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DJIA futures suggest a 900 point down opening tomorrow
DJIA futures suggest a 900 point down opening tomorrow
With Trump doing his taco thing, the market might go up
I've survived the financial crisis and covid. I'm retiring at 56.
I don't think you understand the market
Massive gains next week
It's weird that the left wants a crash
i'm not suprised at all...democrats hate America....always have. Look at the presidential attempts on their life...Trump(republican) twice....Reagan(republican)....Lincoln(republican) ...Garfield(republican)...McKinley(republican).... democrats are a cancer to society....and that is fact. Let me hear from democrat posters about all the attempts on democrat presidents.....
You never heard of JFK?
holy you're a ing moron.
There were also attempts on Roosevelt, Truman, Clinton and Obama.
Why are you the stupidest person alive?
Trump is driving the economy and the country into a ditch, that doesn't mean I want it or like it
it's crazy that one demented guy posting to social media whipsaws the market like this -- Dow futures now up 400 points
I know you don't understand anything of what Trump is doing other than creating lib tears for you to enjoy.
Yup. Darrin is too stupid to understand how Trump doing his taco dance for China affects the market.
Womp womp
^ just here to up his post count
Darrin's an airhead
Bought 3 ETFs on Friday. Dumb luck. That 150k investment will be a nice bonus in 20 years.
said the poster with an IQ of a plastic house plant.....
https://fortune.com/2025/10/14/ameri...-debt-tariffs/America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky
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But Kelly cautioned: “It’s worth pausing here to consider this number. The total federal debt in the hands of the public is now almost $30.3 trillion or, we estimate, 99.9% of GDP. Starting from these levels, if nominal GDP grows by roughly 4.5% going forward, (comprised of 2.0% real growth and 2.5% inflation), then any budget deficit north of 4.5% will cause the debt-to-GDP ratio to rise. Under our assumptions, the debt-to-GDP ratio climbs from 99.9% on September 30th, 2025, to 102.2% of GDP 12 months later.”
Debt is likely to rise even quicker than this, he added.
On tariffs, for example, there are still questions about the legalities of Trump’s action. If they are overturned by the U.S. Supreme Court, “this would, at a minimum, force the administration to go back to the drawing board to impose replacement tariffs under some other authority or by sending a bill through Congress. Moreover, it could force substantial refunds of tariffs already paid in recent months,” Kelly added.
Moreover, these estimates are reliant on “no recession and no need for other major spending on domestic or international priorities.” Questions about whether the U.S. may already technically be in a recession in some states are growing. Kelly adds: “Because of all of this, a deficit equal to 6.7% of GDP should probably be regarded as a low-ball estimate of this year’s red ink.”
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just keep staring at your own belly button and ignoring everything else
https://www.theguardian.com/business...ssions-economy‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans
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The wider fear – and the one causing consternation among investors – is what the troubles inside this one market might indicate about broader pressures rippling throughout the wider economy. “Distress in auto lending broadly is often seen as a bellwether to changing cir stances in the US economy, because Americans particularly in the lower-income brackets tend to put their highest priority in auto payments,” said Brett House, an economics professor at Columbia Business School.
“Having a car is essential to being able to work,” he added. “So when we see stress in the auto financing market, we typically receive that as an indication that household finances are getting tighter.”
An estimated 100 million Americans hold auto loans, with 85% of new car purchases and 55% of used car purchases financed. It is the third-largest consumer credit market in the US, behind mortgages and student loans.
Problems in the auto loan industry have been manifesting for several years, as car prices rose sharply during the Covid-19 pandemic while inflation soared and interest rate increases followed. Paying off a new car required 42 weeks of income in 2023, according to Cox Automotive, up from about 33 before the pandemic.
High prices meant bigger loans. The average monthly repayment now stands at more than $750.
Car repossessions surged to their highest level since 2009 last year, according to Cox, with 1.73m vehicles seized, up 16% from the year prior and 43% from 2022.
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split-screen economy
pretty good for the top 10%. kinda sucky for the rest of us
Can't understand why its not crashing. Pity
the US economy is pretty strong, Trump isn't helping it
My retirement account is out earning me. Time to quit
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