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The liberals are positively gleeful at the thought of China hurting the United States. They don't have to foresight or intellect to realize that without China stealing U.S. patents and trade secrets they'd still be in the dark ages. They don't seem to care that the trade imbalance with China was $420 billion in 2018. The only thing the left can see is the negativity. They have no solutions, only mindless criticism.
It certainly comes across that way.
With Trump as President, it seems the liberals/Democrats gleefully root for America to fail in general.
It's very concerning and highlights the fact they'll "do anything" to get Trump out of office. A shame.
"China's factory activity unexpectedly expanded at the quickest pace in three years "
Quickest pace in three years? Wow, Trump is really putting the hurting on......who?
Maybe the USA????
"U.S. industrial production dropped 0.8% in October, the largest decline since May 2018, the Federal Reserve reported Friday. It was the third decline in output in the past four months. The drop was steeper than Wall Street expectations of a 0.5% fall.
Industrial capacity in use slumped to 76.7 in October. That’s the lowest level in 25 months. three years in November, with solid increases in output and new orders, a private business survey showed on Monday."
It's understandable that Trump cultists live in a fantasy world when it comes to politics, policy, corruption, etc. - but it's hard to truly understand their lack of capacity to count.
Interesting....
"Data released on Monday showed that Chinese industrial production fell in August — that's after hitting a 17-year low in July, just showing how much the trade war is hurting China's economy."
"Despite the increases, Lu Ting, chief China economist at Nomura Securities, said that a similar stronger-than-expected rise in the PMI numbers in March proved to be a false dawn, as the economy continued to flounder in the months that followed.
“We don’t think such a rebound suggests a bottoming out of the economy, as strong growth headwinds remain, especially from the cooling property sector and China’s worsening fiscal situation,” he said"
With Trump as President, it seems the liberals/Democrats gleefully root for America to fail in general.
It's very concerning and highlights the fact they'll "do anything" to get Trump out of office. A shame.
Facts are Factual.
"Liberals", if you include any Americans with financial acumen, know what happens when chaos and corruption reigns. "Liberals" like myself saw the Great Recession coming and made posts like this 2 years beforehand.
Not to say we know exactly what is coming down the pike. But we can count.
You will not find even "conservative" or "Republican" business people (in percentage) saying that Trump trade and chaotic polices are good....let alone "great". So there is that.
Remember your playbook. Always attack the messenger as opposed to the facts. The facts indicate that, since the Trump "tax reform" (more rightly called "Money from Debt and Deficit") the markets have done poorly.
No matter how hard you bend yourself in circles you can't say that the US decline in manufacturing growth and China's increase is due to "liberals". We are in Trump World when it comes to economics.
I can assure you that I'd rather things be better - I am trying to sell a few luxe items (condo, boat) and there are simply no buyers...even with high demand goods. Real Estate actually crashed in Trump's home base (Manhattan) to a level not seen since 2009. That takes some doing...and in this case, the "doing" was the combo of Trumps trade policies, the 2 year lag in the stock market, the retreat of Chinese and foreign buyers and more.
Perfect Storm....but if you have cash in your pocket and want some good real estate you can probably get a deal.
Sorry, since Liberals hold much of the wealth in the USA they certainly don't wish for lagging markets. On the other hand, this is a great way for the "poor forgotten man" to "own" liberals.....since they have little they love it for others (except billionaires) to be brought down to size.
So far stock market is down ~1% today, as of 11:30 AM. New tariffs announced today by Trump is one of the reasons it's down, per market headlines.
I think we need constant reminders that the stock market has averaged long term in the 9-10% range.
Since the start of the Trade Wars and Trump Debt Increases (tax cut), the market has gone from 25,300 to 27,800.
Given that is about two years, the compounded return is 5% per year.
That's why vacation Real Estate and many other such things are suffering. Add to that the Trumps "owning" liberals and blue states by removing the tax deducts for 2nd homes and you have a real mess.
Personally we can afford the loss and/or to hang on. But many are not so lucky....which is why more and more Americans are unable to get ahead.
"Data released on Monday showed that Chinese industrial production fell in August — that's after hitting a 17-year low in July, just showing how much the trade war is hurting China's economy."
"Despite the increases, Lu Ting, chief China economist at Nomura Securities, said that a similar stronger-than-expected rise in the PMI numbers in March proved to be a false dawn, as the economy continued to flounder in the months that followed.
“We don’t think such a rebound suggests a bottoming out of the economy, as strong growth headwinds remain, especially from the cooling property sector and China’s worsening fiscal situation,” he said"
"Data released on Monday showed that Chinese industrial production fell in August — that's after hitting a 17-year low in July, just showing how much the trade war is hurting China's economy."
"Despite the increases, Lu Ting, chief China economist at Nomura Securities, said that a similar stronger-than-expected rise in the PMI numbers in March proved to be a false dawn, as the economy continued to flounder in the months that followed.
“We don’t think such a rebound suggests a bottoming out of the economy, as strong growth headwinds remain, especially from the cooling property sector and China’s worsening fiscal situation,” he said"
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