Dow plunges after China retaliates on trump's tariffs

You are so full of ****. What specific fund(s) do you have?

 

Only to the uninformed.

 

Fund balance split up for my age. Retirement age next year but will work longer.

 

Which specific funds? We can look up the growth you know - they are public.

 

The USA gets almost all of its fuel fromn Canada, mexico and the US itself.

 

If it's true, and I'll give him the benefit of the doubt, all it means is that he got lucking. In April, 2003, I had $2000 in cash, sitting my IRA, earning piddly little interest. So, after talking to some friends in law enforcement, I put all of into Taser's stock (former symbol TASR, now Axion Enterprises, symbol AAXN). Adjusted for stock spilt, I paid 59 cents a share. Sold it for $31 a share at the end of December, 2004. Doesn't mean I'm a financial wiz. Just means I was lucky. Got lucky again, the year Obama took office, with Dietrich Coffee Company stock. Again, luck. Big time.

 

Did you hear that from William Barr?

 

True. A President doesn't control much of anything in the economy. To give Bonespurs credit for almost a decade long trend if nonsense.

 

Then you're not as smart or lucky as you think you are. I made money under Obama. Dietrich Coffee Company acquisition by Green Mountain Coffee Company ( now known as Keurig), Amazon, Apple, Google, Netflix, Boeing, Raytheon, Lockheed Martin, Northrup Grumman, General Dynamics, Avis, and a few others.

 

166% increase is far from believable:

https://www.marketwatch.com/story/h...-scorecard-after-2-years-in-office-2019-01-22

First two years (+29.19%):

• 2nd best percentage gain for a Republican president (out of 7)
• 5th best percentage gain for any president (out of 12)
• The best first two years in office (regardless of term) for a Republican president since Reagan from 1985 - 1987
• The best first two years in office (of a first term) for a Republican president on record
• The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015

Stocks have partially recovered from the gut-wrenching selloff in late 2018 to punch higher in January. But it will be difficult for equities to reclaim the glory days of Trump’s first year with the global economy starting to show signs of fatigue while corporate earnings growth have slowed. Fears of a prolonged trade tensions with key trading partner China as well as the fallout from the partial government shutdown might also cap the market’s upside for now.

 

His math doesn't work. The market's best since Trump took office is 35% up and now it's 2.3% down from that peak. So his arithmetic doesn't pan out. He would have had to do almost 5 times the market gain, and have paid very small fees. There is no fund that does that kind of performance.

In addition the market increased 150% during Obama's two terms. He'd have had to invested in crap to not ride that wave.

He's lying.

 

Don't expect a reply. She was caught telling a porkie pie.

 

--said the fibbing fibber.

Answer Doug's question.

 

She won't make another appearance in this thread.

 

lol you do know tariff are basically TAX right. furthermore our Deficit with China are highest right now.

 

back in Obama we just recover from 2008 crisis. under trump investor are Hoping for a deal, if no deal, then stock will continue to drop especially trade war goes full blown.

 

China has no where left to turn as far as increasing tariffs. This is hurting them much more than us.

 

I made 800% in my 401K since last week. Because Trump, and stuff.

But look at this:

 

yes it hurt them, but who would give in first? remember they are a authoritarian, Xi is emperor for LIFE. also they are courting EU/Japan and other countries now while trump isolate itself

https://news.yahoo.com/trade-war-china-could-hit-181250356.html?.tsrc=jtc_news_index

 

Well, you need to look at how Trump is handling this. Now he says he is not decided on increasing tariffs. He knows his game. This leads to uncertainty and will curtail investment in China due to uncertainty. There is method behind the tactics.

 

Our government will be more responsive to businesses and consumers being hurt by tariffs. Especially because Bonespurs needs to be reelected to avoid being prosecuted.

China is not going to be terribly responsive because of their totalitarian government; they have the luxury of patience.

And, no Bonespurs doesn't "know his game". He's an incompetent moron. Being a failure at property development isn't good preparation for negotiating one's way through a trade war.

 

its just mean his indecisive, he know if he raise more tariff, stock will drop more, slowdown economy etc. China on the other hand are looking for other customer, substitute import of goods from other place(they are very efficient with that due to their top down structure), and has $3.2trillion surplus reserve to stimulant their economy.

 

It would take about 3 months to get through the process to increase the tariff. Trump knows this. He is also managing the markets. A temporary blip in the Dow is nothing really since they happen all the time.

 

it stalled during the Bush crash that gained big time

 

I recently got out of stocks due to market volatility becaus I'm at the age where I can't wait out long term shifts and I don't want risky investments but if the DOW goes much lower I may have to jump back in for a while. This could be a huge buying opportunity with a quick in and out profit.