DOW up 3.3% year to date. When does the "winning" start?

[SlowSpyder]

https://www.cnbc.com/2018/10/18/kud...ely-to-any-of-our-asks-in-us-trade-talks.html



I lol'ed.

I hope we put more tariffs on their products.

 

[Vic]

Who could possibly have predicted. It reminds me of when Trump's trade guru Peter Navarro said no country would issue retaliatory tariffs.

These guys are smart enough to know what they're doing. Which is, in this case, increasing taxes on American consumers under the false pretense of nativist bullshit.

 

[K1052]

I hope we put more tariffs on their products.

Why not just embargo the country? That'll teach them.

 

[Vic]

Look at it this way. We either get a better deal with China and America profits, or we get our goods elsewhere, maybe even domestically as Trump brings back manufacturing to America.

What's this "better deal?" Who is this elsewhere that we can get our goods from, and why couldn't do that without a trade war?

 

[K1052]

These guys are smart enough to know what they're doing. Which is, in this case, increasing taxes on American consumers under the false pretense of nativist bullshit.

Trump searched high and low for somebody who actually believes the same stupid stuff as him and found him in Navarro.

 

[Paul98]

My favorite was yesterday trump tweeting about how the dow had done so well the previous day and no one was talking about it LOL

 

[Genx87]

Look at it this way. We either get a better deal with China and America profits, or we get our goods elsewhere, maybe even domestically as Trump brings back manufacturing to America.

This has to be a parody account. I have been pretty much away from this msgboard for the past 2.5 years. Post very sporatic. So some of the faces seem new. But manufacturing is not coming back to the US. At least not like the 1950s manufacturing. It will be fully automated if it does come back.

 

[Bitek]

This has to be a parody account. I have been pretty much away from this msgboard for the past 2.5 years. Post very sporatic. So some of the faces seem new. But manufacturing is not coming back to the US. At least not like the 1950s manufacturing. It will be fully automated if it does come back.

Glad you see back. Always had respect for you.

Slow is the type of conservative poster we get now days.

 

[SlowSpyder]

This has to be a parody account. I have been pretty much away from this msgboard for the past 2.5 years. Post very sporatic. So some of the faces seem new. But manufacturing is not coming back to the US. At least not like the 1950s manufacturing. It will be fully automated if it does come back.

We used to argue in the tech forums, why not here too?

 

[fleshconsumed]

This has to be a parody account. I have been pretty much away from this msgboard for the past 2.5 years. Post very sporatic. So some of the faces seem new. But manufacturing is not coming back to the US. At least not like the 1950s manufacturing. It will be fully automated if it does come back.

Technically, as a whole, manufacturing never left. We as a country make more than ever before, it's just that we employ less people in the manufacturing due to automation.

 

[Genx87]

We used to argue in the tech forums, why not here too?

I am usually so busy that when visiting this site I like to partake in the technical side and not get involved with politics. As politics typically requires a lot more interaction, debate, and thinking. I just so happen to have a couple of days here where I feel like being lazy and decided to wade back in here. Chances are high I will be back to random popping into this forum by next week.

 

[hal2kilo]

I've been taking some of the profits over the past few years and putting into cash waiting for 2008 lite to reinvest.

Moved almost a half million 5 months ago into basically a money market fund. I'm set for the crash.

 

[Vic]

Technically, as a whole, manufacturing never left. We as a country make more than ever before, it's just that we employ less people in the manufacturing due to automation.

And that manufacturing still done by people requires a much higher skill level.

When Trump and his supporters talk about manufacturing coming back, they mean the relatively unskilled manufacturing jobs that went overseas coming back.
And no, those are never coming back. Not enough value added.

 

[hal2kilo]

And that manufacturing still done by people requires a much higher skill level.

When Trump and his supporters talk about manufacturing coming back, they mean the relatively unskilled manufacturing jobs that went overseas coming back.
And no, those are never coming back. Not enough value added.

That ship sailed a while back.

 

[Lanyap]

Moved almost a half million 5 months ago into basically a money market fund. I'm set for the crash.

I didn’t move that much but I probably should have. Our financial adviser who is really sharp suggested we take some profits earlier this year then leave the rest in balanced funds. I guess we need to call him and see what he thinks.

 

[WelshBloke]

Trump acknowledged that the stock market could be and likely would be higher without the trade war. But that's the thing about a war, there are sacrifices until you win, then you come out on top and hopefully in a better place. We didn't start this war, other nations taking advantage of us did. Time to fix things.

You know who wins in a trade war between China and the USA? Everyone who isn't China or the USA.

Trade wars don't have winners between the protagonists, both of them end up poorer than they would have before.

 

[Victorian Gray]

Look at it this way. We either get a better deal with China and America profits, or we get our goods elsewhere, maybe even domestically as Trump brings back manufacturing to America.

ROFLMAO.

 

[FIVR]

China GDP numbers just came in. Shanghai index is green. Looks like they are officially winning the trade war. It will be interesting to see how Larry Kudlow and the triumvirate of imbeciles that run our economy try to spin this.



Here are the China GDP numbers:

GDP (YoY) (Q3) 6.5% actual 6.6% estimated

Industrial Production (YoY) (Sep) 5.8% actual 6.0% est

Retail Sales (YoY) (Sep) 9.2% actual 9.0% est

Fixed Asset Investment (YoY) (Sep) 5.4% actual 5.3% eat

 

[FIVR]

Donald Trump is Making China Great Again! >6% growth, big win for CHINA! USA can't compete because Donald Trump wants China to be #1!

 

[fskimospy]

You know who wins in a trade war between China and the USA? Everyone who isn't China or the USA.

Trade wars don't have winners between the protagonists, both of them end up poorer than they would have before.

This is the best post.

 

[SlowSpyder]

China GDP numbers just came in. Shanghai index is green. Looks like they are officially winning the trade war. It will be interesting to see how Larry Kudlow and the triumvirate of imbeciles that run our economy try to spin this.



Here are the China GDP numbers:

GDP (YoY) (Q3) 6.5% actual 6.6% estimated

Industrial Production (YoY) (Sep) 5.8% actual 6.0% est

Retail Sales (YoY) (Sep) 9.2% actual 9.0% est

Fixed Asset Investment (YoY) (Sep) 5.4% actual 5.3% eat

A nine year low?

https://www.aljazeera.com/news/2018/10/china-economic-growth-hits-year-181019071158221.html

 

[FIVR]

A nine year low?

https://www.aljazeera.com/news/2018/10/china-economic-growth-hits-year-181019071158221.html

What were the US GDP numbers? 3%? 4%?


What is higher 4% or 6.5%?


Did you pass 4th grade maths?

 

[fskimospy]

A nine year low?

https://www.aljazeera.com/news/2018/10/china-economic-growth-hits-year-181019071158221.html

Are you trying to paint 6.5% growth as a bad thing?

Regardless, trade expert, do you have any more thoughts about the Trans Pacific Partnership and its effects on IP theft?

 

[compcons]

Are you trying to paint 6.5% growth as a bad thing?

Regardless, trade expert, do you have any more thoughts about the Trans Pacific Partnership and its effects on IP theft?

This made me laugh.

And "Trade Expert" needs to be capitalized when inferring the necessary reverence...You can also add "Esteemed" to the title. It's the biggliest.

 

[SlowSpyder]

What were the US GDP numbers? 3%? 4%?


What is higher 4% or 6.5%?


Did you pass 4th grade maths?

Yea, our numbers have been lower, that's the norm these days. That doesn't mean China isn't hurting and feeling the squeeze.