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    Oh Snap

    Trump tweet tanking the markets. But it's now off the lows and HE is right.


    Here's the tweet storm:


    Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far .
    .. better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing
    ... your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States. Also, I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE
    ... all deliveries of Fentanyl from China (or anywhere else!). Fentanyl kills 100,000 Americans a year. President Xi said this would stop - it didn’t. Our Economy, because of our gains in the last 2 1/2 years, is MUCH larger than that of China. We will keep it that way!


    (he can't order private companies, so the left will go bonkers) Is this the bully pulpit?
    Last edited by Trinnity; 08-23-2019 at 10:16 AM.
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    Didn't effect me too much. This morning , I still had to bring the trash cans out to the curb in the rain .




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    He's playing hardball with China. This is what it's gonna take. He's marginalizing China. Man, talk about pressure.

    Market down 305.
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    Quote Originally Posted by ofthecross View Post
    Most of us aren't really into the market like that.
    This is not about just the market. It affects all of us. China has been planning to rule the world in the next few decades. But their embrace of Capitalism will be their downfall. Look what's going on in China. Reagan knew Capitalism would dismantle the Chi-comms. But the Democrats were intimidated by China and not only didn't stand up to them, but aided them and in some cases (like Joe Biden) they even worked with the Chi-comms giving them sweet deals for kickbacks. Republicans didn't stand up to them either. Trump is. This has to happen now because our future depends on it. Trump knows this. I know this. What do you know?
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    China's jimmies are rustled.
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    Did he just juice the bond yields?

    The Fed didn't cut rates. That was expected today.
    Last edited by Trinnity; 08-23-2019 at 10:42 AM. Reason: typo
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    Welll................. I just ordered an item on Ebay, still includes shipping for an under $5.00 item. Don't understand that. Many stores won't take a C.C. purchase for under $10.

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    I think this will force the Fed's hand to drop rates.
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    Quote Originally Posted by Trinnity View Post
    Trump tweet tanking the markets. But it's now off the lows and HE is right.


    Here's the tweet storm:


    Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far .
    .. better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing
    ... your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States. Also, I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE
    ... all deliveries of Fentanyl from China (or anywhere else!). Fentanyl kills 100,000 Americans a year. President Xi said this would stop - it didn’t. Our Economy, because of our gains in the last 2 1/2 years, is MUCH larger than that of China. We will keep it that way!


    (he can't order private companies, so the left will go bonkers) Is this the bully pulpit?
    He's purposefully declared for one and all to see that either you support China...or...you support the USA. I think that's why he used that syntax. It's not a mistake.
    Good journey, Rickity!

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    Quote Originally Posted by ofthecross View Post
    Most of us aren't really into the market like that.
    I'm a day trader. Took a crash...quite intensive...course last year and have made about 26% on my money since then. Not bad...and...it's all due to President Trump...all of it. Ironically...I invested in only Aussie companies. He's good for us down here, too. I'm rasping my hands over Afterpay going to an IPO in the US, soon.

    I love this place! We punch way above out weight for only 25M people and 1M tourists being here...

    https://www.afterpay.com/en-AU/how-i...hoClWoQAvD_BwE
    Last edited by Northern Rivers; 08-23-2019 at 10:58 AM.
    Good journey, Rickity!

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