And so...the "recession" begins

Liberty said:
In 2024, approximately 62% of U.S. adults reported owning stocks, though this is a figure that has fluctuated
and is the highest since 2008. It is retirement security boosters for many Americans today.
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Stock market today is nothing but legal gambling. You must be skilled at the game and aware that it's rigged against you.
 

All this talk about America subsidizing Canada in terms of America's Trade Deficit with Canada is complete nonsense. Fact of the matter is there's only one reason America has this trade deficit with Canada ... Heavy Crude Oil imports of 4.4 million barrels per day at a current price of roughly $60.00/barrel. Eliminating that one product from the equation and American would have a substantial trade surplus in it's trading partnership with Canada!

The 4.4 million barrels of heavy crude per day imported from Canada permits the US to export a corresponding 4.4 million barrels per day of light oil, mostly from the Permian Basin. Since Permian oil is light oil and therefore receives the benchmark WTI price of around US$74 per barrel mark. This results in annual exports from the US of $119 billion. These light crude oil exports to countries in Europe and elsewhere help the US reduce its trade deficits with those countries, and in some cases to achieve a trade surplus.

In simplest terms, the US buys Canadian oil at a discount and exports at full price, which currently yields a US$19 billion annual windfall.

So how does anyone come up with this crazy idea that the US is subsidizing Canada in their trade relationship?
 
bobcat said:
Curious. Why do you feel it is rigged against you?
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For just one thing, I understand that the delay between pressing 'Enter' and owning or selling the stock is much longer for me than for the big guys, in fact, it may be deliberately paused at one of many junctures, so they say or maybe not --how would I know?
For just one more thing, I don't necessarily trust the financials provided by the companies. At the very least they are seen through rosy glasses.
Also remember the advantages of insider trading. And false rumors deliberately spread.
We're just tasty goldfish in a big mean toothy pond. A layperson working alone is at a disadvantage, I am convinced.
 
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Canada has bigger problems to worry about, from China having a foot in their elections to things outlined in:

https://www.rebelnews.com/privy_council_report_admits_the_imminent_collapse_of_middle_class

Privy Council report admits the imminent collapse of the middle class​
​
The startling survey reveals that the collapse of the middle class and the widespread unaffordability of independent living are looming threats, which are likely to escalate.​
 
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The DOW is up 2500 with 1 1/2 hour to close today. Its a suicidal day.
Buffet probably made a couple billion today! He hasn't lost any so far with the skids.

Anybody willing to buy an MT Fed. building around DC ?
I'm guessing some guy in a gold tinted room is playing with the markets, making tariff threats and stuff. Another Ponzi Scheme?
 
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  • Donald Trump announces a 90-day pause on higher tariffs for dozens of countries - but hikes levies on China to 125%
  • There will now be a universal tariff of 10% on all countries' goods, except for China
  • He says the higher rate for China is because of "the lack of respect that China has shown to the world's markets"
  • Earlier on Wednesday, China announced an 84% tariff on US imports after Donald Trump imposed a 104% tariff on Chinese goods entering the US
 
gruntlabor said:
For just one thing, I understand that the delay between pressing 'Enter' and owning or selling the stock is much longer for me than for the big guys, in fact, it may be deliberately paused at one of many junctures, so they say or maybe not --how would I know?
For just one more thing, I don't necessarily trust the financials provided by the companies. At the very least they are seen through rosy glasses.
Also remember the advantages of insider trading. And false rumors deliberately spread.
We're just tasty goldfish in a big mean toothy pond. A layperson working alone is at a disadvantage, I am convinced.
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You apparently don't do trading. When you do a buy, you place a limit order, and you set the price. You also can place the order "Good till cancelled", and when your price is reached, the order is triggered and goes through to anyone willing to sell at that the price you're willing to buy at. It works the same way when selling, you set the price. There are other types of orders also, "Stop Orders, and "Stop Limit orders".

Also, you aren't just locked into buying or selling stock in a company. You can buy mutual funds, you can buy ETF's that are spread out holdings in the S&P 500, or even real estate stocks called REIT's. Anyway, enough of that.

All I'm saying is that you can do quite well on your own, if that's your choice, but if you're gonna be a day trader doing 10 trades a day and run with the big guys, you'd better be plugged in and have a wealth of knowledge.
 
hollydolly said:
  • Donald Trump announces a 90-day pause on higher tariffs for dozens of countries - but hikes levies on China to 125%
  • There will now be a universal tariff of 10% on all countries' goods, except for China
  • He says the higher rate for China is because of "the lack of respect that China has shown to the world's markets"
  • Earlier on Wednesday, China announced an 84% tariff on US imports after Donald Trump imposed a 104% tariff on Chinese goods entering the US
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As a business owner, I can tell you that a lot of people's time and energy were wasted due to these ridiculous shenanigans.
 
The art-f___ the Deal, overvaluing everything you got, offering ridiculous prices and paying tons more than ya got,
Borrow it from a Nieve bank that has tons of little unaware peoples investor money in it & then declare bankruptcy, repeat.
Travel around with 6 Black SUV, you safe, keep on keeping on! No Conscious, ____ everybody.
 
hollydolly said:
Most Tarrifs have been put on pause for 90 days..according to a Newsflash ....,,except China where it has been raised.
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we buy a lot from China but not like companies are going to leave China and set up factories here and pay workers a few dollars an hour .

I would like to see meds made here as that is simply national security but that is done with tax incentives , other incentives so they come here not tariffs .
 
That Casino is a cleaned-up rubbish pile now ?
The actual reason of the failed, bankruptcies were competition.
-------------------------------
Managed competition is not in a manilla folder for operational capabilities.
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Declaire Bankruptcy 3 or 4 times is. So now the Federal Government has to declare bankruptcy?

Sure, its planned too!
 
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