Quote:The U.S. stock market has left $5 trillion on the table as trade tensions over the past 17 months contributed to an effectively sideways trade, Deutsche Bank estimated on Friday.

“While other factors also arguably played a role, the trade war has been key in preventing a recovery in global growth and keeping U.S. equities range bound. Foregone U.S. equity returns from price appreciation for 17 months are worth $5 trillion,” wrote Binky Chadha, the bank’s chief strategist, in a Friday note, based on an price appreciation at an annual rate 12.5%.

Trade wars costing U.S. stock market $5 trillion so far, estimates Deutsche Bank

#stablegenius

and yet the economy is still better than Obama could ever have pulled off.

What would the GDP be if we werent in trade wars? 40000%?

Muh magic wand...

Short term hit for potential long term gain. Said it long ago, China needs us a HELL of a lot more than we need hair scrunchies and plastic tailgate utensils.

When this finally gets resolved wait for that giant Whooosh!

Should be just prior to 2020

How will I survive without an avocado next week? For the love of humanity.......

If Red Tom were in charge of the US troops in North Africa during WWII instead of Eisenhower he would have surrendered to the Germans after Kasserine Pass.

It’s 4D chess. You don’t understand how a guy with absolute zero knowledge or experience with trade policy outsmarts the most savvy finance people in world. I don’t have time to explain it to you either.

(05-31-2019 04:08 PM)swagsurfer11 Wrote:  It’s 4D chess. You don’t understand how a guy with absolute zero knowledge or experience with trade policy outsmarts the most savvy finance people in world. I don’t have time to explain it to you either.

The most savvy government finance people in the world are who got us into the mess we are in to begin with.

(05-31-2019 03:11 PM)Redwingtom Wrote:  

Quote:The U.S. stock market has left $5 trillion on the table as trade tensions over the past 17 months contributed to an effectively sideways trade, Deutsche Bank estimated on Friday.

“While other factors also arguably played a role, the trade war has been key in preventing a recovery in global growth and keeping U.S. equities range bound. Foregone U.S. equity returns from price appreciation for 17 months are worth $5 trillion,” wrote Binky Chadha, the bank’s chief strategist, in a Friday note, based on an price appreciation at an annual rate 12.5%.

Trade wars costing U.S. stock market $5 trillion so far, estimates Deutsche Bank

#stablegenius

Ultra short term thinking. Its the kind of one-to-three month Wall Street fixation that makes them unable to see the long term benefits that come from playing the long game. In fact, it is the exact kind of thinking that got into the business of exporting manufacturing jobs in the first place---which has exacerbated the issues of income inequity that undermines a healthy and growing middle class. All those companies will do better when the US workers have better higher paying manufacturing jobs---not to mention that manufacturing jobs have a far greater secondary effects on economic growth than service sector jobs. But the unhinged left will grab at any straw---even suggesting that manufactuing jobs are better left overseas---while they support more and more low skill labor walking into the country via the under defended southern border. Honestly----a person could not craft a more amazingly ignorant economic platform if they tried.

(05-31-2019 04:35 PM)Kaplony Wrote:  

(05-31-2019 04:08 PM)swagsurfer11 Wrote:  It’s 4D chess. You don’t understand how a guy with absolute zero knowledge or experience with trade policy outsmarts the most savvy finance people in world. I don’t have time to explain it to you either.

The most savvy government finance people in the world are who got us into the mess we are in to begin with.

What mess? The highest standard of living in human history? You got you into this “mess” because you wanted cheap stuff and China made cheap stuff. The finance people just opened the door. I don’t remember you complaining when you were on those shopping sprees at Wal-mart.

It's annoying to see him single-handedly wiping out the stock market, but China has to be dealt with. This isn't the first time the market has crashed due to trade worries, and each time it was a buying opportunity.

I saw a story about how soon, we will no longer have control over drug prices, because 80% of our active ingredients are manufactured in China. They labeled it a national security threat. Thanks, "free traders".

The valid criticism isn't the tariffs, it's his "it's so easy" shtick. We were sold a deal-maker. Well?

Quote:"In five to 10 years, when China has a complete chokehold over the United States and its supply of medicine, it's gonna be telling us how much to pay for our medicine," Gibson told Fox News. "We will lose control over how much we pay. We will be the price taker, not the price setter. And that's devastating."

https://www.foxnews.com/us/america-depen...-medicines

(05-31-2019 03:15 PM)UofMstateU Wrote:  and yet the economy...

Thanks Obama...

(05-31-2019 04:35 PM)Kaplony Wrote:  

(05-31-2019 04:08 PM)swagsurfer11 Wrote:  It’s 4D chess. You don’t understand how a guy with absolute zero knowledge or experience with trade policy outsmarts the most savvy finance people in world. I don’t have time to explain it to you either.

The most savvy government finance people in the world are who got us into the mess we are in to begin with.

(05-31-2019 06:13 PM)UofMemphis Wrote:  

(05-31-2019 03:15 PM)UofMstateU Wrote:  and yet the economy...

Thanks Obama...

good one.

Oh wait, you're serious. Bless your heart.

(05-31-2019 06:38 PM)TigerBlue4Ever Wrote:  

(05-31-2019 06:13 PM)UofMemphis Wrote:  

(05-31-2019 03:15 PM)UofMstateU Wrote:  and yet the economy...

Thanks Obama...

good one.

Oh wait, you're serious. Bless your heart.

I'll say one thing for Killary, she was right when she said Demoncraptic voters were stupid. To think that they actually think Oblunder caused this economy is the epitome of stupid.

Binky Chadha

K. keep me posted.

I lost 525 million because I didn't buy a lottery ticket


reeeeeeeee

(05-31-2019 07:17 PM)shere khan Wrote:  Binky Chadha

K. keep me posted.

I lost 525 million because I didn't buy a lottery ticket


reeeeeeeee

There's gotta be someone we can blame for that.

(05-31-2019 03:35 PM)JMUDunk Wrote:  Muh magic wand...

Short term hit for potential long term gain. Said it long ago, China needs us a HELL of a lot more than we need hair scrunchies and plastic tailgate utensils.

When this finally gets resolved wait for that giant Whooosh!

Should be just prior to 2020

China is trying to string us along. They know they can't win this trade war. They have a billion people to feed, and we buy more from them than they do from us. Not a strong position to negotiate from. China is hoping we change leadership in 2020.

If I were Trump, I'd create a business relief package that provides incentives from companies with manufacturing facilities in China to move them to the U.S. or countries with friendly/fair trade practices. That would force China to deal with us now before their population hemorrhages jobs and they have an economic and humanitarian crisis on their hands. Also, about a month out from the 2020 elections, I'd announce an investigation into Chinese election interference, name the democrats receiving money from China, and indict those democrats for colluding with China.

I'd deal with Mexico and Central America differently too.

(05-31-2019 03:11 PM)Redwingtom Wrote:  

Quote:The U.S. stock market has left $5 trillion on the table as trade tensions over the past 17 months contributed to an effectively sideways trade, Deutsche Bank estimated on Friday.

“While other factors also arguably played a role, the trade war has been key in preventing a recovery in global growth and keeping U.S. equities range bound. Foregone U.S. equity returns from price appreciation for 17 months are worth $5 trillion,” wrote Binky Chadha, the bank’s chief strategist, in a Friday note, based on an price appreciation at an annual rate 12.5%.

Trade wars costing U.S. stock market $5 trillion so far, estimates Deutsche Bank

#stablegenius

How much has China, Canada, and the EU lost? I bet they have been hurt worse, when compared to the size of their economies. I know I haven't felt any effects.

(05-31-2019 06:13 PM)UofMemphis Wrote:  

(05-31-2019 03:15 PM)UofMstateU Wrote:  and yet the economy...

Thanks Obama...

Yep. Thanks Hussein for being an incompetent, arrogant dipshiit. That lead us to the Trump’s election.

Wait until the Mexican tariffs destroy their economy and the Mexicans move elsewhere to look for work. #MAGA