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China First it isGot damns Xi is a ing G
Dump ed around and found out
DJIA futures off 5% now, I think 7% is limit down for futures
China First it isGot damns Xi is a ing G
Dump ed around and found out
Black Mondays taken, it should be called orange Monday
4D CHESS LONG GAME
this up could be of sufficient magnitude to re Trump's fascistic consolidation of power or even throw it off track
when you start ing with rich people's expected ROI, gets real in a hurry
yes, but maybe not in the sense intended
pap for undiscriminating palates
does anyone really think 2019 was the best economy ever?
not rhetorical
Two of the biggest lies going around today…
1) trump had a great economy …trump knows how to blah blah because he proved it in his first term…
(complete bull - he fumbled covid and the economy tanked and a million dead from covid….no one dared go outside…no one but illegal immigrants at work…food lines ….food banks helping people get food…total collapse)
2) “our country has been ripped off by our terrible trade deals…our leaders made terrible deals…lie lie blah blah)
(richest country on the planet so no one ripped the usa off…just utter bull …and zero chance mfgng industry returns when they can get cheap labor and zero union issues by keeping their companies overseas…they would rather close up shop than return to the usa and pay real wages, give union contracts out, pay for healthcare, smoke breaks, maternity leave, etc)
only complete ing morons swallow those two lies…and continue to demonstrate that stupidity never dies in maga land…
Whenever the SM went to those years he got the FED to cut rates and if he does that now with inflation where it is we're super ed. And he wanted Powell to do it Friday, and he's going to bring it up tommorow
It's being peddled still by Fox News, AM right wing radio talking heads and Podcasters that just will not ever admit they were wrong about Trump.
So they keep spinning the 'hold the line' bull
When people finally come around to realizing it's all a giant grift, it may be too late.
Having created an emergency, Trump will attempt to preside over its resolution and demand Powell get behind his policy preferences too
Trump misses the zero-bound interest rates of QE1, QE2, QE3...etc
Credit money was relatively cheap for a solid decade
complete utter bull - and the two latest excuses…
1) 50 countries have called and begged the white house for “deals” which will be a yuge win…
except for the exact opposite excuse…
2) trump is bringing manufacturing back to its golden age….
so if you start making deals…manufacturing is not coming back- its just money to go into trumps account…
cannot have both…
make “deals” - you cancel manufacturing coming back
dont make deals - manufacturing might one day come back…in about 25 years
Rep. Don Bacon (R-NE) has a bill to return tariff authority to Congress. If it were to pass, the purposeless tariffs would end. Speaker Johnson is blocking it. Call your member of Congress, R or D, & urge a discharge pe ion on the bill, which forces a vote.U.S. Capitol switchboard: 202-224-3121.
https://edition.cnn.com/2025/04/06/b...ffs/index.htmlDow futures tumble as the massive market sell-off continues
The tariff-induced market mayhem isn’t over just yet.
US stock futures plunged Sunday evening after two sessions of sell-offs that wiped away over $5.4 trillion in market value. Stocks were set to open sharply lower Monday, putting the S&P 500 on the precipice of a bear market — a decline of 20% from its peak and an ominous sign for investors and perhaps the broader economy.
Dow futures were down 1,250 points, or 3.3%. S&P 500 futures fell 3.7%, while Nasdaq futures tumbled 4.6%. Asian markets tanked: Japan’s Nikkei fell 8% at the open.
The price of US oil fell more than 3%, sinking below $60 a barrel for the first time since April 2021. Oil prices have been in a freefall as investors fear tariffs could plunge the global economy into a recession that would sap demand for flights, shipments, transportation and travel — all activities that require fuel.
Bitcoin joined the declines, too — falling 5.6% to $78,736.93. Bitcoin had surged above $100,000 shortly after Trump was elected in the hopes that he’d help boost support for cryptocurrencies.
...
Goddam this idiot inherited a ing bull market
^^^
"....The nonpartisan Tax Foundation said the average American household will pay $2,100 a year more for goods because of the significant universal and reciprocal tariffs Trump announced Wednesday. It said America’s average import tax will surge to 19% this year from 2.5% last year — the highest rate since the Smoot-Hawley era in 1933. Fitch Ratings said the rate would rise even higher, sending America’s effective tariff rate to its highest level in more than a century....."
HOLD THE LINE 4D CHESS LONG GAME ART OF THE DEAL
Nikkei hit the circuit breaker pretty early so i wonder how long it will take for the NYSE to hit it when it opens.
Look at the foxxcon plant for how his deals end up working out. Part of the uncertainty is that the administration keeps touting the taffifs as long term replacements not just extortion. IE tarrifs will allow "no tax on tips" so if that's the case no amount of negotiating will turn them off cause it sounds like they are now pricing them in
Morgan Stanley: “Investors should not expect the Fed to save the economy from recession. The problem is timing: tariffs tend to boost inflation after a couple months and then slow growth after a couple quarters.”
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