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How the market sell-off could get much worse: ‘Better put on your helmet’
CNBC ^ | December 3, 2019 | Bob Pisani

Posted on 12/03/2019 7:12:22 PM PST by cba123

President Trump’s comment that he had no deadline on a China deal has predictably thrown markets into a tizzy, as the self-imposed deadline of Dec. 15 for additional tariffs is now less than two weeks away.

The market is now grappling with the likelihood of no trade deal, but the critical issue is tariffs. I asked UBS Art Cashin if traders would be satisfied with 1) no new tariffs on Dec. 15, 2) keeping additional tariffs, and 3) no deal going into the new year.

(Please see link for full article)

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: 2020election; agitprop; america; beijing; boycotts; bubble; china; cnbc; dnctalkingpoint; dnctalkingpoints; election2020; fakenews; hoax; hongkong; incometaxes; mediawingofthednc; partisanmediashills; presstitutes; sanctions; smearmachine; taiwan; tariffs; taxcutsandjobsact; taxreform; tcja; trade
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Trump is the very first American leader, who has done anything to counter China.

In either party. Anywhere.

Don't back off, Trump.

And in my own view, you should ESCALATE tariffs on China, significantly.

Oh. And open visiting and basing relationships, with the Republic of China.

:)

1 posted on 12/03/2019 7:12:22 PM PST by cba123
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To: cba123

Another buy opportunity coming up, need to transfer more cash to the account.


2 posted on 12/03/2019 7:13:39 PM PST by going hot (happiness is a momma deuce)
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To: cba123

https://www.cnbc.com/2019/12/03/how-the-market-sell-off-could-get-worse-better-put-on-your-helmet.html


3 posted on 12/03/2019 7:13:58 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

The fire inside the ChiComs financial system has started to grow rapidly now - combined with the swine flu and other agricultural issues, it’s time to pour gasoline on that fire now.

Start delisting Chinese companies from our stock exchanges along with increased tariffs. Completely outlaw any firms who do business with the PLA.


4 posted on 12/03/2019 7:18:58 PM PST by datura
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To: cba123

The article’s “put on your helmets” quote refers to a 50% tariff. Not going to happen LOL!
I expect Trump to tighten the screws 5 to 10% if he needs to...

China’s response may be in NK. Looking that way.


5 posted on 12/03/2019 7:21:21 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: cba123

It’s not news, it’s propaganda. And anti- American propaganda at that. The measly 1% drop is from an all time high market.


6 posted on 12/03/2019 7:22:46 PM PST by Williams (Stop Tolerating The Intolerant)
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To: datura

December selling to lock up profits for 2019.
Got to have good numbers for the reports.


7 posted on 12/03/2019 7:23:45 PM PST by jonose
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To: cba123

Hey CNBC: GO FU*K YOURSELF!


8 posted on 12/03/2019 7:25:34 PM PST by Artcore (Trump 2020!)
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To: cba123

Right now we have the best stock market EVER.


9 posted on 12/03/2019 7:26:09 PM PST by kaehurowing
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To: cba123

TRUMP!

RUN!


10 posted on 12/03/2019 7:26:59 PM PST by epluribus_2 (He, had the best mom - ever. my)
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To: cba123

There were 3 or 4 record highs in November, a point the media seem to have overlooked.


11 posted on 12/03/2019 7:27:54 PM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.")
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To: cba123
Ron White put on a Helmet
12 posted on 12/03/2019 7:31:23 PM PST by mabarker1 ((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
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To: cba123

Wouldn’t surprise me if a NK launch is shot down.

Kim just can’t seem to disobey his Beijing masters.


13 posted on 12/03/2019 7:38:30 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: cba123

How short our memories are.

I remember Trump and Kim Jong Un hurling insults at each other for months right before Trump went to North Korea.

Just like leaders of rival street gangs preparing the battle space for the truce meeting they are going to have.

Big time stock buying opportunity.


14 posted on 12/03/2019 7:40:33 PM PST by CurlyDave
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To: Williams

CNBC should be a tip off


15 posted on 12/03/2019 7:46:37 PM PST by Bell Bouy II
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To: cba123
The markets shifted 1 percent or less.

get over yourselves FFS.

go have a puppers

16 posted on 12/03/2019 7:59:53 PM PST by onona (Just tell me where to muster, I'll bring my shit)
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To: cba123

Anyone else tired of chicken little?

The market goes up and down. It has not done anything like pre-turn-of-the-century for a long time. It only works up, crashes down and then struggles back up again.

Pundits and the media only make the whipsaw worse.


17 posted on 12/03/2019 7:59:54 PM PST by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: cba123

Market goes up. Market goes down.


18 posted on 12/03/2019 8:01:03 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: cba123

It’s December. Year end selling. Mutual funds selling their losers.


19 posted on 12/03/2019 8:11:03 PM PST by calljack (Sometimes your worst nightmare is just a start.)
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To: calljack

DJT has a boom market with record highs to use to scare China; who must marvel that a confident DJT doesn’t give a crap about his Dow Jones Avg ...he’s not backing down.


20 posted on 12/03/2019 8:20:10 PM PST by chiller (As Davey Crockett once said: Be sure you're right. Then go ahead. I'm goin' ahead.)
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