Wednesday, October 24, 2018
Steve’s Barking; Lose, Lose situation
As of this day the United States has more jobs then people looking for jobs ( this according to the bureau of labor statistics).
Now let’s suppose that for argument sake America wins the trade war and there is more manufacturing jobs in America, who the heck is going to do these jobs? I would imagine that a lot of orders will be unfilled especially the way we’re treating immigrants, don’t come knocking on my door.
Now suppose we keep up the tarrifs and the price of goods becomes like a helium balloon, that’s not very good for the economy now is it?
What about the MCUS treaty? The U.S. still has high tariffs on steel and aluminum, and while the amount of cars made in North America has gone up one can only imagine that those parts that needs raw steel and aluminum will be made in Canada and Mexico.
It appears from this writer’s view point are trade negotiators aren’t worth a warm bucket of spit.
Labels:
economics,
starting from a bad position,
tariffs
Thursday, October 11, 2018
Steve’s Barking ; And we have hurricanes
There were two major hurricanes in the U.S. and it would be time were insurance companies had to payoff the policy holders.
A downturn yesterday would tell the insurance companies to put money into short term government bonds.
They can’t be holding on to stock to pay their policy owners.
I don’t believe higher interest rate has much to do with today’s sell off.
Wednesday, October 10, 2018
Steve’s Barking; The Chinese syndrome ( American Stock Market)
Watching that famous news channel as the American stocks took a dive.
Now it seems like all those stock pundits gave every excuse as to what the most probable reason for the sell off.
Before turning on the tube I looked at the stations app were I saw the story that the President’s munchkin stated that the treasury
is looking into Chinese owning American Stock, especially technology stock. We can’t have the Chinese stealing our technology intellectual property.
Now if I was Chinese and held American tech shares I would be selling when the selling wad Good.
Now I do believe that the Chinese were selling their shares of tech stocks plus other shares, now who could blame them.
Of cause if you have stock on margin you would have to sell, that’s why the last hour one can see stocks slide at the end of the session.
Tuesday, October 9, 2018
Steve’s Barking; Google + Sorry to see you go
I just heard Alphabet is closing Google +. My favorite app will be know more. I wounder were I’m going to read blogs from people who are a lot smarter then me? And a lot more interesting then me.
Steve’s Barking; Riled up bases
The Republicans believe that the Kavanaugh nomination and the poor treatment(?) of him will rise up their base for the midterm elections. The Democrats think that the Kavanaugh nomination will rile up their base who normally don’t come out will.
Well the way I see it the Republican base always comes out in the midterm elections, and the democrat stays home. Both sides have got to go after those who aren’t in their base, and hope that the Kavanaugh nomination will bring out people who are pissed off to their way of thinking.
Saturday, October 6, 2018
Steve’s Barking; And so was Earl Warren
I seem to remember that the great liberal court of Earl Warren was headed by what was considered a conservative(?). And don’t forget he demanded the internment of Americans of Japanese descent in California during World War II.
But when he presided over the Supreme Court it was considered the most liberal Supreme Court in the history of America.
This brings us back to Brett Kavanaugh, maybe after all is said and done he’ll be considered a truly liberal(?) judge.
Do I believe he be a liberal judge? Nah.
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