I'm predicting the DJIA rising 10% by Summer. Mark it down.

When their factories shut down and they have massive layoffs and then their real estate bubble collapses, how does the long term come into play?

More tanks crushing students?

They will do what they have to do. China is putting the pressure on other countries to not create deals with the US. What can Trump do now?

Nothing.
 
They will do what they have to do. China is putting the pressure on other countries to not create deals with the US. What can Trump do now?

Nothing.
FREE FAIR TRADE OR BUST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Greg
 
FREE FAIR TRADE OR BUST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Greg

See the stock market? It's going bust. It's only a matter of time before the Republican's step in.
 
And now, I'm predicting a 46000 DOW by summer. Trump's great plan starts to gain traction and kick in. He predicted things would be a little hard at first.
Only 8,000 DOW points to go.
Summer starts June 20th.

I'm rooting for ya.
I got $850,000 hoping you are correct.
 


According to former Assistant Secretary of Defense Chas Freeman (one of the rare senior US officials that I admire), the Trump administration couldn't even explain to the Japanese negotiating team what they were looking to achieve with the tariffs.

Here's what Freeman said: "The Japanese have just been in Washington. Their experience apparently was they went to talk to the American leadership on this matter, and the American leadership said 'what are you offering?' And the Japanese said 'well, what is it that you want?' And the Americans could not explain what they wanted."

Freeman also noted, correctly, that "the United States [broke] virtually every agreement it has agreed to in recent decades including the replacement for NAFTA with proposed tariffs on Canada and Mexico that was negotiated by Mr. Trump in his first term."

Which doesn't exactly encourage countries to make a deal with Trump: what's the point?

Which is why Freeman believes that China won't go for negotiations and has instead decided to "wait [America] out".

As he puts it: "What is [China's] incentive to negotiate with the US when the US has no stated objectives that make sense and no record of compliance with its own agreements? I think the Chinese have decided they will wait us out and see how Americans like Walmart and Amazon denuded of products."

Fundamentally and somewhat paradoxically, that's the thing Trump the self-anointed "dealmaker" obviously doesn't get: at the end of the day dealmaking is built on credibility and consistency, and America has now neither.
 
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