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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • 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%.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    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 Offline
        A Offline
        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 Online
          D Online
          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
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              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
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                  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

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • H Offline
                          H Offline
                          Horace
                          wrote on 9 Apr 2025, 20:54 last edited by
                          #605

                          The presidential election version of that is "I'd vote for a can of soup over Trump". More of a pithy comment than a thought experiment, though bravo to the writer for the carefully crafted description of a bag of bricks.

                          Education is extremely important.

                          1 Reply Last reply
                          • H Offline
                            H Offline
                            Horace
                            wrote on 9 Apr 2025, 21:12 last edited by
                            #606

                            Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                            Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                            Education is extremely important.

                            R 1 Reply Last reply 9 Apr 2025, 21:27
                            • K Offline
                              K Offline
                              kluurs
                              wrote on 9 Apr 2025, 21:24 last edited by
                              #607

                              Link to video

                              1 Reply Last reply
                              • H Horace
                                9 Apr 2025, 21:12

                                Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                                Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                                R Offline
                                R Offline
                                Renauda
                                wrote on 9 Apr 2025, 21:27 last edited by
                                #608

                                @Horace

                                Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                                Lutnick does look a lot like Lenin.

                                Coincidence?

                                Elbows up!

                                1 Reply Last reply
                                • J Offline
                                  J Offline
                                  jon-nyc
                                  wrote on 9 Apr 2025, 21:36 last edited by
                                  #609

                                  Auto market research firm Telemetry estimates 1.8MM fewer new cars will be sold this year. Last year total sales were ~15MM, so this is over 10% drop.

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • J Offline
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                                    jon-nyc
                                    wrote on 9 Apr 2025, 21:40 last edited by
                                    #610

                                    Obviously vehicle dependent, but here are average new taxes by brand.

                                    IMG_4072.jpeg

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • J Offline
                                      J Offline
                                      jon-nyc
                                      wrote on 9 Apr 2025, 21:42 last edited by jon-nyc 4 Sept 2025, 21:44
                                      #611

                                      Do we have any Tata cars in the US? And who’s Geely?

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      T 1 Reply Last reply 12 Apr 2025, 02:07
                                      • K Offline
                                        K Offline
                                        kluurs
                                        wrote on 9 Apr 2025, 21:48 last edited by
                                        #612

                                        Next time, everyone pay attention...

                                        image.png

                                        1 Reply Last reply
                                        • A Offline
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                                          Axtremus
                                          wrote on 9 Apr 2025, 21:54 last edited by
                                          #613

                                          Trump undoes Liberation Day, and the market rejoices.

                                          The market hates Liberation.

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