IlliniHQ 2
General Category => The Deuce => Topic started by: murphstahoe on June 06, 2024, 11:44:36 PM
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Deserves it's own thread. Have a conceptual question for Q97...
Supposedly Keith Gill bought 120,000 contracts on Gamestop, which are basically deep in the money - because he announced a live stream.
Either someone has to buy back the contracts from him or they have to deliver shares. Let's say the people who wrote the contracts are like "screw it, here's your shares". If Gill doesn't have the cash to take the shares....
I guess he eventually has to blink and start selling his contracts, and the buyers can try to lowball him, knowing that he can't let them expire since he can't afford to buy the shares...
this is a really interesting case where "something" has a "price", stock has a price, the option has a price, but the price is really "last traded price" but cannot possibly scale to liquidate since there aren't enough buyers to absorb the current owner disposing of the item.
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He bought the options so he is the owner of the contract. He decides when to exercise or just close out (sell) the contract at the market price.
For every contract he bought there was a seller out there so they are the ones that are gonna get fucked with big negative returns.
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He bought the options so he is the owner of the contract. He decides when to exercise or just close out (sell) the contract at the market price.
For every contract he bought there was a seller out there so they are the ones that are gonna get fucked with big negative returns.
Understood.
Let's say the stock goes to 60. They have to deliver shares. What if they don't have the money...? I mean, you can say they are fucked, but that doesn't make money appear.
Reference: when the housing market went kaput in 2008, Burry, Reisman, etc.. had default swaps on the defaulting mortgage bonds, but AIG was in no position to pay them out at par. To realize profits they were selling CDS contracts at half or less of what the insurance contract would pay, to people willing to try to extract value from CDS contracts that had value at face but the guarantor was going bankrupt.
At some point, Gill might have options at 20, stock could be at 60, and he takes 10-20 bucks a share for the contracts to close his position to someone willing to go to court with the contract's seller.
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Understood.
Let's say the stock goes to 60. They have to deliver shares. What if they don't have the money...? I mean, you can say they are fucked, but that doesn't make money appear.
Reference: when the housing market went kaput in 2008, Burry, Reisman, etc.. had default swaps on the defaulting mortgage bonds, but AIG was in no position to pay them out at par. To realize profits they were selling CDS contracts at half or less of what the insurance contract would pay, to people willing to try to extract value from CDS contracts that had value at face but the guarantor was going bankrupt.
At some point, Gill might have options at 20, stock could be at 60, and he takes 10-20 bucks a share for the contracts to close his position to someone willing to go to court with the contract's seller.
Hopefully those that are short calls are writing them covered (owning 100 shares of GME for every 1 option)
The folks that are short naked calls ( don't hold the underlying 100 shares per contract and extremely risky due to potential for unlimited loss) are more advanced investors and shouldn't be approved for that level unless that have substantial assets and trading experience
if Gill has 20 strike options and the stock is 60, at expiration or close to it, that option contract would be worth 40 bucks each
The OCC (Option Clearing Corporation) deals with all the execution and opening/closing of contracts
No way he'll get short changed due to the fact that if there's anyone out there that could acquire (in your example) 20 dollar strike options for 10-20 bucks when the underlying stock is 60 bucks, that would be a tasty arbitrage opportunity for everyone (able to acquire a stock for 40 bucks that's worth 60, instant 20 dollar per share profit!)
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Hopefully those that are short calls are writing them covered (owning 100 shares of GME for every 1 option)
The folks that are short naked calls ( don't hold the underlying 100 shares per contract and extremely risky due to potential for unlimited loss) are more advanced investors and shouldn't be approved for that level unless that have substantial assets and trading experience
Counterpoint: Bear Stearns
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https://www.msn.com/en-us/news/technology/nvidia-stock-surge-boosts-employee-worth-to-over-100-million-each/ar-BB1nZP86?ocid=entnewsntp&pc=U531&cvid=7ea5b7402ca0428caeba5d0ad0138209&ei=11
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https://www.msn.com/en-us/news/technology/nvidia-stock-surge-boosts-employee-worth-to-over-100-million-each/ar-BB1nZP86?ocid=entnewsntp&pc=U531&cvid=7ea5b7402ca0428caeba5d0ad0138209&ei=11
Tell ya what if I had a hundred million of my own dollars I'd sure as shit retire while I could still enjoy it
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Tell ya what if I had a hundred million of my own dollars I'd sure as shit retire while I could still enjoy it
Waiting until my son goes to college - there are some tangible benefits to having that green logo that filter down to him that money can't really buy, he got into a pretty nice camp at UIUC this summer in the EE/CS department. The company has some really good summer STEM programs for employee kids - in our labs playing with CUDA/AI programming, and that ends up on resumes. In the current environment, it's a pretty good name drop - I mean maybe that's not the straw that broke the camel's back but he has friends who did not get in.
And it's fun work, the company treats us very well, including with respect to PTO.
Been a wild ride.
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Waiting until my son goes to college - there are some tangible benefits to having that green logo that filter down to him that money can't really buy, he got into a pretty nice camp at UIUC this summer in the EE/CS department. The company has some really good summer STEM programs for employee kids - in our labs playing with CUDA/AI programming, and that ends up on resumes. In the current environment, it's a pretty good name drop - I mean maybe that's not the straw that broke the camel's back but he has friends who did not get in.
And it's fun work, the company treats us very well, including with respect to PTO.
Been a wild ride.
Ah nice, are you trying to get your son into UIUC?
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Ah nice, are you trying to get your son into UIUC?
well, he's only a Freshman...
Certainly he'll end up applying - I mean the only "trying" I can do is help him do good in High School. Can't buy your way in, and he's not gonna be an Underwood recruit
I were king I'd wish he'd get into and attend Cal-Berkeley, but that's equally crazy competitive as Illinois.
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The
Most
Valuable
Company
In
The
World
And y'all wouldn't listen to your fellow alum
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Nvidia down 8% today. CNBC blaming it on Trump rattling sabres for tariffs and china.
What will my MAGA relatives do? Trump is softening on abortion and crashing their stock portfolio. It's all fine and good in the cult until the pocketbook gets punished.
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She's worse at this than Jasn!
https://x.com/quiverquant/status/1818326015766081795?s=46&t=8UlDFE3EzIqoUdx1InLIsw
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She's worse at this than Jasn!
https://x.com/quiverquant/status/1818326015766081795?s=46&t=8UlDFE3EzIqoUdx1InLIsw
Almost as bad as Cathy Wood!
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Almost as bad as Cathy Wood!
When will that nutter's 15 minutes end?
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She's worse at this than Jasn!
https://x.com/quiverquant/status/1818326015766081795?s=46&t=8UlDFE3EzIqoUdx1InLIsw
She’s no Nancy Pelosi.
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She’s no Nancy Pelosi.
That's a good one, Tempo!
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She’s no Nancy Pelosi.
Pelosi is an even more legendary investor than Warren Buffett
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Will QAnon97 finally come out on top in this contest the way things are going?
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Will QAnon97 finally come out on top in this contest the way things are going?
His calls are already past the strike date.
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Sounds like there are quite a few buying opportunities out there.....
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Sounds like there are quite a few buying opportunities out there.....
Sometimes a blind squirrel finds a nut. Wife decided she hated our rental, so we closed escrow on a purchase this week. I sold the stock to pay for it 3 weeks ago. Better lucky than good.
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Sometimes a blind squirrel finds a nut. Wife decided she hated our rental, so we closed escrow on a purchase this week. I sold the stock to pay for it 3 weeks ago. Better lucky than good.
Murph relating to the common American, yet again!
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Murph relating to the common American, yet again!
Well, it used to be common for Americans to work hard, anyway.
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Will QAnon97 finally come out on top in this contest the way things are going?
PAMan = Paper Hands is a match?
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PAMan = Paper Hands is a match?
Ha..maybe look at the 401(k) accounts every six months to make sure they are still there....
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Will QAnon97 finally come out on top in this contest the way things are going?
I presume this was a rhetorical question
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I presume this was a rhetorical question
Was thinking QAnon97 would be supporting a recession....
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Was thinking QAnon97 would be supporting a recession....
soft landing gang
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soft landing gang
Fed going to cut rates soon? What's your call?
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Fed going to cut rates soon? What's your call?
Depends on who Powell favors in the election.
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https://thechaikinreport.com/wall-street-legend-who-called-the-priceline-collapse-in-2012-the-2020-crash-and-the-2022-bear-market-issues-a-dire-warning-for-americas-favorite-a-i-stocks/?cid=MKT751062&eid=MKT811920&utm_source=taboola&utm_medium=referral#tblciGiC6ERO0zE7CxwDgydZzWPTUR_Zy4gyOwvm6PMbT4Wuy_SC8jD0o7Jyu0eXl8LulATDVpUg
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Sell murph sell!
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https://thechaikinreport.com/wall-street-legend-who-called-the-priceline-collapse-in-2012-the-2020-crash-and-the-2022-bear-market-issues-a-dire-warning-for-americas-favorite-a-i-stocks/?cid=MKT751062&eid=MKT811920&utm_source=taboola&utm_medium=referral#tblciGiC6ERO0zE7CxwDgydZzWPTUR_Zy4gyOwvm6PMbT4Wuy_SC8jD0o7Jyu0eXl8LulATDVpUg
where are the 15 times he was really wrong?
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You could probably give me a show and I’d end up being right about as much as Jim Cramer. He’s good at TV, though.
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Who's ready for the ballgame today?
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Who's ready for the ballgame today?
Are you passing along insider info?
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Are you passing along insider info?
buy a time machine and go back 5 years, buy Nvidia
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Yuge IPO pop for Newsmax - did Q97 get in?
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Yuge IPO pop for Newsmax - did Q97 get in?
we were not underwriters on that deal unfortunately
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Checking my 401k
Yup - it's a 200.5k
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Checking my 401k
Yup - it's a 200.5k
I looked at mine this morning. That was fun.
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fdshjkl
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Live feed from Q97 at work
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(https://i.ibb.co/057BCFm/IMG-9824.jpg) (https://ibb.co/wtkJSwB)
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(https://i.ibb.co/057BCFm/IMG-9824.jpg) (https://ibb.co/wtkJSwB)
We aren't panicking because of the stock market going down. The stock market is going down because we are panicking about the tariffs. Just like we panicked about COVID, causing the market to go down in the year your graph conveniently excludes on the left side.
The thing is - when COVID was causing us to panic, Trump told us COVID would go away.
The tariffs are causing us to panic, and Trump is telling us that he's going to increase them more.
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We aren't panicking because of the stock market going down. The stock market is going down because we are panicking about the tariffs. Just like we panicked about COVID, causing the market to go down in the year your graph conveniently excludes on the left side.
The thing is - when COVID was causing us to panic, Trump told us COVID would go away.
The tariffs are causing us to panic, and Trump is telling us that he's going to increase them more.
It’s transitory!
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The emerging rumor was from a twitter account "Walter Bloomberg" - not affiliated with Bloomberg News
At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."
At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.
By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.
At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.
At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.
At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."
By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior.
Never in history have we seen something like this
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So, why exactly am I hemorrhaging money out of my retirement account?
This is so much fun. Glad MAGA is owning the dems.
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So, why exactly am I hemorrhaging money out of my retirement account?
This is so much fun. Glad MAGA is owning the dems.
The administration been transparent about the whys and hows of this whole shakeup. People in the media have laid out the entire scenario. They hold pressers and release data and info constantly, but it’s almost like most of the legacy media makes it hard to find. Whether you believe them or not I guess is up to you.
I do believe the path we have been on is unsustainable and drastic measures needed to be taken to put us on a better course—if our entire economic strategy is to keep deficit spending and quantitative easing our 401ks won’t be worth anything eventually regardless.
If there was a more gentle way to do this they probably would have done it. Once things settle out the markets will be back. Or maybe we are headed for another depression.
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The emerging rumor was from a twitter account "Walter Bloomberg" - not affiliated with Bloomberg News
At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."
At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.
By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.
At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.
At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.
At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."
By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior.
Never in history have we seen something like this
So the rumors of transient sanity have been greatly exaggerated.
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(https://i.ibb.co/ycbN8QWh/Screenshot-20250407-132721-Chrome.jpg) (https://ibb.co/Kp359rFN)
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All I know right now is I'm losing money. I don't like losing money. And certain things are going to be more expensive.
That's fucking great.
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The administration been transparent about the whys and hows of this whole shakeup. People in the media have laid out the entire scenario. They hold pressers and release data and info constantly, but it’s almost like most of the legacy media makes it hard to find. Whether you believe them or not I guess is up to you.
I do believe the path we have been on is unsustainable and drastic measures needed to be taken to put us on a better course—if our entire economic strategy is to keep deficit spending and quantitative easing our 401ks won’t be worth anything eventually regardless.
If there was a more gentle way to do this they probably would have done it. Once things settle out the markets will be back. Or maybe we are headed for another depression.
if your first statement were true, the market would have collapsed the day after the election.
Bill Ackman is running around "THiS iS NoT wHAt We VoTEd fOR".
Had Trump rolled out his little cardboard sign in October and said "This is what we are gonna do", he would have been abandoned by all of his big donors immediately, who would be yelling to the heavens to anyone who could listen that Trump's plan is to crater the stock market. But he didn't. He said "I will lower the price of eggs on day 1".
Lutnick is up there on TV talking about how we are gonna have millions of Americans putting screws into iPhones. I guess if Trump had said at one of his rallies "A lot of you are gonna be putting screws into iPhones - A LOT" - maybe the people at the rallies would think that would be a good thing. But - it's not.
The beauty of the US economy is that we can print many many millionaires who design iPhones and pay some people in China and Vietnam a tiny amount of money to put screws into the iPhones. For the Americans who don't have the mental capacity to learn Computer Science or Electrical Engineering, thanks to the people who do, there are a lot of very good jobs in Construction being created that cannot be offshored. And higher paying, much better jobs still exist in the Automotive sector, in large part because the lower value added parts of that sector are offshored.
I had a summer job in high school making hard drives. It was an awful job. Suit up into a bunny suit, then go into the lab and do a repetitive job for hours never even seeing another person's face or having a conversation. And that job was probably 10x as good as phone manufacturing. But if we try to upend the economy to get phone jobs here, what's really gonna happen is we fuck up Apple, and lose a lot of good jobs in construction and service sector supporting the people working at Apple.
The US economy has been pretty goddamn awesome for a very long time. Peaks and valleys? Every other country in the world would DIE to have our valleys. Now Trump is running a real time experiment on trying to fuck that up.
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All I know right now is I'm losing money. I don't like losing money. And certain things are going to be more expensive.
That's fucking great.
If you voted for Trump you can put a big sticker on your forehead that says "I DID THAT"
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If you voted for Trump you can put a big sticker on your forehead that says "I DID THAT"
I voted for the meteor.
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I don't recall the CHIPS Act causing worldwide economic stress.
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S&P 500 INDEX
$5,074.27
+0.19(0.00%)
Refresh
As of Apr-07-20252:45:48 PM ET
NASDAQ 100 INDEX
$17,543.18
+145.489(+0.84%)
Refresh
As of Apr-07-20252:47:55 PM ET
None of your posts age well, but this one has receipts.
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Surface level analysis of this is disingenuous at best. The economy is way more than the DJI and the market could very easily bounce back to record highs once these things get ironed out. Sucks that roughly half the country is literally rooting for this strategy to fail and can’t see anything other than the stock market.
This clip helps explain what’s happening
(no one will click on it because it says Fox business) but you know most news outlets aren’t going to give anything other than “zomg stocks are down panic” the time of day.
https://www.foxbusiness.com/video/6371178281112
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You should DM that link to Dave Portnoy. He seems to be a little upset with what is going on.
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Surface level analysis of this is disingenuous at best. The economy is way more than the DJI and the market could very easily bounce back to record highs once these things get ironed out. Sucks that roughly half the country is literally rooting for this strategy to fail and can’t see anything other than the stock market.
This clip helps explain what’s happening
(no one will click on it because it says Fox business) but you know most news outlets aren’t going to give anything other than “zomg stocks are down panic” the time of day.
https://www.foxbusiness.com/video/6371178281112
I'm not rooting for anything to fail. I'm rooting for "not losing money."
This is fucking bullshit.
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You should DM that link to Dave Portnoy. He seems to be a little upset with what is going on.
Are you saying Portnoy has a complaint?
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And, I will say that if we had this kind of tank in the market under Biden, Custard would be shitting his pants, instead of saying, well gee, the market will correct itself, durrr.
Nah. This is fucked. Your guy is starting some shit that didn't need to be started. Period.
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And, if you source fox anything, I'll tell you to go fuck yourself.
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Surface level analysis of this is disingenuous at best. The economy is way more than the DJI and the market could very easily bounce back to record highs once these things get ironed out. Sucks that roughly half the country is literally rooting for this strategy to fail and can’t see anything other than the stock market.
This clip helps explain what’s happening
(no one will click on it because it says Fox business) but you know most news outlets aren’t going to give anything other than “zomg stocks are down panic” the time of day.
https://www.foxbusiness.com/video/6371178281112
NOBODY is "rooting" for this strategy to fail. I had to laugh at Kamala Harris the other night crowing "I don't want to say I told you so" - why on earth did you think you lost Kamala? Schadenfreude is an ugly look for a politician. If Trump's strategy fails, I might even lose my 9th digit! I'd be a 90 millonaire! And that's not even a thing! If you lose a huge chunk of your money, what good is it saying "nee ner nee ner I lost my money and it was your fault!"
We *KNOW* it's gonna fail. The Dow, or S&P isn't "the economy" but it is a huge chunk of the country's wealth. When people's wealth gets cut by 20-30%, they stop taking vacations, buying houses, going out to eat. That's what causes recessions - drops in consumer confidence. Companies whose stocks are down retrench rather than issuing new equity to expand and create more jobs. Add in that foreign travel to the US is getting nuked, so much for those tourist dollars (which by the way aren't included in Trump's so called trade deficits).
There's no "ironing out" going on. The only "ironing out" would be "ok, never mind, no tariffs". If I were our trading partners, I'd be like "fuck you not removing our tariff response because you are run by a drunken sailor and I don't trust you".
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I'm not rooting for anything to fail. I'm rooting for "not losing money."
This is fucking bullshit.
jobu the wise
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And, I will say that if we had this kind of tank in the market under Biden, Custard would be shitting his pants, instead of saying, well gee, the market will correct itself, durrr.
Nah. This is fucked. Your guy is starting some shit that didn't need to be started. Period.
There was a drop in the market in January 2022 and Custard did in fact shit his pants, in the Joe Biden thread.
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You should DM that link to Dave Portnoy. He seems to be a little upset with what is going on.
Figures the nouveau rich would just assume the market always goes up and doesn’t realize what a buying opportunity is.
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NOBODY is "rooting" for this strategy to fail. I had to laugh at Kamala Harris the other night crowing "I don't want to say I told you so" - why on earth did you think you lost Kamala? Schadenfreude is an ugly look for a politician. If Trump's strategy fails, I might even lose my 9th digit! I'd be a 90 millonaire! And that's not even a thing! If you lose a huge chunk of your money, what good is it saying "nee ner nee ner I lost my money and it was your fault!"
We *KNOW* it's gonna fail. The Dow, or S&P isn't "the economy" but it is a huge chunk of the country's wealth. When people's wealth gets cut by 20-30%, they stop taking vacations, buying houses, going out to eat. That's what causes recessions - drops in consumer confidence. Companies whose stocks are down retrench rather than issuing new equity to expand and create more jobs. Add in that foreign travel to the US is getting nuked, so much for those tourist dollars (which by the way aren't included in Trump's so called trade deficits).
There's no "ironing out" going on. The only "ironing out" would be "ok, never mind, no tariffs". If I were our trading partners, I'd be like "fuck you not removing our tariff response because you are run by a drunken sailor and I don't trust you".
Trade deals are being reworked and things will stabilize. I would think successful guys like you all here could temporarily sacrifice a few percent of your worth (some of which you didn’t even have until the post-election market runup) to address the serious systemic issues that impact the financial future of the entire country. But sounds like you’d rather just keep pumping printed money into the market in perpetuity until we finally collapse under the weight of our own debt.
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White House economic advisor Kevin Hassett gave an interview to Fox this morning and was asked if Trump would consider a pause on his tariffs for 90 days. His response was something like “the president will do what he will do.”
Well done, Hassett. Do you advise or just nod your head to whatever Trump does?
It's pretty clear that Trump has surrounded himself with incompetent sycophants, none of whom are fit to hold the offices they're in. They were chosen for their unquestioning subservience.
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Trade deals are being reworked and things will stabilize. I would think successful guys like you all here could temporarily sacrifice a few percent of your worth (some of which you didn’t even have until the post-election market runup) to address the serious systemic issues that impact the financial future of the entire country. But sounds like you’d rather just keep pumping printed money into the market in perpetuity until we finally collapse under the weight of our own debt.
Tariffs were announced Wednesday, starting a decline on Thursday.
The S&P 500 closed at 5782 on Nov 5, before the election
The S&P 500 closed at 5690 on April 2, before the tariffs were announced.
I know you flunked alegbra but even in basic math you'd learn that 5690 is below 5782
For a "deal" to be "re-worked" there has to be a "deal" to start with. Trump just slapped dumb ass tariffs in place.
He's a fucking moron, you shitposting troll.
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Well done, Hassett. Do you advise or just nod your head to whatever Trump does?
It's pretty clear that Trump has surrounded himself with incompetent sycophants, none of whom are fit to hold the offices they're in. They were chosen for their unquestioning subservience.
the scary part is no matter how batshit he gets, removal by the 25th Amendment has to happen via a vote from the Cabinet, who were chosen for their own batshittiness
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NOBODY is "rooting" for this strategy to fail. I had to laugh at Kamala Harris the other night crowing "I don't want to say I told you so" - why on earth did you think you lost Kamala? Schadenfreude is an ugly look for a politician. If Trump's strategy fails, I might even lose my 9th digit! I'd be a 90 millonaire! And that's not even a thing! If you lose a huge chunk of your money, what good is it saying "nee ner nee ner I lost my money and it was your fault!"
We *KNOW* it's gonna fail. The Dow, or S&P isn't "the economy" but it is a huge chunk of the country's wealth. When people's wealth gets cut by 20-30%, they stop taking vacations, buying houses, going out to eat. That's what causes recessions - drops in consumer confidence. Companies whose stocks are down retrench rather than issuing new equity to expand and create more jobs. Add in that foreign travel to the US is getting nuked, so much for those tourist dollars (which by the way aren't included in Trump's so called trade deficits).
There's no "ironing out" going on. The only "ironing out" would be "ok, never mind, no tariffs". If I were our trading partners, I'd be like "fuck you not removing our tariff response because you are run by a drunken sailor and I don't trust you".
The bond market is larger than the stock market and is doing fine.
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The bond market is larger than the stock market and is doing fine.
yields are going up meaning bond prices are going down.
Which should be the opposite of what you see when people are selling stocks. Money is fleeing the stock market and who knows where it's landing.
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yields are going up meaning bond prices are going down.
Which should be the opposite of what you see when people are selling stocks. Money is fleeing the stock market and who knows where it's landing.
They are moving from long duration to short duration due to stagflation fears
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They are moving from long duration to short duration due to stagflation fears
Yields are up on every duration, from the 1 month to the 30 year
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Money is fleeing the stock market and who knows where it's landing.
Apparently nowhere.
https://www.wsj.com/finance/stocks/americans-are-sitting-on-a-cash-pile-as-stocks-reel-4b782b92
Of course Warren Buffet foresaw what was going to happen and started selling off right after the election.
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the serious systemic issues that impact the financial future of the entire country.
Oh, are we ramping up antitrust enforcement and adopting Scandanavian tax rates?
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Oh, are we ramping up antitrust enforcement and adopting Scandanavian tax rates?
Murph’s wet dream!
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Tariffs were announced Wednesday, starting a decline on Thursday.
The S&P 500 closed at 5782 on Nov 5, before the election
The S&P 500 closed at 5690 on April 2, before the tariffs were announced.
I know you flunked alegbra but even in basic math you'd learn that 5690 is below 5782
For a "deal" to be "re-worked" there has to be a "deal" to start with. Trump just slapped dumb ass tariffs in place.
He's a fucking moron, you shitposting troll.
Gosh, Murph, why’d you pick the S&P? DJI didn’t fit the narrative? I mean it hasn’t been this damn low since August!
Best part is you just proved my point—It’s basically the same as it was on Election Day.
But it gets better:
What happened to it after Election Day?
It went up almost 6%, almost exactly what it’s down now. The money we just “lost” was what we made since he was elected.
Guess you also missed Netanyahu falling all over himself to balance the trade deficit with the US today. See how that works when you have all the leverage? Tempo must be appalled.
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Apparently nowhere.
https://www.wsj.com/finance/stocks/americans-are-sitting-on-a-cash-pile-as-stocks-reel-4b782b92
Of course Warren Buffet foresaw what was going to happen and started selling off right after the election.
Dude campaigns on massive tariffs, gets elected, institutes massive tariffs, and people are surprised there are disruptions to the markets when the tariffs hit? This is elementary school level shit here.
When the election swung this way, I bought a couple more guns, ammo, made sure I had 6 months of nonperishable food, lanterns, backup generator, fuel, etc. Doomsday prepping? Perhaps, just had a feeling that once Trump started implementing his agenda the left would do whatever it took to derail it.
When tariff/border talk heated up, I shorted my positions in Tesla, Nvidia and fentanyl, went long on DeepSeek and precious metals (thanks infomercial guy!) and reinvested the gains into being a Bears fan again. For a while.
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No wonder you won The Only Bracket Tournament That Matters!
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No wonder you won The Only Bracket Tournament That Matters!
This level of prescience is a blessing and a curse!
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Business Insider headline.
"Why stocks are jumping after 3 days of brutal losses"
Yesterday was not brutal.
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Business Insider headline.
"Why stocks are jumping after 3 days of brutal losses"
Yesterday was not brutal.
The 3 day loss was brutal, and a big chunk of it was yesterday, and the close was not nearly as bad as the low. This was a sequence as bad as 1987
It starts to smell more and more like performance art.
Peter Navarro is the tariff architect.
Elon Musk is the golden boy of DOGE
Today Musk calls Navarro dumber than a sack of bricks? How's that gonna dovetail in the Trump orbit? His two front and center guys slinging mud at each other? I didn't sell jack shit because I figure the US Economy is too big a ship for even these dumbshits to sink, and that there was a fairly high percentage chance this was just a show in order to grift off front running the market with chaos.
If that's true, Musk is the dumbest patsy in the world. If they "come up with a deal!" on tariffs which basically results in not much actually changing, we'll all sail along except that Musk has done permanent damage to his brand, which will be hundreds of billions of real dollars in market cap for Tesla. Shit, now he's even done more damage by ripping on Trump's key appointee - now everyone will hate him!
Thing is - there is video of Trump in the 80's talking about how great tariffs are. So it's not like he never believed this shit and just decided to fuck up the market for a few days so his cronies can exploit it. Is someone pulling his strings, levering off his stupidity to front run a market crash, then organize what's effectively a fake deal that Trump will think is a huge win?
A lot of real people are collateral damage in all this. A lot of suppliers did in fact raise prices on goods based on presumed tariffs, and a lot of small businesses got fucked in the process, even if they do a "nevermind"
We live in the dumbest timeline.
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We live in the dumbest timeline.
Yup
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Business Insider headline.
"Why stocks are jumping after 3 days of brutal losses"
Yesterday was not brutal.
The markets may go positive again, but the US is now seen as a pariah in any trade alliances going forward, not to mention global security and intelligence sharing.
Also: https://x.com/AaronBlake/status/1909350206434324728
I don't think anyone knows what anyone else is doing up there. The very definition of a clusterfuck.
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The 3 day loss was brutal, and a big chunk of it was yesterday, and the close was not nearly as bad as the low. This was a sequence as bad as 1987
It starts to smell more and more like performance art.
Peter Navarro is the tariff architect.
Elon Musk is the golden boy of DOGE
Today Musk calls Navarro dumber than a sack of bricks? How's that gonna dovetail in the Trump orbit? His two front and center guys slinging mud at each other? I didn't sell jack shit because I figure the US Economy is too big a ship for even these dumbshits to sink, and that there was a fairly high percentage chance this was just a show in order to grift off front running the market with chaos.
If that's true, Musk is the dumbest patsy in the world. If they "come up with a deal!" on tariffs which basically results in not much actually changing, we'll all sail along except that Musk has done permanent damage to his brand, which will be hundreds of billions of real dollars in market cap for Tesla. Shit, now he's even done more damage by ripping on Trump's key appointee - now everyone will hate him!
Thing is - there is video of Trump in the 80's talking about how great tariffs are. So it's not like he never believed this shit and just decided to fuck up the market for a few days so his cronies can exploit it. Is someone pulling his strings, levering off his stupidity to front run a market crash, then organize what's effectively a fake deal that Trump will think is a huge win?
A lot of real people are collateral damage in all this. A lot of suppliers did in fact raise prices on goods based on presumed tariffs, and a lot of small businesses got fucked in the process, even if they do a "nevermind"
We live in the dumbest timeline.
https://www.youtube.com/watch?v=LayOiPkvKBw
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https://www.youtube.com/watch?v=LayOiPkvKBw
In 96, we needed tariffs in some specific areas
Today - unless you want to quit your job and start putting tiny screws into iPhones, we don't.
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Dude campaigns on massive tariffs, gets elected, institutes massive tariffs, and people are surprised there are disruptions to the markets when the tariffs hit? This is elementary school level shit here.
Trump voters can't hold three thoughts in their brain at the same time. He campaigned on eggs, transgender, and tariffs. The eggs and transgender filled the brains. And he didn't even fix those!
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When tariff/border talk heated up, I shorted my positions in Tesla, Nvidia and fentanyl, went long on DeepSeek and precious metals (thanks infomercial guy!) and reinvested the gains into being a Bears fan again. For a while.
So you believe the price of fentanyl will go lower. Presumably because Trump is doing such a shitty job reducing the flow of fentanyl that the market is flooded and the price has dropped.
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It went up almost 6%, almost exactly what it’s down now. The money we just “lost” was what we made since he was elected.
Close today - lower than April 1, 2024. April Fools, indeed.
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There will be lots of ups and downs like today responding to each piece of chaotic change. But the long-term is not good, at all.
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There will be lots of ups and downs like today responding to each piece of chaotic change. But the long-term is not good, at all.
"Bargain hunters" jumped in today and moved them up, driven back by people who were like "OK, here's my chance to bail".
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And no gym shoe factories have opened and none will because they all know he is going to make a "deal" that won't make it worth it.
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The bond market is larger than the stock market and is doing fine.
Posting a sticky note on the fridge - "Never hire Q97, he's clueless"
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Posting a sticky note on the fridge - "Never hire Q97, he's clueless"
Interesting you seem to have forgot the increased bond volatility seen in 2022 and 2023
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Interesting you seem to have forgot the increased bond volatility seen in 2022 and 2023
This was a very easy call, and you got it wrong.
https://www.cnbc.com/2025/04/09/trump-tariffs-german-bonds-rise-as-us-treasury-yields-sell-off.html
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They are moving from long duration to short duration due to stagflation fears
"just a bit outside"
https://www.cnbc.com/2025/04/09/trump-tariffs-german-bonds-rise-as-us-treasury-yields-sell-off.html
The yield curve is showing that long term bonds are doing the worst, people who are staying in treasuries are moving to shorter durations because it's easier to get the hell out, not "stagflation". More worried the dollar is going to reduce it's status as the reserve
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Trump voters can't hold three thoughts in their brain at the same time. He campaigned on eggs, transgender, and tariffs. The eggs and transgender filled the brains. And he didn't even fix those!
I think immigration was a fairly large issue with a certain demographic as well.
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damn don't think I've seen the market rip like this before
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damn don't think I've seen the market rip like this before
Trump has indeed taking the front running grift to a new level. I had no loose cash or I would have gone all in as soon as China announced their retaliation, that seemed like a good enough bat signal that they needed to turn the ship around and cash in.
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And be pauses tariffs, for 90 days, except for China.
We will get factories here or not?
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And be pauses tariffs, for 90 days, except for China.
We will get factories here or not?
you'll be screwing in little screws in no time
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you'll be screwing in little screws in no time
Awesome. Sounds easy
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Someone might need to do a wellness check on Jobu.
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And be pauses tariffs, for 90 days, except for China.
We will get factories here or not?
A 90-day timeout for a very naughty boy.
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Looks like I was AOTC once again, always trust content from the Custard.
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Looks like I was AOTC once again, always trust content from the Custard.
LOL. Even the doofuses on Fox News apparently are not buying it.
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Your laugh of the day:
"White House advisors claim the flip flop was always the strategy..."
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I don't feel as liberated as I did earlier.
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Someone might need to do a wellness check on Jobu.
I'm doing fine, Mn. Thanks. How are you?
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Your laugh of the day:
"White House advisors claim the flip flop was always the strategy..."
The strategy was obvious and when I explained it the other day I was roundly mocked, then exactly what I said would happen happened. 75 countries begging to negotiate trade deals with and then relief.
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Your laugh of the day:
"White House advisors claim the flip flop was always the strategy..."
Who's laughing? The only reasoned reason for a deliberate flip flop was to front run the market, twice
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The strategy was obvious and when I explained it the other day I was roundly mocked, then exactly what I said would happen happened. 75 countries begging to negotiate trade deals with and then relief.
What strategy? To what end? What are we going to supposedly get from those other countries?
I have a huge buffer, so I just decided not to look at my portfolios, figuring that either he'd turn the grift or whatever around, or it would all go to hell in which case my dollars are worthless anyway. But I was still slowplaying my wife on some remodel work - requires cash, which requires stock sales. Do I want to take a 25% haircut because the remodel landed on Trump's tantrum? Nope.
But a lot of real people, had to look at it, and cut and run, because another 10-15% downturn would be disastrous. Or people who were preparing to sell equities for a purchase, or whose loan applications got FUBAR'd, or whose ordering inventory got screwed up. Small businesses had to stop taking orders, because they have no clue what their cost of goods was gonna be. I decided NOT to sell the stock and schedule the remodel. That contractor has a bid out that is now in flux. That's his cash flow, and jobs.
Above all else, stability is a premium here. Stability is why the US Economy is the largest in the world. There was no reason to go through all this gambit BEFORE negotiating whatever it is that Trump thinks he's negotiating. You're a deal maker? Go out and make a deal.
A lot of people got really fucked by this shenanigan.
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The strategy was obvious and when I explained it the other day I was roundly mocked, then exactly what I said would happen happened. 75 countries begging to negotiate trade deals with and then relief.
Occam's razor. Trump thought they would cave. Instead the Chinese raised tariffs as did the EU. Then Trump caved.
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Occam's razor. Trump thought they would cave. Instead the Chinese raised tariffs as did the EU. Then Trump caved.
Sure looks that way based on Fox News' reporting and the administration blaming the "media."
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Add Semafor into the mix
https://www.semafor.com/article/04/09/2025/behind-trumps-tariff-pause-a-quiet-republican-lobbying-campaign
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Oops...
https://news.sky.com/story/is-there-method-to-the-madness-amid-market-chaos-why-trump-would-have-you-believe-so-13345146
Trump and his treasury secretary, Scott Bessent, have made it a key policy priority to lower yields. For a while, it looked like the plan was working. As stock markets tumbled in response to Trump's tariffs agenda, investors ploughed their money into bonds instead.
However, Trump may have spoken too soon. On Monday, the markets had a change of heart and rapidly started selling government bonds. Thirty-year treasury yields hit 4.92% on Wednesday, their biggest three-day jump since 1982. That means government borrowing costs are rising - and not just in the US. The sell-off has spiralled to government bonds worldwide.
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It’s hilarious you guys think it was a flip flop or he caved. He got the exact response he wanted. The other countries panicked and agreed to negotiate. China needs our market more than we need their stuff and Xi is backed into a corner as the “guy who stands up to America.” We can wait China out on this more than they can wait us out. But of course we have liberals openly cheering for China and Europe at our expense because TDS.
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It’s hilarious you guys think it was a flip flop or he caved. He got the exact response he wanted. The other countries panicked and agreed to negotiate. China needs our market more than we need their stuff and Xi is backed into a corner as the “guy who stands up to America.” We can wait China out on this more than they can wait us out. But of course we have liberals openly cheering for China and Europe at our expense because TDS.
Whatever. Xi could give two fucks about Trump.
No China - no Nvidia, no apple, no google, no microsoft, no amazon
That's over 20% of the S&P
Xi could give two fucks if Vance's peasants get fucked. He's not backed into anywhere.
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The strategy was obvious and when I explained it the other day I was roundly mocked, then exactly what I said would happen happened. 75 countries begging to negotiate trade deals with and then relief.
Do you have a smidgen of evidence to support that? From here, it looks like the strategy failed miserably and Trump caved.
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Do you have a smidgen of evidence to support that? From here, it looks like the strategy failed miserably and Trump caved.
He caved before the negotiations Custard is crowing about even started and not one shoe or cell phone plant built.
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I, for one, appreciate someone who is committed to a bit though!
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Do you have a smidgen of evidence to support that? From here, it looks like the strategy failed miserably and Trump caved.
The White House has these press conferences with this woman who explains this stuff all the time. The administration has explained it at length. But as I’ve pointed it out before, it’s nowhere to be found on most anti-Trump media outlets, just reports that it’s pure chaos and there is no strategy. The strategy was always to implement the tariffs, he campaigned on it. He has said if countries are willing to negotiate we’d negotiate. He slapped the tariffs on, shocked the market, then 75+ countries started begging to negotiate because they must have access to our consumer economy. Then Trump agreed to a pause with those countries. It’s really simple but this is clearly being suppressed because good luck finding what should be readily available info.
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https://x.com/roddmartin/status/1909715546330820868?s=46
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The White House has these press conferences with this woman who explains this stuff all the time.
OK. You got us.
While this does get amusing, there are some pretty smart people on this board, and that probably includes you when you aren't doing this minstrel act. Can we dispense of it.
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I, for one, appreciate someone who is committed to a bit though!
Presumably you mean Custard?
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The strategy was always to implement the tariffs, he campaigned on it. He has said if countries are willing to negotiate we’d negotiate. He slapped the tariffs on, shocked the market, then 75+ countries started begging to negotiate because they must have access to our consumer economy.
That's about as good a strategy as going to the doctor to negotiate for a handicapped placard by showing up and cutting off your legs. You may very well, in fact, get the placard.
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https://x.com/roddmartin/status/1909715546330820868?s=46
Trump cheerleaders aren't persuasive.
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https://www.nytimes.com/2025/04/08/us/politics/trump-tariffs-global-trade-war.html?smid=nytcore-android-share
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Trump cheerleaders aren't persuasive.
But yet you’re someone who bought the Steele Dossier lie, applauded lockdowns and still believes there was nothing Sleepy Joe could do about the border.
Can we trust Illiniray’s judgement? Is he capable of objectivity of any kind in regards to Trump? I’m unsure!
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https://www.nytimes.com/2025/04/08/us/politics/trump-tariffs-global-trade-war.html?smid=nytcore-android-share
Guess we openly accept a piece from a publication that openly hates Trump, by a correspondent with 4 decades at said publication. I must have missed the part in his biography where he has any training or background in economics.
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From Ray’s article:
And officials have yet to describe the strategy for managing a global system of astounding complexity after the initial shock wears off, other than endless threats and negotiations between the leader of the world’s largest economy and everyone else.
Why the hell would they tip their hand leading up to negotiations? Just goes to show how anything can be spun to be negative. The whole point of creating the shock is to have everyone else on their heels and use the uncertainty to our advantage. But apparently half the country wants the administration to spell every move out for them ahead of time.
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But yet you’re someone who bought the Steele Dossier lie, applauded lockdowns and still believes there was nothing Sleepy Joe could do about the border.
Can we trust Illiniray’s judgement? Is he capable of objectivity of any kind in regards to Trump? I’m unsure!
There was no Steele Dossier lie. It was always raw, unfiltered data. There was no Russia Hoax. No massive conspiracy to get Trump comparable to the Arkansas Project.
I never applauded lock downs. I wasn't always sure what a lock down was. There was less traffic, but otherwise lockdowns had little affect on my daily life. I guess it's because I don't hang out in bars, don't go to Church, and seldom eat out.
I did agree that closing smaller, poorly ventilated super spreader venues was probably a good idea. I supported masking too. Also, I am up to date on my Covid vaccines.
The border situation was / is far more nuanced and difficult than Trumpsters will admit. In a perfect world, unlawful entry would be a civil offense like unlawful presence. We would also have adequate border agents, detention facilities, administrative law judges, and immigration courts.
The ultimate solution would be better conditions in shit hole countries so people don't want to come here unlawfully. Of course the Trumpists don't see global issues as our problem.
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From Ray’s article:
Why the hell would they tip their hand leading up to negotiations? Just goes to show how anything can be spun to be negative. The whole point of creating the shock is to have everyone else on their heels and use the uncertainty to our advantage. But apparently half the country wants the administration to spell every move out for them ahead of time.
You appear to be viewing things through the lens of neo-mercantilism.
*********
"The professor was particularly critical of what he sees as Trump’s zero-sum economic worldview. “Trump fundamentally views the economy as a zero-sum game, that if somebody is going to do better, somebody has to do worse,” Feigenbaum explained.
https://kbindependent.org/2025/03/15/is-donald-trump-a-mercantilist-an-economist-explains/
"Trump is ‘using the rest of the world as a scapegoat’ for America’s problems, but it’s not going to work, says bestselling French economist
https://fortune.com/europe/2025/04/08/trump-world-scapegoat-america-economist-thomas-piketty/
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From Ray’s article:
Why the hell would they tip their hand leading up to negotiations? Just goes to show how anything can be spun to be negative. The whole point of creating the shock is to have everyone else on their heels and use the uncertainty to our advantage. But apparently half the country wants the administration to spell every move out for them ahead of time.
Trump didn't "outsmart" the world. The best explanation I've found is that he was forced to pause the tariffs when Japan and others started to dump our bonds.
https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-pause-china-fox-response-b2730535.html
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Gasp! He has the Japs on their heels. Right where we want them. He has aces up his sleeve. By golly!
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From Ray’s article:
Why the hell would they tip their hand leading up to negotiations? Just goes to show how anything can be spun to be negative. The whole point of creating the shock is to have everyone else on their heels and use the uncertainty to our advantage. But apparently half the country wants the administration to spell every move out for them ahead of time.
This isn't D-Day.
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Guess we openly accept a piece from a publication that openly hates Trump, by a correspondent with 4 decades at said publication. I must have missed the part in his biography where he has any training or background in economics.
Maybe the stuff below the date is his economic resume'
(https://i.ibb.co/hRTJcwgC/Screenshot-20250409-200934-Chrome.jpg) (https://ibb.co/vxM6hRcD)
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Maybe the stuff below the date is his economic resume'
(https://i.ibb.co/hRTJcwgC/Screenshot-20250409-200934-Chrome.jpg) (https://ibb.co/vxM6hRcD)
Can we see yours?
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Custard is right. The strategy has been on line. Fentanyl raw materials come from China.
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I'm doing fine, Mn. Thanks. How are you?
I'm doing good too. Thanks. You seemed a little out of sorts the other day.
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Custard is right. The strategy has been on line. Fentanyl raw materials come from China.
C22H28N2O,C6H8O7
Carbon, Hydrogen, Nitrogen, Oxygen. Available everywhere.
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There was no Steele Dossier lie. It was always raw, unfiltered data. There was no Russia Hoax. No massive conspiracy to get Trump comparable to the Arkansas Project.
In a perfect world, ......
B.S.
And the Arkansas Project didn't involve allegations that an opposition candidate for POTUS was a puppet of a foreign power that is also a nuclear power and foe.
The FBI knew in Jan 2017 that the Steele Dossier was bogus but that didn't stop them from fabrications to the FISA Court to enable spying on a President.
Yes, the Russians tried to interfere in the 2016 election. And every other election. There's no evidence that their minimal involvement had any impact on the 2016 election. Mueller did 8ndict 12 Russians who will never set foot in America to face charges. Oh boy.
The Arkansas Project didn't have the impact on US foreign relations or US domestic relations that the Clinton plan has had. Thanks Obama, Joe and the Intelligence Community who knew in July of 2016 what was going on. The FBI knew months later.
There were no secret communications between the Trump orbit and Alfa Bank.
There was no pee tape.
The FBI knew early on that Hunter's laptop was real.
People in the Biden administration and the media knew early that Biden was not fit to run the country.
When Schumer said the IC has 6 ways to Sunday he was telling the truth.
We don't live in a perfect world, and never will.
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Wait. So now the Soviets are foes? You slipped, Mn!
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Trump didn't "outsmart" the world. The best explanation I've found is that he was forced to pause the tariffs when Japan and others started to dump our bonds.
https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-pause-china-fox-response-b2730535.html
How did you decide this was the “best explanation?” Because it confirmed your bias?
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B.S.
And the Arkansas Project didn't involve allegations that an opposition candidate for POTUS was a puppet of a foreign power that is also a nuclear power and foe.
The FBI knew in Jan 2017 that the Steele Dossier was bogus but that didn't stop them from fabrications to the FISA Court to enable spying on a President.
Yes, the Russians tried to interfere in the 2016 election. And every other election. There's no evidence that their minimal involvement had any impact on the 2016 election. Mueller did 8ndict 12 Russians who will never set foot in America to face charges. Oh boy.
The Arkansas Project didn't have the impact on US foreign relations or US domestic relations that the Clinton plan has had. Thanks Obama, Joe and the Intelligence Community who knew in July of 2016 what was going on. The FBI knew months later.
There were no secret communications between the Trump orbit and Alfa Bank.
There was no pee tape.
The FBI knew early on that Hunter's laptop was real.
People in the Biden administration and the media knew early that Biden was not fit to run the country.
When Schumer said the IC has 6 ways to Sunday he was telling the truth.
We don't live in a perfect world, and never will.
🤭
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= How did you decide this was the “best explanation?” Because it confirmed your bias? =
Not everyone appreciates Trump's genius. And you will spin it as a success no matter the outcome. MAGA!
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The Steele Dossier was not bogus. It also was not verified fact. It was what it was. Raw, unverified data to be used as a starting point for further research.
B.S.
The FBI knew in Jan 2017 that the Steele Dossier was bogus
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the Arkansas Project
https://encyclopediaofarkansas.net/entries/arkansas-project-5378/
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B.S.
And the Arkansas Project didn't involve allegations that an opposition candidate for POTUS was a puppet of a foreign power that is also a nuclear power and foe.
The FBI knew in Jan 2017 that the Steele Dossier was bogus but that didn't stop them from fabrications to the FISA Court to enable spying on a President.
Yes, the Russians tried to interfere in the 2016 election. And every other election. There's no evidence that their minimal involvement had any impact on the 2016 election. Mueller did 8ndict 12 Russians who will never set foot in America to face charges. Oh boy.
The Arkansas Project didn't have the impact on US foreign relations or US domestic relations that the Clinton plan has had. Thanks Obama, Joe and the Intelligence Community who knew in July of 2016 what was going on. The FBI knew months later.
There were no secret communications between the Trump orbit and Alfa Bank.
There was no pee tape.
The FBI knew early on that Hunter's laptop was real.
People in the Biden administration and the media knew early that Biden was not fit to run the country.
When Schumer said the IC has 6 ways to Sunday he was telling the truth.
We don't live in a perfect world, and never will.
This is way off topic, belongs in the Trump thread, not the Stocks thread. My apologies. Though Clinton, Obama, and Biden were better for the markets and the economy.
Of course Russians always try to interfere in our elections. Their goal is to undermine confidence in democracy and our electoral process.
In 2016, they hacked the DNC and leaked derogatory information in a way that selectively and effectively harmed HRC's campaign.
We all know the Steele tape was opposition research and was raw data, not verified fact, intended as astarting point, not an end.
There are plenty of circumstances and rumors connecting Trump to Russia. Fwiw multiple former KGB agents have said he was turned while in Moscow during the 1989s.
What the Arkansas Project exactly did or didn't do is moot. It was well-heeled, and remarkably successful. The Clinton's weren't accused back then of being foreign agents. They were labeled as quasi serial killers. Later on, Hillary was accused of selling our Uranium to Russia.
There was never any dispute over the authenticity of some or even most of the files on Hunter's hard drive. It appears copies were made available on line by Trump's allies. These files were corrupted so they could not fully verified and tampering would not be ruled in or out.
It's not clear when the FBI publicly revealed that they had authenticated the original laptop. That said, Joe Biden was cleared of any wrongdoing.
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Joe was sleepy, incoherent, and incompetent, but was also somehow a diabolical criminal! Who knew?
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Joe was sleepy, incoherent, and incompetent, but was also somehow a diabolical criminal! Who knew?
Who said he was a diabolical criminal?
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Who said he was a diabolical criminal?
Seriously? The Biden Crime Family?
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Who said he was a diabolical criminal?
I was told he is 'the Big Guy'
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Seriously? The Biden Crime Family?
"Diabolical" may be giving him too much credit.
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"Diabolical" may be giving him too much credit.
If you run a "crime family" don't you have to be diabolical? Or is that reserved just for presidents who engage in overt market manipulation?
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If you run a "crime family" don't you have to be diabolical? Or is that reserved just for presidents who engage in overt market manipulation?
Just the latter, fer sure.
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The Right's San Fran Nan
https://www.mediaite.com/news/marjorie-taylor-greene-scooped-up-tanking-stocks-and-made-a-profit-after-tariff-pause-report/
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The Right's San Fran Nan
https://www.mediaite.com/news/marjorie-taylor-greene-scooped-up-tanking-stocks-and-made-a-profit-after-tariff-pause-report/
Hell yeah she did. Trump takes care of his minions. To a point.
Now, if she gets nailed for insider trading, she's on her own.
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The small print. 👀
“I have signed a fiduciary agreement to allow my financial advisor to control my investments,” Greene said in a statement to the Associated Press when asked whether she made the stock buys herself. “All of my investments are reported with full transparency.”
There is no evidence Greene traded on nonpublic information,....."
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I didn't read the fucking article. I know she's not gonna get busted for anything. None of these people ever do.
Now, if it's an ordinary person like me doing that kind of shit, I'm in a federal prison.
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I didn't read the fucking article. I know she's not gonna get busted for anything. None of these people ever do.
Now, if it's an ordinary person like me doing that kind of shit, I'm in a federal prison.
I just looked at our accounts and, omg, we made a bunch of trades too. I didn't tell them to make any of them and they didn't ask me if any were ok.
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I just looked at our accounts and, omg, we made a bunch of trades too. I didn't tell them to make any of them and they didn't ask me if any were ok.
Good luck with the feds. Hope you don't do much time. You probably won't get buttfucked, since you're old.
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Now, if it's an ordinary person like me ....
Ok ;)
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Ok ;)
Haha, good catch
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I'm sure this will go over well on Monday....
https://abcnews.go.com/Politics/commerce-secretary-lutnick-tariff-exemptions-electronics-temporary/story?id=120752319
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I'm sure this will go over well on Monday....
https://abcnews.go.com/Politics/commerce-secretary-lutnick-tariff-exemptions-electronics-temporary/story?id=120752319
Let's muddy the water a little bit more. Our trading partners have never seen such competency.
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I'm sure this will go over well on Monday....
https://abcnews.go.com/Politics/commerce-secretary-lutnick-tariff-exemptions-electronics-temporary/story?id=120752319
Take a break. Order up some take-out Orange Chicken. Maybe ask for a double order of fortune cookies.
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Take a break. Order up some take-out Orange Chicken. Maybe ask for a double order of fortune cookies.
He can’t afford that on an attorney’s salary. Thanks Trump!
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Take a break. Order up some take-out Orange Chicken. Maybe ask for a double order of fortune cookies.
Don't worry, be happy! Good advice for the Trump loyalty cult.
Meanwhile...
https://www.pymnts.com/consumer-insights/2025/consumer-spending-grows-shakier-amid-wave-of-tariffs/
https://www.google.com/amp/s/www.cbsnews.com/amp/news/consumer-sentiment-report-plunge-april-michigan-trump-tariffs/
Apparently many Americans don't appear to be getting the message that the pain will be brief and a new golden era will follow in short order. The lack of gratitude for the sacrifices Trump is asking them to make for the promise of a better tomorrow is astounding.
.
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truth
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For a "deal" to be "re-worked" there has to be a "deal" to start with. Trump just slapped dumb ass tariffs in place.
He's a fucking moron, you shitposting troll.
Trade deal with the UK drops today. China’s top trade official is meeting with us in Switzerland this week. Now is the time to make your pivot to “these deals suck!”
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Trade deal with the UK drops today. China’s top trade official is meeting with us in Switzerland this week. Now is the time to make your pivot to “these deals suck!”
even if the deal was good, there was no reason to blow shit up for 2 months to get them.
A lot of small businesses will get nuked in this whole thing. They run on very tight time frames, inventory, and cash flow. The disruption to shipping from China has been worse than COVID. But that's ok, after they shut their business they can go on unemployment for a few years until the iPhone screwing factory opens.
Unless the whole point was to insider trade on the blowing up of shit.
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Trade deal with the UK drops today. China’s top trade official is meeting with us in Switzerland this week. Now is the time to make your pivot to “these deals suck!”
actually a pretty good deal. The UK is a huge trading partner, 3% of US trade happens with the UK, but they had a massive 1% tariff on imported goods, Trump has gotten that knocked down to .75%
It's really quite impressive, frankly.
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actually a pretty good deal. The UK is a huge trading partner, 3% of US trade happens with the UK, but they had a massive 1% tariff on imported goods, Trump has gotten that knocked down to .75%
It's really quite impressive, frankly.
They can buy all the fluoride we now won't be using. They need it.
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They can buy all the fluoride we now won't be using. They need it.
win/win
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Trade deal with the UK drops today. China’s top trade official is meeting with us in Switzerland this week. Now is the time to make your pivot to “these deals suck!”
I thought Trump said a few weeks ago that trade talks with China were ongoing. I guess not. Anyway, I'm fully prepared for an announcement of a "deal like nobody has ever seen".
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Trade deal with the UK drops today. China’s top trade official is meeting with us in Switzerland this week. Now is the time to make your pivot to “these deals suck!”
Deal was tailor made for Custard - tariff on Rolls Royce cut to zero, now Custard can get his new car!
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Deal was tailor made for Custard - tariff on Rolls Royce cut to zero, now Custard can get his new car!
Dammit I just bought an Armada 2 weeks ago and made my Rubicon a weekend Jeep.
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Checking my 401k
Yup - it's a 200.5k
Seems light for an illionaire with a b.
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My 401k has finally returned to pre-tariff levels.
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Mine is up for the year surprisingly
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Oh geez. The survivors of the April 2025 recession are out today.
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https://www.cnbc.com/2025/05/09/trump-china-tariffs-trade-talks.html
It appears Trump is negotiating with himself. You can see why the world leaders tremble, facing such a master negotiator.
And “it’s up to Scott B.” Trump’s setting him up like a clay pigeon at a trap shoot.
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Mine is up for the year surprisingly
Figures that a commie like you would be heavily invested in European equities
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Dammit I just bought an Armada 2 weeks ago and made my Rubicon a weekend Jeep.
Guess you're as dumb as Trump. The tariff reduction wasn't on Rolls Royce cars, it was on Rolls Royce *engines*
Basically Boeing gave them a call and said "dude we can't build any more 737-Max planes to crash if we can't get the engines!"
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Guess you're as dumb as Trump. The tariff reduction wasn't on Rolls Royce cars, it was on Rolls Royce *engines*
Basically Boeing gave them a call and said "dude we can't build any more 737-Max planes to crash if we can't get the engines!"
I’ve seen the US-UK trade agreement being referred to as a “titanic nothingburger”.
https://www.cnn.com/2025/05/09/business/trumps-uk-trade-deal-nightcap
Plus, it apparently is a “concept of a deal”. The specifics still need to be hammered out.
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I’ve seen the US-UK trade agreement being referred to as a “titanic nothingburger”.
https://www.cnn.com/2025/05/09/business/trumps-uk-trade-deal-nightcap
Plus, it apparently is a “concept of a deal”. The specifics still need to be hammered out.
this is true, but I think this should be dealt with in the James Carville way - "way to go Donald!" knowing that it won't really change our current downward trajectory.
We are being led by some real dumbasses. Some Ted Cruz podcaster guy gets on CNN. They are discussing the concept of not extending the tax cuts for the wealthy, the deficit means we need more revenue. He says "The tariffs will raise all this revenue" and people say the tariffs are bullshit, and he says "wait for the trade deals to be done" and they say "the point of the this trade war is Trump raised the tariffs to get the other countries to make a deal to lower their tariffs and we'd lower ours back down, but if we do that, then there will be no tariff income..." and he says "oh but we will bring in all these jobs and those people will pay taxes" - current US unemployment rate is 4.2%, who are these people who are going to take these jobs?
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I’ve seen the US-UK trade agreement being referred to as a “titanic nothingburger”.
https://www.cnn.com/2025/05/09/business/trumps-uk-trade-deal-nightcap
Plus, it apparently is a “concept of a deal”. The specifics still need to be hammered out.
This is the most predictable response ever. I even pointed out that you all were going to pivot from “they aren’t reworking deals” to “these deals suck” hoping that you’d come up with something more interesting.
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This is the most predictable response ever. I even pointed out that you all were going to pivot from “they aren’t reworking deals” to “these deals suck” hoping that you’d come up with something more interesting.
Custard would have some ice cream, his kid asks for the ice cream, he says only if you do your homework, kid says no, custard says here is the ice cream and claim he's a "deal maker"
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This is the most predictable response ever. I even pointed out that you all were going to pivot from “they aren’t reworking deals” to “these deals suck” hoping that you’d come up with something more interesting.
"It's a big beautiful deal."
"We have agreed to discuss things. In several months or perhaps a year or two,, we may actually agree on the details."
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"It's a big beautiful deal."
"We have agreed to discuss things. In several months or perhaps a year or two,, we may actually agree on the details."
concepts of a deal
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China tariffs lowered for now. Should be good for stocks short term.
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But Murph told us China wouldn’t deal and would stick it to Trump
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But Murph told us China wouldn’t deal and would stick it to Trump
No deal has been struck and Apple and Nike have not announced that they are building factories here yet. Time will tell.
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But Murph told us China wouldn’t deal and would stick it to Trump
They did in fact make a deal! In return for nothing, the US agreed to remove the gun the US pointed at their own head.
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They are not counting it as a Trump win on Fox....
https://www.mediaite.com/news/trump-was-forced-to-back-off-fox-business-reporter-drops-blunt-analysis-of-trump-trade-cave/
"Capitulation Day" is another phrase being bandied about out there.
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China tariffs lowered for now. Should be good for stocks short term.
Trump retreats and then acts like he had some kind of major victory, and his fans seem to buy it.
All he’s proven to the world is that doing business with the U.S. is a recipe for instability. And businesses, investors, supply chain participants, even consumers — will struggle to function properly when they have no idea what might come down the pike next.
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Tariffs, oh my.
Hopefully what won't come next is a cooked up virus, a war in eastern Europe or open borders.
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Tariffs, oh my.
Hopefully what won't come next is a cooked up virus, a war in eastern Europe or open borders.
We already have the 2nd two, they are getting worse, and RFK Jr is working on the third. He was thinking Measles but he's now leaning towards Polio
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Trump retreats and then acts like he had some kind of major victory, and his fans seem to buy it.
All he’s proven to the world is that doing business with the U.S. is a recipe for instability. And businesses, investors, supply chain participants, even consumers — will struggle to function properly when they have no idea what might come down the pike next.
Hows the weather in Tel Aviv?
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Hows the weather in Tel Aviv?
Another anti-semite in the tolerant right!
At least Trump gave me my 3rd comma back!
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Hows the weather in Tel Aviv?
Apparently 71 but feels like 76.
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Apparently 71 but feels like 76.
Doesn't seem any different than '67
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They did in fact make a deal! In return for nothing, the US agreed to remove the gun the US pointed at their own head.
Keep shifting those goalposts buddy.
Even the Chinese delegate is on the record saying they’re looking for ways to address trade imbalance as part of the broader deal. In the meantime we still have 30% tariff versus their 10%.
What gun was pointed to our head? If you’re arguing that we are dependent on China, then you’re making Trump’s point for him.
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Keep shifting those goalposts buddy.
Even the Chinese delegate is on the record saying they’re looking for ways to address trade imbalance as part of the broader deal. In the meantime we still have 30% tariff versus their 10%.
What gun was pointed to our head? If you’re arguing that we are dependent on China, then you’re making Trump’s point for him.
There were a couple of guns pointed at Trump's head. The 1st guy just missed.
For some odd reason it's not a big deal.
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ftp://
Apparently 71 but feels like 76.
I often read threads backwards. I thought you were talking about someone's age.
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There were a couple of guns pointed at Trump's head. The 1st guy just missed.
For some odd reason it's not a big deal.
No kidding. The guy who shot at Trump is headlining a new podcast on MSNBC!
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Keep shifting those goalposts buddy.
The goalposts were pretty simple - don't do something fucking stupid.
Trump did something fucking stupid.
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Keep shifting those goalposts buddy.
Even the Chinese delegate is on the record saying they’re looking for ways to address trade imbalance as part of the broader deal. In the meantime we still have 30% tariff versus their 10%.
What gun was pointed to our head? If you’re arguing that we are dependent on China, then you’re making Trump’s point for him.
I have a buddy in Facebook's server group. They were considering the following.
Buy chips and systems from a certain very large semiconductor company from point of manufacture in Taiwain, build the servers in China, then ship them to India instead of the US and run the farms from Hyderabad. They would connect to your web browser or phone app in the US, but there is no tariff on AI workload queries, so by never moving the servers to the US, presto - tariff avoidance.
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https://www.facebook.com/share/v/15ZGTvDR5X/?mibextid=wwXIfr
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The goalposts were pretty simple - don't do something fucking stupid.
Trump did something fucking stupid.
“China won’t deal”
—China deals
“This isn’t a deal, Trump backed down”
—China reduced the tariffs 115% creating parity for the first time in ages. They dropped all non-tariff barriers which had basically created an embargo against many US goods. They also sent their safety minister to publicly address the fentanyl crisis and China’s role in stopping it.
Bet your algorithm forgot to mention those facts.
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President Trump said the trade talks achieved a "total reset" with China, calling it a very good deal, and added that he might speak to Chinese leader Xi Jinping at the end of the week.
The agreement lowered tariff levels far more than Wall Street expected, with one analyst, Dan Ives of Wedbush Securities, calling the deal a "best-case scenario” for investors. Goldman Sachs cut its U.S. recession odds to 35% from 45% and boosted its growth forecast.
U.S. stocks rallied, with the Nasdaq Composite climbing 4.3% and entering a new bull market by closing more than 20% above its April low. The Dow industrials jumped above where they closed on April 2, before Trump’s “Liberation Day” tariffs sent markets into a tailspin. The blue-chip index ended the day more than 1,100 points higher.
https://www.wsj.com/livecoverage/stock-market-today-tariffs-trade-war-05-12-2025
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“China won’t deal”
—China deals
“This isn’t a deal, Trump backed down”
—China reduced the tariffs 115% creating parity for the first time in ages. They dropped all non-tariff barriers which had basically created an embargo against many US goods. They also sent their safety minister to publicly address the fentanyl crisis and China’s role in stopping it.
Bet your algorithm forgot to mention those facts.
I award you no points, and may god have mercy on your soul
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President Trump said....
No need to read any further
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Isn't 30% to 10% pretty meaningless unless the volume of US goods the Chinese bring in greatly improves?
Ergo this is seen as a capitulation by the business media.
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Isn't 30% to 10% pretty meaningless unless the volume of US goods the Chinese bring in greatly improves?
Ergo this is seen as a capitulation by the business media.
China lowered other protectionist mechanisms besides tariffs.
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The liberals at Bloomberg appear unimpressed....
https://www.bloomberg.com/news/articles/2025-05-12/xi-defiance-pays-off-as-trump-meets-most-chinese-trade-demands
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China lowered other protectionist mechanisms besides tariffs.
But not on minerals apparently.
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Well, I guess the next, what 90 days, is the time to buy your 30 dolls for Christmas?
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The liberals at Bloomberg appear unimpressed....
https://www.bloomberg.com/news/articles/2025-05-12/xi-defiance-pays-off-as-trump-meets-most-chinese-trade-demands
Wonder how much the CCP paid for that fluff piece? What demands could China possibly have when we essentially embargoed them from their largest market and all their shitty goods are sitting on docks? The United States won a big battle this week and you’re cheering on the Chinese.
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Wonder how much the CCP paid for that fluff piece? What demands could China possibly have when we essentially embargoed them from their largest market and all their shitty goods are sitting on docks? The United States won a big battle this week and you’re cheering on the Chinese.
To the contrary, I, along with, it appears, the business press and JP Morgan, question what the point of this all was. None of the stated reasons and justifications are remotely true. It appears it was all for The Trump Crime Family to game the market. As Ben Shapiro said yesterday, you can now just swap out "Hunter Biden" for "Don, Jr." in stories. Shows some people are finally catching on.
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The point is that we have a framework for a trade deal that makes sense. More deals are coming. Markets have rallied close to April 2 levels. So now the only thing left for people to complain about is how we got here.
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I'm sure that's what it was.
Ben Shapiro ?
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What was the point of open borders ?
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The point is that we have a framework for a trade deal that makes sense. More deals are coming. Markets have rallied close to April 2 levels. So now the only thing left for people to complain about is how we got here.
Concepts of a plan.
The trade deal that made sense? Pretty much exactly what was going on Jan 19. The Chinese aren't ripping us off. They are District 12. We are the Capitol. Did the Capitol think District 12 was ripping them off? Maybe they did - but all they did by going stupid and starting the hunger games was fuck up their own shit.
Even dumb ass shit like "they pirated the DVDs of some Disney movie!" just ends up making Disney more money by reiterating their branding so they can sell more tickets to theme parks and cruises to rich Chinese tourists.
But now a lot of small businesses in the US who operate on a razors edge got fucked up permanently for what? Trump's insider trading game.
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What was the point of open borders ?
Do you even know what "open borders" means? You're like a broken fortune teller machine, repeatedly printing out slips with the various buzzwords from OAN and Newsmax, your heroes that are stealing you blind.
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It appears it was all for The Trump Crime Family to game the market. As Ben Shapiro said yesterday, you can now just swap out "Hunter Biden" for "Don, Jr." in stories. Shows some people are finally catching on.
That guy is a human version of a weasel and his voice makes me cringe but I think I need to ask for a link to that because I'm sure I'd find it amusing.
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I am very pleased to be back in the 3T club though. Hopefully Q97 was able to bail out of his short positions.
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The point is that we have a framework for a trade deal that makes sense. More deals are coming. Markets have rallied close to April 2 levels. So now the only thing left for people to complain about is how we got here.
One month from “Liberation Day” (“90 Trade Deals in 90 Days”). Still no “full and comprehensive” deals. Just two frameworks to keep talking. Plus, a series of flip-flops.
A low bar indeed. This is Trump’s version of kicking the can down the road.
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One month from “Liberation Day” (“90 Trade Deals in 90 Days”). Still no “full and comprehensive” deals. Just two frameworks to keep talking. Plus, a series of flip-flops.
A low bar indeed. This is Trump’s version of kicking the can down the road.
there never was a can. just market manipulation for profit. Now they just need to keep the lid on so the Mn's of the world have just enough Campbell's soup that they don't revolt. Can't spend money from the guillotine.
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It's not just good, it's mmm mmm good!
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One month from “Liberation Day” (“90 Trade Deals in 90 Days”). Still no “full and comprehensive” deals. Just two frameworks to keep talking. Plus, a series of flip-flops.
A low bar indeed. This is Trump’s version of kicking the can down the road.
But you told us it takes years to iron out trade deals. Pick a lane!
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Do you even know what "open borders" means? You're like a broken fortune teller machine, repeatedly printing out slips with the various buzzwords from OAN and Newsmax, your heroes that are stealing you blind.
Millions of people—no one knows the actual number—poured in the last several years with minimal vetting. Many were supported in doing so by US taxpayer money. You just want to argue the semantics of “open border” because it’s literally the only argument you have. Now you’re pining to keep these people here at all costs because you’ve been duped into supporting deeply unpopular policy, which is why the Democrat approval rating is historically terrible.
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Concepts of a plan.
The trade deal that made sense? Pretty much exactly what was going on Jan 19. The Chinese aren't ripping us off. They are District 12. We are the Capitol. Did the Capitol think District 12 was ripping them off? Maybe they did - but all they did by going stupid and starting the hunger games was fuck up their own shit.
Even dumb ass shit like "they pirated the DVDs of some Disney movie!" just ends up making Disney more money by reiterating their branding so they can sell more tickets to theme parks and cruises to rich Chinese tourists.
But now a lot of small businesses in the US who operate on a razors edge got fucked up permanently for what? Trump's insider trading game.
There is basically no IP that China hasn’t stolen or attempted to steal from us, right down to the bulk of their military technology.
Not buying the alarmist rhetoric that cheap Chinese garbage sitting at the ports for a few weeks somehow permanently crippled a bunch of US businesses. Deflect deflect deflect
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But you told us it takes years to iron out trade deals. Pick a lane!
???? I said several months to 2-3 years.
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When you’ve lost Rupert Murdoch's WSJ editorial board…
https://www.yahoo.com/news/wall-street-journal-hits-donald-100409654.html
“Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.”
--
“As with last week’s modest British agreement, the China deal is more surrender than Trump victory.”
“One tragedy of Mr. Trump’s shoot-America-in-the-foot-first approach is that he’s hurt his chances of rallying a united front of countries against Beijing’s mercantilism. By targeting allies with tariffs, Mr. Trump has eroded trust in America’s economic and political reliability.”
--
“If there’s a silver lining to this turmoil, it is that markets have forced Mr. Trump to back down from his fever dream that high tariff walls will usher in a new “golden age.” The age didn’t last two months, and it was more leaden than golden. White House aide Peter Navarro, the main architect with Mr. Trump of the Liberation Day fiasco, has been repudiated.”
“Mr. Trump will not want to admit it, but he started a trade war with Adam Smith and lost. He’s not the first President to learn that lesson.”
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There is basically no IP that China hasn’t stolen or attempted to steal from us, right down to the bulk of their military technology.
And that is why Nvidia, Apple, Facebook, Alphabet, Amazon, Netflix, are out of business, replaced by our chinese overlords.
Stay in your lane. What is it you do anyway? Purchasing for dollar general?
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When you’ve lost Rupert Murdoch's WSJ editorial board…
https://www.yahoo.com/news/wall-street-journal-hits-donald-100409654.html
“Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.”
--
“As with last week’s modest British agreement, the China deal is more surrender than Trump victory.”
“One tragedy of Mr. Trump’s shoot-America-in-the-foot-first approach is that he’s hurt his chances of rallying a united front of countries against Beijing’s mercantilism. By targeting allies with tariffs, Mr. Trump has eroded trust in America’s economic and political reliability.”
--
“If there’s a silver lining to this turmoil, it is that markets have forced Mr. Trump to back down from his fever dream that high tariff walls will usher in a new “golden age.” The age didn’t last two months, and it was more leaden than golden. White House aide Peter Navarro, the main architect with Mr. Trump of the Liberation Day fiasco, has been repudiated.”
“Mr. Trump will not want to admit it, but he started a trade war with Adam Smith and lost. He’s not the first President to learn that lesson.”
But the possible “silver lining,” according to the Journal, is that markets have forced Trump “to back down from his fever dream that high tariff walls will usher in a new ‘golden age.’”
“The age didn’t last two months, and it was more leaden than golden,” it added.
China and the U.S. agreed, in the agreement announced Monday, to pause the majority of tariffs for 90 days.
American tariffs on Chinese imports will sink from 145% to 30%. Chinese tariffs on U.S. imports will reduce from 125% to 10%.
Completely contradictory info here from the same op-ed. OMG he capitulated! Did anyone really think the long term plan was to have 125% tariffs on China? We still have 30% and they have 10%. The tariff wall is still there.
The lengths people go to constantly spin everything into the most negative thing ever is so over the top ridiculous.
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And that is why Nvidia, Apple, Facebook, Alphabet, Amazon, Netflix, are out of business, replaced by our chinese overlords.
Stay in your lane. What is it you do anyway? Purchasing for dollar general?
Pretty cocky for a guy whose “leading AI” company completely got backdoored by a Chinese startup just a few months ago. You complained far louder about the temporary losses from the tariff announcements than you did about the $600 billion in valuation Nvidia lost in a single day.
It’s all fine and dandy that the leading tech companies are still here, where the money and talent to build them into superpowers existed years ago and didn’t really in China. Times have changed. Letting other countries steal our technology and run huge trade surpluses isn’t a good long term strategy.
It’s becoming clearer and clearer that you are a CCP sympathizer.
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Still waiting for all those factories to start operating on American soil due to the tariffs.
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Completely contradictory info here from the same op-ed. OMG he capitulated! Did anyone really think the long term plan was to have 125% tariffs on China? We still have 30% and they have 10%. The tariff wall is still there.
The lengths people go to constantly spin everything into the most negative thing ever is so over the top ridiculous.
No. The WSJ editorial is pretty straightforward. The tariffs were a disaster from the beginning and Navarro is an effing idiot.
I’m hearing from very reliable sources that Trump retreated when the Chinese offered him a hang glider.
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Pretty cocky for a guy whose “leading AI” company completely got backdoored by a Chinese startup just a few months ago. You complained far louder about the temporary losses from the tariff announcements than you did about the $600 billion in valuation Nvidia lost in a single day.
It’s all fine and dandy that the leading tech companies are still here, where the money and talent to build them into superpowers existed years ago and didn’t really in China. Times have changed. Letting other countries steal our technology and run huge trade surpluses isn’t a good long term strategy.
It’s becoming clearer and clearer that you are a CCP sympathizer.
Guess I overestimated you. You are far too stupid to be a purchasing manager for Dollar General.
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No. The WSJ editorial is pretty straightforward. The tariffs were a disaster from the beginning and Navarro is an effing idiot.
I’m hearing from very reliable sources that Trump retreated when the Chinese offered him a hang glider.
No way would the Chinese offer him a hang glider. He'd kill himself - they need him alive.
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Still waiting for all those factories to start operating on American soil due to the tariffs.
Glad you are giving it more than 30 days. Announcements of investments and investment considerations have taken place, but are actively suppressed by anti-Trump media. At least the Nvidia CEO is smart enough to get on the Trump train, even if Murph isn’t!
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Glad you are giving it more than 30 days. Announcements of investments and investment considerations have taken place, but are actively suppressed by anti-Trump media. At least the Nvidia CEO is smart enough to get on the Trump train, even if Murph isn’t!
Tired: Foxconn flim flam
Wired: Saudi flim flam
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Tip off in 10...
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Tip off in 10...
Is it TACO time?
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Is it TACO time?
Looks like I get an extra TACO!
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Looks like I get an extra TACO!
No TACO, no TACO. You're the TACO!!!
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yum!
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someone check on Q97... #STONKS
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What?
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Remember when Murph told us Trump destroyed the economy and the shelves were going to be empty and all the small businesses would be bankrupt?
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Remember when Murph told us Trump destroyed the economy and the shelves were going to be empty and all the small businesses would be bankrupt?
Still true. All the monies go to your AI overlords.
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Remember when Murph told us Trump destroyed the economy and the shelves were going to be empty and all the small businesses would be bankrupt?
He TACO'd.
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The tariff plan made no sense to begin with. It's either revenue or or a negotiating tactic, bluff. It can't be both and Trump trying to thread the needle isn't working.
Trump thought he held all the cards. But turns out everyone else is playing poker while he's playing Pokemon.
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The tariff plan made no sense to begin with. It's either revenue or or a negotiating tactic, bluff. It can't be both and Trump trying to thread the needle isn't working.
Trump thought he held all the cards. But turns out everyone else is playing poker while he's playing Pokemon.
don't insult Pokemon TCG. He's playing 51 card pickup
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The tariff plan made no sense to begin with. It's either revenue or or a negotiating tactic, bluff. It can't be both and Trump trying to thread the needle isn't working.
Trump thought he held all the cards. But turns out everyone else is playing poker while he's playing Pokemon.
Tariffs are still in place, generating revenue. Inflation has stayed in check, shelves are stocked, oil prices are low, grocery prices are down, and interest rates are about to be lowered. We just bombed Iran back to the Stone Age and Europe is finally paying their fair share for the war in Ukraine. Tough pill to swallow I’m sure.
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Tariffs are still in place, generating revenue. Inflation has stayed in check, shelves are stocked, oil prices are low, grocery prices are down, and interest rates are about to be lowered. We just bombed Iran back to the Stone Age and Europe is finally paying their fair share for the war in Ukraine. Tough pill to swallow I’m sure.
You forgot that Trump closed the southern border without changing the law..Enjoy drinking the Kool aid in your house of cards. Or was that intentionally funny?
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Tariffs are still in place, generating revenue. Inflation has stayed in check, shelves are stocked, oil prices are low, grocery prices are down, and interest rates are about to be lowered. We just bombed Iran back to the Stone Age and Europe is finally paying their fair share for the war in Ukraine. Tough pill to swallow I’m sure.
Sales are down... Consumer sentiment has been tanking.
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Tariffs are apparently helping kill the housing construction industry, with the tip in by ICE
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According to sources who choose to remain anonymous, experts say that most people survived The Great Recession of April 1, 2025 and the 15 minutes of WW3 of June 22, 2025.
in other economic news, economists are awaiting an antipated performance update on the $2000 that Jobu has squirreled away for his retirement.
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Sales are down... Consumer sentiment has been tanking.
But Iran has been bombed back to the stone age. Cage free eggs are only $7.99 a dozen.
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But Iran has been bombed back to the stone age. Cage free eggs are only $7.99 a dozen.
And the President actually agreed that the Iranians could bomb a US base....
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According to sources who choose to remain anonymous, experts say that most people survived The Great Recession of April 1, 2025 and the 15 minutes of WW3 of June 22, 2025.
in other economic news, economists are awaiting an antipated performance update on the $2000 that Jobu has squirreled away for his retirement.
I'm in Florida right now. You gotta be careful walking the streets or you'll get kidnapped by desperate home sellers.
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Tariffs are still in place, generating revenue. Inflation has stayed in check, shelves are stocked, oil prices are low, grocery prices are down, and interest rates are about to be lowered. We just bombed Iran back to the Stone Age and Europe is finally paying their fair share for the war in Ukraine. Tough pill to swallow I’m sure.
On the surface of the U.S. economy, prices are higher. The latest inflation data out on Friday from the government showed a bigger uptick than forecast. On Thursday, Nike said it took a $1 billion hit due to tariffs and the fact that price increases have yet to be implemented.
Inside the U.S. economy, within distribution networks that manage inventory, there are fewer items overall due to the trade war, but more goods on which sticker prices are going up.
“We are now seeing multiple customers increasing pricing,” said Ryan Martin, president of distribution and fulfillment for ITS Logistics.
While price tags are placed on items at the manufacturer, Martin said over the past month his company has started re-ticketing “millions of units of products for many customers,” items ranging from apparel to consumer products in the warehouse being prepped for eventual delivery or immediate transport to stores.
Depending on the product, price increases range from 8%-15%, he said.
“This is creating additional inflation,” Martin said. It is happening in e-commerce as well, he said, though the price change is reflected online, not on the product.
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https://www.cnbc.com/2025/06/27/pce-inflation-report-may-2025-.html
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Who voted for this?!
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Tempo would have voted for this, but he doesn't live in NY or Chicago
https://www.newsweek.com/zohran-mamdani-proposes-taxing-whiter-neighborhoods-nyc-2091452
https://www.thetimes.com/us/news-today/article/millionaires-flee-new-york-mamdani-zohran-qbrfnddx3
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Tempo would have voted for this, but he doesn't live in NY or Chicago
https://www.newsweek.com/zohran-mamdani-proposes-taxing-whiter-neighborhoods-nyc-2091452
https://www.thetimes.com/us/news-today/article/millionaires-flee-new-york-mamdani-zohran-qbrfnddx3
Tempo is cultured tho. He's different from me, who lives in a place that is predominantly white.
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Tempo is cultured tho. He's different from me, who lives in a place that is predominantly white.
Tempo will complain you are taking unsolicited shots at him, but, damn, this is funny because its true!
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https://www.express.co.uk/news/uk/2074302/humiliation-donald-trump-us-trade
Humiliation for Donald Trump as US trade deficit increases to £70 billion despite tariffs
The U.S. trade deficit rose 11.1% to $96.6 billion (£70.4 billion) according to official data out this week.
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https://www.express.co.uk/news/uk/2074302/humiliation-donald-trump-us-trade
Humiliation for Donald Trump as US trade deficit increases to £70 billion despite tariffs
The U.S. trade deficit rose 11.1% to $96.6 billion (£70.4 billion) according to official data out this week.
"Nike also said it would reduce supply from China to the US market to bring down costs."
Good.
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"Nike also said it would reduce supply from China to the US market to bring down costs."
Good.
So they will get it from Vietnam instead? That won't close the expanding trade deficit.....
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It’s funny how all the tariff haters completely refuse to acknowledge that companies can pivot and change core behaviors. They do it all the time, for a lot of different reasons.
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So they will get it from Vietnam instead? That won't close the expanding trade deficit.....
"Nike soared 15.2% for the biggest gain in the market"
The fishwrap June 28, 2025
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According to sources who choose to remain anonymous, experts say that most people survived The Great Recession of April 1, 2025 and the 15 minutes of WW3 of June 22, 2025.
And most people survived The Constitutional Crisis of 2025, a Rwanda/Congo peace agreement and NATO countries deciding to ramp up their defense funding.
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Inflation has been lower than expected. There are three reasons.
*Front loading: Importers stocked up on imports early, before tariffs kicked in.
*Stalling by absorbing the cost: Importers are delaying passing on the cost of tariffs until the rates become clearer. They'd rather eat the cost for now than lose market share by increasing prices prematurely.
*Loophole leveraging. There are a couple or so ways to postpone the imposition of tariffs or even a temporary exemption.
There are some good articles that go into more detail. They might be too long for busy or slow readers.
Here is one: https://www.cbsnews.com/news/inflation-trump-tariffs/
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"The entire operation was precisely planned and brilliantly executed, even if it remains unclear whether the Iranian nuclear infrastructure was eradicated or just damaged."
https://www.cfr.org/expert-brief/trumps-iran-attack-was-impressive-airpower-has-its-limits
"United States President Donald Trump has declared a “victory for everybody” as the ceasefire that ended 12 days of fighting between Iran and Israel continues to hold, despite uncertainty over the effectiveness of US strikes on Iran’s nuclear sites."
https://www.aljazeera.com/news/2025/6/25/trump-insists-iran-nuclear-sites-destroyed-in-us-strikes-blasts-media
'US strikes failed to destroy Iran's nuclear sites, intelligence report says "
https://www.reuters.com/world/middle-east/trump-announces-israel-iran-ceasefire-2025-06-23/
Suffice to say, Iran was not bombed back to the stone age.
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Watched a short piece from Victor Davis Hanson last night about how Iran is hated the world over, but of the very few groups on earth that support them right now are American Democrats/Progressives.
It’s absolutely amazing how Trump has most of the left rabidly supporting deeply unpopular overall political positions, including openly wishcasting that the air strikes to limit Iran’s ability to build nuclear weapons weren’t successful.
No one here really knows how effective the strikes were, but there has definitely been an eagerness from the American left to embrace Iranian reports that the bombs didn’t do anything. These people won’t give Trump a W no matter what he does, even when it’s something that very clearly benefits America/the world.
These people are ideologically captured and cannot be trusted. Luckily they have the Democrat party so crippled that the midterms should be a walk in the park and the good guys can continue to rid our country (and the world) of the criminal scum that Obama3 let run rampant during his 4 year snooze.
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(https://i.ibb.co/4wJn39jg/Screenshot-20250628-083239-Chrome.jpg) (https://ibb.co/LDvXHbCh)
(https://i.ibb.co/dRRjVx6/Screenshot-20250628-083443-Chrome.jpg) (https://ibb.co/m33b2gt)
(https://i.ibb.co/TBMwLSdJ/Screenshot-20250628-083543-Chrome.jpg) (https://ibb.co/Fb4hVMCc)
And from Senator Bernie Moreno
"But, Laura, I'm going to give you some breaking news. One of the Democrats that you just had on your program was in the confidential briefing in the Skiff today and said to General Caine, the operation that you ran will go down in the annals of American history as the greatest military operation ever conducted. A Democrat said that today. What's sick, Laura, is that they then go on TV and --
INGRAHAM: Wow.
MORENO: -- do everything possible politically to undermine the administration. This is not what they believe. This is just pure political grotesque behavior. It infuriates me. Look, I'm just going to call it like it is. Maybe I'm breaking Senate protocol here. But, look, I can't stand these guys that say something in private and they go out publicly and contradict it only to score cheap political points which weakens this country and undermines our military.
INGRAHAM: So, Murphy or Blumenthal or Schumer or Mark Warner. Can you just tell was it one of those guys?
MORENO: Look, Laura, you're -- you got it."
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(https://i.ibb.co/4wJn39jg/Screenshot-20250628-083239-Chrome.jpg) (https://ibb.co/LDvXHbCh)
(https://i.ibb.co/dRRjVx6/Screenshot-20250628-083443-Chrome.jpg) (https://ibb.co/m33b2gt)
(https://i.ibb.co/TBMwLSdJ/Screenshot-20250628-083543-Chrome.jpg) (https://ibb.co/Fb4hVMCc)
And from Senator Bernie Moreno
"But, Laura, I'm going to give you some breaking news. One of the Democrats that you just had on your program was in the confidential briefing in the Skiff today and said to General Caine, the operation that you ran will go down in the annals of American history as the greatest military operation ever conducted. A Democrat said that today. What's sick, Laura, is that they then go on TV and --
INGRAHAM: Wow.
MORENO: -- do everything possible politically to undermine the administration. This is not what they believe. This is just pure political grotesque behavior. It infuriates me. Look, I'm just going to call it like it is. Maybe I'm breaking Senate protocol here. But, look, I can't stand these guys that say something in private and they go out publicly and contradict it only to score cheap political points which weakens this country and undermines our military.
INGRAHAM: So, Murphy or Blumenthal or Schumer or Mark Warner. Can you just tell was it one of those guys?
MORENO: Look, Laura, you're -- you got it."
Bingo.
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Watched a short piece from Victor Davis Hanson last night about how Iran is hated the world over, but of the very few groups on earth that support them right now are American Democrats/Progressives.
It’s absolutely amazing how Trump has most of the left rabidly supporting deeply unpopular overall political positions, including openly wishcasting that the air strikes to limit Iran’s ability to build nuclear weapons weren’t successful.
No one here really knows how effective the strikes were, but there has definitely been an eagerness from the American left to embrace Iranian reports that the bombs didn’t do anything. These people won’t give Trump a W no matter what he does, even when it’s something that very clearly benefits America/the world.
These people are ideologically captured and cannot be trusted. Luckily they have the Democrat party so crippled that the midterms should be a walk in the park and the good guys can continue to rid our country (and the world) of the criminal scum that Obama3 let run rampant during his 4 year snooze.
Be careful what you think about the midterms.
The assessment was a preliminary and low-confidence leak. Hopefully, but it won't happen, they'll ID the leaker.
Nonetheless, Iran came to the peace table. I'm not sure they're doing that over a minor setback.
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Nonetheless, Iran came to the peace table. I'm not sure they're doing that over a minor setback.
Well and people act like we couldn’t just do it again if we wanted.
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Bingo.
Bango, bongo.
;D ;D ;D ;D
(https://i.ibb.co/VpcXh72B/Screenshot-20250628-085740-Chrome.jpg) (https://ibb.co/4gnBD6PN)
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"Nike soared 15.2% for the biggest gain in the market"
The fishwrap June 28, 2025
Good for Nike, Vietnam and Jobu's 401k, I guess. Not good for the deficit that appears to only matter when a Democrat is in charge.
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"The entire operation was precisely planned and brilliantly executed, even if it remains unclear whether the Iranian nuclear infrastructure was eradicated or just damaged."
Reaction: why do you hate Trump?
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Reaction: why do you hate Trump?
Why do you believe Bertrand ?
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Well and people act like we couldn’t just do it again if we wanted.
Bomb them back to the stone age again?
Are you going to call me an Iraq lover again? I have been called similar things in the past.
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Bingo.
Politics. Never seen anyone act like this in the past 4 years when Jill was president. There is also no gambling in Casablanca. Shocking!
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Why do you believe Bertrand ?
Who is that? It appears to have been a well executed strike with uncertain results as of now.
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Bango, bongo.
;D ;D ;D ;D
(https://i.ibb.co/VpcXh72B/Screenshot-20250628-085740-Chrome.jpg) (https://ibb.co/4gnBD6PN)
If Biden officials believed it was credible it must be wrong, since they were wrong on everything else I hear. So natural origin it is.
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Bomb them back to the stone age again?
Are you going to call me an Iraq lover again? I have been called similar things in the past.
If you cry like Ketel Marte, Mn will be banned from all message boards.
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From Steele, to Hunter, to Israel, to ...
Weird.
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Bomb them back to the stone age again?
Are you going to call me an Iraq lover again? I have been called similar things in the past.
I mean, if the first strikes actually weren’t as effective as they wanted, then yeah. If this can foster a lasting peace and nuclear deterrence, then it will be worth it even if it didn’t completely destroy the enrichment facilities. But I think we have all been around long enough to know this wasn’t so much about the facilities themselves so much as a show of power.
I probably won’t call you an Iraq lover, but you definitely were Biden’s Baghdad Bob!
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I mean, if the first strikes actually weren’t as effective as they wanted, then yeah. If this can foster a lasting peace and nuclear deterrence, then it will be worth it even if it didn’t completely destroy the enrichment facilities. But I think we have all been around long enough to know this wasn’t so much about the facilities themselves so much as a show of power.
I probably won’t call you an Iraq lover, but you definitely were Biden’s Baghdad Bob!
You seem to be projecting. You said Trump bombed Iraq back to the stone age. That made me choke on my coffee.
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From Steele, to Hunter, to Israel, to ...
Weird.
You forgot covid origin, and they're all from "Who is that ?"
As well as .....
"Exclusive: Early US intel assessment suggests strikes on Iran did not destroy nuclear sites, sources say
By Natasha Bertrand, Katie Bo Lillis and Zachary Cohen, CNN
"The assessment, which has not been previously reported, ........"
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From Steele, to Hunter, to Israel, to ...
Weird.
To be clear. The Steele dossier and the Hunter dossier had no effect at all on my thinking. They were noise that distracted from the actual important stuff.
Funny how Joe Biden was both a criminal master mind --- the big guy - and a cognitively impaired incompetent imbicile.
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If Biden officials believed it was credible .......
Just stop it !!!!! ;D ;D
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How many times have Republicans been completely wrong?
Trump now says he would bomb Iran again if Intel indicates ...
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From Steele, to Hunter, to Israel, to ...
Weird.
Point being Bertrand has made a living serving up platters of red meat disinformation for the better part of a decade. Odds are she has confirmed a few biases amongst some members here. She doesn’t even try to hide the fact that what she “reports” is straight up Democrat/State propaganda.
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Funny how Joe Biden was both a criminal master mind --- the big guy - and a cognitively impaired incompetent imbicile.
It is amazing! Maybe he is Harvey Dent/2 Face?
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Just stop it !!!!! ;D ;D
Must be wrong if Biden admin officials believed it! That damned pangolin actually started it all!
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https://www.cnbc.com/2025/06/27/pce-inflation-report-may-2025-.html
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Who voted for this?!
Also...
https://www.cnbc.com/amp/2025/06/27/deep-inside-economy-more-sticker-prices-start-to-go-up-due-to-tariffs.html
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Point being Bertrand has made a living serving up platters of red meat disinformation for the better part of a decade. Odds are she has confirmed a few biases amongst some members here. She doesn’t even try to hide the fact that what she “reports” is straight up Democrat/State propaganda.
Did she report that the Steele dossier and Hunter laptop were irrelevant sideshows? Or say that the Trump attack on Iran was militarily impressive, but the degree of success is unknown? if so, perhaps she somehow influenced my views.
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You can continue to tell yourself, and others, that the dossier and the laptop were irrelevant sideshows but the fact of the matter is that they weren't.
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You can continue to tell yourself, and others, that the dossier and the laptop were irrelevant sideshows but the fact of the matter is that they weren't.
For me, they were. That is a fact of the matter.
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We know what CNN is about. Most people take their reporting with a few grains of salt. Same with MSNBC.
Mainstream.liberal, trending progressive (globalist, pro DEI, speech codes, identity politics, feminism, pro choice, pro nonbinary glbtq+ ...)
Same with NY Post, Mooney Times, and Fox News Channel. And that idiot podcaster dude. Mainstream conservative -- currently trending ultra nationalist, anti DEI, anti gay, prolife, theocratic, patriarchal toxic alpha malism
The failing New York Times and WaPo center left, free market, free trade, free speech, social insurance, progressive tax
Forbes (maybe) National Review are traditional center right. -- free market, free trade, free speech ...
Reuters, CFR, Cato, Al Jazeera and a few others have their unique perspectives.
The Jacobin.and Mother Jones are hard left. There are more like Truth Out, Alternet, Move On, the Intercept...
There are plenty of hard right sites Newsmax is a less toxic one.
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Tempo would have voted for this, but he doesn't live in NY or Chicago
https://www.newsweek.com/zohran-mamdani-proposes-taxing-whiter-neighborhoods-nyc-2091452
https://www.thetimes.com/us/news-today/article/millionaires-flee-new-york-mamdani-zohran-qbrfnddx3
Tax whitey.
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Tempo is cultured tho. He's different from me, who lives in a place that is predominantly white.
You should cry about how mean I am more. I never wanted to live in Itasca, or any suburb for that matter. My son’s mother, unfortunately did. Too bad I don’t have ThePAMan arrangement, and make every important decision with ZERO input from the wife!
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You should cry about how mean I am more. I never wanted to live in Itasca, or any suburb for that matter. My son’s mother, unfortunately did. Too bad I don’t have ThePAMan arrangement, and make every important decision with ZERO input from the wife!
Some guys are men and some are milquetoast, I guess. A few may even live unapologetically on stolen land in Irasca.
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Tax whitey.
Be careful what you wish for.
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Some guys are men and some are milquetoast, I guess. A few may even live unapologetically on stolen land in Irasca.
You’re fucking ridiculous
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Thanks to the feminist movement and the pussification of American men, too many men let women run their lives these days. Women typically don’t respect a man that willingly turns the reins over to them, the men are miserable under their rule, and there’s really no way to go back after it’s happened. Kudos to ThePAMAN for having his house in order.
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LOL
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Thanks to the feminist movement and the pussification of American men, too many men let women run their lives these days. Women typically don’t respect a man that willingly turns the reins over to them, the men are miserable under their rule, and there’s really no way to go back after it’s happened. Kudos to ThePAMAN for having his house in order.
only a few of us left actually know
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Thanks to the feminist movement and the pussification of American men, too many men let women run their lives these days. Women typically don’t respect a man that willingly turns the reins over to them, the men are miserable under their rule, and there’s really no way to go back after it’s happened. Kudos to ThePAMAN for having his house in order.
This is why it will be 30 years of blissful marriage (with 10.years of dating added on) at the end of July.
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This is why it will be 30 years of blissful marriage (with 10.years of dating added on) at the end of July.
Congrats!
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Congrats!
Thanks.
Takes a lot of effort to be a dictator without letting them know you are a dictator!
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This is why it will be 30 years of blissful marriage (with 10.years of dating added on) at the end of July.
That's sweet. 👩❤️👨
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(https://i.ibb.co/rfyjwZ2N/Screenshot-20250614-220942-2.png) (https://ibb.co/BKspCg2F)
foto's uploaden en delen (https://nl.imgbb.com/)
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Boo hoo, Tom. 😭😭
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This is why it will be 30 years of blissful marriage (with 10.years of dating added on) at the end of July.
Awesome!
-
Thanks.
Takes a lot of effort to be a dictator without letting them know you are a dictator!
This guy gets it.
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This is why it will be 30 years of blissful marriage (with 10.years of dating added on) at the end of July.
Nice. We just celebrated 29.
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Nice. We just celebrated 29.
Nice!
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Nice. We just celebrated 29.
Congrats to you as well.
I made it 22 years, been divorced for a few now. I, evidently, was not that good of a dictator.
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Congrats to you as well.
I made it 22 years, been divorced for a few now. I, evidently, was not that good of a dictator.
Always blame the subordinates!
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Maybe Chickengeorge's weiner stopped working good.
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Congrats also to Jobu. You know he’s getting sucked off on the regular, no surprise he knows how to keep his house in order!
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You can continue to tell yourself, and others, that the dossier and the laptop were irrelevant sideshows but the fact of the matter is that they weren't.
Thread police. What the fuck does this have to do with Stonks?
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only a few of us left actually know
uhh... Where is the "WTF is wrong with Women" thread? Who authored that thread?
Doesn't seem like you know very much - and since this is the STONKS thread, how's those covered calls (a.k.a. short position) going?
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uhh... Where is the "WTF is wrong with Women" thread? Who authored that thread?
Doesn't seem like you know very much - and since this is the STONKS thread, how's those covered calls (a.k.a. short position) going?
Oh I know almost too much unfortunately
as for the covered calls on NVDA, I got the 200's so you should be rooting for me!
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Thread police. What the fuck does this have to do with Stonks?
Mn thought it was “socks” which is what he jerks off into when thinking about Hunter Biden and Covid.
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Mn thought it was “socks” which is what he jerks off into when thinking about Hunter Biden and Covid.
Solid effort
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5000 invested in NVDA the day IlliniHQ2 started - now worth 150k
don't say I didn't warn ya
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Fascinating.
https://x.com/carm1nee/status/2046341116618850628?s=46&t=taZJ_d5ITWr6Hq3PUZDUiQ
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Truly.
Posted yesterday from an eastern European based account, non-EU, and the Dow was at 16,500.
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Truly.
Posted yesterday from an eastern European based account, non-EU, and the Dow was at 16,500.
It’s an actual clip from CNBC, how does the reposters provenance change that?
Come on. You know there is shady stuff going on, it’s part of your whole schtick on Nancy Pelosi bad.
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It was in 2013/14. So Trump’s fault, I’m guessing?
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It’s an actual clip from CNBC, how does the reposters provenance change that?
Come on. You know there is shady stuff going on, it’s part of your whole schtick on Nancy Pelosi bad.
There's a reason I call him Three Card MNte.
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It was in 2013/14. So Trump’s fault, I’m guessing?
We’re just awaiting Mr “Only I can fix it” to do the needful