US stocks are at risk of slumping another 5% on worries about the hit to corporate earnings from tariffs as well as lower fiscal spending, Morgan Stanley’s Michael Wilson says
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The U.S. went from the “Goldilocks” economy to ‘How to ruin your economy with chaos, corruption and incompetence’ in less than 2 months. Can anyone explain why? 🤨🤨🤨
Blue states should deny the tariffs and become preferred trade partners of CAN and MEX.
The doctrine of nullification advocated that states can void Acts when the federal government “…exceeded its powers, and they could declare Acts to be void and of no force in their jurisdictions.”
I think most of Wall Street only saw the potential tax and dregulatory upside and got greedy with $$$ in their eyes…. They made a bad bet, even when it comes to their wallets. Greed is not good, greed is shortsighted
Trump is killing the markets. China is acting aggressive & China is the calm one. China is fed up w/ Trump&China will destroy US economy. Trump is a loser. Trump killed steel, lumber, timber, chips, US, national security.
Why would CEO's want to re-tool and move plants when the next president will likely remove all tariffs and sign new trade agreements? Especially with a recession looming.
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The other why is Trumps over-the-top approach to everything that is causing a recession all on its own.
BTW, we were headed for trouble regardless...
@annenotation.bsky.social
The doctrine of nullification advocated that states can void Acts when the federal government “…exceeded its powers, and they could declare Acts to be void and of no force in their jurisdictions.”
Exactly what they wanted with Trump!! Crash the economy and rob Americans of every last cent .. woohoo
Maybe going to be an occupy Wall Street/Hamptons summer tho.. $$
Going to be a lot of angry poor ppl if Wall Street lets him continue ..
CAN WE DEMAND RESIGNATION?
IF NOT, 100 million people will show up in DC