Tag Archive | tariffs

Coronavirus 2020: I Think I Smell A Rat As It Relates To The ‘Year Of The Rat’!

by Anura Guruge


Click to ENLARGE.


Click image to access original coverage.


Click image to access original coverage from the U.K. ‘Daily Mail’.


The timing of this 2020 coronavirus outbreak could NOT have been any WORSE!

That is why I, an avowed cynic, was getting convinced today that I was smelling a rat when it came to the timing of this virus outbreak. It could not have been any worse in terms of impacting and crippling the 2020 Chinese New Year — the Year of the Rat.

Plans for New Year celebrations have been devastated. For one a lot of people in China are being precluded from traveling. Others, wisely, are avoiding going out and mingling with others.

I ran into that problem this morning. Should we go to the ‘Confucius Institute’ event at UNH today. Yes, we knew there would be a fair number of Chinese — some who probably visited China in the last few weeks. Furthermore there were two suspected cases of the virus in New Hampshire — albeit neither in Durham. I pondered, long & hard. I knew my friends at the Institute would be doing everything they could do minimize the risk. [I was right. They had cut back on personnel to a minimum. It was low-key and unstated but I noticed and appreciated.] I wanted to go to show my solidarity and support. In the end we went.

Going to Boston Chinatown, on a Sunday, is a different matter. A whole load more of people — many who might have visited China in the recent past. Not good. Not good for Chinatown. Not good for us. I like going to Chinatown for Chinese New Year.

I smell a rat. Yes, others have put forward conspiracy theories. I do subscribe to one of this.

This virus has done much, much, much more damage to the Chinese economy, prestige and standing than any tariffs. It will put a huge dent in their GDP for at least a year. Not good.

I smell a rat!


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by Anura Guruge

As I Have Repeatedly Said This Tariff ‘War’ With China Was BOGUS From Start — Just A Donald Trump ‘Wet’ Farce.

by Anura Guruge


All I can say is:

QED —
Yet again (maybe for the 3rd time).

{look it up. It will do you good.}

Just type ‘tariffs’ into this blog’s search ‘trench’.


Today’s BIG headline — from CNBC.
Google for more. Plenty of coverage.


I have from the start CLAIMED very publicly, on this blog that these are empty threats.

Push comes to shove, Donald Trump will back down. He has done so consistently.

It is embarrassing. It is a farce. When will people come to see it — like I do. Do not get excited. It will never happen. SMILE.


Click to access my post.


Click to access my post from just 2-days ago.


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by Anura Guruge

U.S. Currently Has A GLUT Of Bacon, Most In 48-Years, Can YOU Folks Up Your GLUTTONY For Bacon. #MAGA With Bacon.

by Anura Guruge


Click to access ‘Bloomberg’ original.



It actually has to do with the ongoing trade war with China and the silly tariffs. The U.S. produced more bacon thinking the Chinese will buy it, BUT they, because of the tariffs, are boycotting the bacon.

Not right. You have to step up and eat MORE bacon. For many of you that should not be a hardship.

I eat a LOT of pig. I eat ham or sausage every day, with nary an exception. I also eat a LOT — and I mean a LOT — of pork. I estimate that I eat at least TWO (2) fully-grown 400-pound porkers a month! Yes, I am a pig eating machine.

But, I am not partial to bacon. Too fatty for my lean tastes. Oh, I eat bacon, but not often and sparingly. Nothing like how I scoff down SLABS of ham, long chains of sausages and oodles of pork.

So, I am relying on YOU to help me.

Eat more bacon for #MAGA.

Do it for Trump. Thank YOU.


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Search ‘pig’.


by Anura Guruge


As With Tariffs, I AGAIN Nailed, 100%, Donald Trump’s EMPTY Chinese Delisting Threat.

by Anura Guruge


All I can say is:

QED.

{look it up. It will do you good.}


From “Barron’s”. Click if you want to access original. Google for plenty more.


Click to access my post from just 2-days ago.


Click the PIG to access the original ‘Reuters’ coverage.


It is TOO, too easy. He is just an obese cry-baby. That folks believe his tripe and even worse that it affects the stock market just confounds I. How can people be so …. there, alas, is but one word, viz., ‘stupid’.

He has yet to full me once.

Yes, I knew he would become president. Told people that in February 2016. I wasn’t fooled by the polls either, and I am not fooled by them now.

I can read him like a cartoon.

But, I also know that he will WIN a second-term.

He will not be impeached.

Yes, I know all of this. It is not easy being I.

But, I also know how to use all of this to help me with my investing. SMILE. So, there are compensations. SMILE.


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by Anura Guruge

Donald Trump’s Threat To Delist Chinese Stock Is Another EMPTY Threat — Just Meaningless Braggadocio.

by Anura Guruge


Click the PIG to access the original ‘Reuters’ coverage.


Click to access my post from just 2-weeks ago.


As with all the threats about tariffs, this Summer, that so roiled the stock market, this is Donald Trump being who he is; pandering to his base and trying to distract folks from the looming impeachment.

It is true that 90% of Trump’s base will have no bloody idea what this is all about. Delisting stock? Nearly all of them have never owned stock.

But, the stock market reacted — yet again — on Friday. Makes me laugh.

Yes, I own Chinese stock — Alibaba and JD.com. But, I am not worried at all, at all. Actually I would like Trump to try and delist those two stocks — the most popular of the Chinese stock. I can actually make money on that. SMILE. When you know what you are doing you can make money on stock in either direction — as long as you have a conviction as to which way it is going.

This is a BLUFF.

This is Trump crying ‘wolf’.

This will never happen.

Pigs will fly before this will ever come to pass.

If I am wrong I will eat a pig. Promise.


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by Anura Guruge

Am I The ONLY ONE That Has Worked Out That Donald Trump Will ALWAYS Delay Enforcing Tariffs?

by Anura Guruge


Click to access the WSJ original. Google for more.


Click to access my post.


Well, lets face it. You can, if you squint hard enough and put on rose-colored specs, see that Donald Trump and I are twins separated at birth.

No wonder I can understand him and predict what he is going to do. We are so, so very alike — he is just better looking and is rich.

Let me tell you. Donald is NOT serious about tariffs. He is just using it as a cudgel. Don’t get excited about it. Play the market assuming that the tariffs will ALWAYS be kicked down the road.

Trust me.

IF you don’t, go back and look.

He has always, push come to shove, delayed tariffs at the 10th hour. The GOOD, KIND, GENEROUS man he is, he does NOT wait until the 11th hour. He does it earlier. Bless his BIG heart.

So, now you know.

Trump is not serious about tariffs.


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by Anura Guruge

EXACTLY As I Predicted Trump Backs Down On Key China Tariffs. I Can’t STOP Smiling.

by Anura Guruge


Click to access my posts of 11-days ago.


Click to ENLARGE. From CNBC from a FEW minutes ago.


From ‘marketwatch.com’.


It really is like stealing candy from a baby!

I live off the stock market and have done for the last 12-years.

So, it helps if you can anticipate what is going to happen and in my DOTAGE I have, to my own amusement, have got good at this. Yes, it PAYS. SMILE. Thanks.

Old age and experience really does help.

Just 15 or 16 years ago I would listen to the investing advice of old men and wish I could be so sanguine and sage.

NOW I am one of those old men, and I am loving it.

While others panic and sell, I rebalance and wait for the bounce. I actually rebalanced yesterday because I knew the bounce was imminent. What can I say.

Yes, I can give you advice on investing. SMILE.


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by Anura Guruge

Why Does The Stock Market React To Trump’s Tariff Threats — He ALWAYS Backs Down!

by Anura Guruge


Click to ENLARGE and savor. From ‘marketwatch.com’.


Just don’t get it. The stock market did it AGAIN today. Reacted BADLY when Trump threatened China with more tariffs.

But, am I the ONLY one who has noticed. He always, but always, backs down at the last minute and kicks the can down the road.

Has done it with Canada, with Mexico, with the EU and with China.

He is all bluster and no trousers.

Just can’t understand why the market reacts. It should just ignore the threats. He has cried wolf way too many times. He is just bluffing.


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by Anura Guruge

Confused As To Why UK PM Theresa May Is Concerned About Trump’s New Tariffs — UK Hardly Makes Any Cars!

by Anura Guruge


Click image to access “Reuters” original.



Click to ENLARGE. Source cited in caption.


OK. To be fair, Theresa May, the British Prime Minister, did call on Thursday to talk with Trump about tariffs and OTHER matters (e.g., ISIS and N. Korea). So, that was before Trump had explicitly said that HIS TRADE WAR will involve levying a tax on ‘European‘ cars.

It was the TAX on ‘European’ cars — in particular BRITISH cars — that got me thinking … and then rather upset.

We, the Brits, no longer OWN many car brands! All of our ICONIC British cars companies/brands — Rolls Royce, Bentley, Jaguar, Mini, Land Rover — are owned by FOREIGN entities, in some cases the dreaded, despicable Germans!

Aston Martin and Morgan are about the only ones that are not owned outright by foreign companies. This is so sad. Breaks my heart. That Rolls Royce/Bentley are owned by BMW/Volkswagen is beyond the pale and that my beloved Jaguar brand belongs to Indians makes me cringe.

Not sure where they get the $9.8 Billion in UK vehicle exports to the US. That must be the cars shipped from the UK. That does not mean all the money goes to the UK.


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by Anura Guruge

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