[Stu from NYC]

Originally Posted by MicRoDrafting

UNFORTUNATELY
the Tariffs are NOT going
to be dropped anytime soon

you appear to be missing the
picture behind the purpose …

… to TANK the World Economy
and Create a Great Depression,

the likes we have
never seen before

Guess you are a charter member of the world conspiracy theory club.

[ElDiabloJoe]

Here's why I'm not too bothered by all this volatility. The long game is to get the U.S. and its corporation productivity back on better footing. Sometimes you have to shake the box to get the items to resettle more favorably.

Between 2000 and 2010, the DJIA pretty much sat around and hovered at about 10,000 points. It was stagnant between Y2K bug fears and the great real estate bubble in 2008 with the technology bubble bursting in between.

10 years of nothing happening. Then between 2010 and 2020, it quadrupled to over 40,000 points. 45 or 46 at a high. We are still at around 36,000 points - still WAYYYY better off than we were just 20 years ago,

We have been up and down between low/mid 40's and high 30,000 points since the global COVID issue (scam or not is another topic). The last half-decade has been relatively stagnant at about 40,000 points (give or take 5,000).

So, if you have cash, if you are a dollar cost average contributor, just wait it out. You do NOT want to cash out now and miss out on the potential of quadrupling again in the next 10 years.

Let the big macro game play out and we will be better off as a country. China has to be taken to task and this imbalance resolved now while we can still do it. Too much longer and it will be a lost battle. It is a battle we MUST win.

[RickyLee]

Originally Posted by skarra

No good will come from tariffs other than to enable a new coalition of world partners lead by BRICS. China is loving this - we're basically saying we want no part of leading the world and someone else needs to do it.


Sad times for us, but the beginning of a new empire which ultimately might be good for the world in helping distribute the wealth more evenly.

Yeah that's what I'm thinking, let China take over leading the world and distributing the wealth
😬😂🤣🤣🤣

[jimjamuser]

Originally Posted by Rainger99

If I could predict the market, I would have retired 20 years ago!

That being said, I think Covid was a far more serious threat to the world economy than a tariff dispute. And the stock market was on fire during Covid so I am optimistic.

If you are Canadian, which will you remember longer - Covid or being let down by the country that you FOUGHT with in 2 World Wars?

[Rainger99]

Dow surges 2,000 points, Nasdaq jumps 7%!!

My wife is happy!!

[golfing eagles]

All I can say is that I should have bought the .VIX last week

[Aces4]

Originally Posted by jimjamuser

If you are Canadian, which will you remember longer - Covid or being let down by the country that you FOUGHT with in 2 World Wars?

Or will you remember longer how you wouldn't agree to fair trade?

[Pballer]

Now that the insiders finished loading up on stocks, it was time for the tariffs to come off and say that was the plan all along.

[jimjamuser]

Originally Posted by Aces4

Or will you remember longer how you wouldn't agree to fair trade?

Canada did NOT start the tariff fight.

[Rainger99]

Originally Posted by Aces4

Or will you remember longer how you wouldn't agree to fair trade?

Before the current Trade Disputes, Canada had the following tariffs:

- Dairy products: Up to 298% (e.g., butter) and 245% (e.g., cheese).
- Poultry: Up to 238% (e.g., chicken).
- Eggs: Around 163%.

The tariffs were to protect Canada’s farmers.

[Aces4]

Originally Posted by jimjamuser

Canada did NOT start the tariff fight.

They only created the need for it, right?

[Aces4]

Originally Posted by Pballer

Now that the insiders finished loading up on stocks, it was time for the tariffs to come off and say that was the plan all along.

Yeah, we all know only insiders can load up on stocks.

[Stu from NYC]

Originally Posted by Rainger99

Before the current Trade Disputes, Canada had the following tariffs:

- Dairy products: Up to 298% (e.g., butter) and 245% (e.g., cheese).
- Poultry: Up to 238% (e.g., chicken).
- Eggs: Around 163%.

The tariffs were to protect Canada’s farmers.

Amazing how some people think it is ok for other countries to take advantage of us

[kkingston57]

Originally Posted by Rainger99

But she pointed out that two years ago the Dow closed at 33,485. It closed at 37645 today so it is up 4160 in two years. According to her calculations, we are up 12.4%! That is the problem with education!!!

Proves the point that you can manipulate numbers. Like in a dip,stocks go from 3000 to 1500 and the dip is 50% but when stock goes up from 1500 to 3000 the rise will need to be 100%

[Whatnext]

Originally Posted by Rainger99

Before the current Trade Disputes, Canada had the following tariffs:

- Dairy products: Up to 298% (e.g., butter) and 245% (e.g., cheese).
- Poultry: Up to 238% (e.g., chicken).
- Eggs: Around 163%.

The tariffs were to protect Canada’s farmers.

Those rates only kicked in if imports exceeded a certain amount.
To date, those amounts have not been exceeded, and no US exporter has paid them.