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Dow down another 1500 points Sunday evening.

Chomsky said:
There's no way any CEO is going to do substantive Capital Expenditure under Trump.
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Agreed, trump might change his mind tomorrow or 4 months or 4 years from now. Or the next administration might remove the tariffs.
 
aociswundumho said:
Agreed, trump might change his mind tomorrow or 4 months or 4 years from now. Or the next administration might remove the tariffs.
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You claim to be libertarian right. Do you have a clue what that means? If you did you would be throwing ketchup bottles every time Trump hawks his tariffs.
 
dobieg said:
I thought I was so smart buying Nvidia, Apple, Amazon and SPXL (2x S&P 500) with my cash account Friday. As if my regular portfolio wasn't down enough. *ughh*
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I think the equities are possible high reward - if you hang around long enough.

Of course you lose opportunity cost during that time. But nothing is free!

I'm just blown away by how all markets across all the many and disparate financial instruments are going down. The usual "opposing reactions" don't seem to be happening.

This leads me to believe there's a lot of fear of a general recession. Of course the good part is "fear" is not "fait accompli".

All that being said, it is possible Trump - before long - declares victory ("they all came forward to eliminate tariffs"), and ameliorates his actions.

But unfortunately for Trump, he now has a China Problem and they're the Bull In The China Shop that he cannot dismiss. Without China acquiescing, there is no full relief unless Trump removes his tariffs.
 
What does President Musk think?

www.nytimes.com

Musk Says He Hopes Europe and U.S. Move to a ‘Zero-Tariff Situation’

The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.
www.nytimes.com www.nytimes.com

The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.
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🤣 🤣 🤣 🤣 🤣
 
Variant said:
Yes but he hasn't yet done so. I doubt people are going to warm to the idea this week.
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He has no fears switching over the SSA computer systems, which I can just about guarantee they will SNAFU.

I see no bounds to what they will unilaterally unleash upon the American public.
 
gbg3 said:
What a comment.
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Yeah, that wasn't a very good look.

Despite the political stereotypes, Dems have the majority of lower and middle-lower income demos, the two party's split the middle-income, R's take the upper-middle income, and Dems take the upper-income demo.

Source:

www.forbes.com

Republicans vs. Democrats—Who Earns More?

What we earn may influence how we vote. Republicans and Democrats show income differences that widen and shrink depending on the bracket, as revealed by a Pew Research analysis. Experts suggest that these disparities in earnings are deeply connected to the policies and ideologies each party promo
www.forbes.com www.forbes.com
 
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aociswundumho said:
Yep. That's how bad Harris is.
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Any objective comparison would conclude that's ridiculous. I'm tempted to ask what you think is so bad about Harris. The way someone laughs is not really a reasonable measure for the presidency. She's not a pathological liar. She's not a toxic narcissist. She's not a convicted felon. Regardless of what you might pull up out of her past, she is, today, about 100 times more qualified than Trump to lead this country as its President.
 
Chomsky said:
I'm blown-away to see even Gold's been taking a hit.

It doesn't make sense. Everything is going down. Everything! Every-single-thing!

Equities
Bonds
Gold
Commodities
Treasury's
Crude
Crypto
Currencies

What the hey is going-on???
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We’re experiencing Trumps magic touch.

Everything he touches goes to shit eventually.
 
Chomsky said:
if Trump wanted to, he & his could profit greatly due to his market manipulation.
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His crypto currency scam has already made him 2 billion. The corruption this guy runs is something he doesn't even try to hide any longer. Why should he hide it? He's never been held accountable for any of his crimes. And now the Supreme Court says he's impervious to conviction.

We don't live in the America we loved anymore. It's completely gone.
 
We do have on good economic indicator: Jim Cramer is predicting a market crash like Black Monday...
 
The Hairy Fiddler said:
www.nbcnewyork.com

Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates

Trump posted on Saturday to Truth Social for people to “hang tough” and that this was an “economic revolution.”
www.nbcnewyork.com www.nbcnewyork.com

Endless bottom. MAGA's losing more and more of their retirement money.
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Slow down there Hairy....
Let things work themselves out, This will be GOOD for America !
The Media has gotten a Butt load of People to be mad that Trump is FIGHTING FOR AMERICA !!!....

 
Navarro believes Dow will hit 50K before the end of Trump's term.


 
Chomsky said:
I'm blown-away to see even Gold's been taking a hit.

It doesn't make sense. Everything is going down. Everything! Every-single-thing!

Equities
Bonds
Gold
Commodities
Treasury's
Crude
Crypto
Currencies

What the hey is going-on???
Click to expand...
Trump is crashing the economy
 
This clips doing the rounds from Ferris Bueller.

 
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