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04-05-2025, 08:45 AM
(This post was last modified: 04-05-2025, 08:49 AM by purplefaithful.)
Why cant this country have conversations on difficult topics w/out one side attacking the other?
It so tiring and it counter-productive. It hasn't always been this way.
My own opinion is that this tariff war isnt sustainable and it wont last long.
They'll be some wins posted and celebrated by Washington, but will there be enough of those to justify the approach and the tumult?
We'll see..
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How...presidential?
Insults AND a new make-believe term after the biggest S&P losses since WWII!
https://www.yahoo.com/news/dont-stupid-s...39045.html
"JPMorgan Chase chief executive Jamie Dimon warned tariffs could have lasting negative consequences, while billionaire fund manager Bill Ackman, who backed Trump for president, said they could lead to an “economic nuclear winter.”"
Wow....
Build on 14-3, take back the NFCN, break the ****ing curse. Simple.
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04-08-2025, 06:45 PM
(This post was last modified: 04-08-2025, 06:47 PM by Waterboy.)
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Damn, even the Vip's Big Boy of our junk administration knows the tariffs are a junk strategy:
https://www.businessinsider.com/elon-mus...ade-2025-4
"Musk responded to a video of Navarro speaking on CNBC, writing in a post on X that "Navarro is truly a moron."
He followed up by saying: "Navarro is dumber than a sack of bricks.""
Heh...I wonder if Elon's gonna get mysteriously deported...?
Build on 14-3, take back the NFCN, break the ****ing curse. Simple.
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(04-08-2025, 06:23 PM)Zanary Wrote: How...presidential?
Insults AND a new make-believe term after the biggest S&P losses since WWII!
https://www.yahoo.com/news/dont-stupid-s...39045.html
"JPMorgan Chase chief executive Jamie Dimon warned tariffs could have lasting negative consequences, while billionaire fund manager Bill Ackman, who backed Trump for president, said they could lead to an “economic nuclear winter.”"
Wow.... Biggest single day gain for S&P in history....btw...that's only true by point gains..not percentage...kind of like your "biggest S&P losses since WWII". There was certainly more volatility in March of 2020 in the early days of Covid in terms of percentage gain/lost. As the Dow gets larger...the swings in points get larger.
In terms of Bill Ackman, here's what he said today. Wow....lol.
Billionaire hedge fund investor Bill Ackman on Wednesday praised President Trump’s decision to implement a 90-day pause on reciprocal tariffs against foreign trading partners, with the exception of China.
“This was brilliantly executed by @realDonaldTrump,” Ackman wrote on the social platform X. “Textbook, Art of the Deal.”
https://thehill.com/business/5240954-bil...iff-pause/
So...we're down YTD by about 4% on the Dow. Oh the horror...lol.
Lots of stuff still needs to play out. Guess we'll see how it ends.
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04-09-2025, 05:00 PM
(This post was last modified: 04-09-2025, 07:15 PM by purplefaithful.)
(04-09-2025, 04:12 PM)badgervike Wrote: Biggest single day gain for S&P in history....btw...that's only true by point gains..not percentage...kind of like your "biggest S&P losses since WWII". There was certainly more volatility in March of 2020 in the early days of Covid in terms of percentage gain/lost. As the Dow gets larger...the swings in points get larger.
In terms of Bill Ackman, here's what he said today. Wow....lol.
Billionaire hedge fund investor Bill Ackman on Wednesday praised President Trump’s decision to implement a 90-day pause on reciprocal tariffs against foreign trading partners, with the exception of China.
“This was brilliantly executed by @realDonaldTrump,” Ackman wrote on the social platform X. “Textbook, Art of the Deal.”
https://thehill.com/business/5240954-bil...iff-pause/
So...we're down YTD by about 4% on the Dow. Oh the horror...lol.
Lots of stuff still needs to play out. Guess we'll see how it ends.
For sure, this is just another chapter in the novella getting written.
But it's still way too volatile out there...The US Govt Bond Mkt was trending badly in addition to the stock mkt, that was a HUGE red flag and and a major catalyst for Trump to hit pause.
You can say lots of things about Trump, but he knows how things work financially in this country. A tanking bond mkt + tanking stocks was more than even he could want or stomach.
Look, I hope we get to some better agreements, I have my doubts we'll significantly impact trade imbalances. The timelines for bringing factories back to the states way out paces the political timelines.
But, its gotta work or lots of people will be facing tougher times, and the 26 interims will be a blood-bath for team red.
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(04-09-2025, 04:12 PM)badgervike Wrote: Biggest single day gain for S&P in history....btw...that's only true by point gains..not percentage...kind of like your "biggest S&P losses since WWII". There was certainly more volatility in March of 2020 in the early days of Covid in terms of percentage gain/lost. As the Dow gets larger...the swings in points get larger.
In terms of Bill Ackman, here's what he said today. Wow....lol.
Billionaire hedge fund investor Bill Ackman on Wednesday praised President Trump’s decision to implement a 90-day pause on reciprocal tariffs against foreign trading partners, with the exception of China.
“This was brilliantly executed by @realDonaldTrump,” Ackman wrote on the social platform X. “Textbook, Art of the Deal.”
https://thehill.com/business/5240954-bil...iff-pause/
So...we're down YTD by about 4% on the Dow. Oh the horror...lol.
Lots of stuff still needs to play out. Guess we'll see how it ends.
It's a bulls**t situation for industries that have zero idea what their costs/supply lines look like...which is the typical trumpian irony: let's create full-on havoc for the industries we're bragging about saving!
Given the absolute snarling within the gop and the US as a whole, this might have as much to do with folding under snarls from all sides as any great 'strategy'. The court cases are piling up, the disruptions within the ranks are eroding the power base, and even the traitorous orange stain can't count on the dnc to be floundering headlessly for much longer.
https://abcnews.go.com/Politics/trump-ex...=120651386
"Shortly after President Donald Trump on Wednesday suddenly backtracked on his destabilizing "reciprocal" tariffs, instituting a 90-day pause for most affected nations except China, reporters asked him what led him to the change in course.
"I thought that people were jumping a little bit out of line. They were getting yippy. You know, they were getting a little bit yippy, a little bit afraid," Trump said during a photo op with racing champions outside the White House.
"But in the days that followed, markets slumped and trillions of dollars were lost in retirement and college savings accounts. Republicans and business leaders started to openly express mounting anxiety over the president's sweeping approach, some of whom Trump said he'd watched on cable news shows."
Build on 14-3, take back the NFCN, break the ****ing curse. Simple.
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(04-09-2025, 05:00 PM)purplefaithful Wrote: For sure, this is just another chapter in the novella getting written.
But it's still way too volatile out there...The US Govt Bond Mkt was tanking in addition to the stock mkt, that was a HUGE red flag and and a major catalyst for Trump to hit pause.
You can say lots of things about Trump, but he knows how things work financially in this country. A tanking bond mkt + tanking stocks was more than even he could want or stomach.
Look, I hope we get to some better agreements, I have my doubts we'll significantly impact trade imbalances. The timelines for bringing factories back to the states way out paces the political timelines.
But, its gotta work or lots of people will be facing tougher times, and the 26 interims will be a blood-bath for team red.
You need to understand that most money is made during this time. Don’t sell low and throw more money in after a really bad day or stretch. The market has one direction over time. It can be frustrating, but remember you’re investing at a discount during this time frame. Five years later, these things turn out quite well if you’re patient.
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