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.
Better yet, Trump got the markets to accept the concept of a baseline tariff (entry cost to access the greatest market in the world), while having more on China. Despite all this markets are soaring. Will be bumpy in the short term but long term it will blow through established highs.
Then trash drop shippers still lose their de-minimus exception protecting American manufacturers.
But soon we will see "EMPTY SHELVES"!!!
zitothebrave
Connoisseur of Minors
I literally have shared places that have had price increases because of Trump Tariffs, one of the companies I buy D&D supplies from has a container in china that is waiting to be shipped but they're not paying tariffs that high on.
Sure thing - I totally believe you.
Eventually it will show through the data. The baseline tariffs are here to stay.....
One day the panicans will be right.
zitothebrave
Connoisseur of Minors
It is in the data, our economic growth has slowed. And it isn't showing signs of getting better. It will if Trump didn't fuck everything up. So returning to baseline will improve the economy. Shocker that things get better when you lower the tariff on our number 1 trade partner from over 100% to 34%.
'Growth' slowed because imports were frontloaded. Whoops - Those will have to be sold at near liquidation prices or else there will be risk of spoil. Thats what happens when you try to game the system.It is in the data, our economic growth has slowed. And it isn't showing signs of getting better. It will if Trump didn't fuck everything up. So returning to baseline will improve the economy. Shocker that things get better when you lower the tariff on our number 1 trade partner from over 100% to 34%.
In addition, when you stop government spending (Thanks to DOGE despite some panicans claiming it was a waste - TDS STRIKES AGAIN!) that is also a reduction of GDP.
There were tons of indicators in the GDP report that were extremely positive and bullish on the future which is why many outlets increased their forecasts for Q2. So your idea of 'isn't showing signs of getting better' is so laughably off base its fitting that it came from you.
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