National avg GAS prices inched upward yet again Wednesday
CNN —
US stock markets fell sharply Friday after
a new economic report showed American consumers
are growing increasingly fearful of price increases
and how [the fascist/convicted felon’s] tariffs
could reignite the inflation crisis he promised to end!
CNN —
US stock markets fell sharply Friday after
a new economic report showed American consumers
are growing increasingly fearful of price increases
and how [the fascist/convicted felon’s] tariffs
could reignite the inflation crisis he promised to end!
@fubah2
Give it time ! DOGE isn’t going to affect the deficit since the vast majority of federal spending is on welfare programs (medicare, medicaid, social security) and the military. There isn’t much they are going to be able to cut. Hopefully.
However the tariffs, the trade wars, labor shortages due to immigrants not showing up to work or being deported, etc could easily cause a serious recession and make inflation worse. Combined with the fact that for the next 4 years we are going to have republicans who try to combine extra military spending with tax cuts for the rich, and the deficit will get even worse.
@fubah2
Give it time ! DOGE isn’t going to affect the deficit since the vast majority of federal spending is on welfare programs (medicare, medicaid, social security) and the military. There isn’t much they are going to be able to cut. Hopefully.
However the tariffs, the trade wars, labor shortages due to immigrants not showing up to work or being deported, etc could easily cause a serious recession and make inflation worse. Combined with the fact that for the next 4 years we are going to have republicans who try to combine extra military spending with tax cuts for the rich, and the deficit will get even worse.
Dow tumbles more than 700 points Trump inflation, tariff fears mount
CNN — US stock markets fell sharply Friday aftera new economic report showed American consumers are growing increasingly fearful of price increases and how [the fascist/convicted felon’s] tariffs could reignite the inflation crisis he promised to end!
The Dow Jones Industrial Average fell 748 points, or 1.7%.
The broader S&P 500 also sank 1.7% and the Nasdaq was 2.2% lower.
The Dow tumbled for the second consecutive day, falling about 1,200 points over the course of Thursday and Friday.
Dow tumbles more than 700 points Trump inflation, tariff fears mount
CNN — US stock markets fell sharply Friday aftera new economic report showed American consumers are growing increasingly fearful of price increases and how [the fascist/convicted felon’s] tariffs could reignite the inflation crisis he promised to end!
The Dow Jones Industrial Average fell 748 points, or 1.7%.
The broader S&P 500 also sank 1.7% and the Nasdaq was 2.2% lower.
The Dow tumbled for the second consecutive day, falling about 1,200 points over the course of Thursday and Friday.
@joe pockets
Excellent point.
@joe pockets
Excellent point.
Markets tumbling sharply today as America gets hammered due to impending tariffs on our biggest trading partners just to satisfy Trump's ego.
Only question is, how are the MAGAtt fascists in Washington and far right conservative media going to spin this to make it all Joe Biden's fault?
Markets tumbling sharply today as America gets hammered due to impending tariffs on our biggest trading partners just to satisfy Trump's ego.
Only question is, how are the MAGAtt fascists in Washington and far right conservative media going to spin this to make it all Joe Biden's fault?
Market rebounded the next day the last time this same "nEwS" was blasted everywhere.
FYI, American didn't get "hammered" due to impending tariffs. It really is amazing how many people believe the media.
To answer your question, would you like the right to play the lefts playbook and just lie about how well the economy and our job market is doing? Would you rather be lied to to make you feel better?
Market rebounded the next day the last time this same "nEwS" was blasted everywhere.
FYI, American didn't get "hammered" due to impending tariffs. It really is amazing how many people believe the media.
To answer your question, would you like the right to play the lefts playbook and just lie about how well the economy and our job market is doing? Would you rather be lied to to make you feel better?
@BigGame90
What does this have to do with his message? The markets were up to start the session and Trump went out there and pushed the tariff button and the markets got wrecked, that is exactly what happened. He is not wrong with the comment and the market does feel that Trump is inflationary and tariffs are inflationary and inflation means no rate cuts and the market is jonesing for rate cuts.
I dont get your reply to him and what it has to do with his message? The Dow dropped 800 pts from opening levels, the SPX dropped 100 points and it was completely about Trump and tariffs. This has happened multiple times since Trump got his butt in the seat.
@BigGame90
What does this have to do with his message? The markets were up to start the session and Trump went out there and pushed the tariff button and the markets got wrecked, that is exactly what happened. He is not wrong with the comment and the market does feel that Trump is inflationary and tariffs are inflationary and inflation means no rate cuts and the market is jonesing for rate cuts.
I dont get your reply to him and what it has to do with his message? The Dow dropped 800 pts from opening levels, the SPX dropped 100 points and it was completely about Trump and tariffs. This has happened multiple times since Trump got his butt in the seat.
@wallstreetcappers
Yeah, I'm sure regular investors were dumping their portfolios the instant Trump said tariffs. The last time Trump and the media mentioned tariffs, the markets dumped and bounced back the next day. Hope you played it accordingly. Was the market sell off today really because Trump mentioned tariffs, or was that just the excuse for the rug pull? I guess the reason for the market dump was ONLY because of tariffs, right? Institutions knew tariffs were inbound, you don't think this nEwS was already pRiCeD iN? Or is there something else brewing and tariffs are taking the blame?
SPY 590C tomorrow.
@wallstreetcappers
Yeah, I'm sure regular investors were dumping their portfolios the instant Trump said tariffs. The last time Trump and the media mentioned tariffs, the markets dumped and bounced back the next day. Hope you played it accordingly. Was the market sell off today really because Trump mentioned tariffs, or was that just the excuse for the rug pull? I guess the reason for the market dump was ONLY because of tariffs, right? Institutions knew tariffs were inbound, you don't think this nEwS was already pRiCeD iN? Or is there something else brewing and tariffs are taking the blame?
SPY 590C tomorrow.
@BigGame90
Look at the intra-day chart, the markets started up and he went to jawbone about tariffs again and the market tanked pretty much straight the rest of the day.
I am not swing trading Trump because that means I have to be watching for any time he comes online, no thanks. I did take a fair ammt of 401k into bonds after Trump was elected, right at the beginning of the year. When he is yammering about tariffs I felt the risk given the market levels was that things would go lower and so far they have to a degree.
Trump is inflationary, until he stops with this crap the markets will keep grinding down because Trump as he is currently leading the US is to stagflation...cutting low earning average workers like the forest service and the weather service while talking tariff is a bad combo.
I dont buy eggs often luckily but today I was in my local Kroger and was shocked at a dozen eggs running almost 9 bucks. I really dont think Trump has a clue about containing inflation because he is doing a very poor job thus far. High inflation means the FED will not cut and that means the markets will drop, also tariffs hurt tech companies as the global economies and supply chains are impacted by higher costs and retaliation.
@BigGame90
Look at the intra-day chart, the markets started up and he went to jawbone about tariffs again and the market tanked pretty much straight the rest of the day.
I am not swing trading Trump because that means I have to be watching for any time he comes online, no thanks. I did take a fair ammt of 401k into bonds after Trump was elected, right at the beginning of the year. When he is yammering about tariffs I felt the risk given the market levels was that things would go lower and so far they have to a degree.
Trump is inflationary, until he stops with this crap the markets will keep grinding down because Trump as he is currently leading the US is to stagflation...cutting low earning average workers like the forest service and the weather service while talking tariff is a bad combo.
I dont buy eggs often luckily but today I was in my local Kroger and was shocked at a dozen eggs running almost 9 bucks. I really dont think Trump has a clue about containing inflation because he is doing a very poor job thus far. High inflation means the FED will not cut and that means the markets will drop, also tariffs hurt tech companies as the global economies and supply chains are impacted by higher costs and retaliation.
@wallstreetcappers
The markets fell off a cliff the last time (I believe last month) Trump mentioned implementing tariffs. The next day, they rebounded and the left had to find something else to complain about. Same thing will happen tomorrow. Maybe, the markets, regardless of whomever is POTUS have been inflated and need to come back down? I'd have to agree with your move to bonds, you cashed out at the top, if things cool, you'll be in a great spot to pick up the pieces if the markets tumble. Maybe you'll be wrong if stocks only go up, which they have since covid, along with inflation, loss of personal savings, credit card delinquencies, auto defaults etc. How much more can this economy and stock market squeeze from the public? Everything has gone up because of debts (in my opinion and research). If that's true, should that continue so we can say how well our stock market is doing while middle America is watching the value of their dollar go down? I know people on Wall Street would say yes, because of their greed.
Trump didn't cause egg prices to go up.
The FED shouldn't cut rates. Why should they? So people can get cheaper loans (here comes the debt) to spend which leads to increased prices? The FED target of 2% hasn't been hit and never will unless something breaks. Maybe the FED should raise rates to help bring inflation down? Or will that just crush banks which is why the FED hasn't lowered? I'll continue to say it, the FED is stuck between a rock and a hard place with rate decisions. Cut rates and then watch inflation continue to increase while people get left behind. Raise rates and watch banks topple. How much longer do you want regular individuals to keep getting squeezed on higher prices? Maybe the markets need to come back down and get closer to reality and maybe consumers need to spend less to bring inflation down.
@wallstreetcappers
The markets fell off a cliff the last time (I believe last month) Trump mentioned implementing tariffs. The next day, they rebounded and the left had to find something else to complain about. Same thing will happen tomorrow. Maybe, the markets, regardless of whomever is POTUS have been inflated and need to come back down? I'd have to agree with your move to bonds, you cashed out at the top, if things cool, you'll be in a great spot to pick up the pieces if the markets tumble. Maybe you'll be wrong if stocks only go up, which they have since covid, along with inflation, loss of personal savings, credit card delinquencies, auto defaults etc. How much more can this economy and stock market squeeze from the public? Everything has gone up because of debts (in my opinion and research). If that's true, should that continue so we can say how well our stock market is doing while middle America is watching the value of their dollar go down? I know people on Wall Street would say yes, because of their greed.
Trump didn't cause egg prices to go up.
The FED shouldn't cut rates. Why should they? So people can get cheaper loans (here comes the debt) to spend which leads to increased prices? The FED target of 2% hasn't been hit and never will unless something breaks. Maybe the FED should raise rates to help bring inflation down? Or will that just crush banks which is why the FED hasn't lowered? I'll continue to say it, the FED is stuck between a rock and a hard place with rate decisions. Cut rates and then watch inflation continue to increase while people get left behind. Raise rates and watch banks topple. How much longer do you want regular individuals to keep getting squeezed on higher prices? Maybe the markets need to come back down and get closer to reality and maybe consumers need to spend less to bring inflation down.
@BigGame90
The FED is stuck because our actions impact global markets and most every economy. Our rates are the highest of the A grade group for central banks that I am aware and the FED has acted in the past to assist other economies and central banks but now they cannot and especially with Trump fanning inflation via tariffs and a lack of concern for the general concept of inflation. What do we hear with regards to Trump and the issue of inflation? We hear that he likes Musk, he likes Putin he likes other mice scurrying around doing stuff and he likes to sit back watching. I do not recall any concrete policy to solve the inflation issue, I have not heard of a healthcare plan either and not much of any plan for anything from him. This is what you guys bot into and this is what you get, he has thrown together a bunch of inexperienced clowns, tv personalities and women he think are attractive to do things so nothing is getting done thus far.
I imagine his address coming up in which I will not watch will be bluster and generalities but no specifics and no details. He might take the entire year to start taking action outside of partisan pet projects and that is unfortunate.
I still have plenty in core products like the SPX index fund and a few mutual funds that I can bank on but I also like bond rates up here, I wish I could lock in a non-callable 30 year maybe I will have to start digging into a bond screener at my brokerage and see if I can find an agency or a long term bond/note and lock up these high rates.
@BigGame90
The FED is stuck because our actions impact global markets and most every economy. Our rates are the highest of the A grade group for central banks that I am aware and the FED has acted in the past to assist other economies and central banks but now they cannot and especially with Trump fanning inflation via tariffs and a lack of concern for the general concept of inflation. What do we hear with regards to Trump and the issue of inflation? We hear that he likes Musk, he likes Putin he likes other mice scurrying around doing stuff and he likes to sit back watching. I do not recall any concrete policy to solve the inflation issue, I have not heard of a healthcare plan either and not much of any plan for anything from him. This is what you guys bot into and this is what you get, he has thrown together a bunch of inexperienced clowns, tv personalities and women he think are attractive to do things so nothing is getting done thus far.
I imagine his address coming up in which I will not watch will be bluster and generalities but no specifics and no details. He might take the entire year to start taking action outside of partisan pet projects and that is unfortunate.
I still have plenty in core products like the SPX index fund and a few mutual funds that I can bank on but I also like bond rates up here, I wish I could lock in a non-callable 30 year maybe I will have to start digging into a bond screener at my brokerage and see if I can find an agency or a long term bond/note and lock up these high rates.
@wallstreetcappers
We didn't hear or see much of a plan from the last admin unless you consider allowing a mass amount of illegals in with the intent of allowing them to vote because that's the only way blue can win. So why should Trump give anything more?
What happens if you tie up cash and we get a massive dip? Wouldn't be great to watch your parked money bring in a long slow return. Swing for the fences, right?
@wallstreetcappers
We didn't hear or see much of a plan from the last admin unless you consider allowing a mass amount of illegals in with the intent of allowing them to vote because that's the only way blue can win. So why should Trump give anything more?
What happens if you tie up cash and we get a massive dip? Wouldn't be great to watch your parked money bring in a long slow return. Swing for the fences, right?
@BigGame90
Problem is that your guy made a cyber truck load of promises and campaigned off trashing the previous admin. That is fine but there has to be more than lip service and insults, so far I see insults and not much else.
The bonds issue is having a weighted balanced portfolio so if I could lock up a good core rate of return and have that it would be fine then use some risk capital for the other stuff. I do not see the market crashing too much, the algos and spec money is too strong to dip too far.
@BigGame90
Problem is that your guy made a cyber truck load of promises and campaigned off trashing the previous admin. That is fine but there has to be more than lip service and insults, so far I see insults and not much else.
The bonds issue is having a weighted balanced portfolio so if I could lock up a good core rate of return and have that it would be fine then use some risk capital for the other stuff. I do not see the market crashing too much, the algos and spec money is too strong to dip too far.
Warren Buffet calls Trump economic war a very bad idea. Wall street journal criticizes Trump for launching the dumbest trade war in history for no good reason. Economists believe new tariffs carry more risks than during his first term. They warn Trump not to screw up the strong economy inherited from Biden.
Warren Buffet calls Trump economic war a very bad idea. Wall street journal criticizes Trump for launching the dumbest trade war in history for no good reason. Economists believe new tariffs carry more risks than during his first term. They warn Trump not to screw up the strong economy inherited from Biden.
@BigGame90
@wallstreetcappers
Thoughts....???
"The days of the SPX as the primary economic indicator are gone.... The Trump I & Biden I regimes' reliance of pointing to the stock market and saying "the economy is fine" will soon be a thing of the past.
Bessent's appointment was the first big red flag in the shift. Bonds...
The 10 year yield, a falling 10 year yield, sounds like is going to be the economic sign Trump II is out for...
https://www.bloomberg.com/news/features/2025-02-24/elon-musk-s-doge-budget-cut-plans-aren-t-convincing-the-bond-market?embedded-checkout=true"
@BigGame90
@wallstreetcappers
Thoughts....???
"The days of the SPX as the primary economic indicator are gone.... The Trump I & Biden I regimes' reliance of pointing to the stock market and saying "the economy is fine" will soon be a thing of the past.
Bessent's appointment was the first big red flag in the shift. Bonds...
The 10 year yield, a falling 10 year yield, sounds like is going to be the economic sign Trump II is out for...
https://www.bloomberg.com/news/features/2025-02-24/elon-musk-s-doge-budget-cut-plans-aren-t-convincing-the-bond-market?embedded-checkout=true"
@wallstreetcappers
I do not see the market crashing too much, the algos and spec money is too strong to dip too far.
what is "too much" ?
what is "too far" ?
spx 5100 ?
or the 2023 4100 support ?
@wallstreetcappers
I do not see the market crashing too much, the algos and spec money is too strong to dip too far.
what is "too much" ?
what is "too far" ?
spx 5100 ?
or the 2023 4100 support ?
@kcblitzkrieg
Falling 10 year means people are buying thus pulling back from risk assets and into bonds which is bearish on the general markets.
The SPX is weighted so heavily on like ten stocks it is not a good indicator of the markets, the better indicator is to X out the top 10 and see what the other 490 have been doing or look at mid.small cap indexes.
Target today said they are going to raise prices to offset tariffs, who would have seen that coming? This is how tariffs work the end consumer the little guy pays the tabs for retaliatory tariffs, there is little purpose for broad tariffs as we are not really bringing jobs back with a blunt tool like this. It did not work last time and it will not work this time. I really am not sure what he is intending to accomplish with tariffs especially to Canada or Europe, with Mexico we allowed corps to take jobs and move to lower production costs, that was a mistake and has been going on for over a decade. Id say a better solution is to tax any corp as a foreign entity that has offshore production of any sort, make corps take a position of choosing between taxes and production costs...not some flim flam tariff scheme.
@kcblitzkrieg
Falling 10 year means people are buying thus pulling back from risk assets and into bonds which is bearish on the general markets.
The SPX is weighted so heavily on like ten stocks it is not a good indicator of the markets, the better indicator is to X out the top 10 and see what the other 490 have been doing or look at mid.small cap indexes.
Target today said they are going to raise prices to offset tariffs, who would have seen that coming? This is how tariffs work the end consumer the little guy pays the tabs for retaliatory tariffs, there is little purpose for broad tariffs as we are not really bringing jobs back with a blunt tool like this. It did not work last time and it will not work this time. I really am not sure what he is intending to accomplish with tariffs especially to Canada or Europe, with Mexico we allowed corps to take jobs and move to lower production costs, that was a mistake and has been going on for over a decade. Id say a better solution is to tax any corp as a foreign entity that has offshore production of any sort, make corps take a position of choosing between taxes and production costs...not some flim flam tariff scheme.
WSJ article really makes a strong case for Trump's blatant stupidity
WSJ article really makes a strong case for Trump's blatant stupidity
It's been less then 2 months my guy, give it time. Your admid had 4 years and what did we get? Continued inflation that exceeded the FEDs target rate, all 4 years with elevated in excess amounts of govt debts. Everyone seemed to be ok with inflation under Biden, but when Trump basically says inflation is likely to go up with tariffs, AND the gov't is going to collect, the dems are freaking out. I thought dems love taking from the people and giving to the govt. Is that not what Trump is signaling?
Just wondering, if you think a sell off is coming, that will rebound, why tie up a % of your cash in long term bonds when you can buy the dip and possibly far outpace the bond yield? Isn't that what's happening with the sell off? Building that pile of cash to buy a dip that's easily blamed on Trump?
It's been less then 2 months my guy, give it time. Your admid had 4 years and what did we get? Continued inflation that exceeded the FEDs target rate, all 4 years with elevated in excess amounts of govt debts. Everyone seemed to be ok with inflation under Biden, but when Trump basically says inflation is likely to go up with tariffs, AND the gov't is going to collect, the dems are freaking out. I thought dems love taking from the people and giving to the govt. Is that not what Trump is signaling?
Just wondering, if you think a sell off is coming, that will rebound, why tie up a % of your cash in long term bonds when you can buy the dip and possibly far outpace the bond yield? Isn't that what's happening with the sell off? Building that pile of cash to buy a dip that's easily blamed on Trump?
Target today said they are going to raise prices to offset tariffs,
who would have seen that coming? This is how tariffs work the end consumer the little guy pays the tabs for retaliatory tariffs, there is little purpose for broad tariffs as we are not really bringing jobs back with a blunt tool like this.
EGO driven economics.
The CONVICTED FELON believes he knows everything, and better than anyone else.
Target today said they are going to raise prices to offset tariffs,
who would have seen that coming? This is how tariffs work the end consumer the little guy pays the tabs for retaliatory tariffs, there is little purpose for broad tariffs as we are not really bringing jobs back with a blunt tool like this.
EGO driven economics.
The CONVICTED FELON believes he knows everything, and better than anyone else.
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