What does “TIA” mean. Your acronyms are next level. I don’t even know what they are

Look it up, fuckwit…

We. Told. Them. So.

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What does “TIA” mean. Your acronyms are next level. I don’t even know what they are
Bitch....
Another alt has "thoughts"…
GTFOH
FOAD
TIA
We. Told. Them. So.
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I googled it and it said “Thanks in advance”. Is that right?
Look it up, fuckwit…
We. Told. Them. So.
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Democrats: “We’re the party of tolerance”
Look it up, fuckwit…
We. Told. Them. So.
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Ok, I’m going to give it to you. This one was good, lol
Here we are….day 1 of the third quarter.I’m still on the “nothing stops this train” philosophy. Everyone is sooooooo bearish….but Fiscal spending is still going up. The government is creating money to buy their own bonds. M2 Global liquidity is going straight up. All of this money being created and spent has to end up somewhere. Some of it will go to markets which will inflate prices. I see all time highs for the stock market in Q3/Q4.
Most of my wealth is in Bitcoin and it recently hit an all time high. I see it going to $150,000’ish by Q3/Q4. Life is good!!![]()
I'm going to say this again - the stock market tanked and just recovered in the last week into positive territory. Touting record highs while ignoring record losses is absurd and misrepresenting the market.Here we are….day 1 of the third quarter.
- S&P 500 at all time highs
- Nasdaq at all time highs
It doesn’t matter that the market is at all-time highs. It only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got itI'm going to say this again - the stock market tanked and just recovered in the last week into positive territory. Touting record highs while ignoring record losses is absurd and misrepresenting the market.
A good market would've been hitting record highs every day this year.
Of course it does.It doesn’t matter that the market is at all-time highs.
Lol....being a good market after being a shitty market doesn't negate the shitty partIt only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got it
So, using your thesis….Of course it does.
Are you daft?
That means everyone's 401k missed out on 6 months of gain.
That means shareholders missed out on 6 months of gains.
That means people waited 6 months to break even.
Lol....being a good market after being a shitty market doesn't negate the shitty part
You don't just get to ignore the 6 months of losses.
Going to put this here.It doesn’t matter that the market is at all-time highs. It only matters if the market hits all-time highs the way I want it to. It has to be a straight line up to make it a “good” market”. Got it
Which part of that involved a massive.crash of the market multiple times in a week?So, using your thesis….
When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.
Whataboutism is fun.Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.
Markets panic in chaos. They're supposed to, dipshit. And we still don't have stability, so the ride isn't over yetAnd what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
initially, trump did nothing to help stem the covid crisis other than warped speedSo, using your thesis….
When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.
Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.
And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
great but we are dealing with a whipsaw economic program with clapper-like tariffs, on again/off again. juts think if the economic policies were stable, coherent and beneficial to all trading parties, kind of like what we have had for so many years until recently. investors want predictability, stability. what we have now is just getting us back to break-even with lost opportunity. let's see what the next quarter brings. more game show gimmicks and let's see what's coming next or something more substantial? time will tell.So, using your thesis….
When Joe Biden was in office in January of 2022, the market went down from there and didn’t hit another all time high until January of 2024. That’s 2 years of “missing out”. Did you blame Joe for that one? Of course not. We only like to focus on the orange man. So silly.
Don’t worry, it wasn’t uncle Joe’s fault. Markets go up and down. That’s what they do.
And what really happened earlier this year was that people panic sold. They listened to the news and all of the negativity that the world was going to end because of tariffs and they sold their stocks which caused the market to tank…and they were wrong. They messed up. Now they’ll be buying back at higher prices. It happens.
good for the average worker, tax revenue declines. and bet more people will try and get OT.So what happens if we get rid of the tax on tips and we don’t tax overtime? Is that a good or a bad thing?
Also, America has received about $141 billion so far from tariffs in the first few months(with no inflation). We’re on track to receive around a half a trillion dollars a year from that. What if we take some of that money and get rid of charging tax on anyone making under $100,000 per year. Same question, is that a good or a bad thing?
There are no wrong answers
your math just swaps one tax for another. what they don't pay in payroll taxes, they pay in consumption, "They could buy more groceries, go on those vacations, buy a new car, spend it on Amazon, lol." couple your comments with immigration policies, the immigrants that do low-level/pay work, it will cost more to bring in the harvest and that will cause rise for groceries. but a car, yeah we have seen the concern on automakers faces.“The US tax system is against the working class and american consumers. the uber wealthy need to pay their share and not get a tax cut.”
So let’s look at the math on this…
- Total tax revenue is ~$5 Trillion
- Workers who make under $100,000 pay roughly $475 billion. That’s a little less than 10% of the tax revenue
- 90% of the workforce makes under $100,000
- the top 10% pay 90% of the tax bill.
- the bottom 90% pay 10% of the bill.
It’s just math. You can use chat gpt to check if my math is wrong
So if we didn’t tax 90% of the workforce(under $100K), we would have to come up with $475B dollars.
Tariffs alone should come close to that number. Also, think of the economic boom that would happen if 90% of the workforce had hundreds of dollars extra each week. They could buy more groceries, go on those vacations, buy a new car, spend it on Amazon, lol.
Everyone always wants to tax the rich but as it turns out, they’re already paying 90% of the bill. I think we should use tariffs to give the working man a bonus (I sound like a democrat now).
And we say tariffs are a tax on consumption but it doesn’t seem to be working that way. Tariffs just haven’t caused any noticeable inflation that everyone predicted they would. No inflation = no tax on consumption. Companies are just taking it on the chin and not relaying it to customers.
I think Powell is doing the right thing holding rates high. There’s no real reason to lower them from his standpoint. He’s responsible for inflation and unemployment numbers. Both look good so why cut? He can keep them high and he’ll do just fine. If he lowers them, then he risks inflation and he’ll look like an idiot
Plus with this next boom that is coming from “no tax on tips” and “no tax on overtime” and a 3.5 trillion spending bill, keeping rates higher is probably the right thing to do.I think Powell is doing the right thing holding rates high. There’s no real reason to lower them from his standpoint. He’s responsible for inflation and unemployment numbers. Both look good so why cut? He can keep them high and he’ll do just fine. If he lowers them, then he risks inflation and he’ll look like an idiot
The whole tariff equals inflation mantra was a lie out of the gate. And the suckers that fell for it lost money.Another down month for inflation…tariffs just aren’t causing inflation to go higher. I know you’re perplexed.
How could it not go higher? All the experts and text books said it would go higher. The math said it would be higher!!
It’s just not going to be a thing. Tariffs just aren’t going to move the needle for higher for inflation. We’re going to get roughly $40 billion a month in tariffs and the inflation needle isn’t going to move. The experts and the textbooks were wrong. Sorry, It happens
The markets are starting to realize this. Lower inflation….markets are smelling the animal spirits. Markets are going higher. Nothing stops this train. Jump in while you can.
I feel bad for them. The whole media preached that it was going to cause global recession. And now here we are at all time highs. So sadThe whole tariff equals inflation mantra was a lie out of the gate. And the suckers that fell for it lost money.
I don't, stupid is it's own reward.I feel bad for them. The whole media preached that it was going to cause global recession. And now here we are at all time highs. So sad