The previous single-day gain in the NASDAQ was around 760 or so (from memory). Today it is up around 1,900. Am sure BAGHDAD will give us a complete rundown later in the day.
He paused the tariffs on the countries willing to negotiate because the end goal was never the tariffs.
The one country that stood up to him I'd China and they got slapped with even higher tariffs.
You have no idea what's actually happening.
The EU, China, and Canada stood their ground. They are the biggest trading partners. Without them the US economy will be strained, at best. Trump backed down when challenged.
China may be the exception, but he has put unstoppable inflation into the US economy. It is there now and we will all feel it in a few weeks as shipments stay offshore or at the doc or get tariffs added to their cost.
This all could have been done by implementing a methodical plan that put the squeeze on trade imbalances, gave incentives for onshoring, encouraged investment in the US. Instead, Trump did what he always does: act without any plan based on his whim, then change course when it has unintended but predictable consequences.
Now he has alienated trade partners, caused instability in markets and supply chain, and caused unstoppable inflation.
You have no idea what you're talking about.
You're also on the instant gratification plan and Trump is on the 15 month plan.
We just witnessed the full Trump cycle. 1) Make horrible policy decision. 2) Create lot of pain. 3) Falsely claim problem is solved. 4) Reverse course. 5) Leave things worse than before. Rinse. Repeat.
remember when Republicans used to laugh off criticisms of trump, saying the whole problem was just mean tweets and he'd be fine policy wise?
And here we are, stocks crashing down 20%, US treasuries losing safe haven status and the world teaming up against us. 100% percent because of those policies. Not mean tweets.
The previous single-day gain in the NASDAQ was around 760 or so (from memory). Today it is up around 1,900. Am sure BAGHDAD will give us a complete rundown later in the day.
Where's Baghdad??????
Don't worry about Baghdad Agip - if the markets tank tomorrow he will assuredly be back whining and bellyaching about how bad the markets are doing.
Just for the grins, how 'bout waiting until the end of the trading day to see how things shake out? Yesterday morning's "the markets are up!" posts aged badly.
I’m sure we can all agree that Trump and his cronies have way too much integrity to be a part of any insider trading to front run both the meltdown and the bounce.
That would be wrong and would be caught by the SEC which was effectively closed down and neutered by Trump.
The EU, China, and Canada stood their ground. They are the biggest trading partners. Without them the US economy will be strained, at best. Trump backed down when challenged.
China may be the exception, but he has put unstoppable inflation into the US economy. It is there now and we will all feel it in a few weeks as shipments stay offshore or at the doc or get tariffs added to their cost.
This all could have been done by implementing a methodical plan that put the squeeze on trade imbalances, gave incentives for onshoring, encouraged investment in the US. Instead, Trump did what he always does: act without any plan based on his whim, then change course when it has unintended but predictable consequences.
Now he has alienated trade partners, caused instability in markets and supply chain, and caused unstoppable inflation.
You have no idea what you're talking about.
You're also on the instant gratification plan and Trump is on the 15 month plan.
Why not clearly explain this 15 month plan? Trump has not, so please cite your sources. Try refuting what I said and how it is wrong.
Companies are not going to be moving onshore in an unstable financial environment. Trump is creating instability and showing trade partners and investors that the rules can change any day. Who will invest in that climate?
We just witnessed the full Trump cycle. 1) Make horrible policy decision. 2) Create lot of pain. 3) Falsely claim problem is solved. 4) Reverse course. 5) Leave things worse than before. Rinse. Repeat.
You're describing your own daily emotional roller coaster because you're an unhinged overly emotional leftist.
Meanwhile, Trump is still on step one despite your hysterics. The fact that you thinks it's a horrible policy is a very good indicator that it's a good policy.
Trump just signed an executive order for his DOJ to investigate Chris Krebs. Trumps guy that said the 2020 election was secure!
“Chris Krebs… this is a man who weaponized his position against free speech in the election context… this instructs your department of justice.. to investigate..”
I’m sure we can all agree that Trump and his cronies have way too much integrity to be a part of any insider trading to front run both the meltdown and the bounce.
That would be wrong and would be caught by the SEC which was effectively closed down and neutered by Trump.
You're also on the instant gratification plan and Trump is on the 15 month plan.
Why not clearly explain this 15 month plan? Trump has not, so please cite your sources. Try refuting what I said and how it is wrong.
Companies are not going to be moving onshore in an unstable financial environment. Trump is creating instability and showing trade partners and investors that the rules can change any day. Who will invest in that climate?
They've laid their plan out. You live in a cult bubble so you're wholly unaware of it.
That's a you problem.
And let's not pretend you wouldn't rage about the plan no matter what it was because the orange man is involved.
I’m sure we can all agree that Trump and his cronies have way too much integrity to be a part of any insider trading to front run both the meltdown and the bounce.
That would be wrong and would be caught by the SEC which was effectively closed down and neutered by Trump.
4 hours before he truthed the new tariff plan he truthed "THIS IS A GREAT TIME TO BUY!!! DJT", signaling that a deal was imminent. The art of the deal
Trump WH capitulated not because of the stock market but because of surging rates on the bond market when Japan massively dumped huge volumes of its U.S. Treasuries—repeat, it wasn’t China—➡️it was a U.S. ally that decided enough is enough and dumped US govt bonds!
Just for the grins, how 'bout waiting until the end of the trading day to see how things shake out? Yesterday morning's "the markets are up!" posts aged badly.
we have basically stopped all trade with china, the second biggest economy in the world, we have 25% tariffs on cars, we have 10% tariffs on everything from everywhere.
trump surrendered without getting a single thing, and we're still in death-by-tariffland and no one trusts anything this country says or does.
how is walmart going to put anything on the shelves? How are any retailers going to survive this?
