SBUX back to $91. Def support at that level.Staples, utilities, telcos in the green, much of pharma too at the open.
SBUX back to $91. Def support at that level.Staples, utilities, telcos in the green, much of pharma too at the open.
Buying US treasuries is a good thing.You realize that trade deficits cause those countries to buy US treasuries, thereby lowering interest rates in this country? Now those investments will be severely curtailed.
Pharma is exempt. So are semiconductors.Staples, utilities, telcos in the green, much of pharma too at the open.
I want to buy SBUX due to the CEO, but I don't want to buy it due to the business. LOL!SBUX back to $91. Def support at that level.
I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.I bought a little last night, RIVN and META.
Will probably buy a little more today, but definitely not jumping in with both feet.
Staples and dividend payers like the staples are always among my favorites. Wouldn't buy either of them here though.KO and KMB both up at potential break out levels.
Any stock can have its day in the sun lol. I prefer paying attention to and buying them when its cloudy stormy and raining cats and dogs lol. Then wait for the storm clouds to go away and the sun to come back out but that can take time as well.Man when did T become the perfect chart?
Of my custom stock basket - VRTX, COST, and TDG are in the green.Staples and dividend payers like the staples are always among my favorites. Wouldn't buy either of them here though.
If the investments are for your kids, you should add a little BTC to the portfolio (IBIT or FBTC).I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.
I have some business income that comes in monthly which I usually use to spend exorbitantly on vacations but if the market goes low enough I wonder if I should buy more of the index.
You never know when the market is going to bounce, or if it is going to continue to decline, so I'm not sure if I would deviate from a plan that is working.I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.
I have some business income that comes in monthly which I usually use to spend exorbitantly on vacations but if the market goes low enough I wonder if I should buy more of the index.
Yes buying treasuries is a good thing. That was my point.Buying US treasuries is a good thing.
In other news, nice overnight dip for gold! Bought more GLD future contracts.
I read that the only reason they are exempt is because the WH is going to consider them for their own tariffs. Not that they wouldn't be tariffed at all.Pharma is exempt. So are semiconductors.
I haven't made any Krugman posts on the economy that I can recall. Perhaps address the content of my post instead of sniping. As I said above, not all tariffs are bad, but the way these tariffs were calculated is just crazy. Here's Deutsche Bank's take on this, which was just on CNBC, i.e., they question the process used to make these policy changes and are concerned about credibility of the administration. Just imagine the global supply chain dislocations possible if major companies move manufacturing to the US, where labor costs are much higher, only to have the tariffs rolled back in 6 months, which we know is possible under such inconsistent leadership.Paul Krugman been saying Trump
Was gonna ruin the economy since 2016. You could have just bumped your posts from then instead of being wrong twice.
@RU-05 see now that’s a CE level post by both of us. I look forward to you reprimanding him.
Thankfully Lilly is still going strong. But BMS and Merck, have a patent cliff coming up and Pfizer, Novartis and other companies are having layoffs. Any pharma tariffs will impact the companies currently have revenue issues. They will all rebound in the future, but their stocks will take a hit in the near term.I read that the only reason they are exempt is because the WH is going to consider them for their own tariffs. Not that they wouldn't be tariffed at all.
The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.I read that the only reason they are exempt is because the WH is going to consider them for their own tariffs. Not that they wouldn't be tariffed at all.
I would have to learn more about them. I know they exist but really never gave them much thought.If the investments are for your kids, you should add a little BTC to the portfolio (IBIT or FBTC).
No, it's not. Let's follow-up on the CE---bring your receipts.You're saying he didn't say that they should look into using bleach in the body? It's on video.
Because it’s not reality. We don’t have the workforce and our workforce is too expensive. That’s why it’s a CE topic.I’m not sure how asking how manufacturing returning to the US is bad thing is a CE topic.
Raw materials for medications also come from outside the US to manufacturing plants in the US. I would assume those would have tariffs?The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.
As for semiconductors. A shortage in chips would destroy the US economy. Besides, TSM already is building a new US manufacturing plant, so why hit them?
Raw materials for medications also come from outside the US to manufacturing plants in the US. I would assume those would have tariffs?
However, >95% of new medications come from academic research. With the slashing of research support, other countries, especially China, will certainly take the lead. So Big Pharma likely rebound, but it won't be the USA that benefits financially.Thankfully Lilly is still going strong. But BMS and Merck, have a patent cliff coming up and Pfizer, Novartis and other companies are having layoffs. Any pharma tariffs will impact the companies currently have revenue issues. They will all rebound in the future, but their stocks will take a hit in the near term.
not necessarily.Raw materials for medications also come from outside the US to manufacturing plants in the US. I would assume those would have tariffs?
Video of Trump press conference suggesting injecting disinfectant
Logically I would agree. But I don't think that term applies to the market or anything that's been impacting it recently.The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.
As for semiconductors. A shortage in chips would destroy the US economy. Besides, TSM already is building a new US manufacturing plant, so why hit them?
Video of Trump press conference suggesting injecting disinfectant
Where? Are you kidding me? At his daily press conferences. I saw that live!where did he say that..another fail
words matter context matter careful/Where? Are you kidding me? At his daily press conferences. I saw that live!
only speaking to what I am personally involved with and I'd say 90% or more of the raw mats come from within the USPlease explain.