Skip to comments.Dow Jones Futures Rise On Trump China Tweets; Keep Eye On This Tech Group
Posted on 05/13/2018 5:36:56 PM PDT by John W
Dow Jones futures today rose modestly vs. fair value, along with S&P 500 futures and Nasdaq futures. President Donald Trump tweeted that it "will all work out" on U.S.-China trade. He also tweeted that he wants to help China's ZTE "get back into business, less than a month after the U.S. banned domestic companies from selling components to the telecom gear giant. That could be good news for U.S. optical stocks such as Oclaro, Finisar, Acacia Communications and Lumentum Holdings which also is an Apple iPhone supplier.
(Excerpt) Read more at investors.com ...
I was one of the first on this website, to support Donald Trump.
I really appreciate the job he’s doing, for America, and for Americans.
I get that. He is awesome. He is standing up where nobody else did, for the entire last GENERATION.
He is doing a fabulous job so far.
That said, China is taking us to the cleaners. Everyone.
I am not incredibly enthused about this. Trump, you have been all alone for so long, you might be a tad lonely out there. But it is where (someone) needed to be, for a very long time.
Don’t sell us out.
Everyone else has, for so long, but don’t you go soft on us.
China is where Japan was in 1985. They have a little less scruples than Japan did, but not by much. Their crony capitalism and race to the bottom will lead to collapse. There’s no need for us to do anything except watch.
I (strongly) disagree.
China now dominates a number of major manufacturing segments.
Computers. Phones. Tablets. They manufacture many more automobiles than America.
Ever go to Walmart anymore? Almost EVERYTHING there which is manufactured anymore is from China.
No we do not need to continue to do the same thing both political parties have been doing for the last thirty years.
We need to support American production.
I’m with you: in 1985, everyone was enthralled with “Japan, Inc.,” and nobody was questioning a business model that was in essence a vast and long-lived pyramid scheme.
China is no different, though on a vastly larger scale, and with no democratic principles to keep their leaders in check when the poo ultimately hits the fan. Then they’ll have the tendency to make war on the nearest scapegoat, and that will be us.
The Chinese seem to intend to take over and monopolize every single industry, and use the proceeds to finance a massive military.
No we do most definitely not want to ignore this threat.
Not at all.
Yeah. I’m hoping there’s a lot under the surface with his ZTE dealing- pushing for following trade rules, pressure for the NK deal...?
I sure don’t know though. It’s too strange to take at face value IMO.
“Im with you: in 1985, everyone was enthralled with Japan, Inc., and nobody was questioning a business model that was in essence a vast and long-lived pyramid scheme.”
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