The Nation's Financial Condition
Re: The Nation's Financial Condition
It has been proven a hundred times that the surest way to the heart of any man, black or white, honest or dishonest, is through justice and fairness.
Charles Francis "Socker" Coe, Esq
Charles Francis "Socker" Coe, Esq
Re: The Nation's Financial Condition
Making America not so great. For those who think the world can't function without us.
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Re: The Nation's Financial Condition
Odd, it's almost as if started multiple fake Trade Wars intended to impress Trump's base has negative side effects.
Personally? I think "we need to be patient", continue to move forward with no plan whatsoever, and hope that the remainder of of America's farmers don't kill themselves while we sit around and do nothing about the actual problems with China.
Neat. Gee. Didn't see this coming.
Maybe we should use a stimulus package with those tax cuts that "paid for themselves".....right?
Personally? I think "we need to be patient", continue to move forward with no plan whatsoever, and hope that the remainder of of America's farmers don't kill themselves while we sit around and do nothing about the actual problems with China.
Neat. Gee. Didn't see this coming.
Maybe we should use a stimulus package with those tax cuts that "paid for themselves".....right?
Re: The Nation's Financial Condition
STAND AGAINST FASCISM
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Re: The Nation's Financial Condition
Some different views -Peter Brown wrote: ↑Tue Oct 29, 2019 2:24 pm Going to be very difficult to beat Trump with this happening.
https://www.marketwatch.com/story/the-s ... =home-page
Going to be impossible to beat Trump if the Democrats nominate Elizabeth Warren, who promises to reverse the above link.
Bleak decade ahead for stock and bond returns, warns Morgan Stanley
“We expect U.S. stocks and U.S. Treasurys to see [returns of] 4.9% and 2.8% each year, respectively, over the next decade, driving expected returns for a traditional 60/40 equity/bond USD portfolio close to a century low,” said a team of the bank’s strategists, including Serena Tang and Andrew Sheets, in a note to clients on Sunday.
Bank of America declares ‘the end of the 60-40’ standard portfolio
“The challenge for investors today is that both of those benefits from bonds, diversification and risk reduction, seem to be weakening, and this is happening at a time when positioning in many fixed-income sectors is incredibly crowded, making bonds more vulnerable to sharp, sudden selloffs when active managers rebalance,” the authors wrote.
“The core premise of every 60/40 portfolio is that bonds can hedge against risks to growth and equities can hedge against inflation; their returns are negatively correlated,” Woodard and Harris added. “But this assumption was only true over the past two decades and was mostly false over the prior 65 years. The big risk is that the correlation could flip, and now the longest period of negative correlation in history is coming to an end as policy makers jolt markets with attempts to boost growth.”
- ChairmanOfTheBoard
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Re: The Nation's Financial Condition
curious to hear what you guys think about the past week and the near future... seems like markets have calmed a bit, and lately, just keep going up.
of course, fed pumping, lower rates, etc.
and then this- the possibility that the US and China may bilaterally start removing tariffs incrementally. https://www.bnnbloomberg.ca/china-says- ... -1.1344334
while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
of course, fed pumping, lower rates, etc.
and then this- the possibility that the US and China may bilaterally start removing tariffs incrementally. https://www.bnnbloomberg.ca/china-says- ... -1.1344334
while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
There are 29,413,039 corporations in America; but only one Chairman of the Board.
Re: The Nation's Financial Condition
The question is, how much in sales did we give up to pickup the $7 billion in tariff charges, how much did US companies pay in tariffs. Is that $7 billion more than the lost sales + the tariffs paid by US companies?ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 9:17 am curious to hear what you guys think about the past week and the near future... seems like markets have calmed a bit, and lately, just keep going up.
of course, fed pumping, lower rates, etc.
and then this- the possibility that the US and China may bilaterally start removing tariffs incrementally. https://www.bnnbloomberg.ca/china-says- ... -1.1344334
while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
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- ChairmanOfTheBoard
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Re: The Nation's Financial Condition
i was thinking along the same lines- and my answer (in my head at least) was "offset by potential job creation". hard to quantify, at best.jhu72 wrote: ↑Thu Nov 07, 2019 9:25 amThe question is, how much in sales did we give up to pickup the $7 billion in tariff charges, how much did US companies pay in tariffs. Is that $7 billion more than the lost sales + the tariffs paid by US companies?ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 9:17 am curious to hear what you guys think about the past week and the near future... seems like markets have calmed a bit, and lately, just keep going up.
of course, fed pumping, lower rates, etc.
and then this- the possibility that the US and China may bilaterally start removing tariffs incrementally. https://www.bnnbloomberg.ca/china-says- ... -1.1344334
while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
the 11 year run has to end sometime...
There are 29,413,039 corporations in America; but only one Chairman of the Board.
Re: The Nation's Financial Condition
Yes. It's collected that money from US citizens and business owners like me.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 9:17 am while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
And to what end?
- ChairmanOfTheBoard
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Re: The Nation's Financial Condition
same as above- hard to quantify. even if you could put an exact # on job creation (and who believes the words coming from an elected officials mouth), how could you attribute to tariffs, versus those that were being created anyway?
There are 29,413,039 corporations in America; but only one Chairman of the Board.
Re: The Nation's Financial Condition
Ah, that is correct. My formula is wrong. Brain fart.a fan wrote: ↑Thu Nov 07, 2019 10:02 amYes. It's collected that money from US citizens and business owners like me.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 9:17 am while the tariffs have certainly caused some bad days in markets- this says september alone collected $7b, up 9% from august. https://www.wsj.com/articles/u-s-collec ... 1573052402
And to what end?
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Re: The Nation's Financial Condition
Yes. As I said would happen. All this pointless economic damage so that Trumpy can look tough to his fans. And it worked like a charm. Posters here were impressedChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 9:17 am curious to hear what you guys think about the past week and the near future... seems like markets have calmed a bit, and lately, just keep going up.
of course, fed pumping, lower rates, etc.
and then this- the possibility that the US and China may bilaterally start removing tariffs incrementally. https://www.bnnbloomberg.ca/china-says- ... -1.1344334
I'd love to hear from those who were fans of this strategy: what message did Trump just send the Chinese if he simply removes the tariffs with no meaningful concessions?
That's right folks. Trump just made the situation worse.
Re: The Nation's Financial Condition
You're forgetting that China and the EU are levying tariffs, too......and what's happening to American exports overseas because of this nonsense.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 10:03 am same as above- hard to quantify. even if you could put an exact # on job creation (and who believes the words coming from an elected officials mouth), how could you attribute to tariffs, versus those that were being created anyway?
Jack Daniel's sales dropped by more than 21% in the EU, for example.
This has cost us billions.
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Re: The Nation's Financial Condition
Goldman did a report that showed an increase of 3% of those products impacted by tarrifs, while those products that have not faced tariffs have decline 1%.
https://www.wsj.com/articles/despite-re ... cle_inlineBoth concluded that although tariffs are formally assessed on U.S. importers when they bring in goods from foreign countries, the costs are passed on almost entirely to consumers.
- ChairmanOfTheBoard
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Re: The Nation's Financial Condition
ohh i didnt forget.... in fact, it's why i posted this to begin with! the discussion is bilateral. though, just a "discussion" at this point.a fan wrote: ↑Thu Nov 07, 2019 10:07 amYou're forgetting that China and the EU are levying tariffs, too......and what's happening to American exports overseas because of this nonsense.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 10:03 am same as above- hard to quantify. even if you could put an exact # on job creation (and who believes the words coming from an elected officials mouth), how could you attribute to tariffs, versus those that were being created anyway?
Jack Daniel's sales dropped by more than 21% in the EU, for example.
This has cost us billions.
well, let's see if bilateral actually happens. DJ Trump has a way of turning things he touches into ___.
There are 29,413,039 corporations in America; but only one Chairman of the Board.
- MDlaxfan76
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Re: The Nation's Financial Condition
The political calculation the Trump folks have to be considering is whether the costs/risks of the tariffs will weigh the economy down so much over the next year that it hurts the economic argument for continuing with Trump, particularly in those states and industries being hurt the most by the trade 'war' or whether that's a risk worth taking in order to maintain "we're standing up to China" political benefits.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 10:44 amohh i didnt forget.... in fact, it's why i posted this to begin with! the discussion is bilateral. though, just a "discussion" at this point.a fan wrote: ↑Thu Nov 07, 2019 10:07 amYou're forgetting that China and the EU are levying tariffs, too......and what's happening to American exports overseas because of this nonsense.ChairmanOfTheBoard wrote: ↑Thu Nov 07, 2019 10:03 am same as above- hard to quantify. even if you could put an exact # on job creation (and who believes the words coming from an elected officials mouth), how could you attribute to tariffs, versus those that were being created anyway?
Jack Daniel's sales dropped by more than 21% in the EU, for example.
This has cost us billions.
well, let's see if bilateral actually happens. DJ Trump has a way of turning things he touches into ___.
My hunch is that the Trump folks are concluding that the economic risks/costs are too great and they'll 'declare victory' with whatever China provides for 'face saving', if anything. They'll claim they are still 'standing up to China' and the base will buy it. "At least Trump fights for us, no one else does".
Baloney, but that's the politics.
- ChairmanOfTheBoard
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Re: The Nation's Financial Condition
this is exactly what im saying. yes.
There are 29,413,039 corporations in America; but only one Chairman of the Board.
Re: The Nation's Financial Condition
Same thing I said would happen from day one.
Of course, China has to be willing to give Trump his Pyrrhic victory.
If I was them? I'd hit us with more tariffs. I guess that depends on whether or not they want Trump for another 4 years.
Of course, China has to be willing to give Trump his Pyrrhic victory.
If I was them? I'd hit us with more tariffs. I guess that depends on whether or not they want Trump for another 4 years.