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Everything posted by Joe Ferguson forever
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i would love to see the market gain all of the 10 trillion it lost and add another 10 trillion. but I have no faith in him, lutnick, besset and especially navarro. these are business people who are pretending to be global economic policy experts. they're not. even if the market recovers quickly by other countries capitulating, this was a radical, harmful plan with many serious long term consequences. any "crash" during the biden admin was spit in the ocean compared to this. btw, Jan and Feb job numbers were both revised downward. we'll see about march...
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How will Trump’s tax INCREASE affect you?
Joe Ferguson forever replied to BillStime's topic in Politics, Polls, and Pundits
I watch white lotus. It’s like a car crash and I can identify some of the characters in real life. Haven’t seen the Piitt. We are watching the Good Karma Hospital which is entertaining but totally unrealistic. Best thing I’ve seen recently is “Flow” which is the Oscar winning animated film. No humans and no dialogue and yet amazing and thought provoking. -
Trump ❤️ Tariffs
Joe Ferguson forever replied to The Frankish Reich's topic in Politics, Polls, and Pundits
CNBC is getting very dark https://www.mediaite.com/news/cnbcs-jim-cramer-throws-around-c-word-as-trump-stock-crisis-deepens-says-slide-is-headed-for-crash/ Cramer told co-host Carl Quintanilla that “if you wanted to make the market crash, I think you would go with this game plan”: Faux news doesn’t want the few viewers with portfolios to see how bad the market is. Disgraceful for a so called balanced news company https://www.tvinsider.com/1184858/fox-news-criticized-after-stock-ticker-removed-trump-tariff/ -
How will Trump’s tax INCREASE affect you?
Joe Ferguson forever replied to BillStime's topic in Politics, Polls, and Pundits
Classically there is a protagonist in drama. It’s lacking one. Not my thing. -
Trump ❤️ Tariffs
Joe Ferguson forever replied to The Frankish Reich's topic in Politics, Polls, and Pundits
Catch a falling knife https://www.msn.com/en-us/money/markets/retail-traders-keep-buying-the-dip-and-they-keep-getting-burned/ar-AA1CiUY7 -
How will Trump’s tax INCREASE affect you?
Joe Ferguson forever replied to BillStime's topic in Politics, Polls, and Pundits
That show is devoid of likable characters. I think that’s where we’re headed. Vacationing with like minded friends is the best bet these days imo. -
How will Trump’s tax INCREASE affect you?
Joe Ferguson forever replied to BillStime's topic in Politics, Polls, and Pundits
Do you believe that we have a president whose highest priority is himself. If so, then how can you believe the culture he's forging isn't based on universal self interest? Actually, that's a reasonable definition of pure capitalism. And no, not a 1% er. That's a different zip code. -
The market was a mess in 2008. We did well. As I recall, the S and P was under 1000. Beach houses were 1/2 off. Lots of foreclosures. Lots of opportunities. .This isn't my first rodeo. So, no. I expect periodic drops. But not self inflicted crashes. but you criticized people with millions in their investment accounts that are more worried about their investments than the economy. They aren't the ones sabotaging the economy. Even with the tax cuts, they are the ones providing the lions share of tax revenue. The economy and the market can't be separated. your entire premise is false and ridiculous.
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How will Trump’s tax INCREASE affect you?
Joe Ferguson forever replied to BillStime's topic in Politics, Polls, and Pundits
this place is filthy with socialists. it's every man for himself now. good luck. -
So magas who voted to decrease inflation (and are getting royally screwed) were justified in their choice. But people who worked all their lives and saved aren't entitled to outrage. Sounds like a SOCIALIST attitude to me. Certainly not a true Republican view. Are you a SOCIALIST? how bout COMMUNIST? Certainly not a CAPiTALIST.
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https://www.cnbc.com/2025/04/03/trump-tariffs-live-updates-stock-market-trade-war.html Open to negotiations. I wonder why. He let a couple casinos go broke. now we know why Markets dropped the day after President Donald Trump imposed a far-reaching “reciprocal tariff” policy, including a 10% baseline tariff on almost every country. The plan slaps much steeper tariff rates on many countries, including 34% on China, 20% on the European Union, 46% on Vietnam and 32% on Taiwan. Economists and U.S. trade partners are raising questions about how the White House calculated the tariff rates it claimed other countries “charge” the U.S. Experts continue to debate the full potential effects. New U.S. tariffs on auto imports also took effect overnight, prompting Stellantis to pause production at its plants in Canada and Mexico. Trump now says he is open to negotiations, contradicting White House aides who insist the sweeping tariffs are not a bargaining tactic.