Posts Made By: Darian Rachal

Originally Posted by Rod Kaufman

The worst of the year, nearly a 1000 point drop on top of what happened last week.
"We have a trade situation that is going off the rails," Peter Boockvar, chief investment officer at Bleakley Advisory Group, wrote in a note to clients on Monday. "The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably."
David Kotok, co-founder and chief investment officer of investment firm Cumberland Advisors, told CNN Business that "this stupid tariff war we're having" is raising the risk of a recession.
The Chamber of Commerce warned last week that these new tariffs "will only inflict greater pain on American businesses, farmers, workers and consumers, and undermine an otherwise strong US economy."
America's farmers won't get relief any time soon. China's Commerce Ministry confirmed that Chinese companies have halted purchases of US agricultural products.
FDIC Chairman Jelena McWilliams told CNN Business last week that the agency is "monitoring very closely" how banks in farm states are being impacted by the trade war.
"We may experience more delinquencies, which then become very difficult for those communities and our ag sector," McWilliams said.
"China is taking a darker and more cynical view of Trump's objectives with China," said Michael Hirson, Eurasia Group's practice head of China and Northeast Asia. "They're becoming increasingly pessimistic about their ability to steer Trump away from further escalation."
The bottom line? Trump's trade policy with China is an utter failure and it may very well lead to a recession sooner rather than later...

Rod, did he offer any solution to the problem or just whine?

Originally Posted by Rod Kaufman

Darian, I don't know who the "He" is that you're referring to since I've quoted multiple sources in my post.If you're not simply trolling, the short answer to your flippant post is neither. Nor is it up to any of the quoted sources to create a policy statement on their own. You want a potential solution? Go with Biden because he's the only candidate thus far that wants to form a global partnership against China's economic policies, unlike the go it alone and get screwed approach of your leader.
Now, if you want any further response from me, stop the trolling and think about what you write before you post it...

Rod, did the part I put in bold not show up in my response? 

"We have a trade situation that is going off the rails," Peter Boockvar, chief investment officer at Bleakley Advisory Group, wrote in a note to clients on Monday. "The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably."

I simply asked if the fellow offered a solution to the China problem other than to criticize Trump.

Originally Posted by Rod Kaufman

Gotta love those new Fox News Polls:
https://www.foxnews.com/politics/fox-news-poll-most-back-gun-restrictions-after-shootings-trump-ratings-down

Rod, keep telling yourself that the Democrats are going to win in 2020.

Originally Posted by Rod Kaufman

Blame the "left":
https://www.cnn.com/videos/politics/2019/08/19/gop-memo-lawmakers-shootings-contorno-crn-vpx.cnn/video/playlists/this-week-in-politics/

Rod, here's something for you to get hysterical about:https://www.cnn.com/2019/08/21/politics/donald-trump-chosen-one/index.html 

James, with all the polling information you presented, you should be elated; it looks like a slam dunk against Trump by whatever sack of s**t the Democrats throw into the race.

Originally Posted by James Lacey

I'm not elated. The point is that the polling data clearly shows that Trump lives in an alternate reality that does not exist. For example, his insistence that China is paying for the tariffs, when everyone knows that who's really paying for it are American consumers, farmers, truckers, etc.

That'll be a sad commentary  on the Democrat Party if he trounces them in 2020, which I anticipate occurring.

Originally Posted by James Brown

Hi Greg, Darian:

I don't know how you two can be so optimistic.  It seems to me that Trump is likely to lose.  I know that the polls were wrong in 2016, and I recall that I sure was wrong with my predictions back then.  But.... it ought to be so easy for the D's to win.  Flipping Michigan, Wisconsin and Pennsylvania would do it, and that should not be impossible.  Unless the D's nominate a socialist in name or deed, I suppose.

If the economy does falter, I would think that a Trump win would be all but impossible.

Sure, the pollsters blew it last time, in part because so many Trump voters refused to answer polls or misled the pollsters.  Perhaps more importantly, Trump must have gotten some inconsistent voters to vote in the upper Midwest, and Clinton blew the turnout in these states big time.  Both of these occurrences skewed the models the pollsters rely upon.  I would expect the legit pollsters (Gallup, Quinnipiac, NBC/WSJ etc.) to be cautious about these effects next time, and make reasonable adjustments.  The legit pollsters do have some professional pride.

Jim

Jim, my expectations of a Trump victory are pretty much based on my hunch or "intuition" on the matter, and of course I may be mistaken. I think Trump will garner more black vote this time around, and perhaps more Mexican vote as well. I'm inclined to think that most of the people that voted for Trump will do so again. I really can't see any reason for the states you mentioned to go back to the Democrat corner; Trump might even flip a Democrat state.                                                                                                                                                                                                                                                                                                 I do not see any benefit for me to pay attention to polls, whether I like the results are not.                                                                                                                                                                                                                                                                                                                                              Support for Trump at his rallies seems to be as strong as ever. The Democrats running seem to be nothing more than a collection of buffoons. It's difficult for me to imagine anyone taking any of them seriously.                                                            
                                                                          

Originally Posted by Greg Shaffer

You guys sure are blowing a lot of smoke.......

Here is a little icewater to cool you off.....

https://www.foxnews.com/opinion/steve-hilton-trump-recession-economy?fbclid=IwAR0uyuCCFjTzrhhqZ2HjIeR78469OD0FxQh55JFM0UHZrhwvGtMLWvYh0fI

Greg, cut them a little slack; they're suffering from the symptoms of Stage IV TDS. 

Originally Posted by Steven Moore

Darian thanks for the laugh I needed that!!

Nice turtle photo.☺️