Looks like a sheet show on the way
DJIA - 460
NASDAQ - 313
S&P 500 - 75
Fingers crossed it changes...
DJIA - 460
NASDAQ - 313
S&P 500 - 75
Fingers crossed it changes...
Market Futures Look Terrible This Morning... March 10, 2025
- Thread starter NoleATL
- Start date
The goal appears to be to wind the clock back to 1990’s with the tariffs. Too bad the tax rates aren’t being moved back there as well.
Another economist thinks the tariffs are there to pay for the tax cuts as well. Strange all of the sacrificing is coming from the lower classes.
While the party continues at the Southern White House.
Another economist thinks the tariffs are there to pay for the tax cuts as well. Strange all of the sacrificing is coming from the lower classes.
While the party continues at the Southern White House.
I read that Trump is trying to fire all the people who deal with economic data that allows us to calculate GDP and jobs. I can't emphasize enough how bad an idea this is.
One of Putin's greatest plays in his playbook
Yep, sure looks like it’s going to be a rough day.
I’m waiting for the bottom to fall out, I doubt this is it. I have told myself I will slowly start buying back in somewhere around 35-40k DJIA. And even then I think it may go down a bit more, but if I’m wrong at least I got to take some profits and buy back in at a discount.
I’m waiting for the bottom to fall out, I doubt this is it. I have told myself I will slowly start buying back in somewhere around 35-40k DJIA. And even then I think it may go down a bit more, but if I’m wrong at least I got to take some profits and buy back in at a discount.
And the Republican party - "the party of Reagan" - sits on its hands or actively cheers him on. They are filth - every single one of them.
Trump was right. I'm tired of all this winning.
The market will love that... Trump has unwittingly strengthened other countries and weakened the United States. Yet his followers:
https://www.reuters.com/world/us/tr...s-two-expert-panels-economic-data-2025-03-05/
The email read in part "the Secretary of Commerce has determined that the purposes for which FESAC was established has been fulfilled and the committee has been terminated, effective February 28 2025." The second group - the Bureau of Economic Analysis Advisory Committee, which consulted on a separate group of economic data - was also terminated.
"This will impact the quality of data because it's a core principle of federal statistical agencies that they continually improve and innovate," Erica Groshen, a former FESAC member, told Reuters. "Without a robust flow of information and advice between experts outside their agencies, it's going to be harder for them to do that."
Groshen, who is also a former Bureau of Labor Statistics (BLS) commissioner, said FESAC was made up of academics, private-sector economists and data scientists, and focused on continually improving economic data produced by the BLS as well as the Commerce Department's statistical agencies, the Census Bureau and Bureau of Economic Analysis.
The committees had been in place for at least two decades.
The committees had been in place for at least two decades.
The Commerce Department and the White House did not immediately respond to a request for comment Tuesday evening.
The Next President Inherits a Remarkable Economy
The high quality of recent economic growth should put a wind at the back of the White House’s next occupant
Whoever wins the White House next week will take office with no shortage of challenges, but at least one huge asset: an economy that is putting its peers to shame.
With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate.
More impressive than the rate of growth is its quality. This growth didn’t come solely from using up finite supplies of labor and other resources, which could fuel inflation. Instead, it came from making people and businesses more productive.
I don't have share my opinion. Most know it.
Bottom line, there are some historical truths that are being ignored by this administration
Bottom line, there are some historical truths that are being ignored by this administration
What "economist"?
Tariffs are a very small source of government income compared to income (and other) taxes.
If we want to "make up" lost income tax revenues with tariffs, we will need at least 50%+ tariffs on all imports. Maybe even 100%.
Canada will keep in place its retaliatory tariffs against US-made products as long as President Donald Trump persists with a trade war, said Mark Carney, the Canadian prime minister-designate.
“The Canadian government is rightly retaliating with our own tariffs,” Carney said during his victory speech Sunday. “My government will keep our tariffs on until the Americans show us respect — and make credible, reliable commitments to free and fair trade.”
On the plus side, TSLA is down 12%.
Trump "reconsidering" will have minimal effect.
The markets are now reacting to the uncertainty and chaos.
Literally, the ONLY fix is Republicans having a backbone and standing up to him; giving him an ultimatum against all the chaos.
Markets would VERY likely bump up if they started taking actions to remove him from office.
hawkeyetraveler
HB Heisman
Trump just might be dumb enough to think that will work. For the one millionth time, markets like predictability. The market will see through the lies…or do they forget that a bunch of the raw data is publicly available or comes from third party sources in the first place.
Trump cannot control the message on the economy anymore than Biden could.
I’m sure whoever the poster was they looooved to post ZeroHedge has concerns with that
That's pocket change. They're waiting for the recession fire sale so they can buy more on the cheap. Billionaires love recessions.
This'll Help!!!
finance.yahoo.com
Trump says he will raise tariffs on Canada metals to 50%
President Donald Trump said on Tuesday he has instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum coming into the United States from Canada, bringing the total tariff on those products to 50%.
finance.yahoo.com
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