What does any of that have to do with his tax bill that will raise the deficit? You didn't respond to what I said at all.
So your argument is that a graph showing the exact moment in which the S&P 500's futures rose to 6,000 (and showing a pretty obvious explanation was that Trump's major economic policy was thrown out by the courts) is off-topic in a thread entitled "S&P 6000" about how the futures had risen to 6,000? I think that you have confused "off-topic" with "stuff I don't want to talk about."
Wait, you think that foreign countries pay tariffs, not importers, and, eventually, domestic consumers or domestic businesses?
So is the market back off to under 6000 because it settled in and did lot like the courts ruling? Good grief some of you come up with some interesting takes.
No. The main point of the thread is movement in the market is going to happen. And Trump is not destroying the economy. As much as you want to believe he is…
Excellent. When does Macy's get there $100M check from China and the rest? They just said they'll lose around $100M in profit from the increased costs as they pass on about 80-90% to the customer meaning $500M-700M to the customers. When do the nations send them their check?
He was never going to do the tariffs, he was just in his normal mode - what can I grift for myself or my friends (if he really has any) out of an artificially created crisis.
And your evidence of that is that when a court threw out his major economic policy, the market shot up substantially?
No, the main point is we have a President who will create a fake crisis to enrich himself and move markets artificially in the process and people like you will support him and he will never see jail time for it because the other 2 branches of government decided he is immune. Creating the mother of all FAFOs for everyone in the country because we've basically created an authoritarian dictator's wet dream. Unfortunately it would require intelligence to exploit it that the current administration lacks and what it does have, applies only to its graft. The really sad part being Trump is 78 years old, has 38 felonies, 2 impeachments, 6 bankruptcies, and thousands of legal cases in his name and yet somehow is still held in high esteem by insecure people with white skin amounting to 30% of the country. smh.
Let’s not forget the market’s simultaneous and contemporaneous adjustment to Musk stepping away from his government destruction.
it woke up and realized our economic policy is still largely dictated by whatever synaptic activity occurs in his orange brain at the moment, usually stimulated by a large donation and whisper in his ear or perceived slight.
Exactly. We still have an erratic and incompetent president who makes dumb decisions on a daily basis.
the really sad part is he was practically gift wrapped the election 2x by a dem party elitism forcing unelectable candidates onto the ticket. dems run a real leader chosen through a healthy primary, not a party anointed one, either time, and the orange ogre is never elected.
Markets hate uncertainty. And the markets started to dip again when Trump announced he is going to appeal the court ruling. Coincidence? I think not.
Huh? You all would be more believable if you said Trump paid the court for the decision so he could benefit himself. The market is going to move on decisions. It honestly backed off after an overzealous reaction to the court. End of the day we are near all time highs. Still.
