Trumpenomics

[Rich]

I've been so overwhelmed with work for so long, that personally, I'm fine. (my problem is getting the right help, but that's another thread) My business is quite small---just myself, a road tech, a couple moving assistants, and some occasional shop help.

Some of those that that are set up with multiple full-time people in restoration shops, have been noticing a long-term downward in major restoration work. Not a collapse---just a noticeable change .

[taiwan_girl]

“Inflation is back. No, think of it: Inflation’s back,” the president told Fox News’s Sean Hannity during an interview alongside tech billionaire Elon Musk that aired Tuesday night. “And they said, ‘Oh, Trump,’ and I had nothing to do with that.”

https://thehill.com/homenews/administration/5152657-donald-trump-rising-inflation-doge-tariffs-economy/

[Copper]

@taiwan_girl said in Trumpenomics:

“And they said, ‘Oh, Trump,’ and I had nothing to do with that.”

But, being the kind man that he is, he will fix it.

[taiwan_girl]

Finally got off being lazy and did put some data in a table.

Maybe every quarter would be good to update. (end March/June/Sept/Dec)

[jon-nyc]

[jon-nyc]

[jon-nyc]

“A difficult time to invest.”

• Citadel CEO Ken Griffin

“Everybody’s paralyzed.”

• ON Semiconductor CEO

“I’m sorry I can’t be particularly positive.”

• Franklin Templeton CEO

“The chaos that is reigning right now is causing everyone to sit on their hands.”

• Nasdaq private market CEO Tom Callahan

[Horace]

Yeah that checks out.

[Mik]

To be expected. The market likes certainty and stability. We have neither. Way too early to tell how all this shakes out.

[xenon]

I think there’s a conservative axiom that it’s a lot easier to break things than improve them.

We’ve got the breaking part going now, let’s see if the improve part will happen.

[jon-nyc]

@Mik

Agreed, and Trump will likely change course if the market shows disapproval. But I wonder how long that might take.

[jon-nyc]

Atlanta Fed now forecasting negative growth for the quarter.

[jon-nyc]

Let’s borrow more money from the Chinese and use it to become the Greater Fool of Last Resort for crypto.

What’s the worst that could happen?

[jon-nyc]

[jon-nyc]

He brought the price of stocks down. Maybe eggs and gas are next month.

[jon-nyc]

@jon-nyc said in Trumpenomics:

Let’s borrow more money from the Chinese and use it to become the Greater Fool of Last Resort for crypto.

[jon-nyc]

[jon-nyc]

Oh FFS.

[xenon]

Refuse to believe congress would allow that… even with the tips thing.

[jon-nyc]

Just what the people voted for. Higher prices.