Will the market continue upward trend?

[disneysteve]

Just because it doesn't exist today, doesn't mean it can't exist tomorrow.

I suppose there is a chance that veins of the various rare metals needed to make all of our electronic devices could suddenly be discovered in the US but I highly doubt it. As for produce, you need both the land and the climate and the US has neither. You can't just start growing cocoa beans in Montana because you want to stop importing it from Africa. Cocoa can be grown in Hawaii, south Florida, and PR, but again, not in nearly enough volume to supply the country. If we want to continue to have chocolate, we need to import it. And this is true of many, many other products. It's inane to ignore that reality.

[EasyMoney00]

Walmart already trying to groom the country for double digit price hikes. Same crap happened during pandemic. Funny how most of those prices never came back down even though supply chain has long been restored. Just another way to screw everyone over. But, blame it on the administration. Some people are so easy to fool. Keep allowing yourself to be spoon fed propaganda.

[ua_guy]

Walmart already trying to groom the country for double digit price hikes. Same crap happened during pandemic. Funny how most of those prices never came back down even though supply chain has long been restored. Just another way to screw everyone over. But, blame it on the administration. Some people are so easy to fool. Keep allowing yourself to be spoon fed propaganda.

A lot of what Walmart and other general goods retailers sell comes from China. Tariffs were 145% for a short while, and now they are STILL 30%. Retailers can't just absorb those tax increases. What, exactly, did you think was going to happen?

[myrdale]

As should happen in a retracting economy.

This is hilarious.There is no such thing as good news for some people out there.

[ua_guy]

This is hilarious.There is no such thing as good news for some people out there.

GDP recently shrank, inflation was up before it was down again, the stock market HAS receded, and is still below its high earlier this year, and unemployment is slightly up. Investor guidance is being pulled, major retailers and manufacturers are reporting headwinds, high taxes, and paralyzing uncertainty Maybe I'm just not as easily duped by sound bites as some people? All of this could have been avoided and the economy could have been left to flourish, everything that's happened is because of a totally manufactured "crisis".

[myrdale]

I suppose there is a chance that veins of the various rare metals needed to make all of our electronic devices could suddenly be discovered in the US but I highly doubt it. As for produce, you need both the land and the climate and the US has neither. You can't just start growing cocoa beans in Montana because you want to stop importing it from Africa. Cocoa can be grown in Hawaii, south Florida, and PR, but again, not in nearly enough volume to supply the country. If we want to continue to have chocolate, we need to import it. And this is true of many, many other products. It's inane to ignore that reality.

The comment was about cell phone and other manufacturing, not miraculous mineral materialization.

But yeah, new resources are discovered all the time. The question is only a matter of price as to if it is worth digging for them now or in the future.

Its inane to suggest growing cocoa beans in Montana. Cocoa beans are clearly an 11a-13b plant and Montana is a 4b at best, everyone knows that. Luckily Puerto Rico has no tariffs.

Then again it would be a huge boon for public health if significant tariffs were implemented on on cocoa bean products. Who needs thirty dolls when two will do. Who needs five Snicker Bars a day when one a month will suffice.

[ua_guy]

The comment was about cell phone and other manufacturing, not miraculous mineral materialization.

But yeah, new resources are discovered all the time. The question is only a matter of price as to if it is worth digging for them now or in the future.

Its inane to suggest growing cocoa beans in Montana. Cocoa beans are clearly an 11a-13b plant and Montana is a 4b at best, everyone knows that. Luckily Puerto Rico has no tariffs.

Then again it would be a huge boon for public health if significant tariffs were implemented on on cocoa bean products. Who needs thirty dolls when two will do. Who needs five Snicker Bars a day when one a month will suffice.

How about you address retailers having to increase prices because of trade tax increases and how un-free market it is to penalize where businesses are currently procuring their materials? Isn't that picking winners and losers and legislating the market a little too much?

Most of us are done playing with dolls. We want our savings and everything we've worked for to be there for us as we get ready to retire. Nobody asked to be doge'd or have their investments destroyed by a totally made-up and unhinged trade war.

[EasyMoney00]

God forbid if we can't have mountains of cheap coffee, chocolate, bananas and avocados. People can actually survive on other food groups.

Again, too many people want cheap crap. We are a throw away society. Stop buying so much junk.

[Fishindude77]

This is hilarious.There is no such thing as good news for some people out there.

Amen !
The good news is, a great many of Americans are happy with the way things are going.

[ua_guy]

Reduced spending in our own economy, and higher prices due to trade taxes. Glad y'all are happy about that, it's what you wanted!

[disneysteve]

The comment was about cell phone and other manufacturing, not miraculous mineral materialization.

Same thing. You can't make a cell phone without the materials required to make one and those materials don't exist on US soil as far as we know, or at least not in sufficient quantities.

[myrdale]

Same thing. You can't make a cell phone without the materials required to make one and those materials don't exist on US soil as far as we know, or at least not in sufficient quantities.

Do you fail to understand invention and innovation?

And just because there are tariffs in place, doesn't mean we can't purchase the raw materials from China, refine them here, fabricate the components, then manufacture phones here.

[myrdale]

How about you address retailers having to increase prices because of trade tax increases and how un-free market it is to penalize where businesses are currently procuring their materials? Isn't that picking winners and losers and legislating the market a little too much?

Most of us are done playing with dolls. We want our savings and everything we've worked for to be there for us as we get ready to retire. Nobody asked to be doge'd or have their investments destroyed by a totally made-up and unhinged trade war.

If China wants to keep tariffs on US goods, then we will keep tariffs on their goods to match.

I am unaware of the penalties you're speaking off. Sounds like more fake news.

I'm unaware of anyone picking winners or losers. Either they adapt to the new economy, or they die.

I think plenty of Americans are asking for the government ot be "doge'd" the more waste, fraud and abuse they uncover and eliminate, the further our taxes will go, and the more we will have for retirement.

I don't see any markets collapsing and investments being destroyed. More fake news panic.

[ua_guy]

If China wants to keep tariffs on US goods, then we will keep tariffs on their goods to match.

I am unaware of the penalties you're speaking off. Sounds like more fake news.

I'm unaware of anyone picking winners or losers. Either they adapt to the new economy, or they die.

I think plenty of Americans are asking for the government ot be "doge'd" the more waste, fraud and abuse they uncover and eliminate, the further our taxes will go, and the more we will have for retirement.

I don't see any markets collapsing and investments being destroyed. More fake news panic.

I trust the industries, the CEO's, the CFO's, their actual words, as well as highly respected economists and their analysis. The media is just a vehicle to relay the information they speak. It's not fake. The stock market IS down, retailers ARE struggling, manufacturers ARE struggling. But you do you.

Let's be honest with each other...you can't rebut this because the facts aren't on your side. You want this little plan to work out, you want to be right, but that's not how it's going so far. If it works, we all win, yes? But that's not where this is headed in the moment, and it's more than fair to be critical of the haphazardness of the process, the uncertainty, and to be concerned for our US industries and our own US citizens who are being exposed to risk they didn't want or ask for. The current handling of the economy has been highly unpopular in polling--because it isn't producing the expected result.

[ua_guy]

https://finance.yahoo.com/news/consumer-sentiment-hits-second-lowest-reading-on-record-143434248.html