$S&P 500 Index (.SPX.US)$ Which further suggest further potential for downside from here. Current valuations may not be sustainable
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long term invest
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great info thanks for sharing. Valuation is always the most important indicator for SP500 regardless any other noises in the market.
The Nasdaq Composite, S&P 500 and Dow-30 all gained better than 1.5% Friday after the White House said it's "optimistic" about reaching a trade deal with China to end a burgeoning trade war between the world's top two economies. The$Nasdaq Composite Index (.IXIC.US)$rose 337.14 points (2.1%) to close at 16,724.46, while the$S&P 500 Index (.SPX.US)$added 95.31 ticks (1.8%) to 5,363.36 and the$Dow Jones Industrial Average (.DJI.US)$gained 61...
Minotor
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why do you want a trade deal with china - when trump is reviving the Trans Pacific Partnership trade agreement with India and the remaining countries ?
gghjh hghj
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It's just a unilateral statement from the USA. Given the current situation, what is there to talk about? What can be used for negotiation? What China wants, the USA is not willing to sell. Consider what else the two countries have that is worth discussing.
151490696
Minotor
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the problem is, china has the best tech, experience and quality control from the manufacturer perspective. this is partly due to its years of experience in manufacturing AND the dictatorship, hence the efficiency and effectiveness. SE asia is considered lower end of the manufacturing with relatively lower technical requirements, in short, you can make clothes and shoes from vietnam and Bangladesh. good luck making smart phones and computers in those countries.
Minotor
151490696
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search TPP trade agreement - and you will understand what is at stake here - you are looking at a mega trade deal with Japan, South korea , india, australia , vietnam, mexico and canada to compete against china - trump did not want to join in 2018 unless the terms were better - trump is very serious about decoupling - but to tour point this comes with disruption ans pain.
that's the only explanation I can think of for this. Maybe some investors believe both countries will now recognize this is getting out of hand and are more likely to make a deal. I'm sure there's other reasons too, would love to see them in the replies to this
Jamesjinlin
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This tariff has already become a joke. So it is pointless to care about tariffs now. The recent confrontation between China and the U.S. has essentially brought relations with China to zero during Trump's presidency. What Trump wants is impossible, and China wants Trump to step down. Because Trump's promises are worth nothing. China is not interested in signing any agreements with someone who has no credibility. The current trend is technically aimed at filling the 554 gap.
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S&P 500 Index Stock Discussion
Which further suggest further potential for downside from here. Current valuations may not be sustainable
The $Nasdaq Composite Index (.IXIC.US)$ rose 337.14 points (2.1%) to close at 16,724.46, while the $S&P 500 Index (.SPX.US)$ added 95.31 ticks (1.8%) to 5,363.36 and the $Dow Jones Industrial Average (.DJI.US)$ gained 61...
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