My fear is that #Trump will end up getting impeached and then #Pence will take over. Trump has no filter - all of America knows his true thoughts and how unprepared he is to be president. But Pence is very smooth. You'd never know how much more radical than Trump Pence really is. He sounds like the voice of reason, but he's even a greater threat to America than Trump.
I believe technology will be #Trump's downfall. In the old days, people could get away with making ridiculous comments, and their PR firms or press secretary's could intervene before they took a life of their own. But information disseminates instantly and globably these days. Tools like #Twitter ($TWTR), which Trump seems to adore, give him the ability to let all of America know his true, inappropriate thoughts before his team can tweak them.
Overnight on Dec.6-7, there was a scary episode which showed what this might mean when the Chinese #renminbi fell sharply. It seemed like a deliberate devaluation to show Pres.-elect #Trump who controls China's exchange rate policy. But in the end, it turned out to be a fat fingers goof perpetrated Monday night by a UK money brokerage, ICAP plc. Here again we dodged a bullet, as for some years we owned the ADR, $IAPLY. But in fact the bullet dodged was by the whole world, because a deep renminbi devaluation could have caused a major international incident with the future US Administration, and a test of Trump's temper. Luckily it was just an error by markets.
The article is cogent and you are right in suggesting that Tech needs to get involved if the Santa or #Trump rally is to continue! What puzzles me is $AMZN's lack of involvement in the rally, same goes for $FB but they are fighting the currents caused by inaccurate ad metrics and fake news! AAPL is a one product company and lately they can't even produce a decent phone. AMZN, however, has no excuse. A 55% YOY increase in AWS and stupendous sales numbers have not moved the needle. $GOOGL is the only #FANG member that has shown some positive momentum. In the absence of Biotech and Pharma, Tech needs to fill that void or the rally has seen its best days already!
Interesting read. There's no question that a #Trump presidency will benefit big business. The question is if these tax savings will trickle down to the average Joe, or will the companies simply horde their savings? I'm betting on the latter. At least the savvy investor can benefit as well by investing accordingly.
I am not nearly as concerned as the two of you. #Trump is a lot of things (many of them bad). But he is a great deal maker - I'd much rather have him on our side of any negotiation. And while we may not be privy to the finder details, when were we ever?
Did #Obama let us know about his deals, such as when he gave hundreds of million (maybe more) in ransom to #Iran to secure the release of American? Or when he reached a nuclear agreement with Iran, which entrusted them to inspect their own facilities?
We've been on the losing side of deals for a long time. Trump will squeeze the best arrangement he can.
I too would like to know what #Trump has been offering all these companies to close these deals. I don't trust him. But saying the deal with #Softbank will only lead to more homelessness is a big leap. What are you basing that on?
@[Joe Johnson](user:35978), while to a large extent you are correct about the "Broken Window Fallacy," that doesn't take into consideration those who save money rather than pump it back into the economy. As an extension, that's the reason why I think #Trump will fail with his policies is because when companies get tax breaks, they horde the money, they don't give it to their employees.
These are great charts. The Republicans could have helped Obama
with more stimulus, but chose political power over helping the economy. Now, #Trump has inherited a mess caused by his own party. If he cannot fix it, he will be fired and that won't be attributed to Russian propaganda, but to his disfunctional party.
The last thing we want is hot Asian money to come in and buy up our assets which have been mainly buying up hot properties. It helps #Trump's assets but at the cost of out of control housing inflation. I have the feeling #Softbank's deal will only make more Americans homeless although no one knows the details because he is not President and feels that he has no need to disclose deals he makes in the name of the American people. This sounds very Hillaryish and is why people didn't want her in office. The perception of corruption is another word for this secret deal making.
That's a creepy comment for #Trump to make (though he is the king of creepy comments). We can agree to disagree on Israel, but America's policy of regime change has nothing to with any country but America.
As for Israel, we've gotten far more from our alliance with them. Not to mentioned the countless medical and technical advances that have benefited the entire world. All those who argue that we should boycott Israel would likely not get far in life if they truly boycotted EVERYthing that came out of that little country on the other end of the world. Check out this great list, I think you'll be surprised:
We tolerate far more from countries who kill thousands of their own people or who openly support anti-America rhetoric, not to mention countries who supported and helped hide Bin Laden. Sad.
Can you really claim that #Trump is Anti-Semitic when his own daughter, #Ivanka is Jewish? He seems to have an unhealthy attraction to her, and an obvious appreciation for her husband's business and political acumen (Jared #Kushner). And there's nothing wrong with being pro-Zionist... a strong #Israel makes for a strong America.
Remember that #Trump will not destroy all free trade. He makes stuff out of the country. And Al, my aunt's car broken down in the desert when I was 7 and it was 110 degrees has nothing to do with an Ivory Tower. How more real can you be, stuck in the middle of the desert in a top of the line blue beautiful Buick? Stuff is made in superior fashion now, and there are big dangers to tariffs. The economy will slow down if too many tariffs are thrown up, unless you get a lot of nations to start bringing factories here. If it is profitable, in certain industries, tariffs are appropriate. As an article on Business Insider explained back in 2010, there were already 12,000 tariffs on products in industries that our government has chosen to protect. www.businessinsider.com/americas-biggest-tariffs-2010-9
Remember those shoes I talked about? There is still a 37 percent tariff on leather shoes, Al.
He's likely going to continue offering tax incentives in order to prevent manufacturing jobs from leaving the US. Most notably, the #Carrier deal organized by #Trump and Indiana Governor where they offered carrier 7 million dollars in incentives for maintaining the factory in Indiana
Your predictions are antithetical to more than 100 years (1816-1967) of real world experience as the most tariff protected nation on earth.
You are clinging to an Ivory Tower theory. In the real world tariff protection made us wealthy while free trade has resulted in declining prosperity for the vast majority of Americans. Enough Americans no longer believe the myth of free trade to make #Trump president. Are you also a member of the Flat Earth Society?
Mr. Trump Should Not Fall Into The Fascist Trap; Disagreements Are The Spice Of Life
My fear is that #Trump will end up getting impeached and then #Pence will take over. Trump has no filter - all of America knows his true thoughts and how unprepared he is to be president. But Pence is very smooth. You'd never know how much more radical than Trump Pence really is. He sounds like the voice of reason, but he's even a greater threat to America than Trump.
Mr. Trump Should Not Fall Into The Fascist Trap; Disagreements Are The Spice Of Life
I believe technology will be #Trump's downfall. In the old days, people could get away with making ridiculous comments, and their PR firms or press secretary's could intervene before they took a life of their own. But information disseminates instantly and globably these days. Tools like #Twitter ($TWTR), which Trump seems to adore, give him the ability to let all of America know his true, inappropriate thoughts before his team can tweak them.
President-Elect Kim Kardashian
I find #Trump troubling on so many levels, I doubt Kim Kardashian could be any worse.
War Is Declared - China Just Dropped The Warning Yuan
Overnight on Dec.6-7, there was a scary episode which showed what this might mean when the Chinese #renminbi fell sharply. It seemed like a deliberate devaluation to show Pres.-elect #Trump who controls China's exchange rate policy. But in the end, it turned out to be a fat fingers goof perpetrated Monday night by a UK money brokerage, ICAP plc. Here again we dodged a bullet, as for some years we owned the ADR, $IAPLY. But in fact the bullet dodged was by the whole world, because a deep renminbi devaluation could have caused a major international incident with the future US Administration, and a test of Trump's temper. Luckily it was just an error by markets.
Tech May Hold Key To Continued Santa Rally
The article is cogent and you are right in suggesting that Tech needs to get involved if the Santa or #Trump rally is to continue! What puzzles me is $AMZN's lack of involvement in the rally, same goes for $FB but they are fighting the currents caused by inaccurate ad metrics and fake news! AAPL is a one product company and lately they can't even produce a decent phone. AMZN, however, has no excuse. A 55% YOY increase in AWS and stupendous sales numbers have not moved the needle. $GOOGL is the only #FANG member that has shown some positive momentum. In the absence of Biotech and Pharma, Tech needs to fill that void or the rally has seen its best days already!
The Future Of Deferred Taxes
Interesting read. There's no question that a #Trump presidency will benefit big business. The question is if these tax savings will trickle down to the average Joe, or will the companies simply horde their savings? I'm betting on the latter. At least the savvy investor can benefit as well by investing accordingly.
The Art Of The Autocrat
I am not nearly as concerned as the two of you. #Trump is a lot of things (many of them bad). But he is a great deal maker - I'd much rather have him on our side of any negotiation. And while we may not be privy to the finder details, when were we ever?
Did #Obama let us know about his deals, such as when he gave hundreds of million (maybe more) in ransom to #Iran to secure the release of American? Or when he reached a nuclear agreement with Iran, which entrusted them to inspect their own facilities?
We've been on the losing side of deals for a long time. Trump will squeeze the best arrangement he can.
The Art Of The Autocrat
I too would like to know what #Trump has been offering all these companies to close these deals. I don't trust him. But saying the deal with #Softbank will only lead to more homelessness is a big leap. What are you basing that on?
My Housekeeper Has a Nicer Car Than Me
@[Joe Johnson](user:35978), while to a large extent you are correct about the "Broken Window Fallacy," that doesn't take into consideration those who save money rather than pump it back into the economy. As an extension, that's the reason why I think #Trump will fail with his policies is because when companies get tax breaks, they horde the money, they don't give it to their employees.
Our "Gaslight" Economy
These are great charts. The Republicans could have helped Obama
with more stimulus, but chose political power over helping the economy. Now, #Trump has inherited a mess caused by his own party. If he cannot fix it, he will be fired and that won't be attributed to Russian propaganda, but to his disfunctional party.
The Art Of The Autocrat
The last thing we want is hot Asian money to come in and buy up our assets which have been mainly buying up hot properties. It helps #Trump's assets but at the cost of out of control housing inflation. I have the feeling #Softbank's deal will only make more Americans homeless although no one knows the details because he is not President and feels that he has no need to disclose deals he makes in the name of the American people. This sounds very Hillaryish and is why people didn't want her in office. The perception of corruption is another word for this secret deal making.
Trump Part IV – The Causes and Uses of An Economic Crisis
That's a creepy comment for #Trump to make (though he is the king of creepy comments). We can agree to disagree on Israel, but America's policy of regime change has nothing to with any country but America.
As for Israel, we've gotten far more from our alliance with them. Not to mentioned the countless medical and technical advances that have benefited the entire world. All those who argue that we should boycott Israel would likely not get far in life if they truly boycotted EVERYthing that came out of that little country on the other end of the world. Check out this great list, I think you'll be surprised:
www.facebook.com/.../820698877940154/
We tolerate far more from countries who kill thousands of their own people or who openly support anti-America rhetoric, not to mention countries who supported and helped hide Bin Laden. Sad.
Trump Part IV – The Causes and Uses of An Economic Crisis
Can you really claim that #Trump is Anti-Semitic when his own daughter, #Ivanka is Jewish? He seems to have an unhealthy attraction to her, and an obvious appreciation for her husband's business and political acumen (Jared #Kushner). And there's nothing wrong with being pro-Zionist... a strong #Israel makes for a strong America.
Trump Part IV – The Causes and Uses of An Economic Crisis
Remember that #Trump will not destroy all free trade. He makes stuff out of the country. And Al, my aunt's car broken down in the desert when I was 7 and it was 110 degrees has nothing to do with an Ivory Tower. How more real can you be, stuck in the middle of the desert in a top of the line blue beautiful Buick? Stuff is made in superior fashion now, and there are big dangers to tariffs. The economy will slow down if too many tariffs are thrown up, unless you get a lot of nations to start bringing factories here. If it is profitable, in certain industries, tariffs are appropriate. As an article on Business Insider explained back in 2010, there were already 12,000 tariffs on products in industries that our government has chosen to protect. www.businessinsider.com/americas-biggest-tariffs-2010-9
Remember those shoes I talked about? There is still a 37 percent tariff on leather shoes, Al.
Thomas Friedman: Automation Is Killing Jobs
He's likely going to continue offering tax incentives in order to prevent manufacturing jobs from leaving the US. Most notably, the #Carrier deal organized by #Trump and Indiana Governor where they offered carrier 7 million dollars in incentives for maintaining the factory in Indiana
Trump Part IV – The Causes and Uses of An Economic Crisis
Your predictions are antithetical to more than 100 years (1816-1967) of real world experience as the most tariff protected nation on earth.
You are clinging to an Ivory Tower theory. In the real world tariff protection made us wealthy while free trade has resulted in declining prosperity for the vast majority of Americans. Enough Americans no longer believe the myth of free trade to make #Trump president. Are you also a member of the Flat Earth Society?