TWIST Ep 06 - Trump Tariffs and Taxes (Apr 10, 2019)
SteadyTrade
SteadyTrade.com
4.6 • 589 Ratings
🗓️ 10 April 2019
⏱️ 13 minutes
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| 0:00.0 | This Week in Steady Trade with Tim Bowen. |
| 0:02.7 | Why don't you just shut the hell up? |
| 0:06.9 | Welcome back to this week in steady trade. |
| 0:09.9 | Today's topic is Trump, tariffs, and tax day. |
| 0:16.8 | So what I want to start out with is, you know, this has been a recurring theme for a while, the tariff idea. |
| 0:23.9 | You know, the China tariffs have been in the news for, wow, months now, maybe going on a year. |
| 0:31.3 | I can't remember when the Chinese negotiations first started. |
| 0:35.7 | They kind of come and go from the news. |
| 0:37.8 | And then today, we got a headline about Trump possibly instilling |
| 0:43.8 | tariffs on up to $11 billion worth of goods. |
| 0:49.7 | Now, why is this a topic for discussion from a day trading or a swing trading perspective? |
| 0:56.9 | Might surprise you? |
| 0:58.9 | I'm going to tell you, it's not. |
| 1:00.6 | You know, one of the things that we see so much in trading, you know, and I was almost going to say short-term trading, but it really goes for any time frame. |
| 1:12.9 | And we'll talk about day trading as being in and out the same day. |
| 1:17.4 | Swing trading is multiple days, maybe weeks. |
| 1:20.6 | And then longer term or investing is months, years, |
| 1:25.4 | possibly decades if you're Warren Buffett. |
| 1:27.5 | But the idea mainly is news being priced in and traders and investors and particularly the media |
| 1:41.3 | looking for reasons for moves. |
| 1:45.9 | The market was down this morning, 0.5%. |
| 1:50.8 | You can see if you're watching along on YouTube, |
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