World markets are tanking

[RunInRed 16,419]

A "few tariffs on a few products" like ...

Quote

China on Wednesday, matching the scale of proposed U.S. tariffs announced the previous day, said it would levy an additional 25 percent levy on around $50 billion of U.S. imports including soybeans, automobiles, chemicals and aircraft.

https://www.bloomberg.com/news/articles/2018-04-03/u-s-china-tariff-list-takes-aim-at-technologies-beijing-covets

 

[NolaAuTiger 3,295]

8 hours ago, RunInRed said:

A "few tariffs on a few products" like ...

 

So, @RunInRed, what happened with the market shortly after your post? Still all Trump, right?

[RunInRed 16,419]

16 minutes ago, NolaAuTiger said:

So, @RunInRed, what happened with the market shortly after your post? Still all Trump, right?

Trade War headwinds are out there ... you think otherwise?  We'll see ... 

[NolaAuTiger 3,295]

15 minutes ago, RunInRed said:

Trade War headwinds are out there ... you think otherwise?  We'll see ... 

Pulling strings man. haha I have no clue what will happen. 

[SaltyTiger 7,813]

11 hours ago, RunInRed said:

A "few tariffs on a few products" like ...

 

 

[AU64 10,122]

Wish you guys could make up your minds....it's tanking....then it's booming.  Tariffs are gonna create a trade war.....and then someone says it's not that big a thing since China wants to talk....and on it goes....up Thursday afternoon....tanked Monday afternoon.....but ...oops...jumped up Tuesday afternoon and tanked Wednesday morning.....but not for long....and up 1% by end of the day.....this stuff is giving me whiplash.....and it must be worse for those who seem so gleeful on the downs and sad on the upswings....worse than suffering from manic-depression. .

The key to happiness is just stay out of the shorts market.... and when the market makes a sudden jump you can be happy for the millions of investors who are happy to see a little green in their retirement funds. 

[SaltyTiger 7,813]

12 minutes ago, AU64 said:

Wish you guys could make up your minds....it's tanking....then it's booming.  Tariffs are gonna create a trade war.....and then someone says it's not that big a thing since China wants to talk....and on it goes....up Thursday afternoon....tanked Monday afternoon.....but ...oops...jumped up Tuesday afternoon and tanked Wednesday morning.....but not for long....and up 1% by end of the day.....this stuff is giving me whiplash.....and it must be worse for those who seem so gleeful on the downs and sad on the upswings....worse than suffering from manic-depression. .

The key to happiness is just stay out of the shorts market.... and when the market makes a sudden jump you can be happy for the millions of investors who are happy to see a little green in their retirement funds. 

64, bet you don't check Zillow every morning to see what your house is worth do ya?

[Brad_ATX 13,654]

1 hour ago, SaltyTiger said:

 

Salty, I'll give you 10 Schrute bucks if you can tell me where this gif originated from.

[SaltyTiger 7,813]

23 hours ago, Brad_ATX said:

Salty, I'll give you 10 Schrute bucks if you can tell me where this gif originated from.

go to giphy.com then search @RunInRed

where are my bucks?

[NolaAuTiger 3,295]

44 minutes ago, SaltyTiger said:

go to giphy.com then search @RunInRed

where are my bucks?

[RunInRed 16,419]

Trump playing chicken with China - the country who is the largest holder of our debt, seems like a brilliant plan.

[Brad_ATX 13,654]

11 hours ago, SaltyTiger said:

go to giphy.com then search @RunInRed

where are my bucks?

I'll give you one Schrute buck for the hilarious answer.

[homersapien 11,381]

On 4/4/2018 at 10:07 PM, AU64 said:

Wish you guys could make up your minds....it's tanking....then it's booming.  Tariffs are gonna create a trade war.....and then someone says it's not that big a thing since China wants to talk....and on it goes....up Thursday afternoon....tanked Monday afternoon.....but ...oops...jumped up Tuesday afternoon and tanked Wednesday morning.....but not for long....and up 1% by end of the day.....this stuff is giving me whiplash.....and it must be worse for those who seem so gleeful on the downs and sad on the upswings....worse than suffering from manic-depression. .

The key to happiness is just stay out of the shorts market.... and when the market makes a sudden jump you can be happy for the millions of investors who are happy to see a little green in their retirement funds. 

While I personally agree with you, tell that to the soybean farmer who's just planted a couple hundred acres.

[ShocksMyBrain 9,366]

2 hours ago, Brad_ATX said:

I'll give you one Schrute buck for the hilarious answer.

I prefer Stanley Nickels. 

[AUDub 11,151]

Dow down 600 today. Volatile market right now. 

[WDavE 332]

16 hours ago, RunInRed said:

Trump playing chicken with China - the country who is the largest holder of our debt, seems like a brilliant plan.

Maybe we can do what China did. After the next  election and since the government changes. We should then refuse to pay the debt or deny even owing the money.

 

But currently, the People’s Republic of China owes a debt of over $750 billion to American citizens who are holding these full faith and credit sovereign bonds (many of them denominated in gold) sold to them by the Republic of China. Worldwide, the debt China owes to all bondholders is estimated to be several trillion dollars.

[RunInRed 16,419]

22 minutes ago, WDavE said:

Maybe we can do what China did. After the next  election and since the government changes. We should then refuse to pay the debt or deny even owing the money.

But currently, the People’s Republic of China owes a debt of over $750 billion to American citizens who are holding these full faith and credit sovereign bonds (many of them denominated in gold) sold to them by the Republic of China. Worldwide, the debt China owes to all bondholders is estimated to be several trillion dollars.

This seems like a brilliant plan :rollseye:

[RunInRed 16,419]

That was a nice 600-point shellacking today.  So about that Trump stock market record ...

https://www.bloomberg.com/news/articles/2018-04-06/trump-tweets-toy-with-stocks-as-trade-bluster-shakes-wall-street

[SaltyTiger 7,813]

10 hours ago, homersapien said:

While I personally agree with you, tell that to the soybean farmer who's just planted a couple hundred acres.

I can see that Brother Homer. Do these guys hedge their yearly gamble?

[AU64 10,122]

11 hours ago, SaltyTiger said:

I can see that Brother Homer. Do these guys hedge their yearly gamble?

Of course...

But looks like none of the traders want to hold stocks over the weekends these days........have to credit DT with that since nobody knows what he might tweet that could affect the market ......so they sell on Friday and buy on Monday.....crazy way to run a railroad. 

Even the media seems to have trouble telling the difference between "traders" and "investors"  unless they consider the folks turning the roulette wheels in Las Vegas as "investors"...

[augolf1716 21,184]

22 hours ago, SaltyTiger said:

I can see that Brother Homer. Do these guys hedge their yearly gamble?

Farming is always a gamble. My Dad use to pray for rain or for it not to rain. Me I would pray for rain that way I did not have to work to hard that day.

[homersapien 11,381]

1 hour ago, augolf1716 said:

Farming is always a gamble. My Dad use to pray for rain or for it not to rain. Me I would pray for rain that way I did not have to work to hard that day.

Now he would be praying for impeachment.  

[augolf1716 21,184]

5 minutes ago, homersapien said:

Now he would be praying for impeachment.  

Didn't know you knew my Dad. Disabled WWII vet who fought in the Philippines ran for senator as a Republican in Ala. in the 60's when Al. was all George Wallace democrat. 

[homersapien 11,381]

19 minutes ago, augolf1716 said:

Didn't know you knew my Dad. Disabled WWII vet who fought in the Philippines ran for senator as a Republican in Ala. in the 60's when Al. was all George Wallace democrat. 

Lighten up snowflake.  You like to jump it with quips.  Do you have an exclusive?

I was not insulting your Dad. 

I figured that was obvious.

[augolf1716 21,184]

4 minutes ago, homersapien said:

Lighten up snowflake. 

I was not insulting your Dad.  I figured that was obvious.

Good grief homer don't you ever have fun. Calling me a snowflake wow don't take everything so serious. I should have known not to answer your post.