over9k
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Another very red night. Another complete lack of surprise.
Trump Era 2025-2029 : Stock and Economic Comment
- Thread starter Garpal Gumnut
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Looks like Trump has confirmed 104% tarrifs on China lmao
over9k
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Why markets were surprised by this I don't know.
Dona Ferentes
Did the Thessalonians write back?
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Musk called Navarro a "moron" , and "dumber than a sack of bricks."
In response to being called a "car assembler."
In response to being called a "car assembler."
Dunno why they resort to name calling... beats rcw1, perhaps they both need a rum ha ha ha ha ha ha ha and lots of it ha ha ha
Kind regards
rcw1
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Excellent. Division within the ranks leads to more chaos and volatility.
Last time it was Vivek and he ended up being dismissed. Will the same happen to Elon?
over9k
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Nah, elon has his ear.
More squabbling means more instability means more market turmoil though
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but then the EU probably doesn't have the cash in US dollars either ( without borrowing or delaying other payments )$350 billion.
So at current prices that's 5.8 billion barrels of crude oil or it's 31.8 exajoules of LNG.
It'd be somewhat amusing if the EU said yep, OK, and we'll take physical delivery of that right now.
The US simply doesn't have that on hand, at least not at the moment they don't.
over9k
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Meanwhile, all the technical indicators like failure to return to the 50 day EMA etc have now been breached so we'll now see if all the propellerheads start dumping their positions in fear etc.
Spy futures are 1.7% into the red 30 mins after close.
Spy futures are 1.7% into the red 30 mins after close.
over9k
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Also, on this topic, remember back at the start of trump's first term when he just kept dismissing people (and even dismissing their replacements) almost constantly? Or they'd just quit in frustration?
E.g https://www.theguardian.com/us-news/2025/feb/28/defence-secretaries-letter-trump-firings-military
There was literally dozens of dismissals/resignations by the time it was all over.
So yeah. Trump isn't going to hesitate to turf people that aren't doing what he wants them to.
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Ah Mr @qldfrog I am most certainly aware of all the points you raise. For Me and She we could sell our farms tomorrow and not have a worry in the world ever again.
My concern/fear is for the next generation of farmers perhaps in their late 20's/30's. It may be a chosen way of life for them as it was for us, but we lived in the good times, this is now a very different scenario.
I may be set in my way of thinking and even perhaps farming, but for me gazing into that cracked crystal ball the picture is not that rosy.
Amen
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it was green early in the trading day over there , which mildly surprised me , at the time
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And Tr
Dow was a 1000 points up before I went to bed. Stunning turn around. China will match the Americans with 104% tariffs on them and the escalation will continue. See who blinks first.
Knobby22
Mmmmmm 2nd breakfast
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He has blinked a bit. It's going to be targeted.
Some things the USA needs they don't make.
China is licking its lips. The deals made by Biden with Japan, South Korea and Europe to limit China will likely be breached.
Why back down? Xi will only get one Trump in his lifetime
Donald Trump has threatened China with another 50-percentage point increase in tariffs unless it removes its own tariffs.
Garpal Gumnut
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This tariff hoo ha is getting just a bit overdone in relation to markets. Past Democrat presidents have imposed tariffs on China and each administration has been burdened by China swamping the US with cheap goods. They do it to Australia as well. Trump is just being Trump. China is China and Australia has Albo and Dutton, what a choice !
The US markets have been trading on unrealistic p/e's for the past 18mo. to 2 years. A correction was imminent. We now have it. I might change my mind about sitting this out and consider buying US stocks should they drop just a bit further.
Everyone just needs to calm down. There may be a recession for a short period of time but a crash ... no, nor a depression... no.
gg
The US markets have been trading on unrealistic p/e's for the past 18mo. to 2 years. A correction was imminent. We now have it. I might change my mind about sitting this out and consider buying US stocks should they drop just a bit further.
Everyone just needs to calm down. There may be a recession for a short period of time but a crash ... no, nor a depression... no.
gg
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if really pushed i would expect China to stop all ( direct ) trade between China and USHe has blinked a bit. It's going to be targeted.
Some things the USA needs they don't make.
China is licking its lips. The deals made by Biden with Japan, South Korea and Europe to limit China will likely be breached.
Why back down? Xi will only get one Trump in his lifetime
Donald Trump has threatened China with another 50-percentage point increase in tariffs unless it removes its own tariffs.www.theage.com.au
watch for China to decrease it's holdings in US dollar denominated debt ( and obviously bonds )
will there be 'ghost trade ' ( trade through intermediates ) most likely , at least in the near term as the US re-routes supply chains
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i think there is a ( real ) recession already ( in most of the developed world ) will it tip into a depression ?
i will try to plan for that possibility ( crash and/or depression )
Garpal Gumnut
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Would the have the logistics to move that amount of gas, from the U.S to Europe?$350 billion.
So at current prices that's 5.8 billion barrels of crude oil or it's 31.8 exajoules of LNG.
It'd be somewhat amusing if the EU said yep, OK, and we'll take physical delivery of that right now.
The US simply doesn't have that on hand, at least not at the moment they don't.
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If China did that, it would definitely accelerate the whole process, the U.S as per Musk's quote, would probably open a free trade agreement with the U.K and Europe.
This would further wedge China, to having to trade with the affiliated BRICS countries, to move the oversupply of inventory for less money.
Interesting times.
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