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

Everything, the size of my hog dog hasn't changed (no inflation) and the quantity increased by 30% (stock market gains under Trump). I am not quite sure why your hot dog has shrunk by a third though but I suspect you're being ripped off by an unscrupulous street vendor

 

They call it Shrinkflation

https://en.wikipedia.org/wiki/Shrinkflation

"Hot dog" price remains the same but sizes have been reduced to compensate for inflation.

Stock market's dollar value has gone up under Trump. Some of that gain is due to money printing and not increased output or % profits. Some of that gain is "fake gain". Illusory.
A numerical gain but not a physical one.

 

That'd be reflected in inflation numbers according to your link:

shrinkflation also affects the statistically represented inflation figures.
https://en.wikipedia.org/wiki/Shrinkflation

And as I showed in my previous posts - there is no inflation, which means it's your street vendor ripping you off, not some global shrinkflation conspiracy.

Yawn. Stock market growth + no inflation = more money in the pockets = 30% more hot dogs of the same size = fantastic economic news.

 

But you haven't got the inflation figures for the stock market.
Only for a consumer price index.

The price of my stocks doesn't affect the money in my pocket.
It affects the dollar value of my assets. The money which is not in my pocket.

Expect a disparity between the two.

Now to you this is fantastic economic news.
But to a lefty it is grim economic news. The gap between rich and poor has got wider he will claim.

And it's Trumps fault. He will cry.
But it has not.

You must adjust for real prices. The inflation that you claim does not exist.
What is the compound inflationary effect of .2%/month?

It is not "nothing".

My stocks return me 3% a year.
Without doing the maths, I suggest to you that 20% of your 30% is not "real". It is illusory.

Take out tax and transaction fee's and you probably haven't made anything at all.

 

Stock market "inflation" is usually referred to as amazing economy and more money in the pockets of investors.

Sell while you are ahead and enjoy 30% more hot dogs of same size (change your hot dog vendor if you must).

No, the left claims that the market growth under Trump is thanks to Obama.

 

Right...we have seen the "decisive leader" bouncing from one extreme to another. No one can believe anything he says.

China is going to crush his tarriff plan....and Wall Street knows it.

 

"Decisive leader"! LOL

 

https://nypost.com/2018/02/16/russians-staged-pro-trump-anti-clinton-rallies-across-us/

Gee...I guess you are a liar...embsrrassed yet? Naw...you are a Trumpetsee....nothing embarrasses you.....Not Stormy....not dozens of accusing women....not a WH that is dysfunctional and an open sewer.

Just admit YOU LIE....and go away.

 

"Yeah I'll sign that Bill...wait....maybe not....well perhaps I will....but NEVER AGAIN!"

"I love McMasters now...will always love him....I support him....but wait....maybe not....if Bolton would shave the squirrel off his upper lip....and....Bolton....the architect of the Iraq fiasco is my man....I love John!"

 

What about China? See, when you freaked out and predicted disaster, once again, you were over-reacting.

And yet, according to the hysterical anti-Trumpers they are like inviting Freddy Kruger to a family BBQ.

Their's tastes better, because they still have Dolphin in it, along with a nice dose of mercury pollution.

That's what you get for thinkin'!

The thousands of tariffs against American goods) do not produce a complete picture of the trade war being waged against America. There are other levers of economic warfare in the arsenals of many countries.

For example, many jurisdictions charge imported goods not only with a tariff, but also with an additional value-added tax (VAT). Also, other countries require (as a rule, in addition to tariffs) separate payments for "quality inspection of goods." In China, for example, such inspections can be carried out for weeks, and an exporter company is forced to pay substantial demurrage fees.

Finally, China has successfully adopted the old Soviet practice. To make an entry into the Chinese market, American companies are forced to establish a joint venture with a Chinese company, with mandatory disclosure and transfer of all technological know-how to China. Software companies pay this price of entering China's marketplace in the form of transferring to Chinese authorities full source code of all programs and all other intellectual property.

What did China do in retaliation for imposing tariffs on steel by Trump? China, instead of retaliatory increases in tariffs for American goods (expected by the economists of the Washington swamp), decided to reduce its 25% tariff on cars and finally allow American companies to enter the Chinese automobile market on approximately the same terms as Japanese and German car-manufacturers.

Why did China and other countries act contrary to the theory of anti-Trumpers? Because the simplistic anti-Trumper arguments, unfortunately, are correct only when all other variables in economic equations remain unchanged.

Trump had changed the overall conditions of the economic game.

https://www.americanthinker.com/art...ot_to_tariff_trumps_answer.html#ixzz5Ag2iYhBf

Looks like those clowns are no better at international trade than they are at polling the US Electorate!​

I did no such thing, you incorrectly inferred something no one claimed.

If we do less trade with someone who is screwing us, that's not "losing"!

You sound Jealous. Maybe you like the Chi-com system of government better than our system's guaranteeing of Individual rights?

Probably 7, followed by 9 years of Pence.

No such thing has occurred, except in your wild fantasies where Hillary is President and is placing judges on the bench who will "fix guns".

On the one hand, Trump raises taxes for companies outside America (tariffs), and on the other hand, he reduces domestic taxes for companies in America. Let me remind you that thanks to Trump, now corporate income tax in America has been reduced from 35% to 21%. Also, the lion's share of bureaucratic barriers to business development, set by Obama, are canceled by Trump.

Only now has Trump's economic policy become perfectly clear: Trump squeezes out companies from abroad and forces them to relocate to the United States.

The lack of tariff retaliation of the U.S. trade partners proves once again that the capitalist economy is a nonlinear system in which, as is known, the sequence of events is significant. Trump had lowered domestic corporate taxes, and after only three months, he increased external taxes. Imagine what would have happened if the sequence of these events had been in reverse. First, Trump would have raised external taxes (tariffs), and three months later, he would have lowered the internal ones. More precisely, he would try to reduce them, because in the nonlinear system, A + B is not equal to B + A, and it is unlikely that the political situation after a unilateral increase in tariffs by America would be favorable.

 

I see you're struggling to read the chart. Let me help.

On Jan 1 2016 the stock market was below 18000, and crashed more than 2000 points that month.

 

From your link:

It identified the rallies as a June 25, 2016, demonstration called March for Trump and a July 23, 2016, one called Down with Hillary.

It was unclear where the rallies were held, or if they were held at all. Web searches yielded no written or photo evidence of either.

 

By the way your last post is bordering on hate-driven hysteria

Get a grip

 

Well....just following the, so called, president's lead....it seems unhinged is the norm these days.

 

Someone always loses bigger, and that won't be us, that's the point...

 

Trump is a stone statue compared to the trump haters running around with their hair on fire

 

The statue has bird crap on it....

 

Liberal cuckoo bird crap

 

And your unbiased, factual proof of that is what?

For certain, it will raise prices for Americans on many goods.

 

On many foreign goods.

America is self sufficient. It doesn't need imports or exports.
Many foreign countries are not self sufficient they do need exports.


America has a trade deficit. It buys more than it sells. It hurts foreign countries more than it hurts America to lose international trade.

 

And how is both losing a good thing to the "winning" country!

 

In the same way as loss leaders are for a company with market rivals.

To reduce the competition in the market place.
In a fight I may be willing to take an injury I can recover from to deliver one to my enemy that he cannot.
Knock out the weak, or in this case get rival country's to accept fair practise.
To apply less tariffs against America. Just as America already applies far less tariffs against them.

America's target in this is balanced trade.

But there is more to it than that. There are political pressures.
Vested interests to protect.

Critical ones.
Electioneering. Election sensitive industries in key voter states.
Critical industries. Food, water, cars, defence. Energy etc.

Big tax money industries. Banks, Pharmaceuticals etc.

 

It will hurt them more than us, which leaves our bargaining position much better than before. The long term gains will easily offset short term price increases...

 

I will ask again:

where is your unbiased, factual proof that it will 'hurt them more then us'?

 

Ask as many times as you like. You won't accept the answer so it is pointless giving it.
Do the maths.

Who can tariff more?
They one who imports more or the one who imports less?

Who stands to lose the most trade?
The one who exports more or the one who exports less?

It's not rocket science mate.