My Portfolio Today

Originally posted by: David Miller

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  It won't take long, and the best part is that America and Americans will benefit greately from the monetary benefits that leveling the field of trade will mean for years to come. My posting the "market is up" thread was premature, but eventually the market will recover. My post did demonstrate that the market was adjusting and will continue to do so as time goes on.

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Originally posted by: Jerry Ice 33

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Well I hope it "adjusts" and doesn't crash right to zero.  Thanks for informing us of that, Captain Obvious!  You should do some financial advising.  

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Originally posted by: PJ Stroh

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Earnings season starts next week.    Get ready for these two phrases you are going to hear on almost every corporate call:

 

1) We're pulling guidance for the rest of the year

2) We're reeling in capex spending for the rest of the year.

 

That second one is likely to send us into a recession later in the year.

 

 

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Originally posted by: Mark

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Looks like Trump pulled the plug. Tariffs are on a 90 day pause other than China's. But it still a disaster because nobody knows what to do in terms of producing and buying products and services. 

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Originally posted by: Mark

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Correction the 10% blanket tarrifs are still on. The stock market was just the first shock. Wait until the new 125% China tariff prices hit consumers at Wal-Mart and other big box retailers. It is going to be another epic shit storm.

 

I also wouldn't be surprised if China invades Taiwan as they can't be deterred with sanctions now. 

 

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