Economics Thread
- Thread starter sturg33
- Start date
sturg33
I
What are you seeing otherwise? I see china and US both reduced their tarrifs substantially and agreed to keep working towards something eventually.
This past 6 weeks have been the biggest waste of time
chop2chip
Well-known member
I sold quite a bit in January. Stepped back in during the dip, but not near as much as I could have.
I am glad Trump and team tactically retreated. They created the leverage they needed to win some concessions in talks (I still don’t understand what people think this means) and they definitely created an urgency for businesses to diversify their supply chains. All this should have been avoided, but at least he didn’t burn the boats.
I am glad Trump and team tactically retreated. They created the leverage they needed to win some concessions in talks (I still don’t understand what people think this means) and they definitely created an urgency for businesses to diversify their supply chains. All this should have been avoided, but at least he didn’t burn the boats.
Tapate50
Well-known member
One of the biggest things is to be able to hold them accountable imo. The second is leveling the field
I haven’t read the details and I’m not sure they are locked in yet, are they?
sturg33
I
there's nothing to hold them accountable to. there is no deal here. all that happened was US agreed to move their tariffs from 145% to 30%, and China agreed to move from 120% to 10%. No manufacturing brought back to the US. And this is just yet another "90 day pause" which still breeds uncertainty for businesses on what the long term looks like
China called the bluff and Trump backed down. Now whatever negotiation power was there is gone
sturg33
I
How much do you buy/sell? I typically am always net long. I have one substantial trading account but even those I'm mostly just trading options.
chop2chip
Well-known member
I’d say I’m similar to you. I auto-buy a variety of investments on a schedule and usually never sell unless I need to make a large purchase. After the Trump election rally my portfolio got to 80% equities / 20% cash + bonds. I’ve been trying to rebalance my portfolio closer to 60 / 40. I did a lot of that in January. After the markets crashed and it became glaringly obvious that either Trump was going to walk back tariffs or Powell was going to print, I limped back in.