US Economy - News, Updates and Discussion

[AZ_HighCountry]

Six months from now the markets will be right back to where they were a week ago.

I actually despise the markets. They instill panic in the masses and start the cycle all over again.

 

[VCheng]

Just as I predicted last year.

Wait till Trump becomes president.

Buy USD right now, it's the safest among all, everything is falling against USD.

And then prepare to buy the deep.

Thank you for your help in keeping the USD as the safest world reserve currency!

 

[Menthol]

The USA stocks will fall, fall, fall, fall, fall.... It's hard to know the bottom.

Even Trump can't predict, he even cry.

But usually, during the market crash, the first stock to rise again is banking, and then followed by technology.

Probably Bank of America is a good choice for banking stock.

If you see the banking stock price is rebounding, prepare to buy the tech stocks.

Probably Nvidia, Apple, Microsoft, Google?

 

[AZADPAKISTAN2009]

Well some turbulence in market is to be expected

I do not understand Trump's point of view to impose Sanctions ( I mean Tariffs) so abruptly on world nations.

Is it Collective Punishment for Nations of world ? For voting against Israel in United Nations?

Normally a Savvy Financial Minister plans to plan the move so the markets are least impacted by subtle change, Trump's approach is quite drastic

It will likely impact US's own residents more then other nations of world

In Past nations debated a safe way to lower Trade imbalances

 

[Menthol]

Thank you for your help in keeping the USD as the safest world reserve currency!

Just doing a simple math and economic logic.

It's a basic thing for an investor.

Beside this is what Trump wants, so I just follow his plan and make profit from it.

 

[Menthol]

Well some turbulence in market is to be expected

I do not understand Trump's point of view to impose Sanctions ( I mean Tariffs) so abruptly on world nations.

Normally a Savvy Financial Minister plans to plan the move so the markets are least impacted by subtle change, Trump's approach is quite drastic

It will likely impact US's own residents more then other nations of world

In Past nations debated a safe way to lower Trade imbalances

Despite it looking stupid, there's a twist, a hidden purpose.

It's better this way, than another way.

 

[AZADPAKISTAN2009]

European Union
European Union will be responding to Trump's Tariff's soon

Common Wealth Nations
1- Canada of course is responding

2- UK of course will be imposing their own Tariff response as they are no longer part of European Union

3- Australia will be announcing their own response

For Many Nations Tariff's don't Impact much

Example:

• People can still buy Car from Japan at low cost
  • Lexus
  • Nissan
  • Honda
  • Mitsubishi
• People can still buy Car from Korea at low cost
  • Kia
  • Hyundai
• People can still buy car from Europe
  • Fiat
  • BMW
  • Audi
• People can still buy Oil from Canada now at low cost
• People can still buy Lumber/wood from Canada at low cost
• Lot of great fish and Lobsters
• Chinese Goods can reach Canada at same discounted rate
• Canadian/China trade will have to be readjusted a bit
• European Union will open to China a bit more
• There is already talk of Russia to be brought back from Sanction
• Important Playstation 5 will be imported from Japan no change
• Will the EPL Football game ticket rise ? Not really world will keep watching it as before
• French Wine will be used more then US wine

What is really something you use from USA ? That is critical

• Apple iPhone , well you can now buy Samsung all same features
• IBM computers, you can now buy Chinese Laptop cheaper
• Netflix ?????? Hmmm ok may be but people have been cancelling
• Tesla ??????? Unfortunate victim
• Starlink????? Unfortunate victim , pretty much finished now
• Cornflakes????? you can just eat Eggs and bread
• Amazon ??? Well , you can use Shopify (Canadian company) or Ali Baba, Alibaba owns 70% of Asian Market already
• Hollywood movies , Disney etc they are great but not critical
  • If Hollywood fails 100% you still have 20,000 movies catalog to watch from 1900 to present and not forgetting Movies from Hong Kong/India/Europe
• May be some Medical surgery and imaging stuff is unique yes I agree or may be some medicine

When people will sit down and really evaluate things they will realize there is already an alternative product available without any Tariff in market


France-UK-Canada-Germany , China even Russia have alternative products available to fill the void


Note:
I do not dislike American good I am just providing commentary on Actions done by Trump, as a bipartisan observer, I have used many American goods in past

 

[VCheng]

Just doing a simple math and economic logic.

It's a basic thing for an investor.

Beside this is what Trump wants, so I just follow his plan and make profit from it.

Of course, it is this basic economic logic by investors that helps keep USD as the dominant world reserve currency.

Thank you to all of them for their help and confidence in the almighty USD.

 

[AZADPAKISTAN2009]

Even for Indians , they don't use American goods

Between 1940's-1980's much of Indian Auto sector was exclusively protecting Local Car manufacturing , as they had communist friendly views

I missed out listing India of course

They also offer alternative to American goods

• Alternative Satellite Launches, competitor to Elon Musk
• Jaguar car (I think under TATA brand)
• Industrial Manufacturing in some sector
• Soaps, Shampoos , Cooking oil , Spices
• Pharmaceuticals

Similarly China , has same services

• Space Centre , Satellite launches , GPS
• Ali Baba , alternative to Amazon
• Own Automotive Industry
• Own Cellphone/Laptop / Chip manufacturing
• Firewall, hardware
• 5G
• Engineering base like Europeans
• Advance Medicine

The Market will open more for Alternative Choices

Consumers always look at "Price" if they can afford extra taxes on it or not Naturally the world will continue to move forward people will pick up products that don't have tariff Tax imposed on it

 

[hussain0216]

Agent orange will help us destroy America, or at least bring it under control

The U.S has become a problem for the world, from supporting genocide in Palestine to constantly starting fires across the world, we need America isolated

 

[VCheng]

Agent orange will help us destroy America, or at least bring it under control

The U.S has become a problem for the world, from supporting genocide in Palestine to constantly starting fires across the world, we need America isolated

LOL.

If hypocrites like you keep investing in US stock markets and buying USD, nothing will happen to US financial dominance.

Thank you so much for your help!

 

[AZADPAKISTAN2009]

Anyone holding on to Tesla stock just wondering

With so much abundance of oil , is Electronic vehicle necessary
Batteries filled with "Acid", can you imagine what these would do to environment

The world has enough oil to last another 5,000 years or may be even 10,000 years

I always wonder with installation of 10-12 Batteries filled with acid or chemicals in vehicle it is not ideal thing during any vehicle accident

Humans have habit of dumping garbage in rivers and sea

Lot of Brave soul wanted to ride the Tesla ride back 5 years ago promise of wonders and riches

Tesla Vehicles were already very expensive , now with Tarif , I can't imagine how expensive it would be to drive an average vehicle

 

[hussain0216]

LOL.

If hypocrites like you keep investing in US stock markets and buying USD, nothing will happen to US financial dominance.

Thank you so much for your help!

My friend, I'm not buying U.S stock, I'm just looking for easy money,

If the Americans want to be stupid and destroy 100 years of American influence, prestige and power then why should we stop them

Everything has consequences, and American actions have been horrendous, especially supporting genocide, they are covered in blood and unworthy of respect or sympathy

We should all be looking to boycott them as much as possible, encourage others including Europeans to boycott them and seeing how we can hurt them further for their crimes

 

[SolarWarden]

I'm bookmarking this page so that I don't lose it so when the US market recovers like it always does I can come back here and laugh at those who thought US was crashing.

 

[AZADPAKISTAN2009]

Well since American product with Tariff will be so unaffordable, people just won't be able to afford it anymore

I mean look at Iphone , just basic phone charges $1000+ from consumer but for what ???? Additional $250 Dollar Demand
98% of features exist in cheaper Chinese/Korean phones

Do you really need Iphone in your life ?'

Does Google search controls your life ? Can you live without it ?
Yes of course

American SUV sold at 70,000 USD , now with 25 % Tarrif , it has additional 17,500 USD price, why would consumer cough that up when they can just buy SUV from Mitsubishi, Honda, Kia , Audi, BMW , Nissan same quality, Same Digital Display and Comfort at $50,000 USD


There is 0% Tarrif on Japanese car , 0% Tarrif from European cars why would the Consumer cough up extra $17,500 USD ???

Europeans already are biased towards French and German cars
They already make fun of American cars in their private gathering
They love their , sporty hatchbacks. If you ask any European what they think of American car they always say same thing , it is a plastic car , we like real Heavy Cars

• BMW
• Audi
• Fiat
• Subaru
• Mercedes

Let's Look at Starlink , briliant product but now since it is Politicized , do you think Europe would allow it to function over French Skies, German Skies or over China


Look Korean SUV , no Tariff


Japanese none Tarrif SUV option for consumer




The world will keep moving forward