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  1. #26
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    Quote Originally Posted by Maanaam View Post
    Ben, if you think I'm stalking you you've got more ego issues than Lulu!
    Even a simple person having used this forum will realise that the quote function quotes the last person to quote some words, thus if you quote Mark (who I have on ignore but that's neither here nor there) and I then quote you quoting Mark, it shows as I am quoting you.
    No nested quotes on this forum.

    Get a grip!
    And learn how the forum works.

    BTW, it's actually the opposite of stalking: When I see a new post is from you, I don't go to the thread as a matter of keeping my sanity unless I'm following that thread despite your contributions.
    Ditto ^ The gift of gab, you definitely have. You're a forum stalker , and that's not my singular observation of your forum behavior (in my regard), either. Just the facts!
    Last edited by TuskegeeBen; 12-07-2018 at 07:26 PM.

  2. #27
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    Tech stocks touch record highs, dollar steadies as trade fears ebb

    By Hilary Russ

    ReutersJuly 13, 2018



    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 11, 2018. REUTERS/Brendan McDermid

    By Hilary Russ
    NEW YORK (Reuters) - U.S. stocks closed higher on Thursday as industrials rebounded and technology names soared, while commodities recovered and the dollar held steady after concerns over an escalating U.S. trade war with China took a breather.
    Technology companies - including Facebook, Microsoft and Amazon - hit all-time intraday highs, helping to power the NASDAQ stock exchange to a record high.
    Metals also made a comeback, with bargain-hunting investors scrambling to buy, while oil prices steadied.
    The Dow Jones Industrial Average rose 224.44 points, or 0.91 percent, to 24,924.89, the S&P 500 gained 24.27 points, or 0.87 percent, to 2,798.29 and the Nasdaq Composite added 107.31 points, or 1.39 percent, to 7,823.92.

    Currency investors may see positive implications for the dollar from a trade war, as the United States would be better equipped to weather a slowdown in trade than other major economies.

    U.S. Treasury yields also edged higher on the inflation data.

    Wasn't it someone on this thread that said the markets would predict the winner of the trade war?

    If anyone was shorting the USA as a result of the trade war now would be the best time to reverse your positions.

    I'm not an expert on these things all I know is what I read in the news (real news). Of course everyone knows that tech stocks are a more sensitive and accurate indicator because of the Chinese dominance in this area and would be the first to tank if China was winning the trade war but if one reads the above it also relies on currency value and industrial stocks.
    Last edited by mark45y; 13-07-2018 at 05:56 PM.

  3. #28
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    Quote Originally Posted by mark45y View Post
    Tech stocks touch record highs
    Tech is not affected by these tariffs at this point Mark. If you are posting that to in some way validate your pathetic lack of understanding with regards to economics you just dug a bigger hole for yourself.

    The tech industry is overwhelmingly progressive and is the engine that is driving the economy.

  4. #29
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    The retail goods effected by the tariffs haven't hit the shelves yet plus anybody in a business hit by the tariffs probably upped their purchases and stockpiled as much as they could to avoid the new expense. Gonna take a little time for the full effects of the tariffs to hit home.

  5. #30
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    Quote Originally Posted by uncle junior View Post
    The retail goods effected by the tariffs haven't hit the shelves yet plus anybody in a business hit by the tariffs probably upped their purchases and stockpiled as much as they could to avoid the new expense. Gonna take a little time for the full effects of the tariffs to hit home.
    It is called the futures market because it deals with prices in the future. Chicago board of trade. If you want to see the effect of the Chinese tariffs on soybeans check out the soybean futures.

  6. #31
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    Quote Originally Posted by mark45y View Post
    I have an education in economics.

    Why would a man of such stature be spending his time here. One would think you would be out spending your fortune made by forecasting correctly the last markets top and bottom.

    Quote Originally Posted by mark45y View Post
    USA buys a lot from China. China does not buy much from USA.
    "Assembled" by Chinese in many foreign owned companies As you are well aware, or should be, many countries sell inexpensive components to Chinese based companies.. The ameristani count the finished product price as opposed to the Chinese assemblers and component makers, "Value add". They are chalk and cheese.

    China's foreign trade surges


    A heavy-duty truck transports containers at a foreign trade container terminal in Qingdao, East China's Shandong province, on June 8, 2018.


    "China's foreign trade surged 7.9 percent year-on-year to 14.12 trillion yuan ($2.12 trillion) in the first half of 2018, despite challenges to the world's multilateral trading system by protectionist policies by the United States. The country's exports grew by 4.9 percent year-on-year to 7.51 trillion yuan from January to June of 2018, while imports amounted to 6.61 trillion yuan, up 11.5 percent from the same period a year earlier, data from the General Administration of Customs showed.

    GAC spokesman Huang Songping said the growth of China's foreign trade benefited from the global economy's recovery, the country's efforts to optimize its industrial structure and new measures for opening-up in both trade and investment.

    The trade volume between China and the US grew 5.2 percent year-on-year to 1.93 trillion yuan in the first six months of 2018, accounting for 17.7 percent of China's foreign trade.

    China's foreign trade surges - Chinadaily.com.cn

    Many might say any numbers emanating from China are false, many others may suggest ameristani MSM numbers are false. But many "eminant educated economists" made great fools of them selves in previous crises.



    This site suggested ASEAN countries are at top place for China's export trade, 44%, Europe 21% and ameristan 19%.

    This site suggested ASEAN countries are at top place for China's import trade, 51%, Europe 21% and ameristan 10%.

    https://atlas.media.mit.edu/en/profile/country/chn/#Trade_Balance


    I suppose if ameristan threatened all of China's export markets and import suppliers with nuclear extinction, if they continued trading with China, some might wave the white flag and Kowtow. But I suspect the fear is evaporating, now alternates are appearing on the near horizon.

    There is growth available in China, Asia ......... awaiting.

    ameristan offers none, it's credit, resources, integrity and vision are zero. Debt, apathy, unrest and division crawl the septic streets of ameristan.

    If goldolicks called for a public embargo on China, how many of the 25% of his citizens who voted for him would bite the bullet? How many could afford to?

    If Uncle Xi called his citizens, well we know what happens already, they would stop any purchases, dead. They remember the past, it wont happen again.
    Attached Images Attached Images
    Last edited by OhOh; 13-07-2018 at 10:29 PM.
    A tray full of GOLD is not worth a moment in time.

  7. #32
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    Quote Originally Posted by uncle junior View Post
    The retail goods effected by the tariffs haven't hit the shelves yet
    Quote Originally Posted by mark45y View Post
    If you want to see the effect of the Chinese tariffs on soybeans check out the soybean futures
    ...there's no futures market for retail goods...perhaps you missed that economics class...a good non sequitur though...

  8. #33
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    Quote Originally Posted by OhOh View Post
    Why would a man of such stature be spending his time here. One would think you would be out spending your fortune made by forecasting correctly the last markets top and bottom.



    "Assembled" by Chinese in many foreign owned companies As you are well aware, or should be, many countries sell inexpensive components to Chinese based companies.. The ameristani count the finished product price as opposed to the Chinese assemblers and component makers, "Value add". They are chalk and cheese.

    China's foreign trade surges

    A heavy-duty truck transports containers at a foreign trade container terminal in Qingdao, East China's Shandong province, on June 8, 2018.


    "China's foreign trade surged 7.9 percent year-on-year to 14.12 trillion yuan ($2.12 trillion) in the first half of 2018, despite challenges to the world's multilateral trading system by protectionist policies by the United States. The country's exports grew by 4.9 percent year-on-year to 7.51 trillion yuan from January to June of 2018, while imports amounted to 6.61 trillion yuan, up 11.5 percent from the same period a year earlier, data from the General Administration of Customs showed.

    GAC spokesman Huang Songping said the growth of China's foreign trade benefited from the global economy's recovery, the country's efforts to optimize its industrial structure and new measures for opening-up in both trade and investment.

    The trade volume between China and the US grew 5.2 percent year-on-year to 1.93 trillion yuan in the first six months of 2018, accounting for 17.7 percent of China's foreign trade.

    China's foreign trade surges - Chinadaily.com.cn

    Many might say any numbers emanating from China are false, many others may suggest ameristani MSM numbers are false. But many "eminant educated economists" made great fools of them selves in previous crises.



    This site suggested ASEAN countries are at top place for China's export trade, 44%, Europe 21% and ameristan 19%.

    This site suggested ASEAN countries are at top place for China's import trade, 51%, Europe 21% and ameristan 10%.

    https://atlas.media.mit.edu/en/profile/country/chn/#Trade_Balance


    I suppose if ameristan threatened all of China's export markets and import suppliers with nuclear extinction, if they continued trading with China, some might wave the white flag and Kowtow. But I suspect the fear is evaporating, now alternates are appearing on the near horizon.

    There is growth available in China, Asia ......... awaiting.

    ameristan offers none, it's credit, resources, integrity and vision are zero. Debt, apathy, unrest and division crawl the septic streets of ameristan.

    If goldolicks called for a public embargo on China, how many of the 25% of his citizens who voted for him would bite the bullet? How many could afford to?

    If Uncle Xi called his citizens, well we know what happens already, they would stop any purchases, dead. They remember the past, it wont happen again.
    I don't think anyone would say the American numbers are false and tariffs take the decision away from the consumer and put in Trump's hands. Looking at the near term performance of the markets and long term indications of the futures markets I would say America has won the trade war. I'd get another source than China daily news.

    (I guess many people don't understand the futures market. For example if I owned a steak house I would buy cattle futures to hedge my risk and lock in the price I wanted to pay for beef.) https://www.tdameritrade.com.sg/tdaa...s%20%2Btrading

    America has the largest and most successful economy in the world that is why China has invested 1 trillion dollars in the USA. How much has China invested in your country?
    Last edited by mark45y; 13-07-2018 at 10:54 PM.

  9. #34
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    Quote Originally Posted by mark45y View Post
    Tech stocks touch record highs, dollar steadies as trade fears ebb
    Ebbs and flows depending on a tweet! because that is what drives ameristani MSM financial stations. Are seriously suggesting that real investment by companies to ensure a future for their companies relies on a here today gone tomorrow politician?

    Quote Originally Posted by mark45y View Post
    If you want to see the effect of the Chinese tariffs on soybeans check out the soybean futures.
    The ameristani mid west farmers are screaming, didn't that mid west band of voters choose goldilocks? The guy you believe has his, up for re-election this autumn, party politicians 99% in his pocket.

    The FANGS are the stocks to watch, any interference/slowing of their quarterly sales figures, will be mirrored in their price and will devastate the largest winning market group and pull all others down with it.

  10. #35
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    Quote Originally Posted by OhOh View Post
    Ebbs and flows depending on a tweet! because that is what drives ameristani MSM financial stations. Are seriously suggesting that real investment by companies to ensure a future for their companies relies on a here today gone tomorrow politician?



    The ameristani mid west farmers are screaming, didn't that mid west band of voters choose goldilocks? The guy you believe has his, up for re-election this autumn, party politicians 99% in his pocket.

    The FANGS are the stocks to watch, any interference/slowing of their quarterly sales figures, will be mirrored in their price and will devastate the largest winning market group and pull all others down with it.
    1. Soybeans show recovery in 2020. 2. There are other markets for soybeans. 3. https://www.reuters.com/article/us-u...-idUSKCN1HB11V

    4. There simply aren’t enough soybeans in the world outside of the U.S. to meet China’s needs,” said Mark Williams, chief Asia economist at Capital Economics.

    Sorry but I don't like the funny names for America it's childish and I will not support your use of them and will not respond to you if you continue to use them. The country is America, USA or US.

  11. #36
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    By Mark45y: Sorry but I don't like the funny names for America it's childish and I will not support your use of them and will not respond to you if you continue to use them. The country is America, USA or US.
    Must agree on that. It is childish and has become tedious. OhOh might be taken a little more seriously if he spoke in terms at a level above kindergarten name calling.

  12. #37
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    Quote Originally Posted by Hugh Cow View Post
    OhOh might be taken a little more seriously if he spoke in terms at a level above kindergarten name calling.
    ...or not...

  13. #38
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    Quote Originally Posted by Hugh Cow View Post
    By Mark45y: Sorry but I don't like the funny names for America it's childish and I will not support your use of them and will not respond to you if you continue to use them. The country is America, USA or US.
    Must agree on that. It is childish and has become tedious. OhOh might be taken a little more seriously if he spoke in terms at a level above kindergarten name calling.
    I don't mind any criticism of any country America included. But it strikes me as the dumbing down of the world. Name calling is not an adult thing. S&P 500 is at a 5 month high. America won the trade war if the results are based on the stock exchange results. The response? You idiot. You fooking coint. You dingbat. Is this really adult conversation? But having said that I respect any intellectually challenged person who finds that his only option for disagreement but I won't participate in the discussion as it reinforces his childish tantrums.

  14. #39
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    Quote Originally Posted by mark45y View Post
    America won the trade war if the results are based on the stock exchange results.
    ...opening shots of the trade war have just been fired and you're declaring victory...seems a bit simple-minded (if you don't like idiot)...

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    the whole idea of trading is both sides profit from it....i doubt there will be any winner...just losers.

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    Quote Originally Posted by uncle junior View Post
    the whole idea of trading is both sides profit from it....i doubt there will be any winner...just losers.
    China was stealing American technology. China makes half the world’s steel with the help of heavy government subsidies and other unfair advantages, a new report found. The European Union has set duties of up to 35.9 percent on imports of hot-rolled flat steel from China to counter what it says are unfair subsidies. So let me get it straight. OK if EU does it? Bad if America does it?

    Same with Aluminum. Since 2008, through government subsidies, the manufacturing capacity of China’s solar-panel industry grew tenfold. China’s top six solar companies had debt ratios of over 80%. Did you ever work for a company with a debt ratio of 80? No, because it would be bankrupt.

  17. #42
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    Quote Originally Posted by mark45y View Post
    will not respond to you if you continue to use them
    For a poster who's introduction was:

    Quote Originally Posted by mark45y View Post
    I have an education in economics.
    One wonders if you missed out the education subject, "Conversation for Beginners". Many here, for whatever reason, were unable to participate in a "Higher Education". I suspect you may find your attitude somewhat limiting in your discourse here.

    AIB

    -

    What boastful term is your own choice? "A shining city upon a hill, whose beacon light guides freedom-loving people everywhere", "The Leader of the Free World", "The Worlds Strongest Economic Player", "The most powerful military in the world", "We the country who bombs countries to the stone-age" ........... So many to choose from.

    Quote Originally Posted by Hugh Cow View Post
    OhOh might be taken a little more seriously
    Doubtful.

    Quote Originally Posted by tomcat View Post
    ...or not...
    More likely.

    Quote Originally Posted by mark45y View Post
    Name calling is not an adult thing
    Seems to work for POTUSE goldilocks.

    Quote Originally Posted by mark45y View Post
    if the results are based on the stock exchange results
    And if not?

    Quote Originally Posted by mark45y View Post
    China was stealing American technology.
    Court case citations would be useful. Anything else are ramblings from a dying empire's bought and paid for politicians and media.

    Quote Originally Posted by mark45y View Post
    China makes half the world’s steel with the help of heavy government subsidies and other unfair advantages, a new report found.
    "Heavy Government" bad, "Government by Tweet" good.

    Quote Originally Posted by mark45y View Post
    Did you ever work for a company with a debt ratio of 80? No, because it would be bankrupt.
    I presume then that ameristani's +100% debt ratio, for the past 6 years, can be safely ignored then?





    It seems ameristan is an unexceptional country, financially. Currently being run by a known. multiple bankrupt, how apt.



    Quote Originally Posted by mark45y View Post
    1. Soybeans show recovery in 2020. 2. There are other markets for soybeans. 3. https://www.reuters.com/article/us-u...-idUSKCN1HB11V

    4. There simply aren’t enough soybeans in the world outside of the U.S. to meet China’s needs
    Your posted points:

    1. Possibly but not certain. Isn't that what "Futures Markets" are for, to cover ones doubts? How confident are you of the future 2 years hence? Historically and factually, very few of those with an "Education in Economics", successfully predict the future. Are you one of the few who do, can you illustrate your correct, timely, decisions in the area of your competence, Economics?

    2. Of course there are, did I suggest otherwise?

    3. Your linked opinion post's title is:
    China deploys soybeans in trade war, but may hit own foot

    A phrase some call "weasel words". Words that are inserted so that the writer of his/her opinion post, may select retrospectively, as evidence if his opinion is found to be false.

    4. Possibly currently. Are there no areas of the world's land capable of being planted with soya or additional hectares in current producers available if desired? I suggest there are and not solely in ameristan.

    I suppose an imperial diktat, or just a hinted suggestion, could be issued by goldilocks, threatening illegal, secondary, sanctions or bombing back to the stone age, to those countries who disobey his diktat.

    Quote Originally Posted by mark45y View Post
    You idiot. You fooking coint. You dingbat. Is this really adult conversation?
    Words I don't personally use. Others maybe.

    Quote Originally Posted by mark45y View Post
    But having said that I respect any intellectually challenged person
    But not enough to hold a conversation with, eh? I too respect others opinions, where they can be supported by proven facts.
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    Last edited by OhOh; 14-07-2018 at 03:51 PM. Reason: ameristani debt ratio image and duration of 100+% debt

  18. #43
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    Quote Originally Posted by David48atTD View Post
    A very valid point and a keystone to the complex issues that face the US economy and, in turn, the World economy.
    Global debt has reached a new high of 225% of global GDP, $247 Trillion.
    A level that will likely only ever increase, and which shows how interdependent and fragile the global economy is at this time.

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    Quote Originally Posted by uncle junior View Post
    i doubt there will be any winner...just losers.
    Short term losers yes, long-term a winner will appear. Unfortunately in some societies when the losers are identified they have already been superseded by others and continue their morally bought and paid for, "highso" life, unconcerned. Having been and continuing to be, rewarded with trinkets and kowtowing slaves to keep their inflamed egos intact.

  20. #45
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    Quote Originally Posted by mark45y View Post
    USA imports from China 506 billion. China imports from USA 130 billion. USA can replace all the Chinese imports costs pennies on the dollar. China can't create a market that will buy 506 billion dollars for the foreseeable future.

    I can see on a purely economic perspective that you have a valid point, if you only look at the numbers.

    But, the US imports so many goods from China for good reasons, Chinese goods are affordable, and the environmental impact of the toxic processes used to produce many of them does not impact the consumer, ditto the difficult working conditions required.

    Will Americans be prepared to take on these laborious, low paid and hazardous employment opportunities to produce the low cost items that the domestic consumer market demands?

    It may raise employment and bring money into the local economy, but lifestyle would be impacted, and really, who is going to want to do these jobs, immigrants?

    Clearly then the long term effect of the 'trade war' would be a restructuring of the US domestic market, but given the fractious state of the US this will surely lead to more internal conflict.
    Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!"

  21. #46
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    Quote Originally Posted by OhOh View Post
    Short term losers yes, long-term a winner will appear.
    The long term winner will be Authoritarianism.

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    Quote Originally Posted by Neo View Post
    I can see on a purely economic perspective that you have a valid point, if you only look at the numbers.

    But, the US imports so many goods from China for good reasons, Chinese goods are affordable, and the environmental impact of the toxic processes used to produce many of them does not impact the consumer, ditto the difficult working conditions required.

    Will Americans be prepared to take on these laborious, low paid and hazardous employment opportunities to produce the low cost items that the domestic consumer market demands?

    It may raise employment and bring money into the local economy, but lifestyle would be impacted, and really, who is going to want to do these jobs, immigrants?

    Clearly then the long term effect of the 'trade war' would be a restructuring of the US domestic market, but given the fractious state of the US this will surely lead to more internal conflict.
    The USA is not in a fractious state. 90% of Republicans have a favorable opinion of Trump. If you get news from CNN or other fake news sources I can see how you might think the US is fractious but my my family lives in the USA and Canada and there is no fracture only a media war. Thinking Americans were not fooled by Facebook Russian trolls and are not fooled by CNN. A guy on here a day or so ago said to watch the S&P 500 average. It is now at a 5 month high.

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    Quote Originally Posted by Neo View Post
    The long term winner will be Authoritarianism.
    Right there. Dump the FBI and get a non political national police force. Both Trump and Mrs. Clinton really agree on the need for a non partisan FBI.

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    Quote Originally Posted by mark45y View Post
    Not hard to figure. USA imports from China 506 billion. China imports from USA 130 billion. USA can replace all the Chinese imports costs pennies on the dollar. USA exports 2.3 trillion dollars. How important is 130 billion.
    Interesting figures. Is it incl. all the arms supply? Perhaps also to their own bases? (Anyway, wondering how all these figures are registered and how all these summaries are checked - by whom?)

    China can't create a market that will buy 506 billion dollars for the foreseeable future.
    How long do you think will it take the Chinese domestic market (popul. 1,4 B) will need all the goods now exporting to USA (popul. 326 M)?

  25. #50
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    Quote Originally Posted by mark45y View Post
    The USA is not in a fractious state. 90% of Republicans have a favorable opinion of Trump. If you get news from CNN or other fake news sources I can see how you might think the US is fractious but my my family lives in the USA and Canada and there is no fracture only a media war. Thinking Americans were not fooled by Facebook Russian trolls and are not fooled by CNN. A guy on here a day or so ago said to watch the S&P 500 average. It is now at a 5 month high.

    Not fractious? Politically both sides may pay homage to the same master, but domestically, socially, the US is polarised on many fronts, economically, ideologically, racially, socially, geographically. It's propensity to turn to violence when faced with opposition, infamous.

    A matter of perspective? I think more a case of what you choose as your metric.

    But anyhow, you didn't respond to the point of my post:

    Will Americans be prepared to take on these laborious, low paid and hazardous employment opportunities to produce the low cost items that the domestic consumer market demands?

    It may raise employment and bring money into the local economy, but lifestyle would be impacted, and really, who is going to want to do these jobs, immigrants?

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