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Everything posted by placeholder
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Just can't help making those irrelevant personal attacks can you?
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What do over here is just a whole lot of hot air but no explanations of what you understand it to me. What I understand it to mean is that the Fed is getting concerned about the economy going into a recession. It's an especially striking move given that they still aren't satisfied with the inflation rate. What it isn't is positive news about the state of the economy unlike what you apparently believe. You offered the possible t-build declines as a contradiction to what the markets are saying. Quite the contrary, actually.
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Well he's showing why tax increases work. High tariffs arr taxes that are just a particularly inept way to raise revenue for the government . ..
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Clearly, you haven't thought about why the Fed might be dropping the rate on TV bills.
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You don't think just possibly that it might have something to do with this? Traders betting Fed will cut rates at least 4 times this year to bail out economy Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump’s tariffs could tip the U.S. into a recession. Odds of five quarter-point reductions coming this year jumped to 37.9%, up from 18.3% one day prior, according to data from the CME Group on Friday morning. That would put the federal funds rate at 3.00% to 3.25%, down from 4.25% to 4.50% where it has been since December. Markets are also pricing in a roughly 32% chance the federal funds rate will fall to 3.25% to 3.50%, which would mean four quarter-point cuts from the Fed https://www.cnbc.com/2025/04/04/traders-betting-fed-will-cut-rates-at-least-4-times-this-year-to-bail-out-economy.html
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"He can also pardon himself if need be like Biden." ??????????????
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Billionaire Elon Musk and president Donald Trump's long, balmy honeymoon may finally be coming to a close. Over the weekend, Musk lashed out at the architect of Trump's catastrophic tariff policy, which has ravaged international markets and stoked fears of an imminent recession. In a tweet, Musk took aim at Trump's advisor on trade and manufacturing, Peter Navarro — a proxy for Trump himself, who continues to stand for his draconian tariffs even as the stock market slides precipitously. https://futurism.com/elon-musk-rages-against-donald-trump-tariffs Any bets on whether Musk lasts 130 days?
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You think so? China Threatens to Retaliate Against Trump’s Latest Tariff Warning China is threatening to retaliate further against the U.S. if President Trump carries out his threat to raise the tariff on Chinese goods by an additional 50%. A statement from the Ministry of Commerce on Tuesday said that if the U.S. escalates tariffs, “China will resolutely take countermeasures to safeguard its own rights and interests.” Previously China announced a blanket 34% tariff on American goods, matching the level of Trump’s April 2 tariff on Chinese imports. https://archive.ph/figNW You know what America has that China doesn't? Electoral opposition.
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"Today, vaccine coverage is widespread enough that unvaccinated children can easily live to adulthood without ever encountering the virus, but not uniformly high enough to prevent outbreaks altogether. Vaccinated adults can get occasional breakthrough cases, but the illness tends to be much milder. Unvaccinated adults, however, are a uniquely vulnerable group, because measles only becomes nastier and deadlier with age." https://archive.ph/x2Cn4#selection-817.256-821.124
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The Trump administration believes it has the legal authority to abduct any individual—citizen or immigrant, documented or not—and illegally deport them to another country without due process. It further claims that it can extinguish all of that person’s constitutional rights by imprisoning them in a foreign nation. And it asserts that once that person has been locked away abroad, the U.S. government has no power or responsibility to bring them home, even if they were indisputably deported in error https://archive.ph/761pv
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Wake up! It's the 21st century.China leads the world in lots of technologies. "China’s global lead extends to 37 out of 44 technologies that ASPI is now tracking, covering a range of crucial technology fields spanning defence, space, robotics, energy, the environment, biotechnology, artificial intelligence (AI), advanced materials and key quantum technology areas.1 The Critical Technology Tracker shows that, for some technologies, all of the world’s top 10 leading research institutions are based in China and are collectively generating nine times more high-impact research papers than the second-ranked country (most often the US). Notably, the Chinese Academy of Sciences ranks highly (and often first or second) across many of the 44 technologies included in the Critical Technology Tracker." https://www.aspi.org.au/report/critical-technology-tracker
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I understand he's looking at the trade imbalance. But he claims that tariffs are responsible for the trade imbalance and all that he's engaged in is reciprocity. "Trade imbalances between two countries can emerge for many reasons that have nothing to do with protectionism. Americans spend more on clothing made in Sri Lanka than Sri Lankans spend on American pharmaceuticals and gas turbines. So what? That pattern reflects differences in natural resources, comparative advantage and development levels." https://archive.ph/Sv7cv
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It's funny. I thought that the s&p 500 would crater after that announcement but so far it's gone up a bit. Maybe it's the Hungry Joe phememon. The character in Catch-22 who spent his life in fear of the raising of how many missions he would have to fly before he got to go back to the States. But when the number was raised, he was happy because no more stressful anticipation? Probably not a great explanation.
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President Trump threatened Monday to hit China with an additional 50% tariff if Beijing doesn’t lower its 34% retaliatory tariff on the US by Tuesday. “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump posted on Truth Social. “Additionally, all talks with China concerning their requested meetings with us will be terminated! https://nypost.com/2025/04/07/world-news/trump-threatens-china-with-additional-50-tariff-if-beijing-doesnt-scrap-its-retaliation/ I'm betting that China won't fold.