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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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2 hours ago, pisceschica said:

Yep. He ran on broad consumption taxes, which disproportionately impact middle and lower income households. That's on top of the divergence we usually get during a period of economic recovery like we had with covid. So nobody should really be surprised by the rapid acceleration of a K-shaped economy we're seeing now, Fox News viewers especially. We tried to warn Trump voters of lesser means that this was gonna happen, but they were too fixated on deporting brown people to care.

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A major U.S. steelmaker is looking to help kickstart domestic production of rare earth minerals amid China's move to block access amid its trade dispute with the Trump administration.

Cleveland-Cliffs, a steelmaker headquartered in Ohio, announced the rare earths plan on the company's quarterly earnings call on Monday.

Isn't even a consideration without the tariff strategy.

Merck on Monday announced the groundbreaking of its new Virginia pharmaceutical manufacturing facility, a cornerstone of the company’s $70 billion U.S. investment strategy.

The 400,000-square-foot site in Elkton, Virginia, is expected to create 500 full-time positions once operational and generate roughly 8,000 construction jobs during development.

33 minutes ago, lynched1 said:

Merck on Monday announced the groundbreaking of its new Virginia pharmaceutical manufacturing facility, a cornerstone of the company’s $70 billion U.S. investment strategy.

The 400,000-square-foot site in Elkton, Virginia, is expected to create 500 full-time positions once operational and generate roughly 8,000 construction jobs during development.

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Just now, we_gotta_believe said:

a9osjh.jpg

Im not a fan of big pharma at all. I even divested the free stocks.

But if your gonna buy it, it may as well be from here.

Just now, lynched1 said:

Im not a fan of big pharma at all. I even divested the free stocks.

But if your gonna buy it, it may as well be from here.

roll

51 minutes ago, lynched1 said:

Merck on Monday announced the groundbreaking of its new Virginia pharmaceutical manufacturing facility, a cornerstone of the company’s $70 billion U.S. investment strategy.

The 400,000-square-foot site in Elkton, Virginia, is expected to create 500 full-time positions once operational and generate roughly 8,000 construction jobs during development.

Cool. Thanks to Biden for being president when it was approved

If they're breaking ground now it was planned under Biden.

They'll posture like it's a Trump thing because that's how you handle this president.

4 minutes ago, JohnSnowsHair said:

If they're breaking ground now it was planned under Biden.

They'll posture like it's a Trump thing because that's how you handle this president.

Of course his pen did......

Relax. They're only making an announcement.

Reuters
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Merck to pour over $70 billion into US expansion

Merck said on Monday it is expanding its investments in the U.S. to more than $70 billion, as the drugmaker looks to scale up its manufacturing and research footprint in the country.

Reuters
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Global drugmakers rush to boost US presence as tariff thr...

Global drugmakers are rushing to boost U.S. manufacturing and inventory as the Trump administration weighs a 100% tariff on imported branded and patented drugs.

Here’s what I could find on this.

1 hour ago, RPeeteRules said:
Reuters
No image preview

Merck to pour over $70 billion into US expansion

Merck said on Monday it is expanding its investments in the U.S. to more than $70 billion, as the drugmaker looks to scale up its manufacturing and research footprint in the country.

Reuters
No image preview

Global drugmakers rush to boost US presence as tariff thr...

Global drugmakers are rushing to boost U.S. manufacturing and inventory as the Trump administration weighs a 100% tariff on imported branded and patented drugs.

Here’s what I could find on this.

Old news. Existing facility expansion. This is from 2016

https://www.whsv.com
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Merck to expand Elkton manufacturing operation

Governor McAuliffe announced a $168 million investment in Rockingham County on Tuesday.
31 minutes ago, barho said:

Old news. Existing facility expansion. This is from 2016

https://www.whsv.com
No image preview

Merck to expand Elkton manufacturing operation

Governor McAuliffe announced a $168 million investment in Rockingham County on Tuesday.

So it’s new news. They’ve been there for a while, but this expansion is not part of the 2016 expansion.

yeah, more big pharma !!!

Trump's economy.

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Should have let TJ have a crack at him....

2 hours ago, lynched1 said:

Should have let TJ have a crack at him....

Due to Walmart promotions. The price of turkey is up 40% this year. Crazy how a massive corporation can take a hit on some things to help forward a false narrative isn’t it?

3 hours ago, lynched1 said:

Should have let TJ have a crack at him....

CEOs speak only to the street

Would be against his interests to say anything that would negatively impact consumer spending

Dont worry in the long run you morons will

Own the stagflation era. Lets just hope its not a japan-esque lost generation

2 hours ago, ToastJenkins said:

Dont worry in the long run you morons will

Own the stagflation era. Lets just hope its not a japan-esque lost generation

I spent most of my life preparing for bad. We're good.

At our increasing debt level "bad" was built in back in '72.

3 minutes ago, lynched1 said:

We're good

You're really not though.

8 minutes ago, we_gotta_believe said:

You're really not though.

If you say so.

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