YouBet said:
infinity ag said:
aezmvp said:
infinity ag said:
When will the markets reach break even for 2025? Will it happen this year?
I have put many large expenses on hold for this. Home improvement, car etc. I don't want to spend on those until the market comes back.
I would expect there to be a 6 to 18 month correction. Trump is attempting to rewrite the post war order. It's going to take a significant amount of time to see the benefits from that. Lots of companies have sunk huge amounts of money into China and allowed it to become the center of production. China has been a bad actor in this for decades. Industrialized IP theft, knock offs, slave labor, and they used huge trade imbalances with the world to boot strap their country but in ways hostile to the US. In additional they're running an Opium War strategy on us.
Do you realize more people died from overdoses in the US from 2020 to 2023 than died in combat in WWII? Once they release the figures for 2024 it will exceed all service member deaths than during the war. China through their long standing support of the cartels and the drug trade in the US will have contributed to more deaths than every war in US history. Respectfully your large expenses are less important than getting the nation's house in order on things like this. And that will include some financial turmoil.
It's not ideal, but long overdue and necessary. China needs to be removed from our supply chain and we need to stop a lot of what they're doing to us.
Good post, thank you. I think you are right.
I have been anti-China for at least 20 years. Good to see something happening. This is what happens when we rely on greedy CEOs to take the decisions. They will go with whatever is cheap (so they maximize their bonuses). The Govt has to step in to course correct.
Business 101: Maximize profits.
Maximizing Profits = increase revenue while decreasing costs.
The current globalist system that allows CEO's to outsource to cheaper countries for production was set up by and has been maintained by the US government, so if you want to get mad at someone then get mad at the government for creating and maintaining the system that allows for Business 101 to be exercised.
I won't deny there are some ahole CEO's that do shady crap, but you paint with such broad brushes on this topic that it's hard to take you seriously. Everything bad in business is the CEO's fault in your world.
I am mad at both scumbag CEOs and scumbag US politicians. You can read my posts, they are both equally dirty.
In the high tech world, most US CEOs are shady, lie a lot, cheat and are unethical. I have seen enough in 26 years. They do not love America, they love to cannibalize this country to enrich themselves. Since very few TexAggers are in high tech, they are not aware of what goes on behind the scenes. Hence they sing songs like "we need to bring the best and brightest from abroad". That ain't happening for the past 20 years. The bright ones come but also the intellectual basement dwellers. We need to stop the latter.
Condemn them all.
Quote:
Maximizing Profits = increase revenue while decreasing costs.
You read that in your business class textbook and so did I.
But it is not quite complete. If you do just the above, the local population will be pissed off as you (the CEO) are just a taker and not a giver. They will hit back in many ways, some legal, some illegal. A good CEO will give back to keep the locals happy and take a small hit to naked profitability. Why do you think so many CEOs started DEI? Even crooks like Dimon (who is condemning it now when the trend changed). You think they care about gays or LGBTQ? No, they wanted to pander for profits.
It is now time for companies to pander to AMERICANS.
