Investing Thread

[Skatastrophy]

You guys should subscribe to my investing newsletter, it's full of enough guesses that a percentage of them will likely be right eventually.

[MU82]

All 3 major indexes well into the red now. Dabbling a little more, but no huge buys.

[MU82]

From the Columbus Dispatch:

Microsoft just canceled a billion dollar project to build three new data centers in Ohio shortly after the tariffs were announced.

About 1000 jobs and $150 million/yr revenue for the local economy will now be lost for Licking County, Ohio. About 500 construction and 550 permanent jobs were expected to be created by these data centers initially, with more projected later.

"Microsoft canceled leases totaling "a couple of hundred megawatts" of capacity with at least two private data-center operators, analysts led by Michael Elias told Reuters, citing supply chain checks."

Microsoft said it abandoned the $1 billion project "after careful consideration" of the shift in economic forecasting.

[rocky_warrior]

All 3 major indexes well into the red now. Dabbling a little more, but no huge buys.

Looks like yesterday morning's index lows held, which is good.

[Jockey]

I honestly believe that the goal was to tank the markets. The oligarchs will make ungodly profits when it goes back up

[The Sultan]

Trump has been protectionist since the 1980s and was railing about Japan. Some have undoubtedly latched onto him for personal gain, but he has had innaccurate views about tarrifs and trade deficits for a long time.

[TSmith34, Inc.]

I honestly believe that the goal was to tank the markets. The oligarchs will make ungodly profits when it goes back up

The dollar more specifically than the markets

[GB Warrior]

You guys should subscribe to my investing newsletter, it's full of enough guesses that a percentage of them will likely be right eventually.

Are you Jim Cramer

[SoCalEagle]

Dow, Nasdaq, s&p all down (again).

FTSE, CAC, DAX, Hang Seng, Nikkei all up.

[Pakuni]

Are you Jim Cramer

Or Heisenberg

[MU82]

Tariffs take effect. Futures down 2%.

Good night, y'all!

[The Sultan]

At least interest rates are rising...

[Uncle Rico]

At least interest rates are rising...

Great day today!  New, higher taxes begin for average Americans.  Let's see how the dollar looks later this week.

[The Sultan]

Great day today!  New, higher taxes begin for average Americans.  Let's see how the dollar looks later this week.

Taxes rising, interest rates rising meaning capital investment gets more expensive, mortgages rising, inflationary pressure all around.

Brilliant strategy based on outdated thinking from 40-50 years ago.

[Skatastrophy]

Big tarrifs from China this morning. This is going to spill over into the service sector next and that will be extremely painful.

[NCMUFan]

Big tarrifs from China this morning. This is going to spill over into the service sector next and that will be extremely painful.

Can you please elaborate more?

[MU82]

Taxes rising, interest rates rising meaning capital investment gets more expensive, mortgages rising, inflationary pressure all around.

Brilliant strategy based on outdated thinking from 40-50 years ago.

That was back when America was great, pal!

[Skatastrophy]

Can you please elaborate more?

Tariffs levied by nations during this trade war, so far, are on imported/exported physical goods. Things can be checked at ports and accounted for.

The thing is, the focus of this sort of trade war benefits the US because manufacturing is a small and shrinking part of the economy. Like 11% of the economy.

The US service economy, on the other hand, is vast and varied. Services companies dominate the S&P 500. Our services/software exports are crushing competitors globally and are our biggest strength. If Europe and Asia decide to tax those companies via tariffs, it may be devastating to US revenues and disruptive to our global dominance.

[The Sultan]

Tariffs levied by nations during this trade war, so far, are on imported/exported physical goods. Things can be checked at ports and accounted for.

The thing is, the focus of this sort of trade war benefits the US because manufacturing is a small and shrinking part of the economy. Like 11% of the economy.

The US service economy, on the other hand, is vast and varied. Services companies dominate the S&P 500. Our services/software exports are crushing competitors globally and are our biggest strength. If Europe and Asia decide to tax those companies via tariffs, it may be devastating to US revenues and disruptive to our global dominance.

bUt ThEy WiLl NeGoTiAtE bEcAuSe We ArE bIg AnD pOwErFuL!!111!!!

[NCMUFan]

Tariffs levied by nations during this trade war, so far, are on imported/exported physical goods. Things can be checked at ports and accounted for.

The thing is, the focus of this sort of trade war benefits the US because manufacturing is a small and shrinking part of the economy. Like 11% of the economy.

The US service economy, on the other hand, is vast and varied. Services companies dominate the S&P 500. Our services/software exports are crushing competitors globally and are our biggest strength. If Europe and Asia decide to tax those companies via tariffs, it may be devastating to US revenues and disruptive to our global dominance.

Thank you for the explanation.

[JWags85]

Tariffs levied by nations during this trade war, so far, are on imported/exported physical goods. Things can be checked at ports and accounted for.

The thing is, the focus of this sort of trade war benefits the US because manufacturing is a small and shrinking part of the economy. Like 11% of the economy.

The US service economy, on the other hand, is vast and varied. Services companies dominate the S&P 500. Our services/software exports are crushing competitors globally and are our biggest strength. If Europe and Asia decide to tax those companies via tariffs, it may be devastating to US revenues and disruptive to our global dominance.

I don't disagree, but that sort of escalation would maim China as well.  This just seems like tit-for-tat posturing that leads to some sort of agreement.  Not because Trump is some brilliant tactician, but because China needs the US far more than people like to admit.  Just like the US would be hurting significantly if they suddenly shut off all inexpensive Chinese imports, the Chinese economy would be brutalized with no tech/services/software from the US.  And their economy is far more precarious than they are letting on.  There is significant animosity in both directions, but we are inextricably tethered to each other.

[Skatastrophy]

I don't disagree, but that sort of escalation would maim China as well.  This just seems like tit-for-tat posturing that leads to some sort of agreement.  Not because Trump is some brilliant tactician, but because China needs the US far more than people like to admit.  Just like the US would be hurting significantly if they suddenly shut off all inexpensive Chinese imports, the Chinese economy would be brutalized with no tech/services/software from the US.  And their economy is far more precarious than they are letting on.  There is significant animosity in both directions, but we are inextricably tethered to each other.

I agree they're a paper tiger. I think China's posturing may give China the opportunity to cozy up to Europe, though. It's already worked with S.Korea and Japan. The risk, in my view, is that the US gets formally isolated from the global economy.

[forgetful]

Tariffs levied by nations during this trade war, so far, are on imported/exported physical goods. Things can be checked at ports and accounted for.

The thing is, the focus of this sort of trade war benefits the US because manufacturing is a small and shrinking part of the economy. Like 11% of the economy.

The US service economy, on the other hand, is vast and varied. Services companies dominate the S&P 500. Our services/software exports are crushing competitors globally and are our biggest strength. If Europe and Asia decide to tax those companies via tariffs, it may be devastating to US revenues and disruptive to our global dominance.

Agreed. I mentioned it earlier in this thread too, the world has so far ignored our services sector. That likely won't last.

They also haven't employed other weapons, like technology/IP rights.

[Uncle Rico]

I agree they're a paper tiger. I think China's posturing may give China the opportunity to cozy up to Europe, though. It's already worked with S.Korea and Japan. The risk, in my view, is that the US gets formally isolated from the global economy.

Pushing Asian nations together was a stroke of genius instead of playing them off one another.  Master class in geopolitics

[100AcreNation]

Market is up significantly after the announcement of the 90 day 10% tariffs for all countries except for China, which now has a 125% tariff...

Snip, snap, snip, snap