Jason Posted May 5, 2019 Share Posted May 5, 2019 Quote A sharp sell-off will start the week on Wall Street after President Donald Trump said on Sunday that the U.S. will hike tariffs on goods imported from China, casting doubt on recent optimism that the world’s two largest economies were close to a resolution to their trade battle. Quote The apparent about-face in trade sentiment left some Wall Street insiders worried about the effect on the U.S. equity market, fresh off record highs. “Another turn of the screw tighter Sunday from the President’s hard-ball tactics with the China trade talks, and his pair of tweets look like they could unleash a sharp stock market correction,” said Chris Rupkey, chief financial economist at MUFG Union Bank, in a note. “For weeks now markets have been lulled to sleep on the US trade war with China thinking an agreement was imminent. No more.” “This has all the makings of a complete disaster that could lead the stock market to crater this week and send those external risks to the US economic outlook soaring,” he added. https://www.cnbc.com/2019/05/05/traders-brace-for-sharp-sell-off-on-trumps-tariff-threat.html Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted May 6, 2019 Share Posted May 6, 2019 Some more details. China might cancel this week's talks. President Deals dealing again Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted May 6, 2019 Share Posted May 6, 2019 Its recovered most of it, now down 150, but it seems thats based entirely on "Hes not that dumb, right?" Hoping hes just trying to push China into a deal i guess, lol. Quote Link to comment Share on other sites More sharing options...
SilentWorld Posted May 6, 2019 Share Posted May 6, 2019 Just let it all burn Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted May 13, 2019 Share Posted May 13, 2019 China retaliated, tarrifs on 60 billion starting June 1st, so naturally futures are dropping like a stone, down almost 500 ATM. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted May 13, 2019 Share Posted May 13, 2019 *Trade Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted May 13, 2019 Share Posted May 13, 2019 I'm always amused by the pictures of traders when its going up or down, like they're about to jump out a window or just won a championship game, lol. By the way, the guy ranting and raving about other countries dictating what the US does is demanding China limit its domestic subsidies, of course they're response was his same shit right back at him. Quote Link to comment Share on other sites More sharing options...
Jason Posted May 13, 2019 Author Share Posted May 13, 2019 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted May 13, 2019 Share Posted May 13, 2019 https://thehill-com.cdn.ampproject.org/v/s/thehill.com/policy/international/trade/443409-gop-senator-defends-use-of-tariffs-on-china-sacrifice-by-americans?amp_js_v=a2&_gsa=1&#referrer=https%3A%2F%2Fwww.google.com&_tf=From %1%24s&share=https%3A%2F%2Fthehill.com%2Fpolicy%2Finternational%2Ftrade%2F443409-gop-senator-defends-use-of-tariffs-on-china-sacrifice-by-americans Quote Link to comment Share on other sites More sharing options...
Jason Posted May 13, 2019 Author Share Posted May 13, 2019 wtf is that url Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted May 13, 2019 Share Posted May 13, 2019 41 minutes ago, Jason said: wtf is that url https://thehill-com.cdn.ampproject.org/v/s/thehill.com/policy/international/trade/443409-gop-senator-defends-use-of-tariffs-on-china-sacrifice-by-americans?amp_js_v=a2&_gsa=1&#referrer=https%3A%2F%2Fwww.google.com&_tf=From %1%24s&share=https%3A%2F%2Fthehill.com%2Fpolicy%2Finternational%2Ftrade%2F443409-gop-senator-defends-use-of-tariffs-on-china-sacrifice-by-americans 2 1 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted May 14, 2019 Author Share Posted May 14, 2019 Quote Link to comment Share on other sites More sharing options...
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