Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

China has limited options, they can weaken their currency/import inflation, and Trump can raise the tariffs more.

The deficit is 250 billion, who is going to buy all that plastic crap other than the US ? Japan and Korea do not consume like US does. They will come to the table or watch their economy shrink.

China can do anything it wants. It is a dictatorship. No one in the US wants Chinese jobs. What a f’ing disaster maga is.

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

China has limited options, they can weaken their currency/import inflation, and Trump can raise the tariffs more.

The deficit is 250 billion, who is going to buy all that plastic crap other than the US ? Japan and Korea do not consume like US does. They will come to the table or watch their economy shrink.

Anonymous wrote:

Anonymous wrote: Start a South Park thread if you want, but this is a financial forum. Let’s talk about those futures! Looking pretty good!

“In a bear market, stocks return to their rightful owners.” -J.P. Morgan

Anyone who had weak hands while assuming the world was ending and sold during yesterday’s open, then second guess themselves after seeing all that green and re-buy in at today’s open…Congrats! You just locked in a permanent 5% loss of your portfolio.

Jack Bogle said it best: “Don’t do something, just stand there!”

Anonymous wrote:Coordinated effort by political leadership to destroy the world economy out of stupidity, hubris, and racism, is different from the traditional boom/bust cycle.

Herbert Hoover, move over.

The 31st president has long been the patron saint of bad economic management. But while Hoover responded badly to the coming of the Great Depression, he didn’t cause the slump. By contrast, it seems more and more likely that Donald Trump will single-handedly push the solid economy he inherited into crisis. This is, as Trump might say, disastrous policy like nobody has seen before.

How is he managing that feat? While the vast majority of economists think high tariffs are bad policy, they don’t normally associate them with recession. Many, perhaps most economists who’ve looked hard at the evidence don’t accept the popular story that the Smoot-Hawley tariff of 1930 caused the Great Depression.

But this time looks and feels different. Why is a Trump Slump brought on by tariffs looking more probable by the day?

Like many others, I’ve been talking a lot about the huge uncertainty Trump is creating. Ignore the desperate efforts to retcon Trump’s trade policy, to pretend that it comes out of some coherent economic doctrine. We’re clearly looking at tariffs driven by id, not ideology — Trump’s biggest motivation seems to be the desire to see other countries grovel. Because there’s no clear policy objective, nobody knows what Trump will do tomorrow, let alone over the next few years. Did you have 104 percent tariffs on China and 34 percent tariffs on Canadian softwood lumber on your dance card? (Are 2x4s the industry of the future?)

As I wrote a few days ago,

Permanent tariffs are bad for the economy, but businesses can, for the most part, find a way to live with them. What business can’t deal with is a regime under which trade policy reflects the whims of a mad king, where nobody knows what tariffs will be next week, let alone over the next five years. Are these tariffs going to be permanent? Are they a negotiating ploy? The administration can’t even get its talking points straight, with top officials saying that tariffs aren’t up for negotiation only to be undercut by Trump a few hours later.

Under these conditions, how is a business supposed to make investments, or any kind of long-term commitment? Everyone is going to sit on their hands, waiting for clarity that may never come.

But wait, there’s more. There are growing signs that we’re at risk of a tariff-induced financial crisis.

Anonymous wrote:

Anonymous wrote: Start a South Park thread if you want, but this is a financial forum. Let’s talk about those futures! Looking pretty good!

“In a bear market, stocks return to their rightful owners.” -J.P. Morgan

Anyone who had weak hands while assuming the world was ending and sold during yesterday’s open, then second guess themselves after seeing all that green and re-buy in at today’s open…Congrats! You just locked in a permanent 5% loss of your portfolio.

Jack Bogle said it best: “Don’t do something, just stand there!”

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

China has limited options, they can weaken their currency/import inflation, and Trump can raise the tariffs more.

The deficit is 250 billion, who is going to buy all that plastic crap other than the US ? Japan and Korea do not consume like US does. They will come to the table or watch their economy shrink.

You are failing to realize how big China is. Exports to the US are only 15 percent of their market. And after Vance's remarks about peasants - which are being broadcast everywhere in China - China will eat that 15 percent out of spite alone.

I really can't figure out what the American strategy is. It's just... suicidal.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

China has limited options, they can weaken their currency/import inflation, and Trump can raise the tariffs more.

The deficit is 250 billion, who is going to buy all that plastic crap other than the US ? Japan and Korea do not consume like US does. They will come to the table or watch their economy shrink.

You are failing to realize how big China is. Exports to the US are only 15 percent of their market. And after Vance's remarks about peasants - which are being broadcast everywhere in China - China will eat that 15 percent out of spite alone.

I really can't figure out what the Russian strategy is. It's just... suicidal.

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

China has limited options, they can weaken their currency/import inflation, and Trump can raise the tariffs more.

The deficit is 250 billion, who is going to buy all that plastic crap other than the US ? Japan and Korea do not consume like US does. They will come to the table or watch their economy shrink.

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

OK? What’s your point? You Chinese?

Anonymous wrote:

Anonymous wrote:So.Much.Winning (sigh). Aren't professionals ashamed to be associated with this administration?


China says it will ‘fight to the end’ after Trump threatens 50% additional tariffs
https://www.cnbc.com/2025/04/08/china-resolutely-opposes-trumps-50percent-tariff-threat-vows-retaliation.html
China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs.
Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week.
The People’s Bank of China on Tuesday set the midpoint rate for onshore yuan at 7.2038 per dollar, the weakest level since September 2023, according to data provider Wind Information.

OK? What’s your point? You Chinese?