Next thing you’re going to tell me is that I need to pay my fair share with higher taxes.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
I saw "Panicans" today and its funny.
China is more serious issue because they've been playing the "unrestricted warfare" economic card for a long time and the fury behind the mask is showing. Practically nobody knew China declared a "People's War" vs US in 2019 after US had used tariffs. DT pulls out a Smith & Wesson vs China's four aces and it freaked them out. After 2019 declaration we got CV-19 a few months later.
Bessant just said China is making a mistake fighting tariff's now because they have a weak hand - "a pair of 2s" lol. China could get crazy. Xi will need a distraction. When Pelosi went to Taiwan they freaked-out and had the military launch a lot of missiles - but into the ocean (ridiculed as "Operation Fisk Kill" - see linked vid for rockets)
One of best videos about current China and CCP
Chinese media calls for ‘people’s war’ as US trade war heats up
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no, just pointing out blatant hypocristy going on vis a vis main street interests vs wall street interests. Oh the horror I am temporarily losing some money and im going to cry about it like Veruca even though its there for retirement and will be replenished anyhow. Instead lets reject all measures to try and reform what has been kicked down the road for decades because well we do not like the guy doing it
without trying to start a huge crypto debate, anyone find it odd that BTC still around $80K+|-? It traded down with the market panic although struggled prior to the tariff announcement. Hasn’t rebounded today with the market. So it Doesn’t act like a safe haven like gold. Sometimes trades with market …sometimes it doesn’t. About the only thing it’s really proven is that people will rush to buy it on speculation/FOMO when overall markets are humming.
No one really knows what they are up to. That’s why it’s swinging so wildly, heavy hedging, might swing 2k in each direction every day this week and go into the weekend even with last Friday…
true...everyone has every right to be greedy and want the most and this is a great thread for insights to help people out. That being said its humorous to watch chicken little news narratives and earlier postings here. Just sayin
You should not be going there with the lying comment. Bless your heart.
Of course...there's really not much comparable at all to today's worldwide conditions vs. early 1930s.
I never like to lose money or ever like a down market, I’m a capitalist. I don’t like to work but I have to make money somehow. Just got back from lunch, let’s see where we’re at with the markets.
Sold some more UNH brought at.$450- $470 sold $560 and $550. Nice I’ll buy it back when it drops. Tomorrow back down but they better settle some tariffs this week or down 10% more by Friday.
OT: Stock and Investment Talk
Wow, UNHdown to $452 still brought some more.- rutgersdave
- Post #33,604
- Feb 21, 2025
- Forum: Rutgers Football
OT: Stock and Investment Talk
Brought some at $452 but also $499 from the day before but most of my dividend stocks did well. I’ll be happy if UNHends up $520 in a couple of months or $550. Glad I got out of most of the Tech stocks at their highs. That’s why you need to hold cash sometimes for buying opportunities. On...- rutgersdave
- Post #33,620
- Feb 21, 2025
- Forum: Rutgers Football
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Love the market when you’re on the right side of the trade. I know no one can time the market.
Mexican President Claudia Sheinbaum said on Tuesday that the majority of automobile executives with plants in Mexico have said that, as of now, they have no plans to move their factories.
"I have personally spoken with many of the CEOs and global managers of several of the auto companies to find out what they are thinking about the future...Most of them have told us that they do not plan to change anything at this time," the president said during her regular morning news conference.
Mexico, which ships nearly 80% of its exports to the United States, was not included on Trump's list of global, across-the-board tariffs announced on nations last week.
But Mexico is still subject to Trump's previously imposed tariffs of 25% on steel, aluminum and automobiles, as well as on goods that do not comply with the regional USMCA trade pact.
Wild ride today. My guess is this is the start of the next leg down.
Which ultimately will end with the start of the new leg up
10 year treasury yield rates are up by another 11 basis points, doesn't seem like the fed is going to want to lower rates anytime soon. It's going to be a very volatile week, especially if negotiations with Japan go nowhere.
There is a tangible fear that China may up the ante by divesting US treasuries.
The dead cat has stopped bouncing
I hope the tariffs are solved by the end of this week or watch out below.
Decided to sell all UNH, brought some CVX but will buy more when further down, 1-3 days from now.
Every imbecile does well in a rising market. There have been remarkable historical returns coming out of the financial crisis since 2009. Many people now think that they are good investors and can beat the market averages. Hog wash. It is extremely likely that the equity returns over the next decade, 20 years, will be much lower than the past 20 years. Almost certain. I'd bet that with high confidence. Could we go flat for a decade? Given the outsized returns since 2009, highly probable. Factoring inflation, going flat is a large loss.
Good luck.
Good luck.
Evidently it's a strategy that's not working out. There is no scenario where the Fed can afford to lower rates in this environment. Treasury yields are rising, and tariffs will invariably introduce inflationary pressure.
And nearly every economist forecasted what tariffs would do to equities last October/November.
Been stuck in meetings most of the day. Had the chance to dump my remaining small cap ETF (VB) from our largest account. Reallocated the money into the other holdings (funds and ETFs).
Will have to check out my personal account in extended for any buying.