Happy Liberation Day

[rightwinger]

This is short term pain to repair the low unemployment, low inflation, record oil production, world leading GDP growth, and record stock market disaster Biden had.

If it ain’t broke, don’t fix it

 

[rightwinger]

Edit to Add:
There is no doubt that these actions would be cheered here at deafening levels had they been taken before November by the fucktards on the left and equally derided by today’s champions.

Only that didn’t happen

Biden left Trump a strong economy, just like Obama did

 

[evenflow1969]

Where is our ability to grow coffee beans or bananas?

Oh, it doesn't end there. Many many more products out there that have to come from other places.

 

[Zincwarrior]

I don't think markets will crash. Tariffs won't cause a crash. They will cause a serious correction, though, and there's going to be a recession because our current economy makes the US a consumer economy. Americans won't want to consume in this environment. MAGA world's hope is that reshoring/investment in US manufacturing can happen fast enough to calm markets during this transition.

Color me really, really skeptical that this works.

This post did not age well.

 

[rightwinger]

This post did not age well.

This is not a correction
It is a Trump induced panic

 

[citygator]

Just so you know... inexpensive T shirts arent made in the US so there is no domestic resource for them. The original China HTS on a tshirt was 15%. Then Trump added the 20% from March, then he added the 10% baseline, then stacked on that a 34% reciprocal. That is 79% tariff on something not made in the US. I wonder what Walmart and Target will do to prices when their cost goes up 79%?

 

[rightwinger]

Just so you know... inexpensive T shirts arent made in the US so there is no domestic resource for them. The original China HTS on a tshirt was 15%. Then Trump added the 20% from March, then he added the 10% baseline, then stacked on that a 34% reciprocal. That is 79% tariff on something not made in the US. I wonder what Walmart and Target will do to prices when their cost goes up 79%?

There goes my wardrobe

 

[Edgetho]

Yes, you had no knowledge how "shorting" works?

I am short the following stocks. I shorted:

A at 138.64 and the stock is at 110.65, meaning that I am up $2800+ per 100 shares

I shorted AAPL at 245.55 and the stock is at 205.68, I am up $4487 per 100 shares

I shorted AXP at 316.77 and the stock is at 250.74. I am up $6600 per 100 shares.

Yes, I know how shorting works. And you don't short by selling stocks. The above makes sense, the prior post made no sense at all and if you ARE a trader, you know it.

THAT is what I was reacting to.

I still think you're full of shit. Even if you are a Day Trader, you're gonna be selling Used Cars eventually. It's where most of them end up.

Divorced, fighting alcoholism, depression, anxiety, health problems due the aforementioned... None of which will be your fault. Of course

Typical dim.

Besides, and here's the most important point...... Day Traders get rich in a SHIT Market. So why ae you complaining about OMB making you rich? Up-Markets kill Traders

Methinks you're a 12 year-old little girl wasting time on your Mom's computer in between Home School sessions.

 

[Luckyone]

There's investors and then there's traders.

Pigs get fat, Hogs get slaughtered.

Every trader I've ever known ended up dead broke. OTOH, I've never met the billionaires that made it. But the success ratio is about a thousand to one.

You invest your money after thorough research and sit back and watch it. I just moved a little bit of mine from a EuroPac Fund to an American Growth Fund because I think we're going to win this Tariff War.

dimocrap scum bet against American every time. As usual. They also take the side of America's enemies.

Every time.

It's probably best that you have someone else placing your bets

WRONG!!!!

It does take knowledge to be a trader but traders that know what they are doing make more money than buy and hold investors.

Back in 1985 (when I was working for Pru-Bache), I got sent to the Chicago Board of trade. There I met a trader that rented a seat on the floor of the U.S. Bond market and he was seen as a "god" to traders. He started with $25,000 and in 2 years, he had made $200 million dollars "trading" bonds. He would make as many as 50 trades a day.

The idea of traders is simple. Make more money than is lost. Being right or wrong is not important. What is important is to make money profits than losses. He showed me what he did and that has helped me in my trading.

Back in 2010, I traded at stock (don't remember the name) that I bought at 21.50. One year later, the stock was at 28.50, meaning that an investor would have made 30% profit in buying and holding.

I traded the stock 18 times during that year, with shorting the stock 11 times and buying the stock 7 times. I had 13 profitable trades and 5 losing trades and I made 5 times more profit (after losses and commissions were subtracted).

I have met a lot of traders that are consistently successful. I am one of them, even though I am too old to day trade, meaning that I do short-term trades (1-9 weeks as a rule)

Recently (the last 6 months), I have not done much trading on anything. The market has not been clear (too much uncertainty), meaning that trading "and" buy and hold investing has not been easy or clear, which in turn means doing mostly nothing has been the best way to go. I normally trade about 300 times a year. I have traded less than 10 trades in the last 6 months.

 

[forkup]

It is painful to watch the market recede as much as it is doing today but I do not believe it is a permanent or long term trend. Remember when the so-called dot.com bubble burst in early 2000, the NASDAQ lost roughly 75% of its value in one day. But it would recover. The housing crash in late 2008 crashed the markets by a much larger percentage than we are seeing today but it recovered nicely.

The sketchy Biden economy had taken the market down significantly when Trump inherited it. But investors do not like significant changes in economic policy without proven confidence that the results will be as promised. So they've pulled back a lot of big money.

Meanwhile we small--REALLY small in my case--investors will ride it out and enjoy all those lovely dividends we get as the market recovers.

Why do you think it won't be a long-term trend?

I think it will be in the interest of the world to divest themselves from the United States as much as possible. Since the United States is making it very clear that they will abuse their position on a political whim. That's the problem.

These tariffs aren't a response to a particular problem. They are a direct consequence of the election of a particular person who is shifting the electorate to a might makes right mindset. It makes the US a completely unreliable business partner long after Trump leaves office.

Trading partners don't react kindly to changing of terms of agreements without a very good reason. And the politicians in some of the more important trading partners have to get reelected by their own electorate, who the US is going out of its way to piss off.

My point is that this is a trade war, started by a clear aggressor. And even if that aggressor wins that war, the long-term consequences will likely be that the losers of that war will have the all the incentive in the world to make sure that the winner will never be in a position to do what he just did again.

It doesn't matter how big the US economy is, in the end it's still smaller than the combined economic might of the rest of the world.

 

[marvin martian]

Go back to 4% unemployment and a record stock market like we had under Biden.



Make the rich pay their fair share, deficit problem solved.

What's "their fair share"? Give some numbers.

 

[Edgetho]

WRONG!!!!

It does take knowledge to be a trader but traders that know what they are doing make more money than buy and hold investors.

Back in 1985 (when I was working for Pru-Bache), I got sent to the Chicago Board of trade. There I met a trader that rented a seat on the floor of the U.S. Bond market and he was seen as a "god" to traders. He started with $25,000 and in 2 years, he had made $200 million dollars "trading" bonds. He would make as many as 50 trades a day.

The idea of traders is simple. Make more money than is lost. Being right or wrong is not important. What is important is to make money profits than losses. He showed me what he did and that has helped me in my trading.

Back in 2010, I traded at stock (don't remember the name) that I bought at 21.50. One year later, the stock was at 28.50, meaning that an investor would have made 30% profit in buying and holding.

I traded the stock 18 times during that year, with shorting the stock 11 times and buying the stock 7 times. I had 13 profitable trades and 5 losing trades and I made 5 times more profit (after losses and commissions were subtracted).

I have met a lot of traders that are consistently successful. I am one of them, even though I am too old to day trade, meaning that I do short-term trades (1-9 weeks as a rule)

Recently (the last 6 months), I have not done much trading on anything. The market has not been clear (too much uncertainty), meaning that trading "and" buy and hold investing has not been easy or clear, which in turn means doing mostly nothing has been the best way to go. I normally trade about 300 times a year. I have traded less than 10 trades in the last 6 months.

Then why are you still trading? In your (?) 70s??

Typical.

 

[Luckyone]

Yes, I know how shorting works. And you don't short by selling stocks. The above makes sense, the prior post made no sense at all and if you ARE a trader, you know it.

THAT is what I was reacting to.

I still think you're full of shit. Even if you are a Day Trader, you're gonna be selling Used Cars eventually. It's where most of them end up.

Divorced, fighting alcoholism, depression, anxiety, health problems due the aforementioned... None of which will be your fault. Of course

Typical dim.

Besides, and here's the most important point...... Day Traders get rich in a SHIT Market. So why ae you complaining about OMB making you rich? Up-Markets kill Traders

Methinks you're a 12 year-old little girl wasting time on your Mom's computer in between Home School sessions.

You are entitled to your opinion, but the fact is that you have it all wrong.

Suffice it to say that I started my service in 2007 (18 years ago) and during that time, I have shown 15 profitable years and 3 losing years. Two of the three losing years, I was the one that lost (not my subscribers) because I was not faithful to my trading system. This means that my trading system told me to get out of a trade but I didn't (got married to the stock) and it cost me.

Nonetheless and in spite of those 3 losing years, the other 15 profitable years, I made more profits each year than any of the losing years. Proof is in the fact that 5 of my original subscribers (in 2007), are still with me in 2025, I must be doing something right for those people to be paying me a $30 monthly subscription fee for 18 years.

Having said that, you can believe whatever you want to believe. I don't give a damn about what you think.

 

[Foxfyre]

Why do you think it won't be a long-term trend?

I think it will be in the interest of the world to divest themselves from the United States as much as possible. Since the United States is making it very clear that they will abuse their position on a political whim. That's the problem.

These tariffs aren't a response to a particular problem. They are a direct consequence of the election of a particular person who is shifting the electorate to a might makes right mindset. It makes the US a completely unreliable business partner long after Trump leaves office.

Trading partners don't react kindly to changing of terms of agreements without a very good reason. And the politicians in some of the more important trading partners have to get reelected by their own electorate, who the US is going out of its way to piss off.

My point is that this is a trade war, started by a clear aggressor. And even if that aggressor wins that war, the long-term consequences will likely be that the losers of that war will have the all the incentive in the world to make sure that the winner will never be in a position to do what he just did again.

It doesn't matter how big the US economy is, in the end it's still smaller than the combined economic might of the rest of the world.

​

The annual trade deficit in the U.S. has been steadily increasing for decades. In January 2022 it was $131.4 making it the largest trade deficit reading on record. On top of that tariffs on U.S. products have pretty much decimated the entire U.S. manufacturing industry with many essential products no longer made in the USA.

Trump may not succeed but I wish him every good thought I can muster that he will succeed in turning that around. We need Americans to be making essential products in America. And we need the era of the world using the USA as its piggy bank and useful idiot to be no more.

I say give Trump and his team a chance to fix what's broken. And yes that means some short term pain in order to achieve significant gain.

 

[Mac1958]

This is not a correction
It is a Trump induced panic

Sure, but his taxes aren't going up.

Or, well, if he had to pay them, that is. But he's good. So is Elon.

Let's keep our priorities straight.

 

[otto105]

​

The annual trade deficit in the U.S. has been steadily increasing for decades. In January 2022 it was $131.4 making it the largest trade deficit reading on record. On top of that tariffs on U.S. products have pretty much decimated the entire U.S. manufacturing industry with many essential products no longer made in the USA.

Trump may not succeed but I wish him every good thought I can muster that he will succeed in turning that around. We need Americans to be making essential products in America. And we need the era of the world using the USA as its piggy bank and useful idiot to be no more.

I say give Trump and his team a chance to fix what's broken. And yes that means some short term pain in order to achieve significant gain.

Just following the yellow brick road then.

 

[g5000]

Is Russia on the tariff list?

Oh hell no. Trump would never, ever do anything to hurt the love of his life.

Trump is more faithful to Putin than he ever was to his three wives, and that's a fact.

In fact, I posted last night my suspicions this tariff war is designed precisely to help Putin's foundering economy.

 

[rightwinger]

The annual trade deficit in the U.S. has been steadily increasing for decades. In January 2022 it was $131.4 making it the largest trade deficit reading on record. On top of that tariffs on U.S. products have pretty much decimated the entire U.S. manufacturing industry with many essential products no longer made in the USA.

Why do we have a trade deficit?

Because we are the wealthiest nation in the world. That means we consume more than the nations we trade with.

 

[Foxfyre]

Why do we have a trade deficit?

Because we are the wealthiest nation in the world. That means we consume more than the nations we trade with.

But we are consuming what other countries produce because we no longer make things like textiles or washing machines or electronic devices. The loss leaders in todays market are Amazon, Nike, Apple, Walmart, Cosco and others who depend heavily on products made in other countries.

Again maybe Trump will fail in bringing manufacturing back to the USA so that we are not dependent on other countries that do not have our best interests in mind at all. It is dangerous that we are so dependent on those other countries for many products like ingredients in pharmaceuticals that we do not make in the USA. So I will give him every good thought to succeed. All honorable Americans should do that.

 

[forkup]

​

The annual trade deficit in the U.S. has been steadily increasing for decades. In January 2022 it was $131.4 making it the largest trade deficit reading on record. On top of that tariffs on U.S. products have pretty much decimated the entire U.S. manufacturing industry with many essential products no longer made in the USA.

Trump may not succeed but I wish him every good thought I can muster that he will succeed in turning that around. We need Americans to be making essential products in America. And we need the era of the world using the USA as its piggy bank and useful idiot to be no more.

I say give Trump and his team a chance to fix what's broken. And yes that means some short term pain in order to achieve significant gain.

You know why the US has such a large trade deficit? It is the biggest economy in the world. Requiring more imports than other countries.

As for it being some kind of piggy bank. It has advantages in global trade that no other countries have. The dollar for instance is the world reserve currency. Meaning that it can borrow money at reduced interest rates. Fueling the economy. Trade isn't some zero-sum game.