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OT: Stock and Investment Thread

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ashokan

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China run by a mafia - they cheat, they steal, they lie.
A US business setting-up in China has to partner with a Chinese business so it can learn/steal from them
Who needs Ivy/Oxbridge MBAs from Wall St/City of London when they just grab their ankles and get played for a pot of porridge ?

From a Canadian:

 
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RU848789

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Jul 27, 2001
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Caliknight said:
Hahahaha!
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That assumed Trump didn't back off. I've said multiple times that if he postponed the reciprocal portion of the tariffs by 90 days (like many thought he had done on Monday, leading to a huge spike up) or backed off in some other meaningful way, the markets would jump right back up and they did, today, immediately after he announced that. Insider trading with the whole country, lol.
 
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phs73rc77gsm83

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T2Kplus20 said:
Guys - Was in another all-day meeting. LOL!

I don't know what else to say. I hope folks took my advice on why you can never get out of the market when an artificial crash like this happens. We are at the mercy of President Trump and his tariff plans. Things looked bad, but we were literally 1 tweet away from getting your faces ripped off by the rebound rally. He may change his mind and we return to lows. I have no idea. Nobody does right now. But unless you are in retirement and need the money, you have to weather the storm and buy.

Still working, so I will make fun of @rutgersdave and @jtung230 later.
😁
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I’m in retirement and don’t jump in and out of the market by trying to time it, nor do I get to excited by large jumps or drops. If you’ve planned well and were skillful/lucky enough to amass resources to weather large declines—even if they last over a period of years—then you avoid the angst. Good luck to all whether you’re a frequent trader, dollar cost averages, buy and holder, or anything else!
 
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BIGRUBIGDBIGredmachine

BIGRUBIGDBIGredmachine

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RU848789 said:
That assumed Trump didn't back off. I've said multiple times that if he postponed the reciprocal portion of the tariffs by 90 days (like many thought he had done on Monday, leading to a huge spike up) or backed off in some other meaningful way, the markets would jump right back up and they did, today, immediately after he announced that. Insider trading with the whole country, lol.
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Where did you make that market call? Asking for a friend.
 
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Barnaby&Neill

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bac2therac said:
wait the market is now up to what it was on April 3 and there are 50-70 countries rushing in to negotiate now. catch up sport
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This isn’t at all a critique of tariffs or the idea of bringing manufacturing to America…we can each form our own opinions about how that should or shouldn’t play out.

If it’s what we’re pursuing, I don’t see the accomplishment today. Treasuries have been taking a beating and we were staring down a situation where tariff proceeds would be used to fund higher borrowing costs created by the tariffs themselves. And maybe a situation where the fed would have to buy treasuries to stabilize rates.

The stock market stuff can get dodgy but if you truly believe in the tariffs you can stomach it as short term. I think the rates issue was totally unexpected and so not surprising they backed off after that materialized vs how they held course when stocks were falling.

With that backdrop…so far I don’t see today as achieving anything except avoiding worse fallout. Hence my earlier post: are we now just negotiating with less leverage since counterparties have seen we’ll backdown from a tipping point?
 
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bac2therac

bac2therac

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Barnaby&Neill said:
This isn’t at all a critique of tariffs or the idea of bringing manufacturing to America…we can each form our own opinions about how that should or shouldn’t play out.

If it’s what we’re pursuing, I don’t see the accomplishment today. Treasuries have been taking a beating and we were staring down a situation where tariff proceeds would be used to fund higher borrowing costs created by the tariffs themselves. And maybe a situation where the fed would have to buy treasuries to stabilize rates.

The stock market stuff can get dodgy but if you truly believe in the tariffs you can stomach it as short term. I think the rates issue was totally unexpected and so not surprising they backed off after that materialized vs how they held course when stocks were falling.

With that backdrop…so far I don’t see today as achieving anything except avoiding worse fallout. Hence my earlier post: are we now just negotiating with less leverage since counterparties have seen we’ll backdown from a tipping point?
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rather odd....its not less leverage...they have come begging for deals....who do you think has leverage right now take your blinders off
 
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Barnaby&Neill

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bac2therac said:
rather odd....its not less leverage...they have come begging for deals....who do you think has leverage right now take your blinders off
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Of course they want to make a deal and trade with us, but if our negotiating position is weakened, the terms of said deal fluctuate in favor of the other party.
 
Caliknight

Caliknight

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A certain segment of our society refuses to understand that America holds the cards and they are being played. It's shocking to see people having such a hard time grasping this concept.
 
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rutgersdave

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The sharp move upward in markets came after Trump paused many tariffs but kept 10% baseline duties in place that came into effect last weekend for all countries.

That baseline does not apply to Mexico or Canada, which still face a separate set of duties related to fentanyl. Separate industry-specific tariffs on steel, aluminum, autos also remain unchanged.

Read more: The latest news and updates on Trump's tariffs

The president's pause of "reciprocal" tariffs has one notable exception: China. Trump announced he would be unilaterally raising the rate on China further to 125% because of "the lack of respect that China has shown."


Still a lot of negotiations necessary. This pause was for the stock market but the 10% tariffs will be felt by US citizens which will see the increase in inflation.
 
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Barnaby&Neill

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bac2therac said:
are you dense that this is about China
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If this is solely about China then we’ve stabilized our position to more broadly hold firm on China…but then what did we accomplish today except undo some unnecessary damage from the last week that destabilized our position in the first place? And indicate to other trade partners that in 90 days we may or may not be able to stomach throwing down the gauntlet again because the knock on effects proved too much this time around.

I don’t think anything particularly bad or good happened. We played brinksmanship, had a lot of volatility, then we backed off to avert a crisis, and it’s unclear there’s any benefit from the approach.
 
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vkj91

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RU848789 said:
That assumed Trump didn't back off. I've said multiple times that if he postponed the reciprocal portion of the tariffs by 90 days (like many thought he had done on Monday, leading to a huge spike up), the markets would jump right back up and they did, today, immediately after he announced that. Insider trading with the whole country, lol.
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And anybody who isn’t a moron or suffer TDS knew the longer it went on the better chance he’d do it. He’s too much of a narcissist not to.
 
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BIGRUBIGDBIGredmachine

BIGRUBIGDBIGredmachine

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rutgersdave said:
Did my tally, selling high in Feb and buying as the market was going down, nice day today. Now at $64k from my all time highs. Another day like today, will recoup everything. Hope everyone is close to their all time highs.
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RUPete

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Barnaby&Neill said:
If this is solely about China then we’ve stabilized our position to more broadly hold firm on China…but then what did we accomplish today except undo some unnecessary damage from the last week that destabilized our position in the first place? And indicate to other trade partners that in 90 days we may or may not be able to stomach throwing down the gauntlet again because the knock on effects proved too much this time around.

I don’t think anything particularly bad or good happened. We played brinksmanship, had a lot of volatility, then we backed off to avert a crisis, and it’s unclear there’s any benefit from the approach.
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You have the most sensible posts in what has devolved into a football or basketball game thread.
 
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rutgersdave

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WhichReligionIsRight said:
Another day like today? I could live without these wild gyrations.
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A day that goes up not down. However, I think when people see what actually happens, the markets will go down again . Trump still wants 10% tariffs for all countries, the rest of the countries didn’t agree with the 10% or any tariffs, still got to negotiate will all the countries. US people will have to pay for the tariffs or tax.

This is all to get the tax cut extension which cost $4.5 trillion. They can only get a couple of billions cut with Musk cuts but they need revenue from the 10% tariffs on all imports. He also wants to cut taxes for tips. He doesn’t care about the budget cuts or tariffs, he only cares about the tax cut extension.
 
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Caliknight

Caliknight

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rutgersdave said:
A day that goes up not down. However, I think when people see what actually happens, the markets will go down again . Trump still wants 10% tariffs for all countries, the rest of the countries didn’t agree with the 10% or any tariffs, still got to negotiate will all the countries. US people will have to pay for the tariffs or tax.

This is all to get the tax cut extension which cost $4.5 trillion. They can only get a couple of billions cut with Musk cuts but they need revenue from the 10% tariffs on all imports. He also wants to cut taxes for tips. He doesn’t care about the budget cuts or tariffs, he only cares about the tax cut extension.
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A couple of billion? Are you high?

They are far over that nearing half a trillion if not more
 
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rutgersdave

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Caliknight said:
A couple of billion? Are you high?

They are far over that nearing half a trillion if not more
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Well, I guess I would be a big Trump supporter like you and VK91 if I owned a business and got the extra 20% tax deduction but everybody didn’t get it. It’s in your best interest to get that tax cut extension. Maybe BAc also gets the tax cut for cutting lawns.
 
bac2therac

bac2therac

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rutgersdave said:
Well, I guess I would be a big Trump supporter like you and VK91 if I owned a business and got the extra 20% tax deduction but everybody didn’t get it. It’s in your best interest to get that tax cut extension. Maybe BAc also gets the tax cut for cutting lawns.
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Competion is thinning out this lawn season
 
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