Originally Posted by
Teflon Don
It is an interesting phenomenon isn't it? Everyone has screamed calamity while President Trump is trying to reset the trade imbalance that exists in the world. Germany wants to be free to sell its cars here but puts barriers to the US selling our cars there. That is not free trade.
As the stock market discounts the future, one would think that if the market thought that these tariffs would have negative consequences for the US economy we would be seeing a massive decline in the stock market
However, it has been slowly inching up. Can anyone explain why?
I think I know, but want to hear others input first.
Liberals, here is your chance to wow us with your financial acumen. You aren't being thread banned so please take advantage of this rare opportunity
I'm PREsuming at least in part, many companies are buying back stock which makes them CASH rich (and NOT NECESSARILY INVESTING in new equipment, expansion, hiring more employees, etc.--just holding their profits). And shareholders love cash-rich company stocks. And when they get cash-rich, don't they up dividend distributions? And don't those who get the distributions buy MORE stock, hopefully, in the same company?
But then again whatta I know, I was a PSYCH major.
PS Do you know how many American EMPLOYEES own company stock? About 8%! That's about half of the # of employees who held company stock in 1999. See a pattern here?
Last edited by Centerleftfl; 08-13-2018 at 10:32 AM.
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