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Old 05-31-2019, 07:50 AM
 
Location: Kansas City, MISSOURI
9,005 posts, read 2,767,493 times
Reputation: 6959

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There goes 25,000 AGAIN!
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Old 05-31-2019, 07:58 AM
 
Location: alexandria, VA
9,620 posts, read 4,394,331 times
Reputation: 5365
Quote:
Originally Posted by James Bond 007 View Post
There goes 25,000 AGAIN!
I tell you, all this "winning" is starting to hurt.
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Old 05-31-2019, 08:00 AM
 
Location: Florida
63,304 posts, read 34,497,942 times
Reputation: 10556
Quote:
Originally Posted by r small View Post
I tell you, all this "winning" is starting to hurt.
Its a "win" every time it breaks 25K, so we have won 8-9 times already.
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Old 05-31-2019, 08:10 AM
 
7,323 posts, read 1,650,703 times
Reputation: 3969
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Old 05-31-2019, 08:10 AM
 
Location: SE Arizona - FINALLY! :D
19,875 posts, read 22,833,435 times
Reputation: 7192
And this is from one of the few entities who have been willing to loan Trump money. I'd guess they are re-thinking that now:

"President Trump’s trade battles are costing the U.S. stock market $5 trillion and counting, according to Deutsche Bank.

Given the bulk of equity returns come from equity price appreciation, in an escalated trade war with China and now Mexico, the U.S. is losing trillions of dollars in foregone returns as markets sink on the negative headlines, the bank said Friday.

“The costs of the trade war in our view are about its indirect impacts,” said Deutsche Bank chief strategist Binky Chadha in a note to clients. “The trade war has been key in preventing a recovery in global growth and keeping US equities range bound. Foregone US equity returns from price appreciation (12.5% annual rate) for 17 months are worth $5 trillion.”..."


https://www.cnbc.com/2019/05/31/trum...sche-bank.html

Ken
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Old 05-31-2019, 08:16 AM
 
Location: Living rent free in your head
31,236 posts, read 13,723,789 times
Reputation: 22297
Quote:
Originally Posted by Finn_Jarber View Post
Yep........-300
make that down 312
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Old 05-31-2019, 08:25 AM
 
Location: Living rent free in your head
31,236 posts, read 13,723,789 times
Reputation: 22297
ruh roh...

Quote:
Senate Finance Committee Chairman Chuck Grassley (R-Iowa) condemned President Trump's new tariffs on Mexico late Thursday, calling the move a "misuse" of presidential tariff authority and cautioning the levies could derail passage of the United States-Mexico-Canada Agreement (USMCA). https://thehill.com/homenews/senate/...iffs-on-mexico
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Old 05-31-2019, 08:27 AM
 
Location: Florida
22,451 posts, read 9,552,530 times
Reputation: 18331
This little tariff tantrum is a bit of a boner move. So far, nobody supports it, including Trump's senate GOP devotees. In fact they appear shocked. Mnuchin is obviously a potted plant at this point.

Right about now Grassley, et. al. are probably thinking about all those failed Trump businesses...
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Old 05-31-2019, 08:34 AM
 
434 posts, read 467,533 times
Reputation: 221
OP will come back when there is a 200 points gain.
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Old 05-31-2019, 08:39 AM
 
Location: Western PA
3,592 posts, read 4,944,377 times
Reputation: 2844
Trump has no idea what he's doing. And where is the Congress in all of this? The Democrats can't get anything through the Senate and the Senate has rolled over and is silent about all of Trump's disasters. Trump may be able to maneuver like this in all his failed businesses "deals," but governing and policy and working within the government are totally foreign to him. Out country is in crisis and it's only going to get worse.

Oh, and I loved the Mexican president's dignified language in calling out the orange one. How nice it must be to have sanity in a president.
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