Dow down <OMFG> points. Thanks Trump

[eric_erosfan]

What a complete and utter disaster for our country. Thanks MAGAtards

 

[eric_erosfan]

Omfg down 1,550. What a fucking disaster

 

[eric_erosfan]

Where all the Trumptards at?

 

[RoryN]

You can edit your thread title to reflect the new numbers as they happen.

 

[schism666]

 

[eric_erosfan]

You can edit your thread title to reflect the new numbers as they happen.

Done.

 

[AlexBailey]

Make America GRATE again.

It would suck to be retiring right now- investments down, no stability in Social Security or prices.

 

[Rebel5soul]

I'll be buying this afternoon. Panic selling leaves a lot of deals on the table.

 

[DeluxAuto]

I'll be buying this afternoon. Panic selling leaves a lot of deals on the table.

No you won't.

 

[RobDownSouth]

Where all the Trumptards at?

Out buying up all the current stock of cheap beer that they can.

Orange Julius Caesar announced last night he is extending his tariff on aluminum to include beer cans blanks which enjoyed a 'protected status' until yesterday (beer being an integral part of a MAGA diet). Six packs of beer will rise 50 cents, a case (24 cans) will rise two dollars due to the Trump Tariff surcharge, which will have a material adverse effect on the average MAGA's standard of living.

 

[RoryN]

I'll be buying this afternoon.

The only "stock" you can afford is the stuff you have for dinner.

 

[RobDownSouth]

I'll be buying this afternoon. Panic selling leaves a lot of deals on the table.

Thanks for the laugh, methuselah!

 

[schism666]

I'll be buying this afternoon. Panic selling leaves a lot of deals on the table.

i would love to know what you're eyeballing

 

[RobDownSouth]

Trump is right: ​

Everyone will remember the day he launched a total trade war​

In a surreal appearance in the White House Rose Garden Wednesday, Trump clung onto a big poster that showed new tariff rates as it swayed in the wind. The world saw an unrestrained president in the sole spotlight he adores, hazarding the economic fates of billions of people with an outlandish political bet.44

But it's gonna be okay folks, Ishmael/Rebel5Soul is gonna buy stocks this afternoon after their price craters to prop up the economy.

 

[MajorRewrite]

Stock market circuit breaker would be tripped at a 7% drop. It’s a possibility for later today.

 

[whiskeytangofoxtrot]

Where all the Trumptards at?

A bunch were at the kool aid stand.

 

[AlexBailey]

This Trump dip is also coming at a time when many Americans are taking money out of their investment portfolios to pay income taxes.

There is often a big dip in the Dow right before tax day -April 15th. Now anyone who takes money from their investments will be drawing from a smaller pot.

Next week could bring a whole new catastrophe.

 

[Rightguide]

No big deal, just a slight adjustment.

Tariffs Boosted Economy in Trump’s First Term.​

PULSE POINTS:​

For the first time in several decades, the U.S. is poised to redefine its trade dynamics as President Donald J. Trump introduces tariffs aimed at equalizing trade conditions for American industries and American workers. This strategic move, reminiscent of actions taken during his first administration, aims to bolster economic growth.

Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

https://thenationalpulse.com/

 

[eric_erosfan]

No big deal, just a slight adjustment.

Tariffs Boosted Economy in Trump’s First Term.​

PULSE POINTS:​

For the first time in several decades, the U.S. is poised to redefine its trade dynamics as President Donald J. Trump introduces tariffs aimed at equalizing trade conditions for American industries and American workers. This strategic move, reminiscent of actions taken during his first administration, aims to bolster economic growth.

Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

https://thenationalpulse.com/

Yeah, you're not a cult member. Lol.

 

[whiskeytangofoxtrot]

No big deal, just a slight adjustment.

Tariffs Boosted Economy in Trump’s First Term.​

PULSE POINTS:​

For the first time in several decades, the U.S. is poised to redefine its trade dynamics as President Donald J. Trump introduces tariffs aimed at equalizing trade conditions for American industries and American workers. This strategic move, reminiscent of actions taken during his first administration, aims to bolster economic growth.

Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

https://thenationalpulse.com/

nothing says bullshit like the national pulse or breitbart or gatewaypundit or newsmax or fox or...

 

[MajorRewrite]

No big deal, just a slight adjustment.

Tariffs Boosted Economy in Trump’s First Term.​

PULSE POINTS:​

For the first time in several decades, the U.S. is poised to redefine its trade dynamics as President Donald J. Trump introduces tariffs aimed at equalizing trade conditions for American industries and American workers. This strategic move, reminiscent of actions taken during his first administration, aims to bolster economic growth.

Research conducted on the impact of tariffs from President Trump’s first term suggests that these measures fortified the U.S. economy. A 2024 study highlighted that tariffs resulted in significant reshoring in sectors such as manufacturing and steelmaking, while a 2023 U.S. International Trade Commission report revealed that tariffs curtailed imports from China and promoted local production.

The report indicated minor downstream price effects, aligning with findings by the Economic Policy Institute, which emphasized that the tariffs did not exacerbate inflation and had a negligible impact on prices overall.

“Following implementation of Sec. 232 measures in 2018—and prior to the global downturn in 2020—U.S. steel output, employment, capital investment, and financial performance all improved,” the Economic Policy Institute stated. This period saw U.S. steel producers commit over $15.7 billion to new or upgraded facilities, generating approximately 3,200 jobs.

A further analysis conducted by the Atlantic Council points to a potential increase in domestic product purchases prompted by tariffs. The Treasury Secretary under the Biden regime, Janet Yellen, supported this stance, stating that consumer prices would not significantly rise as a result of tariffs.

https://thenationalpulse.com/

Nope. Real analysis from the Cato Institute:

Recent empirical evidence, using a variety of methods, indicates near complete pass-through of the 2018–2019 tariffs to US consumers. Mary Amiti, Stephen J. Redding, and David Weinstein found that the full burden passed through, costing US consumers and the firms that import foreign goods an additional $3 billion per month in added tax costs and $1.4 billion in deadweight loss (or lost income) as depicted in Figure 3.

Furthermore, American jobs supposedly saved by import protection have come at an extremely high cost to consumers, ranging from an annual average of $256,000 per job in the 1980s to more than $800,000 per job in the 1990s (all in 2017 dollars). More recently, tire tariffs and steel tariffs have both annually cost US consumers more than $900,000 per job.

American history provides an abundance of examples of politicians using tariffs to protect domestic industry. Taken together, the examples show that tariffs do not generate higher levels of employment or production for the economy overall; they do not ensure the long-term health of the industries being protected or fundamentally alter the trade balance; and they serve not the strategic interests of the nation but the parochial interests of politicians who get to enrich preferred companies and workers by imposing diffuse and mostly hidden costs on the rest of the US economy.

 

[AlexBailey]

I'll be buying this afternoon. Panic selling leaves a lot of deals on the table.

Please, let us know what you buy so we can track your success in real time.

 

[eric_erosfan]

Please, let us know what you buy so we can track your success in real time.

I'm sure he is such a guru he already moved his entire portfolio to Goodyear Tires before the market opened this morning.

 

[eric_erosfan]

I just hope the world understands that the United States is not Trump. All this goes away when he does.

 

[Lazaran]

I just hope the world understands that the United States is not Trump. All this goes away when he does.

Well, him AND his corrupt cabal of traitors & grifters.





We. Told. Then. So.