Replies: 25
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Ultimate Tiger [38875]
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If anyone still thinks the market crash is organic and was inevitable,
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Apr 7, 2025, 10:40 AM
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Check out what just happened after open. At 945 a rumor spreads about a 90 day tariff pause. SPY goes -5% to +2% in about 20 minutes. White House is then forced to say that rumor isn’t true, didn’t come from them. Boom, straight back down.
This is how starved investors are for any relief from the tariff madness. Even a Twitter rumor causes a 7% swing.
If you’re looking at unrealized losses in your portfolio, or you are having to get out, just remember there is one person and one person only to blame for this instability. All Trump has to do is come out and say, alright, we got what we wanted, tariffs are off, markets will skyrocket.
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Valley Legend [12667]
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In my hopeful opinion...
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Apr 7, 2025, 10:59 AM
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This is a short term (3-6 month) issue. The news last night noted that over 50 countries are actively negotiating with the US on tariffs.
I also saw on BBC America that Australia is now fearing having billions in cheap Chinese #### dumped on them since the US will likely consume less. They are now thinking of doing the same thing we're doing.
Other than this sucking short term (and the idiotic way they are being applied) this appears to be doing what it needs to do and leveling the playing field.
If other countries want to #### us on tariffs, we can reciprocate. Otherwise, drop yours and we'll drop ours.
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Ultimate Tiger [34896]
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Makes you wonder if someone leaked that story from the WH to show...
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Apr 7, 2025, 11:02 AM
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Trump what the impact of a pause could do for the markets.
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Ultimate Tiger [38875]
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Re: Makes you wonder if someone leaked that story from the WH to show...
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Apr 7, 2025, 11:10 AM
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7 point S&P swing on fake news, US equities are like a sportsbook with Don in charge. Eventually he’ll fold on this nonsense, I just hope his ego allows it to be sooner rather than later.
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Clemson Icon [24825]
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Re: Makes you wonder if someone leaked that story from the WH to show...
Apr 7, 2025, 11:16 AM
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What was the news?
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Ultimate Tiger [38875]
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Re: Makes you wonder if someone leaked that story from the WH to show...
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Apr 7, 2025, 11:28 AM
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Comments from Kevin Hassett yesterday started getting circulated suggesting a possible 90 day tariff pause. The White House tweeted within half an hour that this was not actually happening.
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Paw Warrior [4753]
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It's always a good sign when people start asking the president if...
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Apr 7, 2025, 11:19 AM
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...he's intentionally trying to crash the market.
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All-Time Great [90466]
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Has anyone asked during the briefings if he is crashing the economy on purpose?
Apr 7, 2025, 11:31 AM
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This srsly seems like a fair question.
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Paw Warrior [4753]
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All-Time Great [90466]
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He doesn't know or even understand what he is doing.
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Apr 7, 2025, 11:35 AM
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That pretty much confirms it.
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TigerNet Champion [120929]
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Re: He doesn't know or even understand what he is doing.
Apr 7, 2025, 3:10 PM
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that was last night, he basically said "we have to take our medicine"
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TigerNet Champion [120929]
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Re: He doesn't know or even understand what he is doing.
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Apr 7, 2025, 3:11 PM
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then spent the rest of the interview talking about how he won his golf tournament. He is completely demented.
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Game Day Hero [4267]
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Re: He doesn't know or even understand what he is doing.
Apr 7, 2025, 4:35 PM
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You’re saying HE is demented? You serious Clark?!?! We had a demented President the last four years. And- he is going to be p!&$ed when he realizes he is no longer President.
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All-Time Great [90466]
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What's that got to do with today? Or Trump's incompetence?***
Apr 7, 2025, 4:43 PM
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TigerNet Champion [120929]
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Paw Warrior [4853]
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Game Changer [1906]
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Valley Legend [12667]
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We have $9.2 Trillion of debt that gets refinanced this year...
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Apr 7, 2025, 11:42 AM
[ in reply to It's always a good sign when people start asking the president if... ] |
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If the markets tank, the bond market gets driven down as people flood it for a 'safe' place to park money.
If bonds are cheaper, we refi our debt at a lower rate.
We have a debt problem. Fixing it isn't going to be easy or fun.
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Ring of Honor [22048]
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So accepting the market crash & wealth loss? Whats the bright side of recessio?
Apr 7, 2025, 7:34 PM
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If debt the problem, Trump and MAGA should balance their budgets as a first step.
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TigerNet Champion [120929]
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Re: If anyone still thinks the market crash is organic and was inevitable,
Apr 7, 2025, 3:09 PM
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Wish I bothered to look at the markets at open, it would have been easy pickings this morning. Bold Prediction, Sell-off starts around 3:30 cause nobody wants to get left hold the bag into after hours after the last 2 markets close. Rinse and repeat tomorrow, with each low pushing below the last, despite intra-day rallies.
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Clemson Sports Icon [52193]
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Lulz. Orange man saw a little green and though "absolutely ####### not"***
Apr 7, 2025, 5:22 PM
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CU Medallion [18930]
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Better than even odds Trump had something to do with those rumors***
Apr 7, 2025, 5:49 PM
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TigerNet Champion [120929]
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Re: Better than even odds Trump had something to do with those rumors***
Apr 7, 2025, 5:52 PM
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I think it was a random twitter post, and the white house quickly shot it down, but not necessarily disagreeing either.
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CU Medallion [18930]
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It seems like something Trump/Circle would do to pump/dump the market...
Apr 7, 2025, 7:18 PM
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like with his and Melania's bitcoin. It also fits with the idea that the only reasoning that makes sense for what Trump is doing with the Tariffs is for it to make him money, because there's no other logical reason for doing it.
But, I'm sure there are hundreds of people looking into the activities of Trump, his companies/family members and those around him to see if they're profiting from this, so if that's what's happening, we'll hear about it.
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Top TigerNet [31312]
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Re: If anyone still thinks the market crash is organic and was inevitable,
Apr 7, 2025, 11:32 PM
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Stock broker's really benefited from that rumor didn't they.
Gee...wonder who could be behind that?
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Orange Blooded [2439]
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Re: If anyone still thinks the market crash is organic and was inevitable,
Apr 7, 2025, 11:50 PM
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Ya’ll give trump way too much credit.
He has average intelligence. He’s not dumb but he’s not smart. Middle of the road.
All of us have a long list of friends and business associates that would be a better president than Donald Trump, but the average person in the United States is smart enough to not get involved in presidential politics.
But that doesn’t mean Donald Trump is any smarter than the folks in your life.
Trump is a narcissist with average intelligence.
Don’t expect much stability or common sense coming from the White House for the rest of his administration.
Gonna be chaos.
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Replies: 25
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