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re: Are you enjoying watching the money wash away?

Posted on 3/4/25 at 12:10 pm to
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 3/4/25 at 12:10 pm to
The market is now pricing in 3 rate cuts, is what Steve Liesman said this morning. June, July, and September.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/4/25 at 12:11 pm to
Its going to be a shite show, but a fun one if you can stomach the losses.

People are going insane. Its kind of funny to watch
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138984 posts
Posted on 3/4/25 at 12:12 pm to
quote:

People are going insane. Its kind of funny to watch
in a dark way.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/4/25 at 12:13 pm to
quote:

in a dark way.


It was predictable, we just walked into this one.
Posted by bodask42
Tuscaloosa
Member since Aug 2009
2529 posts
Posted on 3/4/25 at 12:20 pm to
quote:

Report: Trump’s tariffs could add as much as $12K to new cars and trucks


I VERY briefly perused that article. Seems like the $12k number is if you bought a $48k vehicle from Mexico or Canada with a 25% tariff applied. So that math is simple, worst case, and not very nuanced, from the graphs I saw in the article.

So if you dont want to pay an extra $12k for a vehicle, buy one made in America.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/4/25 at 12:22 pm to
quote:


I VERY briefly perused that article. Seems like the $12k number is if you bought a $48k vehicle from Mexico or Canada with a 25% tariff applied


It will increase the cost of all cars, no matter where they are produced.
I doubt 12k is accurate, seems overstated but its inflationary.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/4/25 at 12:23 pm to
buy one made in America.

Will raise prices too.

1) Many cars assembled here use foreign components.

2) When competitors prices rise, so will the domestic mfgrs.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20109 posts
Posted on 3/4/25 at 12:24 pm to
You’re too dumb to be in the market

Take a lap pussy.
Posted by bodask42
Tuscaloosa
Member since Aug 2009
2529 posts
Posted on 3/4/25 at 12:25 pm to
quote:

It will increase the cost of all cars, no matter where they are produced.


Obviously tariffs on material will increase the prices of cars made in America as well, but much less so, and hopefully will incentivize car makers to use more steel also made in America.

Im just saying the $12k number is one of those, technically true, but kinda bullshite scare tactics that media uses.
Posted by nola tiger lsu
Member since Nov 2007
7379 posts
Posted on 3/4/25 at 12:25 pm to
Lot of angry incels here, all deflecting from the actual issue
Posted by jbdawgs03
Athens
Member since Oct 2017
13918 posts
Posted on 3/4/25 at 12:25 pm to
You seem to be incredibly stupid. Probably best that you avoid the internet for your own safety.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/4/25 at 12:25 pm to
quote:

all deflecting from the actual issue




90% dont even know what the actual issue is.
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
20109 posts
Posted on 3/4/25 at 12:26 pm to
quote:

Lot of angry incels here, all deflecting from the actual issue


Says the guy freaking out when the market is down after years of debt fueled, stupid gains.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138984 posts
Posted on 3/4/25 at 12:28 pm to
quote:

buy one made in America.

Will raise prices too.
It's the price of carrying a $37T debt
Posted by eddieray
Lafayette
Member since Mar 2006
19442 posts
Posted on 3/4/25 at 12:30 pm to
I have absolutely no faith in Trump and the economy and we’ll be iced out by other countries when it fails because he’s trying to leverage the goodwill we’ve built for 150 years for one stupid purpose after another
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 3/4/25 at 12:30 pm to
quote:

Lot of angry incels here, all deflecting from the actual issue


Don't run with scissors.
Posted by bodask42
Tuscaloosa
Member since Aug 2009
2529 posts
Posted on 3/4/25 at 12:32 pm to
quote:

I have absolutely no faith in Trump and the economy and we’ll be iced out by other countries when it fails because he’s trying to leverage the goodwill we’ve built for 150 years for one stupid purpose after another


Since you are totally bought in that Trump will fail, you should definitely adjust any investments you make to short against the US economy under Trump. Seems like a pretty easy way to get rich quick since you know for a fact that Trump will ruin our economy. Please keep us updated over the next 4 years how that’s going for you.
This post was edited on 3/4/25 at 12:34 pm
Posted by newmexicotiger
Member since Sep 2017
4420 posts
Posted on 3/4/25 at 12:35 pm to
How long do the tariff games last before we move on?

It's only been a few minutes. Give it a couple more hours
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