
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

There was an announcement that they were making exemptions for Canada and Mexico.  That's what helped bring back the market today.



#45
Machiavelli

Machiavelli

    2018 IAG Tournament of Cappers Champion

  • Members
  • 6405 posts

Alright. Haven't gotten fully caught up today. 

 

Hangover recovery and all.


<p>"Men in general judge more from appearances than from reality. All men have eyes, but few have the gift of penetration." -NM

#46
mikeman

mikeman

    Junior Member

  • Members
  • 7809 posts

There was an announcement that they were making exemptions for Canada and Mexico.  That's what helped bring back the market today.

The market opened down and rallied to maybe -80 long before any reports about exemptions for canada, etc, then it fell again and rallied back late. Any speculation about intraday moves are guesses at best.



#47
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

The market opened down and rallied to maybe -80 long before any reports about exemptions for canada, etc, then it fell again and rallied back late. Any speculation about intraday moves are guesses at best.

 

Not really.  If you're actually trying to argue that the market isn't concerned about tariffs and that the market would be indifferent to them, you're not going to win.



#48
WVU

WVU

    Senior Member

  • JFC
  • 15744 posts
Monkey must be a billionaire the way he reads markets like no other.

#49
MonkeyF0cker

MonkeyF0cker

    Rockstar

  • Members
  • 9503 posts

Yes.  Because it takes more than the IQ of a slug to know that Wall St. wouldn't like a trade war.

 

I guess that leaves you out though, WVU.



#50
WVU

WVU

    Senior Member

  • JFC
  • 15744 posts
Expert at everything, eh monkey?




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users