April 9, 2025Apr 9 3 minutes ago, DrPhilly said: Know they enemy mate. A key thing to do when you are at war. War? That would imply some overarching strategy. What we have is the equivalent of a toddler refusing to eat his peas in the hope of getting chicken nuggets. This is the initial misbehavior phase. We haven’t gotten to throwing the plate yet.
April 9, 2025Apr 9 47 minutes ago, Mike31mt said: Countries are and will continue to line up to renegotiate trade agreements. China will fold, they can't compete with us long term and we all know Trump isn't folding. They know it too. What in the world are you basing any of this on? Feels?
April 9, 2025Apr 9 Author 12 minutes ago, BBE said: War? That would imply some overarching strategy. What we have is the equivalent of a toddler refusing to eat his peas in the hope of getting chicken nuggets. This is the initial misbehavior phase. We haven’t gotten to throwing the plate yet. Indeed, but my point remains for WestVA Mike.
April 9, 2025Apr 9 You guys ready for Black Wednesday when the market realizes that no deal is coming and this is it?
April 9, 2025Apr 9 2 minutes ago, Bill said: You guys ready for Black Wednesday when the market realizes that no deal is coming and this is it? I honestly don't understand why the market is even a little bit optimistic to open.
April 9, 2025Apr 9 11 minutes ago, Bill said: There’s a labor shortage for the manufacturing jobs we already have. China didn’t fleece us. You’re just taking the blame of your miserable existence and shifting it towards something else. Stop advocating for commie economic policy. Yes, China fleeced us by *checks notes* producing products/materials for cheaper than we can make in the US, which allows US companies to sell the finished products for cheaper than they otherwise could, which allows more American consumers to be able to purchase them, which also leaves those same American consumers with more money left over in their wallets to then invest in other domestic products/services in which American workers are willing to perform.
April 9, 2025Apr 9 41 minutes ago, Mike31mt said: You can reflect on it but I never said it That's what a tariff is Michael. You're calling people commies for not supporting a tax on American importers. Do you need me to use crayons or are you starting to understand?
April 9, 2025Apr 9 Author 12 minutes ago, Phillyterp85 said: Yes, China fleeced us by *checks notes* producing products/materials for cheaper than we can make in the US, which allows US companies to sell the finished products for cheaper than they otherwise could, which allows more American consumers to be able to purchase them, which also leaves those same American consumers with more money left over in their wallets to then invest in other domestic products/services in which American workers are willing to perform. They tricked us and ripped us off
April 9, 2025Apr 9 53 minutes ago, Mike030270 said: I just bought a new pair recently Same. I got some Hoka's, I saw all the nurses wearing them and thought that was good enough for me.
April 9, 2025Apr 9 1 minute ago, DaEagles4Life said: Same. I got some Hoka's, I saw all the nurses wearing them and thought that was good enough for me. They're worth it. I had a bad mid foot sprain awhile back and they're what got me out of the boot. I've worn them ever since.
April 9, 2025Apr 9 38 minutes ago, Phillyterp85 said: Yes, China fleeced us by *checks notes* producing products/materials for cheaper than we can make in the US, which allows US companies to sell the finished products for cheaper than they otherwise could, which allows more American consumers to be able to purchase them, which also leaves those same American consumers with more money left over in their wallets to then invest in other domestic products/services in which American workers are willing to perform. This 💯. I would just add that companies that rely mostly on domestic supplies for production, still rely on foreign/Chinese parts to fix their machines. The US relies on the global economy as much as it relies on us.
April 9, 2025Apr 9 26 minutes ago, Mike030270 said: Surprise surprise. Trump hired someone that sounds like a complete imbecile.
April 9, 2025Apr 9 6 hours ago, mayanh8 said: @vikas83 is this a basis unwinding or the black swan? Feels kind of not good. There are basically 3 reasons being kicked around -- here they are in the order of impact in my opinion. 1. Basis trade blowing up -- lots of guys go long UST (say the 10 year) and short the future in order to capture the small spread. Then they lever it 50+ times. In times of market turmoil, guys get stopped out and become forced sellers of cash bonds. It got so bad during COVID that the Fed had to buy. I think this is the largest part of it. 2. China and others selling -- I think they have added some pressure. Also, yesterday's auction wasn't great as they didn't play, and there's another large auction today. 3. Loss of confidence in US government -- this is harder to quantify, but it is definitely making foreign buyers pause.
April 9, 2025Apr 9 Has anyone noticed price of red meat and chicken? I usually go to Aldi and my usual ~$6-7 for just under 2lbs of chicken is now ~$10
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