The story concludes the victory is that Trump is likely to secure a 10% tariff on American consumers like he wants to and China is at least willing to talk. The first is not a victory for Americans but it is Trump getting what he wants. The second one is Trump partially fixing what he broke. Context is a thing.
Bloomberg would not agree. Xi Defiance Pays Off as Trump Meets Most China Trade Demands Bloomberg News Xi Defiance Pays Off as Trump Meets Most China Trade Demands
Because we can rely on Bloomberg to be an objective source of criticism towards the Trump administration. It’s not like Michael Bloomberg has a bone to pick with the president. They are old friends.
I wouldn’t be shocked if we hit an all-time record high on the S&P 500 by July 4th, 2025. We’re already up 17% in the past month. Less than 6% from the all-time high. What a disaster.
and if you have inside info as to what he is going to say and when, you win bigly. otherwise, myself and every other investor in the world wants to know where you hide your crystal ball
LOL! Your comments couldn't stand scrutiny even for one day: Consumer Price Index Summary - 2025 M04 Results Prices are down even with tariffs. If dems were in the WH, the Fed funds rate would be 3.5% by now, so much for a non-political and independent federal reserve system.
Core inflation increased. And the empty ships from China didn't start until May. BTW, weren't you the one saying that we shouldn't be lowering rates last fall? That it would cause a spike in inflation if they did?
Completely disingenuous to infer that the effect of tariffs is evidenced in this data. Posters' second statement on the Fed, like most of his statements, are non-fact based assertion. LOL
I have no inside information. Just pay attention to what's going on. Dont always get things right but i've guessed right more than wrong.
Yes, and it did. Core was well into the mid 3s, 3.4 or 3.5 as I recall, when the feds cut. The cuts were totally political, a no no in an election season. 2.3 CPI and 2.8 Core look much better yet the Fed has refused to cut down to 3.5 where the fed funds rate should be. Apparently, only dems are welcome to the punch bowl.
You have a poor memory. No offense. The Fed cut rates starting in September, when the CPI was 2.4%. Numbers look very similar to today's, in fact. The difference is back in Sept, the FED expected prices to come down. But then Trump and his tariffs happened, and today, even with the China announcement, the FED expects prices to jump, especially since we'll start seeing product shortages from China starting very soon, if they aren't already happening.
More false recollection/being disingenuous. "Bank of America analysts added in a research note that new inflation reading "doesn't really move the needle for the Fed" since the "impact from tariffs was not expected to show up in the inflation data until May or June."
If Trump announced he'd healed cancer, what proof would you actually require to believe him? We get it. For y'all, orange man amazing no matter what happens. You are cheering despite his failure.
Could you provide to me the month in which a rate cute occured with core CPI in the 3.4-3.5 range? Also, we are using core as the metric now, which means that inflation just picked up, right?
You forgot housing market data which is a huge hidden view of "consumer sentiment" IMO. A house is the most significant investment most individuals make, and the data isn't great... The entire JP Morgan team knows nothing about housing and Google knows nothing about connecting Trump supporters to "the real answer" when this is the first thing that comes up on Google when you search for US housing market. "President Trump’s policies could have complex implications for the housing market, particularly on the issue of affordability." The Outlook for the U.S. Housing Market in 2025
Quoting one commentator, the CPI report represents who has happened in the past, not what is happening now or will be happening. As the tariffs affects more and more goods prices will continue to increase,
You realize that most of us have this thing called "internet access" that we can then search for information, right? While getting more and more difficult, it is the primary tool for disproving all of the MAGA lies and half-truths.
https://www.bls.gov/news.release/archives/cpi_09112024.pdf September 2024 release of the August 2024 CPI: CPI 2.5% Core CPI 3.2% I repeat, the 2.3% CPI and 2.8% Core CPI released today, Fed pays more attention to core, looks great by comparison. The Fed reduced rates 1 full percent based partially on that data plus two more times before the election. Fact, the April 2025 CPI is at the lowest level since February 2021, Biden's 1st full month in office. Jerome Powell and his liberal leadership of the Fed is disgusting. From refusing to raise rates until inflation was out of control using transitory as an excuse to cutting rates too soon plus headed directly into a presidential election, Jerome Powell and his Fed Reserve minions have been wrong more than they have been right. Worst of all, the independent Fed is not so independent, just depends on which party holds the presidency. You can bet I'll be dancing a jig in 2026 when his time runs out. Powell is doing such a bad job that he deserves to be fired. Trump is right to make calls for rate reductions and to point out the poor job the federal reserve is doing and has done.
