Contrived “reaction” engineered by globalists. If the stock market reacts to a small tariff that affects $200B in goods, realizes a tiny $50B in money collected, versus a stock market with a $34T net worth then you know this is TOTAL BS.
seems 10 years ago 300 points was a large move ( it was a larger % drop)
Today it seems the typical person responds the same way emotionally to a drop of 300 pts which is a much small % change.
CNBC says that China just reciprocated on tariffs on America.
Tariff all Chinese exports, President Trump.
Really.
Trump’s tariff war with China will hit TVs, dishwashers, toys, lithium batteries, iPhones — even Silly Putty
GOOD! I am an AMERICAN before I am a freakin' "consumer". I can do without a new TV, appliance or phone for 2 years if that's what it takes to utterly destroy the Chinese and level the playing field after DECADES of TREASON by our elected officials of both parties.
translation: there were no buyers except at a discounted price.
Soros, Buffet, Koch effect...get some stuff on sale, I say, if it drops enough.
Temporary.
What’s good for America
and what’s good for Wall Street
don’t always necessarily coincide.
Fine, let’s “share the pain” as the Dems say. We’ll emerge much much better off. It’s time to hold China accountable.
Not advice but how many see this as a buying opportunity?
I said to myself once team Trump got going and saw what they were doing in early 2017, they will make our market for manufacturing and investing to be the place to be. How does China not come back and make a deal, they can't exist without us, no freakin' way.
And, speaking of the March towards Freedom, the Brexit Party is up and running and is about to kick @zz?!
No I am not tired of winning.
BTW, IMHO the electric car/truck/motorcycle/boat/airplane revolution is coming and all the FR protestations won't stop it. The elephant in the room is China, they own the battery side of that market right now, something like 60% in fact. You don't think our Lion PDJT isn't playing hardball while Lisa Murkowski and others are working on our Lithium Supply chain so we have a domestic source and are not beholden to the ChiComs? Do you think he might be protecting the job gains in the MidWest as we head to 2020?
Start here for info in LI Supply chain...http://www.freerepublic.com/focus/f-news/3747218/posts
I’ve always found that buying products from Chinia is more expensive because it is crap and has to be replaced after it breaks.
The sky is falling!!!