Posted on 01/18/2019 10:00:37 AM PST by central_va
This morning, Dow Jones Industrial Average Futures Trading predicted a gain of over 130 points for the index at market opening . The US stock markets have been buoyed by news that trade tariffs could be eased or even rolled back.
(Excerpt) Read more at ccn.com ...
I thought MAGA was supposed to put Main Street first ahead of Wall Street. I guess I was hoodwinked again.
Last week it was H-1B.
Quit stabbing your base in the back, is that asking too much?
Sorry, but at this level of the Dow, 130 points isn’t a rally, it’s a blip.
Well, this is old news! The DOW just went through 360 as this is being written.
If a China trade deal can be reached that would be great news. We shall see.
Now THAT's a rally. A small one, but still a rally.
Its’ lingering around 332 at the moment.
The Dow popped yesterday when the news of Trump’s cancellation of Pelosi’s junket broke, and it’s been popping ever since. Maybe a coincidence, but still...
What deal? We need to a tariff them until they open their markets COMPLETELY! No other ‘deal’ is acceptable.
Trump is giving in all over the place. I feared this. He will cave on immigration, H1-B , trade, everything all to get a measly couple of billion for a wall that should be non partisan. This is why I am so cynical and have little hope for the future.
Yep, the media was prediction a depression killing women and children due to the China tariffs. Trump said to hang in there, and now he is proven right and god for America again. Smoke that Nancy.
god = good, but a funny hurried misspelling.
Like you I look at the future and see pretty bleak outcomes.
Outcome A: CW 2.0
Outcome B: Occasional-Cortex fans become a working electoral majority within about a decade.
Not pretty either way.
Trump is the deal maker. He redid NAFTA and has an opportunity to redo trade agreements with China. Trump is using tariffs as leverage to get a better deal with China.
Tariffs are a means to an end not an end in and of itself.
Lets hope Trump gets it done.
The stock market boost might have something to do with this:
I’ve looked at free trade vs. fair trade til I’m blue in the face.
My question(s) is purely out of ignorance.
I always wondered why we haven’t restricted Chinese imports to the dollar amount of what we export to China.
Pros\Cons ?
thanks.
Main Street is not as stupid as the globalist and Wall Street and Goldman Sachs think.
Because our government has been bought off buy the ChiComs, Their is no other explanation.
How does one break a China habit cold turkey?
A 20% across the board import tariff.
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