Current events discussion

[Jimi77 Premium Member]

View attachment 65645

Were you confused and thought "new tariffs" were negative numbers?
Did you think that adding tariffs due to "economic emergency" meant lowering existing tariffs?
Do you think creating a tariff that didn't exist before is somehow not "higher"?

Did you learn "greater than" and "less than" in grade school?


"Do you know how fast that can be made back if everyone we are dealing with regarding tariffs plays FAIR?" - Thxone

Hypothetically, countries could stop hitting us with tariffs. Furthermore, tariffs have effects beyond higher prices.

 

[Jimi77 Premium Member]

1. Market losses are lost. Gone. Never to be seen again. It's not a stolen car that gets recovered and returned, or the wallet full of cash that a good samaritan gives back to you.

You keep screaming fair trade because you heard Trump say it, but you cannot explain what "fair" trade IS. You think Canada is UNfair to us in trade, even though we are the ones screwing them. You think it's UNfair for China to hit use with equal and reciprocal tariffs when the orange idiot jacks them from the 20% that existed on both sides, to 50 or even 100%.

"Fair trade". Is it "unfair trade" when best Buy sells a TV for less than Bob & Betty's Home Electronics? Is it "fair trade" when the average American spends $1500 on Canadian goods, but the average Canadian spends $7,000 on American goods? Is it "fair trade" when American Coca Cola makes Chinese people pay a premium for soda that would be cheaper without the name branding on every can?

What is YOUR explanation of fair trade? Leave out the "drug running" fallacies. Leave out the random complaints of other countries being unfair with no talk of why or how.
Just tell me specifics of "unfair" trade.

That's crazy, my market losses reappeared like a returned stolen car. Anybody with an index fund would have experienced a similar return.

 

[Jimi77 Premium Member]

1. Market losses are lost. Gone. Never to be seen again. It's not a stolen car that gets recovered and returned, or the wallet full of cash that a good samaritan gives back to you.

You keep screaming fair trade because you heard Trump say it, but you cannot explain what "fair" trade IS. You think Canada is UNfair to us in trade, even though we are the ones screwing them. You think it's UNfair for China to hit use with equal and reciprocal tariffs when the orange idiot jacks them from the 20% that existed on both sides, to 50 or even 100%.

"Fair trade". Is it "unfair trade" when best Buy sells a TV for less than Bob & Betty's Home Electronics? Is it "fair trade" when the average American spends $1500 on Canadian goods, but the average Canadian spends $7,000 on American goods? Is it "fair trade" when American Coca Cola makes Chinese people pay a premium for soda that would be cheaper without the name branding on every can?

What is YOUR explanation of fair trade? Leave out the "drug running" fallacies. Leave out the random complaints of other countries being unfair with no talk of why or how.
Just tell me specifics of "unfair" trade.

Fair Trade is subjective, unless you want it to mean "paying more for goods."

 

[Jimi77 Premium Member]

Wow. I watched that whole video. Just wow.

Just buy Apple and catch the rebound.

 

[Jimi77 Premium Member]

It's kind of messed up that there is a finite amount of money on this planet. It doesn't just disappear once it is lost in the market. It literally moves from one place to another.

Liberals are all about "New Money". "If we need more just print more!!"

If that price correction was "real loses," the markets couldn't have recovered like they did. I'm not in the mood to research it, but I'd guess the majority of that move was day traders trading index funds vs investors dumping stock or funds.

 

[administrator]

I like how this thread is morphing into finance. One of my day jobs.

I went ahead and bought caraudioandfinance.com just in case we need to transition.

 

[administrator]

1. Market losses are lost. Gone. Never to be seen again. It's not a stolen car that gets recovered and returned, or the wallet full of cash that a good samaritan gives back to you.

You keep screaming fair trade because you heard Trump say it, but you cannot explain what "fair" trade IS. You think Canada is UNfair to us in trade, even though we are the ones screwing them. You think it's UNfair for China to hit use with equal and reciprocal tariffs when the orange idiot jacks them from the 20% that existed on both sides, to 50 or even 100%.

"Fair trade". Is it "unfair trade" when best Buy sells a TV for less than Bob & Betty's Home Electronics? Is it "fair trade" when the average American spends $1500 on Canadian goods, but the average Canadian spends $7,000 on American goods? Is it "fair trade" when American Coca Cola makes Chinese people pay a premium for soda that would be cheaper without the name branding on every can?

What is YOUR explanation of fair trade? Leave out the "drug running" fallacies. Leave out the random complaints of other countries being unfair with no talk of why or how.
Just tell me specifics of "unfair" trade.

On the contrary, market losses usually do come back. The market is only a number. If X stock is at $50, then drops to $30, then rebounds to $50, what’s lost?

The large funds don’t dump shares and hold the money, they move it to another stock. For example, when tech is down, usually the funds are moving it to safer areas, like consumer staples etc. When apple was being dumped this morning, something else was being bought. All a cycle, the funds can’t sit on large amounts of cash, it just moves from one sector to another. On the surface, it looks like a crash, but it’s just moving money around in the end. Just so happens tech are the major holdings in the index’s because of the huge market caps and heavily weighted and when they fall, the index falls.

 

[Popwarhomie 5,000+ posts]

I don't follow politics or care to argue them but I'm really hoping this bill passes to remove suppressors and short barrel rifles from the NFA.

 

[ThxOne Premium Member]

 

[RobGMN Premium Member]

On the contrary, market losses usually do come back. The market is only a number. If X stock is at $50, then drops to $30, then rebounds to $50, what’s lost?

Prices may come back, but losses do not come back.
If you own a share of x at 50 and you sell at 30, you're down 20 unless you buy back in at 30 before it goes to 50.
You're not down if you never sell, but actual selling below market is what drives the real price down.

The large funds don’t dump shares and hold the money, they move it to another stock. For example, when tech is down, usually the funds are moving it to safer areas, like consumer staples etc. When apple was being dumped this morning, something else was being bought. All a cycle, the funds can’t sit on large amounts of cash, it just moves from one sector to another. On the surface, it looks like a crash, but it’s just moving money around in the end. Just so happens tech are the major holdings in the index’s because of the huge market caps and heavily weighted and when they fall, the index falls.

But again, we're talking actual sales driving prices down. It's not like housing where prices are arbitrary and fluctuate with no money lost.

Imagine an IPO of 1 million shares that opens at $20 a share. All 1 million shares get sold for $20 million. People start hearing that the company is not doing well, so they start selling off their shares at $15 a share. All 1 million shares get sold for $15.
Collectively, $5 million has been lost by the people who invested in that company. More bad news happens, and the million people sell off their shares at $10 a share. $5 million has been lost by those people who invested in that company.
Continue the cycle until the shares are worth virtually nothing. Are you telling me that money has just been "shifted around"?
Technically, it has. But it was shifted around so that real investors took real losses which drove the stock price down.

 

[RobGMN Premium Member]

I don't follow politics or care to argue them but I'm really hoping this bill passes to remove suppressors and short barrel rifles from the NFA.

At least the tax. I could care less about the registration (as useless as it is), but paying $200 just so I can build my own, or $200 so I can buy a manufactured one for another $700-800 is stupid.

Put a $200 tax on every cellphone, since they cause more than any harmless suppressor ever could.

 

[spokey9 5,000+ posts]

Prices may come back, but losses do not come back.
If you own a share of x at 50 and you sell at 30, you're down 20 unless you buy back in at 30 before it goes to 50.
You're not down if you never sell, but actual selling below market is what drives the real price down.

It's obvious Robbo only understands the short term day trading...but then again he's probably buying $20 worth of penny stocks and selling when he can make a 25 cents in profit

It's obvious he doesn't understand that long term is virtually a guaranteed winner all around and hedges against most dips

 

[Jimi77 Premium Member]

On the contrary, market losses usually do come back. The market is only a number. If X stock is at $50, then drops to $30, then rebounds to $50, what’s lost?

The large funds don’t dump shares and hold the money, they move it to another stock. For example, when tech is down, usually the funds are moving it to safer areas, like consumer staples etc. When apple was being dumped this morning, something else was being bought. All a cycle, the funds can’t sit on large amounts of cash, it just moves from one sector to another. On the surface, it looks like a crash, but it’s just moving money around in the end. Just so happens tech are the major holdings in the index’s because of the huge market caps and heavily weighted and when they fall, the index falls.

Alot of mutual funds don't even have the flexibility to do that. I suspect a lot of the "loss" and bounce back was day traders.

 

[Popwarhomie 5,000+ posts]

At least the tax. I could care less about the registration (as useless as it is), but paying $200 just so I can build my own, or $200 so I can buy a manufactured one for another $700-800 is stupid.

Put a $200 tax on every cellphone, since they cause more than any harmless suppressor ever could.

I could live with that.

 

[Buck 5,000+ posts]

literal robocop