Getty Images and AARP present the Disrupt Aging Collection, a searchable photo collection that redefines what it means to get older. Take a look.

Reply
Valued Social Butterfly
1
Kudos
168
Views

Re: Stock market jumps on US-EU trade optimism

168 Views
Message 61 of 72

@john258 wrote:

@jimc91 wrote:

Trump, EU agree to work on lowering tariffs, averting a potential trade war

  • President Donald Trump on Wednesday announced that he had secured concessions from Europe, averting a potential trade war.
  • The Dow Jones Industrial Average popped Wednesday afternoon, rising more than half a percent on the news.
  • The Europeans agreed to lower industrial tariffs and import more U.S. soybeans.

U.S. stocks rallied Wednesday, erasing earlier losses, after President Trump and European officials met in Washington for trade talks.

 

The Dow Jones Industrial Average jumped 172.16 points, or 0.68%, to 25,414.10. The S&P 500 gained 25.67 points to close at 2,846.07. The Nasdaq Composite was up 91.47 points at 7,932.24.

 

Trump welcomed Jean-Claude Juncker and Cecilia Malmstrom at the White House on Wednesday afternoon to discuss tariffs between the U.S. and European Union. In an unexpected announcement after the meeting, Trump announced that the U.S. and EU agreed to work toward zero tariffs and zero subsidies on non-auto industrial goods and avoid any new tariffs while talks are ongoing. Trump had threatened to slap tariffs on European car imports.

 

The EU also agreed to buy more U.S. soybeans, while the U.S. will work toward resolving tariffs recently imposed on European steel and aluminum.

 

“The catalyst to unleashing a higher multiple could be the removal of the trade war fears, but today is just the first step,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.

 

“Going forward, negotiations with Mexico and Canada will be very important, and the 800 pound gorilla in the room is China, which also serves as the Trump administration’s most difficult challenge.”

 

Earlier Wednesday, Trump said he “hopes to work out a fair and reciprocal trade deal between the U.S. and Europe." Junker told reporters as he sat down with Trump that Europe and the United States were allies and “needed to work together.”

 

Also ahead of the meeting, Larry Kudlow, a top economic adviser to President Trump, was upbeat that both sides could come to a decision that avoids a trade war.

 

“They have a positive attitude going into this. Our team has a positive attitude,” Kudlow said on Fox News’ “Fox & Friends” Wednesday morning. He also called the meeting “absolutely crucial.”

 

Trump has threated up to a 25% tariff on European cars and parts and the EU said it would retaliate by slapping tariffs on $20 billion worth of U.S. goods.

 

Wednesday is a busy day for corporate earnings reports. Results have already been released by companies including Boeing, General Motors, Coca-Cola and UPS. Facebook will report its latest quarterly results after the closing bell.

 

READ MORE:  https://www.foxbusiness.com/markets/stock-futures-cautious-ahead-of-earnings-tariff-meeting

 

++++++++++++++++++++++++++++++++++++++

 

Winning again...

 

 


No it is really surrendering again by Dictator Trump. Polls out today show Dictator Trump now under water in states that gave him his electoral win.He would loose the electoral college if the election was held today. There has been strong opposition from all sectors of our businesses against the Tariffs on auto as there are about 40% average foreign parts in every car made in the US so car prices would go way up, and there would be a lot of US job losses. Trump backs down and as the statement tells us nothing new will happen, but tariffs in place will stay for now. Dictator Trump will back down on them to as we are seeing the price increases are starting to hit, and businesses in the US are being hurt and some laying off people. In the end we will be back to where we were before with what I think will be some improvements that were being worked on before Dictator Trump messed it all up. Our enablers understand nothing about this subject but just post what they are told to be their leaders. The enablers are the most dangerous group of people in the US and all thinking people should oppose Dictator Trump and them. Do not bet on the soy beans purchase. If China stops buying from us and the price tanks further yes they buy for cheap price and no other place to buy as the other places are selling to China. 


https://www.realclearpolitics.com/video/2018/07/25/president_trump_makes_trade_announcement_with_ec_...

Report Inappropriate Content
1
Kudos
168
Views
Valued Social Butterfly
2
Kudos
194
Views

Re: Stock market jumps on US-EU trade optimism

194 Views
Message 62 of 72

@jimc91 wrote:

Trump, EU agree to work on lowering tariffs, averting a potential trade war

  • President Donald Trump on Wednesday announced that he had secured concessions from Europe, averting a potential trade war.
  • The Dow Jones Industrial Average popped Wednesday afternoon, rising more than half a percent on the news.
  • The Europeans agreed to lower industrial tariffs and import more U.S. soybeans.

U.S. stocks rallied Wednesday, erasing earlier losses, after President Trump and European officials met in Washington for trade talks.

 

The Dow Jones Industrial Average jumped 172.16 points, or 0.68%, to 25,414.10. The S&P 500 gained 25.67 points to close at 2,846.07. The Nasdaq Composite was up 91.47 points at 7,932.24.

 

Trump welcomed Jean-Claude Juncker and Cecilia Malmstrom at the White House on Wednesday afternoon to discuss tariffs between the U.S. and European Union. In an unexpected announcement after the meeting, Trump announced that the U.S. and EU agreed to work toward zero tariffs and zero subsidies on non-auto industrial goods and avoid any new tariffs while talks are ongoing. Trump had threatened to slap tariffs on European car imports.

 

The EU also agreed to buy more U.S. soybeans, while the U.S. will work toward resolving tariffs recently imposed on European steel and aluminum.

 

“The catalyst to unleashing a higher multiple could be the removal of the trade war fears, but today is just the first step,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.

 

“Going forward, negotiations with Mexico and Canada will be very important, and the 800 pound gorilla in the room is China, which also serves as the Trump administration’s most difficult challenge.”

 

Earlier Wednesday, Trump said he “hopes to work out a fair and reciprocal trade deal between the U.S. and Europe." Junker told reporters as he sat down with Trump that Europe and the United States were allies and “needed to work together.”

 

Also ahead of the meeting, Larry Kudlow, a top economic adviser to President Trump, was upbeat that both sides could come to a decision that avoids a trade war.

 

“They have a positive attitude going into this. Our team has a positive attitude,” Kudlow said on Fox News’ “Fox & Friends” Wednesday morning. He also called the meeting “absolutely crucial.”

 

Trump has threated up to a 25% tariff on European cars and parts and the EU said it would retaliate by slapping tariffs on $20 billion worth of U.S. goods.

 

Wednesday is a busy day for corporate earnings reports. Results have already been released by companies including Boeing, General Motors, Coca-Cola and UPS. Facebook will report its latest quarterly results after the closing bell.

 

READ MORE:  https://www.foxbusiness.com/markets/stock-futures-cautious-ahead-of-earnings-tariff-meeting

 

++++++++++++++++++++++++++++++++++++++

 

Winning again...

 

 


No it is really surrendering again by Dictator Trump. Polls out today show Dictator Trump now under water in states that gave him his electoral win.He would loose the electoral college if the election was held today. There has been strong opposition from all sectors of our businesses against the Tariffs on auto as there are about 40% average foreign parts in every car made in the US so car prices would go way up, and there would be a lot of US job losses. Trump backs down and as the statement tells us nothing new will happen, but tariffs in place will stay for now. Dictator Trump will back down on them to as we are seeing the price increases are starting to hit, and businesses in the US are being hurt and some laying off people. In the end we will be back to where we were before with what I think will be some improvements that were being worked on before Dictator Trump messed it all up. Our enablers understand nothing about this subject but just post what they are told to be their leaders. The enablers are the most dangerous group of people in the US and all thinking people should oppose Dictator Trump and them. Do not bet on the soy beans purchase. If China stops buying from us and the price tanks further yes they buy for cheap price and no other place to buy as the other places are selling to China. 

Report Inappropriate Content
2
Kudos
194
Views
Highlighted
Treasured Social Butterfly
4
Kudos
207
Views

Re: Stock market jumps on US-EU trade optimism

207 Views
Message 63 of 72

Breaking News - Never mind I did the research - here is what the EU & Trump agreed upon 

 

No new Tariffs increases or decreases from today forward - all Trumps & the EU's current Tariffs remain in place 

 

Shows how fickle the Ponzi Market really is - nothing really happens except for blubbering and the Market reacts 

 

Let's see where it is a month from now

 

Manafort Trial starts next week - more revelations due from Cohen - oh BTW there are now more than a 100 Cohen tapes in Federal Custody - Russian Spy Maria Butina is cooperating with the Feds already in South Dakota and will probably flip in Washington case

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
4
Kudos
207
Views
Valued Social Butterfly
1
Kudos
192
Views

Re: Stock market jumps on US-EU trade optimism

192 Views
Message 64 of 72

I’m with you Mick, where is a signed agreement? I watched some of their joint conference, speaking and trump said, “we agreed to work towards an agreement”...papers please! No guarantees here. 

Same as Singapore, same as Helsinki, his talks go so poorly and he no good objectives, so he has meetings in secret, or totally misrepresents the facts. 

Lies again, and again, and again...

What are his supporters going to do when all of trump’s policies come home to roost, and the stock market takes a dive? Not if, just when...do they pay attention to cycles, and bad policies when both collide?

Report Inappropriate Content
1
Kudos
192
Views
Treasured Social Butterfly
0
Kudos
197
Views

Re: Stock market jumps on US-EU trade optimism

197 Views
Message 65 of 72

How about that?  Trump stops acting like an economically ignorant moron and the market responds. 

Report Inappropriate Content
0
Kudos
197
Views
Treasured Social Butterfly
1
Kudos
199
Views

Re: Stock market jumps on US-EU trade optimism

199 Views
Message 66 of 72

Less than 40 % of Americans have any relationship to the Stock Market but we all buy Gasoline & Heating oil - up $1.00 gallon since trump 

 

We all buy Cars & Trucks - prices up 25% due to Trump Tariffs 

 

Stock Market is a Ponzi Scheme that is if no value to Seniors on fixed income - the working poor - the Middle Class 

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
1
Kudos
199
Views
Treasured Social Butterfly
1
Kudos
203
Views

Re: Stock market jumps on US-EU trade optimism

203 Views
Message 67 of 72

Another Meaningless Photo OP with absolutely no formal signed agreements - just like with North Korea - Russia - G7 - NATO - etc etc etc 

 

Come back when you can provide some substance 

 

Trump standing on a Soap Box making statements with absolutely no supporting documentation as we've seen over & over & over is meaningless

 

Another Example of Trump creating a problem where none previously existed - and then offering meaningless rhetoric as the Solution 

 

This EU Issue is one of his own making - he got no signed commitment for anything 

 

If he did please provide a copy so Americans can review it

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

Report Inappropriate Content
1
Kudos
203
Views
Valued Social Butterfly
2
Kudos
203
Views

Re: Stock market jumps on US-EU trade optimism

203 Views
Message 68 of 72

Now all Trump has to do is back down on the tariffs to China as he did with EU.  As Republcian lawmakers pressure him to do.  Now If you listen to FOX News, Trump made a great deal.  Like the one no one knows about in Helsinki.

Report Inappropriate Content
2
Kudos
203
Views
Valued Social Butterfly
0
Kudos
199
Views

Re: Stock market jumps on US-EU trade optimism

199 Views
Message 69 of 72

@jimc91 wrote:

Screen Shot 2018-07-25 at 7.52.46 PM.png

 

 


You do not have to be Irish to see a lot of green since Trumps’ been elected.

You don’t hear the libs talking much about the economy, 

 

Report Inappropriate Content
0
Kudos
199
Views
Treasured Social Butterfly
1
Kudos
201
Views

Re: Stock market jumps on US-EU trade optimism

201 Views
Message 70 of 72

Screen Shot 2018-07-25 at 7.52.46 PM.png

 

 

VIMTSTL
Report Inappropriate Content
1
Kudos
201
Views
cancel
Showing results for 
Search instead for 
Did you mean: 
Users
Announcements

Are you new to the online community? Say Hi and tell us a bit about yourself, your interests, and how we can help make this community a great experience for you!


close-up group of seniors smiling at camera

Top Authors