Seems to be going a bit lower today as well...but not to worry, all this uncertainty is fine, no problem for the economy whatsoever...as long as there isn't a black Democrat in the WH in which case this uncertainty and volatility would be a disaster.John Q. Public wrote:QR_BBPOST Whoopsies! I saw that the Dow went straight down 150 points...
Master of understatement. Down 600 points on Chinese currency manipulation in response to Don's tariffs. Now if the stable genius can only convince the Fed to start manipulating the Dollar like he's been trying to do for the last 6 months....
Well, I wouldn't want to upset anyone.John Q. Public wrote:QR_BBPOST Master of understatement.
I'm not worried...after all, our fearless leader is a business genius who has all the best people working for him, and all those foreign leaders he has really great relationships with...it can only end well for us...I'm almost tired of all this winning.
In truth though, it will be a very bleak election for trump if the economy takes a dump.
Well, he decided that wouldn't be good for his reelection chances, so he changed his mind...again.John Q. Public wrote:QR_BBPOST He seems to know nothing about other sectors and he just extended his tariffs to toys and electronics just in time for Christmas
However, the industry uses the first quarter to re-fill the pipeline and new models are introduced in March, so watch for price increases then.
https://www.bloomberg.com/opinion/artic ... ncertainty
Wull, duh. What was their first clue?
I don't know about the industry. But I have to believe they don't wait till the last minute.
But some companies have been importing through Mexico for the last 5 years or so, so his tariffs would only affect the ones who don't. But it would give the others an opportunity to raise prices.
"How stupid is our country?"