What's Holding This Market Up?

The market had its chance to move higher but it is just stalling right now. Bulls!? Are you there? Where are you?

 

%% Most likely see a bull elephant stampede @ 52 week lows;
or lower........................................................................................................

 

The market is still too high for the Fed to commit to a rate cut. In addition, we are seeing the yield curve being back to normal in the past few days.

There isn't much upside at this point.

 

Finished goods from China FOB USA are often cheaper than the raw commodity price in the US.

 

Exactly. This is much ado about nuthin'. But more smoke and mirrors routine to dazzle and distract the Trumpers.

 

%%;
plenty OF STUFF like SQQQ going up; but that proves your point.,

 

It’s not ado about nuthin’.
I don’t like trumpers but I am pro-trade war. China’s government is organizing its economy to control the world. That’s bad for democracy and freedom. It’s bad for America which has gut its manufacturing base in favor of lower costs.

 

LOL we Americans always need a boogie man.

Trade wars and their tariffs always, without exception, cost both countries .... middle and lower classes. Just like wars, fought with weapons themselves.

 

Some bogeymen are real. Al queda is real. Immigrants are not. Russia is real. China is real. Cuba is not.

Yes it will cost both countries. Americans will suffer in the short term, but in the long term America will rebuild its manufacturing base and regain its competitiveness. Btw - with the exception of the farmers, Americans are okay with this cost.

 

You're dreaming ... as well as having nightmares.

19 guys with box cutter knives and rudimentary flying skills killed 3000 people so we .... bombed a stone age country into busted up stones.

We have more of a chance rebuilding our manufacturing base if we bomb China and Germany and Korea and Mexico and at least a dozen other countries' manufacturing plants into busted up stones.

ECO 101 the cost to manufacture something is but one small slice of the whole pie.

And BTW Americans are not okay with anything. We don't speak with one voice. As with anything the media reports about any poll on any subject, it is all how the question is phrased, what part of country it is asked and where the poll respondent is on the economic ladder, type of job they hold, education level, general understanding of the subject, etc.

Even still doubt more than 35-40% agree with tRump ... on anything.

IMO Americans and Chinese and the rest of developed world economies will suffer the longer this nonsense drags on.