Posted by firehawk > 2019-08-24 09:56 | Report Abuse

After markets closed in New York, Trump tweeted the United States would raise tariffs on $250 billion worth of Chinese imports to 30% from 25% beginning Oct. 1.

"Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%," he wrote.


Trade war upgraded .. share markets bloodbath ahead .....

Posted by jellyfish > 2019-08-24 10:00 | Report Abuse

its time to leave the market or reduce position, i am now 95% cash after selling last week

Posted by qqq3 > 2019-08-24 11:09 | Report Abuse

Stocks, the dollar and oil prices fell on Friday while safe havens rose ...............................for the first time, the dollar is no longer viewed as safe haven

Posted by qqq3 > 2019-08-24 11:19 | Report Abuse

two steps back one step forward...wall street will find a way to give it a good spin...."its just negotiating ".....but the direction is clear from 2 years ago............its boiling a frog......

Posted by 7300 > 2019-08-24 11:28 | Report Abuse

Maddump prevent n camouflage devaluation of USD to make citizens live n feel great. Even after the addictions of QE meant for local expansion caused more incompetitiveness, with more havoc outflows.

Now imposing more tariffs indirectly to punish own citizens causing inflations as excuse to blame on China n developing countries from further flourishing by distorting free economy.

Maddump is mad but not too stupid on personal interest,just love to ride unfinished donkies on bed as great businessman deal for the rich.

What are played still back fired. Xi has too many ready weapons, can devalue yuan further.Any coughs can cause many fevers. Maddump hoping to see n put blame on.

The shows goes on as before.

Posted by Junichiro > 2019-08-25 23:14 | Report Abuse

A triple zig-zag for Dow Jones:-

https://invst.ly/bw7kz