Trump​ ❤️ Tariffs

[JDHillFan]

3 minutes ago, Joe Ferguson forever said:

Yes, no one else could destroy bond markets, the value of the dollar and stocks. All of the major indexes are down significantly from when he took over a bull market. He’s f in amazing.  
https://www.cbsnews.com/news/trump-tariff-pause-bond-market-bond-yield-treasury-bill/

What does “significantly” mean in this context and why did you link to an article from April 10?
 

Really nice work. The own goals never stop with you. 

[sherpa]

35 minutes ago, JDHillFan said:

What does “significantly” mean in this context and why did you link to an article from April 10?
 

Really nice work. The own goals never stop with you. 

 

10 year bond closed at 4.57 on January 20.

Closed at 4.53 today.

I would call that essentially unchanged.

 

S&P 500 is about 70 points off from Jan 20, from about 6000 tp 5916.

About 2%.

Hardly a "thing."

[leh-nerd skin-erd]

29 minutes ago, sherpa said:

 

10 year bond closed at 4.57 on January 20.

Closed at 4.53 today.

I would call that essentially unchanged.

 

S&P 500 is about 70 points off from Jan 20, from about 6000 tp 5916.

About 2%.

Hardly a "thing."

And yet, the pigs lament. 

[Roundybout]

1 hour ago, JDHillFan said:

I’m not. Weather hobbyists being deprived of two hours of in-person refresher training is not a real world impact in any way, shape or form. There will be zero consequences to society as a result of this. Take the training online and move along. 

Why should I? Having a live instructor is a far superior learning experience.

 

Your 0.0001 cent in tax money it costs is insignificant. 

[JDHillFan]

6 minutes ago, Roundybout said:

Why should I? Having a live instructor is a far superior learning experience.

 

Your 0.0001 cent in tax money it costs is insignificant. 

I’m sure it’s an enjoyable hobby. The cancellation of this fall’s two hour refresher, while disappointing for you and your fellow hobbyists, will have no real world impact whatsoever. 

[Joe Ferguson forever]

49 minutes ago, sherpa said:

 

10 year bond closed at 4.57 on January 20.

Closed at 4.53 today.

I would call that essentially unchanged.

 

S&P 500 is about 70 points off from Jan 20, from about 6000 tp 5916.

About 2%.

Hardly a "thing."

It was a bull market. Should be up 2%. Treasuries recovered cuz trump balked. It doesn’t take a financial genius to achieve these numbers. If a D produced this, MAGAs would be up in arms. Wait, they are but literally. The treasuries rightly freaked the market. Could’ve been disastrous. But hey, what difference is it if  an authoritarian bets our currency reserve status?

Edited 22 hours ago by Joe Ferguson forever

[JDHillFan]

2 minutes ago, Joe Ferguson forever said:

It was a bull market. Should be up 2%. Treasuries recovered cuz trump balked. It doesn’t take a financial genius to achieve these numbers. If a D produced this, MAGAs would be up in arms. Wait, they are but literally. 

Why did you post a link from 35 days ago in hopes of making a point? Just stupidity on your part?

[Joe Ferguson forever]

9 minutes ago, JDHillFan said:

Why did you post a link from 35 days ago in hopes of making a point? Just stupidity on your part?

Because it explains why trump balked. Duh

[JDHillFan]

1 minute ago, Joe Ferguson forever said:

Because it explains why trump balked. Duh

Nice try. Fail. 

[Joe Ferguson forever]

19 minutes ago, JDHillFan said:

Nice try. Fail. 

Nope.  he balked because the bond market crashed directly due to his actions.  Someone with sense talked him down, possibly Bessent.  Lutnick is a moron and the other pig faced economic advisor just spouts out absurdities,

[Doc Brown]

1 hour ago, Joe Ferguson forever said:

Yes, no one else could destroy bond markets, the value of the dollar and stocks. All of the major indexes are down significantly from when he took over a bull market. He’s f in amazing.  
https://www.cbsnews.com/news/trump-tariff-pause-bond-market-bond-yield-treasury-bill/

This article was over a month ago and major indexes are not down significantly since he took office.  Stock indexes (S&P, Dow, Nasdaq, etc.) are about where they were when he took office.  You're right though in if he was locked in a room since inauguration and did nothing we'd pry be much better off.  

[leh-nerd skin-erd]

2 minutes ago, Doc Brown said:

This article was over a month ago and major indexes are not down significantly since he took office.  Stock indexes (S&P, Dow, Nasdaq, etc.) are about where they were when he took office.  You're right though in if he was locked in a room since inauguration and did nothing we'd pry be much better off.  

The relative resilience of the market has been impressive.  It’s not simply concern of tariffs or rising cost of good, its investor reaction and mood that must be considered.  It’s actually pretty amazing to me the market has been relatively stable—we’ve had half the country or more panicking, predicting doom and gloom, and reaching out to embrace China in our dispute—-all because the major indexes dropped like a stone….to level we hadn’t seen in all of 30, 60, or 90 days.  
 

The thing is…30, 60, 90 days ago….I was pretty happy with where I was at as a long term investor.  Ignoring the noise generated by those freaking out over short terms volatility helps. 

[JDHillFan]

29 minutes ago, Joe Ferguson forever said:

Nope.  he balked because the bond market crashed directly due to his actions.  Someone with sense talked him down, possibly Bessent.  Lutnick is a moron and the other pig faced economic advisor just spouts out absurdities,

Yup. The failure belongs to you for such an ill-informed post. You’ve been effing up in that way a lot recently. Hang in there and please pay more attention to what you are linking to. It’s easy if you just calm down a smidge. 

[Doc Brown]

4 minutes ago, leh-nerd skin-erd said:

The relative resilience of the market has been impressive.  It’s not simply concern of tariffs or rising cost of good, its investor reaction and mood that must be considered.  It’s actually pretty amazing to me the market has been relatively stable—we’ve had half the country or more panicking, predicting doom and gloom, and reaching out to embrace China in our dispute—-all because the major indexes dropped like a stone….to level we hadn’t seen in all of 30, 60, or 90 days.  
 

The thing is…30, 60, 90 days ago….I was pretty happy with where I was at as a long term investor.  Ignoring the noise generated by those freaking out over short terms volatility helps. 

It's not that surprising to me because the market sentiment was pretty strong when he entered office and reached record highs after he was inaugurated.  Then Trump did his bs trade crap and the markets had the worst three months since Carter was in office.  It was more people of retirement age that were sweating it out as opposed to long term investors.  Once Trump backed off a lot of investors took the opportunity to buy the dip.  One person should not have that much power when it comes to influencing the global economy imo.  Congress needs to pass legislation to regain the power of the purse when it comes to implementing tariffs. 

[Big Blitz]

 

[JDHillFan]

2 hours ago, Big Blitz said:

 

Who cares about hard data when we all have feelings? 

[Joe Ferguson forever]

10 hours ago, Doc Brown said:

This article was over a month ago and major indexes are not down significantly since he took office.  Stock indexes (S&P, Dow, Nasdaq, etc.) are about where they were when he took office.  You're right though in if he was locked in a room since inauguration and did nothing we'd pry be much better off.  

If the bond market didn't crash, he would have stuck with his original tariffs and not done a 90 day moratorium.  Do you believe having a treasuries crisis was part of the plan?  That he knew this was going to happen?  If so, his reckless actions are even worse...

[leh-nerd skin-erd]

9 hours ago, Doc Brown said:

It's not that surprising to me because the market sentiment was pretty strong when he entered office and reached record highs after he was inaugurated.  Then Trump did his bs trade crap and the markets had the worst three months since Carter was in office.  It was more people of retirement age that were sweating it out as opposed to long term investors.  Once Trump backed off a lot of investors took the opportunity to buy the dip.  One person should not have that much power when it comes to influencing the global economy imo.  Congress needs to pass legislation to regain the power of the purse when it comes to implementing tariffs. 

Except there were substantial concerns about the potential for market corrections in the 10% range all throughout 2024, as there typically are after substantial increases.  So, in adding that to the mix, with fear and hysteria at a fever pitch, and players set to profit off turmoil, again, the resilience was impressive.  
 

I’m not that far off from retirement, but cooler heads typically prevail.  WW2. Vietnam. Watergate.  2008. Black Friday.  Historical trends.  I acknowledge Trumps actions impacted the markets.  To what degree and what that ultimately means cannot be measured in Fergie’s concerns about his pharmaceuticals over an 34 day period, or the a revisting of the Carter years.  What happened post Carter? What was the appropriate course of action thereafter?  Both rhetorical questions, of course. 

[All_Pro_Bills]

11 hours ago, Joe Ferguson forever said:

It was a bull market. Should be up 2%. Treasuries recovered cuz trump balked. It doesn’t take a financial genius to achieve these numbers. If a D produced this, MAGAs would be up in arms. Wait, they are but literally. The treasuries rightly freaked the market. Could’ve been disastrous. But hey, what difference is it if  an authoritarian bets our currency reserve status?

Because MAGA are illiterate hillbillies and unwashed masses of trouble making insurrectionists that own no stocks they don't care about the S&P 500 and probably don't know what that is anyway.

[Roundybout]

5 hours ago, Big Blitz said:

 

I mean yeah, Trump tapped out. He panicked and pulled his tariffs.