Banzai Posted April 4 Posted April 4 You guys think it’s odd that FoxNews doesn’t have a single story on the market and removed their stock ticker? Or is that how fair and balanced news looks?
HeloDude Posted April 5 Posted April 5 43 minutes ago, Banzai said: You guys think it’s odd that FoxNews doesn’t have a single story on the market and removed their stock ticker? Or is that how fair and balanced news looks? Not a “single” story…yet I just went to their website. But I’m sure you’ll have some excuse to somehow say you were correct: 1 1
brabus Posted April 5 Posted April 5 19 hours ago, Pooter said: businesses need some stability and predictability before they go sink millions and billions into new domestic production capacity So far this year businesses have committed to ~ $1.5T over the next 4 years and that number goes to ~ $3T when you add in the 10 yr UAE commitment. This isn’t a disagreement with the overall premise of your post, but frankly I’m in wait-and-see mode because it is not the “sky is falling” scenario that people are screaming about. Though I do understand some of your points and the long term direction of big payoff (or free fall) is unclear.
Pooter Posted April 5 Posted April 5 (edited) 11 hours ago, HeloDude said: Update on your Vietnam tariff discussion: https://www.cnbctv18.com/world/vietnam-wants-to-cut-tariffs-down-to-zero-after-us-reciprocal-tariffs-trump-says-19584921.htm Art of the deal. Thank goodness we have such a shrewd negotiator at the helm. In other news.. the rest of the indo pacific including two of our strongest allies in the region Japan and Korea have vowed to strengthen economic ties with China. https://www.reuters.com/world/asia-pacific/south-korea-china-japan-agree-promote-regional-trade-trump-tariffs-loom-2025-03-30/ Sick. But at least our shitty t-shirt prices won’t go up. Edited April 5 by Pooter 1
HeloDude Posted April 5 Posted April 5 (edited) 6 hours ago, Pooter said: Art of the deal. Thank goodness we have such a shrewd negotiator at the helm. In other news.. the rest of the indo pacific including two of our strongest allies in the region Japan and Korea have vowed to strengthen economic ties with China. https://www.reuters.com/world/asia-pacific/south-korea-china-japan-agree-promote-regional-trade-trump-tariffs-loom-2025-03-30/ Sick. But at least our shitty t-shirt prices won’t go up. But, but… So you cared enough to specifically mention Vietnam a couple days ago, but now it doesn’t matter to you since it doesn’t support your original argument. For the record, I don’t know how Trump’s tariff strategy is going to work. He has a little over a year to show the rest of us that it worked, and if not, I imagine the GOP will do pretty bad in 2026. And if Trump still can’t turn it around by 2028, then the Dems will most likely be fully in charge by a healthy margin, until the next crisis occurs. I’m older enough to remember in 1993 when the Dems thought they were unstoppable, but then got a huge reality check in the 1994 election, but then Clinton still won handily in 1996. Similar to what happened in 2008…Dems thought they were unstoppable, but then 2010 and 2014 (and of course 2016) happened. So BL: We’ll have to wait and see. Edited April 5 by HeloDude
SocialD Posted April 5 Posted April 5 14 hours ago, SurelySerious said: This screenshot is an example of how some have the ability to create some insane wealth. Choose wisely.
Sua Sponte Posted April 5 Posted April 5 21 minutes ago, SocialD said: This screenshot is an example of how some have the ability to create some insane wealth. Choose wisely. Yeah, they're called billionaires. This was their intended plan. Next up, claim the government doesn't work, so let's privatize it. 1
SocialD Posted April 5 Posted April 5 2 hours ago, Sua Sponte said: Yeah, they're called billionaires. This was their intended plan. Next up, claim the government doesn't work, so let's privatize it. Plenty on here have the opportunity to capitalize on this opportunity. The Covid dip was a big help in working toward my "number." This is just another opportunity to take advantage where you can. 1
Smokin Posted April 5 Posted April 5 This whole "no taxation without representation" thing seems to be extraordinarily poorly thought through. The President is an elected official representing the entire US, so if he decides to implement tariffs, what part of that is "without representation"? There are plenty of things to complain about with tariffs, but trying to claim that it is taxation without representation seems to me to be willful ignorance of the worst type. I'm very much on the fence with the tariffs overall. The automatic reciprocal tariffs seem to be a no brainier and I'm mildly surprised that isn't a continual policy regardless of who is in power. One interesting take I read that I think is very possible, is that this is attempt to reign in our national debt. A significant amount of our debt comes up for payment or refinance next year and with interest rates higher than they've been since our debt skyrocketed, it is only going to get worse. One way the President can influence interest rates is economic stability. Instability drives more investors to hedge their money in T-bills, which will drive down their rate, which will drive down interest rates. At the same time the tariffs will likely increase production at home which will eventually drive economic growth which will increase the tax collected. Certainly a gamble if that is the play but not out of line with Trump's past actions. The flip side of the coin is we must find ways to reduce our spending and very few seem to be genuinely interested in that. DOGE has fixed some leaky faucets that needed to be fixed, but meanwhile we have a couple spigots out back that are on full blast. 1
disgruntledemployee Posted April 5 Author Posted April 5 10 hours ago, Smokin said: Stocks are on sale, time to buy! People have been doing that, but they keep dropping.
arg Posted April 6 Posted April 6 1 hour ago, SurelySerious said: I got made fun of for posting a quote from there. 52 minutes ago, disgruntledemployee said: People have been doing that, but they keep dropping. PM me when they hit bottom 1
Smokin Posted April 6 Posted April 6 @SurelySerious Dude, up to this post you have 7 of the 9 posts on this page. I suggest an internet break. And with that suggestion, I'm done with this thread. Memes and movie quotes are great in the WTF and Boobs and beer threads but are absurdly shallow and usually grossly inaccurate for actual conversations. Now, I'm off to go buy more stocks since the sale keeps getting better. 1
Boomer6 Posted April 6 Posted April 6 @Moderators Just curious how many Twitter links back to back can a member post with zero comment and no value added to the forum before it's determined to be spam? 2 1
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