@msnbc.com @cnn.com:
This should be the only thing you speak to. You have been avoiding this screw up intentionally. If Biden or a Harris Administration did THIS, you’d be covering this until the next time change. And you see why viewers have turned all of you off.
If the Golden Age means erasing trillions of $$ in the market and wreaking havoc in the economy, then I guess Trump and Coward Nutlick have achieved their objectives.
Remember back in August when the market dipped 1% on a Monday before quickly recovering and republicans and their corporate media allies fell all over themselves calling it the “Kamala crash”?
Not really. Bernancke, Yellen, Powell. The Federal Reserve chairs. They pumped asset prices and stoked severe income inequality. There should have been less stimmy over the years. Much less.
One could make the argument that if Biden had used the immunity gifted by the partisan SCOTUS, the US would not be facing the destruction of its representative democracy, agencies, career federal workforce, economy, strategic alliances, trade agreements, Social Security, Medicare, and Medicaid.
A casino? More like 3. Someone told him he was going to go bankrupt so he sued him... the guy won and Trump went bankrupt because he didn't listen. It's well known that he'd be far richer if he did absolutely nothing and fingerpainted all day.
I actually think it's exactly the opposite. People underestimate just how hard it is to effectively manage the largest economy in the world. Biden was routinely hitting triple-bank-shots and everyone took it for granted.
I agree with you on the Biden economy. When I argue with family members I frequently cite it. However, actual free markets don't move this fast, the lag period for tariffs hasn't even kicked in yet. It's actually extraordinary to screw it up as bad as he has in 45 days.
Break up our military alliances, alienate our friends and allies, abandon Ukraine, cuddle up to the worst miscreants on the planet, destroy the government from the inside, and crash the economy.
Just looked and die is down more than 2,300 pts. Great. I’ll lose my IRA investments in the market and they’ll shut down SS and Medicare. They’ll create a real welfare state.
Go to YT and find New Harbor Financial, who will tell you the truth. You have to learn and protect yourself. You can call them for a free, no strings attached session. I am a long time client. They are on TEAM HUMANITY! I am so grateful for them. Great people!
My portfolio is also slightly up since January 1. I was listening to the New Harbor people John and Mike on Adam Taggart's YT, they are holding the same assets as me... Light on the stocks but holding international stocks, gold, gold miners, lots of bonds and cash. Their process sounds good.
I have never ventured into options. I trade long only ETF positions based on technical indicators. I just couldn't ever bring myself to pay the option premium up front, it made me feel ill-used, so I never did it.
The next bear market is going to be bad, and Trump is going to be a magnifier of its severity. International stocks are starting to do better than US. It's a shame most people are going to get shellacked
I never learned them, they confused me. But my managers really know how to use them as hedges and they work well. Might take small losses on them sometimes, but if viewed as "insurance" they are effective and often make some $$.Used as "stops" they are cool, after seeing stops blown away...LOL
If Putin wanted to destroy America, what would he do? 1. Destroy, the American Economy 2. Reduce the US Military. 3. Fire Federal workers to cripple the Government. Cripple the Health Care safety net. Removing disease controls allowing the spread of many diseases. Sounds like what Trump is doing.
Just in case you forgot, Trump said, COVID would be over in a week, inflation would be over on day one of his Presidency, he would end The Russian War in a day. Why would anyone believe his self-created American financial pain would only be short term? It is obvious Trump is on a different calendar.
Only to get worse as countries like Canada pull back from anything American especially in military stuff which is the life blood of the American economy. Countries now realize the USA is not “the leader of a free world” and a totally unreliable partner. Your economy will crumble much to Putins glee
A titre de Canadien, je veux m'excuser au monde entier car si nous avions le dessus sur la prolifération de notre exportation de fentanyl aux USA, rien de cela ne ce serait produit! Nous vous demandons humblement pardon, nous sommes vraiment désolés
Glad we replaced that Biden guy and the Dems in order to improve the markets. What a loser he was. NASDAQ only went from 13,000 to 20,000 #Loser Trump has taken it down 14% #Winning
Or 2009. This has been a bubble from low interest rates for years. Needs to go down a LOT more to get to fair value. Returns for people who bought higher are going to be NADA. and if you are in a 401K with fees....you ain't gonna retire anytime soon...
When the market closed on Black Monday down -25% there was uncertainty about whether it would open the next day... or ever.
2008 was bad but by that time we had circuit brakers to pause the market during big drops.
2008 blurred into 2009 for me! I remember calling TDAmeritrade in Canada to inquire about their exposure to derivatives! We were OK, but what a helluva mess the derivatives crap was!!
Yardeni: is "nervous" about the ongoing selloff; warns investors to prepare for a potential "flash crash." He has raised his recession expectations to 35% from 20%
Stockton: projects the S&P 500 could decline to approximately 5,300 before stabilizing, representing an 8.1% drop from Friday's close
Didn't someone once say: A potus under whom the Dow Jones loses 1000 points should be removed from office? If only I could come up with the name now...🧐🤔
I get your perspective…and we’re very happy for you, one day getting that inheritance and all…but you’re coming across as a bit entitled. Just sayin’….
I think Trump and Musk are tanking the market on purpose. As a dictator and as an oligarch, sinking the globe into abject poverty suits them. Having scrapped USAID, they (like Putin and Kim Jong Un) are now dependent on hard power. One cannot destroy a country and then become a despised citizen.
So how are all those Republican Politicians who went along with Trump because they thought they'd at least get rich for selling their souls feeling today?
On day 1, egg prices will be down, peace with ukraine and doge is going to uncover massive fraud and waste. Millions of illegals will be deported. Inflation will be coming down.
You remember when the market crashed in 2008 and the viability of financial institutions all over the globe teetered on the brink, with many failing, but disaster was averted because the government stepped in?
Well, that won't happen again because there's an idiot in charge.
AMERICA decided to play stupid games and now the stupid prizes are adding up. How’s that’s extra 25% on your electricity working out today? PREMIER DONALD needs to be removed STAND UP AMERICA and do the right thing before it’s too late.
ELBOWS UP CANADA FU MAGA 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦
Dude is already trying to sell Americans that the pending recession will be a good thing to go through 😂 like holy shit, people are dumb asf for voting for this shit…again!
When Biden was POTUS a 100 pt drop got a withering Donald Trump post. This is nothing. Wait until the 1Q 2025 numbers come out. The economy will look like shit! Donald Trump showing he can't even keep a good economy going.
The Orange Emperor just assured America that soon they would be so rich they wouldn’t know what to do with all that money. (Checks notes) sorry my bad, he was talking about himself, Elon, Bezos, Theissen, Sacks….the broligarchy.
Wait a while, it will get worse. Maybe someday it will be better. For some people. Probably wealthy types who don't really need for things to be all that much better.
Geez, are you telling me the stable genius is wrecking the economy? Greatest businessman in the world will fix it! Although he did have trouble when he bankrupted 4 casinos and countless other ventures. Will need even more tariffs.
And it’s all on the GOP for their support of trumpemusk ! They probably don’t care about how much they lose on the market since they plan to steal our hard-earned money !
You ain’t seen nothing yet: wait until Trump knee-jerks and doubles down on tariffs.
He’s gotta come back at Ontario in retaliation for electricity taxes or he will look weak to his slavering, toothless base.
They are being hurt too which is why trump had to come out and say its a transition which is the same as when bidens crew said transitory for inflation and it was anything but that, trump is going backwards every day.
He said the economy is in transition, that wontmatter to his supporters when their 401ks are down and they are paying higher prices and now he is taking benefit cuts. The biggest consumers of govt benefits are red states in the south and I say too bad so sad, you voted for this fool.
I’m looking at a pile of tax stuff and feel like an idiot
while the news updates whiz by like bullets.
80,000 at risk at the VA,
the Dow drops,
the golfer golfs,
The Richest Man in the world huffs K and dances.
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
You have to ask yourself whether the US, which represents 26% of global GDP and which is heading for possibly a very deep recession amidst huge political instability with its democracy in crisis, should represent two thirds of global equity values.
I pulled out everything I had in the markets two weeks ago now, thankfully. I didn’t see any way that we would avoid what’s happening now, and this is just the beginning. Batten down the hatches.
Somehow bull markets before the election were due to anticipation of Trump’s victory, but bear markets under Trump that began only after he started taking a wrecking ball to the economy are Biden’s fault?
Shifted our 401k out of stocks last week. Split between high yield and core bonds. Financial advisor was like “well, yea you’ve reduced your risk quite a bit, but you don’t know…stocks could shoot back up.’ Nah…no thanks
Not bad enough. This market needs a HUGE correction, regardless of Trumonomics. A nice drop of bout 40% would be a good place to start to get somewhere near fair value.
The reversion of the stock market "wealth effect" would be devastating to the real economy. OTOH real estate could become reasonably priced as it was when I was a child in the early 1970s
The reason he calls this “The Golden Age of America” is that it’ll take 50 fucking years to repair the damage Orange Anus and a plurality of our dumbest voters are doing to this country.
Never before have we had an administration that looks at freefalling stock market and decides -- rather than any kind of calming words, decides "How much more gasoline can we throw on the conflagration".
Even if they impeached him, and, carrying the fantasy even further, 67 Senators convicted/removed him, we'd just end up with Vance, who's just as evil and less stupid. Also, there's no one in the line of succession who's worth anything. The country's fate was sealed last November 5.
But Vance, Johnson, etc. are just as stupid as Trump but lack his “charisma “ and wouldn’t be able to hold the entire GOP in check like he somehow does. Their scheme would start to fall apart, and we all could help it along…
They won't have to. This thread is fantasy. There's no way FFOTUS Kraznov the DIC, even if impeached, would be convicted and removed in the Senate. No matter how "concerned" Suzy Q Collins might be.
But because of government censorship we will all be forced Orwell-style to turn the graph upside down and say wow! This is great! Thank you dear handsome humble genius leader!
The silver lining in all of this is that all the fat cats who were so stoked that Trump was going to make them a pile of money, are having their financial asses handed to them in a bucket of shit. Elections have consequences!
Comments
This should be the only thing you speak to. You have been avoiding this screw up intentionally. If Biden or a Harris Administration did THIS, you’d be covering this until the next time change. And you see why viewers have turned all of you off.
so much winning
That was fun.
trump recession
Another case of down is up and up is down, or high stock prices = bad and low stock prices = good.
https://www.cnbc.com/2025/03/10/trump-says-transition-period-likely-for-economy-and-you-cant-watch-the-stock-market.html
https://bsky.app/profile/timobrien.bsky.social/post/3lk2nihwujk2n
Three marriages
At least four kids...
He's just a fucking idiot I guess is my point
Knowing that people in Atlantic City voted for him is fucking weird.
Break up our military alliances, alienate our friends and allies, abandon Ukraine, cuddle up to the worst miscreants on the planet, destroy the government from the inside, and crash the economy.
"What would Daddy Putin want me to do today?"
https://www.youtube.com/@newharborfinancial
https://www.youtube.com/watch?v=Ou-jDzbQ91w
https://finance.yahoo.com/quote/DJT/
2008 was bad but by that time we had circuit brakers to pause the market during big drops.
Biden added value by simply being stable and consistent.
But how do you plant a whole new economy ?
https://bsky.app/profile/flame89.bsky.social/post/3lk255n74as2c
Stockton: projects the S&P 500 could decline to approximately 5,300 before stabilizing, representing an 8.1% drop from Friday's close
60% steel in usa is form canada
and 48% of aluminum
used in cars , tech , military , machinery and parts for farmers too
this is the beginning
And his portfolio has gone through the roof in the last 15 years, meaning the worth of it that my siblings and I will inherit also has.
So days like this have a direct effect on me. Regardless, I’m very happy to see it.
So, like…the cost of an omelet.
Not normal times. They don’t care if they burn it all down, as long as they get all the money🤬
Well, that won't happen again because there's an idiot in charge.
ELBOWS UP CANADA FU MAGA 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦
https://bsky.app/profile/andrew-ukraine.bsky.social/post/3lk257ieh622c
1) Twitter down much of the day.
2)$139 Billion lost since December 2024.
Yikes 😳
So, no! It's FO time for the non-MAGAts who voted for Trump, along with the 35% of the electorate who didn't vote at all!!!
tariffs and stupidity tank your 401(k)!
We are now entering the Yikes and Duh era.
not
(*Which means the US is expected to be taking on more debt and will have to pay more to do so.)
Never mind, I asked Yahoo.
He’s gotta come back at Ontario in retaliation for electricity taxes or he will look weak to his slavering, toothless base.
Such wonderful times we are living in. It was the worst of times, it was the worst of times.
Everything's going according to plan?
while the news updates whiz by like bullets.
80,000 at risk at the VA,
the Dow drops,
the golfer golfs,
The Richest Man in the world huffs K and dances.
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
Trump caused a recession in less than 2 months
1. Biden
2. Antifa
3. Mexican Drug Cartels
4. China
6. Trans
This stupid regime.
Vance won't jettison Trump until he thinks the chaos has rendered our institutions powerless.
Economies booming elsewhere. Divest from the US as it sinks into a dark period.
https://bsky.app/profile/germanwondering.bsky.social/post/3ljyvjxiyoc2z
Isn't the "rule" that when it descend below 1,000 they remove the president? Have we discovered the Loophole?🤫
voters will forget about this lil blip
COPIUM