The Trump Economy

[keepthefaith]

On 4/4/2018 at 7:32 AM, Tiberius said:

Raise your hand if you love the idea of making shipping of Amazon stuff more expensive!! We can spend our tax cuts on higher costs of imported goods and more expensive shipping! Trumpbots will like the idea because Trump does. 

 

 

 

Amazon has started its own delivery arm and will likely offer package shipping service competitive to UPS and Fedex in the not too distant future and they're going to more self serve locations.  In some areas they already delivery most of their own packages.  They are merely renting UPS/Fedex and the USPS until they don't need much of them. 

[DC Tom]

The Constitution gives Congress the power to levy tariffs.  Congress gave it over to FDR in the '30s as part of the progressive view on trade and economic planning.  80 years later, and after 8 years of Obama, progressives have convinced everyone that there is no Congressional redress for Presidential action.  Thereby empowering Trump to seek a foolishly petulant trade war with our largest trading partner, 

 

Thanks, Progressives!  The only saving grace is that there's a chance Congress will wake up and exercise their Constitutional authority...which we never would have seen happen with Queen Hillary I.

[Tiberius]

3 minutes ago, DC Tom said:

The Constitution gives Congress the power to levy tariffs.  Congress gave it over to FDR in the '30s as part of the progressive view on trade and economic planning.  80 years later, and after 8 years of Obama, progressives have convinced everyone that there is no Congressional redress for Presidential action.  Thereby empowering Trump to seek a foolishly petulant trade war with our largest trading partner, 

 

Thanks, Progressives!  The only saving grace is that there's a chance Congress will wake up and exercise their Constitutional authority...which we never would have seen happen with Queen Hillary I.

Nope! Can't blame Progressives for Trump's stupidity. They were reacting to Republicans protecting big business with the Smoot Hawley Tariff which saw global trade collapse by 2/3 after it was passed. 

 

Thanks Conservatives! 

[slaphappy]

11 minutes ago, Tiberius said:

Nope! Can't blame Progressives for Trump's stupidity. They were reacting to Republicans protecting big business with the Smoot Hawley Tariff which saw global trade collapse by 2/3 after it was passed. 

 

Thanks Conservatives! 

Is it your position that trading cheap debt financing, sale of US owned companies and real estate to the Chinese is a sustainable trade policy? That's pretty much what we get in return. Seems to me that's just selling current and future assets for cheaper goods in the near term.

[Tiberius]

7 minutes ago, slaphappy said:

Is it your position that trading cheap debt financing, sale of US owned companies and real estate to the Chinese is a sustainable trade policy? That's pretty much what we get in return. Seems to me that's just selling current and future assets for cheaper goods in the near term.

I do see the trade policies we have in place as sustainable. What do you see happening with those issues to us? You think tariffs will fix anything? 

[3rdnlng]

40 minutes ago, DC Tom said:

The Constitution gives Congress the power to levy tariffs.  Congress gave it over to FDR in the '30s as part of the progressive view on trade and economic planning.  80 years later, and after 8 years of Obama, progressives have convinced everyone that there is no Congressional redress for Presidential action.  Thereby empowering Trump to seek a foolishly petulant trade war with our largest trading partner, 

 

Thanks, Progressives!  The only saving grace is that there's a chance Congress will wake up and exercise their Constitutional authority...which we never would have seen happen with Queen Hillary I.

You do know that Trump's pronouncement gives plenty of time to negotiate the tariffs and that the Chinese didn't even put a date on the start of their tariffs? Trump is, as usual, using them as a negotiating ploy.

[Tiberius]

7 minutes ago, 3rdnlng said:

You do know that Trump's pronouncement gives plenty of time to negotiate the tariffs and that the Chinese didn't even put a date on the start of their tariffs? Trump is, as usual, using them as a negotiating ploy.

Trump has a plan? Ya right, only Trumpbot losers believe that. This is all politics to keep you and the rest of his diplorables in line 

[row_33]

At the very least the US won’t be a bowing and scraping lackey dog when handling foreign trade unlike when John Kerry was giving away everything

 

john, you are a big Red Sox fan

 

John: uh.... yes I am, nothing than better than gong to Fenway to watch my favourite player Manny Ortez 

 

Golly gee, Manny !@#$in Ortez is great, ain’t he?

 

 

[3rdnlng]

5 minutes ago, Tiberius said:

Trump has a plan? Ya right, only Trumpbot losers believe that. This is all politics to keep you and the rest of his diplorables in line 

Nice. At least we deplorables know how to spell it.

[Tiberius]

1 minute ago, 3rdnlng said:

Nice. At least we deplorables know how to spell it.

You Trumpkins know that word. Gees, Trump tweets something, you guys five minutes later adopt it as your position. 

[3rdnlng]

3 minutes ago, Tiberius said:

You Trumpkins know that word. Gees, Trump tweets something, you guys five minutes later adopt it as your position. 

You have no clue what you are saying. Because of Trump our country is much better off than it was a year and a half ago.

[Taro T]

57 minutes ago, 3rdnlng said:

You have no clue what you are saying. Because of Trump our country is much better off than it was a year and a half ago.

 

58 minutes ago, 3rdnlng said:

You have no clue what you are saying. Because of Trump our country is much better off than it was a year and a half ago.

 

True.  But from his perspective is it?

 

Things keep going forward like they appear, he'll be forced to think for himself soon.  That CAN'T be good.  And is probably even a little scary too.

[Tiberius]

17 minutes ago, 3rdnlng said:

You have no clue what you are saying. Because of Trump our country is much better off than it was a year and a half ago.

Exactly what anyone would expect a Trumpbot to say. He can say and do and sh it anything and you would worship it 

[Juror#8]

2 hours ago, 3rdnlng said:

You have no clue what you are saying. Because of Trump our country is much better off than it was a year and a half ago.

 

No it’s really not. And that’s coming from someone who doesn’t necessarily mind trump. 

 

Its not really better or worse. It just is. You can point to some **** that’s better and I can point to some **** that worse. And then vice versa. What I do know is that because of trump, the freakin futures are down again and so swing trading my usually reliable retail and tech stocks is becoming an exercise in Euclidean geometry. I made a good amount of money a year and a half ago with my brokerage account and doing the undoable - timing the market. Now, because trump can’t stay off the twitter box, the market is an unpredictable mess half the time. 

 

I seriously am about to take up shorting stocks because it seems easy to establish a short position, and just wait patiently for trump to get on Twitter,  the market to tank, and then profit. 

 

That sucks. 

 

Oh and then he’s paying off porn stars (of course he’s not), and **** talking our biggest trade partners (of corse he’s not), and going golfing every other !@#$ing moment at his own resorts on tax payer dollars (of course he’s not). 

 

I want the economy to be relatively stable, the job market to not be the tank, domestic tranquility, minimal government scandals, and a sense that we aren’t on the brink of war with a nuclearized sovereign nation. 

 

Not asking a lot. 

 

Obama provided that (on the surface) and Trump is too for the most part. 

 

All the ‘trump is great and Obama was _______,’ is hyperbole and hypocritical. Cant people just call a spade a spade instead of dick licking one political party or another on a !@#$ing football forum. Or is that asking too much?

 

Not directed at any one in particular, but I seriously wonder is Barbara Boxter or Walter Mondale or Michael Dukakis booty-gooned your dad at some pivotal point in your personal and political development and forced you to watch while your mother made everyone lambskin moccasins in the adjoining room. 

 

You !@#$ing oppressively partisan dolts. 

Edited April 6, 2018 by Juror#8

[keepthefaith]

22 minutes ago, Juror#8 said:

 

No it’s really not. And that’s coming from someone who doesn’t necessarily mind trump. 

 

Its not really better or worse. It just is. You can point to some **** that’s better and I can point to some **** that worse. And then vice versa. What I do know is that because of trump, the freakin futures are down again and so swing trading my usually reliable retail and tech stocks is becoming an exercise in Euclidean geometry. I made a good amount of money a year and a half ago with my brokerage account and doing the undoable - timing the market. Now, because trump can’t stay off the twitter box, the market is an unpredictable mess half the time. 

 

I seriously am about to take up shorting stocks because it seems easy to establish a short position, and just wait patiently for trump to get on Twitter,  the market to tank, and then profit. 

 

That sucks. 

 

Oh and then he’s paying off porn stars (of course he’s not), and **** talking our biggest trade partners (of corse he’s not), and going golfing every other !@#$ing moment at his own resorts on tax payer dollars (of course he’s not). 

 

I want the economy to be relatively stable, the job market to not be the tank, domestic tranquility, minimal government scandals, and a sense that we aren’t on the brink of war with a nuclearized sovereign nation. 

 

Not asking a lot. 

 

Obama provided that (on the surface) and Trump is too for the most part. 

 

All the ‘trump is great and Obama was _______,’ is hyperbole and hypocritical. Cant people just call a spade a spade instead of dick licking one political party or another on a !@#$ing football forum. Or is that asking too much?

 

Not directed at any one in particular, but I seriously wonder is Barbara Boxter or Walter Mondale or Michael Dukakis booty-gooned your dad at some pivotal point in your personal and political development and forced you to watch while your mother made everyone lambskin moccasins in the adjoining room. 

 

You !@#$ing oppressively partisan dolts. 

 

You could have just shorted GE last year, left your position in place and gone on a lengthy vacation while making money every week.

Edited April 6, 2018 by keepthefaith

[Azalin]

53 minutes ago, Juror#8 said:

 

What I do know is that because of trump, the freakin futures are down again and so swing trading my usually reliable retail and tech stocks is becoming an exercise in Euclidean geometry.

 

 

 

All in all, my 401k has had almost a 42% gain since the Trumpster took office, but you are the first person to make me laugh at a Euclidean Geometry joke.

 

Thank you!

 

[3rdnlng]

2 hours ago, Juror#8 said:

 

No it’s really not. And that’s coming from someone who doesn’t necessarily mind trump. 

 

Its not really better or worse. It just is. You can point to some **** that’s better and I can point to some **** that worse. And then vice versa. What I do know is that because of trump, the freakin futures are down again and so swing trading my usually reliable retail and tech stocks is becoming an exercise in Euclidean geometry. I made a good amount of money a year and a half ago with my brokerage account and doing the undoable - timing the market. Now, because trump can’t stay off the twitter box, the market is an unpredictable mess half the time. 

 

I seriously am about to take up shorting stocks because it seems easy to establish a short position, and just wait patiently for trump to get on Twitter,  the market to tank, and then profit. 

 

That sucks. 

 

Oh and then he’s paying off porn stars (of course he’s not), and **** talking our biggest trade partners (of corse he’s not), and going golfing every other !@#$ing moment at his own resorts on tax payer dollars (of course he’s not). 

 

I want the economy to be relatively stable, the job market to not be the tank, domestic tranquility, minimal government scandals, and a sense that we aren’t on the brink of war with a nuclearized sovereign nation. 

 

Not asking a lot. 

 

Obama provided that (on the surface) and Trump is too for the most part. 

 

All the ‘trump is great and Obama was _______,’ is hyperbole and hypocritical. Cant people just call a spade a spade instead of dick licking one political party or another on a !@#$ing football forum. Or is that asking too much?

 

Not directed at any one in particular, but I seriously wonder is Barbara Boxter or Walter Mondale or Michael Dukakis booty-gooned your dad at some pivotal point in your personal and political development and forced you to watch while your mother made everyone lambskin moccasins in the adjoining room. 

 

You !@#$ing oppressively partisan dolts. 

Your timing is really wrong here.

[/dev/null]

6 hours ago, Juror#8 said:

 

 

Cant people just call a spade a spade

 

[Juror#8]

7 hours ago, keepthefaith said:

 

You could have just shorted GE last year, left your position in place and gone on a lengthy vacation while making money every week.

 

Man I'm still not sure if I feel comfortable shorting the market. My long plays (specifically Shopify since $55, Netflix since $104, and nvda since $81) have paid off handsomely. But it’s days when my swing plays are so far in the red that I wish that I had more confidence to establish short positions. 

[Juror#8]

5 hours ago, 3rdnlng said:

Your timing is really wrong here.

 

I really hope there isn’t some issue with your family  that my post inadvertently related to. 

 

Any fun little personas on tsw notwithstanding, I’m trying to be on some real human interest **** for a minute. No bs, personally addressing someone’s family is just not part of my shtick. 

 

I even prefaced the message to avoid any attribution conundrums. I’m hoping your dad isn’t in the hospital or something. Even though I wasn’t going at your fam, I’d still feel like **** on principle. 

 

Whatever is is going on (which I hope is nothing and I’m just misunderstanding your post), my sincerest well-wishes. And that’s Jason talking, not Juror. 

1 hour ago, /dev/null said:

 

My dick isn’t racist though. It has one good eye and only sees kitty. That’s really what matters. 

Edited April 6, 2018 by Juror#8

[GG]

8 hours ago, Juror#8 said:

 

...

Obama provided that (on the surface) and Trump is too for the most part. 

 

All the ‘trump is great and Obama was _______,’ is hyperbole and hypocritical. Cant people just call a spade a spade instead of dick licking one political party or another on a !@#$ing football forum. Or is that asking too much?

....

 

The same concept applies to the Trump Economy thread as it does to many other Trump related threads.  If you disassociate the bloviating rhetoric of both guys and focus solely on what has been done, there shouldn't even be a debate on which one has been better for the economy.

[Juror#8]

7 hours ago, Azalin said:

 

 

All in all, my 401k has had almost a 42% gain since the Trumpster took office, but you are the first person to make me laugh at a Euclidean Geometry joke.

 

Thank you!

 

 

Oh for the record my 401k is up as well. Nicely. But so too was it under the big O’s leadership. 

 

The issue is with the market ebbs and flows under trump. He is instilling so much volatility and uncertainty into the market because of his unpredictability, that any comfortable swing trading philosophy is nearly out the door. 

 

The market is always volatile and it’s tough to time it. But before there was never the variable of presidential jackassery to make your long money menstruate.  

[Juror#8]

1 hour ago, GG said:

....

 

The same concept applies to the Trump Economy thread as it does to many other Trump related threads.  If you disassociate the bloviating rhetoric of both guys and focus solely on what has been done, there shouldn't even be a debate on which one has been better for the economy.

 

Again, I don’t have any problem with trump save for what I’ve said around how his unpredictability affects my pockets. I don’t think he is an exceptional president. He probably never will be.  But I don’t think he has to be either. I don’t think he’s a bad president. He’s different. 

 

Keep us safe, protect the borders, minimize scandals, keep the economy afloat. 

 

That’s been my threshold expectation for presidential competency for every potus and it’s what I expect from him. Obama did just those things and he was a good president. W had some challenges; I categorize him as low to middling. Clinton was a very good president. Hw was an ok president. Reagan was a very good president. Carter was low to middling. Ford was incomplete. Nixon was a bad president (though I’ve had conversations with a guy named Dino Brugioni and he told great stories about Nixon and thought he was a brilliant president just at the wrong time). Lbj was a bad president. Kennedy was a good president. Blah blah blah ...

 

Anyway, my idea of good economy may differ from yours. I don’t see the economy any differently from the standpoint of my mother!@#$in pockets. And that’s how I look at the economy ... what keeps more money in my bank account. I make six-figures a year. I don’t see any more benefit now than I did before. The tax cuts didn’t do a damn thing for me.  My 401k is diversified enough where it seems to be resilient - administration notwithstanding. My play money brokerage account is a **** show every time trump gets on the twitter box. I used to have a position in baba and bsti and jd (ticker symbols). With all the China stuff, I pulled clear because trump is making a mess of those relations. I ate the loss and moved on. Gas is still cheap. Groceries have gone up. I have friends who are working and those who arent.

 

**** happens, right?

 

Sure, some hoe nigga who runs some huge Corp and sits in an cherrywood appointed office and sips some !@#$in Inglenook while they get head under their desk might be living that bountiful life because of trump. 

 

Im just a nigga making an ok paycheck and focused on buying vacation property in South Carolina so I can rent it out to spring breakers. 

 

My personal economy aint seen no bump from trump. 

 

But keep trumpeting those numbers and data points. A lot of that was questionable when the big o was in office but now it’s the ****. Anyway, y’all focus your attention there; I’ll keep my eyes and ears in the streets. Not a diss either. Just an understanding of a different paradigm of what constitutes “better.” 

Edited April 6, 2018 by Juror#8

[row_33]

Thanks juror, I enjoy your posts

[keepthefaith]

3 hours ago, Juror#8 said:

 

Man I'm still not sure if I feel comfortable shorting the market. My long plays (specifically Shopify since $55, Netflix since $104, and nvda since $81) have paid off handsomely. But it’s days when my swing plays are so far in the red that I wish that I had more confidence to establish short positions. 

 

So Trump = Good for the market

 

But there will be some weightless humps

[DC Tom]

3 hours ago, Juror#8 said:

 

Man I'm still not sure if I feel comfortable shorting the market. My long plays (specifically Shopify since $55, Netflix since $104, and nvda since $81) have paid off handsomely. But it’s days when my swing plays are so far in the red that I wish that I had more confidence to establish short positions. 

 

Close to my portfolio (though I got in to nvidia later.)  

 

Moved a good chunk of my portfolio in to gold right now, though.  Don't like shorting "the market" either, but gold's a reasonable proxy, particularly when you've got a trade war, increasing interest rates, and an overbought market on the near horizon.

[Koko78]

3 hours ago, Juror#8 said:

Sure, some hoe nigga who runs some huge Corp and sits in an cherrywood appointed office and sips some !@#$in Inglenook while they get head under their desk...

 

Damn, I now have a goal in life.

[GG]

1 hour ago, DC Tom said:

 

Close to my portfolio (though I got in to nvidia later.)  

 

Moved a good chunk of my portfolio in to gold right now, though.  Don't like shorting "the market" either, but gold's a reasonable proxy, particularly when you've got a trade war, increasing interest rates, and an overbought market on the near horizon.

 

Don't forget to also share your apocalypse predictions

[3rdnlng]

28 minutes ago, Koko78 said:

 

Damn, I now have a goal in life.

Trust me, it's not all it's made out to be. I once ran out of Shiraz and had to settle for Cabernet. Besides that, I can never get my chair at the right height for the one I prefer.

[Juror#8]

4 hours ago, DC Tom said:

 

Close to my portfolio (though I got in to nvidia later.)  

 

Moved a good chunk of my portfolio in to gold right now, though.  Don't like shorting "the market" either, but gold's a reasonable proxy, particularly when you've got a trade war, increasing interest rates, and an overbought market on the near horizon.

 

If you don’t mind me asking, gold shares or coins? Been thinking about jumping into metals as a hedge against this craziness and unpredictability. I’m down five figures over the last week. Low five figures but five figures just the same. One of those days when I just don’t log into etrade. Needless to say, I’m considering some strategic reappraisal. 

 

Shopify, I think, may pay for my kids’ college tuition and first house. I’ll stop there because I don’t want this to come off as stock pumping because that’s not what I’m trying to do. 

[Juror#8]

5 hours ago, keepthefaith said:

 

So Trump = Good for the market

 

But there will be some weightless humps

 

I think there have been stronger flows but weirdly timed, volatile, and more frequent ebbs than under O. That’s to say that O’s markets were more stable. He rehabilitated the mess that was left at the end of w. Bush’s administration. After that I don’t recall a lot of volatility. There were some healthy corrections when the market was starting to get overbought. But nothing like this. 

 

Seriously trump will tweet, and then look at futures. They tank. It happened last night. Trump tweeted about another tariff and I watched some of my positions lose 5% in the aftermarket and they got worse today.  

 

That’s the issue that I have. 

Edited April 6, 2018 by Juror#8

[leh-nerd skin-erd]

21 minutes ago, Juror#8 said:

 

If you don’t mind me asking, gold shares or coins? Been thinking about jumping into metals as a hedge against this craziness and unpredictability. I’m down five figures over the last week. Low five figures but five figures just the same. One of those days when I just don’t log into etrade. Needless to say, I’m considering some strategic reappraisal. 

 

Shopify, I think, may pay for my kids’ college tuition and first house. I’ll stop there because I don’t want this to come off as stock pumping because that’s not what I’m trying to do. 

five figures with the cents or without?  it matters.

[DC Tom]

56 minutes ago, Juror#8 said:

 

If you don’t mind me asking, gold shares or coins? Been thinking about jumping into metals as a hedge against this craziness and unpredictability. I’m down five figures over the last week. Low five figures but five figures just the same. One of those days when I just don’t log into etrade. Needless to say, I’m considering some strategic reappraisal. 

 

Shopify, I think, may pay for my kids’ college tuition and first house. I’ll stop there because I don’t want this to come off as stock pumping because that’s not what I’m trying to do. 

 

SPDR gold trust.  

 

I don't want to seem like I'm pumping shares, either...but I feel that gold as a hedge against rising interest rates and a trade war is pretty common knowledge.  And if I'm hedging, I prefer the low volatility of an index fund.

[/dev/null]

7 hours ago, DC Tom said:

 

SPDR gold trust.  

 

I don't want to seem like I'm pumping shares, either...but I feel that gold as a hedge against rising interest rates and a trade war is pretty common knowledge.  And if I'm hedging, I prefer the low volatility of an index fund.

 

Have you ever recouped your investment on the purchase of several pallets of Tom Petty's Greatest Hits CDs?

[TPS]

On 4/6/2018 at 8:13 AM, GG said:

....

 

The same concept applies to the Trump Economy thread as it does to many other Trump related threads.  If you disassociate the bloviating rhetoric of both guys and focus solely on what has been done, there shouldn't even be a debate on which one has been better for the economy.

Certainly one can't compare Obama's first term, given the crisis, so I'd be willing to wager that there will be fewer jobs created during Trump's only term than Obama's second....unless you think there's a better definition of "better".....?

[snafu]

2 minutes ago, TPS said:

Certainly one can't compare Obama's first term, given the crisis, so I'd be willing to wager that there will be fewer jobs created during Trump's only term than Obama's second....unless you think there's a better definition of "better".....?

 

Can you compare like that? Right now there are fewer jobs to offer because more people are employed than when Obama started his first term. For Trump's economy to create more jobs, there would probably be a need for more job openings -- from new or expanding businesses. And if that happens, then wouldn't that be a better measure to compare between the two administrations (if you were inclined to do so)?

[3rdnlng]

7 minutes ago, TPS said:

Certainly one can't compare Obama's first term, given the crisis, so I'd be willing to wager that there will be fewer jobs created during Trump's only term than Obama's second....unless you think there's a better definition of "better".....?

 

[row_33]

Just now, snafu said:

 

Can you compare like that? Right now there are fewer jobs to offer because more people are employed than when Obama started his first term. For Trump's economy to create more jobs, there would probably be a need for more job openings -- from new or expanding businesses. And if that happens, then wouldn't that be a better measure to compare between the two administrations (if you were inclined to do so)?

 

tPs has made his mind up so facts won’t matter a smidgeon or a smidgen

 

the media spinning the perfection of Obama falls in with Hillary being up 17 points on Trump

 

 

 

[3rdnlng]

2 minutes ago, snafu said:

 

Can you compare like that? Right now there are fewer jobs to offer because more people are employed than when Obama started his first term. For Trump's economy to create more jobs, there would probably be a need for more job openings -- from new or expanding businesses. And if that happens, then wouldn't that be a better measure to compare between the two administrations (if you were inclined to do so)?

https://www.bing.com/search?q=elkhart+jobs+no+experience&form=PRHPR1&pc=HRTE&mkt=en-us&httpsmsn=1&refig=3979446858714677b32fa2283015c217&sp=4&qs=SC&pq=elkhardt+jobs&sk=SC3&sc=8-13&cvid=3979446858714677b32fa2283015c217

 

This is a community desperate for workers.

[TPS]

11 minutes ago, 3rdnlng said:

 

Yes, that's what I'm trying to get someone to do. Obama's economy was mediocre over the past 4 years, but I'm willing to wager, in the end, those Obama years will be better statistically (in jobs) than what the rose colored glasses-wearing trump supporters think his policies will do.