Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

US manufacturing survey shows worst reading in a decade

Discussion in 'Economics & Trade' started by MrTLegal, Oct 2, 2019.

Page 3 of 14
  1. stone6

    stone6 Well-Known Member Past Donor

    Joined:
    Sep 3, 2019
    Messages:
    9,281
    Likes Received:
    2,780
    Trophy Points:
    113
    Gender:
    Male
    No...it means Trump's trade policies aren't working.
     
    stone6, Oct 3, 2019
    #51
  2. Jestsayin

    Jestsayin Well-Known Member Past Donor

    Joined:
    Aug 1, 2016
    Messages:
    16,798
    Likes Received:
    17,571
    Trophy Points:
    113
    The Dow Jones index can drop or rise because a frog farts at the wrong time of the day. You are dealing with a bunch of programmed day traders. Get real.
     
    Jestsayin, Oct 3, 2019
    #52
  3. Mac-7

    Mac-7 Banned

    Joined:
    Apr 21, 2011
    Messages:
    86,664
    Likes Received:
    17,636
    Trophy Points:
    113
    Last edited: Oct 3, 2019
    Mac-7, Oct 3, 2019
    #53
  4. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    Firm sign confirmed.

    Services survey shows economy is weaker than expected amid slowdown fears
     
    MrTLegal, Oct 3, 2019
    #54
    Derideo_Te likes this.
  5. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,383
    Likes Received:
    12,986
    Trophy Points:
    113
    So you agree it isn't fake news.
     
    mdrobster, Oct 3, 2019
    #55
  6. ronv

    ronv Well-Known Member

    Joined:
    Feb 5, 2018
    Messages:
    20,312
    Likes Received:
    8,774
    Trophy Points:
    113
    Gender:
    Male
    Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007. The information technology and financial service sectors were the biggest spenders, with Apple leading the pack. When share prices plunged in the fourth quarter it only encouraged companies to spend more, setting a fourth consecutive quarterly record for buybacks.

    https://www.apnews.com/438fae12f9204b1fbd8e8b1985ae554f
     
    ronv, Oct 3, 2019
    #56
    MrTLegal likes this.
  7. HB Surfer

    HB Surfer Well-Known Member Past Donor

    Joined:
    Feb 10, 2009
    Messages:
    34,707
    Likes Received:
    21,899
    Trophy Points:
    113
    Bad economic news?

    I'll bet the Democrats are cheering with glee! This is what they want no matter who is in power, so that Big Government is the solution.
     
    Last edited: Oct 3, 2019
    HB Surfer, Oct 3, 2019
    #57
  8. Jestsayin

    Jestsayin Well-Known Member Past Donor

    Joined:
    Aug 1, 2016
    Messages:
    16,798
    Likes Received:
    17,571
    Trophy Points:
    113
    Absolutely. Like the hoax that is global warming, I believe everything the media puts out there understanding there are cycles to everything in life and statistics are manipulated every day to favor the desired outcome of the creator. The key is how to react to them. Since the landslide election win by Donald Trump, it appears the left has managed to pick any negative stat or story they could find and attempt to blame the current resident in the WH. If they think that will turn the election around in their favor, go for it, but remember the old saw, "be careful what you wish for"
     
    Jestsayin, Oct 3, 2019
    #58
    HB Surfer likes this.
  9. stone6

    stone6 Well-Known Member Past Donor

    Joined:
    Sep 3, 2019
    Messages:
    9,281
    Likes Received:
    2,780
    Trophy Points:
    113
    Gender:
    Male
    No...deregulation is NOT the answer.
     
    stone6, Oct 3, 2019
    #59
    Derideo_Te likes this.
  10. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,383
    Likes Received:
    12,986
    Trophy Points:
    113
    Thank you for the ack on the Dow Jones, could care less about everything else. Your persecution complex is long in the tooth.
     
    mdrobster, Oct 3, 2019
    #60
  11. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    The nation with the trade deficit will always win a trade war with a nation that has the surplus.

    The whole world will win when the CCP's industrial pollution complex collapses.
     
    Ddyad, Oct 3, 2019
    #61
  12. stone6

    stone6 Well-Known Member Past Donor

    Joined:
    Sep 3, 2019
    Messages:
    9,281
    Likes Received:
    2,780
    Trophy Points:
    113
    Gender:
    Male
    A lot of American stockholders are going to be very, very disappointed should that happen. China has begun working on its pollution problem, which it recognizes. I would say that, at the moment, China recognizes pollution and climate change resulting from it as a problem far, far greater than does the Trump administration, which seems to be in denial over both.
     
    stone6, Oct 3, 2019
    #62
  13. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    Good point. The DP is the party of 'war, Wall Street and the Walmart economy'.
    Vote DP to help China Win.
     
    Ddyad, Oct 3, 2019
    #63
  14. MrTLegal

    MrTLegal Well-Known Member

    Joined:
    Feb 25, 2017
    Messages:
    41,095
    Likes Received:
    26,663
    Trophy Points:
    113
    The ONLY winners in a trade war are the countries who do not participate in the trade war.
     
    MrTLegal, Oct 3, 2019
    #64
    Derideo_Te likes this.
  15. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    People have to be taught to misunderstand things like profit and loss or supply and demand.
     
    Ddyad, Oct 3, 2019
    #65
    Mac-7 likes this.
  16. stone6

    stone6 Well-Known Member Past Donor

    Joined:
    Sep 3, 2019
    Messages:
    9,281
    Likes Received:
    2,780
    Trophy Points:
    113
    Gender:
    Male
    I know a little about both...what point are you trying to make? And, incidentally, what is it you "advise?"
     
    stone6, Oct 3, 2019
    #66
  17. Paul7

    Paul7 Well-Known Member

    Joined:
    Jun 4, 2012
    Messages:
    15,854
    Likes Received:
    11,608
    Trophy Points:
    113
    I guess the cure for the OP report is electing a socialist who will raise taxes and regulation on manufacturing, right libs?
     
    Paul7, Oct 3, 2019
    #67
    Ddyad likes this.
  18. 9royhobbs

    9royhobbs Well-Known Member

    Joined:
    Aug 25, 2015
    Messages:
    15,025
    Likes Received:
    5,466
    Trophy Points:
    113
    I have no idea. Tha original question was "name a company affected by the tariffs". I complied with that. If you want to know the answer to your next question, look it up yourself and form an argument.
     
    9royhobbs, Oct 3, 2019
    #68
  19. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    My advice: Win the trade war with the CCP.
    The totalitarian CCP is a parasite sucking the life and liberty out of the world.
     
    Ddyad, Oct 3, 2019
    #69
  20. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    The losers are nations that trade with and empower the totalitarian CCP
     
    Ddyad, Oct 3, 2019
    #70
    Mac-7 likes this.
  21. Mac-7

    Mac-7 Banned

    Joined:
    Apr 21, 2011
    Messages:
    86,664
    Likes Received:
    17,636
    Trophy Points:
    113
    The globalist lib reply is not very informative

    What was asked was

    “Can you give us an example of something manufactured in the US of which exports have fallen due to the trade war with china?”

    But without details throwing out a name tells us nothing

    Can we assume Yeti sold 10 ice boxes to china in 2018 and only 6 so far this year?
     
    Mac-7, Oct 3, 2019
    #71
    Ddyad likes this.
  22. Ddyad

    Ddyad Well-Known Member

    Joined:
    Nov 17, 2015
    Messages:
    53,485
    Likes Received:
    25,451
    Trophy Points:
    113
    The DP has always been the party of Wall Street. Ordinary share holders should invest in stocks without exposure to China.
     
    Ddyad, Oct 3, 2019
    #72
  23. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,383
    Likes Received:
    12,986
    Trophy Points:
    113
    Lobsters for one, this is all front page news, but feel free to continue with the nonsense.
     
    mdrobster, Oct 3, 2019
    #73
  24. 9royhobbs

    9royhobbs Well-Known Member

    Joined:
    Aug 25, 2015
    Messages:
    15,025
    Likes Received:
    5,466
    Trophy Points:
    113
    You can assume whatever you like, you're good at it. Your question doesn't show the effect that tariffs have on a business while my answer did show the effect. I'm sorry my effort to educate you failed.
    I'll keep trying.
     
    9royhobbs, Oct 3, 2019
    #74
  25. ronv

    ronv Well-Known Member

    Joined:
    Feb 5, 2018
    Messages:
    20,312
    Likes Received:
    8,774
    Trophy Points:
    113
    Gender:
    Male
    A couple just for you. Is your Google broken again?

    Goldman downgrades Caterpillar, citing weakness in China business amid trade war

    https://www.cnbc.com/2019/08/08/cat...dman-on-the-deepening-us-china-trade-war.html

    BMW's Production Shift to China Pays Off With Jump in X3 Sales

    Making the X3 locally helps avoid a 15% Chinese import tariff on cars that were previously shipped in from BMW’s Spartanburg plant in North Carolina. The move also reduces the risk to the German automaker should trade tensions lead to additional levies. Last year, China temporarily hiked tariffs on U.S.-made cars to 40%. BMW said those measures cost it 300 million euros ($338 million ) in profit last year.

    https://www.bloomberg.com/news/arti...shift-to-china-pays-off-with-jump-in-x3-sales

    PS.
    Those BMW jobs aren't coming back.
     
    ronv, Oct 3, 2019
    #75
    AtsamattaU, Quantum Nerd and MrTLegal like this.
Page 3 of 14

Share This Page