It boggles my mind when anyone tries to make the argument the US could lose all out warfare or it has "comparable technological" competitors in terms of missile technology.
Righhhhhht ..."trade deal with China is very close" yepppp sure it is.
- Thread starter S2007S
- Start date
It boggles my mind when anyone tries to make the argument the US could lose all out warfare or it has "comparable technological" competitors in terms of missile technology.
I do not think that is what des was saying. He was not implying that we would "lose all out warfare." I think he is saying that the arms race is now moot, since we have "better" ICBMs?
That is my take.
We don't know what's going to happen obviously, but if what you write here comes to fruition... I think its a safe bet to assume markets worldwide will tank in a big way if the U.S. implements a 50% tariff on all goods from China. How's the old saying go? When we get the sniffles, the world gets the flu?
All up-spikes at this point will merely be temporary squeezes that will be portended as rallies by the likes of CNBC. Make no mistake... all the rate cuts in the world (another 1/2 point lol?) and trade deals with China will not preclude the inevitable uncertainties that lie ahead. Water always seeks its level.
As I said.... A blind man can see it coming.
"Multiple contraction" will soon be the phrase of the day.
-vz
I'm expressing agreement w/des by mocking the lack of knowledge from others on our defensive capabilities.
Doesn't that also mean the imminent birth of a child?
Ahh, I see. Sorry, slow on the uptake tonight. I'm weary.
The collateral effect of 50% tariffs on China goods is that Europe probably, will fear higher tariffs imposed by President Donald Trump on Europe. France has raised tariffs on some US companies so, I expect they will get tariffs raised on the European Union. They are still trade issues to be resolved with Europe but, like China, an agreement can be signed to remove the uncertainty if they want it. US still the stockmarket to be in. With Europe and China likely to suffer from higher tariffs, where will you invest your monies? Lots of monies on the sidelines waiting to be invested. I may be in the minority but, I think the US stockmarket will go higher from here not, lower. Only because the monies on the sidelines will propel it higher. Even now with the Chinese still not having signed that Phase 1, US-China trade deal, we are seeing new highs in the US stockmarket. Look at the stockcharts of the DJIA, COMP, SPX, SPY, QQQ. Trend is all up. I think a lot of people are over reacting to the US-China trade war which is how long now? Over 18 months or longer? Higher tariffs in the 50% range will be bullish for the simple reason that it would result in an outright win by the US over China with decoupling the US economy. Just my 2 cents.
I doubt it. How many days have we rallied 0.5% on trade talk optimism? Sure, when the trade war escalated, we might drop 2-3% for the week, but those are rare and followed up by 32 instances of trade talk optimism before the next escalation. Also keep in mind that the uncertainty provided need for the Fed to reverse course. Better question to ask would were would the S&P be if the Fed had not cut...much lower.
What's that? Ohhhh just as I thought
No FU@king deal....
US MARKETS
Dow futures drop 200 points after Trump suggests he may wait to strike a China trade deal
https://www.cnbc.com/2019/12/03/sto...n-focus-amid-south-america-trade-tariffs.html
No FU@king deal....
US MARKETS
Dow futures drop 200 points after Trump suggests he may wait to strike a China trade deal
https://www.cnbc.com/2019/12/03/sto...n-focus-amid-south-america-trade-tariffs.html
China will just devalue their currency another 50% and everything will remain the same.