Markets sink as Trump confirms tariffs on Canada, Mexico and China

[Harrisfan]

1 minute ago, cjinchiangrai said:

Umm, not trash the markets?

By spending money which leads to a market crash in a few years? 

[Woke to Sounds]

3 hours ago, JimHuaHin said:

Markets are going to sink as long as Trump is in power, with probably the US market hardest hit. 

That's why it's crucial to have a balanced and diversified portfolio - including short term bonds - that spans the globe.

 

Go 20% US weighting, max, though I recommend 15% these days.

 

TIP: Perpetual war is always a great profits booster. (Wouldn't hurt to have another p(l)andemic in the works. I see some of the pharma stocks are sagging.)

[JAG]

Let us try and put a positive spin on things:

The man is a <deleted>, he has threatened like a <deleted>, postured like a <deleted>, and now he is acting like a <deleted>.

 

At least we know where we stand.

[Harrisfan]

4 minutes ago, cjinchiangrai said:

Umm, not trash the markets?

The federal debt, measured against the size of the U.S. economy, is at levels not seen since World War II. 

 

https://www.brookings.edu/articles/what-are-the-risks-of-a-rising-federal-debt/

[Woke to Sounds]

3 hours ago, Walker88 said:

A Recession and a stock market decline are guaranteed for 2025, and that only if the US is lucky.

 

Be greedy when everyone else is fearful. (Firesale)

 

Best time to buy is when blood is flowing thru the streets.

[transam]

1 minute ago, JAG said:

Let us try and put a positive spin on things:

The man is a <deleted>, he has threatened like a <deleted>, postured like a <deleted>, and now he is acting like a <deleted>.

 

At least we know where we stand.

Indeed......................Must be quite worrying for Americans...

[Harrisfan]

2 minutes ago, JAG said:

Let us try and put a positive spin on things:

The man is a <deleted>, he has threatened like a <deleted>, postured like a <deleted>, and now he is acting like a <deleted>.

 

At least we know where we stand.

Typical childish drivel.

 

https://www.brookings.edu/articles/what-are-the-risks-of-a-rising-federal-debt/

[cjinchiangrai]

1 minute ago, Harrisfan said:

The federal debt, measured against the size of the U.S. economy, is at levels not seen since World War II. 

 

https://www.brookings.edu/articles/what-are-the-risks-of-a-rising-federal-debt/

You didn't worry abut that while the GQP was creating that debt.

[Harrisfan]

1 minute ago, cjinchiangrai said:

You didn't worry abut that while the GQP was creating that debt.

GQP?

[Harrisfan]

https://www.forbes.com/sites/mikepatton/2024/03/13/excessive-federal-spending-puts-america-on-collision-course-with-insolvency/

 

US is heading for disaster unless 24,28,32 Presidents fix it.

 

[JAG]

7 minutes ago, Harrisfan said:

So explain it then.

I cannot do better than to quote @Emdog. "the trade deal Trump complains about that is robbing and destroying US is the one his administration put in effect during DJT Part 1. The deal that was the "envy of the world, that would make all 3 economies grow at an unprecedented rate." as he said boasting of the deal back then

 

Trump tends to blame all on Biden.... why not this time? oh, this was 100% his deal, his baby to replace NAFTA... and I suppose it fitting that this moron shoots himself & US with his stupidity regarding tariffs"

 

If you can't understand that simple post, then there is little point continuing.

[Harrisfan]

Spending problem started this century in 2001. Nobody until Musk was appointed has addressed it.

 

https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/

[Chomper Higgot]

15 minutes ago, Harrisfan said:

What is Trump supposed to do according to you?

Not impose tariffs would be a start.

[Eric Loh]

57 minutes ago, Harrisfan said:

Stocks always go up and down. High spending makes them go up more but results in a bigger crash. 

Make it simple for you to understand. High spending creates inflation and high prices will affect consumer confidence and affordability and buy less.  Manufacturing slow down and revenue dropped. Poor consumer sentiments reflected in the stock market. 

[Harrisfan]

2 minutes ago, JAG said:

I cannot do better than to quote @Emdog. "the trade deal Trump complains about that is robbing and destroying US is the one his administration put in effect during DJT Part 1. The deal that was the "envy of the world, that would make all 3 economies grow at an unprecedented rate." as he said boasting of the deal back then

 

Trump tends to blame all on Biden.... why not this time? oh, this was 100% his deal, his baby to replace NAFTA... and I suppose it fitting that this moron shoots himself & US with his stupidity regarding tariffs"

 

If you can't understand that simple post, then there is little point continuing.

Drivel. Post some actual facts with links.

[Harrisfan]

Just now, Chomper Higgot said:

Not impose tariffs would be a start.

Why? Thailand and Canada have higher tariffs.

[Harrisfan]

1 minute ago, Eric Loh said:

Make it simple for you to understand. High spending creates inflation and high prices will affect consumer confidence and affordability and buy less.  Manufacturing slow down and revenue dropped. Poor consumer sentiments reflected in the stock market. 

So why do you want high spending? 

[BKKKevin]

OK MAGettes repeat after me….

The WOKE Biden economy couldn’t handle tariffs….

Mexico, Canada & CHIIINA will pay for the tarriffs!

 

#ThePriceOfEggs

[rough diamond]

1 hour ago, Harrisfan said:

Can't understand any of that.

Good grief!

An honest and an appropriate post all in one.

[Harrisfan]

1 minute ago, BKKKevin said:

OK MAGettes repeat after me….

The WOKE Biden economy couldn’t handle tariffs….

Sad

[rough diamond]

22 minutes ago, Harrisfan said:

What is Trump supposed to do according to you?

Resign I hope.

[Woke to Sounds]

1 hour ago, Patong2021 said:

If Trump thinks he can bully his northern neighbors, he should think again. They are like those hockey players who brawled in the first minute of the game with the USA. They won't give up and are going to draw blood to make their point.

 

Oh come on.

 

When the US says Jump... Canada says How high?

 

So now it's OK to wave a Canadian flag?

 

A year ago if you waved a Canadian flag you were a "colonial sympathiser", a "racist" - possibly even a "Nazi".

 

Every Canadian was shamed for past atrocities on stolen land.

 

But now?

 

The psyops are front and centre.

 

The silly hockey game win was the final nail for P.P. and the Cons.

 

All playing out exactly as it's supposed to.

 

Cultural Marxism on steroids here it comes...

 

 

 

 

 

 

[cjinchiangrai]

3 minutes ago, Harrisfan said:

So why do you want high spending? 

Because the deficit spending is about to be handed to Musk.

[Harrisfan]

Biden spending cool

Obama spending cool

Trump spending what a Nazi

 

 

Later....

[Lacessit]

4 hours ago, Tug said:

Well here comes recession (if we are lucky) tired of winning yet?hey and as a bonus trump is going to make the world hate us cause his stupidity will harm everyone!

We don't hate sensible Americans, who seem to be in the minority.

 

We don't hate MAGA people. We feel sorry for them, because they are too stupid to realize they are being tossed under a bus with everyone else.

 

Buyer's remorse is well entrenched with the swing voters.

[transam]

2 minutes ago, Woke to Sounds said:

 

Oh come on.

 

When the US says Jump... Canada says How high?

 

So now it's OK to wave a Canadian flag?

 

A year ago if you waved a Canadian flag you were a "colonial sympathiser", a "racist" - possibly even a "Nazi".

 

Every Canadian was shamed for past atrocities on stolen land.

 

But now?

 

The psyops are front and centre.

 

The silly hockey game win was the final nail for P.P. and the Cons.

 

All playing out exactly as it's supposed to.

 

Cultural Marxism on steroids here it comes...

 

 

 

 

 

 

Isn't the USA on stolen land......?  🤔

 

How is hockey a silly game........?  🤔

[JAG]

9 minutes ago, Harrisfan said:

Drivel. Post some actual facts with links.

No, it is a debate forum, a place for expressing opinions, not a court of law.

[DonniePeverley]

Nothing is going to happen. He will cancel it at the last minute again,citing he got some concession. 

 

He does this literally all the time. 

[Chomper Higgot]

3 minutes ago, Harrisfan said:

Biden spending cool

Obama spending cool

Trump spending what a Nazi

 

 

Later....

There goes the thread’s Godwin Gong.

[Chomper Higgot]

Just now, DonniePeverley said:

Nothing is going to happen. He will cancel it at the last minute again,citing he got some concession. 

 

He does this literally all the time. 

Market manipulation would be one explanation.