same ole tired response to damn near every subject.
newsflash: we are seeing how it is all playing out in real time. the mentally deranged 22% of dem supporters are hating it.
Tariffs and cutting the govt will save the middle class.
- Thread starter i am herdman
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newsflash: we are seeing how it is all playing out in real time. the mentally deranged 22% of dem supporters are hating it.
A lot of stock owners are not particually crazy about it. Some republicans are not liking it either.
The stock market will adjust. It's been going up for about 15 years, on the backs of low interest rates, money printing, and QE by the fed.
I dont expect prices to go down. With all the tariffs we are in for a lot more of it. Egg prices will come down soon as there will be a glut of them on the market and they will have to get rid of all the inventory of them.
Stock market down big today that is not a good sign for the future of the economy. Continuously dropping because tariffs and consumer confidence hurting corporate earnings.
I work in an industry at the forefront of the economy, slowdowns, pick ups, etc. It slowed down end of Dec through around mid to late Feb. Picking back up nicely now. I have others in the economy where discretionary spending is and they said the same things. They had a slow down and it is picking back up nicely now. We will see. Of course some areas will fair better than others.
Wall Street is not going to like tariffs for a bit.
True but maybe not for a bit. They are bit smarter about tariffs than Trump. Trump has the corporations not knowing what to do. One of the great harms to stock market is uncertainty.
Wait...I thought Trump was for his rich corporate buddies? Which is it?
Nor would you want them to. Deflation is worse than inflation, long term. Specific things with costs being driven by specific factors (like eggs) will, but overall you really don’t want it to make sense for people to not spend money because their money will be worth more tomorrow than today.
OH he is. Tax policies prove that. Rich insiders in the market mostly know how to play the market up or down and when to do so . It is the rest of us of the majority cant be sure of this.
I want them to go down some and so does the FED. I would like to see less inflation somewhere like the FED wants. You know where I stand on eggs or anything that is way overpriced. Deflation is in no worse than over inflation.
There will be some gains from the tariffs but how will it benefit in all aspects of it?, and we really lose if he only gives another huge tax break to the ultra rich who do not use it wisely but for themselves only. Small business tax breaks and some of the other tax breaks would be great and work much better.
But the stock market is and that is no laughing matter. I guess you dont own any stocks. You seem to always give your opinions on something you know little about.
People want to see inflation go down. Nobody who knows what they’re talking about wants to see it reverse into deflation. Deflation is an economic death spiral.
Deflation is much worse than inflation. Christ you’re a financial illiterate.
Please stop. You prove almost every day you’re wrong on something.
That would depend on the amount of each one. During the 70 s we had stagflation with very high interest rates and the stock market just kept slowly going down as only the railroads and oil stocks went up . This was the result of high inflation due mainly to the price oil going up so much as OPEC took control of pricing. Oil is unlikely to go up now. The real danger now is higher inflation due to these tariffs. I know when there is too much deflation companies earnings will go down and they will lay off people . But too much of inflation or deflation will have the same effect in the end. Fewer jobs and less corporate earnings and lower stock prices.
I did not post that comment to you Raleigh. I know you are very knowledgeable on things. It is WVa fan who is the one who knows little of what he is talking about. You as a business man are much more informed than he is. As far as me being wrong we shall see and I will admit when all this plays out I will admit I am wrong. But we are seeing a whole new game right now. Let us just wait and see.
I know they like that we have created jobs for them like making shoes for Nike and they will probably be one of the easier countries to deal with as far as tariffs are concerned . However they are not going to like those jobs perhaps leaving their country as all the other nations will not. I would be pretty sure they gave those proposed concessions to keep most of those jobs in their own country.
Just think if we didn't over-regulate and taxnthe shot out of these companies they would be here creating jobs for Americans.
They have already gotten huge tax breaks to the point where some are not even paying taxes and the government is subsidizing big oil companies . At what point will they no longer be over taxed. There are to many regulations for businesses except for banks we have already seen what happens when banks are deregulated.
Everything is headed toward robots and AI now. Industry with many workers will never be like it was before but hopefully other jobs will take their place.
So do you want China or others doing all that? How can we survive if we don't make or produce anything? Or we are just consumers? Where will innovation come from? How about national security? Way of life? What would have happened in WW2 if we would have had no industrial base?
China and others will never do all that. This is a whole new age where manufacturing will not need as many workers as before due to robotics and AI. However, some companies will still want to have a better bottom line with cheaper labor and other countries will not like their jobs leaving and will therefore buy fewer of our products. Tariffs will never work . Trump should know that. But in the end the end he really only wants tax breaks for ultra rich. I know I keep repeating this but it is true. The wealth will once again go to the top more and history tells us this is a very dangerous and bad thing. This is not WW2 time frame, Things are much different now militarily.
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All car prices are going to go up. I dont drive anymore so personally it does not matter to me. But it is very bad for everyone else including car companies and the lateral effects of it.
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