We can debate the legality of Trump’s approach to the Fed chair all day long, but at the same time recognize that it’s stupid for Powell to hold out much longer. His effectiveness is undoubtedly hindered by Trump’s approach, whether for right or for wrong. For the good of the nation, Powell should step down. Hopefully, he will soon, because he’s a loser big!
Those are stories reporting on guidance directly from management at those companies. That really shouldn't be needed anyway to know that there will be impact to company profits - it's simple common sense. Almost every major corporation has a global footprint and supply chain. It's naivety or wishful thinking to believe otherwise.
oh yeah, cuz that's how markets work. they just process data.....jeez. & I suspect you also think people who short the mkt make above avg returns too.
Well just sell yours too if you don’t think this market is going to pop once the shorts are out and the trade deals are made. There are shorts who have made fortunes in the last month from the media pummeling Trump on this.
What data are you talking about? Got a link? Is your contention that there is some observable data that one could use to construct a better price than the mkt determined 1? Why would markets exist if that were true? this may help....why are Picassos auctioned off & $100 bills aren't?
"Trade Deals are made." Substantive trade deals take years to negotiate. They are thousands of pages of carefully chosen language and numbers across literally hundreds to thousands of different product categories, including tons of interest groups on both sides. What you are talking about it stupid stuff to save face: "Hey, the US now gets to send twice as many bananas to Japan before the anti-dumping statutes take effect, even though we never even vaguely approached the last barrier." I suspect that is the end game here. But the collateral damage is hardly going to be minor, which is why the markets have remained lower, even though most people expect that Trump will cave and get this stupid stuff. BTW, can you find an example of a positive economy quickly arising out of a policy change that caused the bond yields to climb, the currency to fall, and the equity markets to fall?
You understand 99% of Americans have no clue what you mean when you tell them they should be shorting things. Nor do they have the time or money to do it. So this is just an absurd positive spin on Trump crashing the market. Congrats if you make money off it. But that isn't doing anything for the country.
Earnings outlooks from reporting companies this morning discussed on radio. Do not have links. Combinations of lower negotiated prices from overseas suppliers, increased internal cost reductions, increased output from other sources, and very low marginal decrease in EBIT were the main focus. 3M was one of the companies discussed so here is a link for that; https://www.marketwatch.com/story/3...5-earnings-by-up-to-40-cents-a-share-25a2b58e
You may be right but that 99% is not the crowd here. I’d be willing to bet that 99% here know exactly what I’m talking about and half of those won’t acknowledge it so they can keep this a political debate
So if I can short the market to make money but 99% of the country can't and is losing their savings/retirement (if they even have any) I should just be happy I'm doing okay?
But, for that to be true the mkt would have to be inefficient. There is no shorting (or any other)strategy that works consistently in an eff. mkt.
. What are you talking about. Their market price moved up today based on information released today. Yesterday’s market price was lower and did not reflect todays guidance.
So, now your arg is that the mkt price does reflect all info. So, things are correctly priced. On this thread & a very recent 1 you suggest that the market has mispriced assets. For that to be true, there would have to be another way to determine prices other than a mkt.
Still down 12.1% from it's high in Feb of 2025 even after the big jump in price today....and that's the big success story. Down 12% due to poorly rolled out and haphazard tariffs, and they were only able to limit the damage because of what I'm sure was a monumental effort to minimize, but not eliminate, the impact of tariffs. So much wasted productivity around the world the past two months from companies trying to understand the impact of tariffs, trying to guess if they'll stay in place or not, and then put a plan in place in case they do. If it was a democrat who did this, you'd be screaming bloody murder, and you know it. If this was Biden or another democrat, I'd still call this what it is - a complete disaster. Oh - and here's another company negatively impacted from the tariffs, again, just from today. Halliburton warns of tariff impact, lower North America oilfield activity Halliburton on Tuesday warned of a second-quarter earnings impact from tariffs and lower oilfield activity in North America as producers evaluate drilling and completions at weak oil prices, sending shares of the oilfield service producer down about 6%.