Dow, S&P 500 set for worst May tumble in nearly 50 years

[BWK]

and the same theme occurs in most every nation, to varying degrees.

For example, a recent study concludes that the majority of Americans cannot even afford an emergency expense of $400.

WHat?
If they can't afford the $400 emergency expense it's because they are paying $150/mo for cable TV and $100/mo at LEAST for a smart phone w/plan.
Let alone maybe $200 a/mo for cigarettes, $100/mo for McDonalds and $50/mo for lottery tickets.
The poor in America live better than the poor virtually anywhere else on earth. Period.
Exceptions are small countries with little/no military to support and basically make their money off of investing in other economies.

As I stated, the same theme plays out in most any nation, to varying degrees.

The reason(s) for these results do not particularly matter because the fact is that this does occur.

If you were to have some need for an emergency expense of say $400 & you had no way to meet that need, I seriously doubt you would be too concerned the reason(s) you are broker than fucking sin.

Then that person is an idiot.
Sacrifice is a word 90% of Americans have lost all meaning of. If they can't buy something they want - they blame other people for it rather than getting off their dead ass and making it happen. Long term poverty in America is 60% laziness, 30% life-long bad choices and 10% outside forces. The exception to that is inner city blacks, which is more like 60% culture/30% dependency on liberal social programs/10% oustide forces.

Inner city Blacks was a white conspiracy to invent section 8 housing to keep blacks out of the mix and segregated. And that is old news. Try another excuse.

 

[Dont Taz Me Bro]

Dow, S&P 500 set for worst May tumble in nearly 50 years amid U.S.-China trade clash

World markets fall after no deal in China-US trade talks

This is about as 'current' as it gets folks; TRILLION$ of market value LOST TODAY, in just 6.5 hours.

I heard trade wars are good and easy to win but I'm not so sure about that.

A lot of somebodies lost their asses today.

Only if they were selling today. It's hardly a reason to panic. You know how many times the market has had big drops over one or several days? More than I can count just in my lifetime. Long term investors are fine, that is, until the whole economy collapses one day over the super inflation that will result from our mounting debt, but nobody seems to care about that.

 

[Bush92]

Dow, S&P 500 set for worst May tumble in nearly 50 years amid U.S.-China trade clash

World markets fall after no deal in China-US trade talks

This is about as 'current' as it gets folks; TRILLION$ of market value LOST TODAY, in just 6.5 hours.

I heard trade wars are good and easy to win but I'm not so sure about that.

A lot of somebodies lost their asses today.

Offers a whole new meaning to the old adage 'sell in May and go away' .........

China needs to be held accountable for its violations of international trade laws.

 

[BWK]

The joys of a Trump economy

The market is nothing, wait till prices continue to shoot up

$5 gas?

I don't know...maybe I waste my time on you. Maybe you really are this much of a committed parrot.

You're wasting your time on yourself if you think Trump is a winner on trade. We are two and half years in, the deficit and debt increased dramatically, we are paying out socialism to farmers for Trumps failed tariff exercises, and all you can do is talk about parrots. Get off Trumps losing team.

 

[Bush92]

Dow, S&P 500 set for worst May tumble in nearly 50 years amid U.S.-China trade clash

World markets fall after no deal in China-US trade talks

This is about as 'current' as it gets folks; TRILLION$ of market value LOST TODAY, in just 6.5 hours.

I heard trade wars are good and easy to win but I'm not so sure about that.

A lot of somebodies lost their asses today.

Offers a whole new meaning to the old adage 'sell in May and go away' .........

USA will be alright. China is screwed.

 

[Hossfly]

The joys of a Trump economy

The market is nothing, wait till prices continue to shoot up

$5 gas?

 

[Bush92]

The joys of a Trump economy

The market is nothing, wait till prices continue to shoot up

$5 gas?

I don't know...maybe I waste my time on you. Maybe you really are this much of a committed parrot.

You're wasting your time on yourself if you think Trump is a winner on trade. We are two and half years in, the deficit and debt increased dramatically, we are paying out socialism to farmers for Trumps failed tariff exercises, and all you can do is talk about parrots. Get off Trumps losing team.

Trump will be a winner in this trade war.

 

[Dana7360]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

 

[BWK]

Dow, S&P 500 set for worst May tumble in nearly 50 years amid U.S.-China trade clash

World markets fall after no deal in China-US trade talks

This is about as 'current' as it gets folks; TRILLION$ of market value LOST TODAY, in just 6.5 hours.

I heard trade wars are good and easy to win but I'm not so sure about that.

A lot of somebodies lost their asses today.

Only if they were selling today. It's hardly a reason to panic. You know how many times the market has had big drops over one or several days? More than I can count just in my lifetime. Long term investors are fine, that is, until the whole economy collapses one day over the super inflation that will result from our mounting debt, but nobody seems to care about that.

If they don't care, then why did they vote for Trump who lied to them about reducing the debt? I thought they cared about that? What happened? All Republicans used to talk about was Obama's debt. Now that Trump has skyrocketed our debt, not a peep. Why all the false outrage that they pretended to care about before?

 

[Mac1958]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

Wingers love to point out the bad news when the other tribe has the White House.

You know it, I know it.

If you want to pretend that isn't true, that's fine with me. It's what I expect.
.

 

[BWK]

The joys of a Trump economy

The market is nothing, wait till prices continue to shoot up

$5 gas?

I don't know...maybe I waste my time on you. Maybe you really are this much of a committed parrot.

You're wasting your time on yourself if you think Trump is a winner on trade. We are two and half years in, the deficit and debt increased dramatically, we are paying out socialism to farmers for Trumps failed tariff exercises, and all you can do is talk about parrots. Get off Trumps losing team.

Trump will be a winner in this trade war.

Yea? Two and half years in and he sucks to high even, while I and everyone else pays for his mistakes. China cleverly has an angle against Trump. Trump's got shit for angles against China, except we pay extra. Trump is a loser a joke, and a liar. Get his sorry stinkin ass out of here.

 

[BWK]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

Wingers love to point out the bad news when the other tribe has the White House.

You know it, I know it.

If you want to pretend that isn't true, that's fine with me. It's what I expect.
.

The graphs behind Trump's failures on trade are reality. Deal with it and stop making stupid excuses.

 

[Bush92]

The joys of a Trump economy

The market is nothing, wait till prices continue to shoot up

$5 gas?

I don't know...maybe I waste my time on you. Maybe you really are this much of a committed parrot.

You're wasting your time on yourself if you think Trump is a winner on trade. We are two and half years in, the deficit and debt increased dramatically, we are paying out socialism to farmers for Trumps failed tariff exercises, and all you can do is talk about parrots. Get off Trumps losing team.

Trump will be a winner in this trade war.

Yea? Two and half years in and he sucks to high even, while I and everyone else pays for his mistakes. China cleverly has an angle against Trump. Trump's got shit for angles against China, except we pay extra. Trump is a loser a joke, and a liar. Get his sorry stinkin ass out of here.

We don’t need China for a fucking thing.

 

[my2¢]

I have to say the winner so far are the companies that shifted manufacturing to Mexico. Cheap labor and no tariffs. Hope this get settled soon.
Trump is wrong on how China tariffs work

 

[Mac1958]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

Wingers love to point out the bad news when the other tribe has the White House.

You know it, I know it.

If you want to pretend that isn't true, that's fine with me. It's what I expect.
.

The graphs behind Trump's failures on trade are reality. Deal with it and stop making stupid excuses.

It's my profession, so I have to take it seriously.

Watching wingers pretending to be objective sure is fun, though.
.

 

[BWK]

And another thing, China is basically a super-massive corporation.
Look at Hong Kong...the entire city is basically a massive trade floor.
And in Hong Kong, there are two sets of people.... super rich... and dirt poor.
Let's see a raise of hands that knows that approximately 130,000 people there LIVE in pods about 6' long and 3' tall. Yep...that's 18 sq. ft.
It's all they can afford. As many as 10 families sharing one bathroom.
And the rich harvest off of them $billions a year in profits. And again, THAT is why the market protection squad is out in full force using scare tactics to once again fool the parrots and sheep into actually thinking this is what is good.

What is "good", is looking at a graph that shows me I'm not getting screwed by paying for Trump's tariff failures. The Right hasn't shown one yet.

 

[BWK]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

Wingers love to point out the bad news when the other tribe has the White House.

You know it, I know it.

If you want to pretend that isn't true, that's fine with me. It's what I expect.
.

The graphs behind Trump's failures on trade are reality. Deal with it and stop making stupid excuses.

It's my profession, so I have to take it seriously.

Watching wingers pretending to be objective sure is fun, though.
.

In your profession, do they teach you simple math and reality? Show us in your profession how this is good for me? Here's how tariffs impact a common household item

I'll be waiting for the professional rebuttal.

 

[ABikerSailor]

Trump proved today that he really doesn't understand how tariffs work. He said that China was going to be paying lots of money to the US in tariffs.

Only problem is, China isn't paying the tariffs, the companies that buy their stuff and bring it here are, and all they are going to do is pass the cost on to the consumer. Lots of people have been saying that it's gonna cost a family of 4 between 800 and 900 dollars/year. That more than eats up most of the tax cuts that people got.

And..................to tell you the truth...............I don't really think that China is that concerned. They said that if Trump doesn't stop his tariffs by June 1st, they were going to impose tariffs of their own. You thought the stock market dropped a lot today? Wait until June 2nd, the day after China imposes theirs.

But, hopefully that won't happen. Maybe someone on his staff can talk some sense into him and get him to pull the tariffs back. But, if he does that, it will look like he surrendered to China for the trade war. Unfortunately, I'm guessing that Trump's ego is going to win out and he's going to keep the tariffs, resulting in China imposing theirs in June.

 

[caddo kid]

I have to say the winner so far are the companies that shifted manufacturing to Mexico. Cheap labor and no tariffs. Hope this get settled soon.
Trump is wrong on how China tariffs work

Many US companies have claimed they would NEVER out source aka off shore but they ended up doing just that.

Cypress Semiconductor CEO Rogers was a perfect example of this: He claimed for years that Cypress would NEVER off shore production but all are now GONE.

POOF ...............

 

[Mac1958]

The market had a terrible day! Yay! Whoopeee! I can't wait to start a thread on it!

What a lousy way to go through life.

This is getting old.

Just stating facts isn't celebrating what has happened.

If that's what you believe all news is then you really need to learn what news and current events is.

Stop adding your own words to what other people say. It's dishonest.

The OP didn't state anything even close to what you posted.

Wingers love to point out the bad news when the other tribe has the White House.

You know it, I know it.

If you want to pretend that isn't true, that's fine with me. It's what I expect.
.

The graphs behind Trump's failures on trade are reality. Deal with it and stop making stupid excuses.

It's my profession, so I have to take it seriously.

Watching wingers pretending to be objective sure is fun, though.
.

In your profession, do they teach you simple math and reality?

Why, yes they do.

I notice you're trying to avoid my point - that wingers love to celebrate bad news when the other tribe is in power.

You deal with someone pointing that out by trying to change the subject.

I know how it goes (both ends do it as naturally as breathing), and I don't expect anything better.
.