Tariffs announcement and impact on stock market

Jamie

Asian markets are taking a hit - could have a bit of a Bolton effect also.



South

We can't take any more of this winning. 


yahooyahoo

Trump has no clue when it comes to basic economics.


Kim

Does he have a clue about anything relevant to the job he is in?

yahooyahoo said:

Trump has no clue when it comes to basic economics.



Jamie

especially trade deficits.   ohh 


tjohn

It's just show business for Trump.  We are mistaken in thinking that he cares about much more than the day's headlines.


Dave

If the news media would have a Trump blackout period of a week, I think he'd resign or explode.  Unfortunately they are co-dependent.


cramer

Trump is now set for war on three fronts: political vs. Mueller, economic vs. China, and actual vs. North Korea and/or Iran. 


basil


cramer said:

Trump is now set for war on three fronts: political vs. Mueller, economic vs. China, and actual vs. North Korea and/or Iran. 

He likes it that way. The more chaos the better for him. It all distracts from the fact that at the end of the day he is just another BS artist.


yahooyahoo

You should note your source on that quote.

cramer said:

Trump is now set for war on three fronts: political vs. Mueller, economic vs. China, and actual vs. North Korea and/or Iran. 



cramer


yahooyahoo said:

You should note your source on that quote.
cramer said:

Trump is now set for war on three fronts: political vs. Mueller, economic vs. China, and actual vs. North Korea and/or Iran. 

" is now set for war on 3 fronts: political vs Bob Mueller, economic vs China/others on trade, and actual vs. Iran and/or North Korea. This is the most perilous moment in modern American history-and it has been largely brought about by ourselves, not by events."

https://twitter.com/RichardHaass/status/977129154788364288

 



bub

My guess is China is going to make some concessions.  They may or my not be significant but thy will allow Trump to say "I won" and avoid the chaos of a real trade war.    


LOST


cramer said:



yahooyahoo said:

You should note your source on that quote.
cramer said:

Trump is now set for war on three fronts: political vs. Mueller, economic vs. China, and actual vs. North Korea and/or Iran. 

" is now set for war on 3 fronts: political vs Bob Mueller, economic vs China/others on trade, and actual vs. Iran and/or North Korea. This is the most perilous moment in modern American history-and it has been largely brought about by ourselves, not by events."

https://twitter.com/RichardHaass/status/977129154788364288


 

Wrong. Four fronts. He forgot Judicial. Clifford a.k.a. Daniels v. Trump a.k.a Denisen


mrincredible

Wow if someone knew what Trump was going to do in advance they could make a killing off these market swings. 


bub

Can one of you smart market guys explains these wild swings that have been happening for a while?


cramer

U.S. Steel at 52- week low. Tariffs making America Great Again. 


John

Gas is due to increase by about .25 per gallon. Trump is cutting off Iran oil and this will affect prices at the pump. I believe this will start around Nov. 19th. 


More winning for us to enjoy.


FilmCarp

Despite Trump, cutting off Iranian oil is a good thing.  Instead of giving our money to a theocracy let's drive more efficient cars.  We should cut off Saudi Arabia, too.


BG9
FilmCarp said:
Despite Trump, cutting off Iranian oil is a good thing.  Instead of giving our money to a theocracy let's drive more efficient cars.  We should cut off Saudi Arabia, too.

 Will we be driving more efficient cars? Or will we be enriching other oil supplier, such as domestic oil and Putin's Russia?


cramer

Guess what stock has been cut in half since tariff talks began.

1year Time Series Chart: lowest price: 22.71 highest price: 47.64


tjohn

US Steel.

And now Trump is going to tell Mary Barra how to run GM.


joanne
tjohn said:
US Steel.
And now Trump is going to tell Mary Barra how to run GM.

 Well, he’s telling May how to run Brexit. What else do you expect?


apple44

GM is one of the few large companies with women in both the CEO and CFO roles. Of course Trump and his supporters will believe they need some mansplaining.

Does it matter? He and his base will find someone else to blame and shift attention to another problem they decide is more urgent - the "caravan" always is a good one. Some if not many of his supporters have said that "immigrants" are the issue most important to them.


tjohn
apple44 said:
GM is one of the few large companies with women in both the CEO and CFO roles. Of course Trump and his supporters will believe they need some mansplaining.
Does it matter? He and his base will find someone else to blame and shift attention to another problem they decide is more urgent - the "caravan" always is a good one. Some if not many of his supporters have said that "immigrants" are the issue most important to them.

 https://www.cnn.com/2018/11/27/business/gm-trump-subsidies/index.html

And the beatings shall continue until morale improves.


joanne

Read a lovely article on the irony of the new tariffs on Apple, while Tim Cook and Ivanka are promoting an Apple ConnectEd project in Idaho (in Wilder School District?).

Seems like one hand of govt doesn’t know what the other is doing.


yahooyahoo
joanne said:
Read a lovely article on the irony of the new tariffs on Apple, while Tim Cook and Ivanka are promoting an Apple ConnectEd project in Idaho (in Wilder School District?).
Seems like one hand of govt doesn’t know what the other is doing.

Trump doesn't even understand how tariffs work.  He thinks China is paying for the tariffs that Trump imposed on imported goods.  The dope doesn't realize the U.S. consumer is paying for these tariffs in the end.


ml1
yahooyahoo said:


joanne said:
Read a lovely article on the irony of the new tariffs on Apple, while Tim Cook and Ivanka are promoting an Apple ConnectEd project in Idaho (in Wilder School District?).
Seems like one hand of govt doesn’t know what the other is doing.
Trump doesn't even understand how tariffs work.  He thinks China is paying for the tariffs that Trump imposed on imported goods.  The dope doesn't realize the U.S. consumer is paying for these tariffs in the end.

 he might be getting that from his idiot economic advisors.  At least one of them was on record claiming that a VAT was a tariff. None of them seem to know the most basic definitions regarding trade. 


basil

Ant Man! (tiny hands)



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