Jkloc420
Do you need an air compressor or tire gauge
yes there is no doubt about a steel resurgence
newfie
Well-Known Member
Did you see all steel factories opening up bud?
Did you read any industry analysis or did you simply cherry pick one stock number during a down phase to make your argument?
NYSE Steel Index Trading Economics.com Fast Markets.com Right now the tariffs are helping them but they can and likely will eventually be lifted.
newfie
Well-Known Member
you keep trying to limit your scope to make a negative argument . we all discussed this last year when he first imposed the tariffs.
steel and aluminum were in a resurgence at the time we imposed the tariffs not only here but world wide. it was the perfect time for him to impose the tariffs and allowed American companies to become more competitive and capture a bigger piece of the overall market. The timing for the tariffs has been excellent. obviously Trump couldn't do it during a recession. So you drop the taxe rate on americans and kick start the sagging economy you then impose the tariffs while you renegotiate old outdated trade agreements and voila the roaring American economy we have here.
we discussed all this when they were imposed in detail . you're kinda walking in late on this conversation , uninformed at that.
The market is telling us something different.
People panic.
Brownslave688
You want a toe? I can get you a toe.
Market does not equal the economy
People far more qualified than you and I are saying that things are going to slow down perhaps quite a bit and the indexes are offering up data that seems to back it up.
The market is a forecast of future activity.
Unemployment is low and companies are making record profits. Lots of things going on right now and Wall Street doesn't like uncertainty. Just stay the course. The sky isn't falling
DriveInDriveOut
Inordinately Right
chicken or the egg
Mind your own damn business
Brownslave688
You want a toe? I can get you a toe.
There are many instances of market corrections during thriving economies.
Also the market made a much quicker recovery than the economy itself this last go round. Companies had an easy excuse to cut cost and so many people were looking for jobs labor was cheap.
Brownslave688
You want a toe? I can get you a toe.
Maybe things are bound to slow down because we’ve had growth that hasn’t been seen in a long time. We’re also in one on the longest periods ever without a slow down.
It doesn’t take a rocket scientist to predict a recession at this point. The odds are in their favor.
Just reaffirms what I said. The market is a forecast of future economic activity. The market moved out ahead of the Great Recession because it could foresee improved economic activity and earnings.
Brownslave688
You want a toe? I can get you a toe.
Man you are completely clueless aren’t you?
Indecisi0n
Well-Known Member
Bitcoin Bitcoin Bitcoin
newfie
Well-Known Member
you not any of the people that now have jobs in new steel factories. you on the other hand are in your own little negativity bubble while the rest of the world flourishes
Brownslave688
You want a toe? I can get you a toe.
You do know it’s far outperformed the market this year?
newfie
Well-Known Member
so using your example when the market took a big dip in december what did it tell you?
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