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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote last edited by
    #959

    Current popularity is 43% (by Gallop poll)

    Screenshot 2025-05-31 at 8.58.29 PM.png

    LuFins DadL 1 Reply Last reply
    • taiwan_girlT taiwan_girl

      Current popularity is 43% (by Gallop poll)

      Screenshot 2025-05-31 at 8.58.29 PM.png

      LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote last edited by
      #960

      @taiwan_girl said in Trumpenomics:

      Current popularity is 43% (by Gallop poll)

      Screenshot 2025-05-31 at 8.58.29 PM.png

      Here’s the aggregate….IMG_4215.png

      The Brad

      1 Reply Last reply
      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote last edited by
        #961

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote last edited by
          #962

          Turning us into a Banana Republic in more ways than one.

          IMG_5649.jpeg

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote last edited by
            #963

            The OECD lowers its global GDP growth projections for 2025 & 2026 due to Trump's tariffs:

            https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html

            Key figures
            
            3.1% 
              ⏷
            2.9%
            Revision to projected global GDP growth for 2025
            
            3.0%
              ⏷
            2.9%
            Revision to projected global GDP growth for 2026
            
            1 Reply Last reply
            • taiwan_girlT Offline
              taiwan_girlT Offline
              taiwan_girl
              wrote last edited by
              #964

              U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions.

              The Institute for Supply Management (ISM) survey on Monday showed all subcomponents of its manufacturing PMI below the 50 threshold for the first time since 2009. Some economists said this suggested a recession was around the corner, while others said much would depend on the services sector, whose PMI remains consistent with a growing economy.

              https://www.reuters.com/markets/us/us-manufacturing-sector-weakest-nearly-three-years-march-ism-2023-04-03/

              1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote last edited by
                #965

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • HoraceH Online
                  HoraceH Online
                  Horace
                  wrote last edited by
                  #966

                  I posted an interview with that guy shortly after Liberation Day. I liked him a lot.

                  Education is extremely important.

                  1 Reply Last reply
                  • jon-nycJ jon-nyc

                    China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
                    “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

                    taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote last edited by
                    #967

                    @jon-nyc said in Trumpenomics:

                    China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
                    “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

                    Seems like it is happening unfortunately

                    A group representing auto suppliers in the United States called on Wednesday for immediate action to address China's restricted exports of rare earths, minerals and magnets, warning the issue could quickly disrupt auto parts production.

                    and

                    https://www.reuters.com/business/autos-transportation/us-auto-suppliers-say-immediate-action-needed-china-rare-earths-restrictions-2025-06-05/

                    1 Reply Last reply
                    • LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote last edited by
                      #968

                      Gilead announced an $11B investment into new US manufacturing. Kraft is investing an additional $3 billion into new American manufacturing facilities. Carrier is investing $1 billion into a new factory, creating 4K jobs. The Dow is up roughly 3800 over last year. Not great, but not a disaster, either. It’s not all doom and gloom…

                      The Brad

                      1 Reply Last reply
                      • 89th8 Offline
                        89th8 Offline
                        89th
                        wrote last edited by
                        #969

                        Too lazy to check, but:

                        1. How do those investments compare to normal corporate manufacturing expenditures?
                        2. How often are these announced investments actually realized?
                        3. The DOW is up 8% since this time last year, but down 4% since Trump took over (was down 15% but has bounced back after a few TACO Tuesdays)
                        1 Reply Last reply
                        • LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote last edited by
                          #970

                          You fail to catch the point.

                          The Brad

                          1 Reply Last reply
                          • 89th8 Offline
                            89th8 Offline
                            89th
                            wrote last edited by
                            #971

                            Probably, I only read your last post and commented.

                            1 Reply Last reply
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