Stocks plummet after hot inflation report

[LMAO]

This is why I’m not getting distracted by Trump‘s third term comments. This stuff is more immediate and important and the third term is not going to happen.

Unless Trump has a massive shift in policies in the next year or two like Bill Clinton did after the 94 midterms, it’s unlikely we’ll see any republican take the White House in 2028

The irony is Trump will probably ultimately be the one that kills his MAGA movement. When democrats are winning or coming close to winning in heavily GOP areas in special elections since Donald Trump, especially when the party overall has a 27% favorable rating, it doesn’t bode well for GOP electoral prospects next year

[Wingnut]

It's all doom and gloom with the never trumpers round here.  Show us where the bad orange man hurt your wallet. 

[LMAO]

It's all doom and gloom with the never trumpers round here.  Show us where the bad orange man hurt your wallet.

Donald Trump was asked yesterday by a reporter about the possibility of the economy, slipping into stagflation and his response told me he doesn’t know what stagflation is

If this was happening under Biden, I have no doubt that you would be joining us in our criticism.  Gas is now up to $3.29 where I live and inflations on the rise. That’s how bad orange man is going to hurt people‘s wallets

Dismissing people’s economic concerns is exactly what cost the Democrats in 2024 and the GOP and Trump will not be immune from people’s wrath if they continue down the same path


But you continue making  fun of people’s economic anxiety, and say hello to President AOC in 2028

[kevindavis007]

It's all doom and gloom with the never trumpers round here.  Show us where the bad orange man hurt your wallet.

How dare we question your Orange Dear Leader.

[kevindavis007]

Congress should revoke the power of the President to levy Tariffs

https://twitter.com/ericadyork/status/1906422437400441009

[Wingnut]

Donald Trump was asked yesterday by a reporter about the possibility of the economy, slipping into stagflation and his response told me he doesn’t know what stagflation is

If this was happening under Biden, I have no doubt that you would be joining us in our criticism.  Gas is now up to $3.29 where I live and inflations on the rise. That’s how bad orange man is going to hurt people‘s wallets

Dismissing people’s economic concerns is exactly what cost the Democrats in 2024 and the GOP and Trump will not be immune from people’s wrath if they continue down the same path


But you continue making  fun of people’s economic anxiety, and say hello to President AOC in 2028

Y'all have lost your mind. You sound like you are getting your talking points from MSNBC and CNN.   

Gas is up slightly...we are still under 3 here in the panhandle. Eggs are down bigly. under 3 also.   

[LMAO]

How dare we question your Orange Dear Leader.

Trump and his cult may not care about rising prices. But I can guarantee you that the voters will. Dismissing the economic anxieties of voters or making fun of them is a guaranteed path to electoral wipe out. I’m sure the Democrats can vouch for that after their loss in 2024. Instead of addressing the concerns that people had over the economy, they chose to mock them and call it Bidenomics. There was a commercial here in Wisconsin near the last week of the campaign with Harris saying she’s proud of Bidennomics

You can already see this starting to take shape in these special elections since Trump has taken office despite the fact that the Democratic Party has a favorability rating in the 20s.

 It’s not too late for Donald Trump to change directions. It will be after next year’s midterm elections.

 

[LMAO]

Y'all have lost your mind. You sound like you are getting your talking points from MSNBC and CNN.   

Gas is up slightly...we are still under 3 here in the panhandle. Eggs are down bigly. under 3 also.

This sounds eerily similar to when hotdogs dropped  slightly in price when Biden was president and they were all orgasmic over that despite the fact that people were still  paying more for everything

You’re also doing exactly what the Biden/Harris  did and that is to claim that people’s economic anxiety was caused by the media. But you go ahead and continue what you’re doing and don’t say that you weren’t warned

Then again we could go into deflation and that will help bring down prices, but it’ll also  trigger a recession or a Depression so you might get that out of the deal

[LMAO]

Congress should revoke the power of the President to levy Tariffs

https://twitter.com/ericadyork/status/1906422437400441009

This might be the beginning

https://www.newsweek.com/donald-trump-tariffs-don-bacon-republicans-2051743


Trump believes that if prices go up on imported cars, it’ll force Americans to buy American made cars. This is a guy who has failed that pretty much every business adventure he’s tried making this statement

What will happen people will hang onto their cars longer. But the price of parts will go up and their auto insurance will go up also. So why would anybody make cars that nobody’s buying? Both Donald Trump and progressives don’t seem to grasp human nature and the pursuit of their own self interest.


When it comes to economics, MAGA and the left share the same mindset

[kevindavis007]

Maybe MAGA should listen to the Gipper:




(1) Pradheep J. Shanker, M.D. on X: "This is why Reagan will always - ALWAYS - be the GOAT." / X

[cato potatoe]

Congress should revoke the power of the President to levy Tariffs

They will come under heavy pressure to do so.  Navarro wants to raise $6 trillion from tariffs.

[kevindavis007]

This sounds eerily similar to when hotdogs dropped  slightly in price when Biden was president and they were all orgasmic over that despite the fact that people were still  paying more for everything

You’re also doing exactly what the Biden/Harris  did and that is to claim that people’s economic anxiety was caused by the media. But you go ahead and continue what you’re doing and don’t say that you weren’t warned

Then again we could go into deflation and that will help bring down prices, but it’ll also  trigger a recession or a Depression so you might get that out of the deal

MAGA doesn't care that White Collar employees or service employees can lose their jobs.

[LMAO]

MAGA doesn't care that White Collar employees or service employees can lose their jobs.

MAGA will care about and parrot whatever Donald Trump tells them.

Imagine the reaction they would have if Biden said he didn’t care if prices went up or if Biden threatened an industry against raising prices as an adjustment to his policies

Just  keep in mind that MAGA is simply a cult. Nowhere on this earth, except for this administration, which is repeated by Trump’s in over her head press secretary, will or has ever claimed that tariffs are actually a tax cut for the American people.


If Trump came out today and said “why are we fighting amongst ourselves? A trade war will only hurt all of us. Let’s sit down and talk and let’s come to an agreement that will be beneficial to all” that would be a massive shift in the right direction. It would calm Wall Street jitters, and the business communities anxieties.

But he won’t.

[catfish1957]

It's all doom and gloom with the never trumpers round here.  Show us where the bad orange man hurt your wallet.

Have hardly been in that category.  I have supported the Trump tariff agenda as a means of leveling the trade playing field, but what we saw from the Oriental block  yesterday it  concerns me.   If these tactics are applied world wide by various regional areas  Trump will be playing a game of Gulliver's Travels, and will turn the  economic world into Liliput....we won't win.   My angle and thoughts are 5-15 years forward, and if we make ourself an economic island, the long term consequences aren't good.  In fact our status as World Reference Currency will very likely end.

But to your other point on the wallet.... 
Impact to me was minimal  thus far.  Monthly check showed portfolio down 0.159%.  But I don't expect many bad months, unless we get  something like '87, '00. 09, or '20.  I'm flexible on support here, but Trump better pull an Ace, if he wants to pull this off.  Because if he loses me, I am sure he loses many other  economics minded people also.

[LMAO]

They will come under heavy pressure to do so.  Navarro wants to raise $6 trillion from tariffs.

And I have a hunch that that pressure will ramp up if Democrats continue to either win or come too close for comfort in many of these strongly GOP districts in these special elections

Republicans in Congress will have it worse because the two choices they have will be to either continue to follow  Trump down this path  but risk losing their jobs in Congress or oppose Donald Trump on this  but risk losing their primaries

[DefiantMassRINO]

Bitcoin and Gold are both up.
The ^VIX is at 23.05.
Treasury Yields are falling.

Stocks are falling out of favor as an asset class.  Investors are getting out of the way of the falling knives.

Trump's bombast is counter-productive for diplomacy as no nation wants to be seen as 'America's Next Bitch'.

[catfish1957]

Bitcoin and Gold are both up.
The ^VIX is at 23.05.
Treasury Yields are falling.

Stocks are falling out of favor as an asset class.  Investors are getting out of the way of the falling knives.

Trump's bombast is counter-productive for diplomacy as no nation wants to be seen as 'America's Next Bitch'.

Few realize that on a macro-scale the price of gold is the ultimate benchmark of a currency, and hence an ecomomy's worth and standing  It's doubled now in the past 10 years.  Extrapolate accordingly.

If and when the $USD is no longer the reference currency is really when the SHTF.  If Trump's stategy fails, that demise will be accelerated.

[Timber Rattler]

It's all doom and gloom with the never trumpers round here.  Show us where the bad orange man hurt your wallet.

My wife just lost a major supplier from Denmark last week because of "Trump."

[catfish1957]

My wife just lost a major supplier from Denmark last week because of "Trump."

Sorry to hear that.  No chance of a competitive domestic choice, or are those items that have a certain level of specialization?

Or was it just anger at Trump?

[DefiantMassRINO]

The price of gold is a bad omen for King Dollar.

Tariffs are only effective as a bargaining chip if there are domestic alternatives to imports.

For many industries and markets, so few domestic alternatives exist in the US, it will lead to inflation, supply disruption, and export disruption as other nations retaliate.

Too much supply has moved overseas for domestic alternatives to make up the slack from tarriffed imports.

The better approach is to make the US a more favorable place to manufacture and to have Government procurement contracts give preference to domestic supply versus imported supply.

Give industries a reason to buiild in the US.  We don't care if the American auto plant is owned by BMW or Toyota, we just don't want it to relocate to Canada or Mexico.

IT offshoring was a big loser for the Federal Govrnment - lost jobs, lost wages, lost payroll taxes, knowledge transfer of competitive advantages, etc.

[Wingnut]

My wife just lost a major supplier from Denmark last week because of "Trump."

If only Demark would sell Greenland, your wife wouldn't be out a supplier.

[Timber Rattler]

Sorry to hear that.  No chance of a competitive domestic choice, or are those items that have a certain level of specialization?

Or was it just anger at Trump?

Nope...its specialized non-ChiCom/Danish-manufactured merchandise of a Viking theme.  Spring order canceled because of Trump's bellicosity against Denmark over Greenland.  The supplier was quite clear about that in its email.

I'll bet that my wife wasn't the only small business owner who got such an email from European suppliers.

Thanks Trump!

 

[Timber Rattler]

If only Demark would sell Greenland, Trump would stop threatening Denmark your wife wouldn't be out a supplier.

Fixed.

[Free Vulcan]

Good investors obsess by watching, tracking, diversifying, and adjusting  nimbly enough to thrive in any market.  If you didn't .....   that's on you.

So no I am unapologetic on this matter. No personal capital that is needed enough to live on, should ever be placed in equities.

Darn straight. It's the market, not an insured CD.

[catfish1957]

Darn straight. It's the market, not an insured CD.

Its become scary how many regular people are viewing a bull market as an entitlement.  That 30-50% correction is inevitable, and I truly pray that there are little or no folk out there who are putting their ability to pay their bills by underwriting them with equities.   

Gravity is inevitable.  And I hope not only are all prepared, but are ready to jump back in as investment opportunities.  The best time to invest is when the masses are heading toward  the exits.