Replies to post #268121 on SPDR S&P 500 (SPY)

[BOS-MMT]

LOL, no surprise. I think too many people betting on a top here. Big boys won't drop the hammer unless taking out those shorts. They could chop one or two weeks here.

[USDollar]

tariffs are like any medicine that should help or cure
If you don't get the needed quantity you don't benefit and may even cause harm.
Rise of Tariffs will bring good jobs back. But only if tariffs rise as needed.
Bellow the threshold tariffs only punish the people.
BUT
BUT if tariffs rise properly, then a full blown exodus of jobs will come back in a hurry.

What's the threshold? A level that makes cheap slave labor in china irrelevant. In other words, the tariffs has to rise to take out the labor difference. Pretty simple imo.
So a mere 10% or another 10% or 20% increase is NOT discouraging shipping from china, so essentially the Americans are only punished by paying more.

But let's just hope is like a screw (them?), where it is tighten until people feel it, to accommodate and give some time to industry to adjust and bring back their sht, then bang, a big Tariff hit that will truly make manufacturing in china irrelevant and a losing thing.

So the direction is the right one.

BTW, it doesn't have to be all or nothing. For example this can be done with few, or even one product , say headphones, so only that particular product will become economically stupid to make it in china. Also it can be done in quota, which will allow some china, but not 100% like now - I think this is a tool badly needed, and it was there I think until 80'.

Not sure how market will react, but will be more real money and economic activity everywhere. Right now they say unemployment low, but is fake news by the governance gang. Then it will be actually real.