Trump Announces 10% Tariffs on 300 Billion!

Discussion in 'Wall St. News' started by Stockolio, Aug 1, 2019.

  1. MKTrader

    MKTrader

    Where were you in 2008? The S&P 500 is down 0.38% as I type this. Calm down, dude.
     
    #11     Aug 1, 2019
  2. dozu888

    dozu888

    market already showed how the first $250b tariff unfolded... so there is already a strong reference point.
     
    #12     Aug 1, 2019
  3. tsznecki

    tsznecki

    I LOVE THE DON.

    TRUMP 2020 UNTIL FOREVER
     
    #13     Aug 1, 2019
    nooby_mcnoob and dozu888 like this.
  4. Watch the Asia opening... Indian banks and HK were getting smoked already, European banking Index almost all time low, Spain/Italy ATL banks, Japanese banks dead men walking, and he pulls this...

    https://www.marketwatch.com/investing/bond/tmubmusd02y?countrycode=bx

    The Orange wants the credit markets to snap now, get the ZIRP and QE, then remove tariffs in 2020 and sign every deal possible, he is obsessed with the Equities Market, this is a calculated move... I think he will get more then he bargained for, he doesn't understand what is coming, especially if Congress doesn't approve the bail outs

    2 YR was up around 8 %, Oil down almost 8 %
     
    #14     Aug 1, 2019
    Cuddles likes this.
  5. dozu888

    dozu888

    dude you over thinking it... Trump is just doing what he promised during the 2016 campaign... people are still shocked that a president is actually doing what he promised lol.

    so what if Asia crashes... during the Japan crash and the Asia financial crisis, SP when up like nothing really happened... life is all good here.
     
    #15     Aug 1, 2019
    MKTrader likes this.
  6. Eurodollars... Lil china thanks Europe for the Trillions in USD they won't pay back... Turkey just did that, they told their banks to figure it out themselves, haha

    Bye Bye Deutsche bank! If it snaps in Asia, it snaps everywhere... Asia had by far the biggest growth in GDP and debt in this cycle, you crush china, everything stops... This is bigger tho, collateral for loans in offshore Repo will only be sovereign bonds, they won't accept AAA in offshore, choking china from refinancing USD loans

    https://www.fxstreet.com/analysis/c...ing-to-worst-reading-in-45-years-201907311702
     
    #16     Aug 1, 2019
  7. S2007S

    S2007S



    Hahahaha....he didn't get the dovish fed statement yesterday so now he is implementing more tariffs on China...if he had gotten word that rate cuts would continue into 2019 he wouldn't have dropped that tweet this afternoon!
     
    #17     Aug 1, 2019
    Overnight likes this.
  8. bone

    bone

    Today’s tariffs have NOTHING to do with Powell and interest rates - the Chinese are dragging their feet in the reopened trade negotiations.
     
    #18     Aug 1, 2019
    apdxyk and dozu888 like this.
  9. dozu888

    dozu888

    so, using May as reference, and considering the current sentiment - looking for 3-5% correction.. but still, BTFD.
     
    #19     Aug 1, 2019
  10. S2007S

    S2007S


    Disagree
    He didn't get what he wanted from the fed so he is implementing more tariffs on China creating fear in the market and overall global economy in hopes the fed comes in and saves the market with zero % interest rates.
    The more fear the quicker the markets drop the quicker trump gets his reduced interest rates.
    Like I said China has the upper hand. The US will lose with these tariff hikes.
     
    #20     Aug 1, 2019