EXCELLENT!!
Posted on 04/02/2025 8:48:18 PM PDT by RandFan
We're now getting a wider picture of how investors are reacting to Trump's sweeping tariffs.
In Asia, major stock indexes have fallen in morning trading as concerns grow over the threat of a global trade war.
Stock markets in mainland China have just opened with the Shanghai Composite index trading broadly flat, while Hong Kong's Hang Seng is down by 1.2%.
The Nikkei 225 in Tokyo is down by 2.9%, the Kospi in South Korea is down by 1.7%, and Australia's ASX 200 is around 1.2% lower.
Futures tied to the Dow Jones Industrial Average were down by around 800 points, or 1.8%, while S&P futures fell 2.7%, and the tech-heavy Nasdaq 100 futures were 3.3% lower.
Futures are contracts to buy or sell an underlying asset at a future date. In this case, they are an indicator of how US stock markets are expected to trade when they open on Thursday - although futures trading can be volatile.
(Excerpt) Read more at bbc.co.uk ...
Any form of uncertainty tends to lower the value of the markets. It indicates no long-term trend.
Bingo!
Good! Global markets are inflated imho and it brings me joy to see this correction even if it is just market fear.
Good. Maybe I catch some on the way down. I never had the money to get some before.
True. but Trump’s announcement today putting actual numbers on his tariff plans, actually reduces some of the uncertainty—especially since the numbers were less than many expected.
Hey if tariffs are SO damn terrible how come other countries use it against us
Gold and silver fall on Thursday.
Ouch. How much and for how long?
Dow Futures are down over 800 pts, nearly 2%.
It’s just that much farther that it will rebound in the coming months.
What did you base that on, HOPE?
Stay strong Trump supporters! We need to put America first. Breaking unhealthy foreign entanglements will hurt at first - but long term independence and freedom are well worth the fight.
There is a rationale for tariffs on countries like China, that are enemies, and keep US products out with aggressive tariffs.
But why tariff countries like Australia? They are an ally, and we run a trade surplus with them.
You should ask why Australia levies high tariffs on the US, harming out exporters and US workers.
This strikes me more like a temper tantrum than a panic.
Pres. Trump is trying to rebuild a wartime-capable industrial capacity. He is curtailing inflationary spending while increasing the internal circulation of our productive wealth (tariffs are only a part of this) which will even out our wage differentiation and raise the standard of living. As our internal national wealth increases, the relative value of precious metals, in dollars, will decrease.
This will take many years, so make sure you vote for JD Vance for president twice.
Time to buy BIG! When the tax cuts hit, the roller coaster ride will be up! Up! Up . . . . . .!
S H S S S S S S S S H H H H H . . . . !
We don't want to give away where is the pay dirt.
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