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China falls to World's #3 Stock Market #Winning

FreeWits said:
https://www.bloomberg.com/news/arti...ond-biggest-stock-market?in_source=video_page

Title is a good summary: "China Dethroned by Japan as World's Second-Biggest Stock Market"
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China’s stock market overtook Japan’s in late 2014, then soared to an all-time high of more than $10 trillion in June 2015. Chinese equities and the nation’s currency have taken a beating this year amid a trade spat with the U.S., a government-led campaign to cut debt and a slowing economy.

"Losing the ranking to Japan is the damage caused by the trade war," said Banny Lam, head of research at CEB International Investment Corp. in Hong Kong. "The Japan equity gauge is relatively more stable around the current level but China’s market cap has slumped from its peak this year."

The Shanghai Composite Index has lost 17 percent in 2018 to be among the world’s worst performers. Industrial and tech stocks have been among China’s worst performers, with those subgauges on the CSI 300 Index of large caps sliding more than 20 percent this year.
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Greater question is why they're down almost 40% since 2014 amidst a worldwide recovery. The article could do a better job of highlighting some of the fundamental weaknesses in their equity markets. Of course let's not pass up a chance to pretend like everything in the world that happens is some Trump orchestration. :2razz:
 
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LincolnRossiter said:
Greater question is why they're down almost 40% since 2014 amidst a worldwide recovery. The article could do a better job of highlighting some of the fundamental weaknesses in their equity markets. Of course let's not pass up a chance to pretend like everything in the world that happens some Trump orchestration. :2razz:
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I actually agree with you that it isn't all because of Trump, but I do think that some of it is because of Trump, and enough of it is to credit Trump. In fact, Trump has listed China's economy being a bad performer and our economy being strong as a reason to go into an economic war with them now, so even Trump himself would agree with you to a large extent. We are winning this trade war, though, and Trump does deserve some credit.
 
LincolnRossiter said:
Greater question is why they're down almost 40% since 2014 amidst a worldwide recovery. The article could do a better job of highlighting some of the fundamental weaknesses in their equity markets. Of course let's not pass up a chance to pretend like everything in the world that happens is some Trump orchestration. :2razz:
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But if it was the other way you would be ready to blame Trump wouldn’t you?


Sent from my iPhone using Tapatalk
 
MrShangles said:
But if it was the other way you would be ready to blame Trump wouldn’t you?


Sent from my iPhone using Tapatalk
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Blame Trump for a rise in China's markets?

No. Then again, I'm not retarded. You should try viewing the world through a prism that's broader than Trump. It's elucidating.
 
FreeWits said:
I actually agree with you that it isn't all because of Trump, but I do think that some of it is because of Trump, and enough of it is to credit Trump. In fact, Trump has listed China's economy being a bad performer and our economy being strong as a reason to go into an economic war with them now, so even Trump himself would agree with you to a large extent. We are winning this trade war, though, and Trump does deserve some credit.
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This is more proof that Trump is incompetent.

If you want to have trade war with China, you can't start a trade war with the EU and Canada at the same time.

If you want to solve the NK problem, it's impossible to do while starting a trade war with China.

Do you disagree with any of that? Surely, you don't think you can win a trade war against the entire world. Surely, you agree that this is being handled poorly.
 
SonOfDaedalus said:
This is more proof that Trump is incompetent.

If you want to have trade war with China, you can't start a trade war with the EU and Canada at the same time.

If you want to solve the NK problem, it's impossible to do while starting a trade war with China.

Do you disagree with any of that? Surely, you don't think you can win a trade war against the entire world. Surely, you agree that this is being handled poorly.
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So China goes from the #2 stock market to the #3 stock market and our stock market continues to grow greatly, and this is proof that Trump is incompetent? Lets just say I disagree with you greatly.
 
FreeWits said:
So China goes from the #2 stock market to the #3 stock market and our stock market continues to grow greatly, and this is proof that Trump is incompetent? Lets just say I disagree with you greatly.
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How was the fact that we went from the worst recession since the Great Depression to a booming economy supposed to be proof that Obama was incompetent? (Brought up because those praising Trump were generally those who claimed the economy improved despite Obama).

How is the fact that Trump enacted tariffs that killed jobs and signed a tax cut package that cannot be retrospectively measured for years a sign that he is awesomely competent? (Pointed out because the only things he's done that would cause a meaningful immediate economic effect are tariffs, tariff threats, and other destabalizing measures)



And how, more specifically, is the fact that China's stock market dropped supposed to function of proof that Trump is competent when the only factors you are looking at are:

1. What is China's stock market value relative to other countries; and

2. Who happens to be the U.S. President at the moment.

?





You might as well correlate the number of times American dogs pooped the house to which party controls congress, then declare one party the dog poop inhibitors.
 
Mr Person said:
How was the fact that we went from the worst recession since the Great Depression to a booming economy supposed to be proof that Obama was incompetent? (Brought up because those praising Trump were generally those who claimed the economy improved despite Obama).

How is the fact that Trump enacted tariffs that killed jobs and signed a tax cut package that cannot be retrospectively measured for years a sign that he is awesomely competent? (Pointed out because the only things he's done that would cause a meaningful immediate economic effect are tariffs, tariff threats, and other destabalizing measures)



And how, more specifically, is the fact that China's stock market dropped supposed to function of proof that Trump is competent when the only factors you are looking at are:

1. What is China's stock market value relative to other countries; and

2. Who happens to be the U.S. President at the moment.

?





You might as well compare the number of times American dogs pooped the house to which party controls congress, then declare one party the dog poop inhibitors.
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I didn't say that Obama was incompetent, you literally just made that up. My signature even states that I supported Obama. As for the second question, that's a pretty loaded question, so I'll say the fact that even while we are fighting China in an economic war, our economy is still improving. Trump deserves some of that credit as he has an impact on the economy, and he has made a lot of decisions that have created jobs such as approving pipelines, which Obama refused to do. You can say you are against the pipelines for other reasons, but in terms of job creation, they are good. There are lots of decisions that have to be made, and what we are seeing is a roaring economy, not just on unemployment either, btw, but economic confidence indexes and many other factors. Many of these went up right after Trump was elected, a great indicator his message had a lot to do with the improvement as well. You want to take all of the credit away, but you have no justification for doing that. All you say is you like Obama. Okay, but you can like Obama and Trump can still be positive for the economy.
 
FreeWits said:
I didn't say that Obama was incompetent, you literally just made that up. My signature even states that I supported Obama. As for the second question, that's a pretty loaded question, so I'll say the fact that even while we are fighting China in an economic war, our economy is still improving. Trump deserves some of that credit as he has an impact on the economy, and he has made a lot of decisions that have created jobs such as approving pipelines, which Obama refused to do. You can say you are against the pipelines for other reasons, but in terms of job creation, they are good. There are lots of decisions that have to be made, and what we are seeing is a roaring economy, not just on unemployment either, btw, but economic confidence indexes and many other factors. Many of these went up right after Trump was elected, a great indicator his message had a lot to do with the improvement as well. You want to take all of the credit away, but you have no justification for doing that. All you say is you like Obama. Okay, but you can like Obama and Trump can still be positive for the economy.
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Oh, I don't like a lot about Obama. You seem to have ignored a good portion of what you were responding to, seem to have forgotten what the subject of the thread was, and seem to ignored my criticism of what you said in relation to that subject.

Trump has done nothing with an identifiable effect on the economy other than destabilize markets with random threats and with tariffs. You're going to have to wait and see whether actual policies translate into anything. And while you seem primed not to do it, you'll have to wait for actual analyses by economists.




(PS: "pipelines" out of nowhere? Temporary construction jobs in the thousands followed by a handful of remainders? In a country of 320,000,000+? Sounds like the first thing you grabbed when reaching).

You may wish to scroll up again and see that what I responded to is this assertion:

FreeWits said:
So China goes from the #2 stock market to the #3 stock market and our stock market continues to grow greatly, and this is proof that Trump is incompetent? Lets just say I disagree with you greatly.
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That is the assertion I attacked. (I could have also noted how ridiculous it was for you to ignore the bulk of what I said in order to pretend that the only thing he mentioned was China's stock market value declining.
 
Mr Person said:
Oh, I don't like a lot about Obama. You seem to have ignored a good portion of what you were responding to, seem to have forgotten what the subject of the thread was, and seem to ignored my criticism of what you said in relation to that subject.

Trump has done nothing with an identifiable effect on the economy other than destabilize markets with random threats and with tariffs. You're going to have to wait and see whether actual policies translate into anything. And while you seem primed not to do it, you'll have to wait for actual analyses by economists.




(PS: "pipelines" out of nowhere? Temporary construction jobs in the thousands followed by a handful of remainders? In a country of 320,000,000+? Sounds like the first thing you grabbed when reaching).

You may wish to scroll up again and see that what I responded to is this assertion:



That is the assertion I attacked. (I could have also noted how ridiculous it was for you to ignore the bulk of what I said in order to pretend that the only thing he mentioned was China's stock market value declining.
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You are objectively wrong and you try to play by a completely different set of rules. Every good impact (like low unemployment) you try to explain away as possibly being because of other variables, but every bad impact you try to pin on President Trump with absolutely no proof. You are incredibly dishonest. Why do you discuss like this? I mean, literally the day Trump was elected there were improvements in the markets, and things like economic confidence indexes are impacted almost entirely because of the current President since they measure mostly optimism going forward. Hopefully some day you grow up.
 
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