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Trade Wars Ahead


Bimmercando
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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

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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%?

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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

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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.

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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.

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