irvinebullhousing
Well-known member
Ahh, gotta love TRUMP for the great tarriffs and what its doing to the stock market. Let's see how low it will go this time.
https://www.marketwatch.com/story/b...eoples-war-as-trend-tensions-mount-2019-05-14One editorial published by the Xinhua News Agency and the People?s Daily accused the U.S. of ?greed and arrogance,? explaining this is a ?people?s war? ? a phrase introduced by Mao Zedong to describe China?s fight the Japanese.
The piece didn?t call out Trump by name but did say ?the trade war in the United States is strongly advocated by one person and one team.?
The rhetoric has also been amplified across state TV, where CCTV anchor Kang Hui, according to CNN, said China would ?fight for a new world,? and that ?there?s nothing we haven?t seen before.?
irvinehomeowner said:It would be awesome if Mexico became a major manufacturing country... but then Trump will wall them off.![]()
Compressed-Village said:irvinehomeowner said:It would be awesome if Mexico became a major manufacturing country... but then Trump will wall them off.![]()
Wall not tall enough, they just throw, jump and pump over. Problem solved.
qwerty said:This another chance to buy. The world was coming to end in q418, markets were down about 20%, four/five months later back at all time highs. Just keep buying S&P etfs and you will make easy money.
Fed will never raise rates again. Mortgage rates will stay in current range for a long time, may even go down. If things start to get bleak with economic numbers fed may actually cut rates and markets will just go up.
The market is the only game in town if you want to make more than 2-3%.
morekaos said:See, I told you this line would get resurrected.
"The old arguments of previous cycles like "sure, the economy is doing well...but not for everyone, people are being left behind." are back."
morekaos said:This is where tone and tenure makes a difference. Presidents inherit the economy they inherit. If there was some magical button in the back of the Oval office that creates growth then every president would be pushing it every day. Where a President has influence is in Tax and regulatory policy. He sets the tone. No, denying it, Obama had job growth and expansion but by raising taxes and pushing massive regulation he muted the reaction from business. He got expansion but it always seemed anemic and agonizingly slow (the new normal). Obama was injected in to all areas of the economy. Energy, manufacturing, banking and services. In essence he poured water on his expansion. This guy is different in his style. He is pouring Gas on the fire through lower taxes and slashing regulation. The tone to business is different and they are not shy about it. You can argue the micro numbers all you want but that little change makes a difference in strategic decision making. Now, will there be a recession? Of course, but it will be more like ones we have had in the past. Sharp and fairly short. You cannot argue we are not in more "normal" cycles now. Look at what they are comparing these numbers to. Numbers not seen since the 60's, 70's, 80's and 90's....not 2000's. The old arguments of previous cycles like "sure, the economy is doing well...but not for everyone, people are being left behind." are back. This is more like the Reagan expansion, watch, I guarantee you that we will see the "Morning in America" commercial again.
https://youtu.be/EU-IBF8nwSY
https://youtu.be/EU-IBF8nwSY
morekaos said:I like Target at $55. 11PE. 4.3% dividend. Whats not to like?
morekaos said:In the stock picking thread at $55
morekaos said:I like Target at $55. 11PE. 4.3% dividend. Whats not to like?
morekaos said: