Tractors and (upcoming) tariffs?

[Hay Dude]

There are probably those who wish they' liquidated their portfolios before 1999 and 2008.

Those are in the “sky is falling” category. Smart folks stay the course and make more money.
I love that dummies are selling off. Great opportunity to buy low and sell higher in the upcoming years.

 

[Hay Dude]

I agree with most of what you're saying, Hay Dude. But I'll admit I'm concerned about how this will all turn out. I know Congress has a very poor track record, and while fixing that is the better approach, I also realise that is an unrealistic goal... at least in the short term.

Yep. They have a terrible track record. They are the ones passing bills with deficit spending. They are the ones passing policy that destroyed the US’s industrial base and giving it to China. They are the ones doing little about Chinese patent infringement.

I don’t want only one man making these decisions, either. However, we are 40 years into this mess and there’s very little time left.

I do expect that public reaction to Trump may actually result in more people wanting to do the work to make Congress better. In the same way the Boy Scout Carter got elected in reaction to the public becoming fed up with the corruption that was Nixon, reaction to Trump's strong policies may cause more to become interested in reversing this course of giving our prime Executive more free reign with each administration.

Yeah, maybe-but in the meantime, we have to take drastic measures to cure the patient. We had to do surgery, because the previous 40 years of quackery made the patient very sick.

This is the price we have to pay to for 40 years of neglect by greedy people in congress, mostly in it for their personal enrichment.

 

[jyoutz]

Those are in the “sky is falling” category. Smart folks stay the course and make more money.
I love that dummies are selling off. Great opportunity to buy low and sell higher in the upcoming years.

“The Dow Jones Industrial Average (DJIA) took 25 years to return to its pre-crash highs of September 3, 1929, reaching that level on November 23, 1954.“

I guess that’s a good strategy when you’re 30 years old. This is getting into 1929 territory.

 

[ruffdog]

There are probably those who wish they' liquidated their portfolios before 1999 and 2008.

It depends on how close to retirement someone is.

I "bobbed-and-weaved" right before the 2008 crash and didn't lose a dime. Then, after we hit bottom, move back out of bonds and back into stocks. I know people that "stayed the course" and lost nearly a million $ while they are nearing retirement. Ouch. I sure wasn't going to "stay the course" going into this year, and I'm glad I didn't.

 

[Muhammad]

I'm assuming the info you're hearing about holding cars at port is not correct. These cars would have already been shipped on the final vessel prior to the new tariff rules and as such are not subject to the increased tariffs for executive order.

"products loaded onto a vessel and shipped on the final mode of transit prior to 12:01 a.m. EDT on the day the new tariffs take effect will not be subject to the increased charge."

This was the source:

Audi holding all vehicles delivered to U.S. ports after April 2

Audi says it has over 37,000 vehicles in dealership and available port stock that are not impacted by an added import fee and are available “to sell to customers.”

www.autonews.com

 

[jk96]

This was the source:

Audi holding all vehicles delivered to U.S. ports after April 2

Audi says it has over 37,000 vehicles in dealership and available port stock that are not impacted by an added import fee and are available “to sell to customers.”

www.autonews.com

My mistake. The statement "some are holding cars at ports", my assumption was that you ment were sitting on ships at sea. This states that they are simply not shipping them which makes sense.

 

[ruffdog]

"These tariffs are just absolutely bad news," said Vance Ehmke from the western Kansas farm his ancestors homesteaded in 1885. "They cause the prices for everything that we buy to go up, and the price for everything that we sell to go down. I mean, it is being economically drawn and quartered."

https://www.npr.org/2025/04/03/g-s1...n-to-upend-markets-american-farmers-depend-on

 

[Hay Dude]

“The Dow Jones Industrial Average (DJIA) took 25 years to return to its pre-crash highs of September 3, 1929, reaching that level on November 23, 1954.“

I guess that’s a good strategy when you’re 30 years old. This is getting into 1929 territory.

You really think that’s where we are headed? 1929?

I’ll admit, I don’t know. I guess it’s slightly possible.
But if you live your life that way, I pity you.

I am much more optimistic than you. I bet we rebound in a short period of time after the tariff deals take effect and recover even stronger.

But if you think it’s 1929, better liquidate your accounts and stuff your money under your mattress.

 

[jyoutz]

You really think that’s where we are headed? 1929?

I’ll admit, I don’t know. I guess it’s slightly possible.
But if you live your life that way, I pity you.

You think there’s going to be a stock rally very soon? That’s simply not rational considering that this is just getting started. But you pity rational thinking.

 

[Hay Dude]

You think there’s going to be a stock rally very soon? That’s simply not rational. But you pity rational thinking.

Never said “very soon”. I said a “short period of time”. I think it’ll take a few months.
But you better go hide under the covers and get ready for the economic apocalypse.