Market crashing

May 26th, 2025 at 4:56:17 AM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 15
Posts: 1789
Quote: SOOPOO
Quote: GenoDRPh
Quote: SOOPOO
Quote: terapined1


But you have 100 posts telling me tariffs will raise prices? Which is it? Someone signs a contract saying they can’t raise prices if their costs go up and it’s Trump’s fault? Sure, Jan…..

Reminds me of OR committee meeting from a few decades ago. Bean counter was complaining about how much money they were losing on ACL repairs. Said a new ‘screw’ being used for better results cost over $1500! And wasn’t being reimbursed by insurance companies. I asked ‘who has been fired for entering into a contract with insurance companies that did not have a proviso for increasing reimbursement if costs went up’? Silence.


An astute a knowledgeable participant would know that the USDA sets wholesale prices for dairy products. So, no, he can't raise prices until the USDA resets the rate. Carry on!


So tariffs won’t increase dairy prices? Even if the government has collected revenue that they didn’t before? That’s good news. On both fronts.

If/when he goes bust, that's one less domestic producer. The USDA can try fixing prices as much as it likes, but supply and demand, not the USDA and not the tariffs, will ultimately set the price..... or else the shelves dry up, or as happened with eggs, the leadership goes begging for imports. Nothing about this is good for the average US citizen.
May 27th, 2025 at 12:06:14 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 15
Posts: 1789
On again Off Again....... Tariffs on the EU slated for 9 July again postponed. US stock markets rallied.

https://edition.cnn.com/2025/05/27/investing/stock-market-dow-trade-trump

Though my investment in the US are minimal, I'm ahead YTD in my investments, split more or less 70:30 UK:Asia


UK's FTSE 100 Up 6.27% YTD
Dow Jones Down 0.15% YTD

US$ vs GB£ Down 7.3% YTD

Those charts tell me that the US markets and currency have done relatively very badly compared to UK. Similar indicators comparing US to EU and US to China.

China's Hang Seng index up 0.43%
Chinese YUAN currency up 1.45% YTD

Liberation Day was a setback for all of us, but as the drumph backtracks, things are recovering..... Not so much for the US though.

I use YTD as a proxy for "On drumph's watch". I haven't struggled to find the stats that make Drumph's tenure look bad. I also acknowledge that markets are largely a lagging indicator of political actions.

Cue some cultist who justifies your impoverishment. Anyone for 'Jam Tomorrow'?
May 27th, 2025 at 1:33:59 PM permalink
SOOPOO
Member since: Feb 19, 2014
Threads: 25
Posts: 5748
I have used the day after the Election Day as the start of the ‘Trump effect’. My WoV portfolio, which gets no additions or withdrawals, is (surprisingly!) up 2.5% from the date the markets started factoring the ‘Trump Presidency’. That’s around a 5% per annum rate. Not great, but not the crash that lefties want to label it. I do believe that Trump’s instability is a drag on the markets, but as usual, the effects are over hyped by the media.

If you are a Bitcoin owner (I’m not!), you would vote for a 3rd term of Trump.

Anyway, I think the Dems will have a Rachel Maddow like TDS breakdown if the Markets are actually up after Trump’s first year.
May 27th, 2025 at 3:03:15 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: SOOPOO
I have used the day after the Election Day as the start of the ‘Trump effect’. My WoV portfolio, which gets no additions or withdrawals, is (surprisingly!) up 2.5% from the date the markets started factoring the ‘Trump Presidency’. That’s around a 5% per annum rate. Not great, but not the crash that lefties want to label it. I do believe that Trump’s instability is a drag on the markets, but as usual, the effects are over hyped by the media.


Wall Street is heavy liberal and tends to react negative to anything Trump says or does. Main Street more sees the long game and takes him seriously, not literally.
Quote:


Anyway, I think the Dems will have a Rachel Maddow like TDS breakdown if the Markets are actually up after Trump’s first year.


Like, how will you tell the difference when it happens?
War is peace. Freedom is slavery. Ignorance is strength
May 27th, 2025 at 4:37:35 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 15
Posts: 1789
Quote: SOOPOO
I have used the day after the Election Day as the start of the ‘Trump effect’. My WoV portfolio, which gets no additions or withdrawals, is (surprisingly!) up 2.5% from the date the markets started factoring the ‘Trump Presidency’. That’s around a 5% per annum rate. Not great, but not the crash that lefties want to label it. I do believe that Trump’s instability is a drag on the markets, but as usual, the effects are over hyped by the media.


Fair comparison
Quote:
If you are a Bitcoin owner (I’m not!), you would vote for a 3rd term of Trump.
I am: I really wouldn't
Quote:
Anyway, I think the Dems will have a Rachel Maddow like TDS breakdown if the Markets are actually up after Trump’s first year.
LOL. T.hat's true
May 27th, 2025 at 4:51:47 PM permalink
missedhervee
Member since: Apr 23, 2021
Threads: 160
Posts: 5497
"Wall Street's political leaning has become more liberal in recent years, according to Reuters and NPR reports.

Historically, Wall Street has generally favored the Republican Party, but this trend has shifted, with more money now being allocated to Democratic candidates and causes.

This shift may be influenced by factors like a desire to rebuild bipartisan support after the 2009 financial crisis."

--- citation omitted
May 29th, 2025 at 11:04:47 AM permalink
fleaswatter
Member since: Oct 24, 2012
Threads: 5
Posts: 1758
Quote: terapined1
Trump helping Airbus and making sure Boeing suffers

hey turtledick:

Aerospace & Defense
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says


Quote:
Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact of tit-for-tat tariffs with some of the United States’ largest trading partners this year.

Ortberg had said last month that China had paused deliveries.

“China has now indicated … they’re going to take deliveries,” Ortberg said. The first deliveries will be next month,” he told a Bernstein conference on Thursday.

Your idiotic meme didn't age very well. ROTFLOL

Keep trying

mrV: your post
Quote:
How is China caving by cancelling orders?

That hurts America, as China can buy a better product elsewhere, or even make their own.

Wouldn't that be great if this tariff baloney is what it takes for China to jump-start its aircraft industry?

In a few years they could become major players and eat Boeing for lunch.

Bwa ha ha ha


didn't fare too well either

Bwa ha ha ha
May 29th, 2025 at 12:41:35 PM permalink
missedhervee
Member since: Apr 23, 2021
Threads: 160
Posts: 5497
Dude, you wasted a post...typical.
May 29th, 2025 at 4:03:09 PM permalink
terapined1
Member since: Nov 26, 2024
Threads: 2
Posts: 733
May 29th, 2025 at 5:31:52 PM permalink
fleaswatter
Member since: Oct 24, 2012
Threads: 5
Posts: 1758
Quote: missedhervee
Dude, you wasted a post...typical.


Talk about "the pot calling the kettle black". 4160 and counting. LOL