You have to wait until the market bottoms before you declare yourself a victim of fear mongering.
Fear mongering
- Thread starter NorthernHawkeye
- Start date
Thought when he first announced tariffs back in March. The Dow was heading for low to mid 30’s before a retreat by Trump. Starting to think I was too conservative. EU announces tomorrow. Then I’m sure China responds to his response. Might break 30.
What is interesting is the market wants so badly to rebound, that it tries to rally only be be snuffed out by Trump. At some point he will break the market's back. I think the Trump takes the S&P back down below 4,000 before he's done.
The market sees everyone still wants to make money. Believe one simple change of the old man’s whim will set it back to normal.
It doesn’t understand his response to crisis is to dig in . Especially if he’s wrong. Be it something beyond his control such as Corona. Or completely self created tariffs or election nonsense. Similar to Republicans going to the White House for Nixon a group of business leaders, politicians, etc need to apply pressure. Only pressure he understands pull money and/or start impeaching folks.
All that's needed. Yes.That's all you have? And you call ME the pussy? 😂
Everything I said about you was spot on. You really are the piece of Sh!t we all knew you were.
It's really quite amazing and sad, 45,332 post under this account and so many more under your other(s). Get a Fu@king life moron.
Or, better yet....keep posting all day every day from your basement safe space. But again.....don't foget your meds! Chode.
Besides being stupid you have the wit of a dead fish. Carry on - it's fun pulling your strings puppet.
And Whiskey will celebrate 30.5 as a win for Trump.
The distinction here is that the George Hearst from Deadwood types who previously would have never had reason to fault Trump are now getting potentially murdered in the market. Which makes those types want to murder, literally.
Trump should be getting extreme pressure now from people he never ever would have imagined previously he had to worry about.
We're in a very interesting time period in the whole history of the country.
Hope so. The man need to be put in timeout. Don’t mess with our infinity pools
.
We can now assume he'll do the wrong thing at every opportunity just to show he's unpredictable.
True that. I really wish we would treat our food more like the EU does......it is amazing, when you look into it, just how bad our food really is.
The biggest effect would be to jumpstart both the Lending and housing markets, which have been bad since covid. This is the space where I reside and in talking with lenders, that is the one thing they are looking for as a possible positive outcome. Of course, if the rest of the economy is in shambles....it won't make much of a difference. I notice this evening on talk radio on my way home, even staunch Trump supporters in business are starting to break with him.......
The overnight markets show the Dow opening -600 points. SMH
“Cmon baby. That’s it!”
It’s like he’s cheering on mouse #6 at the carnival mouse races.
cHaNgE yOuR pAnTs!!
I have lived here in Iowa and do know about the ICE raids at the meat packing plants over the years. Now as far as the lack of dairies in the area, I am not sure what to think of that. Some of my family (wife's actually) are farmers, with one doing dairy. They are happy about the focus on dairy exports, but they do not use any undocumented workers.
Nope....you can live in your own mind with what you want to think. I am past caring about you Riley. LOL.
Respond with some kind of real answer. Otherwise, I could not care less what you think.
Can I ask if you think the status quo was ok in dealing with China?
The sell billions more to us then they buy from us, despite having 3 times the amount of people. They also have been allowed to been one of the largest investers in the US with everything they own. 3/4 of a Trillion dollars at this point. I am scared of China because if they wanted to pull out of their investments, they would cripple our economy. The question is, do we just stand pat with it or let them continue to buy, buy, buy our R/E and invetsments?
As I said earlier in this thread....I think we need to give it 60-90 days. I am continuing to buy in the market. It will work out for me. But, I have an older mother and father in law and they are scared to death about this. And, I totally get it.
But, 50% of the US has no investments in the stock market, none. 80% is held by the very rich....whom most people appear to despise. It is going to be a rough go for sure.
It is possible........I am hoping that the administration is honest when they say how many countries have reached out wanting to get this taken care of. Remember, the US is not the only one who is going to be hurting during this.
hawkeyetraveler
HB Heisman
Typically rates go up when we have inflation because the fed needs to cool the economy to prevent hyper inflation. I am not aware of the Fed dropping rates in an highly inflationary environment. When you drop rates you stimulate demand (as you said), this naturally increases prices. But we appear to be heading for stagflation or some weird recession/inflation environment which makes raising rates very difficult as it makes the recession worse.
I have no idea what the Fed will do because they are faced with a situation without modern precedent. You pretty much have to go back to the 1930’s to even have anything close to a parallel and it is a much different, more globally connected, economy than it was then.
I am very very encouraged to hear that Trump supporters are waking up. That is very positive.
They’ll wake up when they can’t afford to shop at Wal Mart anymore.
True but the US is the only one causing all of this mess. We have the opportunity to be an island among ourselves if we continue to alienate our long time allies.
hawkeyetraveler
HB Heisman
It’s like we looked at the devastating impact of Brexit and said “the only thing wrong with it is that it didn’t go harder. Let’s put it on steroids”
I thought Trump was an dumbass for admiring Brexit but this is unbelievable.
China is its own beast. Setting up a scenario and a self inflicted trade war where China can hurt us seems stupid. Part of the sell off in some of the financial instruments yesterday was China selling bonds causing the rates to go up even with all the market uncertainty. Im not sure what the solution on China is. Ultimately China was not my worry then or now, if this was just targeted on China the market doesn't roll over. Your issue is this isn't targeted to just China. He targeted everything and everyone . . . (but Russia and Belarus lol). The other issue is he stated he tried to cover every zip code including those islands with just peguins so someone couldn't cheat, but you still excluded Russia who we currently trade over 3 Billion with.
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The clock started ticking in March. And the world did not quake in fear. We’re already nearing halfway point. 40 days in.
Some auto factory lines are shutting down.
Companies are delaying forecasts
Markets have tanked.
The high prices haven’t hit retail yet.
The good some minor concessions from small countries that depend on us.
WOW. I knew you had nothing left in the tank, but you keep topping yourself! You are sinking into the worst responses in your bag. And, after tens of thousands of failed, moronic post on multiple handles (45,342 on this one alone!), you would think you would be better at this.
One more time grandpa, log off for a couple of months and try seeing the sun. It would do your warped, idiotic mind some good.
Hey, I tried to give you some advice to go to Tesla burning with a group of your friends, but apparently you either have none or they simply hate you like everyone else does. And, it is clear you have no family, as they would have put you out of your misery a long time ago.
I guess just go back to your circle jerk of one. Oh, and GFY Moron! 😂
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You stfu with your 62k posts in 10 years. Get a hobby, get a boyfriend.
The loud ones are usually the weakest one. You prove that every time you post!
Your party is weak, polling at 27%, lied to America for 4 years about health concerns, got your ass kicked by a giant red wave and you’re still talking like a little bitch! Just stfu already! Take your beating like a man, move on, and stop blaming everything on Trump! You are the problem, you are the reason he is in office. If you’re mad, be mad at yourself. You bitch, complain and talk Trump 90% of the time. Seriously, take a walk.
I think we got our answer. Trump played China like a fiddle. Today was a great day for those that believed and bought low. I feel good right now.
Tornado, It is clear you like toying with him, but I am just going to ignore him. He is not worth it to me. I gave it my best shot, but he is too far gone at this point.
Have a GREAT night!!!
Not as bad as the last administration. That crew lied at an epic level.
