If you think we've seen the worst in the stock market

rgp said:
I believe the goal is to bring a host of manufacturing back to the US. And I for one am in favor of that. I would rather pay a bit more for something manufactured here , than some [bargain] built outside our borders.

Think about it, most of the projected jobs restored and recreated are 'blue-collar' in nature. And that is a huge percentage of us here.

My stocks are down just now about $18,000 but I do believe it will come back, and since I just roll mine over [take no cash benefit] I'm buying now at a lower rate.

Ok, I'll be the ugly American. I want to get back to when America was number one in all aspects and I believe this is a start in that direction.

And the rest of the world will know it and respect it.
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but you need the ability to make those things here first , and to make them better and more cost effective then what we have from other country’s now or all you do is lower your standard of living .

we all only buy foreign goods for one reason , that is they represent the best value for our hard earned dollars

we don’t have any of that that in place. it could be years or never

we don’t have the ability to make all the things that got hit with tariffs .

plus if other countries levy tariffs on those manufacturers around the world , they may sell one additional car here and lose the sale of 3 around the world .

this was not a well thought out plan at all.

it will costs us all dearly
 

mathjak107 said:
but you need the ability to make those things here first , and to make them better and more cost effective then what we have from other country’s now or all you do is lower your standard of living .

we all only buy foreign goods for one reason , that is they represent the best value for our hard earned dollars

we don’t have any of that that in place. it could be years or never

we don’t have the ability to make all the things that got hit with tariffs .

plus if other countries levy tariffs on those manufacturers around the world , they may sell one additional car here and lose the sale of 3 around the world .

this was not a well thought out plan at all.

it will costs us all dearly
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Well, Ok we will need to suck-it-up for a few years , but I believe we can get back to when we were on top. @ one time nothing could compare to American made product quality. ................. And IMO we can get back to that.
 
rgp said:
Well, Ok we will need to suck-it-up for a few years , but I believe we can get back to when we were on top. @ one time nothing could compare to American made product quality. ................. And IMO we can get back to that.
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suck it up ? why ?

things are just fine now

i care about staying solvent more than gm selling a car .

there is nothing in it for us as consumers or investors , only a tax being levied on our pockets .
 

England suggests zero/zero tariffs. If the US agrees, things may settle down a little. If not, tariffs are about something besides fair trade. I think we are at a crossroads. The markets are responding positively this morning. Of course, one morning does not a trend make, and all the parts of the puzzle are not yet in place.
 
Further lows would not surprise me. In fact, I was expecting an uptick, just on the grounds that such a steep fall would likely take a breather.
 
Sounds like more war on workers by the capital class to me.

As far as cars go, there is recently used idle capacity and labor already on hand. Just waiting for the production to be repatriated from Canada and Mexico. Honda was already eyeing a plant in Mexico and has turned and instead will put it in Indiana. Flint Michigan has lots of idled capacity.

Large appliances (washers, dryers, kitchen items, water heaters, furnaces, etc.) can also be made in exiting idled facilities. Sure they'll need re-equipping and hiring, but we aren't talking about even 2 years to make that happen.

Small appliances are just as easy. Producing for the component supply chain, same same. It goes on and on and on.

Much of this is highly automated anyway, and doesn't require highly-skilled labor or exotic facilities. Semiconductors are another story and will take more time but not a decade or anything even close.

The only losers are probably those living off unearned income, ports, and many layers of middlemen. Sure, people on the coasts will need to suck it up but that's just life for a parasite. Sometimes an immunity comes along and theirs hosts will no longer support them.
 
JustDave said:
Further lows would not surprise me. In fact, I was expecting an uptick, just on the grounds that such a steep fall would likely take a breather.
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fomo , fear of missing out , has uptick days even in the worst down turns . but a down trend is a down trend until things have reason to reverse.

perhaps if the fed announced a rate cut it would help , but with all this chaos powell said rate cuts are on hold
 
mathjak107 said:
suck it up ? why ?

things are just fine now

i care about staying solvent more than gm selling a car .

there is nothing in it for us as consumers or investors , only a tax being levied on our pockets .
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suck it up .... calm down etc, people so worried about their 401retirement accounts . if gm isn't selling cars, particularly those built here .... then the nations economy may not stay solvent , and that affects us all.
 
rgp said:
suck it up .... calm down etc, people so worried about their 401retirement accounts . if gm isn't selling cars, particularly those built here .... then the nations economy may not stay solvent , and that affects us all.
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gm already went bankrupt and it effected nothing .

these tariffs are going to kill the economy and its population with it .

it will hurt all the big corporations who can no longer be competitive in the world markets because the tariffs on our products made them uncompetitive elsewhere .

no good ever comes from a trade war
 
mathjak107 said:
perhaps if the fed announced a rate cut it would help , but with all this chaos powell said rate cuts are on hold
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I can see that helping the market, but the Fed is holding rates high to reduce inflation, and inflation is the worry that is driving the market down right now. I worry about inflation more than the market, because that affects me more directly.
 
JustDave said:
I can see that helping the market, but the Fed is holding rates high to reduce inflation, and inflation is the worry that is driving the market down right now. I worry about inflation more than the market, because that affects me more directly.
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i worry about both since markets and rates provide much of our income .
 
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mathjak107 said:
gm already went bankrupt and it effected nothing .

these tariffs are going to kill the economy and its population with it .

it will hurt all the big corporations who can no longer be competitive in the world markets because the tariffs on our products made them uncompetitive elsewhere .

no good ever comes from a trade war
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I've voiced my opinion, and I stand by it.
 
there is often an assumption being made that in this milee of buying and selling and holding of stocks and shares around the world that these decisions are being made in a wise and erudite manner but of course we can never really be sure that this is really happening or we are just part of a mad emotional scramble for our side?
 
Joey said:
there is often an assumption being made that in this milee of buying and selling and holding of stocks and shares around the world that these decisions are being made in a wise and erudite manner but of course we can never really be sure that this is really happening or we are just part of a mad emotional scramble for our side?
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I think a lot of it is just rhetoric, either from actual scripts making the rounds or the repeated chanting by corporate "news" outlets that all bobblehead in unison.
 
I want to point out that all this fuss isn't just about the stock/bond markets. We have pissed off EVERYONE and it is affecting people's livelihoods. Our state of Maine relies heavily on the tourist industry. There have been several local news articles here about how so many people (mostly foreign) have canceled their summer reservations. One hotel owner in Ogunquit (beach town) is practically empty moving forward. We have seen several restaurants close around us too. "Our" arrogant attitude towards our allies is hurting a lot of people just trying to make a living.
 
bobcat said:
If you pay more for a basket of goods than you normally would (Based on manufacturing costs, delivery, and demand), the price is inflated. Whether these inflated prices contribute to an "inflation rate" remains to be seen (Will people demand higher wages to pay for the goods, thus forcing companies to raise prices further to offset wage growth), thus creating a spiral.

Whether heavy rains cause flooding, or it's due to inadequate drainage is a matter of debate, but it really doesn't matter when you're treading water.
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You framed this beautifully, Bobcat.
 
Myquest55 said:
I want to point out that all this fuss isn't just about the stock/bond markets. We have pissed off EVERYONE and it is affecting people's livelihoods. Our state of Maine relies heavily on the tourist industry. There have been several local news articles here about how so many people (mostly foreign) have canceled their summer reservations. One hotel owner in Ogunquit (beach town) is practically empty moving forward. We have seen several restaurants close around us too. "Our" arrogant attitude towards our allies is hurting a lot of people just trying to make a living.
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we do sincerely grief with you that's for sure!
 

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