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Fwayne

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- FwayneFwayne
  ·03-12
  Share your opinion about this news…
  Trump Walks Back 50% Canada Tariff Threat, Downplays Recession
  President Donald Trump said Tuesday that he had ordered a doubling of the tariff on Canadian steel and aluminum, setting off a new wave of selling on Wall Street and raising fears that his insistence
  Trump Walks Back 50% Canada Tariff Threat, Downplays Recession
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- FwayneFwayne
  ·2024-02-18
  There's not much that can rival google. They have been around collecting data Ion us for years.
  Google: Load up before too late ?
  @JC888：
  Is there a storm at the horizon, awaiting Google? There is, according to the Business Today post dated 15 Feb 2024. (see below) What happened on Thu, 15 Feb 2024? $Alphabet(GOOG)$ sank after a report that ChatGPT owner OpenAI is developing a web search product that would compete with Google. OpenAI’s service would be partly powered by $Microsoft(MSFT)$’s Bing search engine, the Information reported. Shares in Google parent Alphabet (GOOGL) fell on Thursday as investors digested the latest artificial intelligence news. (see below) At one point in time, it fell as much as -3.8%, far underperforming the Nasdaq 100, which dipped -0.3%. With the loss, Google stock neared its 50-day moving average (ma). S
  Google: Load up before too late ?
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- FwayneFwayne
  ·2024-02-18
  Hope so. To bad I didn't get to get
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Major stock indexes were down some 10% off their peaks amid escalating concerns that the world’s biggest economy may be about to stall. Trump himself fueled the recession talk as recently as Sunday, declining to rule out the possibility in a Fox News interview.At the White House late Tuesday, he struck a more upbeat note when asked if he was worried about a downturn. “I don’t see it at all. I think this country’s going to boom,” he said. And he played down the markets slump, too. They’re “going to go up and they’re going to go down,” Trump said. “Doesn’t concern me.”Still, only hours later he told top executives gathered at a meeting of the Business Roundtable to brace for more tariffs, saying rates could even go higher. The president said increased levies simply meant it was “more likely” companies would move their operations inside the US.“The biggest win is not the tariff — that big win is a lot of money — but the biggest win is if they move into the country and produce,” Trump said.He told the executives that he’s putting a priority on speedy approvals, particularly regarding environmental regulations, and planned to soon announce a major electricity project, according to a person familiar with the session. He also reiterated a suggestion that a company’s business taxes could be reduced if it manufactured its products in the US.The White House did not immediately respond on Tuesday night to a request for comment on Trump’s remarks.While other Trump policies could threaten US growth too, including the threat of mass deportations and Elon Musk’s moves to slash federal jobs and spending, the escalating trade war has been front and center of risk assessments. Economists say it will hike prices for consumers; retaliation will hurt US exporters; and all of this could add up to a drag on growth.The three chief targets so far – China, Mexico and Canada – are the biggest US trade partners. On Tuesday, it was the latter that found itself in the crosshairs.Apparently angered by Canada’s plans to retaliate, with tariffs on US dairy products and other goods plus higher prices for electricity exports, Trump threatened to double the metals charge on his northern neighbor. He also warned of dramatic additional hikes if Ottawa didn’t relent on some of its own protectionist policies intended to protect the country’s dairy industry.The coming levies would “essentially, permanently shut down the automobile manufacturing business in Canada,” Trump said.A few hours later, Trump’s Commerce Secretary Howard Lutnick and Ontario Premier Doug Ford announced plans to meet Thursday in Washington, and that the province would suspend its plans to slap a surcharge on electricity.“When you’re negotiating with someone and they’re not paying attention and they disagree, the president, who is the best dealmaker ever, has to say, ‘Here’s my response,’” Lutnick said in an interview with CBS News.US stocks pared losses after that, but the S&P still closed down on the day, extending this week’s loss to around 3.5%, while treasuries also fell.It’s likely only a respite in the trade-war escalation, with the 25% charge on imports of steel and aluminum set to hit at midnight, and a whole wave of them lined up next month. That includes “reciprocal” duties – matching what the US sees as trade barriers imposed by other countries – and separate tariffs on a wide range of specific products, from autos and semiconductors to lumber.It’s the shifting and unpredictable nature of Trump’s second-term trade war — and the extent that decisions rest on the whims of the president — that’s proving especially disruptive for industry and markets. Tuesday wasn’t the first time he has whipsawed markets with on-again, off-again tariffs.Over recent weeks, he imposed 25% duties on Canadian and Mexican goods, then delayed them for a month, then let them take effect last week, then within days offered exemptions that could cover most trade with the countries.“It’s dramatically different than the first administration,” said Marc Short, who served as chief of staff to Vice President Mike Pence back then. “One of the biggest challenges is, markets look at it and say, you know, this is just part of his bluster, right?” Short said. “That it’s just negotiation. And it’s not.”Corporate chiefs have been raising red flags. Canada is the main source of aluminum for US industry, and several of the Ontario-based auto plants Trump was threatening to shut down are owned by US automakers.Addressing Congress last week, Trump acknowledged that the major economic overhaul he’s pursuing – to bring manufacturing jobs back to the US and shrink the federal government’s role – may cause a degree of disruption. Aides including Treasury Secretary Scott Bessent have also suggested that there’ll be some pain.Retaliation by other countries to Trump’s tariffs could worsen the blow. Ontario sells electricity to states including New York, so additional taxes would add to pressure on US household budgets already strained by persistent inflation.Most economists don’t see an imminent US recession risk. But there are some warning signals, from weaker consumer spending and sentiment to a spike in uncertainty among small businesses. Hiring across the economy stayed solid last month, but the jobless rate ticked up to 4.1%. Musk’s efforts to slim down the federal bureaucracy add another employment risk.Trump says that initiative will bring growth to the private sector, and he defended it again on Tuesday.“We had some little hiccups, not big hiccups,” Trump said. “But we saved a tremendous amount of money into the future.”","news_type":1,"symbols_score_info":{"SQQQ":1.1,".DJI":1.1,"SPY":1.1,".IXIC":1.1,"QQQ":1.1,".SPX":1.1,"TQQQ":1.1}},"isVote":1,"tweetType":1,"viewCount":2923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":275057362419976,"gmtCreate":1708190470928,"gmtModify":1708221364474,"author":{"id":"4108885937253460","authorId":"4108885937253460","name":"Fwayne","avatar":"https://community-static.tradeup.com/news/f561acc476b31239e4588d14548b2f25","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4108885937253460","idStr":"4108885937253460"},"themes":[],"htmlText":"There's not much that can rival google. They have been around collecting data Ion us for years.&nbsp;","listText":"There's not much that can rival google. They have been around collecting data Ion us for years.&nbsp;","text":"There's not much that can rival google. They have been around collecting data Ion us for years.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/275057362419976","repostId":"274656093036808","repostType":1,"repost":{"id":274656093036808,"gmtCreate":1708092504770,"gmtModify":1708135802858,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/1f15eae4f682dc4cb91bfca455452752","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3570103090255456","idStr":"3570103090255456"},"themes":[],"title":"Google: Load up before too late ?","htmlText":"Is there a storm at the horizon, awaiting Google? There is, according to the Business Today post dated 15 Feb 2024. (see below) What happened on Thu, 15 Feb 2024? <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> sank after a report that ChatGPT owner OpenAI is developing a web search product that would compete with Google. OpenAI’s service would be partly powered by <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>’s Bing search engine, the Information reported.&nbsp; Shares in Google parent Alphabet (GOOGL) fell on Thursday as investors digested the latest artificial intelligence news. (see below) At one point in time, it fell as much as -3.8%, far underperforming the Nasdaq 100, which dipped -0.3%. With the loss, Google stock neared its 50-day moving average (ma). S","listText":"Is there a storm at the horizon, awaiting Google? There is, according to the Business Today post dated 15 Feb 2024. (see below) What happened on Thu, 15 Feb 2024? <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> sank after a report that ChatGPT owner OpenAI is developing a web search product that would compete with Google. OpenAI’s service would be partly powered by <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>’s Bing search engine, the Information reported.&nbsp; Shares in Google parent Alphabet (GOOGL) fell on Thursday as investors digested the latest artificial intelligence news. (see below) At one point in time, it fell as much as -3.8%, far underperforming the Nasdaq 100, which dipped -0.3%. With the loss, Google stock neared its 50-day moving average (ma). S","text":"Is there a storm at the horizon, awaiting Google? There is, according to the Business Today post dated 15 Feb 2024. (see below) What happened on Thu, 15 Feb 2024? $Alphabet(GOOG)$ sank after a report that ChatGPT owner OpenAI is developing a web search product that would compete with Google. OpenAI’s service would be partly powered by $Microsoft(MSFT)$’s Bing search engine, the Information reported. Shares in Google parent Alphabet (GOOGL) fell on Thursday as investors digested the latest artificial intelligence news. (see below) At one point in time, it fell as much as -3.8%, far underperforming the Nasdaq 100, which dipped -0.3%. With the loss, Google stock neared its 50-day moving average (ma). S","images":[{"img":"https://community-static.tradeup.com/news/ae5e93dd584e50f32cc801a7cec90aad","width":"971","height":"493"},{"img":"https://community-static.tradeup.com/news/ca1529d4bd12b04cf3a33e7819f52b62","width":"750","height":"128"},{"img":"https://community-static.tradeup.com/news/669164f6435f4927360eec10459d6c1f","width":"897","height":"570"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274656093036808","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":275055401619648,"gmtCreate":1708190139527,"gmtModify":1708221360883,"author":{"id":"4108885937253460","authorId":"4108885937253460","name":"Fwayne","avatar":"https://community-static.tradeup.com/news/f561acc476b31239e4588d14548b2f25","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4108885937253460","idStr":"4108885937253460"},"themes":[],"htmlText":"Hope so. To bad I didn't get to get","listText":"Hope so. To bad I didn't get to get","text":"Hope so. To bad I didn't get to get","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/275055401619648","isVote":1,"tweetType":1,"viewCount":1973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}