I picked this. See the yearly comp.Enjoy the ride:
all the Trump haters must be making a killing on the share market.
Impeachment...again?
Let my bear and gold play run
It is indeed @finicky . A good point. While I haven't read Trump's bio Wikipedia is leftish on many bios. Vox has an interesting article on Hassett. Fiddle about on different browsers it may be behind a paywall.WIkipedia is handy but politically biased - I donated a couple of times but never will again after reading their bio of Donald Trump.
Trump knows how to pick'm....This is Trump's main economic adviser on tariffs and everything else when he gets a chance. He ain't too good on arithmetic neither which must make the markets even more skittish.
Trump certainly knows how to pick 'em.
gg
The top 1% elites are the ones pulling Trump's strings; that's the whole problem to start with. Trusting someone like Trump is like trusting a drug user to deliver 100 kg of cocaine. The Elite will be locked up safe and sound in their gated communities, while the middle class has to deal with the lower class stealing and doing home invasions just to survive. That's one of the main reasons why I'm against govts cutting social services, you end up with a country like Africa. The US is f***ed up as in once people slip into that circle of crime they seem to be stuck there due to all the other laws and they become even more vunarable of going back to prison.Everyone here seems to worship the sentiment of "the market". Like its truth. The market is manipulated by non democratic amoral entities just like all the other self self serving elitists who despise ordinary people and gaslight them: the Democrat party, the liberals, the legacy media, Hollywood, the cultural marxists in academia, the central bank governors, the corporations, the NGOs, the trans national organizations like the U.N. You've finally got the major western government elected who is trying to do something about it and you f'g whine, whine, whine.
I thought a vote for Trump and MAGA ideology was supposed to be a vote against elitism and the mega rich, drain the swamp ?.The top 1% elites are the ones pulling Trump's strings; that's the whole problem to start with. Trusting someone like Trump is like trusting a drug user to deliver 100 kg of cocaine. The Elite will be locked up safe and sound in their gated communities, while the middle class has to deal with the lower class stealing and doing home invasions just to survive. That's one of the main reasons why I'm against govts cutting social services, you end up with a country like Africa. The US is f***ed up as in once people slip into that circle of crime they seem to be stuck there due to all the other laws and they become even more vunarable of going back to prison.
There's a difference between whining about something versus observing what's occurring both good and bad.You've finally got the major western government elected who is trying to do something about it and you f'g whine, whine, whine.
Drain the public swamp and fill the backyard private swamps of the elite.I thought a vote for Trump and MAGA ideology was supposed to be a vote against elitism and the mega rich, drain the swamp ?.
SHNY. I screencapped it a few posts back.Gld?
THIS.Back to Trump, well on one hand if the objective really is to bring industry back to the US and to eliminate or at least reduce budget deficits then I absolutely agree with that, it's a point I've made in the Australian context often on this forum and elsewhere for decades. I always saw that as ultimately an economic argument far more than a political one - running deficits, either trade or budget, runs into trouble at some point. It's not free, there's a price to be paid.
The yield curve has steepened massively already. The whole thing's moved up but it's also steepened.Trump can set the rate to 1% and he would merely lose complete control.
3 months. Hope you are right.The yield curve has steepened massively already. The whole thing's moved up but it's also steepened.
We really aren't going to be able to say much about interest/inflation rates until tariff levels are finalised and implemented and implemented for significant amount of time.
They've got a 3 month window on tariff negotiations and then we'll need to see the data dumps a year later to get a better idea of things. All the data we see in the meantime is meaningless, hence it now doing almost nothing to move markets.
@Knobby22 Itend to agree with you Knobby. I don't think that The Trumpet really cares about too much except his own posturing as a "World Leader" with all the answers.3 months. Hope you are right.
I'm still thinking carnage. And it won't end easily.
"The major averages spiked on news that Treasury Secretary Scott Bessent told a group of investors Tuesday that there "will be a de-escalation" in the trade war with China. "No one thinks the current status quo is sustainable," he said Tuesday during a meeting with investors hosted by JPMorgan Chase, according to a person in the room. The meeting was first reported by Bloomberg News."
As stated moved my Super from stable to conservative last week. I think the USA now have grown ups in the room.
China is exerting pressure and let's face it, the USA will suffer more than anyone. China can last 5 years, USA can't even handle one Christmas.
Unfocused tariffs are just dumb. They aren't suddenly going to open billions of factories for low margin products within the USA.
and no one outside of the US will buy them!
They should look at what Biden did. Maximum China pain for little USA pain with the focus of moving certain industries to the USA or competition e.g. Vietnam.
Attacking allies simultaneously was dumb, dumb, dumb. All these former allies will also redirect trade, travel etc. to competition.
IMF are stating the obvious.
US growth forecast to be hit hardest from Trump tariffs, IMF says
The International Monetary Fund says US tariffs and market uncertainty will lead to a significant worldwide slowdown.www.bbc.com
"The major averages spiked on news that Treasury Secretary Scott Bessent told a group of investors Tuesday that there "will be a de-escalation" in the trade war with China. "No one thinks the current status quo is sustainable," he said Tuesday during a meeting with investors hosted by JPMorgan Chase, according to a person in the room. The meeting was first reported by Bloomberg News."
As stated moved my Super from stable to conservative last week. I think the USA now have grown ups in the room.
China is exerting pressure and let's face it, the USA will suffer more than anyone. China can last 5 years, USA can't even handle one Christmas.
Unfocused tariffs are just dumb. They aren't suddenly going to open billions of factories for low margin products within the USA.
and no one outside of the US will buy them!
They should look at what Biden did. Maximum China pain for little USA pain with the focus of moving certain industries to the USA or competition e.g. Vietnam.
Attacking allies simultaneously was dumb, dumb, dumb. All these former allies will also redirect trade, travel etc. to competition.
IMF are stating the obvious.
US growth forecast to be hit hardest from Trump tariffs, IMF says
The International Monetary Fund says US tariffs and market uncertainty will lead to a significant worldwide slowdown.www.bbc.com
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