OT: Tariff Economics Discussion
- Thread starter scott in nashville
- Start date
Again, we knew all all along your agenda was to 'once again' brag about your circumstances. FYI, the 40% wasn't a reference to wealth.
F*** the voters that were begging for economic relief and trusted him to bring down prices.
Can I get some of what you are taking?
Some has to start bailing him out or this boat is going to need a snorkel.
Interesting how Powell cut rates .50 basis points right before the election. When inflation was increasing.
We should end the fed and let the market do its job. The Fed is reactionary and does a pretty bad job in hindsight
BlackRock already started buying residential houses and has been accumulating them for a long time. This all happened under democratic control. At least you all DID say something about that when it was happening.
You speak evil of BlackRock, but democrats were in charge 12 of the last 16 years and BlackRock seemed to do really well during that time frame.
Yes, when the fed cuts rates more than they are supposed to to help their candidate, that is tribalism.
He is right...he is the only one who inflicted this.
Common Sense
Go outside in the SUNSHINE Take a DEEP BREATH and enjoy the Trump Train Ride
I was working with my son as a partner buying, remodeling, renting and selling houses starting back about 25 years ago around 2006-2008
Got out about 8-10 years ago selling everything. Great choice at the time.
Banks were taking houses and lumping them in huge groups just to sell them way back like in 2008 for a few years.
Could get decent deals to remodel and flip, but the real deal was the banks working with the BIG CORPORATE BUYERS.
They were buying the market everything that came out. Always wondered why corporates would want so much residential real estate.
Not smart enough to figure out the long plan.
Dude, just because you're against Trump on tariff doesn't mean he is a Marxist. You can disagree with Trump? Right?
He was pretty clearly poking fun of people (has literally happened in this thread) that equate not liking something Trump is doing with being a "lib" etc.
sarcasm meter might need checking haha
Watching MAGAs twist and squirm trying to spin this massive self owning into a positive has been a treat to watch.
Just because you can't see it doesn't mean things aren't going great
how come you didn't scream from the mountain top in 2022 when the S&P lost 19.44%
| Year | Average Closing Price | Year Open | Year High | Year Low | Year Close | Annual % Change |
|---|---|---|---|---|---|---|
| 2025 | 5,879.20 | 5,868.55 | 6,144.15 | 5,396.52 | 5,396.52 | -8.25% |
| 2024 | 5,428.24 | 4,742.83 | 6,090.27 | 4,688.68 | 5,881.63 | 23.31% |
| 2023 | 4,283.73 | 3,824.14 | 4,783.35 | 3,808.10 | 4,769.83 | 24.23% |
| 2022 | 4,097.49 | 4,796.56 | 4,796.56 | 3,577.03 | 3,839.50 | -19.44% |
| 2021 | 4,273.41 | 3,700.65 | 4,793.06 | 3,700.65 | 4,766.18 | 26.89% |
| 2020 | 3,217.86 | 3,257.85 | 3,756.07 | 2,237.40 | 3,756.07 | 16.26% |
| 2019 | 2,913.36 | 2,510.03 | 3,240.02 | 2,447.89 | 3,230.78 | 28.88% |
| 2018 | 2,746.21 | 2,695.81 | 2,930.75 | 2,351.10 | 2,506.85 | -6.24% |
| 2017 | 2,449.08 | 2,257.83 | 2,690.16 | 2,257.83 | 2,673.61 | 19.42% |
| 2016 | 2,094.65 | 2,012.66 | 2,271.72 | 1,829.08 | 2,238.83 | 9.54% |
| 2015 | 2,061.07 | 2,058.20 | 2,130.82 | 1,867.61 | 2,043.94 | -0.73% |
Maybe I did and you didn't hear it unless you wiretapped my house. Can you investigate and let me know why it dropped that much? Was it because Biden did something outrageously stupid?
Just went to Fox News to catch up. There is ZERO mention of what is going on with the market. Every other news platform has it top and center. What a joke of a news source.
Did it happen over two days directly related to a decision/strategy of the President?
Remind me what global event happened in 2020 that might have had a massive impact on the stock market and global economy in 2021-2022
Simpletons trying to apply a gotcha moment to economic plans that successfully avoided a post pandemic depression/recession are the worst. These MAGA geniuses really are a good faith monolith.
Because this is self induced by the whim of one person. I have to give him create, he was able to surround himself with those that would defend anything he does. The fact that almost zero Republicans are even questioning this strategy might be even more troubling than what the markets are currently doing.
Very seriously doubt I'll be laid off. I'm one of two database admins at work. NOTHING works w/o the database up and running. AND if I did get laid off, I'd have another job in a week. People are always looking for oracle guys with 20 plus years experience.
Case in point, back in 2011, my wife wanted to take a tenure track position out here in Idaho. It wasn't a great job market during that time. But I threw my resume on monster.com (a jobs website back in the day... no idea if it's still there). Within a couple of weeks I'd gotten 3 Idaho job offers and was hired by phone w/o ever even coming out here.
But your point is well taken. IF there is a recession,
lol you give him far too much credit. dude bankrupted casinos.
You are mistaken here. I'm not giving him credit, I think he's making some really bad mistakes. My point is that he ran on exactly what he's doing. He won, so he gets to do things his way. We'll have to see how that goes. His followers on here are going to be with him no matter what. I mean if he gave the nuclear codes to Putin, the Trumpians on here would be dancing in the streets welcoming our new Russian overlords. So there's that, BUT if he runs the economy into a recession, it's going to be hard to convince anyone but his hard core followers that he's not messing things up.
Here is the hard truth. The only people not inflamed right now either have very, very little to lose, are already heavily invested in gold or are already sitting on a pile of cash ready to jump on this fire sale. I think I know which bucket most of these "everything is fine, no worries" posters land in...
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