China ain't taking America's shit anymore, that's what happened.
After the Fed's cut and Trump's tariff hike threat (when he said that he wouldn't) and with the mass shootings dominating American politics, they fucking ran with it.
Haha at least galt cuckholders weren't the only ones getting bogged today
Lincoln Powell
As soon as Jerome announces some special currency manipulation of our own... Still no You will continue to see a shitstorm for the rest of the week. Sit tight and relax. Eventually things will stabilize. Wait to see what Jerome decides, Trump is turning up the heat but our man Powell is still in the driver's seat
Landon Adams
It'll get there by Wednesday this is nothing more than price action and market noise.
David Gomez
If I can buy GALT under $3 I just might
And China would still be bleeding us dry, sure Long term strength > short term index levels r_tard
Nolan Ross
I HURT MYSELF TODAY
Chase Edwards
I guess good thing I sold Tyson?
They're HUGE components of the S&P, and people are panicking today. Selling their index funds and ETFs, taking profits after 10 years of blessed bull. There is legit uncertainty, we're officially in a trade war, but this is a straight up panic.
They're actually just cuckholds when they're the ones being cucked.
I just read an article that today was the worst day for the market all year, that means tomorrow will be better and we'll get back to business by lunch tomorrow. This is nothing more than market manipulation and a clear opportunity for cheapies.
Jackson Wilson
we are going down another 2-3% tomorrow at open. BOBO stop toying with us.
Brayden King
I doubt that, with the currency manipulation charge in place, China has no choice now but to return the yuan to status quo or face further consequences and they aren’t ready to Samson option just yet, I think we go sideways finally for a day or two and finish green Thursday the bleeding will continue but only on garbage stocks that are overpriced and were already seeing it happen On the other hand, China could say fuck you fed but they would be deliberately sacrificing themselves for no reason other than fuck US and that would plunge them into the LITERAL DARK AGES which could open up a powder keg and someone assassinates someone Big news could be game changing
Jaxson Adams
HAHAHAHAHA, have you seen the after market blood bath from the currency manipulator designation?
Nathaniel Scott
So should I be liquidating all my index funds and buying gold yet?
Sebastian Bennett
FUUUUUUCK I'M REALLY BAGHOLDING NOW!
th-the smelliot wavves?!
A green opening right now would ABSOLUTELY be a sell-off signal.
They've been doing that for years. What's the big deal?
Liam Price
should my dad buy BABA tomorrow? dont feel like learning about stocks
Michael Reed
because those years the administration couldn't prove it so they did not officially designate them a manipulator. now the gloves are off and they aren't even investigating, they went straight for the designation, which comes with penalties.
Levi Lee
my electric waves. Ive murdered many anons from smg with this
Jace Collins
Great depression 2.0 is here. But gold you idiot.
Anthony Wilson
CHECKED SATAN IS CRASHING THE MARKET WITH NO SURVIVORS EEEEEEEK
P-plz don't kill me just because I ask stupid questions, plan on stealing RKG from you, and don't like MMM's exposure to China...
Sans blague
That's more money than I make in a week!
Robert Gutierrez
I wish Degiro offered a decent gold etf in my shit country g*d damn it
Dylan Smith
Meant to say China and autos
>That OC Lou Dobbs?
Parker Rogers
the penalties associated with it are minimal but it is having a huge psychological effect on the market right now. and on a side note it's hilarious that after 3 years of investigations and finding nothing, all it takes is one bad day without any investigations to label them a currency manipulator. this administration is ridiculous.
Joseph Miller
Selling my 500 dollars in index funds just to buy again once the sell-off ends :^)
Hey we will see what happens. I'm still trying to get it all straight now. The treasury announcement has some language about the IMF and the G20 but I don't think we want to wait for them to do something
Imagine still being in boomer markets in august 2019. If you're not shorting every stock right now and putting 100% of your profits into bitcoin, you are a sub 20 iq nigger.
Joseph Morales
AAAAAAAAAAAA AÀAAAAAAAAAAAAAA AAAAAAAAAA also your ID looks like it says "dicckwad" hehe
Nathan Clark
>mfw entire portfolio is silver stocks >mfw this thread
I'm voting democrat this year. Bleeding heart liberal mode has been activated. I now support obscure women's body positivity groups, the chinese social credit system as a champion of social justice, taking pictures of my now new morning ritual of purchasing a venti latte w/ foam art, and rephrasing jordon peterson arguments as vile antisemetic strawmans.
Bentley Reyes
Being labelled as a currency manipulator mean American government labelled the country as making gains from America by manipulating exchange rate. So it mean a further deterioration in bilateral trade relationship. China have spent years trying to avoid being labelled as such.
S&P futures found support now and not even down 1%. I don't hear any boomers compaining that they can't retire. Clearly there's no reason to panic and the market will rally. It's going to be business as usual tomorrow. New ATHs this week.
Henry Richardson
You will have to wait until next year (not this year) to properly worship our moon goddess, mother Marianne Also make sure to do your yoga and mindfulness routines and join a bookclub and travel to exotic locations.
Xavier Mitchell
>rephrasing jordon peterson arguments as vile antisemetic strawmans. >Right says he's a jew shill >left says he's a Nazi Sounds pretty based to me. Left and Right are retards.
John Diaz
The only reason the penalties are ‘minimal’ is because we dismantled OPIC during the tianaman square massacre lol now I wonder what plug we’ll pull next to cut more funding off from China I mean seriously both US and China are just sitting on their own swords right now no one is hurting the other but themselves it’s a fucking circus someone kill one of these two already PLEASE
Sebastian Ramirez
Fuck I hate it when Twitter "influencers" don't give sources.
Makes perfect sense though, but you don't want to hear it coming from a permabull like zerohedge.
Logan Cruz
not a single deep state faggot in jail. foreign policy a shambles. no wall. recession or depression. total loss.
What is the worst Twitter spat that you can imagine? That's how bad it will get Then China will invade HK and TW to blow off steam, a bunch of them will starve, all our cheap stuff will get made in Vietnam and our electronics in korea, and SPY continues marching towards 400
Wait wait, so the tariffs LEGALLY can’t happen? And China just showed off they can manipulate their currency at whim in front of the fed? Hmmmmm something Oahu here
Isaac Gonzalez
it's an agreement, not a legally binding document.
Dominic White
I have a limit that I'm going to buy (more) at, but I'm hoping it goes down just a little bit more since I'll be able to get more shares from it. I wouldn't say I'm "new" to this, more "inexperienced". This isn't for me doing any day trading, it's for a long(ish) term investment that I need to get more shares of to maximize gains.
Caleb Bell
What would $10 in an index fund invested in the NYSE in 1790 be worth today?
China has no ground to stand on. They will totally get assraped in a drawn out trade war. They're 100% banking on Trump getting btfo in 2020 and the Dem cuck replacing him going back to letting them fleece our country.
It's not going to work and America will emerge much stronger. China meanwhile is finished.
Kayden Jenkins
Tant pis c'est la vie
Alexander Hernandez
No, that agreement at Osaka G20 was only a vocal one, and as far as I can tell America and China each have different interpretation on what have been agreed at Osaka.
There were only certain shares traded at the start. Remember, US and NYC population was still low. Imagine the beginning of an RTS or city building game > The Bank of North America along with the First Bank of the United States and the Bank of New York were the first shares traded on the New York Stock Exchange
If it's going to hold, it's going to hold at June 3rd levels (2750). After that, there is resistance at 2650. After that it's December 24th levels at 2350.
The Fed will be scrambling to intervene publically at 2650 or 2350.
America is genius. There is a reason for all of this. Trump is downplayed and has been this entire time just to JUST China, our only real rival left in the world. All the polls all the bulshit fake news media. In reality everyone loves trumps and hates china but on the face China thinks it looks like they could have an edge on public persuasion.
Luke Stewart
HAHAHAHA 65% of traders think there will be a 175-200bip cut, 35% think it 150-175.
