Trump Announces 10% Tariffs on 300 Billion!

I fail to see how you got Canada to "fall in line"; we clearly said get rid of the tariffs or no trade deal and magically Trump dropped the tariffs. The US business community was very clear not signing a trade deal with Canada would have been a disaster for many of them.

I suppose if some of you want to believe in fantasies it hardly matters if the trade opens up.

oh so you are canadian... well sure your perspectives will be different.
 
PPT as you seem to define it is a myth. There is absolutely no government buying influencing stock markets this year. Yet you live and die for this nonsense on a daily basis.

central banks have been buying yes... but the purpose doesn't have to be 'PP'... it's just a value proposition... stocks are dirty cheap.
 
So S&P closed down less than 1%. Yes, oil got hammered...all that means to me is hopefully lower gas prices if it stays low. Bonds and gold up, which helped hedge some of my long-term holdings. Chicken Little can go back to his coop...



Just paid $2.99 today ...yep. nothing like $3 a gallon gasoline. Would be nice to see gasoline drop 5% in one day at the pump but that never happens. Trickles down a penny or two... sometimes you get lucky and see a 7 cents reduction but that's about it. Oil prices would have to drop below $30 a barrel to get something under $2.00 gas at the pump.
 
Just paid $2.99 today ...yep. nothing like $3 a gallon gasoline. Would be nice to see gasoline drop 5% in one day at the pump but that never happens. Trickles down a penny or two... sometimes you get lucky and see a 7 cents reduction but that's about it. Oil prices would have to drop below $30 a barrel to get something under $2.00 gas at the pump.

Not necessarily. It would just have to happen gradually and stay low for a while. And there are other variables like refineries. Gas has been under $2.20 in my area recently. Some places (esp. Costco) seem to react faster to falling oil/gasoline prices for some reason.
 
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.
Oh fer crying outloud. CHINA WILL AND IS LOSING. China will blink.
 
Inflaitonary monetary policy is stealing

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10 YR at 1.89! Powell cutting 50 bps in September guaranteed, which would represent almost a 25 % trim from the benchmark
I think this is the first time in a while that the US 10Y yield is actually lower than the Greece 10Y yield. Bizarre-o-world if you ask me. I sold a bunch of TLT calls today.
 
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