Stock Market is the bottom in?

[Howboutthemdawgs]

Aside from the obvious increases from the tariff we will all pay, we are going to pay the phantom tariff penalty as well. The one where the company just raises their prices in the name of tariffs. Like Covid. Inflation is about to skyrocket.

 

[SD51555]

Well, at least all this tariff money will go to a good cause.


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[SD51555]

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[Foggy47]

I'm going out on a limb here....to say that I believe the stock market is going to go up like gangbusters by fall. Maybe much sooner. May? We will soon figure out that the tariffs are good for America. You know....things like taxes, jobs, dollar, oil, profits, budget, immigration, deficits, law and order, and much more. MAGA baby MAGA.

Been a long time since we seen a summer rally.

 

[Foggy47]

This is our current "recipriacal" tariffs if the information I got is right. What is wrong with this picture?? Not a DAMN thing in my opinion.
We have been getting screwed for many decades. Time to end this bullshit. We need a level playing field....this is a START! Lets get people back to WORK!

Quit worrying about the next thirty days.....and let's look at the next 30 YEARS! ....you know...our CHILDREN!! MAGA BABY MAGA!

 

[Howboutthemdawgs]

This is our current "recipriacal" tariffs if the information I got is right. What is wrong with this picture?? Not a DAMN thing in my opinion.
We have been getting screwed for many decades. Time to end this bullshit. We need a level playing field....this is a START! Lets get people back to WORK!

Quit worrying about the next thirty days.....and let's look at the next 30 YEARS! ....you know...our CHILDREN!! MAGA BABY MAGA!

https://twitter.com/x/status/1907657860793696281

 

[hunts_with_stick]

We may need to suffer for a little, but the rewards will be worth it. Just like working out,no pain, no gain.

 

[Howboutthemdawgs]

We may need to suffer for a little, but the rewards will be worth it. Just like working out,no pain, no gain.

I’m not arguing but why do you feel confident that it will be worth it? What is the end game you are hoping for? Vietnam moves their t shirt factories to Nebraska and now we pay $28 for a t shirt?

 

[Jerry-B-WI]

I’m not arguing but why do you feel confident that it will be worth it? What is the end game you are hoping for? Vietnam moves their t shirt factories to Nebraska and now we pay $28 for a t shirt?

Too bad there isn't a sliding scale for wages to cover the cost of the tariffs.

 

[Westwind]

I’m not arguing but why do you feel confident that it will be worth it? What is the end game you are hoping for? Vietnam moves their t shirt factories to Nebraska and now we pay $28 for a t shirt?

I think the risk of unintended consequences is a real thing.

The Vietnam example might be a good one. Trading partners are security partners. We are sending so many countries into the welcoming arms of the Chinese and their Belton Road initiative. Some one will say “why do we care”. Well we will care when Taiwan questions whether we really will help them and China gets Taiwan without firing a shot.

 

[homerj]

I'm going out on a limb here....to say that I believe the stock market is going to go up like gangbusters by fall. Maybe much sooner. May? We will soon figure out that the tariffs are good for America. You know....things like taxes, jobs, dollar, oil, profits, budget, immigration, deficits, law and order, and much more. MAGA baby MAGA.

Been a long time since we seen a summer rally.

Other than optimism, what do you base a soon to come rally on? I'd like to think the market reaction to tariffs is chicken little, but I'm not seeing much on the short term horizon to turn things around much.

 

[Howboutthemdawgs]

I think the risk of unintended consequences is a real thing.

The Vietnam example might be a good one. Trading partners are security partners. We are sending so many countries into the welcoming arms of the Chinese and their Belton Road initiative. Some one will say “why do we care”. Well we will care when Taiwan questions whether we really will help them and China gets Taiwan without firing a shot.

The security partner is another good example of “what could go wrong”.

From a financial perspective, I don’t care if the Vietnamese or Chinese or Nigerians use low cost, horrible condition labor. That’s their problem if they don’t value life like we do. Im not here to pretend moral superiority. Let them figure that out. We have the best economy ever because we don’t waste our time making products they can make cheaper. We lead in other ways, it’s about efficiencies. We are more efficient in more “advanced” trades. They are more efficient in labor intensive trade.

 

[Mortenson]

Could our able-bodied welfare recipients make a few t-shirts? If you choose not to go to school, and choose not to learn a skill, then factory life might be your calling.

 

[Howboutthemdawgs]

Could our able-bodied welfare recipients make a few t-shirts? If you choose not to go to school, and choose not to learn a skill, then factory life might be your calling.

Fine with me but…because of our minimum wage, healthcare, overtime, other bs we would pay $28 for a shirt either way.

 

[BenA]

I'm all for subbing out work to countries that can do it cheaper because of their lower cost of living wages (or whatever they want to call it). But, when those countries don't have to rely on us for something and they become more advanced, then I worry about our place in the world. We need to stay on top, and China, India, and the east are approaching if not passing us in technology advancements.

 

[jsasker007]

Luckily I have enough T-shirts to last me awhile. Trying to correct 36 trillion dollar deficit isn't going to be all fun and games. Had to happen sometime. Should have never let our country get so far in the hole to begin with and no one else had the balls or common sense to do anything about it because it's not going to be super popular with the people. Especially people that don't understand how to manage money or how to go to work. jmho

 

[Mortenson]

Yeah I'm not so worried about t-shirts, but more the chips and tech stuff.

 

[jsasker007]

See if Warren Buffet pulls the trigger now and buys up stocks at a huge discount. Unfortunately this is where the rich will get a lot richer.

 

[bwoods11]

Vietnam is in a tough boat here. I think they will lower tariffs to next to nothing. They need American “sweat” shops unfortunately!

China, I’m not sure.. but they never follow through on their trade deals !

I think the goal is for other countries to reduce tariffs to 10% or less . USA will keep tariffs at 10% across the board, maybe 20-25% on autos ?

That’s just my gut prediction!

 

[Howboutthemdawgs]

My gut prediction…dems destroy the Republicans in the midterms. Gonna suck but people are not happy with the direction of the economy. I think there’s going to be a sense we tried the other way and it wasn’t pleasant. Right or wrong.