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re: How confident are you that Trump and his team know what they are doing with tariffs?
Posted on 5/2/25 at 10:03 pm to Victor R Franko
Posted on 5/2/25 at 10:03 pm to Victor R Franko
quote:
Was also wondering how their nest eggs look tonight vs April 2nd?
If your nest egg changes in a month, you’re doing it wrong.
As for the Ts, I really dont understand the panic. When one send you 3X more than you send them, you make the rules. And if you done, they will suffer much greater than you will. Either way you win.
0
Posted on 5/3/25 at 1:41 pm to Street Hawk
Insert 0.0 GIF
Posted on 5/6/25 at 5:43 am to 904
quote:Not true at all. Covid changed things.
It was almost equally as unlikely as it was likely that he would ever be reelected.
quote:It's a reasonable question.
Did he think to himself, "I've been itching to roll out all of these tariffs and renegotiate these trade deals since the 80's, but I'll probably just save it for my 2nd term even though I think it's critically important." ?
In 2017, Trump was a different person in terms of WashDC experience. The result was his momentum was stunted right off the bat. He was hamstrung with Russiagate. He chose advisors based on recommendations, rather than loyalty and personal experience. That turned out to be a mistake as many of those with their own ambitions, turned on him creating chaos.
Bottomline: Though he brought tariffs against China, renegotiated trade pacts, etc., Trump lacked political capital to pull off a 2025 paradigm-shifting approach.
Posted on 5/6/25 at 7:50 am to Street Hawk
quote:im as confident that they understand the complexities with it as much or more than anyone else that says they can forecast it all.
How confident are you that Trump and his team know what they are doing with tariffs?
I’m 100% sure that the US has long been getting the shite end of the stick and needed to secure some more favorable deals.
Do they know exactly how chips will fall? No.
Does anyone? No.
Am I happy on the direction? Yes
Posted on 5/6/25 at 7:55 am to SuperSaint
Same
Posted on 5/6/25 at 10:39 am to Penn
If not for the invention of mass hysteria through MSM, the market would have barely moved with these happenings.
Posted on 5/6/25 at 12:09 pm to NC_Tigah
quote:
In 2017, Trump was a different person in terms of WashDC experience. The result was his momentum was stunted right off the bat. He was hamstrung with Russiagate. He chose advisors based on recommendations, rather than loyalty and personal experience. That turned out to be a mistake as many of those with their own ambitions, turned on him creating chaos.
Has it crossed your mind that he was reelected precisely because he had sane people around him who kept his worst impulses in check during his first term?
Posted on 5/6/25 at 12:12 pm to mmmmmbeeer
Now he just has a bunch of yes men and women praising Dear Leader.
Posted on 5/6/25 at 1:10 pm to mmmmmbeeer
quote:Like Fauci, Milley, Tillerson, Pompeo, Sessions, Wray, etc? No TBH it hasn't. But that's more a discussion for the poli-board.
Has it crossed your mind that he was reelected precisely because he had sane people around him who kept his worst impulses in check during his first term?
They were all his appointments, albeit based on 'strong' recommendations, including Fauci to play lead in covid. So ITR the buck stops with Trump.
For this board though, a discussion of Powell's (another iof Trump's appts) new found view that tariffs are "inflationary" would be worth having.
Posted on 5/6/25 at 2:51 pm to NC_Tigah
quote:
Milley, Tillerson, Pompeo, Wray
Wow. We definitely aren't going to agree.
Posted on 5/6/25 at 2:53 pm to Street Hawk
I don’t think trump knows with certainty that China will relent.
While he can’t control China, he can control how he perceives the outcome and
I know that no matter what happens, trump will claim success.
While he can’t control China, he can control how he perceives the outcome and
I know that no matter what happens, trump will claim success.
Posted on 5/6/25 at 3:06 pm to mmmmmbeeer
quote:e.g., Milley may well be the worst CJC in US history. Trump appointed him. It is what it is.
We definitely aren't going to agree.
Posted on 5/6/25 at 3:22 pm to SlidellCajun
quote:
trump will claim success
This is a given and his followers will slurp it up.
Posted on 5/6/25 at 3:37 pm to VABuckeye
The guy has the attention span of a gnat
He's on China then he's blaming the French for Continental drift
He's too ADD for the complex issues
He's on China then he's blaming the French for Continental drift
He's too ADD for the complex issues
Posted on 5/6/25 at 4:02 pm to Tmcgin
quote:I take it we'll be on opposite sides of trades in the coming months.
The guy has the attention span of a gnat
Do you side with Trump or Powell on the FOMC rates game?
Posted on 5/6/25 at 7:12 pm to DarthRebel
quote:
If not for the invention of mass hysteria through MSM, the market would have barely moved with these happenings.
Utter nonsense. The MSM isn't what kept slow boats from leaving Europe and Asia because they had no idea what they would have to pay to get their product offloaded at port in 2-4 weeks.
As I've said many times before, while I personally disagree with it, there's nothing inherently wrong with Trump aggressively going after trade deals. His frick up was the first 30 days or so of how he handled it. Fortunately, he pulled his head out of his arse, and it looks like things are progressing reasonably well.
But the market crash is 100% due to Trump's buffoonery during the first month or so of this endeavor.
Posted on 5/6/25 at 7:55 pm to DarthRebel
quote:
If not for the invention of mass hysteria through MSM, the market would have barely moved with these happenings.
Stock market almost at 41k. The Panicans really are the worst
quote:
“While in Switzerland, Secretary Bessent will also meet with the lead representative on economic matters from the People’s Republic of China (PRC).”
This post was edited on 5/6/25 at 7:59 pm
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