Trump Presidency Round 2

GATTACA!

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Irish#1

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Do we think Bishop will ever tell us about those heavy tariffs?

I also need to have Irish#1 give us his stock picks. He sees something every economist, analyst, and investment fund doesn't see. Could be something ground breaking.

It should be easy to explain it.
Okay Mr. Smartest Man in the Room. Show me where I said I supported the tariffs. Better yet, let me save you the time, because I didn't. I said they aren't a good idea. As far as speculation, this isn't hard to figure out. Trump is imposing tariffs and the market is reacting before things play out. We've already seen some countries say they are eliminating their tariffs. Can we wait and see what happens next?
 
C

ColoradoIrish

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Okay Mr. Smartest Man in the Room. Show me where I said I supported the tariffs. Better yet, let me save you the time, because I didn't. I said they aren't a good idea. As far as speculation, this isn't hard to figure out. Trump is imposing tariffs and the market is reacting before things play out. We've already seen some countries say they are eliminating their tariffs. Can we wait and see what happens next?
He didn't say you supported the tariffs. What happens next appears to be another 1000 point drop.
 

TorontoGold

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Okay Mr. Smartest Man in the Room. Show me where I said I supported the tariffs. Better yet, let me save you the time, because I didn't. I said they aren't a good idea. As far as speculation, this isn't hard to figure out. Trump is imposing tariffs and the market is reacting before things play out. We've already seen some countries say they are eliminating their tariffs. Can we wait and see what happens next?
We know what happens next. That’s why the market is reacting and that’s why nearly every economist/analyst is saying it’s a bad idea.

I’ll ask again, what is the market missing that you think will happen. What results are you projecting that the market isn’t.
 

BuaConstrictor

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Trump is imposing tariffs and the market is reacting before things play out
I have already covered how this is NOT true. You keep saying the above...but...
"Part of the market drop on Friday was actually due to "results". The market was reacting to the Chinese announcing their new tariffs against the US..which were a direct result of Trump's tariffs."
We've already seen some countries say they are eliminating their tariffs.
..Do you understand anything about this situation? Seriously. In the last 72 hours Trump/his admin have said:
1. The tariffs are permanent. They aren't going away. You also had our biggest trading partners(China/EU) respond with tariffs, not get rid of them...also see the note about Israel and Vietnam above.

2. Trump has bragged about the amount of money they are bringing in.....therefore...if part of the tariff's logic is to be a replacement for income tax base...a country reacting to the tariffs and getting rid of theirs would do nothing since Trump has already said they are sticking around.

3. Trump doesn't understand what a trade deficit is. Even if a country removes their tariffs and we still have a trade deficit with them Trump has OPENLY SAID THAT HE WON'T BE GETTING RID OF THE TARIFFS. He has actually proposed that the EU pay us reparations.

Your illiteracy on this subject is unbelievable.
 
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BuaConstrictor

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..and as soon as this announcement comes out..the market bumps back up a bit...

I'm sure Irish#1 will have no problem with this speculation!
 
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