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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • 89th8 Online
    89th8 Online
    89th
    wrote on last edited by
    #118

    I never try and time the market... but if the S&P dips down to like 5,000... I'll probably change some investments into "super aggressive growth" mode to ride the eventual rise.

    Keep in mind Biden saw a 60% increase in the S&P, and Trump 1st term also so a 60% increase. It hasn't been too bad over the last 5 years (see below) and has been great since 2010.

    image.png

    1 Reply Last reply
    • LuFins DadL LuFins Dad

      Nobody’s talking about gas.. I just filled up at $2.80 per gallon.

      N Offline
      N Offline
      NobodySock
      wrote on last edited by
      #119

      @LuFins-Dad said in Trumpenomics:

      Nobody’s talking about gas.. I just filled up at $2.80 per gallon.

      5 bucks a gallon for Premium with cash. 5.25 with credit. But our gas is really a gas. So clean since we tax the ugly bits out of it.

      N 2 Replies Last reply
      • N NobodySock

        @LuFins-Dad said in Trumpenomics:

        Nobody’s talking about gas.. I just filled up at $2.80 per gallon.

        5 bucks a gallon for Premium with cash. 5.25 with credit. But our gas is really a gas. So clean since we tax the ugly bits out of it.

        N Offline
        N Offline
        NobodySock
        wrote on last edited by
        #120
        This post is deleted!
        1 Reply Last reply
        • N NobodySock

          @LuFins-Dad said in Trumpenomics:

          Nobody’s talking about gas.. I just filled up at $2.80 per gallon.

          5 bucks a gallon for Premium with cash. 5.25 with credit. But our gas is really a gas. So clean since we tax the ugly bits out of it.

          N Offline
          N Offline
          NobodySock
          wrote on last edited by
          #121

          @NobodySock said in Trumpenomics:

          @LuFins-Dad said in Trumpenomics:

          Nobody’s talking about gas.. I just filled up at $2.80 per gallon.

          5 bucks a gallon for Premium with cash. 5.25 with credit. But our gas is really a gas. So clean since we tax the ugly bits out of it.

          bike.jpg

          My new main squeeze to get around the town. Yes, that is a battery that resides under my ass. There's another smaller one inside the Wallke. I just mounted the rear rack so that I can Costco without my guzzlers.

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #122

            Unfortunately Noah’s right about this.

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote on last edited by jon-nyc
              #123

              I love how the new GOP talking point is ‘the market was just too damn high under Biden. Trump’s fixing that now’.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • 89th8 Online
                89th8 Online
                89th
                wrote on last edited by
                #124

                LOL oh the things that can be said on Fox

                1 Reply Last reply
                • 89th8 Online
                  89th8 Online
                  89th
                  wrote on last edited by
                  #125

                  Reminds me of this:

                  https://www.reddit.com/r/familyguy/comments/164xjd5/in_too_good_of_shape/

                  1 Reply Last reply
                  • 89th8 Online
                    89th8 Online
                    89th
                    wrote on last edited by
                    #126

                    And then you have Secretary Nutlick... does he know how tariffs work? I tried finding the clip in context to see if there was more detail but I can't find it.

                    https://www.reddit.com/r/PublicFreakout/comments/1j8j1bv/us_commerce_grifter_secretary_howard_lutnick_puts/

                    RenaudaR 1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by
                      #127

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • 89th8 Online
                        89th8 Online
                        89th
                        wrote on last edited by
                        #128

                        At this point I'd love a powerpoint presentation to explain how this is all going to make America great again. Not even sarcastic... I am genuinely confused. If this is about protecting domestic production until it can replace the imports, the Trump/Nutlick team would be wise to read this summary (it's not political, btw...) especially Section II: https://www.reddit.com/r/Economics/wiki/faq_protectionism_and_development/#wiki_section_ii.3A_an_overview_of_the_infant_industry_argument

                        1 Reply Last reply
                        • taiwan_girlT Online
                          taiwan_girlT Online
                          taiwan_girl
                          wrote on last edited by taiwan_girl
                          #129

                          Pre-inaugeration
                          “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

                          Post Inaugeration
                          “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

                          “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

                          Now
                          “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

                          HoraceH 1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote on last edited by
                            #130

                            They want to end standardized testing.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • 89th8 89th

                              And then you have Secretary Nutlick... does he know how tariffs work? I tried finding the clip in context to see if there was more detail but I can't find it.

                              https://www.reddit.com/r/PublicFreakout/comments/1j8j1bv/us_commerce_grifter_secretary_howard_lutnick_puts/

                              RenaudaR Offline
                              RenaudaR Offline
                              Renauda
                              wrote on last edited by Renauda
                              #131

                              @89th

                              And then you have Secretary Nutlick...

                              Nutlick.

                              I’m stealing that. 😂

                              Elbows up!

                              1 Reply Last reply
                              • taiwan_girlT taiwan_girl

                                Pre-inaugeration
                                “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

                                Post Inaugeration
                                “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

                                “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

                                Now
                                “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #132

                                @taiwan_girl said in Trumpenomics:

                                Pre-inaugeration
                                “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

                                Post Inaugeration
                                “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

                                “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

                                Now
                                > “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

                                I'm not really sensing a plan with these tariffs that will pan out within Maga's timeline, which isn't quarters, but which certainly is 2 years or 4 years at most.

                                Education is extremely important.

                                1 Reply Last reply
                                • RenaudaR Offline
                                  RenaudaR Offline
                                  Renauda
                                  wrote on last edited by
                                  #133

                                  Governance by ADHD decree.

                                  Elbows up!

                                  1 Reply Last reply
                                  • 89th8 Online
                                    89th8 Online
                                    89th
                                    wrote on last edited by 89th
                                    #134

                                    "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                                    Of course she snips at the AP at the end of it.

                                    Around 56:45 -

                                    Link to video

                                    taiwan_girlT jon-nycJ 2 Replies Last reply
                                    • 89th8 Online
                                      89th8 Online
                                      89th
                                      wrote on last edited by
                                      #135

                                      Also, a bit ironic there is a "DOW Watch" visual on the screen watching markets tank as these policies are implemented.

                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on last edited by
                                        #136

                                        She should be banned from the White House press room. Didn’t they say they wouldn’t tolerate anyone spreading lies to the American people?

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #137

                                          The whole administration needs to provide a unified front that tariffs are actually a good idea, otherwise the negotiating tactic for better trade deals is toothless. I mean, that's the only way to look at it that makes any sense.

                                          Education is extremely important.

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