Current Events > if you ask the average liberal why something Trump did is bad they can't answer

(+) Yeah! (+)

You guys continuously have to push your doomsday clocks further and further. We won't lose any trade war, countries will realize that. His tax breaks promote growth, the market jumped right after it. Unemployment continues to drop, optimism continues to rise.

Aside from supporting coal its not like he's forcing it on people say like forcing companies to build certain types of cars, wonder who did that.

His opinions on the our system have been echoed before, and thats all they are opinions. Has he tried to change the constitution yet? No. Fake news would have you believe he has and fake news is really to point attention to headline grabbers that try to skew the story.

The travel ban and immigration laws are about protecting america. There is no easy solution and doing anything is better than nothing.

Overall nothing has changed, we are moving forward. The media would like you to think we're on the brink of destruction or civil war but thats far from it. His appointments aren't demolishing America.

All it amounts to is his twitter triggers me and

Why would he change the constitution when he's ignoring it as is?
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how is he ignoring it?

I'm disillusioned that there's a single person in this world that could support trump. But I just have to accept that there are some crazy people out there. What, with all the racist folk in the south and everything.

What has he done wrong? He's a criminal against science and mother nature. Every choice he makes is hurting the environment. Are you delusional?

Star_Spirit posted...

He's a criminal against science and mother nature. Every choice he makes is hurting the environment.

Another headline grabber.

"He's bad if you don't agree you're racist ok"

average trump supporter: xD i feel so edgy having opinions that upset people

New User
User Since: Jul 2018
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Active Posts: 96
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@DavidWong
You're definitely right about the harmful effects of protectionism - even on a capital markets level. I was doing some analysis on tariff announcements and the effect they have on asset prices at work, and US/China equity markets both have a negative beta to an increase in tariffs. My analysis was restricted to this more recent US/China spat - from Jan 2018 onwards - but there is a significant negative effect to the stock market of both countries when these things are announced (and then implemented).

This trade war hurts Chinese equities more than it hurts US equities, as I'm sure isn't surprising, but hurts the rest of the developed markets (DMs) less than the US. To put it imprecisely, per ~$30 billion in tariffs, you can think of the market sensitivity of US equties to be -1.5%. Chinese equities -2%, and DM equities ex-US as -1%. Obviously these hurt other EM (emerging market) equities as well, with a bit more of a negative move than US equities.

There is definitely a worldwide effect of these things, so you're exactly right to say it affects you in Australia as well (Australian markets are often more linked to China than a lot of people are willing to admit). There are plenty of longer term studies that show the negative effect of protectionism as well, but sometimes it helps to do the work first hand (I'm a fixed income trader as my job and trade on this type of information)

This topic doesn't deserve well thought out replies (nor does TC) but you're thoughtful enough in your replies that you do deserve it
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It's probably also worth noting that although the Chinese beta is larger in magnitude, the dollar impact on stocks is very similar to the US because the US has a significantly larger market cap
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https://mobile.twitter.com/business/status/1020645157035704320
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Expected nothing less than liberals pretending to be too smart to respond

@lesidesi posted...

@DavidWong
You're definitely right about the harmful effects of protectionism - even on a capital markets level. I was doing some analysis on tariff announcements and the effect they have on asset prices at work, and US/China equity markets both have a negative beta to an increase in tariffs. My analysis was restricted to this more recent US/China spat - from Jan 2018 onwards - but there is a significant negative effect to the stock market of both countries when these things are announced (and then implemented).

This trade war hurts Chinese equities more than it hurts US equities, as I'm sure isn't surprising, but hurts the rest of the developed markets (DMs) less than the US. To put it imprecisely, per ~$30 billion in tariffs, you can think of the market sensitivity of US equties to be -1.5%. Chinese equities -2%, and DM equities ex-US as -1%. Obviously these hurt other EM (emerging market) equities as well, with a bit more of a negative move than US equities.

There is definitely a worldwide effect of these things, so you're exactly right to say it affects you in Australia as well (Australian markets are often more linked to China than a lot of people are willing to admit). There are plenty of longer term studies that show the negative effect of protectionism as well, but sometimes it helps to do the work first hand (I'm a fixed income trader as my job and trade on this type of information)

This topic doesn't deserve well thought out replies (nor does TC) but you're thoughtful enough in your replies that you do deserve it

Appreciate the response. That sounds like a cool job. I'm just in the process of my degree, about halfway through, but I started late so have 10 years in the insurance industry, but I take a keen interest in economic policy around the world.
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