/biz/ - Business & Finance

[Anonymous No.17110462]

CHINA CUTS TARIFFS

BREAKING

[Anonymous No.17110495]

Didn't like our little viral friend, did ya?

[Anonymous No.17110508]

>>17110495
I think they kind of have to do this. There is another article saying all their chickens are going to starve:

https://www.cnbc.com/2020/02/06/millions-of-chickens-at-risk-amid-china-lockdowns-due-to-coronavirus.html

This is total desperation.
US market is going to records again.

[Anonymous No.17110515]

What stock do I buy now

[Anonymous No.17110527]

>>17110515
Index funds for average gains. US farm stocks.

[Anonymous No.17110546]

https://www.cnbc.com/2020/02/06/china-to-halve-tariffs-on-hundreds-of-us-goods.html

Article updated:
>The statement said the move was made in order to “advance the healthy and stable development of China-U.S. trade.”

Translation: we fucked

[Anonymous No.17110578]

>>17110508
>China runs out of pigs
>China runs out of chickens

Oh good God, do you mean to say their diets are going to get even more fucking depraved and desperate. What new viruses are they going to inflict on humanity with their newfound love of possum asshole and mosquito nuts?

[Anonymous No.17110590]

>>17110578
Forgot pic

[Anonymous No.17110595]

>>17110462
kept you waiting huh

[Anonymous No.17110617]

Trump has caused damage but it 50 years he'll be remembered for breaking up the bipartisan stasis and inaction on China. He woke up the empire.

>“We're at economic war with China,” he added. “It's in all their literature. They're not shy about saying what they're doing. One of us is going to be a hegemon in 25 or 30 years and it's gonna be them if we go down this path. On Korea, they're just tapping us along. It's just a sideshow.”

>Bannon said he might consider a deal in which China got North Korea to freeze its nuclear buildup with verifiable inspections and the United States removed its troops from the peninsula, but such a deal seemed remote. Given that China is not likely to do much more on North Korea, and that the logic of mutually assured destruction was its own source of restraint, Bannon saw no reason not to proceed with tough trade sanctions against China.

>Contrary to Trump's threat of fire and fury, Bannon said: “There's no military solution [to North Korea's nuclear threats], forget it. Until somebody solves the part of the equation that shows me that ten million people in Seoul don't die in the first 30 minutes from conventional weapons, I don't know what you're talking about, there's no military solution here, they got us.” Bannon went on to describe his battle inside the administration to take a harder line on China trade, and not to fall into a trap of wishful thinking in which complaints against China's trade practices now had to take a backseat to the hope that China, as honest broker, would help restrain Kim.

>“To me,” Bannon said, “the economic war with China is everything. And we have to be maniacally focused on that. If we continue to lose it, we're five years away, I think, ten years at the most, of hitting an inflection point from which we'll never be able to recover.”

[Anonymous No.17110630]

>>17110617
>Bannon's plan of attack includes: a complaint under Section 301 of the 1974 Trade Act against Chinese coercion of technology transfers from American corporations doing business there, and follow-up complaints against steel and aluminum dumping. “We're going to run the tables on these guys. We've come to the conclusion that they're in an economic war and they're crushing us.”

>But what about his internal adversaries, at the departments of State and Defense, who think the United States can enlist Beijing's aid on the North Korean standoff, and at Treasury and the National Economic Council who don't want to mess with the trading system?

>“Oh, they're wetting themselves,” he said, explaining that the Section 301 complaint, which was put on hold when the war of threats with North Korea broke out, was shelved only temporarily, and will be revived in three weeks. As for other cabinet departments, Bannon has big plans to marginalize their influence.

>“I'm changing out people at East Asian Defense; I'm getting hawks in. I'm getting Susan Thornton [acting head of East Asian and Pacific Affairs] out at State.”

>But can Bannon really win that fight internally?

>“That's a fight I fight every day here,” he said. “We're still fighting. There's Treasury and [National Economic Council chair] Gary Cohn and Goldman Sachs lobbying.”

>“We gotta do this. The president's default position is to do it, but the apparatus is going crazy. Don't get me wrong. It's like, every day.”

https://prospect.org/power/steve-bannon-unrepentant/

https://en.wikipedia.org/wiki/Susan_Thornton

[Anonymous No.17110631]

>>17110578

[Anonymous No.17110761]

China got fucking DONNIED.

I bet my left testicle that the US secretly infected China in an attempt to get Chinese tariffs lifted. All part of the "Art of the Deal".

Screenshot this post.

[Anonymous No.17110934]

>>17110508
Quick, who is the biggest chicken manufacturer in the U.S.? Buy them.

[Anonymous No.17110967]

>>17110934
Tyson, Foster Farms, I think ConAgra. That’s a good move anon

[Anonymous No.17110969]

>>17110761

He’s on a roll at the moment

[Anonymous No.17110993]

>>17110761
I could totally see Trump laughing smugly about all this.

[Anonymous No.17111326]

>>17110462
You're kidding me.

[Anonymous No.17111368]

>>17110515
Call options, specifically SPY weeklies. Get rich

[Anonymous No.17111369]

YOU DONT FUCK WITH THE DONNIE

[Anonymous No.17111390]

>>17111368
>>17110934
unironically this. We're going to be exporting so much produce.
/biz/raelis, this is our time.

[Anonymous No.17111518]

>>17110546
Hmm global famine?

[Anonymous No.17111539]

>>17111518
California alone can feed the entire western hemisphere with 1500 calories a day. There will not be a famine unless it is man made.

[Anonymous No.17111562]

>>17110934
>mfw trump renames 2020 to Year of the Purdue Wonderchicken

[Anonymous No.17111608]

WE MOON

[Anonymous No.17111702]

>>17110546
>Translation: we fucked

Translation: our supply chains are going to be fucked for some months so we better buy your goods while they are still in stock causing you massive inflationl.

[Anonymous No.17111762]

>>17110617
Oh stfu retard you literally know nothing

[Anonymous No.17111785]

>>17110761
In on fake and gay tradewar.

“In his mind it was all real, Trump, the tradewars, the wall, the deepstate, the swamp draining, all of it. “

[Anonymous No.17111799]

But Tyson is almost at ath right now

[Anonymous No.17111810]

>>17110934
Is this actually a good strategy?

[Anonymous No.17111824]

>>17111810
Most of this kinda stuff usually pumps nearly immediately premarket as the sellers likely also got this info too and thus refusing to sell at lower prices.

[Anonymous No.17111907]

>>17110630
I really enjoy listening to Bannon's take on China and how it's important to the world that they never gain hegemony status. It's based that they are detaining muslims, but they wouldn't think twice to do that to any other non Han group too. On one hand I respect their authority but on the other, I know their authority would not be good for non Han.

[Anonymous No.17111919]

>>17110462
The thing that is breaking is china

[Anonymous No.17111928]

>>17110462
They literally cant grow enough food they have to import livestock. China is a literal shithole.

[Anonymous No.17111942]

>>17110462
sounds good for their obscene population problem
something similar could also work for india

[Anonymous No.17112030]

>>17111824
>tyson has earning tomorrow in pre-market
Depending on how this goes, it maybe good to buy in the dip if one occurs as markets open.

[Anonymous No.17112100]

>>17110462
This man never stops winning.

[Anonymous No.17112144]

>>17111785
>Trump starts trade war
>NOOOO YOU CAN'T START A TRADE WAR, YOU WILL LOSE

>Trump wins trade war bigly
>THERE WAS NEVER A TRADE WAR YOU MADE IT UP

Salty saty

[Anonymous No.17112147]

>>17112100
>>17112144
Where’s the wall, cuck?

[Anonymous No.17112150]

>>17111907
> Respect an authoritarian regime with social credit scores and no freedom of ideas.
What the fuck man?

[Anonymous No.17112163]

>>17112147
Finally underway, despite the Dem house denying the will of the people for three years.
https://en.wikipedia.org/wiki/Trump_wall#Funding_granted_and_blocked_(2019)

[Anonymous No.17112174]

>>17112147
where's the trade war loss?

[Anonymous No.17112208]

>>17110462
the deal is both america and china cut tariffs. this was reported like a week ago. i mean you can spin it however you want america cut some of its tariffs too

in both cases nothing is required to be bought. its left up to companies and further down the food chain consumers

[Anonymous No.17112230]

>>17112147
u could have asked that a little nicer anon >:(

[Anonymous No.17112236]

>>17110495
Got eem

[Anonymous No.17112651]

>>17111368
why weeklies?

[Anonymous No.17112663]

>>17112030
Could someone please explain this whole pre market thing for a fren? I'm new to boomer stocks and only traded shitcoins until now.

[Anonymous No.17112679]

[Anonymous No.17112685]

>>17110578
its opossum faggot

[Anonymous No.17112704]

Nice work corona-chan $nCoV

[Anonymous No.17113008]

>>17110590
Kekd

[Anonymous No.17113053]

>>17111539
Brainlet line of thought

[Anonymous No.17113064]

[Anonymous No.17113085]

>>17110761
I live with a guy from wuhan and he says they believe there the US seeded the virus, because 1 there is a litteral virus research center there, collaborating with us 2. Right before the virus outbreak there was a military festival in which the us attended.

[Anonymous No.17113184]

>>17111799
And they have their Q1 earnings coming out this morning. But they are the second largest feed producer in the US, the first being privately held. I might throw $1k at it and see what happens.

[Anonymous No.17113709]

>>17110508
>>17110578
>>17110934
don't forget that china is also experiencing an h5n1(bird flu) outbreak that's killing their chickens too

https://www.bloomberg.com/news/articles/2020-02-02/china-culls-18-000-chickens-after-h5n1-bird-flu-cases-in-hunan

[Anonymous No.17113835]

>>17110967
dont forget archer daniels midland

[Anonymous No.17113848]

>>17112663
The New York Stock Exchange (NYSE) and NASDAQ officially start their trading hours at 9:30 AM Eastern Time (6:30 AM Pacific). Both exchanges close at 4:00 PM Eastern Time (1:00 PM Pacific). You can only trade when the markets open but you can go ahead and make orders before the market opens.

[Anonymous No.17113867]

>>17110495

[Anonymous No.17113881]

>>17113085
Why can't it be just due to incompetence? It happened to the Russians in 1979. Are the chinks so above mistakes that it's due to someone else's malfeasance?

https://en.wikipedia.org/wiki/Sverdlovsk_anthrax_leak

[Anonymous No.17113898]

>>17110462
What calls do I buy?

[Anonymous No.17113997]

>>17113881
I still think it's just a product of subpar hygiene and them fucking eating anything that moves. But if it is actually manufactured then it was definitely incompetence.
Also wtf is going on in that webm

[Anonymous No.17114033]

>>17113997
Not sure exactly. Either the bus driver is trying to kill everyone, or the passenger that jumped on the driver is the insane one. Either way, they crash.

[Anonymous No.17114052]

>>17113997
>>17113881


Suicide + Killing spree

[Anonymous No.17114083]

>>17113709
And a massive epidemic is also killing their pigs too

Why is God doing this to them? No offense to the big man upstairs, but why is it that this stuff never happens to Israel who deserve it way more than any country on this planet?

[Anonymous No.17114132]

>>17110595

Boss?!

[Anonymous No.17114520]

>>17113898
MSFT Calls 200 3/20

[Anonymous No.17114543]

>>17110462
>mfw up 6,9% (8540 euro) this year

[Anonymous No.17115219]

>>17110590

[Anonymous No.17115730]

>>17110590
Kek

[Anonymous No.17115782]

>>17115219
This is gold. I love you Corona-Chan!

[Anonymous No.17115807]

[Anonymous No.17115828]

>>17114520
omg i can't believe i actually bought something /biz/ recommends

[Anonymous No.17116714]

>>17113848
Thanks!