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Market crashing

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April 22nd, 2025 at 1:03:48 AM permalink
OnceDear Member since: Nov 21, 2017 Threads: 15 Posts: 1788	Quote: missedhervee The Dow is down 971 today at the close. drumph WILL succeed in precipitating the exit of Jerome Powell. He might even force a cut in interest rates. It will lead to the most destructive slaughter in the stocks and bond markets ever. And even that 'buying opportunity' will be short lived.

April 22nd, 2025 at 7:41:25 AM permalink
Gandler Member since: Aug 15, 2019 Threads: 30 Posts: 5255	Quote: AZDuffman Why do you have to make so many racist comments here? How is that a racist comment?

April 25th, 2025 at 12:55:08 PM permalink
terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717

April 25th, 2025 at 5:51:27 PM permalink

rxwine

Member since: Oct 24, 2012
Threads: 217
Posts: 22938

One version of events

Quote:
Doug McMillon, the CEO of Walmart, reportedly told President Donald Trump -- alongside other business leaders who met the president in the Oval Office on Monday -- that his tariff policy is "not good for anybody."

According to a report published in The Daily Beast on Friday, McMillon and the other CEOs reportedly warned Trump that "he was creating a situation that would not be good for anybody.

Other version of events

Quote:
But the president's version of his meeting with the CEOs was different from what has been reported.

“I had the head of Walmart. I had the head of Home Depot and the head of Target in my office. And I’ll tell you what they think, they think what I’m doing is exactly right," he said in a recent interview.

So, who do you believe? They showed up just to tell Trump how great his tariffs were?

https://www.msn.com/en-us/news/politics/not-good-for-anybody-how-walmart-s-self-made-ceo-confronted-trump-in-white-house/ar-AA1DCvrx?ocid=msedgntp&pc=HCTS&cvid=6aec4494289c4bc7ab869c2995847c52&ei=15

"Trumpsplain (def.) explaining absolute nonsense said by TRUMP.

April 29th, 2025 at 6:15:24 PM permalink
terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717

April 30th, 2025 at 12:31:27 PM permalink
terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717

April 30th, 2025 at 2:39:51 PM permalink

DRich

Member since: Oct 24, 2012
Threads: 57
Posts: 5896

Quote: terapined1

I would love to be liberated from my job with 24 months of pay.

"In January 2024, UPS announced plans to lay off approximately 12,000 employees globally, with a focus on "right-sizing" its workforce. Affected employees were offered severance packages and outplacement assistance. The severance packages can include up to 24 months' pay, and may also include salary, bonuses, and commissions. "

At my age a Life In Prison sentence is not much of a deterrent.

April 30th, 2025 at 2:48:53 PM permalink

terapined1

Member since: Nov 26, 2024
Threads: 2
Posts: 717

Quote: DRich
Quote: terapined1

" can include up to 24 months' pay, and may also include salary, bonuses, and commissions. "

The operative words are "can" and "may"
It's also feasible that can't and may not apply
Yea if you have say 30 years in, may get it
But
Those laid off are usually last to join the company
With only a few years seniority will probably amount to a few weeks or a month of pay.
Companys are loath to lay off somebody deserving 2 years of pay. The point of layoffs is to save money

April 30th, 2025 at 5:40:01 PM permalink
terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717	Trump helping Airbus and making sure Boeing suffers

April 30th, 2025 at 8:11:45 PM permalink
terapined1 Member since: Nov 26, 2024 Threads: 2 Posts: 717

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