Home › Forums › Financial Markets/Economics › All of you that missed the “trump” stock rally
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FlyerInHi.
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December 6, 2016 at 6:36 PM #22216December 6, 2016 at 7:28 PM #804299
gzz
ParticipantI missed out partly because I sold stocks to fund a downpayment on a property. However, I also sold an equal amount of bonds which fell after the election so it evened out. I have not added back any stocks but I’ve been buying back bond funds, especially taxable muni CEFs which are back to yielding about 7%. (GBAB and BBN)
Also tech stocks underperformed and bank stocks overperformed so probably not too great a rally for the average California investor. I don’t have any US bank stocks, but I got lucky and timed the bottom in DB and HSBC.
December 7, 2016 at 1:06 AM #804305an
ParticipantThe $50B announcement from Softbank today w/ Trump is pretty cool. Hopefully this will be a long term bull run.
http://money.cnn.com/2016/12/07/technology/foxconn-us-investment/index.html?iid=hp-stack-dom
flu, if this continues, it seems like it might be a golden age for tech start up. Between stuff like this and potential repatriation tax holiday, I feel like there will be a lot of $$ sloshing around, looking for start ups fund.December 7, 2016 at 2:14 AM #804306
CoronitaParticipantMaybe the Trump fear factor is working after all….
Of all things, Foxconn (Taiwan) just announced they’ll be investing in the u.s. too. Though, I’m not sure if you want to work at foxconn….
December 7, 2016 at 5:43 AM #804309CoronitaParticipantYou know, frankly, I’m sick and tired of wherever I go, everything is Made in China…. I miss the good old American days, where I could find products in America that were made of the utmost highest quality, where manufacturing products meant building things with good material and things that would last……
I miss the days, when you look underneath the products found in this country, you could see the label that screams a quality made product. The label would read
“Made in Taiwan” 🙂
December 7, 2016 at 6:34 AM #804310Ribbles
Participant[quote=flu]
I miss the days, when you look underneath the products found in this country, you could see the label that screams a quality made product. The label would read“Made in Taiwan” :)[/quote]
I still see that on some clothes, and on average they do seem to be higher quality. I’m curious to know the reason. It seems to me that the product you end up with is as good as the company is willing to pay to have it made, and I know that actual Chinese companies (as opposed to American companies having products made in China) produce some good stuff when they want to. I’m into vacuum tube amps, and a $300 amp from China is every bit the equal of a $1,000 amp from a U.S. manufacturer, in sound and build quality, with a greater sense of artistry in the Chinese design.
December 7, 2016 at 10:48 AM #804313ParticipantIn my experience Chinese made products are of the lowest quality, with Chinese brand Chinese products at the bottom. Oftentimes the prices are low enough it does not matter.
When I was in Asia Chinese scooters were less than half the price of Japanese and Korean made ones and treated as disposable junk that might last 80,000km if you were lucky.
Japanese and Korean brands worked their way up to better reputations over time, but I do not see any signs of Chinese brands doing the same. It only took 10-15 years for Toyota and Honda to establish a good US reputation. China has been mass exporting to the USA for about 25 years with no such brands or anything close.
December 7, 2016 at 10:55 AM #804314FlyerInHi
Guest[quote=AN]The $50B announcement from Softbank today w/ Trump is pretty cool. Hopefully this will be a long term bull run.
http://money.cnn.com/2016/12/07/technology/foxconn-us-investment/index.html?iid=hp-stack-dom
flu, if this continues, it seems like it might be a golden age for tech start up. Between stuff like this and potential repatriation tax holiday, I feel like there will be a lot of $$ sloshing around, looking for start ups fund.[/quote]Trump want to run everything as a economic czar. Like in France, wherever something happens, the CEOs are summoned to the presidential palace. Or like Russia, China or even Japan for that matter.
Im surprised free market advocates would fall behind such plans.
December 7, 2016 at 11:07 AM #804315GuestI for one am grateful for China. Their production capacity and scale have held down inflation. Everything is cheaper, relative to income, and that contributed to higher standards of living. Everyone can afford a large LED TV now. My building just retrofitted to all LED lights. The HOA will cut electricity bill in 1/2.
You can buy a slab of granite quarried from a Chinese mountain and transported 1/2 way around the world for $75. Everyone can have granite countertops, cheaper than Formica. Think about it… just amazing abundance.
December 7, 2016 at 11:07 AM #804316spdrun
Participant“Made in Taiwan” 🙂
You mean, “Made in Republic of China”? Or “Made in Taipei, R.O.C.”?
December 7, 2016 at 11:42 AM #804318Participant[quote=FlyerInHi]Im surprised free market advocates would fall behind such plans.[/quote]Fall in line as in not trying to impeach him? Which free market advocates likes this? If they do, they’re probably not a true free market advocate to start with.
December 8, 2016 at 7:18 AM #804328Anonymous
Guest[quote=gzz]When I was in Asia Chinese scooters were less than half the price of Japanese and Korean made ones and treated as disposable junk that might last 80,000km if you were lucky.[/quote]
Americans like to shop. They buy things whether they need to be replaced or not. That’s a huge factor in China’s success.
Buy a new scooter at 50,000km. They’ve got them dirt cheap at Costco.
December 8, 2016 at 7:19 AM #804329Guest[quote=AN]Which free market advocates likes this?[/quote]
The ones that were displaying the “socialism!” histrionics when Obama was proposing the same infrastructure projects as Trump is now.
December 8, 2016 at 7:20 AM #804330Guest[quote=AN]If they do, they’re probably not a true free market advocate to start with.[/quote]
No, they are the Real Americans.
December 30, 2016 at 8:29 AM #804703phaster
Participant[quote=harvey][quote=gzz]When I was in Asia Chinese scooters were less than half the price of Japanese and Korean made ones and treated as disposable junk that might last 80,000km if you were lucky.[/quote]
Americans like to shop. They buy things whether they need to be replaced or not. That’s a huge factor in China’s success.
Buy a new scooter at 50,000km. They’ve got them dirt cheap at Costco.[/quote]
personally I’m looking to BUY an American design/mfg “scooter” that will last…
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