plenzmd1 Posted January 3, 2019 Posted January 3, 2019 2 minutes ago, westside said: Can you show me proof tariffs are to blame and not the product or the management at Apple? Why should we (the American people) care about Apple and there profits if we're not effected by it? I put country first, do you? Yes I can, itnis all over the place. The Chinese economy is slowing down, that’s just a fact. The Trump tariffs, while not 100% responsible for that, is contributing to the slowdown. BTW, that is THE VERY THING TRUMP WANTS , If you understood what Trump wanted to accomplish with the tariffs, you would be bragging on your guy causing the slowdown as he feels the pressure exerted on the Chinese by the tariffs would have this very effect and force them into negotiations. And BTW, when trilllion dollar market cap companies get hurt, you can bet your sweet behind it hurts all of USA. Let’s not forget the other pillar of his economic plan was to cut corporate tax so much earnings woild continually grow at outpaced levels , corporate spending therefore would increase, and all the tickle down effects would then occur. When you policies are having the the opposite effect, your whole plan is in trouble. Damn, do a little research and have a bit of understanding befor wjjuat saying “ Trump is God, never wrong”
3rdnlng Posted January 3, 2019 Posted January 3, 2019 12 minutes ago, plenzmd1 said: Yes I can, itnis all over the place. The Chinese economy is slowing down, that’s just a fact. The Trump tariffs, while not 100% responsible for that, is contributing to the slowdown. BTW, that is THE VERY THING TRUMP WANTS , If you understood what Trump wanted to accomplish with the tariffs, you would be bragging on your guy causing the slowdown as he feels the pressure exerted on the Chinese by the tariffs would have this very effect and force them into negotiations. And BTW, when trilllion dollar market cap companies get hurt, you can bet your sweet behind it hurts all of USA. Let’s not forget the other pillar of his economic plan was to cut corporate tax so much earnings woild continually grow at outpaced levels , corporate spending therefore would increase, and all the tickle down effects would then occur. When you policies are having the the opposite effect, your whole plan is in trouble. Damn, do a little research and have a bit of understanding befor wjjuat saying “ Trump is God, never wrong” So, the tariffs are working, but then again they are not working? Are you trying to say that cutting the corporate tax rate was a bad thing for the economy? You seem confused. 1
plenzmd1 Posted January 3, 2019 Posted January 3, 2019 20 minutes ago, 3rdnlng said: So, the tariffs are working, but then again they are not working? Are you trying to say that cutting the corporate tax rate was a bad thing for the economy? You seem confused. Yes the tariffs are having the desired effect on the Chinese economy. Reasonable people can disagree on if the desired effect is good or bad for the US economy. Trump is betting based on the volume of the trade deficit between the two countries, China will cry uncle first and acquiesce to the changes Trump wants. I think that may be wishful thinking..they ain't worried about an election! Lets even say they do give in 100% to Trump wants..a Chinese economy with 1.4 Billion people that now has less economic buying power..is that good for the US when so many companies have earnings and projections tied to that market? And yes, I think cutting the tax was a horrible idea for the economy. It was a one-time sugar rush injected into an already strong economy that was just not needed. It is affecting our deficits and the markets are reflecting what most expect to happen to corporate profits and growth in the next 18-24 months. Have some unskilled workers been able to be put back on employment rolls? Yep..lets see how long that lasts. Lots of indicators point to a weakening economy...outlined here very well i think. https://www.kiplinger.com/article/business/T019-C000-S010-business-spending-forecast.html
Swill Merchant Posted January 3, 2019 Posted January 3, 2019 4 hours ago, /dev/null said: Apple's problems were inevitable. Their growth was based on people buying smart phones and apps. We're approaching "peak smartphone" where the pool of new smartphone users is only shrinking. Existing smartphone users have realized they don't have to stand in line every year to upgrade to the latest and greatest. Fewer new phones and fewer upgrades mean people are buying fewer apps. Fewer app purchases means Apple is generating less revenue from the 15% "Apple Tax" Increased competition from Android devices have cut into Apple's market share Not only that, Steve Jobs was the driving force behind Apple. Once he kicked Apple's decline was inevitable. Apple without Steve Jobs is like the Patriots without Bellichick. 1
outsidethebox Posted January 3, 2019 Posted January 3, 2019 What a great president he is. I can't remember when's the last time a president has put the country first like President Trump. He has become the leftwing nuts daddy!!
TH3 Posted January 3, 2019 Posted January 3, 2019 (edited) 23 minutes ago, westside said: What a great president he is. I can't remember when's the last time a president has put the country first like President Trump. He has become the leftwing nuts daddy!! Talking with a friend New Year eve....he was commenting on how GOP/CON...whatever it is you guys seem to identify as these days....since RR the right wing really just gravitated to politics of emotion as opposed to policy....Guv bad....need wall...tax too much...guv problem...immigrants are problem....global trade bad....Pelosi bad....my gut is smarter than your heard....small marco...hoax...conspiracy...voter fraud... Hate to tell you guys...but the Dems have actually cornered the market on putting actual policy on the table......at some point you have to actually produce some policy....the GOP had the majority for 2 years and all they came up with was bloating the budget, passing a tax package that will be reversed out of necessity, and stuffing the courts... America First!! Edited January 3, 2019 by TH3 1
meazza Posted January 3, 2019 Posted January 3, 2019 (edited) 36 minutes ago, westside said: What a great president he is. I can't remember when's the last time a president has put the country first like President Trump. He has become the leftwing nuts daddy!! Take it easy there. Edited January 3, 2019 by meazza
keepthefaith Posted January 3, 2019 Posted January 3, 2019 17 minutes ago, TH3 said: Talking with a friend New Year eve....he was commenting on how GOP/CON...whatever it is you guys seem to identify as these days....since RR the right wing really just gravitated to politics of emotion as opposed to policy....Guv bad....need wall...tax too much...guv problem...immigrants are problem....global trade bad....Pelosi bad....my gut is smarter than your heard....small marco...hoax...conspiracy...voter fraud... Hate to tell you guys...but the Dems have actually cornered the market on putting actual policy on the table......at some point you have to actually produce some policy....the GOP had the majority for 2 years and all they came up with was bloating the budget, passing a tax package that will be reversed out of necessity, and stuffing the courts... America First!! What policies have Dems put on the table and why are they good?
outsidethebox Posted January 3, 2019 Posted January 3, 2019 15 minutes ago, TH3 said: Talking with a friend New Year eve....he was commenting on how GOP/CON...whatever it is you guys seem to identify as these days....since RR the right wing really just gravitated to politics of emotion as opposed to policy....Guv bad....need wall...tax too much...guv problem...immigrants are problem....global trade bad....Pelosi bad....my gut is smarter than your heard....small marco...hoax...conspiracy...voter fraud... Hate to tell you guys...but the Dems have actually cornered the market on putting actual policy on the table......at some point you have to actually produce some policy....the GOP had the majority for 2 years and all they came up with was bloating the budget, passing a tax package that will be reversed out of necessity, and stuffing the courts... America First!! Lol, the dems have cornered the market on being triggered, melting down. The left runs on nothing but emotions and feelings. Did you get a tingle down your leg when Obama was elected. The left is constantly projecting their own actions on the right. This has to be the funniest post I've seen in dsys. 7 minutes ago, meazza said: Take it easy there. I don't consider you a leftwing nut. ?
GG Posted January 3, 2019 Author Posted January 3, 2019 30 minutes ago, TH3 said: Talking with a friend New Year eve....he was commenting on how GOP/CON...whatever it is you guys seem to identify as these days....since RR the right wing really just gravitated to politics of emotion as opposed to policy....Guv bad....need wall...tax too much...guv problem...immigrants are problem....global trade bad....Pelosi bad....my gut is smarter than your heard....small marco...hoax...conspiracy...voter fraud... Hate to tell you guys...but the Dems have actually cornered the market on putting actual policy on the table......at some point you have to actually produce some policy....the GOP had the majority for 2 years and all they came up with was bloating the budget, passing a tax package that will be reversed out of necessity, and stuffing the courts... America First!! Your definition of cornering policy is moving to a socialist regime and promise voters a free lunch that will be paid by the evil businesses, then you are 100% correct. Besides, private business does no good anyway. We should get rid of them or tax them out of existence.
GG Posted January 3, 2019 Author Posted January 3, 2019 3 hours ago, plenzmd1 said: Yes the tariffs are having the desired effect on the Chinese economy. Reasonable people can disagree on if the desired effect is good or bad for the US economy. Tariffs are leading precisely to their preordained outcome, that is to stifle economic activity. The real question though, "Is Trump using tariffs as economic warfare to get China to bend, or is he using them to prop up the US economy?" One of those is costly but necessary (but could really spiral out of control). The other is costly and stupid. 1
TPS Posted January 3, 2019 Posted January 3, 2019 The markets are melting, and the Yield curve has flat-lined as the 10-year Treasury has come down 50 bp, suggesting a serious slowdown. Trump shot his wad with the tax cuts, but now the economy is about to go limp...Maybe it's time for another fiscal shot in the form of his infrastructure plan?
Buffalo_Gal Posted January 3, 2019 Posted January 3, 2019 7 minutes ago, TPS said: The markets are melting, and the Yield curve has flat-lined as the 10-year Treasury has come down 50 bp, suggesting a serious slowdown. Trump shot his wad with the tax cuts, but now the economy is about to go limp...Maybe it's time for another fiscal shot in the form of his infrastructure plan? Reacting to Nancy P back as speaker and a Dem house, perhaps? 1
plenzmd1 Posted January 3, 2019 Posted January 3, 2019 1 hour ago, Buffalo_Gal said: Reacting to Nancy P back as speaker and a Dem house, perhaps? You don’t even believe that! But nice try!
Koko78 Posted January 3, 2019 Posted January 3, 2019 2 hours ago, keepthefaith said: What policies have Dems put on the table and why are they good? Orange Man Bad. Which is good, because #OrangeManBad.
Buffalo_Gal Posted January 3, 2019 Posted January 3, 2019 (edited) 1 hour ago, plenzmd1 said: You don’t even believe that! But nice try! (While today appears to be all tied Apple-China - and Apple has dropped a ton in the last 3 months - heck even after getting in Trump digs, CNN says this is pretty company specific (with a trickle down to companies holding Apple stock, and manufacturing and selling for Apple) and if CNN admits that... ) As far as the market goes, I do think people who are serious day traders are a bit schizophrenic: "YAY! lay-offs, let's buy!" "Yay the economy is growing, let's buy"! "YAY no rate hike this quarter, let's buy." "YAY no inflation this quarter, let's buy!" and then... "Trump got elected, let's sell!" "My buddy Ralph said there was a whisper of tax increases, let's sell!" "Hmmm they underperformed by a smidge, let's sell" "My buddy Clyde said it was a good time to sell, let's sell!" and then... "Hmmm the market is tanking, must be some deals, let's buy" at the same time someone else is going "Hmmm the market is tanking I better get out now!" It has been called legalized gambling for eons now for a reason. Edited January 3, 2019 by Buffalo_Gal 1
Buffalo_Gal Posted January 3, 2019 Posted January 3, 2019 ********* Since this may get merged, the jobs numbers for December: U.S. Private Sector Adds 271,000 Jobs in December, Easily Beats ForecastsThe U.S. economy adds 271,000 private sector jobs in December, according to ADP, easily topping economists' forecasts. <snip> The ADP numbers were released one day ahead of the Labor Department's official U.S. nonfarm payrolls report for December. Economists surveyed by FactSet expect the U.S. to have added 180,000 jobs last month with the unemployment rate holding steady at 3.7%. </snip>
plenzmd1 Posted January 3, 2019 Posted January 3, 2019 @Buffalo_Gal So’s ya saying it was not related to Pelosi?? it it was a valiant try, and I had a good chuckle!
Buffalo_Gal Posted January 3, 2019 Posted January 3, 2019 36 minutes ago, plenzmd1 said: @Buffalo_Gal So’s ya saying it was not related to Pelosi?? it it was a valiant try, and I had a good chuckle! Some of it definitely was - or did you miss the part where I said everything and anything can spook investors? New congress, old congress, new taxes, budget uncertainty... all tied together. 1
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