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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Online
    jon-nycJ Online
    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 Online
          jon-nycJ Online
          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 Online
                jon-nycJ Online
                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 Online
                  89th8 Online
                  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 Online
                    jon-nycJ Online
                    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 Online
                      jon-nycJ Online
                      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 Online
                        jon-nycJ Online
                        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

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