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Da Economy

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Custard

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Re: Da Economy
« Reply #495 on: April 02, 2026, 02:58:05 PM »
Quote from: murphstahoe on April 02, 2026, 01:01:51 PM
Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices

But the Iranians are getting bombed into the Stone Age so probably worth it

I bet you didn’t rush here to post when Amazon added 5% in 2022 in the wake of gas going to $5 nationally
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murphstahoe

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Re: Da Economy
« Reply #496 on: April 02, 2026, 07:05:42 PM »
Quote from: Custard on April 02, 2026, 02:58:05 PM
I bet you didn’t rush here to post when Amazon added 5% in 2022 in the wake of gas going to $5 nationally


So you're mad that other guy I didn't support was bad just like your guy?

If Arizona and UConn play in the Final, you'll come here and say well yeah neener neener Michigan lost so there!
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Custard

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Re: Da Economy
« Reply #497 on: April 16, 2026, 08:49:58 AM »
S&P and Nasdaq continuing to set new highs. DJI back up near high of 50k. Strong jobs report and lower than expected inflation report. Supply lines for oil and LNG rerouting to US.  (All much to Tempo and Murph’s chagrin)
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murphstahoe

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Re: Da Economy
« Reply #498 on: April 16, 2026, 11:23:54 AM »
Quote from: Custard on April 16, 2026, 08:49:58 AM
S&P and Nasdaq continuing to set new highs. DJI back up near high of 50k. Strong jobs report and lower than expected inflation report. Supply lines for oil and LNG rerouting to US.  (All much to Tempo and Murph’s chagrin)

Hope it holds. War is still a very bad policy.
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Custard

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Re: Da Economy
« Reply #499 on: April 16, 2026, 05:30:34 PM »
Quote from: murphstahoe on April 16, 2026, 11:23:54 AM
Hope it holds. War is still a very bad policy.

Tempo told us war was good for the economy when this started. Then when the markets priced in uncertainty he said it was bad for the economy.
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murphstahoe

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Re: Da Economy
« Reply #500 on: April 16, 2026, 07:26:20 PM »
Quote from: Custard on April 16, 2026, 05:30:34 PM
Tempo told us war was good for the economy when this started. Then when the markets priced in uncertainty he said it was bad for the economy.

https://www.bloomberg.com/news/articles/2026-04-13/usda-wants-farmers-to-help-with-fertilizer-probe-as-prices-soar?utm_source=substack&utm_medium=email&embedded-checkout=true

USDA probably won’t get help from farmers because the fertilizer price increase is fake news also they’ve bought all their fertilizer anyway amirite?

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murphstahoe

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Re: Da Economy
« Reply #501 on: April 16, 2026, 07:27:54 PM »
Quote from: Custard on April 16, 2026, 05:30:34 PM
Tempo told us war was good for the economy when this started. Then when the markets priced in uncertainty he said it was bad for the economy.

Who said anything about the economy. I said “war is a bad policy”. This covers many facets of life.
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Reacher

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Re: Da Economy
« Reply #502 on: April 16, 2026, 09:53:20 PM »
Market futures aren’t exactly “the economy.”
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Reacher

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Re: Da Economy
« Reply #503 on: April 16, 2026, 09:54:16 PM »
If dipshit hadn’t inadvertently closed the Strait of Hormuz, the markets wouldn’t be as bothered.
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Custard

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Re: Da Economy
« Reply #504 on: Today at 01:54:02 AM »
Quote from: Reacher on April 16, 2026, 09:54:16 PM
If dipshit hadn’t inadvertently closed the Strait of Hormuz, the markets wouldn’t be as bothered.

With so many ships diverting to load oil in the US and Venezuela instead of through Hormuz it makes me wonder if it was actually inadvertent.
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murphstahoe

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Re: Da Economy
« Reply #505 on: Today at 10:11:42 AM »
Quote from: Custard on Today at 01:54:02 AM
With so many ships diverting to load oil in the US and Venezuela instead of through Hormuz it makes me wonder if it was actually inadvertent.

Yet - the story on the market jump today is that the market is up because of a cease fire and the strait opening up. That’s an argument for war being bad for markets.

As a general rule, the US drilling oil for export is a bad thing. Every barrel that gets burned makes the next one more valuable. If we burn all of ours, eventually we’ll be hostage to foreign sources. Maybe an old fuck like Trump doesn’t care - that’s not a Donald Problem, that’s Barrons problem
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ThePAMan

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Re: Da Economy
« Reply #506 on: Today at 12:16:38 PM »
Quote from: murphstahoe on Today at 10:11:42 AM
As a general rule, the US drilling oil for export is a bad thing. Every barrel that gets burned makes the next one more valuable. If we burn all of ours, eventually we’ll be hostage to foreign sources. Maybe an old fuck like Trump doesn’t care - that’s not a Donald Problem, that’s Barrons problem

This is an underrated point since we are not moving to electric vehicles at the rate the Chinese seem to be.

If we moved to electric vehicles, no one would give a shit about the Russians, Saudis, Iranians, Strait of Hormuz, etc.
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Custard

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Re: Da Economy
« Reply #507 on: Today at 12:18:27 PM »
Quote from: murphstahoe on Today at 10:11:42 AM
Yet - the story on the market jump today is that the market is up because of a cease fire and the strait opening up. That’s an argument for war being bad for markets.

As a general rule, the US drilling oil for export is a bad thing. Every barrel that gets burned makes the next one more valuable. If we burn all of ours, eventually we’ll be hostage to foreign sources. Maybe an old fuck like Trump doesn’t care - that’s not a Donald Problem, that’s Barrons problem

Yeah the articles ever since it’s been up keep saying it is up on hopes of a cease fire. But it hasn’t been over, the market has just accepted it and moved on. The uncertainty created a sell off and a huge buying opportunity because a lot of fundamentals look pretty good despite the “war”

When I was in commodities brokerage a lot of times people would ask why the market did what it did any given day. If there wasn’t some glaring market mover we would just say “speculation” or “profit taking” or “something something South America.”  That’s exactly what these stories are doing. They don’t know. If they did they wouldn’t be writing stories for a living.
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Custard

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Re: Da Economy
« Reply #508 on: Today at 12:20:17 PM »
Quote from: ThePAMan on Today at 12:16:38 PM
This is an underrated point since we are not moving to electric vehicles at the rate the Chinese seem to be.

If we moved to electric vehicles, no one would give a shit about the Russians, Saudis, Iranians, Strait of Hormuz, etc.

Which fossil fuel are we burning to power the EVs? We don’t really need to worry about overseas oil the way things are, and we aren’t running out of oil anytime soon. Iran has a vested interest in selling their oil, they won’t leave the Strait closed forever.
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ThePAMan

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Re: Da Economy
« Reply #509 on: Today at 12:21:14 PM »
Quote from: Custard on Today at 12:20:17 PM
Which fossil fuel are we burning to power the EVs? We don’t really need to worry about overseas oil the way things are, and we aren’t running out of oil anytime soon. Iran has a vested interest in selling their oil, they won’t leave the Strait closed forever.

They don't have to close it forever because TACO.
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