My Schwab account is down 12% in 2 days. Thanks orange man!
Printable View
My Schwab account is down 12% in 2 days. Thanks orange man!
That is the craziest nastiest shit I’ve seen in a dog’s age. Tips cap
Reminds us how the history of mankind quite often has turned on some random occurrence
Whether or not what we just experienced was an “According to Hoyle” black swan is only significant to me I suppose but I groove on kismet
That’s why I kinda chuckled about Daly stringing together his 7 leg economic parlay.
A couple quotes fr Reddit.
This is the first time ever the Dow Jones Industrial Average fell more than 1,500 points on back-to-back days.
Also
Trump says tariff policies ‘WILL NEVER CHANGE’ amid plunging stocks, Chinese response
News (US)
End quote
This is nothing more than billionaires transfering a huge chunk of the $40 trillion debt to the working class, brutal.
Since when has Trump and the GOP been interested in high paying jobs? Never!
If anything Trump will bring third world sweatshops to America.
Nice.
This is off the charts bad, America may never recover.
LOL! The market today is at 38.3 from 42. And you think the sky is falling? That's about 9%.
Trump placed the tariffs knowing full well what the market would do. He did it early on to give companies time to ramp up manufacturing before the 2026 midterms. We'll see what things look like then. Admittedly, Trump is gambling here.
But the gamble needs to be done for the good of the country. We can't put up with this trillion dollar trade deficit any longer. It will kill us in the long run. It's also about national security. As it stands, China has the capacity to manufacture war material forever, we don't.
May not recover? The market lost 60% of it's wealth in 2008/9. Bottomed out at 8.8, I think. If you bought stock then....then even after this latest dip, it's worth over 4 times what it was in 2009.
Third world sweat shops? In the past 25 years we lost 50K manufacturing plants and 14 million jobs to outsourcing. Workers had to move to service jobs. What manufacturing jobs we have left pay about 55K per year, the service industry about 35K. A world of difference. Workers making 35K have no chance to create any real wealth. 55K gives them a fighting chance.
Auction Tails
What do you suppose is the rate of clinical depression amongst treasury bond salesmen atm?
You just defacated on all my customers homes.
Not really 7 legs though. Most of them are "in" already.
47 is 47
Tariffs are "Law"
Dollar up, risk down
Interest rates have come down in kind
Now what happens from here? I think the projection is clear
Lean on markets more, take King Dollar up Interest down.
Refi the 9T of debt coming due down, cut Int Exp from 1.2T to mid 9 figures
QE infinity from there.
It is a parlay of sorts, but I think its very plausible
The quality of Chinese manufacturing has been top notch for a while now.
Their rep of turning out cheap junk hasn't applied for years.
https://streamable.com/hjxruk
Well we'll well
Another meme that desert-pedo posts that is either false or doesn't mean shit.
Think for a moment, if you can. If there were "50" plus countries that mattered and were "reaching out" as you say, with anything of substance... do you really think the global market futures would be where they are at right now???
No. They would not be. Trump and his admin has lied to you once again, and you believe it. How many times do you need to be lied to before you wake up. Im guessing infinite. Because you are the epitome (and nut low i might add) of a cult member. The MAGA cult.
quick reminder
japan and china
own
1.6 trillion USD in american debt.
America is the only country in the whole world to have freedom of speech
Where the fuck do you come up with this stupid shit?
Where did I ever say I say I wanted links? Links for what?You obviously have some reading comprehension issues.
I told you that your bullshit story about "50 countries" opening negotiations was exactly that - Bullshit. And I was absolutely right.
95% of the "news" you post on this site is garbage false news including your memes and Twitter posts. I constantly think youve gotta be someones elaborate dupe, because I cant see how any real person can keep posting here and be this consistently stupid along with zero self awareness.
Dude it appears these tarrifs are not a negotiating tactic, they're a massive tax cut for billionaires and massive tax increase for everyone else.
Gutting the govt isn't enough to cover the tax cut, he m,ay try to replace the IRS w tarrifs.
So how far is Trump willing to go for this tax cut?
[x] Gut the US govt
[x] ELIMINATE medicare and SS
[X] Great depression 2.0 aka ruin the lives of hundred's of millions
[x] Destroy the global economy ruin the lves of several billion
I'd go so far as to say all those are seen as desireable
The highlight of Bessent's career is causing black wednesday in the U.K.
AND Howard Lutnick is an even bigger sleazeball. Look it up.
Elon Musk is a massive sleazeball, too, total con man his entire life.
He has the nerve to get on tv and tell everyone he's trying to save the govt.
Hahhaha good one.
This is why you never under any circumstances vote Republican, i don't care how many tranny shows are at your local school
or whatever other gimmick they peddle..
I can’t really think of anything more perfect to sum up modern America than I go to sleep thinking id wake up to a Black Monday scenario, then seeing it green and thinking wtf happened, and then it’s fake news and we swapped like $4 trillion on some nonsensical story/tweet.
The notion any of this crap is trending up or down based on some serious fundamentals is comical. “ Sell! Sell!! Sell He’s an idiot. Buy! Buy!! He’s a genius art of the deal! Sell!! Sell!! Fake news!”
Then a few hours of are we buying or selling? I forget.
You can’t help but laugh at this. It’s a dark comedy.
if you look at the levels we were at when that story went ultramegaviral, you can see that a lot of big and important companies were at existential tipping points essentially.
the fact that it went ultramegaviral on a sosh network owned by one of the people responsible for one of those companies who has been aggressively demanding the president do something to save his company which is at an existential tipping point is surely just coincidental.
welcome to team retards plunge protection team.
Last night just before I went to sleep the name Meredith Whitney popped in my head. She was Steve Eisman’s (Big Short) protoge which will serve you well if you are ever on Jeopardy - The Boomer Edition.
Literally, no one remembers these people or those days. Which is something to consider as you watch Finance-tainment.
Made me look. Eisman podcast just dropped 4 hours ago on YouTube. I’ll save it for dessert.
Steve was definitely on the spectrum. PFA approved. He was enormously kind but still PFA
https://youtu.be/Z6jt4qsPnmQ?si=1jJzHgI8cc85KIAL
I saw Bill Ackman’s name pop up today. I didn’t have time. He won a Globe Globe for his Covid acting performance.
The game is the game. All the usual suspects coming out of the woodwork. You just wanna have some notion who is on the other side.
Similar to passing on Ackman, I just can’t stir up the energy to listen to All In (lol Chamath) to get a feel for their pump and grift.
You are a toothless moron.
The world disagrees with you. Your bloated, inbred, uneducated sideshow is collapsing.
America is number one in these categories, homelessness, obesity and education.
How did that happen?
Cousin fucking? Sure
Going forward, who pays for the American military footprint when
guarantees are no longer ensured? American protection via it's military presence is no longer viable. No deal.
Trump has stirred a worldwide hornets nest that Putin has not achieved. Your Disney world is crashing hard and only one thing
will reverse it.
Guys, YouGov just released another Kamala +8 poll.
It happens when the pursuit of personal gain is unchecked.
Americans have been duped by their freedom of rights mantra.
Freedom for Americans means no regulations.
The soulless profit hounds have bought their second yacht by
exploiting a society that chooses to look away.
This can only happen with a complicit government.
Even today, Trump is actively dismissing watchdog agencies
for the sole purpose of profiteering
Luckily, the Trump administration is so inept that they have shown their hand like no one before them.
He is done. However long it takes he has fucked up by getting all eyes on him The world is not putting up with this cash grab
He is a vote away from humilation and his legacy will serve as warning for others
Important for any autocratic administration
Controlling elected representatives
Complicit. Lobbyists. Say no more
Quieting dissenters
The press
Reagan vetoed The Fairness Doctrine
removing the requirement that broadcasters
present opposing opinions to publications
Enter corporate media.
The judiciary
Arming the supreme court with
beholden appointees
unimaginable?
The same administration is
actively defying federal court orders
relating to unlawful deportation
@Limited For Brains, i am sure your Central Banker President Mark Carney has the best interest for the Canadian citizens... he would take your alcohol away if it means a dollar straight into his personal pocket... maybe that Russian vodka will be cheap in Scamada after all... get a homemade brewery still like i showed you in that other thread or is that illegal in Scamada too..??
TRUMP IS A HERO….COPE.