TEVA moving its HQ to North NJ (costs, place)

[1ondoner]

While I wouldn't put much emphasis on a single data point, the unemployment rate ticked up because more people joined the work force. the numbers of those who had given up on finding a job or were not interested in looking for a job increased. This is good in a way because it puts a damper on wage inflation, employers don't have to bid for employees.

Originally Posted by kyb01

The unemployment rate has ticked up over the last month.

China lends us money to buy their junk. If they stop lending us money, we won't import as much. The borrowing funds our trade deficit.

Originally Posted by kyb01

What leverage? China holds our debt, remember.

I don't think the market is going to crash soon, unless you know of something that we do not know. As long as we can borrow and someone is willing to lend us money, we good.

Originally Posted by kyb01

The Fed will raise interest rates. Earning will drop because of the trade war. The market will crash.
Not tomorrow but next year.

[kyb01]

Originally Posted by 1ondoner

While I wouldn't put much emphasis on a single data point, the unemployment rate ticked up because more people joined the work force. the numbers of those who had given up on finding a job or were not interested in looking for a job increased. This is good in a way because it puts a damper on wage inflation, employers don't have to bid for employees.





China lends us money to buy their junk. If they stop lending us money, we won't import as much. The borrowing funds our trade deficit.



I don't think the market is going to crash soon, unless you know of something that we do not know. As long as we can borrow and someone is willing to lend us money, we good.

Well, yeah, I know something just like you do: the tax cuts( which have not and/or won't trickle down), the ballooning fed deficit and something most Americans have never experienced, a full blown trade war. Weeee.... Gonna be lots of fun!

And kinda OT. Fed Reserve Banks do not seem to be releasing any Mnuchin paper money in to circulation. He's been Treasury Secretary since 2/17.

[eliza61nyc]

Originally Posted by kyb01

I actually had to look Bunch up because, as a general rule, I don't read the Inquirer very often.

I'm much more interested in what Paul Krugman or Angus Deaton have to say. Or the late Elinor Ostrum.

Lol. I did too, I always chuckle when someone says you are "communist ", "socialist", or any other "ist" for no other reason than you don't agree with them.

Anyway back to Teva, I'm not hugely concerned as I do agree with the sentiment that it probably was not worth what they would have had to offer to keep them.

If not a recession, I definitely think a market correction is due.

[southbound_295]

Originally Posted by kyb01

Well, yeah, I know something just like you do: the tax cuts( which have not and/or won't trickle down), the ballooning fed deficit and something most Americans have never experienced, a full blown trade war. Weeee.... Gonna be lots of fun!

And kinda OT. Fed Reserve Banks do not seem to be releasing any Mnuchin paper money in to circulation. He's been Treasury Secretary since 2/17.

I remember, decades ago, adults being relieved that a trade war was ending. After that, countries started looking at making trade agreements & trade alliances.

The idea of multiple trade wars on multiple fronts is horrifying.

[Pilot1]

Originally Posted by southbound_295

I remember, decades ago, adults being relieved that a trade war was ending. After that, countries started looking at making trade agreements & trade alliances.

The idea of multiple trade wars on multiple fronts is horrifying.

Not when you've been losing all of the trade wars for over fifty years. There is no place to go but up with trade with the EU, and Asia. They've been eating our lunch almost since WWII. Also, it is time they pay there fair share for NATO, or we should just pull out.


Any of you ever involved in international business, and foreign trade?

[1ondoner]

I like the way you are parroting when you've been losing all of the trade wars there is no place to go but up. Well, we'll soon find out.

Most of the US trade agreements are written to favor corporations. It just happens that they also favor countries with cheap labor costs. Labor is a big component of cost and this is the main reason jobs are moving overseas. One way to address the trade imbalance would be to reduce costs in the US. Trade wars will just pass the extra costs to consumers and also make our exports expensive.

It doesn't help that the US dollar is strengthening therefore making our exports more expensive and our imports cheaper. Weakening the US dollar is probably a better way of reducing the trade imbalance, this has been China's strategy of propping its exports.

Originally Posted by Pilot1

Not when you've been losing all of the trade wars for over fifty years. There is no place to go but up with trade with the EU, and Asia. They've been eating our lunch almost since WWII. Also, it is time they pay there fair share for NATO, or we should just pull out.


Any of you ever involved in international business, and foreign trade?

[southbound_295]

Originally Posted by Pilot1

Not when you've been losing all of the trade wars for over fifty years. There is no place to go but up with trade with the EU, and Asia. They've been eating our lunch almost since WWII. Also, it is time they pay there fair share for NATO, or we should just pull out.


Any of you ever involved in international business, and foreign trade?

You must not understand what a trade war is. I have a vague memory. It's been decades since we've been in an outright trade war. Trade agreements are complex, not sound bite agreements.

[kyb01]

Originally Posted by eliza61nyc

Lol. I did too, I always chuckle when someone says you are "communist ", "socialist", or any other "ist" for no other reason than you don't agree with them.

Anyway back to Teva, I'm not hugely concerned as I do agree with the sentiment that it probably was not worth what they would have had to offer to keep them.

If not a recession, I definitely think a market correction is due.

Correction is long over due. It will ugly when it happens.

[kyb01]

Originally Posted by southbound_295

I remember, decades ago, adults being relieved that a trade war was ending. After that, countries started looking at making trade agreements & trade alliances.

The idea of multiple trade wars on multiple fronts is horrifying.

All we can do is wait out whatever happens.

[kyb01]

Originally Posted by Pilot1

Not when you've been losing all of the trade wars for over fifty years. There is no place to go but up with trade with the EU, and Asia. They've been eating our lunch almost since WWII. Also, it is time they pay there fair share for NATO, or we should just pull out.


Any of you ever involved in international business, and foreign trade?

"Their" not "there".

Investments? Yes, I have been involved in international business.