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Thread: I truly do not understand this

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    I truly do not understand this

    The markets all tanked today. And I am told that the reason was the steadily worsening relationship between the US and Turkey.

    But I have to wonder: So what?

    Suppose that the US never again did any trading with Turkey--any whatsoever--just how, exactly, would this impact world markets?

    I truly doubt that much of the world's daily trade is between these two countries.
    Last edited by pjohns; 08-15-2018 at 06:56 PM.

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    All Turkey has to do is release that Pastor.
    Regarding my avatar: I am the one on your left as you view it

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    The stock market is easily influenced by EMOTION, just like prog's. I'm sure it probably had something to do with Ergodan's declaration that Turkey would not import American electronics, or some other such nonsense.

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    Quote Originally Posted by pjohns View Post
    The markets all tanked today. And I am told that the reason was the steadily worsening relationship between the US and Turkey.

    But I have to wonder: So what?

    Suppose that the US never again did any trading with Turkey--any whatsoever--just how, exactly, would this impact world markets?

    I truly doubt that much of the world's daily trade is between these two countries.
    Yeah, it has nothing to do with Turkey, that is an excuse for the elite to manipulate the market. Sure, Trump has brought Turkey to it's knees economically, but that is just the excuse.

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    A few months ago, a lady at work in the smoking area asked me if the stock market drop was because Trump threatened Little Kim in North Korea. I told her today yes, but tomorrow it will go right back up and the media will not mention it. I was right, and today, the stock market is not down at all, just look at what is was when that lady asked me that question a few months ago.
    You're always drunk last night. LOLOL

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    Anybody that can figure out the stock market which is based strictly on emotion will became a trillionaire.

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    The Turks allowed the U.S. to fly sorties out of their country into Iraq starting in 2003, which was generous since we support Kurdish independence.

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    Quote Originally Posted by pjohns View Post
    The markets all tanked today. And I am told that the reason was the steadily worsening relationship between the US and Turkey.

    But I have to wonder: So what?

    Suppose that the US never again did any trading with Turkey--any whatsoever--just how, exactly, would this impact world markets?

    I truly doubt that much of the world's daily trade is between these two countries.
    I highly doubt it has much to do with Turkey and more to do with the soma redemption today and the strengthening dollar.

    EURUSD to Extend Losses on Todays Federal Reserve Balance Sheet Unwind

    Trump is doing everything in his power (in spite of what he says) to drive the USD higher (tariffs, hiring King Dollar Kudlow) while the fed is shrinking its balance sheet.

    The corp tax cut went into repurchasing shares, but when that wears off, I can't imagine what would be holding the market up in the face of such strong headwinds.

    Unless it's the retail investor.

    The CEO of TD Ameritrade (one of the largest stock brokerages in the world) stated earlier this year that [t]here is an enormous amount of new retail money coming into the market. . .

    Other brokerages like eTrade and Schwab have seen similar trends.
    The Worlds Greatest Investor Is Running Out Of Things To Buy | Zero Hedge

    The retail investor always comes in at the top and after them there is no one left to buy.

    What I'm anxious to discover is what happens when the market goes down after all these companies have borrowed money to buy back their shares. Can they issue new shares in a falling market to repay their loans? Probably not. So the tax cut just made the bubble bigger. Trump said it was a bubble on the campaign and, oh man, it's a doozy now!


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    Quote Originally Posted by pjohns View Post
    The markets all tanked today. And I am told that the reason was the steadily worsening relationship between the US and Turkey.

    But I have to wonder: So what?

    Suppose that the US never again did any trading with Turkey--any whatsoever--just how, exactly, would this impact world markets?

    I truly doubt that much of the world's daily trade is between these two countries.
    Because the people who run the markets think without Turkey there will be no Thanksgiving or Christmas dinners.
    Humble yourself, for there is an enormous change coming.

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