There's a lot of froth that still needs to come off the top of the market. From 2009 to the top we had about a 5-6x gain in the dow. Crazy stuff really. I'm trying to figure out if the good times are over or this is just another blip.My pick of 7600 wasn't lightly taken. You mentioned an article that led you to 5000, I know somewhat jokingly but still.
We haven't seen capitulation yet.
And this is how the Great Depression started. It could still be avoided easily but at present...
Worst case scenario, Europe, UK, Canada, Japan etc. do tariffs of their own to punish, USA doubles up.
I'm worried it might be CBDCS worst case.With what though?
Or it's a negotiating tactic. Let everyone else know you are more than willing to throw the baby out with the bathwater if they won't give you what you want.12.27 am here in Queensland and I've been watching CNBC US Squawk on the Street as the US market is now in official bear territory. It is incredible what lack of knowledge there is of countries outside the US and the reaction to retaliatory tariffs from China. China is being blamed, and their solution is all internal via Congress, the Fed and the world "understanding" the US position.
The US has lost not just financially from electing a moron who introduced tariffs, poorly estimated, contrary to economic advice and with impunity on former close friends.
America just doesn't get it.
Their solution iss similar to that of their gluttony leading to weight gain. Rather than lose weight by cutting back on calories and exercising more, they go for a market solution via a drug in short supply for diabetics who need it for their health.
Good night America.
gg
Plastics are petroleum based. The yanks are now oil independent.No one outside of the US is going to buy a plastic bucket from the US that costs $8 because of the tariffs and labour costs, when they can buy a Chinese one for $5. Most of their raw materials come from outside of the US, so whatever they make is going to cost them more and it multiplies by every time they buy raw materials that have tariffs on them.
I want to see the general Chevy diesel truck driving American work at the same rate as people from a third world country.
The products that were consumed by the US will be directed at other countries, most likely at a cheaper rate.
Mexico does. Mexico is a very young country and it's right next door - hence they can plumb oil pipelines across the border, build railways across it, so on and so forth.well since they don't have the worker-base of India or China ... not soon enough , then you have the crumbling bridges and rail-lines
Australia has to opportunity to ride some coat-tails here but probably won't
More instability/less certainty. Hence the military buildouts.With what though?
Abysmally. AI is a program like any other.In terms of Trading Patterns/strategies on the various exchanges, Forex Markets, Derivatives etc.
How would AI platforms respond to the current situation ? The inputs are completely outside any experience they have been given. The worlds biggest Trading Nation starting a trade war with everyone else. The impacts on trade, industrial production being massive but outside any historical record (except perhaps 1930 Smoot - Hawley Tariffs ?)
Just wondering how these platforms will respond and if they go on automatic.
Anyone know more about this possibility ?
Mentioned this a few posts back. Credit spreads are the best indicator of general sentiment.Credit markets may give a warning
This is what I mentioned earlier - who's going to give in/crack first?Worst case scenario, Europe, UK, Canada, Japan etc. do tariffs of their own to punish, USA doubles up.
Also this. Markets were way ahead of themselves IMO.There's a lot of froth that still needs to come off the top of the market.
And the AUD is below 60!AUD now below 60.1 USD.
Sub 60 before close looking likely.
Yes. The rest of the world's products will be less expensive countering the tariffs. The USA people will be the main sufferers as prices rise.Meanwhile, currencies across the world are PLUMMETING against the U.S dollar, a dead giveaway that these tariffs are not the footshot a lot of people are claiming they are.
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The yanks/trump are dealing from a position of far greater strength than people realise.
Please please please please stop thinking that trump is stupid.
Don't know how he's going to throw a war when he's defunding their nato commitmentsYes. The rest of the world's products will be less expensive countering the tariffs. The USA people will be the main sufferers as prices rise.
There are other real dangers.
A war might be a useful distraction and allow Trump some freedom from constraints of Congress and the House so he can keep this insanity going.
Any Republicans in particular that resist will automatically be traitors who must be dealt with.
I am picking Iran.
Oil, in USD, is plummeting.The USA people will be the main sufferers as prices rise.
Oli is plummeting because a recession is coming.Oil, in USD, is plummeting.
With oil being the primary energy input into, you know, everything, they're likely to see price DROPS in a lot of domestically produced goods.
Long overdue, but then are we talking regular recession or "technical" recession?Oli is plummeting because a recession is coming.
Never a good thing. Serious recession, long unemployment queues, etc. Worldwide but particularly in the USALong overdue, but then are we talking regular recession or "technical" recession?
Nah, often a good thing.Never a good thing. Serious recession, long unemployment queues, etc.
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