Europa

“But I would say this, we have a situation which I believe the stock market goes up because I’m leading. I think if I wasn’t leading, the stock market would be 25% lower. And I think frankly, if I didn’t win, I think the stock market would crash, I believe.”--Donald Trump during a Fox News town hall in Iowa in January of 2024* 

*Benzinga

“Japan down 12%, India down 6%. Germany way down also. U.S. really bad. This is a preview of the world markets without Donald J. Trump in the White House. None of this happens if Trump is in....*

*x.com (8-5-2024)

Well, governing isn't quite the same or as easy as political campaign literature. Once Trump blamed market's sharp on Biden/Harris administration in last August, where is he now? 

Trump's promise isn't the thing that we should trust at, he often flips in a heartbeat. Look at the recent stock market tumble before or after his "Liberation Day", his tariffs debacle is hurting his core supporters big time, not looking great.   

@fubah2

Unlike those Trump's billionaire inner circle who do not understand or neglect the essence of many federal assistant title programs for millions of Americans. At least Steve Bannon has the sense that Medicaid is so crucial to mid to low income MAGAs.

As to Trump's billionaire inner circle, do they care gutting six or nine hundred dollars from Supplemental Security Income (SSI) or Social Security retirement benefit monthly checks? For instance, gutting six or nine hundred dollars to those Trump's billionaire inner circle appears to be not even a drop in the bucket. But it's a real big deal for many people who receive SSI or retiree who solely relies on a $1,900 monthly check from Social Security retirement benefit month by month.       

Yet, Trump is seriously seeking for a third term.

Not quite, Fubah, Stephen Miller blames Biden on the Fox News earlier today. 

Market tumbles they blame Biden, eggs price going up they blame Biden, App Signalgate scandal they blame Biden administration, they blame Biden for 'getting mess with Russia'....

As if Biden still sits in the Oval Office today, Trump and his team are just making a super easy scapegoat out of president Biden for their mess, chaos and bad polices created in the last 50+ days.

@KellyM_1964

Biden seems the greatest reliever to Trump, when things went massy and chaotic. Just blame them to Biden, easy and simple.

Oh, Donny is enjoying his golf outing today. Fooore. 

@fubah2

This will happen since there is lack of guardrail to the executive branch.  

Federal Reserve Chairman Jerome Powell agrees tariffs will raise inflation. He will stick to serve his full term, and once said after been asked if Trump can fire him? 

“Not permitted under the law,"--Jerome Powell

Gas prices might start to go down from here, but it's not because of help from Trump's tariffs. To the opposite, when our economy is slowing down due to tariffs or trade wars, the demand of gasoline will come down accordingly. Recession will keep consumers staying home longer and spending less. It's ain't beautiful.

Ditto. 

It's the number I have seen from media, a really bad number. 

JP Morgan:risk of US economy going to recession has increased to 60%.

Dang. 

Winning by charging 10% tariffs on penguins' poop, brilliant. 

@fubah2

Doesn't look good. 

Treasury Secretary Scott Bessent warned other countries not to retaliate to Trump's tariffs. Seriously?

‘I call it termination day’: Ontario premier Doug Ford*

*Youtube

Last night from Wisconsin's elections show sign of cracking from two months of Trump and Musk. It seems like it will crack even further.

Trump's tariffs will hurt everyone, including Americans. This could escalate to trade wars between U.S. and other countries which in the end there will be no winners, every countries will lose.   

Encouraging signs that more people are voting for their basic necessities, welfare, and wallets rather than for ideology and political bias. 

“Medicaid, you gotta be careful, because a lot of MAGAs are on Medicaid, I’m telling you. If you don’t think so, you are dead wrong.”--Steve Bannon

Many MAGAs and seniors in the nursing homes are protected by the Medicaid, you just don't gut $880 billion from the Medicaid and use that "savings" to offset $4.5 trillion tax cut for the super rich Americans*.

*WBUR

@KellyM_1964

Dan County judge Susan Crawford flipped ten Wisconsin counties which Trump won in last November. 

I guess, it's a clear referendum on Elon Musk and Donald Trump's two months at the White House. 

US Gasoline Price Futures

Gas price future was $2.1087 (USD/Gal) on 1-20-25 when Trump took the Office, today it's trading at $2.33/gal.