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    Originally posted by Unregistered View Post
    Still cant find it? Making things up?
    Reading is fun-damental. Give it a shot.

    https://www.marketwatch.com/story/th...ain-2018-07-25

    Comment


      Originally posted by Unregistered View Post
      Reading is fun-damental. Give it a shot.

      https://www.marketwatch.com/story/th...ain-2018-07-25
      Reading sure is important but comprehending and analysis what you read is critical, especially regarding the markets.

      The author wrote, without defining sources: GM said the costs of steel and aluminum were way above what it was expecting at the start of the year, pushed up by the tariffs on imports that the Trump administration announced in March.


      But then the author quotes the CFO as saying: “With regard to our total company outlook for the full year, the pressure from commodity prices and foreign exchange rates has been more significant than our original expectations,” Chief Financial Office Chuck Stevens told analysts on the company’s earnings call, according to a FactSet transcript.


      Now I haven't read the earning transcript but seems to me the author is jumping to a conclusion without defining the source of her statement because the CFO contradicts the author on tariffs when pressured by the press (as shown below) but is consistent with the quote the author used in her article.

      One is a conclusion of the author the other is a statement of fact from the source itself. I'll go with the source itself.

      https://www.cnbc.com/video/2018/07/2...hallenges.html

      Comment


        I think CFO's of publicly traded companies are prudent by nature and avoid making politically charged statements in their announcements. There's no risk/reward there.

        But you believe what you want to believe. If you're pro-tariff, good on you. If you don't think tariff threats spiked aluminum and steel prices, good for you. If you want to spend your day sucking trumps diqq and trying to convince others that chocolate milk comes out, good for you. Enjoy.

        Comment


          Originally posted by Unregistered View Post
          Come on Snowflakes. Market is so shaken by the tariffs its breaking out to the upside.
          Looks like eu is rolling over on tariffs. #trump#maga#winning

          Glad I have a president with a set of nuts that doesn’tsuck up to the media, special interest groups and our allies and enemies.

          Comment


            Originally posted by Unregistered View Post
            Looks like eu is rolling over on tariffs. #trump#maga#winning

            Glad I have a president with a set of nuts that doesn’tsuck up to the media, special interest groups and our allies and enemies.
            Soybeans??? He's sucking up to soybeans, in an overly obvious way. Please.....

            Comment


              Originally posted by Unregistered View Post
              Looks like eu is rolling over on tariffs. #trump#maga#winning

              Glad I have a president with a set of nuts that doesn’tsuck up to the media, special interest groups and our allies and enemies.
              European Commission spokesperson Kinga Malinowska said that Juncker had not yet made any concessions.

              “All I can say is that the talks are ongoing," Malinowska said in a statement. "President Juncker is working to avert new tariffs. No concessions made.”

              Comment


                Originally posted by Unregistered View Post
                Looks like eu is rolling over on tariffs. #trump#maga#winning

                Glad I have a president with a set of nuts that doesn’tsuck up to the media, special interest groups and our allies and enemies.
                We will continue importing highly engineered products from Germany and we will export to them soybeans.

                Why is trump so in love with soybeans, it's 18th century business.

                Comment


                  It's always some bs with trump....

                  The European Union will import more U.S. soybeans as part of a new accord to avoid an all-out trade war. Yet the bloc was already likely to take more American shipments.

                  That’s because the 25 percent tariff China slapped on U.S. soy imports earlier this month promises to reshape the global market for the commodity. The U.S.-China tiff means it’s likely that Brazil, the No. 2 producer, will end up selling more soy to China as a result. That’s something that traders anticipate, based on the higher price Brazilian soy is fetching over U.S. supplies.

                  Facing a reduced Chinese market, U.S. soybean exporters have few options other than to target the EU. And the fact that Brazilian shippers will be sending more cargoes to China means less competition in Europe. Rabobank International Ltd. predicted in June that the U.S. may overtake Brazil as the biggest soybean importer into the EU.

                  Comment


                    Look, we have some trade issues with the EU, but our trade deficits have less to do with trade abuses and more with market forces. We love european cars, and are willing to buy them, even though they cost more than American brands.

                    But if they eliminate all tariffs, I think thats a positive.

                    The main abuser of trade on the planet is China. They are currency manipulators, and intellectual pirates and just very abusive trade partners. Spend your energies there.

                    Comment


                      Out of one side of his mouth trump saying they will eliminate all tariffs with EU, implying they agree to let market forces dictate balance of trade (I hope) and then the other side of mouth he says EU will buy tons of soybeans. Why cant EU buy soybeans where they are cheapest? So from that side of mouth trump implies protectionism for soybeans.


                      Because he is beholden to soybean farmers and lobby.

                      Which is how tariffs and protectionism come into place, in the first place: one back scratching the other.

                      SOS. different day.

                      Comment


                        Alert

                        In 60 minutes, right wing bot leadership will have issued new trade/EU talking points. Please hold on.

                        Comment


                          Interesting coincidence......

                          Vladimir Putin released footage of Russia’s latest hypersonic missile technology this week, followed by an announcement that an investigation is being launched into the scientists who are working on the top-secret project. The main target of the investigation seems to be Viktor Kudryavtsev from the Central Research Institute of Machine Building near Moscow. He is accused of High Treason and passing information about the weaponization of hypersonic technology to the West.


                          This information reputedly came to Putin from a NATO country. But Hmmm…Who was recently socializing with NATO and visited Putin right afterwards?

                          Of course the Helsinki meeting details are lost to history. Lol.

                          Comment


                            Originally posted by Unregistered View Post
                            I think CFO's of publicly traded companies are prudent by nature and avoid making politically charged statements in their announcements. There's no risk/reward there.

                            But you believe what you want to believe. If you're pro-tariff, good on you. If you don't think tariff threats spiked aluminum and steel prices, good for you. If you want to spend your day sucking trumps diqq and trying to convince others that chocolate milk comes out, good for you. Enjoy.
                            Yeah true they don’t want to make Policy changes but they’re even more careful breaking down the costs factors of a negative earnings forecast which this CFO did. So drink all the kool aid or chocolate milk you want. Your argument is weak.

                            Comment


                              Originally posted by Unregistered View Post
                              Vladimir Putin released footage of Russia’s latest hypersonic missile technology this week, followed by an announcement that an investigation is being launched into the scientists who are working on the top-secret project. The main target of the investigation seems to be Viktor Kudryavtsev from the Central Research Institute of Machine Building near Moscow. He is accused of High Treason and passing information about the weaponization of hypersonic technology to the West.


                              This information reputedly came to Putin from a NATO country. But Hmmm…Who was recently socializing with NATO and visited Putin right afterwards?

                              Of course the Helsinki meeting details are lost to history. Lol.
                              Well of course. Trump place fear into Putin, he has to react with some insecurity.

                              Comment


                                Originally posted by Unregistered View Post
                                Yeah true they don’t want to make Policy changes but they’re even more careful breaking down the costs factors of a negative earnings forecast which this CFO did. So drink all the kool aid or chocolate milk you want. Your argument is weak.
                                This is why you're all alone....

                                Comment

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