NASDAQ opened up this morning with a gain of 4%

Logos Stick said:

---

Gradin said:

---

The 90 day pause on a large percentage of the tariffs to China seems like Trump caving to the outside perspective. What did the tariffs with them actually do to help the US so far? I haven't seen evidence they gave up anything.

---

The U.S. agreed to lower the base level of tariffs on most Chinese goods to 30%, from 145%, while China said it would cut its levies on U.S. products to 10% from 125%.

I'd say that's a win.

And its not over.

---

It's certainly a win in the short term no doubt and hopefully the long term. I know China has a bad history of breaking deals but I'm curious how they could potentially break a tariff deal. Yes, they can manipulate their currency and steal IP, that won't change, but how do they break a tariff deal?

If they suddenly decide to raise their tariffs arbitrarily, we raise ours in response (and likely higher) so I'm not sure how they skirt it. Yes they can ship goods to other countries to avoid our tariffs but they do that today and probably not as much as we've now turned the screws on those other countries.

I also think it's less likely they decide to raise their tariffs on us as they've now felt the pain we've inflicted on them and they probably don't want a repeat performance (they don't care about their people but they certainly care about a massive revolt).

flown-the-coop said:

---

New Dem talking points are coming out on tariffs.

Ignore the markets and the trade deals being a positive impact. They are now clamoring that Trump has broken another promise that revenue from tariffs would be huge.

Since he is working these trade deals, we will now not realize the revenue from tariffs and Trump's agenda is at risk because he doesn't have the money coming in and will need to cut Cabbage Farts Medicare and Social Security to make up for the lost tariff revenue.

And plenty of libs and CMs will lap this up just to hate on Trump some more.

Libs hate success and try to destroy any strive for it.

---

even leftists can't follow all of that.

Trump will not realize the increase in tariffs so grandma has to die.

Better?

flown-the-coop said:

---

Trump will not realize the increase in tariffs so grandma has to die.

Better?

---

That is likely.

however, based on the results from the 2024 election:

a majority of Americans do not accept the lies from the Fake News and democrat politicians anymore.

a strong stock market and trillions of dollars of new investments will play a larger role than 'you won't get medicare anymore!"

Don't disagree. Simply pointing out what I have already heard from lib talking heads several times this morning.

frenchtoast said:

---

Trump is absolutely owning everyone right now.

---

Yeah, maybe so. But wait until his 4-D chess moves really kick in and hapless leftist turds are left wailing by the wayside.

flown-the-coop said:

---

New Dem talking points are coming out on tariffs.

Ignore the markets and the trade deals being a positive impact. They are now clamoring that Trump has broken another promise that revenue from tariffs would be huge.

Since he is working these trade deals, we will now not realize the revenue from tariffs and Trump's agenda is at risk because he doesn't have the money coming in and will need to cut Cabbage Farts Medicare and Social Security to make up for the lost tariff revenue.

And plenty of libs and CMs will lap this up just to hate on Trump some more.

Libs hate success and try to destroy any strive for it.

---

I'd say most critics were hoping for this result. That tariffs were mostly just a stick for negotiating.

But there were plenty of posters that bought in that we were revamping the whole worldwide system and that tariffs were going to make us rich.

BoydCrowder13 said:

---

flown-the-coop said:

---

New Dem talking points are coming out on tariffs.

Ignore the markets and the trade deals being a positive impact. They are now clamoring that Trump has broken another promise that revenue from tariffs would be huge.

Since he is working these trade deals, we will now not realize the revenue from tariffs and Trump's agenda is at risk because he doesn't have the money coming in and will need to cut Cabbage Farts Medicare and Social Security to make up for the lost tariff revenue.

And plenty of libs and CMs will lap this up just to hate on Trump some more.

Libs hate success and try to destroy any strive for it.

---

I'd say most critics were hoping for this result. That tariffs were mostly just a stick for negotiating.

But there were plenty of posters that bought in that we were revamping the whole worldwide system and that tariffs were going to make us rich.

---

I think most figured it was a negotiating tool with the added benefit of at least moving some manufacturing (which made sense) back to the United States.

I really do think Trump loves tariffs, which actually probably helps Bessent and others with their negotiations. Bessent is like "look, you better give me your best deal because my boss thinks tariffs are terrific."

Quote:

---

But there were plenty of posters that bought in that we were revamping the whole worldwide system

---

To be fair, even the talking heads on Bloomberg and CNBC were saying this was what was happening, and they are not exactly Trump friendly. They mostly love their quasi-socialist worldwide system.

at the end of the day the democrats are powerless

either the economy collapses and they take over in 2026

or the economy sees lower inflation, lower gas prices, more investments, higher stock market and the GOP romps for the next two elections

it is all about performance and results!

"Could have had such a joyful economy." - Concerned Moderate

AggieVictor10 said:

---

Thanks Donnie.

---

You are welcome!!

My retirement portfolio of Bitcoin, 401Ks, private brokerage and bank accounts just hit all time high this morning.

JWinTX said:

---

I'm just praying the OP is ok...we haven't heard from him/her/xe lately, so I'm a tad worried. If you're ok, please let us know. I am sure these are difficult times right now. Markets being cyclical and all...its a hard reality when things don't always go in one direction, especially when we have over 100 years of history to examine. But then again, with the public school system we have, I'll never assume that anything about financial history in the US being taught by any high school teacher in most districts.

---

Still battling termites on the OB forum as of May 7th last week. They're pesky suckers!!!

[url=https://www.cnbc.com/quotes/.DJI][/url]

Dow Jones Index
Uptrend
+1,084 +2.63%

S&P 500 5,831.95
Uptrend
+172 +3.04%

NASDAQ 18,668.11
Uptrend
+739 +4.12%

Kenneth_2003 said:

---

Quote:

---

---

I know several folks that "knew a crash/recession was coming and sold off and went to cash in the "hold" part. They think they're brilliant savant's! But here today they've bought nothing and are still in cash.

The problem with timing the market, you have to be lucky TWICE. You've got to sell near the top AND but near the bottom. ABB, just always be buying, and have some opportunity cash to put into the dips in addition to your regular buys.

---

Tale as old as time

You should balance your portfolio based on your age.

i was a little heavier in stocks than I should have been due to the run up. I will get that balanced a little better after we recover a bit more. I'm still down about 4% from February peak.

what concessions did we get from China?

Old McDonald said:

---

what concessions did we get from China?

---

https://texags.com/forums/16/topics/3542275

Old McDonald said:

---

what concessions did we get from China?

---

Did you buy puts today like your fellow libs?

Old McDonald said:

---

what concessions did we get from China?

---

Thanks for the reminder about just how great Trump is.

Logos Stick said:

---

Old McDonald said:

---

what concessions did we get from China?

---

Did you buy puts today like your fellow libs?

---

Get ready for the question.

"How much are puts?"

LOL.

bobbranco said:

---

Logos Stick said:

---

Old McDonald said:

---

what concessions did we get from China?

---

Did you buy puts today like your fellow libs?

---

Get ready for the question.

"How much are puts?"

LOL.

---

More like, "What's a put? Something racist/Privileged people can only use because of evil Wall Street?"

When will the markets hit break even for 2025?

-InfinityAg

coolerguy12 said:

---

7/17 at 2:45 CST is my guess. Have it all riding on that.

---

Dang I was way off. 2 months ahead of schedule.

At least I'm willing to come back address my mistake unlike Old MacDonald who never acknowledged his blatant lies from earlier in the thread.

bobbranco said:

---

Logos Stick said:

---

Old McDonald said:

---

what concessions did we get from China?

---

Did you buy puts today like your fellow libs?

---

Get ready for the question.

"How much are puts?"

LOL.

---

What's the stock ticker? PTS?

coolerguy12 said:

---

bobbranco said:

---

Logos Stick said:

---

Old McDonald said:

---

what concessions did we get from China?

---

Did you buy puts today like your fellow libs?

---

Get ready for the question.

"How much are puts?"

LOL.

---

What's the stock ticker? PTS?

---