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Posted on 7/6/25 at 12:25 pm to KCT
Stock markets the day before the '24 election vs. close of business Friday
DJIA 41,794.60 / 44,828.53
Nasdaq 18,179.98 / 20,601.10
S&P 5,712.69 / 6,279.35
DJIA 41,794.60 / 44,828.53
Nasdaq 18,179.98 / 20,601.10
S&P 5,712.69 / 6,279.35
Posted on 7/6/25 at 12:25 pm to KCT
Not a poster but there was one econ writer who admitted in his column that he was wrong and Trump was right. It was about 4 days ago.
This post was edited on 7/6/25 at 12:27 pm
Posted on 7/6/25 at 12:26 pm to TBoy
quote:
Did the tariffs change or not?
There were always going to be negotiations. If you don't understand that, then you don't understand business.
Somebody actually wrote a book once titled "The Art of the Deal," but I can't remember the author's name at the moment.
Posted on 7/6/25 at 12:30 pm to Zach
quote:
Not a poster but there was one econ writer who admitted in his column that he was wrong and Trump was right. It was about 4 days ago.
Yeah, I saw that.
Posted on 7/6/25 at 12:31 pm to TBoy
quote:
Did the tariffs change or not?
Certainly are higher than they were in some places.
quote:
You are acting as if Trump didn’t largely abandon the policies that tanked the markets.
Most though are on hold till the first of next month. We will see who makes a deal and who doesn't and how long that lasts. Trump's been wildly inconsistent about hyping up the big splashy penalty numbers and saying now this is the deal then putting in a delay to make a deal so it's hard to tell how much and what is actually seeing the tarrifs.
Posted on 7/6/25 at 12:32 pm to KCT
Did Cramer ever admit he was wrong?
Posted on 7/6/25 at 12:35 pm to TBoy
quote:
Did the tariffs change or not? You are acting as if Trump didn’t largely abandon the policies that tanked the markets.
You are digging a bigger hole for yourself proving how short sited you are.
Of course they changed and were always going to change as that is the whole point. You people just get so stuck on the talking points you can't see the forest for the trees.
Y'all were wrong and naive again and your own post proves it.
Posted on 7/6/25 at 12:43 pm to FireawayLSU
quote:Spot on.
Eggs, gas prices, stock market, tariffs, jobs, inflation, WW3. They’ve been wrong every single time.
"But we could still be right. Just wait and see"
Posted on 7/6/25 at 12:47 pm to ReauxlTide222
quote:
I can’t even fathom owning their post history over the last 12 months or so.
My actual post history or the fantasy post history people use to argue against?
Posted on 7/6/25 at 12:47 pm to FireawayLSU
Delete
This post was edited on 7/6/25 at 12:54 pm
Posted on 7/6/25 at 12:48 pm to Mushroom1968
quote:
now waiting to see if Trump will get blamed for floods in Texas.
Already seeing BS claims that DOGE cut 22 percent of emergency workers in Kerr county.
Posted on 7/6/25 at 12:49 pm to KCT
quote:
...ever acknowledge that they were wrong?
Honestly, I was concerned. But, as usual, Trump was right. I was wrong.
Not concerned about the economy anymore. In fact, I've gone all in.
Posted on 7/6/25 at 12:49 pm to The Baker
quote:
No they didnt. All of the esteemed macroeconomists.
poor Roger. 
Posted on 7/6/25 at 1:05 pm to BBONDS25
Anyone have an appropriate meme for a brother that posted on the market decline day that it looked like the country was being run by a guy that went bankrupt? BTW he votes just like his mother.
Posted on 7/6/25 at 1:11 pm to KCT
I'm not sure what you are talking about exactly.
However, any negative or positive effects will take some time to appear.
I personally hope it's just a negotiation tactic and not a long term policy. If it's long term, it's likely going to end up bad. As a negotiation tactic against countries that have been treating us unfairly - probably good in the end.
However, any negative or positive effects will take some time to appear.
I personally hope it's just a negotiation tactic and not a long term policy. If it's long term, it's likely going to end up bad. As a negotiation tactic against countries that have been treating us unfairly - probably good in the end.
Posted on 7/6/25 at 1:15 pm to 3down10
quote:
However, any negative or positive effects will take some time to appear.
The full tariffs haven't even been implemented and the deadlines keep being pushed back
The people spiking the football can't even give a clear goal for the policy, to know if the policy is even working or not.
This post was edited on 7/6/25 at 1:16 pm
Posted on 7/6/25 at 1:18 pm to SlowFlowPro
quote:
The people spiking the football
Nobody's spiking the football. You fools were posting PRESENT TENSE about the stock market and economy and acting like Trump had buried us in an economic sense.
Don't try to change the narrative NOW.
This post was edited on 7/6/25 at 1:19 pm
Posted on 7/6/25 at 1:19 pm to KCT
quote:
Somebody actually wrote a book once titled "The Art of the Deal," but I can't remember the author's name at the moment.
That would be Tony Schwartz.
Posted on 7/6/25 at 1:23 pm to KCT
I admit I was wrong. It is unknown what the future effect will be, but as of no,w there appears to be no issues.
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