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Trump - Trade Wars/Crash

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Comments

  • Alistair31
    Alistair31 Posts: 985 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Trump has been a force for good - see your investment accounts.

    Far too much hate out there for the man.
  • Brian65
    Brian65 Posts: 255 Forumite
    edited 2 August 2019 at 7:41AM
    Alistair31 wrote: »
    Trump has been a force for good - see your investment accounts.

    Far too much hate out there for the man.

    How much of the US stock market rise is down to Trump?
    Every time he takes to Twitter to announce more tariffs the US stock market drops.
  • Brian65
    Brian65 Posts: 255 Forumite
    But then again the likes of Amazon are like a neutron bomb for British High Streets yet pay zilch in UK tax...But no chance of "Britain First" and hitting the the likes of Amazon with tax demands :naughty:

    Well yes but the biggest problem for the High Streets is high rents. We live in a rent-extracting economy posing as free enterprise.
  • Ceme3000
    Ceme3000 Posts: 217 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    A well timed post as we see another day today of market jitters due to trade wars.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I should imagine there will be no trade war come election day, the US fed will have been arm twisted into reducing interest rates further and a nice bubble will have been created. It may be good advice to sell everything the day after Trump is re-elected, we all know what happens to manufactured bubbles :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • dividendhero
    dividendhero Posts: 2,417 Forumite
    Ceme3000 wrote: »
    A well timed post as we see another day today of market jitters due to trade wars.

    And no doubt the money men backing Trump will have shorted stock as they'd have known about this before the rest of us..."Drain the swamp" anyone :whistle:
  • iglad
    iglad Posts: 222 Forumite
    Part of the Furniture 100 Posts Photogenic
    trump's imbecile tweets has wiped billions off company valuations and he's created the global slowdown. The man's a danger to every share owner.
  • Brian65
    Brian65 Posts: 255 Forumite
    StevieJ wrote: »
    I should imagine there will be no trade war come election day, the US fed will have been arm twisted into reducing interest rates further and a nice bubble will have been created. It may be good advice to sell everything the day after Trump is re-elected, we all know what happens to manufactured bubbles :eek:

    Depends what you call trade war.
    Trump will still be a 'Tariffs Man' for political reasons - because its a stealth tax.
    Even more stealthy than VAT because it doesn't show separately on the price of goods. He can claim China is paying it.
  • iglad
    iglad Posts: 222 Forumite
    Part of the Furniture 100 Posts Photogenic
    edited 5 August 2019 at 12:20PM
    Luckily for me I only have 14% of my Investment funds portfolio invested in the UK so there's some decrease in my profits.

    However the only shares I hold Lloyds (since 1986!!) and RBS (since 2008) shares have just about been completed in my nominee account holding out till next week to see if they bump back up if not they are gone. They are gone anyway come what may.

    update: I sold them and lost about £500 in the time that I transferred and sold them hey such is life but I'm shot of them now. To those who still hold them, I wish you all the best of luck, sayonnara.
  • webjaved
    webjaved Posts: 622 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Alistair31 wrote: »
    Trump has been a force for good - see your investment accounts.

    Far too much hate out there for the man.

    I'm sure when he starts a trade war it affects the stock market in one way - going down, not up.
    Save £12k in 2019 #154 - £14,826.60/£12k
    Save £12k in 2020 #128 - £4,155.62/£10k
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