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Posted
8 minutes ago, headshuck said:

The point is searching for negativity. Always.

That guy was searching for the gullible. That is why today he posted a graph from Wednesday, that ends before a 10% drop in two days.

I don't have to search for negativity when Trump is thruating it in our faces.

Drowning in data, but thirsting for knowledge

Posted (edited)
8 minutes ago, Wrestleknownothing said:

That guy was searching for the gullible. That is why today he posted a graph from Wednesday, that ends before a 10% drop in two days.

I don't have to search for negativity when Trump is thruating it in our faces.

thrusting, right?

(Fat OR uncooperating digits will do you in every time.😉)

D3

Edited by D3 for LU

Never argue with an idiot. They will only bring you down to their level and beat you with experience.

Posted

You have to account for inflation with asset prices.  The dow is at 38K now.  Inflation from those 2022 numbers brings us to where we are now.  That means we have essentially had no growth in real dollars since 2022. Trump has erased three years worth of market gains. 

Posted (edited)

How about EVERYTIME Trump talked about the Markets crashing?
Twice has a President had a 10% drop in the SPX. Bush Jr and Trump.
Bush Jr was coming into office and out of the Dot Com Bubble
Trump...was DURING a BULL MARKET.
And when the market drops 2200 points after dumping 1500 points and we wipe out 11 TRILLION in wealth...


Trump has said the Market was crashing dozens of times...and we've been in one of the strongest bull runs in US History...and you have Republicans, Dems and every Economics experts talking about the catastrophic impacts of Trump's tariffs and you want to play the whole, "how the DEMS use the market to fear monger?"

 

We are in a crash. You can zoom out father and it'll look less significant relatively speaking...it won't sound any dumber.

 

I owned Nvidia when it went from 320 to 120. Look at the chart, it's not so bad. It went back up to 1000, split and then 150(before now down to 92 after Trump). 

 

The hell with it, read for yourself. 

https://www.newsweek.com/trump-shares-video-claiming-hes-crashing-stock-market-purpose-2055675

Edited by scourge165
Posted
48 minutes ago, scourge165 said:

We are in a crash. You can zoom out father and it'll look less significant relatively speaking...it won't sound any dumber.

While you’re zooming out take into account what Trump’s goal is.  He has a plan.  

Posted (edited)
30 minutes ago, Offthemat said:

While you’re zooming out take into account what Trump’s goal is.  He has a plan.  

Ok. I am PRAYING that plan works out perfectly. I have zero faith in Trump's "plan" given what  everyone(figuratively, but the vast majority) of the people who worked with him in '16-20 said about him, but I'd LOVE to see this work out.

It's a plan that could save...a relatively minor amount(GDP growing at 3.8% as it was projected to vs contracting at nearly 3%) and turning the world...THE WORLD against us in an attempt to lower the interest rates on the 10 year.

 

It's a heavy handed attempt to intentionally harm the economy in order to strong arm Powell into cutting the rates(Which could be disastrous also if done prematurely)

They're also saying they're planning to raise the tax rates on millionaires to a top marginal tax rate of 40-41%. 

If it DOESN'T work out, you'll be saving MAYBE 50B over the next DECADE on the 10 year T-Bills while plunging the US into a recession that...if all the Countries that SAY they're going to form their own trade deals...which they are doing as we speak, his "plan" goes to hell. 

 

 

Finally...I don't believe he's got a plan. He shared his plan and then took an AI fake of Warren Buffett to say he thought it was brilliant(he did NOT, Buffett thinks it's as awful as everyone else does. 

Edited by scourge165
Posted
34 minutes ago, Offthemat said:

While you’re zooming out take into account what Trump’s goal is.  He has a plan.  

I mean...Jim Kramer isn't my guy for picking stocks and all of his little games, but we've heard from SOOO many economists, Nobel Laureates...Krugman, Historians over time.

 

The plan, I presume you mean is to work out deals with these Countries in the next ~4-5 days and try and find some trade deals, right?

 

Trump is saying that's not what he wants, but lets say it is. Lets say we "just" lost Japan, China, South Korea and they don't back down. Lets say we end up with "just," those three Nations. You're at best strengthening your biggest rival(or 2nd pending on where you rank Russia) and significantly weaken your influence on that region(and then Taiwan? How are we putting tariffs on Taiwan)?

 

Oh, and he's still planning on tariffs on Semiconductors(that was behind about half the market growth in '23 and '24), Pharmaceuticals, Timber(house I just built would have been about ~230-250K more under these tariffs vs Biden).

 

And then the tariffs were just based on...no rational reason. So PLEASE try telling me why everyone but Trump is right...not just now, but for the last 100 years? Seriously, I'll take it. 


I'd really prefer to not have the in-law suite in use at all times. 

 

Posted
7 minutes ago, scourge165 said:

The plan, I presume you mean is to work out deals with these Countries in the next ~4-5 days and try and find some trade deals, right?

He’s said this is not the plan.  I have a question, being as the selloff began immediately after his announcement, who was selling?  Who has been selling?

Posted (edited)
28 minutes ago, Offthemat said:

He’s said this is not the plan.  I have a question, being as the selloff began immediately after his announcement, who was selling?  Who has been selling?

Yeah, I know he said that is not the plan.

Then, there is no plan but tariffs and it's...mind bogglingly stupid.

Who has been selling? Everyone, but foreign money has been being pulled out of American Markets.

When you drop 4000 points on the SPX in 2 days, well over 20% in the Russell from ATHs(crushing small caps)....and I could go on, but...we all know these two days are among the worst market drops of all-time. In the top 5(1st in net loss)...everyone is selling.

No longer a risk-off trade, it's just a 'get out trade.'

 

But...go ahead and tell me who you think is?

Edited by scourge165
Posted
10 minutes ago, Offthemat said:

Jerome Powell said he’s not.

Ok...so you just told me about this big plan Trump has.

-You asked if "I know who's selling."

So I asked...what's the plan. You respond with NOTHING about the plan and "Jerome Powell's not."

I don't know where Powell said he wasn't selling his stocks. I do know where he said that they were going to be worse on inflation than expected.

I'd bite and ask where Powell said he's NOT selling the market, but...I don't care about what the head of the Fed says about his own personal portfolio. I mistakenly thought you had something to add. 

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