China. So I guess Trump’s trade war is having an impact on Xi’s China. Home Depot also said in their call that their scale allows them to absorb the tariff while they wait for manufacturing to start up in SE Asia. I’m not the one saying this, listen to the CEO’s of these great American companies, Home Depot, Lowe’s, Target, etc. How can this be, Connor, Jim, Frank, Chris, ND521. So argue with them, not me.
Home Depot, Target, Wal-Mart, Lowes all crushed it. Mortgage delinquencies just hit a 16 year low. The consumer is strong. And perhaps the best bellwether of the economy - the homebuilders - are killing it.
We are long overdue for a recession, but it's still a ways off.
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Obs moving from China to other pacific rim countries don’t really help the American Worker.
any President in my lifetime.
In response, Democrats and the conservative establishment (WSJ Op-Ed page in particular) either hope he fails or minimizes the effort.
He's putting his re-election on the line to better our country.
I keep hearing he's trash.
Don't see it.
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He thought they would fold and give him a face saving triumph to cruise to re election. Bad fuck up.
It is sad it takes such a blubbering narcissist to do anything about China while our politicians have sat on their ass and let our industrial base be shipped offshore.
Politicians are called courageous when they do something that appears to disfavor their election... which almost never happens. I do recall when Mario Cuomo opposed the death penalty even though the majority favored it. I admired that, but I cannot think of any other profiles in political courage since.
No courage there. He also made a bad bet.
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And he does it before his re-election.
It may be the necessary move on facts alone, but it's also courageous bc it puts his re-election at risk.
Trump tariffs. Don’t trust me listen to the quarterly result tele conferences. No the bubble boys in this group would rather read a writer who has never signed the front of a payroll check. Look at the returns on the quarter for US companies. The media are pushing the narrative that we are going into a recession. Tell that to company CEO’s.
Problem is consumers are getting tapped out. Look at credit card debt and bankruptcies. Or, just continue to drink the Orange juice.
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that goes.
Even if we had a competent leader, the bidness cycle alone suggests either a recession or very slow growth.
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It’s also a cyclical thing.
Also real wages are up 3% not much but better than Obama ever did. And full employment. Stop twisting the data to serve your anti Orange agenda. I say repeatedly to you tell the truth. Not like you wish it were.
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Again, why the sudden bankruptcy jump?
Stay in yer corner for a change.
Hurt US retailers. Explain why you were wrong.
You can only live outside your means on credit cards for so long.
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The lawyers handling that stuff are salivating. When that happens my attention is piqued.
Any president.
Unlike you bots, who worship a moron, I look at the situation at hand. Have tariffs caused the slow down? Likely not. Have they contributed to it. Likely yes. It’s called the business cycle and they happen in that cycle.
their means. I said it at the time. Bailing out the banks simply made them more emboldened to hand out credit like jelly beans.
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Link: https://nypost.com/2019/08/11/bankruptcy-filings-rising-across-the-country-and-it-could-get-worse/