When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.
“I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”
And in his second term, he has promised that trend would continue.
“The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.
Opps.
But after stocks began a downward spiral last week on fears Trump's use of tariffs will tip the United States into a recession, his tone has changed.
“You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News....
Flip-flop DonOLD.
On Monday, stocks sank further, erasing all of their gains since Trump’s election. The S&P 500 had its worst day since September, and shares of technology companies were among the hardest hit as the Nasdaq had its biggest one-day drop since 2022, wiping out $1 trillion in value....
I realigned my portfolio yesterday from moderate risk to low risk (16% equity). A week late , but at least I've captured the Biden gains until the election.
Trumpcession now? He crashed the markets with his poor pandemic management, too. DonOLD is bad for business.
Someone teach him a new word, or give him a presidential busy board so he can pretend to be president.
Sounds like cars are about to be super expensive if he follows through with the threatened automative tarrifs Winning!
I will shortly be declaring a National Emergency on Electricity within the threatened area. This will allow the U.S to quickly do what has to be done to alleviate this abusive threat from Canada. If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada.
There's going to be a lot of "National Emergencies" in our future.
Eamus Catuli~AC 000000000101010202020303010304 020405....Ahhhh, forget it, it's gonna be a while.
A tariff is paid by the company importing the tariffed good. It's not paid by the company exporting the product. Ergo, it's essentially a tax paid by the American company.
A tariff is paid by the company importing the tariffed good. It's not paid by the company exporting the product. Ergo, it's essentially a tax paid by the American company.
It's actually worse than that.
"He is actually not implementing tax hikes," Leavitt said. "Tariffs are a tax hike on foreign countries that, again, have been ripping us off. Tariffs are a tax cut for the American people, and the president is a staunch advocate of tax cuts."
A tariff is paid by the company importing the tariffed good. It's not paid by the company exporting the product. Ergo, it's essentially a tax paid by the American company.
It's actually worse than that.
"He is actually not implementing tax hikes," Leavitt said. "Tariffs are a tax hike on foreign countries that, again, have been ripping us off. Tariffs are a tax cut for the American people, and the president is a staunch advocate of tax cuts."
Never, ever underestimate the stupidity of the sickophants.
These are all easily verifiable facts. It's not even a matter of untangling some complex abstract principle that results in multiple interpretations. It's an incredibly simple, easily confirmed, fact.
These are all easily verifiable facts. It's not even a matter of untangling some complex abstract principle that results in multiple interpretations. It's an incredibly simple, easily confirmed, fact.
Scream louder and more often.
Eamus Catuli~AC 000000000101010202020303010304 020405....Ahhhh, forget it, it's gonna be a while.
Dow Jones keeps dropping. S&P 500 nearing correction territory. Nearly 10% down over the last month.
I wonder what could be causing this. Could it be the constant uncertainty? A senile boy-cum-president having constant meltdowns like that of a melodramatic angsty teenager on his social media account that the world keeps tabs on? The whiplash of flicking the tariff on/off switch?
Nobody will ever know.
Last edited by Whack9 on Thu Mar 13, 2025 12:21 pm, edited 1 time in total.
Nervous and/or panicked investors. Can't imagine what could have caused that.
Like the "bank runs" that used to occur with a whiff of bank failure. Herd mentality, lemmings, whatever, but some Trumpster mouthpiece saying "there, there, it's all ok" isn't going to help.
Last edited by O Really on Thu Mar 13, 2025 12:22 pm, edited 1 time in total.
"These policies are the most important thing America has ever had," Lutnick told CBS News in an interview when asked whether they would be worth it if they lead to a recession. "It's worth it."
But he quickly added, "The only reason there could possibly be a recession is because the Biden nonsense that we had to live with. These policies produce revenues. They produce growth. They produce factories being built here."
I had nearly forgotten about the nonsense about Haitians eating peoples' pets in OH.
Good point.
, but at least I've captured the Biden gains until the election. 
Opps.
