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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by jon-nyc
    #1229

    Hasset being a little tone deaf. The general populace probably doesn’t interpret that message the same way his banker buddies do.

    There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

    1 Reply Last reply
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote on last edited by
      #1230

      stock market is en fuego. But I suppose that doesn't mean much to those doing all that credit card spending. Except on the off chance they are contributing to a retirement plan.

      Education is extremely important.

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by jon-nyc
        #1231

        I meet with Merrill (BofA) every quarter who, between credit cards and checking accounts, has a superb and early view of consumer behavior. One thing they’ve highlighted in recent meetings is that spending has been good but in large part it’s the top 10% of income earners picking up the slack for somewhat decreased purchasing power of the rest. Indeed that top 10% represent half of all consumer spending.

        There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

        1 Reply Last reply
        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #1232

          It's good to be the top 10%!

          1 Reply Last reply
          • taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #1233

            The latest quarterly Trump economic report. Couple of things which you may notice.

            • I changed the source of some of the information, so that I get all of it from official US government sources. I went back and re-did the numbers so that they all came from US government.
            • I am not sure a "strict" change in % vs. the end of President Biden term tells the whole story. Probably better to graph out the numbers to see trends etc., but I was too lazy to do that. LOL

            Screenshot 2026-05-07 at 8.31.49 PM.png

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #1234

              There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

              AxtremusA 1 Reply Last reply
              • jon-nycJ jon-nyc

                AxtremusA Offline
                AxtremusA Offline
                Axtremus
                wrote on last edited by
                #1235

                Hey @andrea-b , is there any shame in ☝ ?

                1 Reply Last reply
                • Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on last edited by
                  #1236

                  I wonder if Rachel Wiggins is hot. WTTT?

                  I was only joking

                  1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by
                    #1237

                    Wow.

                    30% of car buyers trading in vehicles in early 2026 are "underwater," owing more on their loans than the car is worth, with an average gap of over $7,000, per WSJ

                    There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

                    1 Reply Last reply
                    • 89th8 Offline
                      89th8 Offline
                      89th
                      wrote on last edited by
                      #1238

                      Do we have any AAA or BBB bonds leveraged against the mortgage car loan backed securities business?

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #1239

                        13% of credit card accounts are 90 days overdue.

                        There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote last edited by
                          #1240

                          IMG_2660.jpeg

                          There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

                          1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote last edited by
                            #1241

                            Interesting. No word yet on where the jobs are coming from (sector)

                            There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

                            1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote last edited by
                              #1242

                              If AI manages to create jobs in aggregate rather than destroy them, we are on the verge of a spectacular economy.

                              Education is extremely important.

                              1 Reply Last reply
                              • AxtremusA Offline
                                AxtremusA Offline
                                Axtremus
                                wrote last edited by
                                #1243

                                Link to video

                                The Wired article: https://www.wired.com/story/all-the-ways-europe-is-ditching-american-technology/

                                1 Reply Last reply
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote last edited by
                                  #1244

                                  This is great news Hopefully it comes with some sort of regulatory acceleration too.

                                  There will be no deal with Iran except UNCONDITIONAL SURRENDER. -DJT, 3/6/26

                                  1 Reply Last reply

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