Australian (ASX) Stock Market Forum

Trump Era 2025-2029 : Stock and Economic Comment

I remember in the early nineties. Westpac came close to insolvency. Just remember they are highly geared investments.
and it wasn't the first time although under previous names

i wouldn't mind the name changes so much if the company started stumbling less

was that the nineties when a Mr. Skase persuaded them to be less diligent or was that the time before

i bought into WBC bank in 2011 thinking Ms. Kelly would change the corporate trend into poor decisions .. while i didn't lose capital over the time i held a reasonable holding , WBC didn't shoot any lights out either

i still hold a few WBC as a result of a messy exit
 
Being reported in parts of the conservative press that tomorrow's announcement will be possibly the highest tax increase in history and with no offsets.

I'm not sure what the expectations are but if they are exceeded, could be a Stockmarket bloodbath tomorrow.
 
Gold is continuing to soar guys ;)
The pattern over more trading sessions than not is for the Asian markets , Australia and Hong Kong to move it up and the London market to profit take, making it pullback. Overall though definitely a bull market with $3150 in the headlights.

However, after The Bald Emperor attempts to blow up global trade on Wed. NY time AEST -14 there very well may be a correction contrary to popular opinion, so best be prepared for the unexpected. I've stopped adding anyway, but you never know with Musk and Vance pushing the old boy what could be in his measures for Liberation of billionaires in the USA.

Then there is Palestine/Iran/Ukraine/Israel ... all the makings of another 9/11. My wallet with a mixture of $AUD, $USD and $SGD is firmly shut. The only thing I'll be buying is at Coles. What the three Musk-Ateers don't realise is that the world is a much more complicated place than in 1945 and the USA cannot control everything.

Prepare for chaos which in the end is always good for gold.

gg
 
China is screwed with these tariffs, like screwed screwed. Even if they devalue their dollar I don't seem them doing well.
I suppose they can mark up goods for now, offshore, drop their tariffs. All of those still come with problems.

Didn't the US do something similar to Japan just before ww2?
 
China is screwed with these tariffs, like screwed screwed. Even if they devalue their dollar I don't seem them doing well.
I suppose they can mark up goods for now, offshore, drop their tariffs.

Didn't the US do something similar to Japan just before ww2?
China will simply sell elsewhere , plenty of Asians and Africans without fancy gizmos

let's see if China will sell and accept gold( or silver ) as payment

yes they did similar to WW2 but Japan didn't have Russia as a major bilateral trading partner

if anything is screwed it is US treasuries , as international trading partners will have less to park in USD
 
They could subsidise 10-20% tariffs but this 54% (is that figure right?) would hit them hard.
I've noticed China trying to woo the US public through paying US influencers

Oh fun fact the list of tariffs on the "official list" that other countries are supposedly charging the US is a lie. Trump has fudged the numbers.
 
I suppose Trump thought the tariffs seemed to be a good idea at the time. The market appears to disagree at the moment.

S&P 500 futures were down 3.6% in recent trading, while Nasdaq 100 futures tumbled 4.5%. Dow futures were off 2.4%, equivalent to a drop of 1,000 points.

Big-name technology stocks fell sharply in extended trading, with Apple (AAPL) sliding 7%, while Amazon (AMZN) and Tesla (TSLA) each declined about 6% and Nvidia (NVDA) fell nearly 5%. Nike (NKE) and Walmart (WMT) retreated 7% and 6%, respectively.


 
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