9 minutes ago, Paul852 said:

Two days ago he wanted a year to have to admit he was wrong. The DOW finally starts green and he's ready to declare victory. 

"But the bodycam video showed a black woman getting arrested for eating a cat!"

25 minutes ago, Diehardfan said:

Yep. Because it will recover. Sorry the epic crash won't happen. You'll move on to something else soon. 

It will only recover if he backs off tariffs.  Otherwise it’s going down much further 

14 minutes ago, we_gotta_believe said:

"But the bodycam video showed a black woman getting arrested for eating a cat!"

What colour was the cat?

It's important.

The stock market will be the least of our concerns if/ when companies start laying off tons of people because no one can afford the products we build, package, distribute, assemble, etc, here in the US. 

6 minutes ago, barho said:

It will only recover if he backs off tariffs.  Otherwise it’s going down much further 

The market reacts to uncertainty. They don't have to be removed just settle in to where things may go. I'm guessing this is just a reaction to a few deals being worked out. Contrary to popular believe I don't think he handles everything perfectly. Sometimes he goes out there further than he should and sometimes it's negotiation. Hopefully, it's negotiation, but if he really is going after deficits then yeah...back down.

5 minutes ago, Diehardfan said:

The market reacts to uncertainty. They don't have to be removed just settle in to where things may go. I'm guessing this is just a reaction to a few deals being worked out. Contrary to popular believe I don't think he handles everything perfectly. Sometimes he goes out there further than he should and sometimes it's negotiation. Hopefully, it's negotiation, but if he really is going after deficits then yeah...back down.

A negotiation for what? He’s a moron who’s business sense is I’m marketing a real estate. It’s quite obvious he doesn’t know sheet about manufacturing. Whether you like it or not, we have a global economy, and that will be destroyed if he doesn’t back off the tariffs sooner than later. 

Somebody should tell Trump we have a goods inflow surplus with China. Then he can declare the trade war won and we can get on with things.

 

20 minutes ago, Tnt4philly said:

The stock market will be the least of our concerns if/ when companies start laying off tons of people because no one can afford the products we build, package, distribute, assemble, etc, here in the US. 

Oh it'll be an absolute disaster but I prefer to wait 2 years before you tell me I'm wrong.

Ron Vara really needs to go for this to end. His insistence on zero trade balances is one of the dumbest things in history. So long as Trump is listening to him and Lutnick, this is going to get worse.

 

5 minutes ago, vikas83 said:

Ron Vara really needs to go for this to end. His insistence on zero trade balances is one of the dumbest things in history. So long as Trump is listening to him and Lutnick, this is going to get worse.

 

Was it Sowell that said something to the effect that at the heart of every economic catastrophe lies a Harvard economics degree?

Well...great

*WH PRESS SEC. LEAVITT: 104% ADDITIONAL TARIFFS WENT INTO EFFECT AT NOON EASTERN TIME BECAUSE CHINA HAS NOT REMOVED IT'S RETALIATION, THE 104% ADDITIONAL TARIFF WILL BE COLLECTED STARTING TOMORROW APRIL 9TH.

Just now, vikas83 said:

Well...great

*WH PRESS SEC. LEAVITT: 104% ADDITIONAL TARIFFS WENT INTO EFFECT AT NOON EASTERN TIME BECAUSE CHINA HAS NOT REMOVED IT'S RETALIATION, THE 104% ADDITIONAL TARIFF WILL BE COLLECTED STARTING TOMORROW APRIL 9TH.

Congress needs to reign him in but they won't.

6 minutes ago, BBE said:

Was it Sowell that said something to the effect that at the heart of every economic catastrophe lies a Harvard economics degree?

I mean, to be fair, Navarro is out on an island here. There's not a single reputable economist who agrees with him that trade deficits are by definition bad and mean the USA is losing. 

This reverts back to Trump's own infantile world view. He sees everything as a zero sum game, and he can't comprehend that transactions can be mutually beneficial.

9 minutes ago, BBE said:

Was it Sowell that said something to the effect that at the heart of every economic catastrophe lies a Harvard economics degree?

You're thinking of Walter Wi...

no.

Not doing that today.

1 hour ago, Diehardfan said:

WGB tries to own people. Nobody sane thinks they can own anybody online. 

An yes to the first. If you sold you are an idiot. 

i'm not talking about anyone on here. 

a lot of those who lost are retirees, but hey, we should tell them to stop being poosies, right? 

3 minutes ago, vikas83 said:

Well...great

*WH PRESS SEC. LEAVITT: 104% ADDITIONAL TARIFFS WENT INTO EFFECT AT NOON EASTERN TIME BECAUSE CHINA HAS NOT REMOVED IT'S RETALIATION, THE 104% ADDITIONAL TARIFF WILL BE COLLECTED STARTING TOMORROW APRIL 9TH.

 

Like a child who just stamps his feet and screams louder to get what he wants.

27 minutes ago, JohnSnowsHair said:

... surplus ...

but say that with a Chinese accent

In fighting begins

 

 

Looking at my 401k

4 minutes ago, Mike030270 said:

Looking at my 401k

"Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!”

I work for applications for customs and border protection (imports) so I see this 💩 every time he has a hissy fit 

17 minutes ago, DaEagles4Life said:

In fighting begins

 

 

Musk and Trump's bromance has its first public dispute.

I recently rolled over a small profit sharing a prior company gave me years ago into my current employer's 401k plan.  I have an email where I could log in BUT I just can't do it!!!!!!

Young son paper statement shows -4.54% for 1st qtr before most of this madness started.