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well our economy is good . the markets leverage that i warned about and had me decide to go from 50 to 40% equities was a different issue and a correct view as it turned out .
What happens in reality we will see soon enough but I wouldn't put much faith in this "rally", the S&P500 just seems to be having a lot of trouble breaking the 2730 resistance level, it's just gone up and down in the 2700-2730 band, that does not signify a good upward trend.
markets are rallying actually... one of the most dysfunctional markets i've seen.
rooting against this market is going to drive you mad my friend. In short time this market will implode but not until the economy starts to tank..till then, you are trying to push a mountain with a feather.
Chinese impose 25% import fee on our cars, we assess 2.5%!
American company can't even own their own factories there! As I previously posted the Chinese require IP transfer in order to manufacture there!
It's total BS. It's gutted the US ability to export. China currently enjoys an almost $400,000,000,000 trade SURPLUS with the US. That is over 20% of US GDP.
How many non American car companies manufacture vehicles in the US?
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