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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • J Offline
    J Offline
    jon-nyc
    wrote on 9 Apr 2025, 14:12 last edited by
    #585

    Ackmam shares some emails he’s getting from small businesses he invests in.

    "You never know what worse luck your bad luck has saved you from."
    -Cormac McCarthy

    1 Reply Last reply
    • J Offline
      J Offline
      jon-nyc
      wrote on 9 Apr 2025, 14:28 last edited by
      #586

      China announces 84% additional tariffs on US. And orders its banks to reduce treasury holdings.

      We have several trillion of debt that needs to be rolled over by June and interest rates are rising.

      Normally when stocks drops bonds go up - “flight to safety”. We’re losing that thanks to one crazy man.

      Summers called this the first ever iatrogenic financial crisis.

      "You never know what worse luck your bad luck has saved you from."
      -Cormac McCarthy

      1 Reply Last reply
      • J Jolly
        9 Apr 2025, 13:34

        @Doctor-Phibes said in Trumpenomics:

        @LuFins-Dad said in Trumpenomics:

        The comments are disturbing.

        I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

        At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

        H Offline
        H Offline
        Horace
        wrote on 9 Apr 2025, 14:35 last edited by
        #587

        @Jolly said in Trumpenomics:

        @Doctor-Phibes said in Trumpenomics:

        @LuFins-Dad said in Trumpenomics:

        The comments are disturbing.

        I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

        At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

        Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

        Education is extremely important.

        D J 2 Replies Last reply 9 Apr 2025, 14:44
        • H Horace
          9 Apr 2025, 14:35

          @Jolly said in Trumpenomics:

          @Doctor-Phibes said in Trumpenomics:

          @LuFins-Dad said in Trumpenomics:

          The comments are disturbing.

          I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

          At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

          Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

          D Offline
          D Offline
          Doctor Phibes
          wrote on 9 Apr 2025, 14:44 last edited by Doctor Phibes 4 Sept 2025, 14:50
          #588

          @Horace said in Trumpenomics:

          @Jolly said in Trumpenomics:

          @Doctor-Phibes said in Trumpenomics:

          @LuFins-Dad said in Trumpenomics:

          The comments are disturbing.

          I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

          At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

          Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

          I thought Kennedy did a very good job of appearing to flatter Trump whilst telling him to pull his finger out of his ass.

          Say Jolly, I said something positive about a politician!

          I was only joking

          1 Reply Last reply
          • J Offline
            J Offline
            jon-nyc
            wrote on 9 Apr 2025, 15:02 last edited by jon-nyc 4 Sept 2025, 15:03
            #589

            Looks like people stopped building factories. American machine tool company sees dramatic drop in demand.

            IMG_4066.jpeg

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • H Horace
              9 Apr 2025, 14:35

              @Jolly said in Trumpenomics:

              @Doctor-Phibes said in Trumpenomics:

              @LuFins-Dad said in Trumpenomics:

              The comments are disturbing.

              I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

              At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

              Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

              J Offline
              J Offline
              Jolly
              wrote on 9 Apr 2025, 15:40 last edited by
              #590

              @Horace said in Trumpenomics:

              @Jolly said in Trumpenomics:

              @Doctor-Phibes said in Trumpenomics:

              @LuFins-Dad said in Trumpenomics:

              The comments are disturbing.

              I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

              At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

              Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

              Kennedy may be right. I don't know. As I've said, I think I have an idea of where Trump wants to go.

              But, I do get tired of banal comments masquerading as wit, trashing any and all politicians. Politicians are like lawyers, they are a necessary evil. And like a lot of lawyers, they are ego driven...I understand that. But any time you have more than three people in a room, politics comes into play. When you're dealing with more people, you have more politics. Without some people who are good at the game, nothing can be accomplished.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              D 1 Reply Last reply 9 Apr 2025, 17:31
              • R Offline
                R Offline
                Renauda
                wrote on 9 Apr 2025, 15:59 last edited by
                #591

                But, I do get tired of banal comments masquerading as wit, trashing any and all my chosen politicians.

                FIFY for greater accuracy.

                You’re welcome.

                Elbows up!

                1 Reply Last reply
                • J jon-nyc
                  9 Apr 2025, 14:07

                  L Offline
                  L Offline
                  LuFins Dad
                  wrote on 9 Apr 2025, 16:06 last edited by
                  #592

                  @jon-nyc said in Trumpenomics:

                  That’s still a higher approval than almost any point of his first term. Amazing.

                  The Brad

                  1 Reply Last reply
                  • J Offline
                    J Offline
                    jon-nyc
                    wrote on 9 Apr 2025, 16:11 last edited by
                    #593

                    Yeah but wait until his policies have their effect on prices.

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • J Offline
                      J Offline
                      jon-nyc
                      wrote on 9 Apr 2025, 16:52 last edited by jon-nyc 4 Sept 2025, 16:52
                      #594

                      Average 30 yr mortgage rate is now 7%.

                      "You never know what worse luck your bad luck has saved you from."
                      -Cormac McCarthy

                      1 Reply Last reply
                      • H Offline
                        H Offline
                        Horace
                        wrote on 9 Apr 2025, 17:24 last edited by
                        #595

                        90 day pause for all countries but China.

                        Education is extremely important.

                        A 1 Reply Last reply 9 Apr 2025, 17:29
                        • H Horace
                          9 Apr 2025, 17:24

                          90 day pause for all countries but China.

                          A Away
                          A Away
                          Axtremus
                          wrote on 9 Apr 2025, 17:29 last edited by
                          #596

                          @Horace said in Trumpenomics:

                          90 day pause for all countries but China.

                          Ah, that may be why the DJI jumped 2000+ points.

                          1 Reply Last reply
                          • J Jolly
                            9 Apr 2025, 15:40

                            @Horace said in Trumpenomics:

                            @Jolly said in Trumpenomics:

                            @Doctor-Phibes said in Trumpenomics:

                            @LuFins-Dad said in Trumpenomics:

                            The comments are disturbing.

                            I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

                            At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

                            Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

                            Kennedy may be right. I don't know. As I've said, I think I have an idea of where Trump wants to go.

                            But, I do get tired of banal comments masquerading as wit, trashing any and all politicians. Politicians are like lawyers, they are a necessary evil. And like a lot of lawyers, they are ego driven...I understand that. But any time you have more than three people in a room, politics comes into play. When you're dealing with more people, you have more politics. Without some people who are good at the game, nothing can be accomplished.

                            D Offline
                            D Offline
                            Doctor Phibes
                            wrote on 9 Apr 2025, 17:31 last edited by Doctor Phibes 4 Sept 2025, 17:33
                            #597

                            @Jolly said in Trumpenomics:

                            But, I do get tired of banal comments masquerading as wit, trashing any and all politicians.

                            Dude, I had to put up with four long years of you repeating the 'Resident' joke. Four fucking years with one terrible joke.

                            Banal would have been an improvement.

                            I was only joking

                            1 Reply Last reply
                            • M Away
                              M Away
                              Mik
                              wrote on 9 Apr 2025, 19:38 last edited by
                              #598

                              Liking today.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              1 Reply Last reply
                              • L Offline
                                L Offline
                                LuFins Dad
                                wrote on 9 Apr 2025, 19:49 last edited by
                                #599

                                Damnit, my 401K contribution goes through tomorrow…😡

                                The Brad

                                1 Reply Last reply
                                • M Away
                                  M Away
                                  Mik
                                  wrote on 9 Apr 2025, 20:05 last edited by
                                  #600

                                  So much for dollar cost averaging.

                                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                  1 Reply Last reply
                                  • H Offline
                                    H Offline
                                    Horace
                                    wrote on 9 Apr 2025, 20:27 last edited by
                                    #601

                                    Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

                                    Education is extremely important.

                                    R 1 Reply Last reply 9 Apr 2025, 20:47
                                    • 8 Offline
                                      8 Offline
                                      89th
                                      wrote on 9 Apr 2025, 20:41 last edited by
                                      #602

                                      1 Reply Last reply
                                      😆
                                      • H Horace
                                        9 Apr 2025, 20:27

                                        Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

                                        R Offline
                                        R Offline
                                        Renauda
                                        wrote on 9 Apr 2025, 20:47 last edited by
                                        #603

                                        @Horace

                                        . I guess that's 4D chess for you.

                                        Not at all. More like contract whist or, as we used to call it in the Mess Hall, Bugger your Neighbour.

                                        Elbows up!

                                        1 Reply Last reply
                                        • J Offline
                                          J Offline
                                          jon-nyc
                                          wrote on 9 Apr 2025, 20:49 last edited by
                                          #604

                                          Interesting thought experiment.

                                          alt text

                                          "You never know what worse luck your bad luck has saved you from."
                                          -Cormac McCarthy

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                                          9 Apr 2025, 16:52


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