The End of Trump; the Dawning of the Age of Bolton.

[Martin Hash]

7% of the U.S. are millionaires and most of those are multi-millionaires. These are the people who complain about Trade Wars. The other 93% don’t give a rat’s ass.

And The 1%, holy Jesus Christ, fuck what they want.

[Speaker to Animals]

Again, this is just another Bush admin policy warmed over, the Bushies already went for the steel tax back in 2003, ostensibly to protect 100,000 steel workers, but it ended up backfiring on the manufacturing side of things, when higher steel prices led to lower sales, less production, and inevitable job losses in a much bigger sector of the economy, and after only a year even the Bushies had to admit that it had backfired and so they dropped the tariff tax.

And you're shooting yourselves in the foot, for what again? 2% of steel imports into the US?

Stoopid.

Steel tarrifs are as old as wall street fren. Do you know what the ticker symbol is for USS?

2% is nothing so I don't see the issue with your 401k shtf scenario

US Steel's ticker symbol is "X".

It's been responding funny to the tariffs - had a little pop, and now fading with the market. I'd wait a month or two before taking a shot.

The fuck?

On technicals, it is about to either bounce off that sr line or plunge, my guess being a bounce, but you should wait.

Like.. soon.

[Viktorthepirate]

7% of the U.S. are millionaires and most of those are multi-millionaires. These are the people who complain about Trade Wars. The other 93% don’t give a rat’s ass.

And The 1%, holy Jesus Christ, fuck what they want.

This is jeopardizing our plans to shift a good chunk of our manufacturing to the US.

If I import a complete product to the US, no tariffs.

If I build it in the US, I feel the steel tariff because my contract mfg does.

I was about to pull the trigger and make the switch, now I need to think about it a great deal more.

[SuburbanFarmer]

7% of the U.S. are millionaires and most of those are multi-millionaires. These are the people who complain about Trade Wars. The other 93% don’t give a rat’s ass.

And The 1%, holy Jesus Christ, fuck what they want.

This is jeopardizing our plans to shift a good chunk of our manufacturing to the US.

If I import a complete product to the US, no tariffs.

If I build it in the US, I feel the steel tariff because my contract mfg does.

I was about to pull the trigger and make the switch, now I need to think about it a great deal more.

The whole economy is being put 'on hold' for the next few months, while this game plays out. At the worst possible time. Nobody is going to expand their business, without knowing wtf is happening a few months from now.

Trump has effectively put a lid on GDP for the rest of 2018.

[Martin Hash]

Like I said before; if virtually all the increase in GDP goes to The 1%, who the fuck cares.

[SuburbanFarmer]

Like I said before; if virtually all the increase in GDP goes to The 1%, who the fuck cares.

Not me. But it does make it challenging to find work.

[Speaker to Animals]

Pull up US Steel on Stockcharts.com. Add bollinger bands and look at what is happening. It might already be breaking out today.

[Martin Hash]

Like I said before; if virtually all the increase in GDP goes to The 1%, who the fuck cares.

Not me. But it does make it challenging to find work.

Sounds like a good time to get into the steel business.

[Martin Hash]

The 1% are NOT the magical “job providers”! Any mutterfukker here want to claim otherwise? (Google where new jobs come from first.)

[Viktorthepirate]

7% of the U.S. are millionaires and most of those are multi-millionaires. These are the people who complain about Trade Wars. The other 93% don’t give a rat’s ass.

And The 1%, holy Jesus Christ, fuck what they want.

This is jeopardizing our plans to shift a good chunk of our manufacturing to the US.

If I import a complete product to the US, no tariffs.

If I build it in the US, I feel the steel tariff because my contract mfg does.

I was about to pull the trigger and make the switch, now I need to think about it a great deal more.

The whole economy is being put 'on hold' for the next few months, while this game plays out. At the worst possible time. Nobody is going to expand their business, without knowing wtf is happening a few months from now.

Trump has effectively put a lid on GDP for the rest of 2018.

It’s possible, but I hope your wrong.

I will say that companies that were flush with cash and ready to spend a lot of money just a month ago are pulling back a bit now.

Nothing major yet, but I’m not getting a good feeling.

We shifted into growth mode and this is putting a monkey wrench in it.