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re: Did Any Posters Predicting Gloom & Doom For the Market & Economy Due To Trump's Tariffs...

Posted on 7/6/25 at 1:24 pm to
Posted by Harry Boutte
Louisiana
Member since Oct 2024
3996 posts
Posted on 7/6/25 at 1:24 pm to
quote:

ever acknowledge that they were wrong?

Maybe that's because they haven't been re-implemented yet.
quote:

Just days before the end of a 90-day pause he announced on his April 2 "Liberation Day" tariffs, Trump said the first batch of letters outlining the tariff levels they would face on exports to the United States would be sent to 12 countries on Monday.

LINK

We don't yet know what the effects will be.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 7/6/25 at 1:40 pm to
quote:

Nobody's spiking the football.



quote:

You fools were posting PRESENT TENSE about the stock market and economy and acting like Trump had buried us in an economic sense.

Link me to those comments I made.

You already tried to detail another thread with this claim.

Now, you've given yourself enough wiggle room by using terms like "gloom and doom", so I know the pivot is coming.

I did attack tangentially-related goals/rhetoric around tariffs.

Like in this thread about how tariffs were to "bring manufacturing back"

Or this thread I made specifically about the "refi" plan re: tariffs

Here is a thread about Trump using AOC/Bernie arguments, not directly tied to tariffs

Or me destroying Victor Davis Hansen making an dishonest argument

Or this HHTM thread from when Trump wasn't even in office discussing tariffs (specifically a Friedman quote about them)

And another

Nothing about "doom and gloom", just various arguments by me thwarting various arguments for tariffs, and then me describing the MAGA framing of tariffs and how they give multiple exclusive goals that can't work together and actually project no set goal ("art of the deal!").

I don't even know if I commented much, if at all, about the market. I sold 0 stocks during the dip, on a personal level. If I was more liquid I would have bought more MSFT and other tech stocks. I had money tied up in various high-rate CDs and they matured after the dip (but I did buy more tech stocks with it, but didn't come close to maximizing)
Posted by Harry Rex Vonner
Foggy Bottom Law School
Member since Nov 2013
50542 posts
Posted on 7/6/25 at 1:41 pm to
quote:

I’m also noticing a theme where people who were anti-war with Iran are getting retroactively lumped in with the anti-tariff cucks.




I'm anti war and so I just got lumped in with "economy gloom and doomers" by that queer jbdawg03 and her filthy vagina


my investments are great! and have been!
Posted by LuckyTiger
Top 1% On Onlyfans
Member since Dec 2008
52512 posts
Posted on 7/6/25 at 2:01 pm to
quote:

Those posters are now weather experts and have moved on


lol
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139022 posts
Posted on 7/6/25 at 2:25 pm to
quote:

Did Any Posters Predicting Gloom & Doom For the Market & Economy Due To Trump's Tariffs...
...ever acknowledge that they were wrong?


Though I'm under the impression that most of them weren't heavily invested in the first place. Fortunately.
Posted by KCT
Psalm 23:5
Member since Feb 2010
50051 posts
Posted on 7/6/25 at 3:46 pm to
quote:

Though I'm under the impression that most of them weren't heavily invested in the first place.


Well, we must've been reading different boards. I recall it being full-on meltdown mode for the usual suspects.
Posted by Gifman
Clearwater Beach, FL
Member since Jan 2021
18906 posts
Posted on 7/6/25 at 3:49 pm to
quote:

SlowFlowPro


Back for another beating but won’t notice it.

Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139022 posts
Posted on 7/6/25 at 4:06 pm to
quote:

I recall it being full-on meltdown mode for the usual suspects.
Oh, 100%!
By "fully invested," I'm referring to the markets, not the argument.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 7/6/25 at 4:14 pm to
quote:

Back for another beating

In imaginary land, sure.
Posted by KCT
Psalm 23:5
Member since Feb 2010
50051 posts
Posted on 7/6/25 at 4:15 pm to
quote:

Oh, 100%!
By "fully invested," I'm referring to the markets, not the argument.


Got it. I misunderstood what you were emphasizing.
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 7/6/25 at 4:21 pm to
Rodger he leaves the downturns in the market create prominent losses even if you didn't sell. Taking Financial advice from him would be on par to just going to an astrologist
Posted by mtntiger
Asheville, NC
Member since Oct 2003
29729 posts
Posted on 7/6/25 at 4:24 pm to
quote:

The rest of us are just racist and transphobic


You forgot misogynist and fascist.

I wear all of those labels with the utmost pride and satisfaction.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 7/6/25 at 4:30 pm to
quote:


Well, we must've been reading different boards.

I think you are actually confusing MT discussions with poli talk discussions

Just FYI
Posted by KCT
Psalm 23:5
Member since Feb 2010
50051 posts
Posted on 7/6/25 at 4:38 pm to
quote:

I think you are actually confusing MT discussions with poli talk discussions

Just FYI


I think you're a chameleon.

Just FYI.
Posted by blzr
Saratoga
Member since Mar 2011
30744 posts
Posted on 7/6/25 at 4:38 pm to
Most posters were on here trying to explain the market going down was good and it needed to…
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 7/6/25 at 4:39 pm to
quote:

I think you're a chameleon.

You're an inanimate object
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477219 posts
Posted on 7/6/25 at 4:40 pm to
quote:

Most posters were on here trying to explain the market going down was good and it needed to…

There was this, too, but they don't want to talk about that

"Wall Street" v. "Main Street"

LINK

quote:

Treasury Secretary Scott Bessent said Wednesday that President Donald Trump’s aim is for Main Street businesses and consumers to thrive even as the administration’s steep new tariffs threaten to tip the economy into a recession.

“For the last four decades, basically since I began my career in Wall Street, Wall Street has grown wealthier than ever before, and it can continue to grow and do well,” Bessent said at the American Bankers Association’s Washington Summit.

“But for the next four years, the Trump agenda is focused on Main Street. It’s Main Street’s turn. It’s Main Street’s turn to hire workers. It’s Main Street’s turn to drive investment, and it’s Main Street’s turn to restore the American Dream,” he said.

Trump’s imposition of higher tariffs a week ago has fueled the biggest four-day rout for stocks since the onset of the pandemic in 2020. The S&P 500
is nearly 19% off its record high from February, inches away from a 20% bear market.

While the wealthy own the majority of stock, Main Street’s participation has soared with the advent of individual retirement accounts in the 1970s and 401(k)s in the presidency of Ronald Reagan. What’s more, the stock market helps form business confidence, which in turn affects small businesses.
This post was edited on 7/6/25 at 4:44 pm
Posted by Houag80
Member since Jul 2019
19547 posts
Posted on 7/6/25 at 4:41 pm to
Upvote for your venture to honesty.
Posted by Houag80
Member since Jul 2019
19547 posts
Posted on 7/6/25 at 4:43 pm to
Downvote for you being a turd burglar
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
47449 posts
Posted on 7/6/25 at 4:44 pm to
If they were implemented like he said they were going to be on liberation day, they would have bombed the economy. He chickened out.
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