SAJ-99
Well-known member
Stick a mic in front of the big orange guy and the bait practically makes itself.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
Forkyfinder
Well-known member
- Joined
- Dec 13, 2023
- Messages
- 3,990
NDGuy
Well-known member
- Joined
- Apr 26, 2018
- Messages
- 2,132
Calls paid
Forkyfinder
Well-known member
- Joined
- Dec 13, 2023
- Messages
- 3,990
Rip roarin day for any company dependent on china.
Hope you guys didnt sell
Hope you guys didnt sell
Depends on the sell day I guess, still a fair bit away from 6 month highs. But agreed, these are the days you don’t want to miss by trying to time things.
(*so far… market giving a little back already)
noharleyyet
Well-known member
Hope you guys didnt sell
people were selling? i thought this thread was titled "anybody buying yet?"
in any event, i agree with an assessment that i read that the market isn't just reacting to a "deal" with china, it's reacting so positively because it seems Bessent has a delivered a far more cogent strategy regarding china than basically anything we've heard to date from the admin. I can get behind it, as long as the adults continue to have the conversations.
The whole plan was to get the conversation started. If people didn't understand that i really don't know what to say.people were selling? i thought this thread was titled "anybody buying yet?"
in any event, i agree with an assessment that i read that the market isn't just reacting to a "deal" with china, it's reacting so positively because it seems Bessent has a delivered a far more cogent strategy regarding china than basically anything we've heard to date from the admin. I can get behind it, as long as the adults continue to have the conversations.
"plan" is a pretty strong word there.
Forkyfinder
Well-known member
- Joined
- Dec 13, 2023
- Messages
- 3,990
Im not a believer in deep 4d chess. So dont take me too far here. But if the admin all said "geeze we really need a good trade deal with china" do you think that the leverage would exist to make one happen? Trump being bold and saying things to the effect of you can tariff your way out of income tax - makes him sound like a believer that its true. It isnt. But it really doesnt matter in terms of negotiating.people were selling? i thought this thread was titled "anybody buying yet?"
in any event, i agree with an assessment that i read that the market isn't just reacting to a "deal" with china, it's reacting so positively because it seems Bessent has a delivered a far more cogent strategy regarding china than basically anything we've heard to date from the admin. I can get behind it, as long as the adults continue to have the conversations.
Trump kind of plays face down poker with politics. You can attribute it to design or incompetence, and i have some of each. My observation is that its more effective.
well, time will tell on its effectiveness. there's a lot more going on than just china - if the goal was leverage with china we really didn't help our leverage by sledgehammering our longtime allies and trading partners in the nose. they probably would've loved to team up on some china leverage, instead we had them starting up their own trade talks with china without us at the table. trump touts isolationism, history tells a bad story there.
trumps initial plan had some of the most hawkish in his admin sweating bullets at one point. the initial rollout of everything then the rollbacks and hemming and hawing on much of it since has all but proven a lack of plan and cogent strategy.
credit where credit is due if things work out well. i'm not a partisan hack like some think i may be.
Similar threads
