Stocks, dollar slide as Trump's attacks on Fed shake markets

[Harrisfan]

1 hour ago, Lacessit said:

Then the fall in US tourism of 20% by Europeans since Trump took power is short-term too? About $64 billion worth.

I don't care

[beautifulthailand99]

When this storm finally subsides he will have destroyed the American economy -  oh what a circus. Trump bankruptcies include Trump Taj Mahal (1991), Trump Plaza Hotel and Casino (1992), Plaza Hotel (1992), Trump Castle Hotel and Casino (1992), Trump Hotels and Casino Resorts (2004), Trump Entertainment Resorts (2009) and by the end of this year, the Wall Street Casino.

 

Private institutions, including banks and pension funds, sold $17.5bn of long-dated foreign bonds in the week to April 4 and another $3.6bn over the next seven days, according to preliminary data from Japan’s Ministry of Finance.
Japan holds $1.1tn in US Treasuries across the public and private sectors — the biggest international stockpile in the world — so its transactions are closely monitored and considered a proxy for buying or selling of US government debt.
The recent sell-off marks one of the biggest outflows over any two-week period since records began in 2005.

 

https://archive.ph/0p5JX

[TheAppletons]

1 hour ago, GroveHillWanderer said:

20% drop from Europe, 75% from Canada and 23% from Mexico. So much winning.

 

US, Canada flight bookings fall 75%, domestic tourism slows — how to plan trips as Trump hits travel demand

 

https://finance.yahoo.com/news/us-canada-flight-bookings-fall-104400058.html

 

  If Trump is winning, then it must not be a sexual abuse case we're talking about.

[BLMFem]

20 minutes ago, Harrisfan said:

I don't care

So you applaud when something Trump does has a positive impact on the economy (hypothetically, of course), but when it has a negative impact (as we have seen non-stop for the last months) you don't care.😂

Yep, definitively part of the cult.

[BLMFem]

WSJ: The Fire Jerome Powell Market Rout

https://archive.ph/XTrTi#selection-2631.0-2635.391

 

If the White House wanted a test of how firing Jerome Powell would go over in the markets, it succeeded on Monday. U.S. stocks and the dollar plunged while yields on long-term Treasurys climbed after President Trump renewed his attacks on the Federal Reserve Chairman.
Monday was the first full trading day for markets to absorb National Economic Council director Kevin Hassett’s comments Friday that the White House is studying if Mr. Powell can legally be fired. On Monday Mr. Trump demanded again that Mr. Powell make “pre-emptive” interest rate cuts to avoid a slowdown. Cue the meltdown in stocks, bonds and the dollar, a trifecta of declining confidence.

[Harrisfan]

54 minutes ago, BLMFem said:

So you applaud when something Trump does has a positive impact on the economy (hypothetically, of course), but when it has a negative impact (as we have seen non-stop for the last months) you don't care.😂

Yep, definitively part of the cult.

You are in the hating cult. I care more about Khao Soi. You haters need help.

[beautifulthailand99]

Historic Winning !

https://archive.li/RZ8Rb

 

The mood on Wall Street is darkening as a result. Bearishness levels—or expectations that stock prices will fall—among ordinary investors have hovered above 50% for eight consecutive weeks, according to a weekly survey from the American Association of Individual Investors. That is the longest-lasting bear majority on record, the investor group said, based on data going back to 1987.

[Walker88]

1 hour ago, Harrisfan said:

You are in the hating cult. I care more about Khao Soi. You haters need help.

You are entitled to your opinion, no matter how wrong it is.

 

Some people might think that the person who needs help is the one who has posted 6100 posts in two months of his 6th iteration on an obscure Forum site.

[Harrisfan]

1 minute ago, Walker88 said:

You are entitled to your opinion, no matter how wrong it is.

 

Some people might think that the person who needs help is the one who has posted 6100 posts in two months of his 6th iteration on an obscure Forum site.

You're a sad old man who is in a hate cult. Go get help.

[Harrisfan]

1 hour ago, beautifulthailand99 said:

Historic Winning !

https://archive.li/RZ8Rb

 

The mood on Wall Street is darkening as a result. Bearishness levels—or expectations that stock prices will fall—among ordinary investors have hovered above 50% for eight consecutive weeks, according to a weekly survey from the American Association of Individual Investors. That is the longest-lasting bear majority on record, the investor group said, based on data going back to 1987.

Worst April? GFC lasted 17 months. The market fell about 50%.

[bunnydrops]

1 hour ago, Harrisfan said:

You are in the hating cult. I care more about Khao Soi. You haters need help.

That reminds me. I haven't watched 

Dr. Strangelove or: How I Learned to Stop Worrying and Love the Bomb in quite a while.

[Cryingdick]

Look momma! The stock market is up again. Another dumb stock thread. The only people that lost anything are the losers forced to sell. This has been some of the most predictable buy the dip sell the rip conditions I have seen since COVID. 

[Harrisfan]

2 minutes ago, Cryingdick said:

Look momma! The stock market is up again. Another dumb stock thread. The only people that lost anything are the losers forced to sell. This has been some of the most predictable buy the dip sell the rip conditions I have seen since COVID. 

Yep what I said. These lefties are just haters. Everyday same crap.

[3NUMBAS]

Trump is building a trump tower in Moscow says Putin his mate 

[placeholder]

3 minutes ago, Cryingdick said:

Look momma! The stock market is up again. Another dumb stock thread. The only people that lost anything are the losers forced to sell. This has been some of the most predictable buy the dip sell the rip conditions I have seen since COVID. 

But what you haven't noted is actually a far more important indication of investor sentiment concerning the US. Of course, I'm referring to bonds. Usually when people sell their stocks, they'll park the cash in T-bills. Now they're fleeing to other countries bonds. That's because there's increasingly less confidence in how the US is being governed as far as economics go . Which means that the interest rates offered on new T-bills have to rise. Which ends up increasing the rate of US indebtedness.

[still kicking]

17 hours ago, Cryingdick said:

Only rich people have pensions. I am being sarcastic. When Biden was in charge the mantra was only rich people own stocks. They are a bit scitzo that way. Let's remember the other mantra that the stock market isn't driven by the president. Stock threads are always the most indicative of partisan stupidity.

We're not talking about rich people, we're talking about poor workers who have no choice but to get the Superannuation taken out of their wages and save for retirement.

[Harrisfan]

7 minutes ago, placeholder said:

But what you haven't noted is actually a far more important indication of investor sentiment concerning the US. Of course, I'm referring to bonds. Usually when people sell their stocks, they'll park the cash in T-bills. Now they're fleeing to other countries bonds. That's because there's increasingly less confidence in how the US is being governed as far as economics go . Which means that the interest rates offered on new T-bills have to rise. Which ends up increasing the rate of US indebtedness.

They went up under Biden 

 

https://ycharts.com/indicators/3_month_t_bill

[placeholder]

8 minutes ago, Harrisfan said:

They went up under Biden 

 

https://ycharts.com/indicators/3_month_t_bill

That rise was to be expected because of inflation. But when investors would rather cash out and put their funds into foreign funds rather than in T-bills, that's a vote of a lack of confidence.

[Harrisfan]

2 minutes ago, placeholder said:

That rise was to be expected because of inflation. But when investors would rather cash out and put their funds into foreign funds rather than in T-bills, that's a vote of a lack of confidence.

Yes Biden inflation 

[Harrisfan]

27 minutes ago, 3NUMBAS said:

Trump is building a trump tower in Moscow says Putin his mate 

And what are you doing?

[Cryingdick]

42 minutes ago, placeholder said:

But what you haven't noted is actually a far more important indication of investor sentiment concerning the US. Of course, I'm referring to bonds. Usually when people sell their stocks, they'll park the cash in T-bills. Now they're fleeing to other countries bonds. That's because there's increasingly less confidence in how the US is being governed as far as economics go . Which means that the interest rates offered on new T-bills have to rise. Which ends up increasing the rate of US indebtedness.

 

None of that matters. I just take advantage of short term volatility. This has been a very good month for me.

[placeholder]

3 minutes ago, Cryingdick said:

 

None of that matters. I just take advantage of short term volatility. This has been a very good month for me.

I hadn't realized that the economic health of the United States was determined by how good a month cryingdick had. Thanks for setting me straight.

[Harrisfan]

4 minutes ago, placeholder said:

I hadn't realized that the economic health of the United States was determined by how good a month cryingdick had. Thanks for setting me straight.

Well it's not determined by Trump hating trolls either.

[BLMFem]

17 hours ago, Harrisfan said:

You're a sad old man who is in a hate cult. Go get help.

And what are you, Susan?