that would do it..90 day pause in the reciprocal tariffs (except for China) being proposed by Trump according to Hassett, which is likely why we're seeing the bounce.
China's always been the primary target, the other trade partner issues are important, but isolating Red China is the 9,000 ton gorilla in the room.that would do it..
Right…save $0.30 at the pump while trillions lost from retirement accounts.Oil prices plummeting! More winning!
CNBC still searching for a source of the supposed Hassett comment and the funny thing is there are sources already attributing the Hassett comments to CNBC. Fast moving news is often inaccurate. Somebody's making money on these huge variances.that would do it..
It always amazes me when people do not consider that in any formula comparing data.That's reasonable as well. Based on per capita or GDP per capita we have a massive trade surplus with Canada and Mexico (not the other way around).
well a couple of counter points. For the majority that are not using those funds and have years to recover the injection of weekly cash (especially the lower income workers, folks without those accounts and business' using it) will get a nice break. And as I hope you knew. it is not just gas. Oil is in EVERYTHING and would help offset so called "tariff inflation" some.Right…save $0.30 at the pump while trillions lost from retirement accounts.
Care to elaborate? Seems like your position is tariffs are good, but if tariffs get paused and the market rips that’s also good. So please educate folks what we are missing?Clueless Smoot-Hawley comp again lol...stay in your lane.
That happened to me too and it also cost me some some NJ Tax rebates for a couple of years too (I didn't do it 1 times like you but less over a couple of years). Law of unintended consequences.Not just tax but it also affects your Medicare premium. I converted a Traditional to Roth IRA in 2023 which almost tripled my taxable income for the year even though I never saw a dime of it and it cost a lot in income tax. I turned 65 the end of 2024 and signed up for Medicare. I then got a notice that because of my "high income" in 2023, my Medicare premium for 2025 had also tripled. Fortunately, it's only for one year and then my premium will re-adjust using my 2024 salary.
He simply argues against anything I post - no analysis, no knowledge, just childish knee jerk reactions. This market implosion will continue if there isn't either significant concessions from many countries or significant reductions by the US or both, as the original proposal from last week was just foolish if it is retained, as the combined proposed tariffs were so far beyond anything seen in decades, only rivaled by the 1930's Smoot-Hawley tariffs, which were disastrous. The fact that a rumor of a postponement in the reciprocal portion of the tariff increases (the huge part vs the 10% across the board part, which is large, but not insane) spurred such a huge fast rally is proof that that's what the markets want to see.Care to elaborate? Seems like your position is tariffs are good, but if tariffs get paused and the market rips that’s also good. So please educate folks what we are missing?
I wouldn't have a loss sale or wash sale since both are in a Roth account. I have a significant amount of shares in both so although that strategy sounds interesting, if either stock moves down a few cents during the trades, it would probably offset any div gains that we're shooting for. In any event, I'm very, very happy with the income and would avoid any manipulation.hey @ScarletNut
A non-tariff crazy time question for you. Regarding those Div equities you (we both) have....just throwing a thought out there and wondering if you ever considered doing during more NORMAL stable times between JEPI and NHS.
Since JEPIs hold day for the Div is beginning of month and NHS is mid-month... moving money back and forth between them to capture and max BOTH divs each month.
I know there would be loss risk and certainly Wash sale potential and why I said during normal stable times when they move little day to day.
Thoughts?
I don't know how old you are but you're obviously not a student of history. Different time, different people but history has a tendency to repeat itself, so your "stay in your lane" comment just means you have blinders on and don't know a thing about history.Clueless Smoot-Hawley comp again lol...stay in your lane.
He’s close enough to the admin to make me think there’s some consensus for this opinion….
I'm mostly in T2K's camp on the current tariff debate, go back and catch-up. Can't believe NimbersSan luvs so much abuse, but to be fair he's well behind the curve re: economics and finance, evidenced again by his lack of understanding the Smoot-Hawley background I already posted for him.Care to elaborate? Seems like your position is tariffs are good, but if tariffs get paused and the market rips that’s also good. So please educate folks what we are missing?He simply argues against anything I post - no analysis, no knowledge, just childish knee jerk reactions. This market implosion will continue if there isn't either significant concessions from many countries or significant reductions by the US or both, as the original proposal from last week was just foolish if it is retained, as the combined proposed tariffs were so far beyond anything seen in decades, only rivaled by the 1930's Smoot-Hawley tariffs, which were disastrous. The fact that a rumor of a postponement in the reciprocal portion of the tariff increases (the huge part vs the 10% across the board part, which is large, but not insane) spurred such a huge fast rally is proof that that's what the markets want to see.
yes, although we've taken a good hit (especially NHS) everything is getting hit and like you I'm not worried about the basis... it will come back and it is there to produce monthly income.I wouldn't have a loss sale or wash sale since both are in a Roth account. I have a significant amount of shares in both so although that strategy sounds interesting, if either stock moves down a few cents during the trades, it would probably offset any div gains that we're shooting for. In any event, I'm very, very happy with the income and would avoid any manipulation.
Navarro was clear on CNBC's Squawk this morning that the Admin knows Chiner is using Vietnam to cheat on trade.Trump brings the hammer against China with a steep escalation of 50% additional tariffs, but gives an olive branch on the EU.
The strategy will eventually pivot to isolating and cutting out China and possibly Vietnam, both single party communist dictatorships. We will see. If that is the outcome I’d think markets will ease volatility now that there is clarity.
lulZ totally incorrect. But go ahead and argue against Milton Friedman and Ben Bernanke about what caused the Great Depression.I don't know how old you are but you're obviously not a student of history. Different time, different people but history has a tendency to repeat itself, so your "stay in your lane" comment just means you have blinders on and don't know a thing about history.
I understand. Its pretty common for dividend stocks to drop right after the dividend is distributed, so your timing needs to be immaculate.yes, although we've taken a good hit (especially NHS) everything is getting hit and like you I'm not worried about the basis... it will come back and it is there to produce monthly income.
But what I meant is say you sold $100k NHS on April 17 and bought JEPI to hold on May 1 to get that Div. Then you go to re-purchase NHS but price has gone up..you can only buy fewer shares so you div goes down. That's the loss. And if the share price drops while holding before you sell to flip it. That's the other loss. Would only work in a very stable situation. Again NOW WAY in this environment but I may "play around" with that in the future with a small test amount. The future currently being anywhere from a year to 10 lol.
Could be like herding cats too .
I hope you're right.Trump brings the hammer against China with a steep escalation of 50% additional tariffs, but gives an olive branch on the EU.
The strategy will eventually pivot to isolating and cutting out China and possibly Vietnam, both single party communist dictatorships. We will see. If that is the outcome I’d think markets will ease volatility now that there is clarity.
You mean after the ex-dividend date, right?I understand. Its pretty common for dividend stocks to drop right after the dividend is distributed, so your timing needs to be immaculate.
yes my bad.You mean after the ex-dividend date, right?
Different underlying economic situations worldwide. If this tariff situation is indeed short term then I do expect a bounce back although there may be some gun shyness amongst retail investors.lulZ totally incorrect. But go ahead and argue against Milton Friedman and Ben Bernanke about what caused the Great Depression.
Zero for zero is exactly what Europe wants because they aren’t going to be forced to buy US goods. Trump wonders why Europe doesn't buy US cars. Most on the board don’t buy US cars, I brought one 50 years ago. They want to reduce the trade deficit.Zero for zero is a loss for US.
Zero for zero is a big win for the US since it gives the admin the cover to declare victory and end of fight with those countries. At the end of the day, China is the only bad trade actor that is hurting us.Zero for zero is a loss for US.
He could have just directed everything against China because he isn’t get anything from the other countries.Zero for zero is a big win for the US since it gives the admin the cover to declare victory and end of fight with those countries. At the end of the day, China is the only bad trade actor that is hurting us.