Market reaction to Trump's China tariffs? DOW crashes over 700 points!!!

American economy under Trump...doing it his way...everything looks great...



https://www.zerohedge.com/news/2018-03-23/carnage-everywhere

 

1-communism by definition can still be a democracy, with a leader for life China can no longer be defined that way...now it's not even a one party state, it's crossed over into a dictatorship.
2-subjective I guess... poverty and an enormous population makes it difficult to progress...

 

Yes I have actually. Have you?

 

getting into a two front war has been proven never to be a good idea even if it's trade we're talking about...

 

You mean the one that flatlined in 2014 and went up when Trump was elected. Here's a better examination.

[/QUOTE]

 

[/QUOTE]
hmmm, it seems that curve upward began after Obama was elected and has continued that way ever since...

 

hmmm, it seems that curve upward began after Obama was elected and has continued that way ever since...[/QUOTE]

Yeah you mean it started going up in 2010 and stopped in 2014. It took 4 years for it to get back to where it was in 2007, in 2012.

That leaves about 2 years of growth of about 4000 points over those two years. Trump, even with recent losses, did 6000 points in a little over a year.

 

The fact is, the stock exchanges are unnaturally high to begin with. Many experts will tell us this. It will have to adjust at some point, downward. The only question is, how much, and how badly? Right?

I once lived in a time when the DOW reflected how well or badly americans, working people were doing as well as how well main street was doing. These days, it reflects how well the globalists are doing, in their profits and businesses. It no longer tells us how americans are doing economically. Except the 20 percent of stock investments that average people hold with their private sector retirement accounts. The upper class holds most of these investments. 80 percent of them the last time I heard it mentioned.

If a trade war would cause the US to bring back our consumer goods industries, I say, let it begin! If it would bring back service sector jobs offshored to places like India, in the long run this would benefit americans, who must work for their bread and butter.

Changing what our founders set up to create a strong and powerful nation was idiocy from the get go and destroyed basic economic common sense. That is, IF, the population in america has any importance, which of course we have found out, that indeed they have no importance at all. This slave labor globalism, which our founders rejected, is not what created the american empire or won ww2. It is not what saw the rise of the largest middle class in the history of the world either. Only one thing did that and the Founders set that up, and in place, for it was simple, common sense. And when other nations cheat on trade deals, they are using the principles set up by our founders. Ironic. They are looking out for their own industries, which they seem to think has importance. Even if they have to use non tariff trade barriers, as they do.

 

Nope, Obama's market picked in 2014 and stagnated for more than 2 years after that, till the moment Trump was elected, at which point it went into the stratosphere. While the market is giving back some as it always does after it goes too far too fast, it's still up healthy 30% or so on Trump's watch.

 

Yeah you mean it started going up in 2010 and stopped in 2014. It took 4 years for it to get back to where it was in 2007, in 2012.

That leaves about 2 years of growth of about 4000 points over those two years. Trump, even with recent losses, did 6000 points in a little over a year.[/QUOTE]
can you not read a simple graph???? the trend was down before Obama took office...his policies turned that around...and it's impossible for trump to introduce legislation to improve gains before he even took office, a trend that was put in place by the Obama administration..

 

no wonder the market is in turmoil your comprehension of it is as bad as trumps...

 

Notice how Trump never tweets about the stock market anymore?

 

Investors attempt to predict the future. So that increase that you saw is largely a reflection of the tax cuts that investors predicted would occur under Republican leadership. And now, they are predicting the impact from Trump's tariffs.

Now, you will probably want to note that Trump campaigned on both, so why didn't investors also factor in tariffs. Well, the reason is that tax cuts are a staple of Republican platform, but tariffs are not. Investors expected the former to actually occur and the later to disappear, especially with the appointment of Cohn as a chief economic adviser. Or, at the very least, investors predicted that Trump would not issue the tariffs in such a dramatic and dangerous fashion, wherein a trade war becomes a virtual certainty.

 

So much fail in just a few sentences.

Well it is impossible for Trump to introduce legislation but not for the reason you think.

Tell us more about the policies Obama used to make the stock market go up.

 

nah you can't read a graph, I hear often about the failings of american education but it still surprises me when I actually see evidence of it...clearly science and math weren't high on your agenda in school...

you made the claim of trumps magical stock market control, please humour everyone and tell us how he did this eight years before he took office

 

.....and the stock market is still 6000 points higher than it's ever been.

 

Maybe. Until Trump.

 

So you don't know, and no I never claimed Trump has magical stock market control, please learn to read.

You might also want to study up on who can propose legislation while you're at it.

 

Well then give us a list so we can compare. I notice you didn't want to include the one I provided in your response.

Here it is again in case you need to compare:

Yeah? Who allowed Russia to obtain more uranium? Who drew red lines in Syria then did nothing? Who was the POTUS when Ukraine was invaded and what did they do about it? Who was running around with Russian reset buttons? Who said that Russia being a threat was an "80's dipolomacy"? Who was caught on open mic cuddling up with Medvedev? Who put our military in the shape it is? Who oversaw the worst 8 years of GDP growth in history? Who did nothing when the Chinese started taking over the ocean?

 

Yes he was...Putin chose to overwhelmingly push fake news to hurt Clinton.

-fake news hurting clinton
-dirt on Clinton was offered to trump campaign which was gladly accepted.
-Putin and Moscow celebrate the night the POS became POTUS....

YUP...PUTIN CHOSE TRUMP. He was thrilled his boy won.

 

Before the election they organised pro trump rallies. The Russian Bots want to divide. So they helped install the Great Divider...

 

The market making new highs is newsworthy, the market bouncing up and down isn't. That does not change the fact that even now, in the middle of a correction it's up 30% since Trump was elected (less than 1.5 years ago) which is still an excellent and healthy growth.

 

LOL, you libs/progs lost despite Hillary outspending Trump by hundreds of millions of dollars, despite Hillary getting the endorsement of virtually every single newspaper and media outlet in the country, despite Hillary campaigning with every Hollywood celebrity, despite the MSM acting as Hillary's PAC, carrying Hillary's water and trashing Trump non stop 24/7 for months....

The liberal ideology sucks to high heaven if despite all this they got wiped out in the electoral college by 12 Russian trolls.

 

Perfect time to buy stocks. These fear losses never last.

 

They organized anti Trump rallies also.