We all have to hope that the stock market is no longer a leading indicator

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 11:01 am on Dec 6, 2018

Maybe this is still a healthy correction, and not the first sign of coming recession. But jeez.

This detention of the Huawei exec could be a rather major escalation...the Chinese may well see it as an insult to their honor. I don't really understand how the United States has jurisdiction here...presumably she can't be charged for violating US laws, because she is a Chinese national not covered by the sanctions. It doesn't make sense, based on what we know so far.


Replies to: We all have to hope that the stock market is no longer a leading indicator


Thread Level: 2

It is a little breathtaking but I think when the fundamental issues with China get solved it

Author: THEISMANCARR (8860 Posts - Joined: Aug 10, 2007)

Posted at 3:33 pm on Dec 6, 2018

will take off. As for Employment/unemployment that still appears strong, though from what I have read the millenniels are not doing well employment wise, the theory being that they are coming out of school not as well prepared as in the past. One thing they do seem to do when hired is put money away more than so many did not do before them.

Thread Level: 2

The detention is an indicator. Seems Trump's determined to make U.S. win 5G race

Author: Eli (3596 Posts - Original UHND Member)

Posted at 3:12 pm on Dec 6, 2018

4G network is such a disappointment in U.S. If comparing to south Korea's internet speed, we're the 3rd world country. We had a big improvement/jump in 2017, advanced to #10 in the world. But we're still much slower than south Korea's internet speed.

5G is another priority of Trump admin that I'm sure you never heard since your focus is always on fake news stuff.


This message has been edited 1 time(s).

Thread Level: 3

Narrator: Of course, Trump has no idea what 4G or 5G are.

Author: LanceHarbor (12506 Posts - Original UHND Member)

Posted at 6:26 pm on Dec 6, 2018

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Thread Level: 4

He's now going to skip to 6G...just to show the Narrator.

Author: TakethetrainKnute (15169 Posts - Original UHND Member)

Posted at 9:29 am on Dec 7, 2018

Trump does know that 5G will get his 3 am tweets out even faster. So there...

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Thread Level: 4

But he knows 5 is more bigly than 4 so he’s for it.

Author: Frank L (30974 Posts - Joined: Sep 20, 2007)

Posted at 6:36 pm on Dec 6, 2018

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This message has been edited 1 time(s).

Thread Level: 3

What started to look like a rare not-stupid post marred by a stupid final paragraph.

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 4:41 pm on Dec 6, 2018

(no message)

Thread Level: 4

Trump's obsession with 5G is true. Your obsession with fake news is true. All my paragraphs are true

Author: Eli (3596 Posts - Original UHND Member)

Posted at 7:14 pm on Dec 6, 2018

(no message)

Thread Level: 5

Thanks Big Brother. We all love you.

Author: Frank L (30974 Posts - Joined: Sep 20, 2007)

Posted at 8:03 pm on Dec 6, 2018

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Thread Level: 2

Re: Huawei, there is something big going on here.

Author: Iggle (4952 Posts - Joined: Sep 14, 2007)

Posted at 12:14 pm on Dec 6, 2018

The U.K., NZ, and Australia recently announced they will pull all Huawei equipment from 5G networks. Canada actually arrested this woman (at our request). She is subject to an extradition hearing there before being sent here. But, they are not dopes. I’m sure they considered this very carefully before granting the request. Has big implications for Canadian foreign policy, too.

Check out this article on Chinese server motherboards. Not directly related to Huawei, but intelligence services have been warning about Huawei phones for months.


Link: https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies

Thread Level: 3

Apple firmly denied that report

Author: Nigel Tufnel (3965 Posts - Original UHND Member)

Posted at 12:44 pm on Dec 6, 2018

Believe what you wish.....

Link: Apple retort

Thread Level: 3

Yes, something certainly appears to be in the works

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 12:28 pm on Dec 6, 2018

Arresting the head honcho's daughter is not something done on a whim, one would think.

Thread Level: 2

The yield curve flattening is probably as big a factor

Author: Curly1918 (1768 Posts - Joined: Aug 30, 2017)

Posted at 11:48 am on Dec 6, 2018
Thread Level: 3

The yield curve inversion is absolutely the underlying reason investors are reacting

Author: BaronVonZemo (21564 Posts - Joined: Nov 19, 2010)

Posted at 1:43 pm on Dec 6, 2018

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Thread Level: 2

You have no idea what evidence the DOJ has; instead you have ideology that says the gal is innocent.

Author: iairishcheeks (8919 Posts - Original UHND Member)

Posted at 11:09 am on Dec 6, 2018

Heh.

Thread Level: 3

Is Chris colluding with China?

Author: TakethetrainKnute (15169 Posts - Original UHND Member)

Posted at 12:20 pm on Dec 6, 2018

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Thread Level: 4

No collusion!

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 12:23 pm on Dec 6, 2018

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Thread Level: 5

Save it for the military tribunal!

Author: NedoftheHill (20498 Posts - Joined: Jun 29, 2011)

Posted at 3:09 pm on Dec 6, 2018

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Thread Level: 3

we know the market is down approximately 1200 points in the

Author: irishscooter (4857 Posts - Joined: Oct 1, 2008)

Posted at 11:17 am on Dec 6, 2018

Two trading days and that Trumpo’s blatant lies about a deal with China are at least partially to blame as well as his terrible tariff policy.

What’s next ? Many seem to think Trumpo has fucked up our energy policy and the price of oil will increase.

A good strategy seems to be to figure out how to invest in the opposite of whatever Trumpo targets or tweets about.


Thread Level: 4

Someone needs to do something about China

Author: Hank Scorpio (5729 Posts - Original UHND Member)

Posted at 1:21 pm on Dec 6, 2018

Ignoring the problem, as Obama and GWB did, or getting paid by them such as Clinton did is not working. They are stealing technology, hollowing out our economy, and refusing to open their market to foreign competitors. Trump may be a grade A moron, but this is one of the few topics he is correct on.

Thread Level: 4

If Trump doesn't bankrupt this country before he leaves office, I'll be stunned.

Author: AlbanyIRISH (19529 Posts - Original UHND Member)

Posted at 12:17 pm on Dec 6, 2018

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Thread Level: 5

Worried about deficit spending, are you? You guys crack me up.

Author: NedoftheHill (20498 Posts - Joined: Jun 29, 2011)

Posted at 3:10 pm on Dec 6, 2018

(no message)

Thread Level: 4

Did you give Trump credit when the market was rising?

Author: iairishcheeks (8919 Posts - Original UHND Member)

Posted at 11:25 am on Dec 6, 2018

Sure, the market is speculative and on a day to day basis reacts to the news of the day. But it isn't the President's job to buoy the stock market and over the long haul, presidents have a limited and very indirect effect on stock markets and the economy broadly.

Thread Level: 5

No, I shorted it. I don’t give Trumpo credit for much. I do give him credit

Author: irishscooter (4857 Posts - Joined: Oct 1, 2008)

Posted at 11:34 am on Dec 6, 2018

For being able to out cheat, and out fraud, HRC to “win” the Presidency so he could out loot the office even more than the Clintons

Thread Level: 6

You shorted the market when it was rising?

Author: iairishcheeks (8919 Posts - Original UHND Member)

Posted at 11:43 am on Dec 6, 2018

No wonder you're so upset. But Trump has little to do with the market rising or falling.

But yes, Trump is a better scam artist than the Clintons a point that is irrelevant to this discussion.


Thread Level: 7

Not true - Presidential decisions can have immediate effects on the stock market

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 11:44 am on Dec 6, 2018

Especially in the short term.

They have less influence on the broader economy, which is much more complex. They always take credit for good times and blame others in bad times...but the truth is that the business cycles is more powerful than the president.


Thread Level: 8

Short term, I already said that.

Author: iairishcheeks (8919 Posts - Original UHND Member)

Posted at 11:47 am on Dec 6, 2018

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Thread Level: 3

You'll note I didn't say she was innocent, didn't imply some sort of Deep State conspiracy...

Author: Chris94 (20222 Posts - Original UHND Member)

Posted at 11:12 am on Dec 6, 2018

....didn't imply this was all political, didn't doubt the system.

I just said that, based on what we know so far, it makes no sense. There has to be more to it, and we will find out soon.


Thread Level: 4

Pretty naive to think that prosecutorial aggression and discretion aren't often political.

Author: iairishcheeks (8919 Posts - Original UHND Member)

Posted at 11:18 am on Dec 6, 2018

I mean, just look at the Epstein thing from a few days ago.