All_Pro_Bills Posted Friday at 01:21 PM Posted Friday at 01:21 PM 19 minutes ago, SectionC3 said: I'll add this - your trade deficit point is directly attributable to stockpiling in advance of these idiotic tariffs. That's why the deficit grew in Biden's last month in office. Interestingly, this deficit also included a huge increase of around $30B in gold bullion imported from Swiss refiners. I think this particular increase is more monetary in nature than an action attributed to tariffs. It could mean many things but exactly what we'll need to wait and see. 1
Joe Ferguson forever Posted Friday at 03:02 PM Posted Friday at 03:02 PM (edited) I think concern about the drop in the market is directly proportional to the level of investment the market, ie "skin in the game". Only 60% of Americans are invested in the market. A bit fewer pay federal tax (the bottom 50% pay 3% of all federal tax). The S&P is down 6.2% in the last month. A million dollar portfolio is down $60,000. A $100,000 is down $6k. A citizen with 0 in the market is down 0 and so on. MAGA seems less upset about the market and more about tax spending largely of other people's money. weird...maybe we should do a poll on investment amounts and taxes paid. that might be interesting... Edited Friday at 03:05 PM by Joe Ferguson forever 2
Big Blitz Posted Friday at 03:23 PM Posted Friday at 03:23 PM 16 minutes ago, Joe Ferguson forever said: MThe S&P is down 6.2% in the last month. What is it since January 7th? The pearl clutching - pure desperation bc Democrats legit have no plan is beyond pathetic. We’ve been in a recession since 2022. That’s an absolute fact. They changed the definition. They moved the goal posts on the metrics. Unemployment is going to increase - they’ve been holding off exactly like I said for the last 2 years in order to try to help Biden. There is going to be a drop in AG. Significantly. Real estate is going to bottom out. Impacting the parts of the country where homes are grossly over valued - DC specifically. College may bust. Credit may bust. Lots of carnage inherited by Trump the Democrats have zero plan to address. At best - summer of 2026 - but probably longer - the economy will begin to normalize. My guess is by 2028. In May of 2020 - myself along with the smart conservatives here - legit said TEN YEARS. You idiots created a 10 year crisis like we haven’t seen since the depression. So my timeline is currently tracking. Trump isn’t making things worse - he’s going to speed up that recovery timeline. But by all means, pay attention daily to the stock market. 2 1 1 1
Joe Ferguson forever Posted Friday at 03:32 PM Posted Friday at 03:32 PM (edited) 15 minutes ago, Big Blitz said: What is it since January 7th? The pearl clutching - pure desperation bc Democrats legit have no plan is beyond pathetic. We’ve been in a recession since 2022. That’s an absolute fact. They changed the definition. They moved the goal posts on the metrics. Unemployment is going to increase - they’ve been holding off exactly like I said for the last 2 years in order to try to help Biden. There is going to be a drop in AG. Significantly. Real estate is going to bottom out. Impacting the parts of the country where homes are grossly over valued - DC specifically. College may bust. Credit may bust. Lots of carnage inherited by Trump the Democrats have zero plan to address. At best - summer of 2026 - but probably longer - the economy will begin to normalize. My guess is by 2028. In May of 2020 - myself along with the smart conservatives here - legit said TEN YEARS. You idiots created a 10 year crisis like we haven’t seen since the depression. So my timeline is currently tracking. Trump isn’t making things worse - he’s going to speed up that recovery timeline. But by all means, pay attention daily to the stock market. Are you arguing that the to and fro on tariffs is not spooking the market? That the global chaos and uncertainty isn't affecting the market That global markets aren't down? Or is it just the US?....cuz BIDEN! All of that is playing havoc. And very likely is the cause of trump backing off on tariffs. Rifts with Canada, Mexico and Europe surely aren't helping. secondly, do you think the rubes would have lined up to vote for trump if he told them it would be the summer of 2026 before they saw any economic improvement? I don't and that's not what the MAGA czars are saying even now. Why is that? Thirdly, how much skin do you have in the game? Are you shorting the market based on your prognostications. Now would be a good time, if so fourth, do you truly believe all these economic cataclysms that you detail are now unavoidable, cuz I sure don't Edited Friday at 03:39 PM by Joe Ferguson forever 1
SectionC3 Posted Friday at 03:44 PM Posted Friday at 03:44 PM 11 minutes ago, Joe Ferguson forever said: Are you arguing that the to and fro on tariffs is not spooking the market? That the global chaos and uncertainty isn't affecting the market That global markets aren't down? Or is it just the US?....cuz BIDEN! All of that is playing havoc. And very likely is the cause of trump backing off on tariffs. Rifts with Canada, Mexico and Europe surely aren't helping. secondly, do you think the rubes would have lined up to vote for trump if he told them it would be the summer of 2026 before they saw any economic improvement? I don't and that's not what the MAGA czars are saying even now. Why is that? Thirdly, how much skin do you have in the game? Are you shorting the market based on your prognostications. Now would be a good time, if so fourth, do you truly believe all these economic cataclysms that you detail are now unavoidable, cuz I sure don't He just wants to blame Biden for everything. Not a peep about the tariff BS that supercharged this mess. Or Trumps promises to make us all rich in day one. 1
B-Man Posted Friday at 03:46 PM Posted Friday at 03:46 PM Trump, like Reagan in ’81, is willing to take the hits in his first year or so to deliver lasting results later. . 1
Joe Ferguson forever Posted Friday at 03:50 PM Posted Friday at 03:50 PM 3 minutes ago, SectionC3 said: He just wants to blame Biden for everything. Not a peep about the tariff BS that supercharged this mess. Or Trumps promises to make us all rich in day one. to be clear, some folks will get rich (richer). So could we if we possessed the crystal ball big blitz has.
SectionC3 Posted Friday at 03:56 PM Posted Friday at 03:56 PM 6 minutes ago, B-Man said: Trump, like Reagan in ’81, is willing to take the hits in his first year or so to deliver lasting results later. . Wartime spending. What a crock. You know who spent money like a drunken sailor? Trump 45. Huge increase in national debt even before COVID. During a period of no major war. Somebody has to slow it down, and it’s nice that you’ve found religion in that respect. But trump’s plans are not going to make that happen. 2
TH3 Posted Friday at 04:11 PM Posted Friday at 04:11 PM 45 minutes ago, Big Blitz said: What is it since January 7th? The pearl clutching - pure desperation bc Democrats legit have no plan is beyond pathetic. We’ve been in a recession since 2022. That’s an absolute fact. They changed the definition. They moved the goal posts on the metrics. Unemployment is going to increase - they’ve been holding off exactly like I said for the last 2 years in order to try to help Biden. There is going to be a drop in AG. Significantly. Real estate is going to bottom out. Impacting the parts of the country where homes are grossly over valued - DC specifically. College may bust. Credit may bust. Lots of carnage inherited by Trump the Democrats have zero plan to address. At best - summer of 2026 - but probably longer - the economy will begin to normalize. My guess is by 2028. In May of 2020 - myself along with the smart conservatives here - legit said TEN YEARS. You idiots created a 10 year crisis like we haven’t seen since the depression. So my timeline is currently tracking. Trump isn’t making things worse - he’s going to speed up that recovery timeline. But by all means, pay attention daily to the stock What is your education and professional experience that would lead us to believe you know what your are talking about? 2
Joe Ferguson forever Posted Friday at 04:23 PM Posted Friday at 04:23 PM 24 minutes ago, SectionC3 said: Wartime spending. What a crock. You know who spent money like a drunken sailor? Trump 45. Huge increase in national debt even before COVID. During a period of no major war. Somebody has to slow it down, and it’s nice that you’ve found religion in that respect. But trump’s plans are not going to make that happen. Almost never mentioned by MAGAs is that even with the unrealistic DOGE projected savings, the deficit still increases by 3 trillion because of tax cuts to the wealthy. Not sure how this aids the long game recovery. Perhaps @Big Blitz can explain... 1 1
SectionC3 Posted Friday at 04:38 PM Posted Friday at 04:38 PM 14 minutes ago, Joe Ferguson forever said: Almost never mentioned by MAGAs is that even with the unrealistic DOGE projected savings, the deficit still increases by 3 trillion because of tax cuts to the wealthy. Not sure how this aids the long game recovery. Perhaps @Big Blitz can explain... Tariffs is what they’ll say. Which makes no sense whatsoever and is yet another crock. 27 minutes ago, TH3 said: What is your education and professional experience that would lead us to believe you know what your are talking about? Undergrad at NewsMax College and MBA from the Maria Bartiromo school of business at Fox News U. 2 2
Joe Ferguson forever Posted Friday at 05:02 PM Posted Friday at 05:02 PM (edited) 23 minutes ago, SectionC3 said: Tariffs is what they’ll say. Which makes no sense whatsoever and is yet another crock. Undergrad at NewsMax College and MBA from the Maria Bartiromo school of business at Fox News U. Maybe they should look at total export dollars from Canada, Mexico and China. I just did. Correct me if I’m wrong but I totaled less than 1.5 trillion. You’d need 200% tariffs to offset that deficit. I bet he went to a fine high school. Western New York schools were pretty strong at one time. Edited Friday at 05:02 PM by Joe Ferguson forever
JDHillFan Posted Friday at 05:03 PM Author Posted Friday at 05:03 PM (edited) 1 hour ago, SectionC3 said: Undergrad at NewsMax College and MBA from the Maria Bartiromo school of business at Fox News U. On 3/4/2025 at 9:40 AM, SectionC3 said: Compound annual growth rate I believe was better under Biden. Any more info on compound annual growth rate being better under Biden? Or are wrong you about that? Edited Friday at 05:59 PM by JDHillFan
Big Blitz Posted Friday at 05:57 PM Posted Friday at 05:57 PM 2 hours ago, Joe Ferguson forever said: secondly, do you think the rubes would have lined up to vote for trump if he told them it would be the summer of 2026 before they saw any economic improvement? I don't and that's not what the MAGA czars are saying even now. Why is that? Thirdly, how much skin do you have in the game? Are you shorting the market based on your prognostications. Now would be a good time, if so fourth, do you truly believe all these economic cataclysms that you detail are now unavoidable, cuz I sure don't No one voted for him because he would INSTANTLY improve the situation. I know I didn’t. Lots of reasons for voting Trump. What does it matter - here 45 days in. You definitely didn’t vote for Biden because the economy was doing well. 2
Joe Ferguson forever Posted Friday at 06:41 PM Posted Friday at 06:41 PM 41 minutes ago, Big Blitz said: No one voted for him because he would INSTANTLY improve the situation. I know I didn’t. Lots of reasons for voting Trump. What does it matter - here 45 days in. You definitely didn’t vote for Biden because the economy was doing well. The highest rioting for trump voters was inflation. Many are people living paycheck to uncheck now. How do you think they’re going to fare given the outcomes you predict? On the bright side, the smarter one will vote D in the midterms. 1
Westside Posted Friday at 06:46 PM Posted Friday at 06:46 PM 2 hours ago, TH3 said: What is your education and professional experience that would lead us to believe you know what your are talking about? What is your education and professional experience that would help you understand what he is saying, rather than just attacking the messenger?
Joe Ferguson forever Posted Friday at 07:37 PM Posted Friday at 07:37 PM 4 hours ago, Big Blitz said: What is it since January 7th? The pearl clutching - pure desperation bc Democrats legit have no plan is beyond pathetic. We’ve been in a recession since 2022. That’s an absolute fact. They changed the definition. They moved the goal posts on the metrics. Unemployment is going to increase - they’ve been holding off exactly like I said for the last 2 years in order to try to help Biden. There is going to be a drop in AG. Significantly. Real estate is going to bottom out. Impacting the parts of the country where homes are grossly over valued - DC specifically. College may bust. Credit may bust. Lots of carnage inherited by Trump the Democrats have zero plan to address. At best - summer of 2026 - but probably longer - the economy will begin to normalize. My guess is by 2028. In May of 2020 - myself along with the smart conservatives here - legit said TEN YEARS. You idiots created a 10 year crisis like we haven’t seen since the depression. So my timeline is currently tracking. Trump isn’t making things worse - he’s going to speed up that recovery timeline. But by all means, pay attention daily to the stock market. Maybe you should rethink your strategy. Trump’s treasury secretary gave investment advice today: “Buy the dip”. You think he meant for investors to wait til summer 2026 to see a return? I’m thinking there will be a rebound sooner but that will largely be for to trump pulling back from his stupid tariffs. 1
AlBUNDY4TDS Posted Friday at 07:40 PM Posted Friday at 07:40 PM 3 hours ago, Joe Ferguson forever said: to be clear, some folks will get rich (richer). So could we if we possessed the crystal ball big blitz has. How many people made money off of the covid vaccine?
Joe Ferguson forever Posted Friday at 07:42 PM Posted Friday at 07:42 PM (edited) 3 minutes ago, AlBUNDY4TDS said: How many people made money off of the covid vaccine? You tell me. I didn’t. I don’t have stock in any of the manufacturers. Do you? I do however, recall some senators who cashed in on early knowledge of the pandemic on stock plays like zoom. Edited Friday at 07:44 PM by Joe Ferguson forever
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