Comments by "Vale Tudo" (@valetudo1569) on "CNBC Television" channel.

  1. It sounds like he's running defense for OPEC. Bizarre
    1
  2.  @galv9499  At what point is "early" wrong? He was bearish at the beginning of the year and look at how much the market has rallied since then. He'd need an insane drop for it to even get back to the same level he was bearish at. By that logic, guys who predicted a recession 5 years before it happened were just "early"... yet they missed out on all those gains.
    1
  3.  @weho_brian  I think he means missed out on the 20% gains
    1
  4. I like him more than Elon
    1
  5. Not really. Investment in China is at an all time low and the amount of companies that are moving out at an all time high. You obviously don't know a lot about this issue
    1
  6. You do realize that 1. China's debt to GDP is way more than that of the US 2. If people in the US had the GDP per capita as they did in China - they would be considered impoverished and unable to afford their own homes Instead of using Commy talking points - actually do some research before talking
    1
  7. More trustworthy than the CCP
    1
  8. China has printed more money than anybody
    1
  9. Don't listen to these people... do not sell amazon, alphabet, or apple. This is how you lose money - by trying to time the market by selling good businesses and thinking short sighted.
    1
  10. Still in the US
    1
  11. Because they want to start WW3 and become the new hegemonic power. Hence why the US asked for access to the bases in the Philippines - and why the Philippines welcomed them
    1
  12.  @tommy85704  US mostly wants to make money.. which is something most countries can get behind...and why most prefer US's hegemony to China's... who wants to take peoples territory and punish people for even saying something they don't like.
    1
  13.  @roro-v3z  Well clearly you don't know what you're talking about. If you were here before 2017 you should know that anti US hate was in the news and media was far before that, so you are incorrect. You need to separate the government from the people. The government has been pushing out anti US propaganda far before 2016, when the mood changed in the US. The tariffs only supercharged it and helped the government propaganda push be much more effective. The government has been directing its people for a very longtime to hate the US. The US has a lot of soft power so you could argue it wasn't as effective before the tariffs, but the effort was still being made and the sentiment was growing.
    1
  14. I think it was at the end when he said he thinks earnings will drop 15%
    1
  15. If you were England, I'd agree with you. Low growth + high inflation...so raising rates doesn't equal economic growth. The US is literally the outlier of developed economies and doing the best..... we are able to eat the rate increases because of economic growth
    1
  16. Hard to go there when they've been closed the last 3 years
    1
  17. We know China loves controlling the flow of information domestically and abroad. What better than to have massive leverage on the man who owns one of the largest social media sites in the world? Their propaganda and misinformation will flow freely
    1
  18.  @X-H-Wu  Lmaoo okay. I laid what I said clearly, and can back it all up. Say what you will
    1
  19.  @tonyxu7690  Propping up domestic brands and industry is to insulate the economic dependence on the outside world and especially western countries. The purpose of this aspect very similar to Trump's America first and a broad 10% tariff... which could also be called decoupling from the outside world. Its all protectionism - the same thing the CCP and the diplomats are going around claiming to be against. In case you haven't noticed - its not just the US putting tariffs on China: EU, India, Turkey, Brazil, Indonesia (and more) have all done the same. Some are on EV's and some are on steel.. these are both developed and developing countries btw. Its not just the big bad US putting up tariffs on China's over subsidization of industries.
    1
  20.  @X-H-Wu  Lol way to copy and paste your previous comment. Get a life
    1
  21. Yes, in response to China's subsidization. EU started to do it too... they can't just sit there and allow one person to cheat without evening the playing field. Even with the subsidization, it pales in comparison to China's massive subsidies in chips, solar panels, EV's, etc etc etc
    1
  22.  @spider6660  Well the people who put them in place were democratically elected. So yes, they are. Can't say the same about China
    1
  23. He's lowering it on specific things due to inflation. Tariffs are inflationary.... I'm curious to see which things he's removing. What he needs to do is ban tik tok since they've been found to be collecting data for Beijing
    1
  24.  @NaptownSubaru  I can't be onboard with that. I'm not sure what you mean by being a living commodity that every nation has ownership in? It just doesn't make sense and there are no facts behind it. It sounds like far right news talking points
    1
  25.  @blondeblue32  Yeah but what happened to Republican principles of no welfare? And free market? It seems that every Republican threw their principles out of the window. If Biden started a trade war instead of Trump - Republicans would be destroying him for it one very news outlet. But Trump? No problem! Insane bias there
    1
  26. Most big tech, if you haven't noticed. Google, Meta, AMZN... all are massive on acquiring potential rivals
    1
  27. Its a problem, for sure. The assumption was that with globalization and the Soviets gone - it no longer mattered where things were made, only the cost mattered....that was true for a while but now we've realized the world ain't all sunshine and rainbows - and location matters. I'm glad to see things are somewhat going the other direction though (hopefully).
    1
  28. Shuttup....
    1
  29.  @peterseth3296  Well they force GM to partner with a Chinese company so they get 51% of the profit.....
    1
  30. The export controls might be bad for US companies but what China intends to do with those chips is bad for US as a country. Look, you can't sell someone the noose for which they will hang you with, all to make a buck. That is an old commy saying about capitalists and how eager we are to make money. If somebody is positioning themselves as a strategic threat - you can't help them. Not to mention all of the tech thefts over the years... enough is enough
    1
  31. What blows my mind is that Trump is now lobbying against the ban... the very movement he spearheaded
    1
  32. A little bit of decent news and the market goes right back to it "rates cuts are imminent!" talk. I can't help but feel 16 years of insanely low interest rates have had a strong conditioning effect on people that have come to expect low rates. With inflation still around 3.4% overall and economy still humming... I don't get why people think interest rates are around the corner
    1
  33. Market is going up because they think they're gonna get tax cuts,...meanwhile the everyday person is going to face massive price increases from tariffs
    1
  34. Watch more right-wing propaganda, please
    1
  35. The government can't just buy up land owned by private citizens.. it's not that simple
    1
  36. I havent seen that reported at all. Its called probable cause... And if the fbi took the boxes than they likely had the classified documents they were looking for. Funny how the same people who cared about the emails will now be defending Trump
    1
  37. 60%+ basically cuts off most trade besides things with zero substitutions. He is hitting them harder because he wants to pressure them into a tiktok deal
    1
  38.  @gregbarnlund4102  Yep, its quite a mess
    1
  39. Hmm it'd be banks, the economy is doing fine
    1
  40. Its like somebody telling you they will chop off your arms in a day...then last minute - they add they'll chop off your legs. Right before they chop your limbs off - they say nah just your arms.. and you say "Oh thank God I still got my legs then. Whoo, I was scared for a minute there." Meanwhile you still just got your F'n arms chopped off.
    1
  41. Yeah but it's still a revision that's worth noting. Should they not say anything?
    1
  42.  @jdingle8885  If thats all you get out of it, then it's not worth even explaining further
    1
  43.  @jdingle8885  What on earth are you talking about. You have no concept of the importance of accurately recording GDP data for a country. It's not just about what is happening today for your short fish attention span
    1
  44. These corporations should've been increasing the wages of these guys as their profits soared. Now the workers will ask for far more... big mistake. They shot themselves in the foot
    1
  45.  @oceanwave4502  You act like SWIFT was given from god and Western countries somehow took control of it. Its because the US created SWIFT. Any country is free to create an alternative if they want to, and in fact China is trying to do that but without major success.
    1
  46.  @lagrangewei  This is incorrect. China is, by far, the biggest surplus country in the world and in history, in fact. They depend on exports for GDP more than any country by a large margin. You can argue this but numbers are numbers. I can pull them up if you like
    1
  47.  @vashix  The reason China runs big trade surpluses isn’t just because of its high production capacity—it's also about low domestic demand. Basically, a lot of people in China don’t make enough money to buy a wide range of imported goods. Why? Wages in China are relatively low compared to the size of their economy. Instead of going into people’s pockets, a big chunk of national income goes into savings and subsidies that keep their exports cheap. So, China ends up producing way more than its own people can buy. To make their system work, they depend heavily on demand from other countries. That's why they worry when other nations talk about raising tariffs—it threatens a key part of their economic model.
    1
  48. ​ @vashix  You are drawing a false equivalency. Germany and Japan's trade surpluses compared to China's are like a mouse to an elephant. About demand - I'm saying China sells to the world because China has insufficient domestic demand (that means inside of China) to buy all that they produce...that is why they call it overcapacity. China relies on demand from the rest of the world to keep its model running... and the number one country who supplies that demand is the US and 2nd the EU. This is why potential tariffs are extremely concerning to the Chinese government.
    1
  49.  @bl5608  If you have deflation - then that means your economy is doing horribly. You don't just magically get deflation without a host of problems. Many would argue inflation is a much better problem to have than deflation
    1
  50.  @bl5608  hmm I disagree. Very modest inflation is good for economic growth (most would estimate around 2%) anything higher than that - not so much. Deflation is also not good as its not only a symptom of a poor economy but it has the added chilling effect on spending - which adds to even less economic growth and deflation, and the spiral continues. I think you need to at least do a google search for these things and read a little bit before you comment on them
    1