How about that stock market!

  • Thread starter Thread starter Tonelover
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The Blazing Saddle said:
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I'm totally on deck with Kevin here and I normally never am.


If the Chinese don't want to play by the rules or balanced trade then I don't wish them ill will but America needs to watch it's interest and everything must be done to change that behavior. 400% Tariffs, Sanctions or whatever is disposable in the Presidents tool kit.


Whatever it takes because they aren't playing by the rules, never have been and never will unless something is done and look no further than Chinas "National Team", stock and currency manipulation amongst other sheisty things they do nvm the trade inbalance.
 
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Secretary Bessent on how Chinas tariffs are stupid and only hurt their economy more than it hurts ours. We buy 5 times more from them than they buy from us so if they want to keep this up they depend on our economy a whole lot more than we depend on theirs.

Pretty much their Tariffs on us do nothing and don't hurt us as much as ours hurts them and the market reflects that given the Dow didn't go down today despite Chinas tariffs. "They can raise their tariffs but SO WHAT"........

Their economy is practically 100% dependent on US consumers and US markets, without them the "National Team" can't keep up whatever it's been doing forever and those Chinese levees holding back the financial waters/hurricane wont hold forever either.....

Nvm they have weoponized Fentanyl and the Chinese are using it as a weapon on trade and American citizens. This isn't some Cartel or a petty drug lord doing it either, it's the Chinese Government and Communist Party in China doing it.


 
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America seems to have come out of nowhere with this one.......


It's time the Communist Party realize their fake, plastic, fluff and BS the "National Team" and their government has done for decades is over. Chinese "Capatalism" isn't real capitalism and it never has been and it is nothing compared to true and real American Capitalism........


As Bessent said regarding Chinese tariffs on the US...... "SO WHAT" and that is what the DOW and the markets say here.


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Holy crap, a jump of 2,000+? Hell yeah. Makes my Amazon and Apple stock go up.
 
BABMusic said:
Holy crap, a jump of 2,000+? Hell yeah. Makes my Amazon and Apple stock go up.
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As the President and Secretary Bessent said, hey it's not going to be pretty but don't panic.

The fundamentals of the Economy are strong, robust and resilient and they haven't been this strong ImO for sometime. The President knows what he's doing.


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There could be a good opportunity to buy gold stocks if they go down a little bit. In 3 months, are we going to be faced with another situation like this week?
 
Trump opens American Economy and Market to other countries and rest of the world but for some exceptions.....


And excludes China and denies them access to the Worlds Largest Economy/Market here in the US.


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Let's listen to Kevin put the "experts" in their place in full......


 
Also I mean JP Morgans numbers here IMO regarding "chances" of a recession really aren't based on rational and logical probability and more a reflection of consumer sentiment on the chances of a reccesion or the economy overall and most likely from a very basic pool and sample........


Also it's probably based on uncertainty models...


It's hard to explain but been here and done that in late 2021 to 2022 where many said the same thing about a recession due to Fed rate increases.....CEOs and companies all over America projected a reccesion then and were the ones preparing for one that never came....... yet when you looked at the fundamentals of the economy such as jobs numbers and unemployment numbers and other factors nothing really pointed to a recession....... and yeah it never came.


2021/2022 the chances of recession were higher than even now...... NVM the Phillies almost won the World Series in 2022 and when they win for some reason a reccesion happens such as in 2008 and 1980...... this ain't no 2021/2022 in either case as good as the Phillies are doing.....


It's just complete BS pretty much based on outdated uncertainty models that just mainly take consumer sentiment into account that really isn't rational or logical to begin with most of the time and ignores everything else that is logical and rational like the markets :dunno:


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And this is after Chinas 84% Tariff on the US.....


To which the US and US Treasury Secretary Bessent reply "SO WHAT".......


Good luck with the financial levees the National Team built around Hong Kong and Shanghai and let's see how long those will hold up and for how long....... let's see how strong Chinese "Capatalism" compares to true and real Capatalism in the West unleashed......


The US will impose a 104% Tariff on China in anycase regardles, excluding China from the worlds largest economy and close its umbrella to it and bring countries like Japan, Germany, India etc etc and others that want to make deals into the umbrella and give them access to this and the most powerful, strongest and largest economy in the world ^_^



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Winnie-the-Pooh must be shitting his pants right about now and if he ain't it will be the first thing Xi Jinping does when he wakes up in China this morning.....


This and dip into his bucket of honey after and shit into his pants some more or bucket of honey and eat it.....



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Problem with China is, most of their people are brainwashed into believing their government can do no wrong. It's a very different thing they have going on over there that is hard to get used to if you're from the US.
 
BABMusic said:
Problem with China is, most of their people are brainwashed into believing their government can do no wrong. It's a very different thing they have going on over there that is hard to get used to if you're from the US.
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I don't think so..... many people in China are actually very much aware of how corrupt the government is.

For example what the National Team does manipulating the market, Covid-19 Chinese style lockdowns and the Wu Han BS nvm the very open and disgusting nepotism or the very real real societal and social issues such as a huge unemployment amongst the youth and an aging population that isn't growing.....

The shrinking economy with no real signs of getting better beyond market manipulation by the National Team propping the economy up with fluff, toxic glitter and plastic trash/garbage.....


People in China aren't all Gung Ho about the Communist Party or as much as many would like to believe.
 
Honestly Navarro really comes of as a goddamn idiot most of the time and I don't like the way he says things a lot of the time but he's been next to The President steadfast this whole time....... and yeah he and The President really pulled off something not just amazing today but something truly extraordinary today.......



No one could have imagined this and it's pretty much a walk off win in the bottom of the 9th.......3 runs behind on the board, 2 outs with a 3-2 count and The President just hit grand slam to win Game 7 of the WS *_*



 
And you know with the Japanese Finance Minister Katsunobu Katō being first in line to negotiate, Japan probably had some input in striking this new deal and probably helped in the overall direction of this new deal as partners with the US in the direction of more balanced trade and to isolate China and their unwillingness to move to real balanced and real fair trade.


Aside from 0% reciprocal tariffs being on the table for some industries if not all maybe a reciprocal 5-10% discount or rebate could be worked out between both countries and others doing trade with one another at 0% reciprocal tarrifs in specific sectors and industries if not all where it makes sense for both countries....... multiplying earnings even more and the discounts could be offset by tax cuts.....


I mean a kind of whacky idea but worth considering and I don't see how markets wouldn't like that as much as they like this new deal.


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