Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Mainstream economists are terrible. Obviously China would just increase the subsidies to its companies and eat the tariffs. Losing marketshare isn’t an option for them. It’s free money for the treasury.
Hack “economists” like Krugman and countless others said we would be in a recession if Trump was elected. DJIA was at around 17,000 at the time, now we are at 27,000 (60% increase!).
This is the best I’ve seen the economy and things in general in my adult working life, its a great time to be in the labor force, capitalism is roaring and it’s a beautiful thing to see. Democrats are offering impeachment and socialism, that’s a hard pass for me on both.
Lots of distractions going on to cover for the real reason equities are off to the races. $120+ billion or so being pumped into the repo markets by the Fed on a daily basis now. $60 billion in treasuries being purchased by the Fed on a monthly basis. Hardly a peep out of anyone with what the Fed is doing behind the curtain......
Add another rate cut soon into the mix as well as an announcement of another "official" easing program. More info can be found on the "easing" here:
Mainstream economists are terrible. Obviously China would just increase the subsidies to its companies and eat the tariffs. Losing marketshare isn’t an option for them. It’s free money for the treasury.
Chinese companies don't pay the tarrifs, importers do.
And importers were beginning to turn to suppliers in other countries.
Hack “economists” like Krugman and countless others said we would be in a recession if Trump was elected. DJIA was at around 17,000 at the time, now we are at 27,000 (60% increase!).
This is the best I’ve seen the economy and things in general in my adult working life, its a great time to be in the labor force, capitalism is roaring and it’s a beautiful thing to see. Democrats are offering impeachment and socialism, that’s a hard pass for me on both.
Someone should gather all of krugmans gloom and doom statements about Trump. Always wrong
Ya know what I like. (and I like almost nothing about Trump)
Supply chains are being moved out of China.
If nothing else, it is sending them elsewhere. I prefer the US, but failing that... Heck Ill even take Viet Nam.
China owned companies are moving manufacturing to other Chinese stronghold countries. And the profits sti go back to China, they are playing a shell game and it seems to be work on you.
Lots of distractions going on to cover for the real reason equities are off to the races. $120+ billion or so being pumped into the repo markets by the Fed on a daily basis now. $60 billion in treasuries being purchased by the Fed on a monthly basis. Hardly a peep out of anyone with what the Fed is doing behind the curtain......
Add another rate cut soon into the mix as well as an announcement of another "official" easing program. More info can be found on the "easing" here:
Bing bing bing. There is a lot of money being pumped in to juice this economy. Honestly how long can extremely low rates and heavy borrowing last? That is the golden question.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
