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The Really Useless Thread

  • #150,541
  • Apr 26, 2017 11:45am Apr 26, 2017 11:45am
Quoting goosebone
{quote} Yeah who knows. One possibility during "negotiations" on it all is Mexico making good on their threat to buy all that corn they buy from US (thats a lot) instead from Brazil or somewhere else. Sounds like a lot of homeless US corn. And sadly, a few homeless corn farmers. Like i said, who knows?
it's going to suck for someone. building a house, it got more expensive.. interest rates inching higher while home prices are on the rise.. that little wage inflation will not go too far. one house i own value went up 6k in 30 days. some of the other markets are doing much better. (great if you already own with low inflation)

those who invested billions in corn infrastructure may be crying, since every action has a reaction usually unforeseen. the corn thing may just make ethanol cheaper. cheaper ethanol may make fuel cheaper. cheaper fuel may make coal cheaper. those with a fixed payment rate may be phucked in those industries..(poorer coal miner)
on the up side the truckers may do ok. except the ones in the coal business.. hey wasn't trump supposed to help the coal miners? the dairy farmers? the corn farmers? what about the house builders and the lumber yards... the entire economy is connected in one way or another.. even the banks who financed the above industries are connected... down to the guy cleaning the toilets..it's all spongeable. it's all physics.. every action has an equal and opposite reaction.
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those who can, do. those who cant, talk about those who can
  • #150,542
  • Apr 26, 2017 11:59am Apr 26, 2017 11:59am
...very strong NAFTA reports becoming louder and louder and seems like the US will join the UK as free riders and triggering the start of the full protectionism domino that most were worry with the Brexit / DT combo ...

TBC in a few minutes but it will be an awfully BAD news for the world economy. What it took decades to build will be undone in months by populist politicians..potential Game changer alerts from the US in play ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,543
  • Apr 26, 2017 11:59am Apr 26, 2017 11:59am
Quoting priceaction1
stop out
Hi, you planning to buy or short from higher. Lot of noise now for 111.91/ 112.07/ 112.4x/ 112.7x / 113.xx.
  • #150,544
  • Apr 26, 2017 12:07pm Apr 26, 2017 12:07pm
Quoting gatorinla
{quote} it's going to suck for someone. building a house, it got more expensive.. interest rates inching higher while home prices are on the rise.. that little wage inflation will not go too far. one house i own value went up 6k in 30 days. some of the other markets are doing much better. (great if you already own with low inflation) those who invested billions in corn infrastructure may be crying, since every action has a reaction usually unforeseen. the corn thing may just make ethanol cheaper. cheaper ethanol may make fuel cheaper. cheaper fuel...
Yup. Bad for certain farmers isn't bad for everyone. Look north to rustier areas for the more immediate flipside of that NAFTA coin. Agree every reaction has an equal and opposite. Like meddling with markets vs the unmeddling that inevitably shows up later. Winners then become losers now and vice versa. Yin yang or whatever.
  • #150,545
  • Apr 26, 2017 12:08pm Apr 26, 2017 12:08pm
Quoting sisse
...very strong NAFTA reports becoming louder and louder and seems like the US will join the UK as free riders and triggering the start of the full protectionism domino that most were worry with the Brexit / DT combo ... TBC in a few minutes but it will be an awfully BAD news for the world economy. What it took decades to build will be undone in months by populist politicians..potential Game changer alerts from the US in play ... sisse
I really hope this NAFTA threat is just a negotiating tactic.
  • #150,546
  • Apr 26, 2017 12:17pm Apr 26, 2017 12:17pm
Quoting PayTheLimit
who is going to pay for this tax cut I wonder? has that been mentioned, or suggested?
The cool part about fiat money and governments is- so long as you keep raising the debt ceiling, who cares?
  • #150,547
  • Apr 26, 2017 12:19pm Apr 26, 2017 12:19pm
Quoting ashenv
{quote} I really hope this NAFTA threat is just a negotiating tactic.
u mean like a lie? does anyone think Trump would stoop so low, to lie? get em outta here.. Damn fake news...
those who can, do. those who cant, talk about those who can
  • #150,548
  • Apr 26, 2017 12:22pm Apr 26, 2017 12:22pm
Quoting Pharm0r
{quote} The cool part about fiat money and governments is- so long as you keep raising the debt ceiling, who cares?
And one day the bubble gets burst .... Thousands and thousands of jobs gets reset back to square one
Re-Incarnated
  • #150,549
  • Apr 26, 2017 12:22pm Apr 26, 2017 12:22pm
Quoting PayTheLimit
who is going to pay for this tax cut I wonder? has that been mentioned, or suggested?
sos they just keep warming over...

https://en.wikipedia.org/wiki/Laffer_curve
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,550
  • Apr 26, 2017 12:38pm Apr 26, 2017 12:38pm
Quoting sisse
...very strong NAFTA reports becoming louder and louder and seems like the US will join the UK as free riders and triggering the start of the full protectionism domino that most were worry with the Brexit / DT combo ... TBC in a few minutes but it will be an awfully BAD news for the world economy. What it took decades to build will be undone in months by populist politicians..potential Game changer alerts from the US in play ... sisse
i like your attitude to this and i see the risks. trade wars know no winners. still i hope this will not happen. but if so, i will buy portfolio protection. it could cause a crash. unlikely, but extreme impact.
fortis fortuna adiuvat
  • #150,551
  • Apr 26, 2017 12:42pm Apr 26, 2017 12:42pm
Quoting primejarvis
{quote} And one day the bubble gets burst .... Thousands and thousands of jobs gets reset back to square one
Yup every 7 to 20 years so they say, better get to work bitch.

Inserted Video
  • #150,552
  • Apr 26, 2017 12:45pm Apr 26, 2017 12:45pm
If Trump is going to impose tariffs and rip up the agreement with Canada, the US closest ally and trading partner. Where will he stop?

Only matter of time until other countries get the same treatment.
  • #150,553
  • Apr 26, 2017 12:47pm Apr 26, 2017 12:47pm
shiiiiiiit

Quote
Tax reform will create zero tax rate for first $24000 for a couple

Trump is going to get reelected.
  • #150,554
  • Apr 26, 2017 12:53pm Apr 26, 2017 12:53pm
kind of funny to see the same ethos of the press conference as in case of obamacare repeal. Will be more funny to see their faces when they come from congress with a reality check
  • #150,555
  • Apr 26, 2017 12:55pm Apr 26, 2017 12:55pm
... all inline with expectations. A few micro technicalities that are irrelevant for markets.

Nothing new except the actual confirmation of what it was expected. No details, no technical, economic or legal reasons, no nothing ....basically a political show for the headlines and to put the topic to the masses but nothing new for markets...

As discussed the last few days. Today, we are officially closing DT expectation leg rally since elections and we are entering in trade the fact. Reality will be a very hard sell without details. Markets will give a few days to synch in and give chance to talking heads to react and get more details (if any)...

For now bookmarking today in FA charts...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,556
  • Apr 26, 2017 12:58pm Apr 26, 2017 12:58pm
Quoting chester123
kind of funny to see the same ethos of the press conference as in case of obamacare repeal. Will be more funny to see their faces when they come from congress with a reality check
The meat is on the territorial part (Guess who is going to make a killer with this) and the massive sweep on corporation tax ...the individual tax part is just bones for the average Joe to be distracted and media headlines...the meat is somewhere else for markets and for real....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #150,557
  • Apr 26, 2017 12:58pm Apr 26, 2017 12:58pm
Watching the press conference, and the uneasy avoidance of the question 'Will Trump release his tax returns?'
  • #150,558
  • Apr 26, 2017 12:59pm Apr 26, 2017 12:59pm
Quoting sisse
....basically a political show for the headlines and to put the topic to the masses but nothing new for markets...
it's a show, DJT is a showman aka a huckster, working for ratings.....next stop we have the entire Senate at the WH being briefed about NK......
"If The Fool persists in his Folly he will become wise." - William Blake
  • #150,559
  • Apr 26, 2017 1:01pm Apr 26, 2017 1:01pm
Quoting sisse
{quote} The meat is on the territorial part (Guess who is going to make a killer with this) and the massive sweep on corporation tax ...the individual tax part is just bones for the average Joe to be distracted and media headlines...the meat is somewhere else for markets and for real.... sisse
You seriously spoked what I was suppose to write ... Anyways I hope there is no Outlook change ... Only Outlook what I guess should be change is long term dollar to neutral ....
Re-Incarnated
  • #150,560
  • Apr 26, 2017 1:06pm Apr 26, 2017 1:06pm
Quoting The Fool
it's a show, DJT is a showman aka a huckster, working for ratings.....next stop we have the entire Senate at the WH being briefed about NK......
tax show's over and buy rumor/sell fact already in effect as equities are heading lower.....is that all there is?.....where are the clowns?
"If The Fool persists in his Folly he will become wise." - William Blake
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