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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • C Offline
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    Copper
    wrote 30 days ago last edited by Copper
    #914

    Better than Pete Rose, and still alive. (The rumor is that Mr. Trump got the ban lifted).

    image.png

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    • J Offline
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      jon-nyc
      wrote 30 days ago last edited by jon-nyc
      #915

      One out of four of those is actually true.

      Welcome home, Edan.

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

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      • R Offline
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        Renauda
        wrote 29 days ago last edited by
        #916

        Edan should be thanking Copper. Profusely thanking Copper.

        Elbows up!

        1 Reply Last reply
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          jon-nyc
          wrote 29 days ago last edited by
          #917

          And the Indians and Pakistanis that are suffering from radiation burns from the nuclear conflict they experienced should thank him too. VP Shillbilly and Copper. Both of them.

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

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          • D Offline
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            Doctor Phibes
            wrote 29 days ago last edited by
            #918

            OMG HE STOPPED FENTANYL!

            HE WON THE WAR ON DRUGS.

            I was only joking

            1 Reply Last reply
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              jon-nyc
              wrote 29 days ago last edited by
              #919

              This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

              They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

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

              H 1 Reply Last reply 29 days ago
              • J jon-nyc
                29 days ago

                This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

                They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

                H Offline
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                Horace
                wrote 29 days ago last edited by
                #920

                No reason to be cautious, with all those factory jobs coming. I'd be spending like a drunken sailor. Like a drunken sailor who was about to get a sweet factory job.

                Education is extremely important.

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                • J Offline
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                  jon-nyc
                  wrote 29 days ago last edited by
                  #921

                  I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

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

                  A 1 Reply Last reply 29 days ago
                  • A Offline
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                    Axtremus
                    wrote 29 days ago last edited by
                    #922

                    It's unprecedented! It's historical!

                    https://www.washingtonpost.com/business/2025/05/14/trump-tariffs-china-trade/

                    Since the inauguration on Jan. 20, Trump administration officials have announced new or revised tariff policies more than 50 times, according to a tally by The Washington Post. (A separate tally by Reed Smith, a law firm, has found about 55 such actions.) Trump has issued more than a dozen tariff-related executive orders, or about one per week ..:

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                    • J jon-nyc
                      29 days ago

                      I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                      A Offline
                      A Offline
                      Axtremus
                      wrote 29 days ago last edited by
                      #923

                      @jon-nyc said in Trumpenomics:

                      I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                      Common men fear for the future and tighten belts right away; higher income people say let's buy more and stock up before tariffs get real?

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                      • J Offline
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                        jon-nyc
                        wrote 29 days ago last edited by jon-nyc
                        #924

                        Sure, but that assumes the common man and the higher income folks both have similar intuitions that tariffs are going to harm them economically in the immediate future.

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

                        1 Reply Last reply
                        • 8 Offline
                          8 Offline
                          89th
                          wrote 27 days ago last edited by
                          #925

                          Link to video

                          1 Reply Last reply
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                            jon-nyc
                            wrote 27 days ago last edited by jon-nyc
                            #926

                            That’s a lot of emergencies.

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

                            1 Reply Last reply
                            • 8 Offline
                              8 Offline
                              89th
                              wrote 27 days ago last edited by
                              #927

                              image.png

                              1 Reply Last reply
                              • J Offline
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                                jon-nyc
                                wrote 26 days ago last edited by
                                #928

                                Corporate greed strikes again.

                                IMG_5176.jpeg

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

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                                  LuFins Dad
                                  wrote 26 days ago last edited by
                                  #929

                                  Yeah, cause margins don’t exist. Remember when the Republicans were yelling at Biden for blaming inflation on greedy Jewish grocers?

                                  The Brad

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                                    jon-nyc
                                    wrote 26 days ago last edited by
                                    #930

                                    You either die a tariff hawk, or live long enough to embrace greedflation.

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

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                                    • A Offline
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                                      Axtremus
                                      wrote 26 days ago last edited by
                                      #931

                                      Has Bernie responded?

                                      1 Reply Last reply
                                      • J Offline
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                                        jon-nyc
                                        wrote 26 days ago last edited by jon-nyc
                                        #932

                                        I’m sure he’ll be hypocritical too.

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

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                                        • J Offline
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                                          jon-nyc
                                          wrote 26 days ago last edited by
                                          #933

                                          Cliff Asness comments:

                                          I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

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

                                          H 1 Reply Last reply 26 days ago
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                                          14 May 2025, 23:44


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