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A Chinese official lashed out against the Trump administration on Tuesday, reportedly stating that the "peasants in the United States" will suffer from the trade war.

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  • Some quick thoughts on "Liberation Day," also known as "Liquidation Day." Obviously, these tariffs are way beyond anything the market expected. I think very little of Trump and the administration

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59 minutes ago, lynched1 said:

A Chinese official lashed out against the Trump administration on Tuesday, reportedly stating that the "peasants in the United States" will suffer from the trade war.

He’s not wrong, low wage earners will be hurt the most, by your hurt feelings.

11 trillion in assets, what do they know

Damn guys, the DOW is going to get to pass 40,000 again.

Powell is sounding the alarm and breaking news that tariffs are only generating 1/4 of intended revenue.

Yeah, markets don't like that...

1 minute ago, mayanh8 said:

Powell is sounding the alarm and breaking news that tariffs are only generating 1/4 of intended revenue.

Yeah, markets don't like that...

It's more that he is making clear that he isn't going to cut rates anytime soon because the tariffs will be inflationary. The Fed put is gone for now.

Saying inflation will take precedent over growth, which means market won't get bailed out

INTRADAY COMMENTARY

Apr 16, 2025 1:41:36 PM EST

Powell's words are somewhat hawkish/negative

Powell bottom line

The language is somewhat hawkish/negative in that Powell warns that tariffs are "significantly larger than anticipated” and will likely pressure growth and push inflation higher. While the Fed will monitor both sides of its mandate, Powell acknowledges the central bank could find itself in a situation where the two goals are in conflict and if that’s the case, he implies inflation may take precedent (he notes that the Fed’s "obligation is to keep longer-term inflation expectations well anchored”). Whatever happens, the Fed is sitting and waiting to see how things in Washington unfold and the effects it will all have on the economy.

The White House and Fed are on a collision course, and Greg Ip in the WSJ Wed morning wrote about how this conflict could become a major market event to the extent Trump attempts to remove Powell or any of his colleagues prior to their terms expiring.

What's the next level of inflation above "sky high"? Asking for a friend.

16 minutes ago, vikas83 said:

It's more that he is making clear that he isn't going to cut rates anytime soon because the tariffs will be inflationary. The Fed put is gone for now.

Dude just earned himself a one way ticket to El Salvador.

27 minutes ago, we_gotta_believe said:

What's the next level of inflation above "sky high"? Asking for a friend.

Whatever it is I sure as hell hope the market can keep up.

On 8/5/2024 at 1:26 PM, Kz! said:

:lol: 

On 8/5/2024 at 2:22 PM, Kz! said:

 

On 8/5/2024 at 3:15 PM, The_Omega said:

 

 

On 8/5/2024 at 4:30 PM, Kz! said:

 

God, I love these posts.

Down 700 pts today. The president is retarded.

Just now, Gannan said:

Down 700 pts today. The president is retarded.

Only 3 years and 9 months left roll

23 minutes ago, Paul852 said:

Only 3 years and 9 months left roll

Perhaps...

trump_eating_burger.jpg

3 minutes ago, Gannan said:

Perhaps...

trump_eating_burger.jpg

The man dodges actual bullets like he's Retarded Neo. If there was one person who embodied Forrest Gump's life it would be this a-hole. He'll be eating Big Macs and outlive us all.

1 hour ago, Paul852 said:

Only 3 years and 9 months left roll

unless...

5 hours ago, we_gotta_believe said:

What's the next level of inflation above "sky high"? Asking for a friend.

If your family has two cars maybe check the plates to make sure one is even and one is odd.

23 hours ago, Tnt4philly said:

He’s not wrong, low wage earners will be hurt the most, by your hurt feelings.

Sorry about your luck, peasant

40 minutes ago, Bill said:

If your family has two cars maybe check the plates to make sure one is even and one is odd.

That's dating yourself

3 hours ago, mayanh8 said:

Retarded Neo

roll

image.png

13 hours ago, lynched1 said:

That's dating yourself

sloth, you saying this, to anyone else, is ...........................

🤣

33 minutes ago, Mike030270 said:

winning !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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