The Frankish Reich Posted April 7 Posted April 7 Market futures imply all major indexes will open down 4-7%. Even Bitcoin is down. Oil is tanking. Margin calls are coming. Trump will stupidly/unconvincingly declare victory over something or other and back down. His billionaire false friends can't take it anymore. I say it happens by tomorrow (Monday 4/7) afternoon. Anyone disagree?
B-Man Posted April 7 Posted April 7 1 hour ago, The Frankish Reich said: Hahahahahaha You are going to look mighty foolish come tomorrow evening. (Do I mean stocks will recover, no, but this nonsense about him being beholden to 'billionaires, is right out of the lemmings handbook) 1
Big Blitz Posted April 7 Posted April 7 (edited) Meanwhile. Oil is down and rates are lower. And taxes will soon follow. So, I don't mind paying a little more for a new iPhone or Nikes I don't really need anyway. And I'm 100% sure that if Kamala had won, we would be entering an economic death spiral of more government jobs, illegal immigrants, and deficit spending. I also think this turbulence will be exceptionally short-lived. One by one, all of our trading partners will negotiate a settlement that benefits America, while also committing to investing trillions of dollars here. And that’s worth noting. As the economy continued to crash under Democrat leadership - what exactly would they do? More spending more debts more taxes and no growth. Main Street completely crushed - and controlled by the censorship regime. There was no future in the Keynes spend our way out of this playbook. Trump is doing what needs to be done to course correct the unsustainable. You can trust his team or the people that told you once everyone is vaccinated we can reopen the economy will be fine inflation isn’t happening and Biden is mentally fit. Edited April 7 by Big Blitz 1 1 1
SectionC3 Posted April 7 Posted April 7 2 hours ago, The Frankish Reich said: Market futures imply all major indexes will open down 4-7%. Even Bitcoin is down. Oil is tanking. Margin calls are coming. Trump will stupidly/unconvincingly declare victory over something or other and back down. His billionaire false friends can't take it anymore. I say it happens by tomorrow (Monday 4/7) afternoon. Anyone disagree? Not sure. But this is going to spin out of control fast when the margin calls kick in. Circuit breaker may be the phrase that pays tomorrow afternoon. 56 minutes ago, Big Blitz said: Meanwhile. Oil is down and rates are lower. And taxes will soon follow. So, I don't mind paying a little more for a new iPhone or Nikes I don't really need anyway. And I'm 100% sure that if Kamala had won, we would be entering an economic death spiral of more government jobs, illegal immigrants, and deficit spending. I also think this turbulence will be exceptionally short-lived. One by one, all of our trading partners will negotiate a settlement that benefits America, while also committing to investing trillions of dollars here. And that’s worth noting. As the economy continued to crash under Democrat leadership - what exactly would they do? More spending more debts more taxes and no growth. Main Street completely crushed - and controlled by the censorship regime. There was no future in the Keynes spend our way out of this playbook. Trump is doing what needs to be done to course correct the unsustainable. You can trust his team or the people that told you once everyone is vaccinated we can reopen the economy will be fine inflation isn’t happening and Biden is mentally fit. This is ridiculous, even for you.
The Frankish Reich Posted April 7 Author Posted April 7 3 hours ago, IrishLass said: No, Tiktok got another 75 day reprieve. Because the law is only the law when you like it.
The Frankish Reich Posted April 7 Author Posted April 7 Bill Ackman, yesterday's MAGA hero for calling out Harvard and Columbia, quoted today: "this is not what we voted for." No, Bill, I'm sorry. This is exactly what you voted for. https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/ 3
Doc Brown Posted April 7 Posted April 7 That's the reassuring statement everyone was waiting for. A lot of nervous Republican Senators/Congressman right now.
stevestojan Posted April 7 Posted April 7 Just now, Doc Brown said: That's the reassuring statement everyone was waiting for. A lot of nervous Republican Senators/Congressman right now. He’s not calling a timeout, huh? This will hurt for a long while. 1
The Frankish Reich Posted April 7 Author Posted April 7 17 minutes ago, stevestojan said: He’s not calling a timeout, huh? This will hurt for a long while. Wait for: 1. Markets on Monday morning. 2. Polling (internal or public) This is so stupid he'll be pushed into killing it. Yes, even Trump. 1
Doc Brown Posted April 7 Posted April 7 11 minutes ago, stevestojan said: He’s not calling a timeout, huh? This will hurt for a long while. We'll see what happens. It may work but it probably won't based off similar efforts in our history. My whole problem is I didn't think the executive branch could implement vast economic policy changes without Congressional approval. It seems like he's greatly pushing the limits using the International Economic Policy Act which he's currently using to bypass Congress. I don't like one person having this much power in a system that prides itself on Checks and Balances. 1 2
frostbitmic Posted April 7 Posted April 7 11 hours ago, Doc Brown said: We should've let him buy the Bills. The new stadium would be in Moscow.
SectionC3 Posted April 7 Posted April 7 6 hours ago, The Frankish Reich said: Wait for: 1. Markets on Monday morning. 2. Polling (internal or public) This is so stupid he'll be pushed into killing it. Yes, even Trump. I hope so, but I wonder if it's too late. It's not like the markets are going to perk back up to where they were. Consumer confidence is down, relationships with trading partners are shattered, and trust is broken. Trading partners will buy less of our stuff as long as this fool is in office, and it's going to hurt not only trade deficits but businesses with foreign contracts for services.
leh-nerd skin-erd Posted April 7 Posted April 7 1 minute ago, SectionC3 said: I hope so, but I wonder if it's too late. It's not like the markets are going to perk back up to where they were. Consumer confidence is down, relationships with trading partners are shattered, and trust is broken. Trading partners will buy less of our stuff as long as this fool is in office, and it's going to hurt not only trade deficits but businesses with foreign contracts for services. What do you mean by “I wonder if it’s too late”? Too late for what? 1
JFKjr Posted April 7 Posted April 7 19 minutes ago, SectionC3 said: I hope so, but I wonder if it's too late. It's not like the markets are going to perk back up to where they were. Consumer confidence is down, relationships with trading partners are shattered, and trust is broken. Trading partners will buy less of our stuff as long as this fool is in office, and it's going to hurt not only trade deficits but businesses with foreign contracts for services. Your portfolio is a Tesla, eh? Someone set it on fire for no good reason.
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