Markets Rebound as US and China agree to slash tariffs for 90 days

[ThreeCardMonte]

1 hour ago, kimothai said:

Markets go down - lefties complain 

Markets go up - lefties complain

When people complain, no matter what, they just become (as per Fetterman) a car alarm that nobody pays attention to. 

Good analysis!

[Presnock]

54 minutes ago, TedG said:

 

Do you know that the lower end also had a tax cut?   The increased standard deduction was helpful for them along with the changes in the 12 and 22% brackets?  

Yes, and you can safely bet that all of them were able to use those few dollars that they didn't have to pay to the tax man where as the rich people are not really hampered by and tax savings while they go about their spending.  a totally different game for the poor and not so well off.  Just like Trump learning about a possible recession - IF one does occur then it will not affect him nor the other rich people as they will still have money to spend wildly if desired but the lower paid people may be out of a job as their small business might be forced to close or even some big businesses are having problems too and while they are talking, nothing has been put in writing as to finished details of a new trade agreement - exactly like that with the UK, they claimed to have settled but then said it would be months probably before the finall writiten agreement was done and signed by both countries.

[ThreeCardMonte]

2 hours ago, ThreeCardMonte said:

I hope the leftists sold AT THE BOTTOM.

Edit:  As they were panicking from the short term effects of Trump’s tariffs doomsday predictions.

 

Their history of predicting versus the results of what actually happens is not something to be bragging about.

 

 

[TedG]

6 minutes ago, Presnock said:

Yes, and you can safely bet that all of them were able to use those few dollars that they didn't have to pay to the tax man where as the rich people are not really hampered by and tax savings while they go about their spending.  a totally different game for the poor and not so well off.  Just like Trump learning about a possible recession - IF one does occur then it will not affect him nor the other rich people as they will still have money to spend wildly if desired but the lower paid people may be out of a job as their small business might be forced to close or even some big businesses are having problems too and while they are talking, nothing has been put in writing as to finished details of a new trade agreement - exactly like that with the UK, they claimed to have settled but then said it would be months probably before the finall writiten agreement was done and signed by both countries.

 

You need to stop arguing for the sake of it. 

[BLMFem]

3 hours ago, ThreeCardMonte said:

The Art of the Dear!

Seems more like "Oh Dear!" to me.

[BLMFem]

3 hours ago, johnnybangkok said:

Oh my god, what a shocking retort. Not sure how I'm going to come back from that. 

 

 

Indeed, you must feel totally burned! Or at least properly toasted. Surely you must feel singed. At the very least you must have felt a waft of hot air, yes?

[Paul Henry]

Yagoda,People won't finish up with egg on their face eggs are too expensive.Claims he will drop drug prices by 90% same as he said about eggs.Another gross exaggeration by the words consumate liar in chief.Not even Trump knows why he lies and exaggerates so much.It really must be an illness.

[candide]

4 hours ago, kimothai said:

Markets go down - lefties complain 

Markets go up - lefties complain

When people complain, no matter what, they just become (as per Fetterman) a car alarm that nobody pays attention to. 

Markets go down - Trump blames Biden

Markets go up - Trump congratulates himself! 🤣

[kimothai]

4 hours ago, johnnybangkok said:

Markets go down - MAGA's ok as Trump has a plan 

Markets go up - MAGA's gloat it was all part of the 'big plan' even though it's still worse than what it was before Trump got involved.

 

When people can't even see that all is happening is he is creating the problem to then ride in on a white steed to proclaim he's solved the problem (and one more time for the hard of comprehension - the problem HE started) whilst still not actually solving the problem (remember it was supposed to be about trade deficits and re-shoring jobs) then I think you economically illiterate fans should start listening to ANYONE who is rightly complaining. 

The problem, as I see it, is the only people complaining is the left in the first place.  Most people understand that the work that Trump is doing takes time.  The USA economy didn't get into the current mess overnight and it's not going to be fixed overnight.  China has already made agreements (albeit only 90 days) so that's a great win, but time will tell.  It's not just the stock (which as of yesterday is now surpassed the April 2 level) that I am talking about.  It's every single thing that Trump does (and I don't think a list is required) the left is adamantly complaining.  It's like the old saying of "crying wolf", after a while nobody pays any attention and worse, they just laugh about the complaining.

[kimothai]

44 minutes ago, candide said:

Markets go down - Trump blames Biden

Markets go up - Trump congratulates himself! 🤣

LOL S**t!  Now I have to go turn off my car alarm.

[Lacessit]

21 hours ago, bubblegum said:

US stock market reacts like a damsel in distress. Give it a day or 2 and the market will again realize Trump did not win a thing. And down they go again.

 

I agree. I sold out today at a profit, and will wait for the market to tank again. IMO trump is so erratic there are bound to be more falls in sound shares.

[candide]

1 hour ago, kimothai said:

The problem, as I see it, is the only people complaining is the left in the first place.  Most people understand that the work that Trump is doing takes time.  The USA economy didn't get into the current mess overnight and it's not going to be fixed overnight.  China has already made agreements (albeit only 90 days) so that's a great win, but time will tell.  It's not just the stock (which as of yesterday is now surpassed the April 2 level) that I am talking about.  It's every single thing that Trump does (and I don't think a list is required) the left is adamantly complaining.  It's like the old saying of "crying wolf", after a while nobody pays any attention and worse, they just laugh about the complaining.

Suuure! In the MAGA alternate universe nobody pays any attention to Trump messing up the economy, and they are just laughing! 🤣

https://www.realclearpolling.com/polls/approval/donald-trump/issues/economy