Walker88

1 minute ago, Harrisfan said:

Compared to the covid low most shares are up a lot.

Thanks to the glorious 4 years of Biden.

"This is the worst self-inflicted I've seen in the history of our country economically"

---Gene Sperling, former Chief of the National Economic Council

Obama inherited the 2008 Financial Crisis, and chose controversial steps to solve it, such as bailing out banks, insurers and the US auto industry

Biden inherited the mess of Covid, but took steps to mitigate it, and got the US growing 3 times faster than the average G7 nation, plus getting inflation down faster than any other major nation

This POTUS inherited a growing economy and vibrant job market, where all he has to do is sit on his hands and likely take credit for continued growth, but instead he interfered and is killing the equity market, economy, and likely worldwide economic growth. Never has a single person done so much harm in so short a period. Tens of millions will suffer as jobs get lost (it's coming; wait until the May-June job numbers), 401Ks get decimated, growth turns negative, and poor folks drop deeper into poverty.

6 minutes ago, spidermike007 said:

This has to be part of an intentional plan orchestrated by the deep state using Trump as a puppet. Trump simply cannot be as ignorant, or as stupid as he appears to be, it's just not possible. Nobody is that clueless. 

 

Folks, it would appear that they are intentionally trying to collapse the world economy, for what diabolical reason, that is entirely open to speculation. But no doubt Trump is a puppet in all this. 

 

 

Sometimes dumb is just dumb.

Occam's Razor.

So as the market lost $5 trillion over 2 days, POTUS chose to go cheat play golf, but he did take the time from his busy schedule to post this on his social media platform (in all caps):

"ONLY THE WEAK WILL FAIL"

Now THAT is leadership!

I'm kind of surprised he hasn't yet uttered the famous retail investor adage:

"You haven't lost if you haven't sold".

LOL

11 minutes ago, Stiddle Mump said:

Sorry mate, you are wrong.

 

A virus has NEVER been isolated, let alone shown to cause disease.

 

What are vaccines for? No virus = no need for vaccines.

Yes, we all know that disease comes from curses. Time for a real witch hunt!!!!!!

20 minutes ago, johng said:

Fake news  which you Trump haters continue to fall for hook line and sinker  !

You can watch the video, MAGA.

The willful ignorance of MAGAs is something to behold.

17 minutes ago, SunnyinBangrak said:

An easy example of when every single so called expert was wrong. Some honestly, most like the mighty 51 knew they were lying. No guesses which side of the debacle you were on. The episode will forever be used as an example of dishonest narratives by the holier-tha-thou, the evils of censorship and the hivemind ingoring real corruption go chase the shiny object of Trump corruption which never materialized.

Real corruption?

---Like stealing hundreds of highly classified documents and lying about returning them?

---Like falsely booking a pornstar payoff as a business expense?

---Like trying to overthrow an election?

---Like trying to get a GA SecState to falsify election results?

---Like calling your goobers to DC for what was merely a pro forma election certification, and then prompting them to attack the Capitol (unless you think he's such a moron 'how could he possible know they would be violent')?

---Like setting up a fake charity and using donations for yourself?

---Like setting up a fake "accredited" university?

The measly things on a laptop of the son of the President will fade into history as irrelevant and paltry in comparison to the fraud, corruption and criminality of 45 and 47.

9 minutes ago, IsaanT said:

 

I remember Black Monday.

 

Conversely, after such a hard fall this week, I wouldn't be surprised to see a few relatively quiet days next week, going slightly back up again.

 

If so, I expect many here to confidently proclaim something like 'a healthy correction has now been completed, and normal service has been resumed'.  Then, very shortly after, perhaps around the middle of the month, they'll be caught out as the new trend down resumes...

 

The majority of retail traders lose (71%, according to IG Index).  Reading some of the inane statements in this thread reminds me why.

 

 

 

If he isn't playing golf and cheating, POTUS will likely spout out a few lies like "You won't believe all the countries calling me begging for a deal. Nobody's ever seen anything like it. The whole world is going to boom because of me. SO much money. Unbelievable. Some people are saying I'm going to get the Nobel in Economics as well as the Peace Prize. Only me, your favorite President, can do this."

3 minutes ago, johng said:

Yet more dis-information from those "trusted media" sources.

Does it hurt delicate MAGA sensibilities when someone points out a fact?

As 45, POTUS suggested using disinfectant injections to cure Covid. It's on videotape, he wasn't joking, and some MAGAs actually listened to their messiah and did it.

Let me use one of POTUS' stock phrases to describe the carnage of his Administration in just 2.5 horrendous months:

"Nobody's ever seen anything like it".

43 minutes ago, frank83628 said:

Jeez, can the MSM be anymore obvious, none stop in attack mode.

 

Its like measels never happened until Jan

 

Lames stream Fake news media for the gullible.

In MAGAstan, FACTS = Attack

38 minutes ago, simple1 said:

 

<Deleted for brevity> The points you raised are nearly all based upon assumptions, not facts. US stock losses on day two now amount to six trillion US  dollars; ten year forecast for increased tax revenue  - i.e. tariffs - approx $1.5 trillion. MAGA - lol

Let's add....the IRS itself estimated that with all the DOGE staff cuts at IRS, tax revenues will fall by $500,000,000,000 per year, as people think they can cheat and get away with it. That's $5 trillion over ten years.

And the $6,000,000,000,000 in market losses is---let's not forget---just after Obliteration Day 2.

So...$1.5 trillion -$6 trillion - $5 trillion = MAGAboom

Come on, POTUS. It's the last hour of the market week. You want a 2000 point Dow drop?

Quick, make up some lie and get it out there. Say China called and wants to negotiate. Say Germany is going to build a factory "some people say will be the biggest ever". Tell us again it's going to boom, not go boom.

Give the market some hyperbole to chew on. Don't let it fade into the weekend on a low.

Find a deceased feline somewhere. Toss it down hard. It might bounce.

LOL

46 minutes ago, Sigmund said:

Plumetts yes, but nobody is talking of the millions many are spending to buy top stocks at bargain prices. Many will come out very rich from this. Trump and his team are pro's in business and they surely know more on how to play on the stock market then the handful of democrat liberal leftist wokes who are spending their days moaning against Trump. I don't specially like the man, but he knows how to make money.

Go back a hundred years. The stock market performs much better under Democrats.

So does the economy.

There has never been a single Republican President, going back to Lincoln, who did not preside over the start of a Recession or Depression. Not even one.

The current clown will keep that deplorable string alive.

On 4/3/2025 at 12:00 PM, Celsius said:

it always recovers after pre market

Oooh, that comment didn't age well.

1 hour ago, Cryingdick said:

 

Last time I checked I didn't need the trust of the people bending me over and sticking it in dry.

I suspect that's all the action you get, so don't offend.

The US economy has been going gangbusters since 2021, until now. That has been in spite of the growing debt, because foreigners had chosen to fund 30% of it and allow America to live above its means. MAGAs are incapable of understanding capital flows, and are susceptible to the sayings of an abject idiot, a guy who failed his entire life, despite his dad's money, until a producer made him a Game Show Host.

Not a good idea to alienate one's paymasters. The clown has done that now.

If the US has to pay its own way in the world, what do you think rates would be? How much growth? Rates are set on the margin. 30% is much more than the margin. Rates would soar, or the Fed would have to print 24/7, causing inflation.

On 4/3/2025 at 6:33 AM, mikeymike100 said:

President Trump is doing what he said he would do, it shouldn't be a big surprise.

What will probably happen is the relevant countries will negotiate some kind of deal that will benefit both parties.

Actually, the clown is doing exactly what I said he would do....crash the stock market and the economy, and alienate our allies.

The US has lost the world's trust for a generation or more.

If the US was hit by another 9-11 right now, the best we would get from friends and allies is "thoughts and prayers", along with lots of laughter.