08-05-2019, 09:43 PM
(08-05-2019, 03:29 PM)vbin Wrote: Trump is going to Sattle with Chinese in some way around elections , he will try to pull out of Afghanistan around that time too. After that this drama might continue again. Trump is in for the second term and markets might go for a spin after that is what I think. But as long as we hold real quality stocks bougt at not overpriced eveluations. Things will be fine in the end.
Yup. He's about to get a lesson in trying to accomplish too much too fast against a powerful Communist economy. I really hoped he would settle for some small positive steps now, and an agreement we are going to fix more problems annually. If he loses his cool and tries to "win" soon we will see some real pain. He wants to be re-elected and clearly considers the stock market his report card. That will save us. Just don't ask me when. If he thinks the FED can save him he is mistaken. They can't nor should they. We need to save rate drops for a real recession. I am really really hoping he doesn't elevate tariff %s. It;s never worked before. He isn't special in this regard.
I agree with Trump's desire to address this. I was absolutely certain it would not go down like he thought.