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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • R Offline
    R Offline
    Renauda
    wrote 21 days ago last edited by
    #916

    Edan should be thanking Copper. Profusely thanking Copper.

    Elbows up!

    1 Reply Last reply
    • J Offline
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      jon-nyc
      wrote 21 days ago last edited by
      #917

      And the Indians and Pakistanis that are suffering from radiation burns from the nuclear conflict they experienced should thank him too. VP Shillbilly and Copper. Both of them.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      1 Reply Last reply
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        Doctor Phibes
        wrote 21 days ago last edited by
        #918

        OMG HE STOPPED FENTANYL!

        HE WON THE WAR ON DRUGS.

        I was only joking

        1 Reply Last reply
        • J Offline
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          jon-nyc
          wrote 21 days ago last edited by
          #919

          This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

          They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          H 1 Reply Last reply 21 days ago
          • J jon-nyc
            21 days ago

            This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

            They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

            H Offline
            H Offline
            Horace
            wrote 21 days ago last edited by
            #920

            No reason to be cautious, with all those factory jobs coming. I'd be spending like a drunken sailor. Like a drunken sailor who was about to get a sweet factory job.

            Education is extremely important.

            1 Reply Last reply
            • J Offline
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              jon-nyc
              wrote 21 days ago last edited by
              #921

              I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              A 1 Reply Last reply 20 days ago
              • A Offline
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                Axtremus
                wrote 20 days ago last edited by
                #922

                It's unprecedented! It's historical!

                https://www.washingtonpost.com/business/2025/05/14/trump-tariffs-china-trade/

                Since the inauguration on Jan. 20, Trump administration officials have announced new or revised tariff policies more than 50 times, according to a tally by The Washington Post. (A separate tally by Reed Smith, a law firm, has found about 55 such actions.) Trump has issued more than a dozen tariff-related executive orders, or about one per week ..:

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                • J jon-nyc
                  21 days ago

                  I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                  A Offline
                  A Offline
                  Axtremus
                  wrote 20 days ago last edited by
                  #923

                  @jon-nyc said in Trumpenomics:

                  I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                  Common men fear for the future and tighten belts right away; higher income people say let's buy more and stock up before tariffs get real?

                  1 Reply Last reply
                  • J Offline
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                    jon-nyc
                    wrote 20 days ago last edited by jon-nyc
                    #924

                    Sure, but that assumes the common man and the higher income folks both have similar intuitions that tariffs are going to harm them economically in the immediate future.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • 8 Offline
                      8 Offline
                      89th
                      wrote 19 days ago last edited by
                      #925

                      Link to video

                      1 Reply Last reply
                      • J Offline
                        J Offline
                        jon-nyc
                        wrote 19 days ago last edited by jon-nyc
                        #926

                        That’s a lot of emergencies.

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • 8 Offline
                          8 Offline
                          89th
                          wrote 19 days ago last edited by
                          #927

                          image.png

                          1 Reply Last reply
                          • J Offline
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                            jon-nyc
                            wrote 18 days ago last edited by
                            #928

                            Corporate greed strikes again.

                            IMG_5176.jpeg

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
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                              L Offline
                              LuFins Dad
                              wrote 18 days ago last edited by
                              #929

                              Yeah, cause margins don’t exist. Remember when the Republicans were yelling at Biden for blaming inflation on greedy Jewish grocers?

                              The Brad

                              1 Reply Last reply
                              • J Offline
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                                jon-nyc
                                wrote 18 days ago last edited by
                                #930

                                You either die a tariff hawk, or live long enough to embrace greedflation.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • A Offline
                                  A Offline
                                  Axtremus
                                  wrote 18 days ago last edited by
                                  #931

                                  Has Bernie responded?

                                  1 Reply Last reply
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote 18 days ago last edited by jon-nyc
                                    #932

                                    I’m sure he’ll be hypocritical too.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • J Offline
                                      J Offline
                                      jon-nyc
                                      wrote 18 days ago last edited by
                                      #933

                                      Cliff Asness comments:

                                      I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      H 1 Reply Last reply 17 days ago
                                      • J jon-nyc
                                        18 days ago

                                        Cliff Asness comments:

                                        I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

                                        H Offline
                                        H Offline
                                        Horace
                                        wrote 17 days ago last edited by
                                        #934

                                        @jon-nyc said in Trumpenomics:

                                        Cliff Asness comments:

                                        I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

                                        Yep.

                                        At least Trump will make pro capitalism noises though.

                                        Education is extremely important.

                                        A 1 Reply Last reply 17 days ago
                                        • H Horace
                                          17 days ago

                                          @jon-nyc said in Trumpenomics:

                                          Cliff Asness comments:

                                          I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

                                          Yep.

                                          At least Trump will make pro capitalism noises though.

                                          A Offline
                                          A Offline
                                          Axtremus
                                          wrote 17 days ago last edited by
                                          #935

                                          @Horace said in Trumpenomics:

                                          @jon-nyc said in Trumpenomics:

                                          Cliff Asness comments:

                                          I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

                                          Yep.

                                          At least Trump will make pro capitalism noises though.

                                          Perhaps along with also more ICE raids at Walmart locations?

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                                          16 May 2025, 04:11


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