MonkeyF0cker Posted March 5, 2018 Report Share Posted March 5, 2018 The market is way up today(400 pts), looks like they love Trumps tariffs...right? The market believes there won't actually be a trade war based on Trump's comments today. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 5, 2018 Report Share Posted March 5, 2018 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? Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 5, 2018 Report Share Posted March 5, 2018 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. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 5, 2018 Report Share Posted March 5, 2018 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%? Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted March 6, 2018 Report Share Posted March 6, 2018 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? Quote Link to comment Share on other sites More sharing options...
Balco Posted March 6, 2018 Report Share Posted March 6, 2018 It's official. Balco should be in a straight jacket.The brains on this guy! Quote Link to comment Share on other sites More sharing options...
Balco Posted March 6, 2018 Report Share Posted March 6, 2018 Free market capitalism is the best path to prosperity . Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted March 6, 2018 Report Share Posted March 6, 2018 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. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 7, 2018 Report Share Posted March 7, 2018 Cohn resigns. Futures tanking. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted March 7, 2018 Report Share Posted March 7, 2018 Did not foresee Cohen resigning. Wtf is going on hereeeeeeee? Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 7, 2018 Report Share Posted March 7, 2018 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. Quote Link to comment Share on other sites More sharing options...
WVU Posted March 7, 2018 Report Share Posted March 7, 2018 Our trade deals in current form are crap. Trump is right that something needs to be done to even the playing field. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 7, 2018 Report Share Posted March 7, 2018 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. Quote Link to comment Share on other sites More sharing options...
RDTrains Posted March 7, 2018 Report Share Posted March 7, 2018 We have one of the greatest businessmen in the White House making these decisions so I like our chances of success Quote Link to comment Share on other sites More sharing options...
RDTrains Posted March 7, 2018 Report Share Posted March 7, 2018 How many bankrupsies? And he’s paying way too much for hookers. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 7, 2018 Report Share Posted March 7, 2018 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? Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 7, 2018 Report Share Posted March 7, 2018 A trade war most certainly would. The market is down on the year after today. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted March 7, 2018 Report Share Posted March 7, 2018 He's signing tariff legislation tomorrow?? I am wondering if there was an announcement of such to spur last minute type dealing? Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 7, 2018 Report Share Posted March 7, 2018 There was an announcement that they were making exemptions for Canada and Mexico. That's what helped bring back the market today. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted March 7, 2018 Report Share Posted March 7, 2018 Alright. Haven't gotten fully caught up today. Hangover recovery and all. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 8, 2018 Report Share Posted March 8, 2018 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. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 8, 2018 Report Share Posted March 8, 2018 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. Quote Link to comment Share on other sites More sharing options...
WVU Posted March 8, 2018 Report Share Posted March 8, 2018 Monkey must be a billionaire the way he reads markets like no other. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 8, 2018 Report Share Posted March 8, 2018 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. Quote Link to comment Share on other sites More sharing options...
WVU Posted March 8, 2018 Report Share Posted March 8, 2018 Expert at everything, eh monkey? Quote Link to comment Share on other sites More sharing options...
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