THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN!!!
CO Gov:$3T in market value lost today, $8T over the last few weeks
Tom Malinowski, a former Congressman (D-NJ): "The Heard Island and McDonald penguins have been taking advantage of us for too long - it's about time we stood up to them!"
Tweet: "Oh, the poor penguins. This will definitely put inflationary pressure on the price of fish."
Ian Dunt, a columnist for the British publication iNews, found himself shocked and aghast at the economic self-destruction that President Donald Trump is leveling on his own economy.
In his latest piece, Dunt remarked of Trump's big tariff announcement this week that "this is what empires look like when they fall" and then went on to describe damage being done by the president.
"This might be the single stupidest thing any of us will ever see," Dunt argued. "It is stupid in every way: presentationally, intellectually, politically, methodologically, morally and of course economically. The word stupid doesn’t really suffice for the full level of idiocy we’ve now reached."
... "It looked like something out of US daytime television – those garish cheaply produced shows where you can win a cash prize if you spin a wheel," he remarked. "You half expected a showgirl to appear behind the American flags, draped over a tariff quota rate. That’s what he is really: a cheap knock-off daytime TV presenter."
As if that weren't bad enough, Dunt continued, "The numbers on the chart were pure gibberish."
... "It’s hard to state just how nonsensical that actually is," he wrote. "You might as well divide the numbers of apples in your kitchen by the number of bagels and use it to calculate your mortgage rate. To criticise it on political or economic grounds is too generous. It operates below the level of rational thought."
Sen. Thom Tillis (R-NC), who added: “Anyone who says there may be a little bit of pain before we get things right, they didn’t talk about farmers who are one crop away from bankruptcy.”
Ok, so two points that a lot of Trump voters I spoke with prior to the election were very concerned with were
1) High interest rates
2) High prices / inflation
Trump just randomly, and for no reason, made #2 really bad. Inflation doesn't appear to be abating. Some say we're heading towards stagflation.
One of the ways stagflation was combatted in the past was by raising interest rates. So much for point #1. Interest rates were raised significantly as well.
So basically, the Trump voters I spoke with a few months back are getting the opposite of what they voted for. Lmao.
I bet counter tariffs from other countries will be announced this weekend or next week pushing it even lower.
Yep. China matched DonOLD with a 34% tariff today.
It looks like my IRA lost 2.5% thanks to DonOLD before I hopefully stopped the bleeding a month ago. He did well among the elderly and some of them have taken a huge hit to their retirement accounts. Opps. I guess there won't be a shortage of Walmart greeters.
I bet counter tariffs from other countries will be announced this weekend or next week pushing it even lower.
Yep. China matched DonOLD with a 34% tariff today.
It looks like my IRA lost 2.5% thanks to DonOLD before I hopefully stopped the bleeding a month ago. He did well among the elderly and some of them have taken a huge hit to their retirement accounts. Opps. I guess there won't be a shortage of Walmart greeters.
His first administration still had plenty of competent adults to shepherd him and stop his more stupid ass decisions. This time around not the case. Reality seems like it's gonna bitch slap his stupid fat ass. He'll just outright deny everything or shift blame or make up some bullshit. I hope I'm wrong though and things level out.
I bet counter tariffs from other countries will be announced this weekend or next week pushing it even lower.
Yep. China matched DonOLD with a 34% tariff today.
It looks like my IRA lost 2.5% thanks to DonOLD before I hopefully stopped the bleeding a month ago. He did well among the elderly and some of them have taken a huge hit to their retirement accounts. Opps. I guess there won't be a shortage of Walmart greeters.
His first administration still had plenty of competent adults to shepherd him and stop his more stupid ass decisions. This time around not the case. Reality seems like it's gonna bitch slap his stupid fat ass. He'll just outright deny everything or shift blame or make up some bullshit. I hope I'm wrong though and things level out.
Sort of. The losses today or the last two days were the steepest since, you guessed it, 2020 when Dolt .45 was mismanaging the pandemic response with stupid ass decisions.
Trump reposted a link on his Truth Social platform Friday morning to the minute-long video which opened: “Trump is crashing the stock market…this month, but he’s doing it on purpose.”
...
According to the video, which traces back to a March 15 post from a TikTok account with less than 18,000 followers, Trump is making a “wild chess move” and playing a “secret game” to “force” the Federal Reserve to lower interest rates and refinance a chunk of the federal government’s $36 trillion in debt “very inexpensively.”
Glad DonOld and all his talking heads spent the weekend calming everything down.
Djia futures are taking it well.
Last Trade Change Change in %
36,800.0 -1,514.9 -3.95%
Let's entertain a time honored tradition for a moment.
Imagine if there was a direct causation between a Democratic presidents actions and the stock market going into a freefall. A direct causation like the ongoing one started last week.
MAGA would be screaming. Their daddy would be tweeting non-stop about it.
Glad DonOld and all his talking heads spent the weekend calming everything down.
Djia futures are taking it well.
Last Trade Change Change in %
36,800.0 -1,514.9 -3.95%
Let's entertain a time honored tradition for a moment.
Imagine if there was a direct causation between a Democratic presidents actions and the stock market going into a freefall. A direct causation like the ongoing one started last week.
MAGA would be screaming. Their daddy would be tweeting non-stop about it.
Eamus Catuli~AC 000000000101010202020303010304 020405....Ahhhh, forget it, it's gonna be a while.
Let's entertain a time honored tradition for a moment.
Imagine if there was a direct causation between a Democratic president's actions and the stock market going into a freefall. A direct causation like the ongoing one started last week.
MAGA would be screaming. Their daddy would be tweeting non-stop about it.
There's a difference, half the Dems would be screaming about it, too. That's how patriotism and compassion work, GQP.
S&P has already lost another 
