interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
LOL...just researched oil imports/exports.
Exports from the United States to Canada 2022
Refined petroleum
In 2022, the United States exported $15.7 billion worth of refined petroleum to Canada
In 2022, the United States imported $15.5 billion in refined petroleum from Canada. This was about 52% of the total petroleum imported by the US that year.
Tariffs may actually help both countries if they stop sending oil back and forth to each other.
I feel like all this tariff crap is going to sink us bad Monday.
And who wins if we stop getting oil from Canada and Mexico? His buddies the Saudis.LOL...just researched oil imports/exports.
Exports from the United States to Canada 2022
Refined petroleum
In 2022, the United States exported $15.7 billion worth of refined petroleum to Canada
In 2022, the United States imported $15.5 billion in refined petroleum from Canada. This was about 52% of the total petroleum imported by the US that year.
Tariffs may actually help both countries if they stop sending oil back and forth to each other.
People gonna find out real fast that the oil we get from Canada is different than the stuff we have here.
You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
Nobody is getting into politics, like not even one post about this administration or the previous one, but if you want to talk stocks sometimes you have to talk issues of the world. We’re all big kids and can walk the line thanks.Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
It won’t be that bad. Best guess is down 3-5% on Monday. Flight to safety.You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
Yah, I'm guessing we might touch 3% but then rebound to 1-2%. We'll see. A lot of focus is on Canada, but it would seem the China tariffs even more impactful financially.It won’t be that bad. Best guess is down 3-5% on Monday. Flight to safety.You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
Check his tweets or whatever they are from this morning. There was no slant put on what I said at all.Nobody is getting into politics, like not even one post about this administration or the previous one, but if you want to talk stocks sometimes you have to talk issues of the world. We’re all big kids and can walk the line thanks.Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
Well he just announced that he’s basically doing this to make them the 51st state????might be different this time there's reasons to think that's a possibly, perhaps not we shall seeThe current president has a long, documented history of, um, hyperbole? One small bit of hope is that even the tiniest, most meaningless of concessions by Canada and/or Mexico will be enough to declare it THE BIGGEST TRADE WAR VICTORY IN THE HISTORY OF THE WORLD and tariffs can be lifted then we can move onto the next dumb thing.
Yes I saw the tweets, there were a lot of reasons given for the tariffs. But you chose to include one of the reasons, which frankly has nothing to do with the stock market.Check his tweets or whatever they are from this morning. There was no slant put on what I said at all.Nobody is getting into politics, like not even one post about this administration or the previous one, but if you want to talk stocks sometimes you have to talk issues of the world. We’re all big kids and can walk the line thanks.Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
Well he just announced that he’s basically doing this to make them the 51st state????might be different this time there's reasons to think that's a possibly, perhaps not we shall seeThe current president has a long, documented history of, um, hyperbole? One small bit of hope is that even the tiniest, most meaningless of concessions by Canada and/or Mexico will be enough to declare it THE BIGGEST TRADE WAR VICTORY IN THE HISTORY OF THE WORLD and tariffs can be lifted then we can move onto the next dumb thing.
And who wins if we stop getting oil from Canada and Mexico? His buddies the Saudis.Exports from the United States to Canada 2022
Refined petroleum
In 2022, the United States exported $15.7 billion worth of refined petroleum to Canada
In 2022, the United States imported $15.5 billion in refined petroleum from Canada. This was about 52% of the total petroleum imported by the US that year.
Tariffs may actually help both countries if they stop sending oil back and forth to each other.
People gonna find out real fast that the oil we get from Canada is different than the stuff we have here.
Bitcoin down about 6% since the markets closed on Friday so that is probably about right.It won’t be that bad. Best guess is down 3-5% on Monday. Flight to safety.You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
BTC can be down 6% due to a stiff breeze. I'll say -2%, even though the markets should, by all rights, have this priced in already.Bitcoin down about 6% since the markets closed on Friday so that is probably about right.It won’t be that bad. Best guess is down 3-5% on Monday. Flight to safety.You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
BTC can be down 6% due to a stiff breeze. I'll say -2%, even though the markets should, by all rights, have this priced in already.Bitcoin down about 6% since the markets closed on Friday so that is probably about right.It won’t be that bad. Best guess is down 3-5% on Monday. Flight to safety.You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
THE BIGGEST TRADE WAR VICTORY IN THE HISTORY OF THE WORLD
Good thing I take my snapshots on month-end.Futures look....not great.
You're predicting a disastrous market opening on Monday? What would be a disaster?interesting is the wrong word, disaster more likelyLooking like the tariff weakness likely to carry over to Monday. Will be an interesting futures open tomorrow
While the tariffs will probably have a short term market impact (and I don't see disastrous as likely), there's lots of chicken littling going on here. There are pro's and con's to these moves. Impossible to get into without getting into politics...I suggest everyone steer clear of that area.
Here we are again, watching futures on Sunday night like during Covid. We knew this uncertainty in the markets would happen again. Some sectors have been sort of begging for a pullback/correction. I've been building up some cash but it never feels like enough.
I wish we could talk politics here too. But it's been a couple of years and we've been asked not to by the site's owner.I don't know why we can't just have a thread here. Call it "anything goes politics".Does anyone have any suggestions of forums where we can discuss business and politics like adults?
Does anyone have any suggestions of forums where we can discuss business and politics like adults?
Crypto down 10-30% today on top of declines over the weekend. Equity futures down 1.5-2+%. Asian markets down 2-3%. Oil spiking.
Huh? This is Econ 101.Based on the chicken littles I am seeing relying on main stream media I fully expect the market to start lower tomorrow. I wouldn't be shocked for it to turn green before close though.
It does kind of have that feel.I fully expect the market to start lower tomorrow. I wouldn't be shocked for it to turn green before close though.
What opportunities do we like to buy this week?Based on the chicken littles I am seeing relying on main stream media I fully expect the market to start lower tomorrow. I wouldn't be shocked for it to turn green before close though.
I predict the market won't open when you said it was going to open.I predict 5850 open in 3 minutes
-QG
Then wouldn't it not be surprising that the marketing is shrugging it off, if its priced in.The markets shrugging off all Trump’s tariff statements is really surprising. He said he would do this for months and that he loved Tariffs. Honestly should have been priced in.
I wouldn’t call this mornings price action shrugging it off. But maybe my post wasn’t clear. I am saying markets thinking this wasn’t coming and it was all negotiation.Then wouldn't it not be surprising that the marketing is shrugging it off, if its priced in.The markets shrugging off all Trump’s tariff statements is really surprising. He said he would do this for months and that he loved Tariffs. Honestly should have been priced in.
Ah gotcha. I think it all depends on the time horizon / context. Its not surprising to me that the markets react to the actual event itself. While a 2% decline feels like a lot on that day, if you step back the fact that we're basically trading in the same range for the last month and a half tells me this has been either largely priced in, not believed to be very impactful, or not believed to last.I wouldn’t call this mornings price action shrugging it off. But maybe my post wasn’t clear. I am saying markets thinking this wasn’t coming and it was all negotiation.Then wouldn't it not be surprising that the marketing is shrugging it off, if its priced in.The markets shrugging off all Trump’s tariff statements is really surprising. He said he would do this for months and that he loved Tariffs. Honestly should have been priced in.
It's still likely in negotiation.I wouldn’t call this mornings price action shrugging it off. But maybe my post wasn’t clear. I am saying markets thinking this wasn’t coming and it was all negotiation.Then wouldn't it not be surprising that the marketing is shrugging it off, if its priced in.The markets shrugging off all Trump’s tariff statements is really surprising. He said he would do this for months and that he loved Tariffs. Honestly should have been priced in.
Anything.It's still likely in negotiation.I wouldn’t call this mornings price action shrugging it off. But maybe my post wasn’t clear. I am saying markets thinking this wasn’t coming and it was all negotiation.Then wouldn't it not be surprising that the marketing is shrugging it off, if its priced in.The markets shrugging off all Trump’s tariff statements is really surprising. He said he would do this for months and that he loved Tariffs. Honestly should have been priced in.
What's he negotiating for? Who knows