What's Holding This Market Up?

[murray t turtle]

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.

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

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US armed forces bomb Mexico?? LOL Surely that part is sarcasm.On the other hand Turkey has not had much problem with evil empire Russian jets trespassing-- since they shot one down.,

 

[newwurldmn]

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.

If the cost of manufacturing is small, what are the larger parts?

Trump is very divisive but you don’t see the same protests around this as you have around his other actions.

Bombing Mexico and China would be a good way to rebuild our manufacturing (plus we can build some more bombs too). It’s a big reason America did so well in the 1950’s. However that is unwarranted when a non-violent solution exists.

Most economists agree that comparative advantage is Important. And few people are anti-Mexico because they only compete on cheap labor. China is essentially dumping in the US and most economists would agree that is a bad thing.

Re: al queada, not just 19 guys. 6 guys with a truck full of explosives, several guys with a boat full of explosives, many attempts at dirty bombs. Al Queda declared themselves an enemy of America. Very few would say the response to 9/11 was unjustified. The Iraq war is a different story.

 

[SunTrader]

If the cost of manufacturing is small, what are the larger parts? .....

Small slice of the whole pie. I didn't say it is small.

Costs of goods or raw material, transportation, plant investment, taxes and insurance, worker training and turnover, profit and many other minor ones.

Oh one other, dealing with idiotic 300am twitter tirade.

Have you ever started and ran a business? I have - two of them.

+ + +

The rest I won't bother to respond to - we are on different "wavelengths".

 

[newwurldmn]

Small slice of the whole pie. I didn't say it is small.

Costs of goods or raw material, transportation, plant investment, taxes and insurance, worker training and turnover, profit and many other minor ones.

Oh one other, dealing with idiotic 300am twitter tirade.

Have you ever started and ran a business? I have - two of them.

+ + +

The rest I won't bother to respond to - we are on different "wavelengths".

Good for you that you have two businesses. How big are they? What do you do? How many employees?

 

[maxinger]

 

[curiousGeorge8]

Trump put is holding the market up as he needs to win the re-election in 2020.

As for the trade wars, even the US Chamber of Commerce say the tariffs are the wrong approach.

"The U.S. needs free and fair trade, but imposing tariffs to get there is the wrong approach."

https://www.uschamber.com/tariffs

 

[SunTrader]

Good for you that you have two businesses. How big are they? What do you do? How many employees?

Had them. Started them, built them, sold them. One each in retail and services. Nothing but trading ever since, 20+ years.

 

[Rickshaw Man]

Trumps tweets is spot on.

 

[SunTrader]

Trumps tweets is spot on.

Bring on the spot remover LOL.

 

[murray t turtle]

Sp500 20% down in dec2018.
Big rally. What else could this be?

Or at least look beyond it. Does anyone think that dec low will be tested soon?

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Appeared like a big uptrend/big rally in SQQQ, up 333% this week LOL .That's a data error, or stock split.

QQQ most likely will test 52 week/DEC lows; but most likely finish strong 4th quarter/pre-election year. NOT a prediction, not bullish on QQQ now.,