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‘Shark Tank’ Star: Ignore Media’s Trump Hysteria, Look at ‘Remarkable’ Things He’s Actually Done
If that were the case, can somebody explain why the stock market has surged roughly 41 percent from the night Trump won the presidential election to today?
After all, anyone with even a casual knowledge of the markets knows they are extremely sensitive to signs of uncertainty and turmoil. If we hear all of this noise from the media and Democrats about how the country is divided, facing an uncertain future and every other doomsday prediction, why isn’t Wall Street paying attention? Because Wall Street looks at things in a different light than most individuals. Money is not a Republican or Democratic asset. Who the president is doesn’t trigger unrealistic emotions — either for or against. Kevin O’Leary, noted investor and one of the stars of ABC’s “Shark Tank,” says when you cut through all of the noise surrounding Trump’s presidency, he’s doing some “remarkable” things to help businesses, specifically the cutting of regulations. “I would say on a policy basis, I’m going to have to give it an 8 1/2 out of 10 so far,” O’Leary told Hill.TV’s Buck Sexton of the Trump administration’s performance to date. “The reduction of regulations has been remarkable in how it has accelerated small business,” he said. “These things are quietly being changed, and I really — I credit the administration for doing this. They’re making it easier to run a small business in pretty well every state I’m involved in. So that’s working.” In an Op-Ed O’Leary penned for The Hill.com, he heaped more praise on the administration and said the markets are very confident in the president’s economic plans. Completing this poll entitles you to Conservative Tribune news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use. Part of that confidence, O’Leary said, is based on looking at the facts of what Trump is doing in terms of fundamental business policies, not the emotions social issues generate. “Trump is like no president before him: not good, not bad, but different,” O’Leary wrote. “Want to manage through the turmoil? Here is a better strategy. Ignore the noise and watch the policy.” O’Leary credits Trump with putting in place competent economic managers such as Commerce Secretary Wilbur Ross, Director Larry Kudlow and Treasury Secretary Steven Mnuchin. O’Leary says deregulation and tax reforms are already a done deal, and trade is the next item on the agenda. “Their message is clear: They are going to keep ratcheting up tariffs until the eurozone and China come to the table,” O’Leary said. “They care about the North American Free Trade Agreement and the Asian trade protocol, too, but these have been pushed to the back burner while they focus on the big dogs, China and Europe.” The president is receiving steady criticism for his tough stances on trade, but if his policies were really that bad, the markets would reflect that, O’Leary said. “So why has the market not corrected, and why have many stocks continued to hit all-time historic highs?” he asked. “Because the potential to equalize tariffs has such tremendous economic upside for the U.S. economy, investors are willing to put up with pain even if the chance of success is only 50 percent or less.” And the markets are willing to put up with a lot of pain if the payoff is worth it, O’Leary said. “The markets know this is not going to happen overnight, but the upside is so enticing that it is willing to wait,” he said. O’Leary said that rather than judge a president or other politicians based on whether they have an “R” or “D” after their name, those in the business world know it’s best to look at the steak, and not the sizzle. “My best advice in these extraordinary times? Tune out the circus and focus on the policy that actually gets implemented,” O’Leary said. It’s hard for critics of the president to tune out the circus when it seems to have taken up permanent residence in their heads. But you can bet there are some hardcore liberals who are embarrassed to admit just how nice their 401k statements have looked since Trump took office. https://www.westernjournal.com/ct/sh...actually-done/ |
NO WAY!!!! A wealthy conservative loves the tax cuts and deregulation
Keep trying with your bullshit propaganda threads fucktard! "Ignore The Media and Follow Blindly" While Chump and the other elite rape you! |
The stock market hasn't done shit since the beginning of January. Start living in reality.
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Bank on it, dipshit. |
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This 'trade war' as you put it is only a few months old, the market hasn't done shit since January. Start living in reality. |
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The stock market is shit you moron |
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:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh |
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Do you even invest bro? |
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You're the damn fool that just typed out 20 paragraphs on how Wall St loves this President. :1orglaugh:1orglaugh https://cdn.newsapi.com.au/image/v1/...30af8e9ab46225 |
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The tarriffs went into effect July 6th We haven't even been one month into the tarriffs and Trump is already subsidizing farmers. What the fuck is wrong with you fucking liar Chinese Tariffs to Start July 6 |
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Next he'll blame the depression on 9/11. |
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https://i.imgur.com/B8S88Qq.jpg |
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Go stick to posting fake news trump supporter stories...you're out of your element Donny. |
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"roughly 41%" = 20% why do trump supporters have problems with basic math? dow trump inauguration 20K dow now 25K s&p500 2.3K now 2.8K how is this "roughly 41%" :1orglaugh:1orglaugh:1orglaugh:1orglaugh |
Current trade war is shooting with BBGuns. China has signed up direct trade with more than 20 countries this year, Trumps working on some negotiations, fact of the matter is he's done nothing just smash deals.
As Trump seems to of found out now with Soyabeans, its not just that China is buying less, they've found/created new markets for them, now its not that they're buying less from the USA, their not buying them at all. Thank god Europeans use Soya so much in their cuisine!.. All is good Trumps in charge! |
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Brazil, the world's biggest soybean exporter as it is. China raised their Brazilian soybean purchase 25%. The downfall with Brazil is their soy / corn stockpile is in excess and being stored outdoors in the elements. With no rail system to move the soy, their only means of transportation is moving the soy strictly by truck to the railways. Make you wonder what the quality is. So it's the political case of - You do this and we'll do that. Next will be further spite work by limiting Chinese exports to the United States. Everything I look at seems to be made in China / Japan or Indonesia If you notice - All countries are exporting their goods and services to some other country. I think it's time the United States becomes more self sufficient limiting our need to depend on other countries goods and services. |
I dunno about all the Trump stuff, but Kevin O’Leary himself seems really nice. He hit me up personally on FB Messenger a while back, and wanted to help me invest in Bitcoin with him...
Naturally, I told him that I 'cunt a4d2' but he was still really nice and we chatted for ages. He even called me 'Sir' a lot... Very polite gentleman. :2 cents: |
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+ Eu just promised to buy (more) soybean from the USA. |
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China can turn to South America to replace US soybean imports, industry chief says |
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Gustavo Oliveira writes that timing, huge demand and structural bottlenecks diminish Brazil’s reliability as a backup soybean supplier to China https://www.scmp.com/news/china/dipl...-gap-its-trade |
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Brazil and Argentina, another major soybean grower, have snapped up some of the cheap US supplies for their domestic markets, according to Grant Kimberley from the Iowa Soybean Association. “There have been purchases from Brazil and Argentina to back fill their own domestic industries,” he said. https://www.scmp.com/news/china/dipl...hina-trade-war |
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Aren't they just buying surplus beans at a cheaper price which hurts the farmers? Send your beans to China for a nice profit and then buy cheap surplus beans from the USA for domestic use. Shit, why not mix them in with some of the beans going to China to fulfill the contracts and then some to show you are a stable trading partner |
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Trump started the trade War but he doesn't have the power to end it, that power lies within each and every other country China, Canada, Mexico, Japan, etc. Some will take longer than others to end their tarriffs. Trump doesn't have the power to make them stop on their end. Sad |
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I'm not saying it's good and trump is good, because it's not and he's not. I'm pointing out to MrBB that China most certainly is not able to just walk away from/replace USA supply of their soybean demand as he claimed. |
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China has been running around buying up every other markets stock, and like you say that still won't meet their demand. However they also have been in numerous countries looking to establish new markets, offering to build the processing plants, keep in mind its an easy crop to grow from planting to harvest is around a 100 days. Trump might of spent the last month on Twitter, Xi's been in Africa... handing out magic beans I believe. CEO: China not buying soybeans from US but rather Brazil, Canada - World - Chinadaily.com.cn Xi urges liberal global trade system - Chinadaily.com.cn |
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https://www.bloomberg.com/news/artic...sh-trade-talks |
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China's soybean demands eclipse the entire amount of soybean produced worldwide, excluding USA production. https://www.scmp.com/news/china/dipl...-gap-its-trade |
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BTW from your article: "Chinese companies are doubling down on investments in South America, which is gradually joining Beijing’s “Belt and Road Initiative”. The long-term effect of this trade war may ultimately be the consolidation of Chinese infrastructure in South America. And this may also drive a possible shift of soybean prices: from the US dollar at the Chicago Board of Trade to the yuan in Dalian." |
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Don't you ever become embarrassed. :1orglaugh |
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I can understand you taking on the morons around here every now and then, but you standing behind your leader no matter what says more about you than it does about the insane ones posting here full time... No republican is behind his tarriffs idea.. it is failing and hurting your economy and your agricultural community. It's ok to call him out on it at this point... |
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One of the big things American's are missing is Trumps policies are fiscally inflationary and that's causing the USA dollar to raise, meaning foreign businesses are making more, 10% already this year and that's only set to increase. the zillion dollar question is will Trump devalue and banana republic your money, and he's said a few times he would. https://www.forbes.com/sites/johntam.../#79e52b0715a9 |
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oh but if the market falls it will definitely be obamas fault...even in 2020 :1orglaugh:1orglaugh:1orglaugh |
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He unleashed money held overseas and dropped taxes at a time of maximum debt.. that's inflationary. America is not a company it's a country, grow it too fast.. on borrowed money and inflation comes up to bite you. Trump said a few times during his campaign that he would not rule out devaluing the USD, understand as a foreigner making money in the USA that's the million pound gorilla in the room for us. Also understand I do currently pay tax in the USA, my major income makers have me on 5% withholding tax and I'd guess that 5% is more than 50% of American's pay per year and certainly more than most board trolls make. ;) |
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https://scontent.fapa1-1.fna.fbcdn.n...84&oe=5BD38573 |
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