Posted on 04/04/2018 12:27:51 PM PDT by SeekAndFind
U.S. stocks were higher in afternoon trading on Wednesday, with the major indexes recovering from earlier losses as investors’ fears eased over a trade conflict between the United States and China.
Beijing hit back against U.S. plans to impose tariffs on $50 billion in Chinese goods, with proposals for a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals.
However, investor concerns appeared to ease after Trump’s top economic adviser Larry Kudlow said the administration was involved in a “negotiation” with China rather than a trade war.
The market also seemed to take comfort from the fact that the effective date of China’s move depends on when the U.S. action takes effect and Washington has a two-month window for public comment and consultation.
Omar Aquilar, Chief Investment Officer at Charles Schwab in San Francisco, said equity investors may have reacted too soon as fixed income and currency markets appeared unperturbed by the exchange between China and the United States.
If currency and fixed income investors are not concerned, “that tells you a lot about what the implications might be,” said Aquilar, adding that even if the tariffs actually happen it would be a few quarters before they would hurt revenue.
(Excerpt) Read more at reuters.com ...
Good news. Futures were down almost 600 when I woke up this morning.
There’s too many people in the market who should be on meds.
The media that has had 25 years to figure out how China was gaming trade, is right on top of anything our nation does to combat what China has been doing.
China thus gets the free pass, and we get all the blame.
Our main stream media is worthless.
That's what I said after that crazy one-week stretch back in 2011 when the threat of monetary default by several European countries sent the market more up and down than the highest roller coasters at Six Flags Magic Mountain!
With all the lies and global agenda driven half truths that “economists” learn in B school it is amazing that they all haven’t commuted suicide by now. Economics is political, an art form and has some many mathematical variables it is not even close to science.
They’re just hedging for the inevitability of the Chinese scooping up these flailing media companies. Would not want to upset their new overlords.
Yeah, I’d buy that explanation.
Could be some truth in that too.
They’re not much different from the libs who thought Reagan was going to get us into WWIII.
The ‘swings’ are too big. Any chance China is manipulating markers?
The ‘swings’ are too big. Any chance China is manipulating markers?
Rather than playing the VIX if thier control was great enough - could they ‘create the VIX’... then cash in on swings?
I think somebody is. When the market first started these gyrations the first week of February, I don't remember what date, but there were three thousand point swings in one day. From 500 down to 500 up to 600 down to 400 up etc. That kind of volatility just isn't normal.
“Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’”
Do we have computers that could spot this type of ‘tampering’... could this be a up-dated variation of the old ‘cornering the markets’?
John C. Bogle (of Vanguard fame) said today he had never seen anything like it in his 60 years dealing with markets.
The only groups with the power and money to create ‘swings’ would be State Players. China is big enough, smart enough and has the motive. They could ‘drain’ the cash our of our country...
“Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’”
“Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’”
Do we have computers that could spot this type of ‘tampering’... could this be a up-dated variation of the old ‘cornering the markets’?
John C. Bogle (of Vanguard fame) said today he had never seen anything like it in his 60 years dealing with markets.
The only groups with the power and money to create ‘swings’ would be State Players. China is big enough, smart enough and has the motive. They could ‘drain’ the cash our of our country...
“Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.