MAGA MAN (08-13-2018)
When did the Tariffs go into effect? China Tariffs July 6, 2018 DOW was at 24,556. Aluminum and steel tariffs March 23 DOW was at 23,533. Current DOW is 25,187.
Got math? Now we also know that there is not an immediate impact when Tariffs go into effect no matter how shrill the leftist dumbasses get.
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
MAGA MAN (08-13-2018)
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
MAGA MAN (08-13-2018)
Here's the thread title MORON
Anyone speculate why the stock market continues to climb in the face of tariffs?
There's a timeline there...and during that timeline the DOW lost a thousand points. That's not "climbing" is it...
Stop playing stupid or people will begin to believe it's not an act
Lesh (08-13-2018)
From wiki
The Trump tariffs are a series of tariffs imposed during the presidency of Donald Trump. In January 2018, Trump imposed tariffs on solar panels and washing machines,[1] and later the same year, he imposed tariffs on steel and aluminum.[2][3] On June 1, 2018, the United States imposed a 25% tariff on imports of steel, and a 10% tariff on aluminum, on the European Union, Canada, and Mexico.[3]
So aside from your cherry picking bullshit...the OP is 180 backwards.
The Dow DROPPED a thousand points since this tariff bullshit began
It is not as simplistic as you paint it. Beginning in about 2014, foreign reserve banks needed to start holding fewer dollars in reserve because oil price began dropping and oil trades in dollars. Add to that something people do not realize--a lot of those mega-balance offshored profits of US companies actually do get routed back into the US markets via investments that appear to be foreign investments but are actually domestic investments washed through these shell companies.There have also been a few things going on about Asia that has sent money back our way, notably a slight depreciation of the chinese currency and some adjustments in regulations that had previously limited Asian insurance companies from establishing foreign reserves now being loosened (i.e. they can now invest in the US markets instead of their own respective domestic markets).
Foreign investment does not necessarily stimulate the economy. The availability of more dollars overseas due to the lowered oil prices does not require that foreign investors get their dollars from new trade. They can get them from the surpluses no longer needed still being held by those reserve banks.
Truth Detector (08-14-2018)
Truth Detector (08-14-2018)
Based on that criteria, Obama was a genius given the Market rose close to 13,000 higher while he was in office, and he started facing a historical recession unlike Trump who was handed a climbing economy on his first day
Do you think this good ole boy above is going to recognize Obama's accomplishment based on his own criteria?
No….I am saying THIS CURRENT ECONOMY is not based upon a false bubble like the crash in 2008. The economy would crash before the stock market which would in turn have every investor make a run at Wall St. You know.....having the mule pull the plow. The reason the market is basically static is because the economy is holding it steady in spite of the fear mongering from the press. Why? Because the US is the greatest economy on earth and can basically dictate to the other dependent nations that could not have any resemblance of a good economy void of the US MARKET. Its not rocket science.....it just proves that Capitalism is far superior than the idiot based Keynesian plan used by the dimwits.
Obama attempted to use Keynesian Economics in the recovery under his watch....what happened? The slowest recovery since the great depression......and the only administration that did not have 1 year of a GDP at least in the 3% range....the 1st time in history. That's some economic intelligence reflected there...no?
Truth Detector (08-14-2018)
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