Trumpenomics
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Cliff Asness comments:
I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.
wrote 24 days ago last edited by@jon-nyc said in Trumpenomics:
Cliff Asness comments:
I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.
Yep.
At least Trump will make pro capitalism noises though.
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@jon-nyc said in Trumpenomics:
Cliff Asness comments:
I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.
Yep.
At least Trump will make pro capitalism noises though.
wrote 24 days ago last edited by@Horace said in Trumpenomics:
@jon-nyc said in Trumpenomics:
Cliff Asness comments:
I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.
Yep.
At least Trump will make pro capitalism noises though.
Perhaps along with also more ICE raids at Walmart locations?
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wrote 24 days ago last edited by
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wrote 23 days ago last edited by
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wrote 19 days ago last edited by
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wrote 19 days ago last edited by
Wait, I thought foreigners paid the tariffs.
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wrote 19 days ago last edited by
I know this is wasted CO2 at this point but how does Trump have the "power" to point to a specific company and tell them they're going to pay a 25% tax on their products?
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wrote 19 days ago last edited by
I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?
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wrote 19 days ago last edited by jon-nyc
Of course it would cost way more than 25% of the iPhone price just to manufacture them here, to say nothing of the cost of building new plants, etc, to accommodate a policy that will be voided by the next administration. So we'll get more expensive phones AND no jobs.
Win-win!
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wrote 19 days ago last edited by
Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.
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Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.
wrote 19 days ago last edited by@Horace said in Trumpenomics:
So, this will just be a drag on America's greatest company, ...
No, this will not be a drag on the Trump Organization.
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wrote 18 days ago last edited by
And foreign governments know this too.
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I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?
wrote 18 days ago last edited by@Axtremus said in Trumpenomics:
I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?
The Democrat Party. Congratulations on getting a Democrat in the White House.
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wrote 18 days ago last edited by
Back to 50% tariffs for the EU.
https://truthsocial.com/@realDonaldTrump/114556968834547173
... Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. ...
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wrote 16 days ago last edited by
I opened my trading app and saw futures were up a little. So naturally I went straight to truth social.
What I am relieved by about this one, is that the setup and rug-pull happened entirely between sessions. No chance of cronies trading inside info.
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wrote 13 days ago last edited by
New terminology for the market: the TACO trade.
https://www.cbsnews.com/amp/news/trump-taco-trade-trump-always-chickens-out-what-it-means/
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wrote 13 days ago last edited by
That’s a stupid approach to take from a markets analyst. He’s actually trying to goad Trump into not reconsidering tariffs and to pull the trigger…
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wrote 13 days ago last edited by
Hmmmm .....
Court of International Trade halted Trump's tariffs.
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wrote 13 days ago last edited by
Presenting a unified and confident front to the rest of the world in our unilaterally declared world trade war over nothing.
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New terminology for the market: the TACO trade.
https://www.cbsnews.com/amp/news/trump-taco-trade-trump-always-chickens-out-what-it-means/
wrote 11 days ago last edited by@Axtremus said in Trumpenomics:
New terminology for the market: the TACO trade.
It’s getting memed a lot now.
Maybe the real liberation was all the tacos we ate along the way.
