Trumpenomics

[Horace]

Yeah that checks out.

[Mik]

To be expected. The market likes certainty and stability. We have neither. Way too early to tell how all this shakes out.

[xenon]

I think there’s a conservative axiom that it’s a lot easier to break things than improve them.

We’ve got the breaking part going now, let’s see if the improve part will happen.

[jon-nyc]

@Mik

Agreed, and Trump will likely change course if the market shows disapproval. But I wonder how long that might take.

[jon-nyc]

Atlanta Fed now forecasting negative growth for the quarter.

[jon-nyc]

Let’s borrow more money from the Chinese and use it to become the Greater Fool of Last Resort for crypto.

What’s the worst that could happen?

[jon-nyc]

[jon-nyc]

He brought the price of stocks down. Maybe eggs and gas are next month.

[jon-nyc]

@jon-nyc said in Trumpenomics:

Let’s borrow more money from the Chinese and use it to become the Greater Fool of Last Resort for crypto.

[jon-nyc]

[jon-nyc]

Oh FFS.

[xenon]

Refuse to believe congress would allow that… even with the tips thing.

[jon-nyc]

Just what the people voted for. Higher prices.

[Doctor Phibes]

I know Trump is a genius and everything, but has he actually thought any of this through?

[jon-nyc]

We've gone from:
"Vote Trump to end Bidenflation and bring down prices," to
"Ok, Trump will raise prices even higher, but that's the price of loyalty to our dear leader."

[jon-nyc]

S&P now wiped out all post election gains. 3.4T in value

[89th]

Lovely

[Renauda]

It’s ushering in the new age marked by the introduction of Anarcho-MAGAt-Syndicalism Anarcho-MAGAt-Extortionism in the form of fraudulent trade and investment policies coupled with punitive economic sanctions targeting friends and allies on a global scale.

All in all, a very myopic and extremely stupid attempt to deceive the market and come out ahead.

[Doctor Phibes]

@jon-nyc said in Trumpenomics:

S&P now wiped out all post election gains. 3.4T in value

Maybe Trump will sue Wall Street for being disloyal.

[jon-nyc]

Or libel.