wall street, working to elect a senile fascist: Haha fuck yeah!!! Yes!! wall street, being governed by a senile fascist: Well this fucking sucks. What the fuck. - ThreadSky | a Reddit-style client for Bluesky

mtsw.bsky.social • 21 days ago

wall street, working to elect a senile fascist: Haha fuck yeah!!! Yes!!

wall street, being governed by a senile fascist: Well this fucking sucks. What the fuck.

Reposted from Michael Derby

J.P. Morgan econs on Trump’s latest are “increasingly concerned that the policy mix may tilt into an unintentionally far less business-friendly stance. The sustained 25% tariff on Canada and Mexico set to start this weekend is materially different than the tariff increases built into our baseline.”

Comments

n0rmalguy.bsky.social•21 days ago

real monkey’s paw consequence for these guys

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zansky.bsky.social•21 days ago

digitalramble.bsky.social•21 days ago

if that isn’t a super clear example of how they write off negative thing ask the overhead cost of doing business, I don’t know what it is. This is like building in expenses for paying fines for deliberate noncompliance with regulation.

usagibrian.bsky.social•20 days ago

That's the part I haven't been able to grasp.
This is all going to greatly benefit about 1500 people, and literally everyone else is completely boned, especially people who were making out pretty darn good the past couple of years.

policyg.bsky.social•21 days ago

Ha ha ha. Fuck them.

copaceticinva.bsky.social•21 days ago

When you elect face eating leopards…

msdobalina.bsky.social•21 days ago

"may tilt into an unintentionally"

Stupid fux.

justplaindave.bsky.social•20 days ago

What the fuck did they expect?

irontuna.bsky.social•21 days ago

Honestly though, so far Wall Street doesn’t seem too pressed. I’ve been watching the VIX and I’ve been surprised that it hasn’t spiked so idk

zenosanalytic.bsky.social•20 days ago

They already had allot, they chased more, and potentially they'll lose most of it instead. Aesop's Fables beating "the smartest guys in the room" yet again.

fynnbytez.bsky.social•21 days ago

Reiterating: This is why I'm damn sure the backstabbing will start nice and early this time. Big business doesn't like it's infinite up graph going down for any reason.

on-tannhausergate.bsky.social•20 days ago

Just conservative trash, drooling over tax cuts hoping the fascism does not break down their privilege

daddyroundround.bsky.social•21 days ago

If only he hadn't pulled this crazy bait and switch on them where he did exactly the kind of stupid shit he said he was gonna do!

titusoates6.bsky.social•20 days ago

The fucker totally outwitted us!

nopassaran.bsky.social•21 days ago

Love to hear the convo between Dimon, who probably doesn't do dick for shit, and his trained economist

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brooklyn11211.bsky.social•21 days ago

We didn’t have senile fascist factored into our baseline…

samusishere.bsky.social•21 days ago

Outside of a few libs and a few neocons and Kamala Harris, every single bloc in America seemed to view the 2024 election based on an idea of Trump they made up completely in their head.

forceholy.bsky.social•21 days ago

I like Jon Bois idea on Trump's appeal. He is essentially selling Pay Buchanan's Racial identity idea, but making it a personal grievance helped him connect with voters.

Economic issues is just a smokescreen for the real desire of voters, hurting brown people.

marilith.bsky.social•20 days ago

hey now, they also wanna hurt queer people and women.

oldhoundderby.bsky.social•21 days ago

Which is bizarre, because during the campaign Trump was even publicly saying a lot of stuff that he is now doing. It's not like it any of it was a secret.

elvenmonk.bsky.social•21 days ago

He publicly praised the way Xi Jingping consolidated power in China

elvenmonk.bsky.social•21 days ago

And Musk announced his plan was to completely destroy the US economy

krock1138.bsky.social•21 days ago

🤬

spikebones.bsky.social•21 days ago

One of the many reasons The Business Plot failed last time is that execs are AWFUL at choosing people to lead. The first time they tried this, they tried to get the antifascist, anti-war, proto-socialist war hero Smedley Butler to lead a violent coup against FDR.

hellerexposed.bsky.social•21 days ago

Should you retweet this? (yes, yes you should and I’ll follow you if you do).

https://bsky.app/profile/hellerexposed.bsky.social/post/3lguetrrqvc25

dustyponcho.bsky.social•21 days ago

The Stovetop Hungers.

aliceinkeynes.bsky.social•21 days ago

Badgey from "Lower Decks" but it's a levitating stove.

vincentbecherer.bsky.social•20 days ago

I hope every single financial bubble in the states pop all at once due to this dumbfuck trade war. Let's make it hurt as much as possible so the people who will only learn/act/care when something bad *directly effects* them get the message.

bishopsteiner.bsky.social•21 days ago

Hey! Elon isn't senile! He's just a Moron!

Oh wait.. you mean his Sock Puppet? 🤔

katefromnyc.bsky.social•21 days ago

Didn't the CEO of JP Morgan tell us recently that tariffs were necessary for national security, and people should just “get over it”?

Jaime Dimon can just “get over” the leopard eating his face.

policyg.bsky.social•21 days ago

It is simply impossible to make that argument when you are implementing a tariff on your closest ally on no specific products with no conditions. Canada does not even pay it, American companies buying the products pay.

It is a backdoor National sales tax that will hit working Americans the hardest.

oscarxray.bsky.social•21 days ago

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elijahack12.bsky.social•21 days ago

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fjerome.bsky.social•21 days ago

You won the right to say slurs in the workplace but then lost your job when the economy tanked. Tragic.

redwoodk8.bsky.social•21 days ago

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angryallosaurus.bsky.social•21 days ago

Technically that is a cheetah, not a leopard, and while it is unlikely to bite your face off, it *will* peepee/poopoo on you if it gets the chance. 😉

eugenebwhitaker.bsky.social•21 days ago

He told them what he was going to do
then he did it
how can they be surprised?

grandmoffjoseph.bsky.social•20 days ago

Live look at Wall St:

markshatraw.bsky.social•21 days ago

I suppose that answers my question of "how is all of this instability possibly good for business"

davegram.bsky.social•21 days ago

Wait, he's doing exactly the things he said he was going to do? Who could have known? We were duped!

tomwild.bsky.social•21 days ago

In other words: "we guessed wrong".

cleareye2795.bsky.social•21 days ago

✅

stevenaxelrod.bsky.social•21 days ago

Buyers' remorse is pandemic among Trump voters. They stood on a track and couldn't imagine a train would ever come.

vanja-s.bsky.social•21 days ago

If I remember correctly J. P. Morgan was supporting him.

fbajak.bsky.social•21 days ago

Investors flee to foreign equities! Monday’s predictable headlines.

junebug082.bsky.social•21 days ago

Consequences! Who could ever have expected...

raggededge.bsky.social•21 days ago

So Musk is working to get lots of data held by the govt on every person and company in the US. So expect the next iteration to say ‘the glorious tariffs even exceeded our expectations in percentage and any subsequent downturn in the business environment is deemed the result of DEI overhang.’

cricketmice.bsky.social•21 days ago

They were delusional because they thought the trump chaos was a circus act for rallies and he’ll just do normal conservative policy in office, but it’s the opposite

roryblank.bsky.social•21 days ago

gosh and they were so excited about being able to say gamer words again just a few weeks ago

zorotl.bsky.social•20 days ago

The rich businessmen counting how many fiefs could exist and how many are about to be serfs with the rest: hey guys

sfoutersunset.bsky.social•21 days ago

They thought it would be 10%

getwired.bsky.social•21 days ago

planepackedjess.bsky.social•21 days ago

I am certain that Wall Street will see the errors of their ways and push back against these policies. 🫠

flanagg21.bsky.social•20 days ago

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aangtifa.bsky.social•21 days ago

I get the feeling this is also the case with some major news orgs as well

raunchydonkeybrain.bsky.social•21 days ago

No sh*t it's not business friendly lmao, how are people this dumb

Tariffs always increase end consumer prices...

Remember when the British King taxed 100% on goods?

Yeah the literal American Revolution happened over it

raunchydonkeybrain.bsky.social•20 days ago

Ok maybe this is controversial but perhaps they'll enact the tariffs, drive up the prices of goods and materials, then immediately rescind them, dropping good/material prices, and then they "look good" in the eyes of the public...

raunchydonkeybrain.bsky.social•17 days ago

Well would you look at that... Canada and Mexico tariffs have been suspended

pyrexcorex.bsky.social•20 days ago

Update:

jimmydeltaone.bsky.social•21 days ago

My personal crypto bro CEO remains !!stoked!!!!! at the outcome and the newly unlocked power to “ democratize money” while making big money for himself. Never mind the devastation- he’s not American and can leave.