the coming week should be very interesting when it comes to the tariffs which will be starting this week so what do you think will happen ?
One thing is for sure, the extra costs will be passed on to the consumer. As for market, bullion, etc., I personally have no idea. Time will tell.
I think with the tariff the fed should cut the rate at least a 1/4 point to make the transition less painful but Mexico and Canada talk a big game will see how long they stay in the ring, they need us way more then we need them.
My heart and my lungs could argue about which one needs the other more, but on the whole I'd rather they keep cooperating.
I chose option 3, but I think the increase for bullion will be moderate for the near term and then significant later this year. I think the impact of the tariffs on gold/silver commodity markets will be realized over time instead of all at once.
That's the only thing we know for sure! It will definitely be a FAFO occurrence, wish I could say more but I'm limited!
IMO, tariffs are just a VAT tax through the back door. Taxes (and inflation) leave people with less disposable income. How can that be good for the economy? But it should be fascinating to hear the wallstreet gurus and their "well actually" stories tomorrow.
They can produce all they want. Without our market it sits there. We've the leverage in this one big-time.
None of the above. You gave no choice where the market does not go down. There are certain areas that will be affected negatively, but overall, the market will be going up. Earnings for many companies are spectacular. This tariff issue is about national security, drugs crossing the border and leveling trade agreements (see how China has been avoiding tariffs by sending goods through Canada and Mexico <steel if you want an example>). Our trading partners have not been living up to their end of the agreement.
The market doesn't know what to make of this and is feeling Trump out. He's not running again (unlike last time)...he believes the stock market is society's way of "keeping score" of his presidency and he wants it UP. Keep your eye on the ball -- earnings, the economy, and valuations -- and ignore the short-term static.
Keep your eye on the ball You are getting sleepy Very sleepy Gotta gits me some of dat gold https://www.msn.com/en-us/news/tech...n&cvid=1223eb9b60ac461bc7637b196315b66c&ei=46
Nice play on words, not sure who blinked though. What did happen was the intent. The US won that mini conflict. The historians will end up telling the real story though.