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I saw that and frankly it makes me question the entire article. What food and beverage products are only made in China? Soy sauce?
Maybe the bottles and cans and caps and paint and labels. Or the equipment used to manufacturer. Or the equipment used to store/ship the product(shrink wrap, conveyors, shipping and storage containers) or the product used to clean.
Then you have the ingredients - some which might come from China and other countries impacted by the trade war.
This is the issue with Presidents running on the stock market. They rarely have tools to raise it without congress help. But you sure can wreak it.
Presidential candidates should just say “I won’t screw it up” and leave it there. It’s is silly to think one man is suppose to keep a system with 100’s of millions of participants rising by themselves.
Then again no one twisted Trump’s arm, he ran on it so complaints are fair.
If you going to credit him the negative, you got to the positive also.
And I did. He gave the economy a temporary bounce with his tax cuts - but it was at the price of raising the deficit spectacularly. Not a good trade - short term gain for long term pain, so it really wasn't much of a "positive".
go look at the chart since trump took over. its done very well and its still near record highs. if you want flat go lack at obamas last couple years after qe was phased out.
Ralph, you're wrong on the facts!
The Market was up 20% 2015 & 2016 (Obama)
It was up ~20% in 2017 (Trump) due to Obama's momentum and Trump not doing anything
Yeah, it's near record highs for what the 10 time in the last 2 years. Again, the Market is exactly where it was 18 months ago.
So, if it goes up tomorrow you'll brag "new market high"
The Democrats spewing all their hate today was only able to move the markets about 1%. yet the S&P500 is up over 20% YTD.
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