The stock market

[Sandy Shanks]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

 

[Justin Richardson]

The market will be back up 27050 by a week from today.

 

[Thinker101]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

 

[MarathonMike]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Really who does he think he is, Jim Cramer?

 

[basquebromance]

Cramer once said he thinks of nothing else but stocks. yet he sucks at it

 

[Thinker101]

And what would we be hearing if the economy (and market) tanked as these loons predicted?

 

[basquebromance]

this is the greatest fake bull market in history

 

[Harpy Eagle]

At the end of the day today the DJI has now gained 1.96% in the 558 days since Trump started his trade war.

The S&P 500 has gone up 5.10 in those same days

The Russell 2000 has lost 2.93 in those same days

This is not a short time frame, this is 1 and a half years of stagnation. And yet his sheep continue to worship him.

 

[edward37]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

 

[basquebromance]

median family income stagnated in the obama and trump years

stay out of the bond market. stay out of the stock market. keep your powder dry. build up your cash

i'm not blaming just trump and obama, i blame everybody!

 

[Thinker101]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

 

[basquebromance]

One day this economy will roll over

 

[edward37]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

Not too good today

-$107,429.90 (-1.54%)
Day Change

 

[edward37]

One day this economy will roll over

And trump as usual will be gone

 

[Thinker101]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

Not too good today

-$107,429.90 (-1.54%)
Day Change

Quick, you better bail out.

 

[edward37]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

Not too good today

-$107,429.90 (-1.54%)
Day Change

Quick, you better bail out.

Been in too long I can make that number or lose it in a day and it's no sweat

 

[Thinker101]

Dang, if you're going to whine every time the market loses 1% ya probably shouldn't be in the market.

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

Not too good today

-$107,429.90 (-1.54%)
Day Change

Quick, you better bail out.

Been in too long I can make that number or lose it in a day and it's no sweat

Yet you want to whine about 1%...go figure.

 

[edward37]

Along with the 333 yesterday??? Trump is an AH

Yep, I'm sure you're quite the investor, STFU.

Not too good today

-$107,429.90 (-1.54%)
Day Change

Quick, you better bail out.

Been in too long I can make that number or lose it in a day and it's no sweat

Yet you want to whine about 1%...go figure.

No whining Just an opportunity to bash a president I despise for good reason ,,nite

 

[Zorro!]

The stock market was well on its way to recovering its losses from yesterday. The Dow was 300 points in the black.

Then Trump made an announcement.

Trump said the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports next month, a significant escalation in a trade war that has dragged on for more than a year.

Trump said he was moving ahead with the levies as of Sept. 1 as punishment for China’s failure to buy more American agricultural products and stem the flow of fentanyl into the United States, as it had promised.

The Dow immediately lost 500 points, losing 281 on the day. Nasdaq and the S&P also lost ground due to Trump's decision.

Trump still thinks China is paying for the tariffs, or he is lying, thinking his base is foolish enough to believe him. “Until such time as there is a deal, we’ll be taxing them,” Trump said in remarks at the White House.

A tariff is a tax on imported goods. Despite what the president says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country.

https://www.forbes.com/sites/howard...hat-is-a-tariff-and-who-pays-it/#109bd168137b

In the end we pay Trump's 10% tax, we being the American consumer, all 300 million of us.

Actually, Americans will pay twice for Trump's tariffs. We lost millions of dollars in retirement savings today because of Trump. That is a permanent loss. Because of market changes Americans may get back to where they were, but the principle lost today is gone forever.

Thank you, Mr. President.

Holy Smokes! There are bad calls, and then there are BAD CALLS!

Please let us all know when you expect the next Market "Crash", you might have some real value as a reverse indicator.

WINNING: It Was a Very Trumpian 2019: Global Stock Markets Gained $17 Trillion in Value This Year.

Obligatory: PAUL KRUGMAN ON ELECTION NIGHT 2016: “If the question is when markets will recover, a first-pass answer is never!”

 

[ChemEngineer]

One day this economy will roll over

You have no money to invest. You're a Leftist America-hater.

Paul Krugman -- Nobel Prize-winning economist, retired Princeton professor, New York Times columnist, and village idiot -- was not alone in predicting a worldwide recession upon the election of Donald John Trump as president.

3 days after we made Donald John Trump president, Business Insider reported, "One of Trump's major economic policies could lead to a 'global recession.'"

That one policy was the keystone to his economic plan: engaging the trade wars.

Business Insider said,

"If Trump were to pursue these policies, Willem Buiter, chief economist at Citi, wrote in a note to clients that it might spark a global trade war, 'which could easily trigger a global recession.'"

The story said researchers at Deutsche Bank warned, "The biggest threat to growth is a possible protectionist turn, which could depress global trade and even trigger trade wars."

And Buiter said, "We stress the potential multipliers of changes in the US position on international trade: the US has been the champion of free trade and open borders for decades. A retreat from globalization by the U.S. would likely lead to reciprocal actions from other countries, and reinforce the latest shift towards de-globalization and could be another nail in the coffin of the liberal global economic world order that has supported prosperity since 1948."

This hysterical argument against President Trump's America First policies continued throughout this year. CNBC reported on May 20, 2019, "More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.

"'If talks stall, no deal is agreed upon and the U.S. imposes 25% tariffs on the remaining $300 billion of imports from China, we see the global economy heading towards recession,' Chetan Ahya, Morgan Stanley’s chief economist and global head of economics, said in a note Monday."

On August 12, 2019, NBC reported, "President Donald Trump's trade war with China is increasing the odds that America will be thrown into a recession, according to investment bank Goldman Sachs."

But once again, the experts were wrong.

President Trump did not kill the world economy. In fact, the opposite happened.

CNBC reported, "Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations.

"The value of global equities began the year just under $70 trillion but has now surpassed $85 trillion, according to a chart from Deutsche Bank’s Torsten Slok."

That is a 25% increase, which means 2019 was a pretty good year for investors and the global economy.

The story said, "The large climb for world markets has been largely dominated by the U.S. markets, however. The rally in the U.S. has been broad, with the S&P 500, Dow Jones Industrial Average and Russell 2000 all rising more than 20% this year."