What are you buying today?

[Spekulatius]

7 hours ago, Paarslaars said:

While that only impacts export to.US, we don't really know what Trump is going to do here. Let's not forget he is president because people want to see things cheaper again... Making all imports more expensive is not going to get him there.

 

In any case I do believe the chinese goverment is not just going to roll over in that case.

No, they are going to put tariffs on agricultural goods and a few other things.

 

The problem the Chinese have is that they export so much more than they import that anything they do to counter tariffs can’t reciprocate.

 

If you look Mr Market seems to anticipate this scenario already, because agricultural good related business have not participated in the Trump rally at all.

 

FWIW, Farmers vote for Trump, but it’s likely that his policies are not good for them at all. This is nothing new, same was the case in 2016.

Edited Saturday at 12:36 PM by Spekulatius

[Paarslaars]

I was making the assumption that when China is affected by tarrifs, the goverment will support the businesses even if it temporarily makes them take a hit. After all China has a long term plan while they US looks at the next 4 years, after that the tarrifs are likely gone.

[KPO]

1 hour ago, Spekulatius said:

No, they are going to put tariffs on agricultural goods and a few other things.

 

The problem the Chinese have is that they export so much more than they import that anything they do to counter tariffs can’t reciprocate.

 

If you look Mr Market seems to anticipate this scenario already, because agricultural good related business have not participated in the Trump rally at all.

 

FWIW, Farmers vote for Trump, but it’s likely that his policies are not good for them at all. This is nothing new, same was the case in 2016.

Trump tax policy is somewhat of an offsetting positive for farmers, particularly the higher estate tax exemption under the 2017 tax cut & jobs act. It made transferring family farms possible without raising significant money for the tax bill or outright requiring liquidation to meet the tax bill. Double (and in many cases triple) taxation at its finest. 

[Spekulatius]

23 minutes ago, KPO said:

Trump tax policy is somewhat of an offsetting positive for farmers, particularly the higher estate tax exemption under the 2017 tax cut & jobs act. It made transferring family farms possible without raising significant money for the tax bill or outright requiring liquidation to meet the tax bill. Double (and in many cases triple) taxation at its finest. 

Thanks. I wasn’t aware of this. This was kept as is by democrats and I don‘t think there was an intent to change it.

[Spekulatius]

1 hour ago, Paarslaars said:

I was making the assumption that when China is affected by tarrifs, the goverment will support the businesses even if it temporarily makes them take a hit. After all China has a long term plan while they US looks at the next 4 years, after that the tarrifs are likely gone.

I think any stimulus is likely go toward individuals and smaller business. Xi Jinping doesn’t have much of a track record helping large business, except some state controlled industries or those that fit his economic agenda.

 

I don’t see Temu working well in the US going forward but that’s perhaps already priced in.

Edited Saturday at 03:13 PM by Spekulatius

[Spekulatius]

I added to APA and BP. These valuation of these energy shitcos is too cheap resist. I think BP will sooner or later move to the US and become US Petroleum

[KPO]

2 hours ago, Spekulatius said:

Thanks. I wasn’t aware of this. This was kept as is by democrats and I don‘t think there was an intent to change it.

It naturally rolls back to pre-2017 levels after 2025, so the hope is this will get extended along with the lower tax rates, accelerated depreciation and other features of the original act. 

[mananainvesting]

Added to $HDB

[giulio]

Small add PRM

[rkbabang]

It's looking like I'll be buying more MSGE for $40 this Friday.  I had been writing MSGE puts lately and I wrote some $40 Nov 15 puts a few weeks ago and got $1.04 for them.  So I'll be paying $38.96 for my shares. Not too bad.  Especially because I've been selling puts for a few months which didn't get exercised. 

[Ross812]

Doubled my CNC position (now a 1.5% position) today at the 52 week low.