Markets Little Changed as they seek clarity on Tariffs

[bjl584]

Stock market today: Live updates

[disneysteve]

It will be interesting to see what happens once we know the details. It can't possibly be good for the market or the economy. It will be the largest peacetime tax increase in US history.

[Jluke]

This didn’t age well.

Definitely not looking good with After Hours stock prices. Wednesday April 2

[disneysteve]

This didn’t age well.

Definitely not looking good with After Hours stock prices. Wednesday April 2

As expected. Tomorrow will likely be ugly as the tax increase was even worse than anticipated. I think this will make 6 of 7 losing weeks on Wall Street.

[Jluke]

Oops

[disneysteve]

Please avoid political comments when responding

[ua_guy]

The problem will fix itself eventually. I think people just really need to feel it first.

[kork13]

The problem will fix itself eventually. I think people just really need to feel it first.

I think that's my viewpoint as well ... "This too shall pass"

Either the politicians negotiate an agreement with all of the various countries, or we'll all just get used to the higher prices for imported stuff. In any case, it'll drop out of the new cycle & fade away into the background.

I've learned not to get too worked up about the hot topics of the day.

[ua_guy]

I think that's my viewpoint as well ... "This too shall pass"

Either the politicians negotiate an agreement with all of the various countries, or we'll all just get used to the higher prices for imported stuff. In any case, it'll drop out of the new cycle & fade away into the background.

I've learned not to get too worked up about the hot topics of the day.

I think this one is going to leave a mark and isn't going away soon. Responses to our tariffs du jour are becoming punitive and lasting, as all these other countries have every right to do. I really think people need to feel this one and it needs to take some time for that to happen. Not just threats of tariffs, or on/off again tariffs, but tariffs that jack the price of a new car by an actual 25% or double the price of basic consumer goods. No, I don't want that, but it may be necessary to change some extremely misguided hearts and minds about what is actually in our economic best interests.

[disneysteve]

Expectations are that the taxes will bring on a global recession. This isn’t going away anytime soon unless he reverses course.

[LivingAlmostLarge]

We should see this tariffs through for awhile and see what happens. Maybe ever economist is wrong. Maybe the US is being terribly ripped off and maybe it rights our trade deficits. And maybe our wages go up a lot in response of the increased prices. I will be very surprised if prices of goods don't go up. Maybe eveyrone here and economists are wrong. Maybe companies will choose to not pass on the costs to the consumers and instead lower their profits or decrease the pay of the executives. Maybe the average cost of goods goes down.

I think Trump should just come out and say that tariffs are staying for 2 years or something and the rest of the world needs to deal with it. Then we'll see retalitory tariffs and companies will know what they want to do to respond to it. I'm not an economist but I am curious observer with a lot of money on the line invested to want to see what happens. I am interested in trying it out. Yes I've lost a lot of moeny but what can you do?

[ua_guy]

We should see this tariffs through for awhile and see what happens. Maybe ever economist is wrong. Maybe the US is being terribly ripped off and maybe it rights our trade deficits. And maybe our wages go up a lot in response of the increased prices. I will be very surprised if prices of goods don't go up. Maybe eveyrone here and economists are wrong. Maybe companies will choose to not pass on the costs to the consumers and instead lower their profits or decrease the pay of the executives. Maybe the average cost of goods goes down.

I think Trump should just come out and say that tariffs are staying for 2 years or something and the rest of the world needs to deal with it. Then we'll see retalitory tariffs and companies will know what they want to do to respond to it. I'm not an economist but I am curious observer with a lot of money on the line invested to want to see what happens. I am interested in trying it out. Yes I've lost a lot of moeny but what can you do?

What can you do? Use knowledge and leverage history to avoid a completely manufactured financial depression? It seems so obvious.