Trump starts a global monetary war. Trump is losing that war as anyone with an economics degree predicted. Trump blames the independent branch of the Fed. Trumpeteers believe him. This is so emblematic of Trumpeteering. Rinse. Lather. Repeat.
Republicans spent 4 years screaming about inflation, now they are like ... yeah lets do more inflationary policy
Then we can congratulate him for the same accomplishment as we do the ACC football champion. The best of the bad!
Sigh at the name calling. Acting like immature children. Might not agree with everything JPow has done, but he appears to be placing country over party, which is what we need more of.
Better than what we have now which is the equivalent of Georgia getting a new coach and immediately going 0-12 with the same roster.
Who do we trust: A Princeton graduate with both a law degree and ~ 45 years of financial experience, including stints as under-Secretary of the Treasury and 13 years as a member of the Board of Governors of the Federal Reserve. or An idiot, who blew through a personal fortune, as well as bankrupted SIX different business ventures, knows less about how to run a successful business than the average McDonald's franchisee and is very, very likely suffering severely diminished capacity of an intellect that was barely better than the average chimpanzee to begin with?? Hm, tough choice here. Knowledge of finance vs knowledge of ripened bananas.
Hard disagree. Rule Q states an initial post "must contain original comment from the person starting the thread." My topic name would count as an original comment, where I declare "Cut the rates loser Powell!"
Then please liquidate your stock portfolio so I can buy shares cheap. The market drop has been driven by short selling and media panic. Earnings guidance released so far this week is not supporting the sell off. Tariffs are not, so far showing much impact on guidance and that is even based on where they are today, which is much higher than they will be. There should be very good money to be made in this market particularly as trade deals get signed over the next few weeks. I’m sure this will fall on deaf ears for those who put politics and “gotchas” ahead of making money.
Articles from just TODAY: Halliburton warns of tariff impact, lower North America oilfield activity; shares plunge RTX Shares Drop on Potential $850 Million Hit from Trump Tariffs 3M Beats Earnings Estimates and Quantifies Tariff Headwind GE Aerospace leans on cost controls, price hikes to shield earnings from tariffs
It is weird how quickly you went from a bear in a massive bull market (during a Democratic Administration) to a bull in a massive bear market (during a Republican Administration). With nothing to do with politics, of course.