Trump Administration Predictions (1 Viewer)

Trump should've stayed with reciprocal tariffs instead of these aggregated numbers.
He was trying to be fair rather then punitive.

Don't you jump on the negativity train also. Just let this play out. Trump's plan is not going to produce instantaneous results and I don't know why you would think it was supposed to. I guess we are so used to instant gratification and sound bites that if the results don't happen within 5 minutes we panic and claim the plan didn't work. Chill. Everybody, just chill.

The plan is actually working pretty well. Over 70 countries have asked to negotiate fair trade as of the last count I heard.
 
He was trying to be fair rather then punitive.

Don't you jump on the negativity train also. Just let this play out. Trump's plan is not going to produce instantaneous results and I don't know why you would think it was supposed to. I guess we are so used to instant gratification and sound bites that if the results don't happen within 5 minutes we panic and claim the plan didn't work. Chill. Everybody, just chill.

The plan is actually working pretty well. Over 70 countries have asked to negotiate fair trade as of the last count I heard.
Is there any evidence you could accept that Trump wants higher tariffs? His actions, words and appointments indicate he wants higher tariffs. Pat, you seem to always come up with an excuse for him. Stocks are down about 20%. What we be your excuse for a recession?

For that matter, have you readied your explanation for Republican losses in 2026?
 
Is there any evidence you could accept that Trump wants higher tariffs? His actions, words and appointments indicate he wants higher tariffs. Pat, you seem to always come up with an excuse for him. Stocks are down about 20%. What we be your excuse for a recession?
As long as "if it bleeds, it leads" is the mantra of the press, they will continue to panic some individuals into doing truly stupid things. Panic sells ads and works marvelously as click bait.

When Trump says I WANT HIGHER TARIFFS and I don't want FREE TRADE, I'll believe it. Right now you are interpreting "I like the money that tariffs bring in" as "I want higher tariffs". The two statements are not equivalent. Trump is trying to put fear into the countries that don't want fair trade by telling them how much money our government is collecting and how that gives him pleasure and you are undermining his efforts because you want him to fail. You are totally invested in seeing Trump fail. Your world revolves around seeing Trump fail but what that translates to is if Trump fails, America fails. Do you really want that result?

The stock market will calm down. Hope you didn't panic and sell at a loss. If you don't need your investment money tomorrow, then you don't have anything to worry about in the short term. I worked for an investment management company some years ago. The owner was very fond of saying - "If the value of your house dropped by $50,000 would you panic and sell it out of fear?" If you invest in solid companies, they are still solid companies even when the market goes berserk. If you speculate, you need to be doing it with mad money or you loose.
 
I sold the first day Trump actually put tariffs into effect and avoided losing money.

Why "Trump fails, America fails". America's economy was growing before Trump took office and the growth should resume.
 
Yes, we actually do buy bottles from China and make the stuff which goes into the bottles. That is smart business. And we sell to China.

If the Chinese government is making Chinese products too cheap, how are Americans being taken advantage of? It sounds like Americans are taking advantage of foolishness of the Chinese government.
That's a very short sighted vison you have there.

Imagine for a moment that China did not provide anything to the US or any other country for that matter. Then we are left with whatever other countries can create for us or whatever we produce ourselves. The stuff we make ourselves is very important in times of war, or when that other country that makes all the stuff decides they will cut us off (especially in times of war). Being prepared is something every country should strive to be. We have simply grown way too dependent on other nations for our needs. One of the points that Mark Levin made in his segment is the fact that don't have the ability to create ships for our Navy at a pace that even comes close to China. That is going to come back to bite us if we don't get more self sufficient and improve our trade deficit issues.

When you purchase slave labor goods and service's from China (we're all guilty of it), you are essentially approving of slave labor due to your own greed and desire to get something for nothing. That comes at a cost eventually. Maybe, not today, but eventually we end up with a nation of dummies that have no idea how to create anything anymore. We need another industrial revolution that can build the economy back in a way that serves the whole nation (and nations abroad) and not just a few companies that want to make a buck. The cycle has run it's coarse, and it's time to be self sufficient again or perish due to lack of preparedness.

China had one of the largest industrial revolutions that extended well beyond the amount of years in our past revolutions. They did it at the cost of their people working very hard at low wages and little regulations which caused many health issues for their people. Notice they have many many people in their country in spite of this abuse. That's another problem we have here, because there just isn't as many people that have good decent families that keep producing more and more children. And no, this doesn't mean we should open our borders to let anyone in and become a citizen. Should we have more legal immigration? Yes, and we need the smart hard working ones, not the lazy non-assimilating one's.

Now imagine that they put all kinds of regulations on their (China's) businesses and paid the workers what we would typically call a fair wage over here when they first started their industrial revolution? Would they have been able to do what they did and sell their products that cheaply? In addition, they decided to keep other countries products out using tariffs. So there is a trade off, isn't there? We will never be able to make things as cheaply as they do because we don't abuse our workers and there are too many regulations. The only thing Trump is asking is to trade fairly without any tariffs at all. No currency manipulation, no pushing products through other countries to get around the tariffs, etc...

In addition to the tariffs, cut regulation, cut taxes, cut spending and make the government more efficient with less, and have another industrial revolution in the good old USA. If you focus just on the tariffs, you miss the big picture plan that is unfolding.
 
I sold the first day Trump actually put tariffs into effect and avoided losing money.
You sold what? Did you sell your house? If you're that confident, why not short the market with Ultra Short position? Those that try to time the market will miss out on the rebound. Repositioning your assets is a better approach. Going into bonds for example and use hedging instruments.
 
You sold what? Did you sell your house? If you're that confident, why not short the market with Ultra Short position? Those that try to time the market will miss out on the rebound. Repositioning your assets is a better approach. Going into bonds for example and use hedging instruments.
I moved my 401K from stocks to bonds. I will go back into the market when things calm down.
 
That's a very short sighted vison you have there.

Imagine for a moment that China did not provide anything to the US or any other country for that matter. Then we are left with whatever other countries can create for us or whatever we produce ourselves. The stuff we make ourselves is very important in times of war, or when that other country that makes all the stuff decides they will cut us off (especially in times of war). Being prepared is something every country should strive to be. We have simply grown way too dependent on other nations for our needs. One of the points that Mark Levin made in his segment is the fact that don't have the ability to create ships for our Navy at a pace that even comes close to China. That is going to come back to bite us if we don't get more self sufficient and improve our trade deficit issues.
My company makes stuff in the US. It is normal economic development to move labor intensive production to poorer countries with lower labor costs. The richer country benefits from cheaper products and the poorer country gets richer. I remember when the cheap stuff came from Japan.

This process occurred within the US as well, as production moved from the Northeast to the poorer Southeast.

The US Navy's problem with keeping up with the Chinese is mostly caused by naval procurement problems. https://www.nytimes.com/2023/02/04/us/politics/littoral-combat-ships-lobbying.html. Keep in mind that US trade with Mexico is about the same size as trade with China. One of the purposes of NAFTA was to avoid overdependence on China and it worked.

We don't need to be self-sufficient to compete in a war at sea. We have allies.
 
If it turns out the math on the trade deficit and trade imbalances has been overestimated by a large margin, and the market doesn’t bounce back quickly enough, the Republicans are toast in ’26 and ’28. The Democrats will seize on any discrepancy, and the RINOs will gleefully jump on board.

Trump has to be right every time; the Democrats only have to be right once.

For the country’s sake, I hope I’m wrong.
 
If it turns out the math on the trade deficit and trade imbalances has been overestimated by a large margin, and the market doesn’t bounce back quickly enough, the Republicans are toast in ’26 and ’28. The Democrats will seize on any discrepancy, and the RINOs will gleefully jump on board.

Trump has to be right every time; the Democrats only have to be right once.

For the country’s sake, I hope I’m wrong.

And you're suprised?

 
Not out of the woods yet, but a pretty nice bounce in the NQ's today. Gold also is still on it's upward track.
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And at the bell, we ended with a nice 12% gain on the day.
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If Roger didn't buy back in this morning. He may have missed his window to make a profit;)

The market is very happy with Trump today. They're happy with the bond sale results. Life is good on Wall Street.
 
If Roger didn't buy back in this morning. He may have missed his window to make a profit;)

The market is very happy with Trump today. They're happy with the bond sale results. Life is good on Wall Street.
I didn't want to say anything about that.
 

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