Economist magazine sounds alarm about new market 'convulsions'

[Mike_Hunt]

5 minutes ago, placeholder said:

"began to ease" So they didn't vanish? And what about supply chains?

GDP took a hit in Q1 and Q2 2020, but it recovered in Q3 and Q4 2020. In Q4 2021, growth was 7.1%, but it went negative in Q1 2022. Exapin that. 

 

 

[beautifulthailand99]

https://archive.ph/B7XJq

 

Both sides’ tariffs are causing deep economic harm; they may also raise the risk of a military showdown. A more promising route for America was to marshal its allies into a free-trade bloc large enough to force China to change its trade practices as the price of admission. This was the strategy behind the Trans-Pacific Partnership, a trade deal that Mr Trump binned in his first term. Scott Bessent, the treasury secretary, talks of doing a trade deal with allies and approaching China “as a group”. But now that it has bullied its allies and reneged on its past deals, America will find they are less willing to co-operate.
Such is the short-sightedness of Mr Trump’s reckless agenda. In a mere ten days the president has ended the old certainties that underpinned the world economy, replacing them with extraordinary levels of volatility and confusion. Some of the chaos may have abated for now. But it will take a very long time to rebuild what has been lost.

[blaze master]

26 minutes ago, Mike_Hunt said:

COVID started in 2020, and the lockdowns began to ease in 2022.    

 

Didn't trump have fairly good numbers before covid ? 

[placeholder]

1 minute ago, Mike_Hunt said:

GDP took a hit in Q1 and Q2 2020, but it recovered in Q3 and Q4 2020. In Q4 2021, growth was 7.1%, but it went negative in Q1 2022. Exapin that. 

 

 

I'm pretty sure you're posting a graph of GDP growth (And I've noticed that it's overwhlemingly right wingers who don't seem to understand the importance of posting links.) So naturally those early post covid figures look strong. They're being compared to a low baseline.  Here's a graph of actual GDP

https://fred.stlouisfed.org/series/GDPC1

The decline for those 2 quarters was miniscule. Just how miniscule you can see for yourselfif you go to the website. And what you don't mention, what Trumpists never mention, is how strong the US recovery was compared to most other fully developed economies including all the major ones.

[Mike_Hunt]

4 minutes ago, placeholder said:

I'm pretty sure you're posting a graph of GDP growth (And I've noticed that it's overwhlemingly right wingers who don't seem to understand the importance of posting links.) So naturally those early post covid figures look strong. They're being compared to a low baseline.  Here's a graph of actual GDP

https://fred.stlouisfed.org/series/GDPC1

The decline for those 2 quarters was miniscule. Just how miniscule you can see for yourselfif you go to the website. And what you don't mention, what Trumpists never mention, is how strong the US recovery was compared to most other fully developed economies including all the major ones.

 

Is my graph wrong? 

[Mike_Hunt]

11 minutes ago, blaze master said:

 

Didn't trump have fairly good numbers before covid ? 

Yes....

[placeholder]

Just now, Mike_Hunt said:

 

Is my graph wrong? 

I don't think so. But since you managed not to provide links or even labels I can't be 100% sure. But for the sake of argument, I'll concede it's correct. This was 2 very small declines. What do you think that proves. And it was extensively reported on at the time. What's your point?

[Mike_Hunt]

4 minutes ago, placeholder said:

I don't think so. But since you managed not to provide links or even labels I can't be 100% sure. But for the sake of argument, I'll concede it's correct. This was 2 very small declines. What do you think that proves. And it was extensively reported on at the time. What's your point?

 

And??

[placeholder]

Just now, Mike_Hunt said:

 

And??

What significance do you attach to those 2 very small declines?

[frank83628]

29 minutes ago, placeholder said:

That's true. Stock markets do rise and fall. And sometimes they fall really sharply. But what was different this time is that bond prices declined. Virtually always when the stock market crashes investor who cash out run to T-bills or similar US financial instruments. This time they fled them too and instead bought bonds from Japan. In other words, they had lost faith in US financial management.

 

[billd766]

2 hours ago, bunnydrops said:

OK, here you go

 

https://www.instagram.com/reel/DIHkxpUz2dI/

 

No one ignored it!

Instagram is a verifiable news reporting source?

[Walker88]

Back in November I said POTUS47 would cause a 20% drop in the market. Cult members here gave it the thumbs down, but of course that's their sycophancy evidencing itself.

 

I kind of thought it would take him until summer to be that bad, but he is such a "overachiever" he's way ahead of schedule. He might even do a 40% drop in his first year. If anyone can eff things up that much, it's him.

 

I still think Biden's last full month (Dec 2024) represents a generational high similar to 1929 US (until 1954) and 1989 Japan (until 2024).

 

I saw POTUS boast about egg prices two days ago. I guess he doesn't eat eggs, because here's reality:

 

https://finance.yahoo.com/news/egg-prices-continue-increase-despite-124116007.html

 

Record high egg prices.

 

Groceries, groceries, groceries....what was that rant about? The guy is losing it.

 

Oh, and yesterday was little more than a dead cat bounce. If he could keep his flapper shut for a day, there might be a little more recovery and a chance to leg out of positions, but he won't.

 

Mr Flip Flop...the market is getting sick of it.  I also wouldn't get hopes up on a trade deal. The Us-Canada-Mexican deal in term 1 took 2 years to put together, and the trade rep called that "breakneck speed". How long is it going to take to do 184 trade deals?

 

POTUS is going to cave again if the market resumes its tanking.

[Dcheech]

Markets have been dropping again across the board. Less than 24 hours after the 90 day wait period inspired rally of yesterday.  🫤

[still kicking]

2 hours ago, Lacessit said:

I see, you are so much better qualified to comment on economics than a publication which was founded in 1843. Media does not last that long without a solid basis.

 

Do you have any facts to bring to the thread, smart guy?

He only buys Prayut treasury bonds

[RayC]

2 hours ago, frank83628 said:

I don't care, and not breaking the rules by asking, One thing is for sure, you are not American , which means your nonstop threads have zero credibility.

As for the overlords, yes i'm sure you are trigger happy with the report button, just like a few others here.

Anyway, I am going to open my laptop and put you on ignore, if you were American I'd continue calling you out, but your comments & threads are pointless and boring, Id even suggest you are either paid or perhaps a mod in disguise, either way... laters you sad old man. You and w88 are history. 

 

What has a poster's nationality got to do with anything?

[Captain Flack]

Yet another troll post removed.

 

@frank83628discuss the topic and drop the obsession with someone’s nationality, which is irrelevant.

 

Yes you are breaking the rules, so take this as a final warning and expect further action if you continue.

Rule 31. You will not publicly discuss other members or post any member's personal information.

[steven100]

9 hours ago, Lacessit said:

I see, you are so much better qualified to comment on economics than a publication which was founded in 1843. Media does not last that long without a solid basis.

 

Do you have any facts to bring to the thread, smart guy?

 

my bad.  The topic is ok and Bannork is ok.  

[steven100]

7 hours ago, still kicking said:

He only buys Prayut treasury bonds

yes, if I could,   do you want some?

[BLMFem]

15 hours ago, frank83628 said:

Yes, and Reuters was the gold standard before the internet, butbnow people can cross reference what they're told... and the propaganda can be exposed, I don't expect you to understand that, or even want to, you profile speaks volumes, did you get paid by Soros, or his son who has taken over his legacy.

 

Bleat bleat goes the BPM sheep

Projecting much, "Frank"? Cause we all know who's the one that's getting paid, AND by whom.

[metisdead]

Posts using derogatory and toxic nicknames or intentional misspelling of people’s names will be removed. If you don’t want your post to be removed, spell people’s names correctly, this applies to both sides of the political debate.

[BLMFem]

15 hours ago, frank83628 said:

 

Why are you reposting the exact same image someone else has posted before you?

[tomazbodner]

He admitted insider trading and manipulation...

 

 

See, that's the problem when someone has big mouth and small br... erm... hands.