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Another bigly losing day
Looks like it still has a ways to go, and get ready for inflation with the cost of nearly everything including food going up.
By your new iPhones and TVs now folks. I wouldn't wait. Might also be worth stocking up on essentials again ... toilet paper anyone? |
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We are very confident in the tariff and other DC programs. All will eventually (shortly we hope) benefit the citizens and taxpayers of the USA. If some simply research and listen to the plans, honestly, it would make sense. Our country has been taken advantage for many decades. Almost all countries have very high tariffs and VAT taxes on OUR goods. FINALLY bold action is being taken. Some folks here relish in some of the pains in this, even though (shortly we hope) our economy will take off. Short term pain for a great long term gain. |
If in the long run this puts the US in a better position vis a vis world trade this will all be worth it.
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I am as happy as a clam. Time to raise rents just a tad!
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This aged well - Dow just hit 40,000
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I am not an economist but from what I have read, it would be better for the world if there were no tariffs (or at least lower tariffs).
I think that is what the US is trying to achieve. |
Dow could gain 3,000 points
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"Another bigly losing day"
Jus wait five minutes |
Looks like the tariffs were paused except for on China.
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If my stockbroker had told me this would be "another bigly losing day" I would fire him on the spot. S&P was only...(lol) up a little over 9-1/2%. Geez Louise!
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Heck of a Cat
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The real winner was Tesla with a 18.5 percent gain in one day. |
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:spoken: FredF |
We all need to put our big boy:big girl pants on. The more you understand history, the more you will know that tariffs are the smart way to go. We didn’t make this mess, but it has to be cleaned up. So yes, a lil teething pain, but the results will more than be worth it. Vs the way things have been going. Corruption running amuck.
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the tariffs on USA in this chart are Grossly Inflated PRETTY MUCH the same way a man-child career grifter used aa sharpie to extend hurricane path !! |
Up down red green doesn’t mean much to me I’m on a pension and every day more of my grandkids inheritance gets eaten by the video slot machines so oh well.
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Do the math, none of the plans nor the numbers add up locally nor globally for any measure of success.
And one wonders how casinos, which have the odds in their favor, can go bankrupt. The measure of success by the home team with home town rules, might be the number of foreign countries which reduced tariffs, but the cost dollars might not add up in total. Don't be tricked with Simpson's paradox. However, taking a grifter's/manipulator's/crook's/criminal's words literally, instead of using historical behavioral patterns, can be very risky to one's wealth. . just watch the bond market for clues. Less bad may still not be good. Any failed treasury auctions will be not good for the stock market. . watch the interest rates on the 10 yr and the 30 year interest rates. . Remember Bessent was in the room when Soros broke the Bank of England. He knows a trick or two about international economics, as well as both growth and bankruptcy strategies. There are 3 years 10 months left of this. . and watch Bloomberg, not CNBC, where one of Bloombergs guest actually said in an interview, that he prefers Bloomberg where he doesn't have to read a script. |
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The CNBC halftime show is usually somewhat informative and I enjoy Squawk Box(6-9 AM) for the entertainment. Can't stand Cramer though.
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