Posted on 12/05/2018 9:15:37 AM PST by SoFloFreeper
U.S. equity futures rose Wednesday after Beijing acknowledged the 90-day deadline set by President Trump and Chinese President Xi Jinping to find a solution to the two nations' trade dispute.... ....gains come after the Dow Jones Industrial Average plummeted 799 points Tuesday in a massive equity rout that stemmed from worries...
(Excerpt) Read more at foxbusiness.com ...
Trump and Xi both acknowledge the truce.
Find something else to go feed your panic on, Wall Street and Fake News.
MAGA goes on.
And of course no trading today because of the Bush Funeral.
No mail either!
Even w/Amazon assisting them...still billions in the red so far this year!
Get a little p***** when I see Amazon delivering on Sunday...you know the USPS is getting scr**** because Amazon is using USPS vehicles.
Just think where the markets would be if we had a media that did not run everything through their anti American agenda before printing. The msm is entirely about talking down the economy in the best period of prosperity in decades. The exact opposite of what they did under obama and the study decline of America. Hell, they made is sound like a good thing.
UPS does it much better/cheaper!
No Takers...not pc, apparently!
I find it frustrating that the narrative is that tariffs are bad. Tariffs aren’t bad. We had high tariffs for the first 180 years of our country.
Trade is good, when it’s balanced over the amount of goods, or when you are at full employment and need extra labor, and when it doesn’t make you dependent on the foreign countries.
Trade with countries that have excess labor that result in a trade deficit results in even higher unemployment in the high wage country and the transfer of industries to the low wage country.
> Cramer had a good explanation for the drop... <
No offense meant, but Cramer is great for explaining things that have already happened. As for making predictions for the future...he’s not so good. As you can tell, I’m not a fan.
Oh, and then there’s Leonard the Wonder Monkey. Leonard was a (pretend) monkey who made random stock picks. Leonard beat Cramer consistently, although usually not by much. Cramer sued Leonard’s creator, and got him to stop the comparisons.
But I do admire Cramer, in a way. Like Joel Osteen, Cramer has made a great living out of being a flashy presenter.
(Again, sorry for the rant. No offense meant to you.)
California needs all the Dems in government they can get to truly bury the state.
equity futures gained a little overnight and closed at 9:30 AM EST.
Computer generated Trading ought to be outlawed. Humans would not have dropped the market 800 points the other day.
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