Stock Market is the bottom in?

[bwoods11]

Goldman Sach's Chief economist Jan Hatzius and billionaire fund manager Bill Ackman are not happy with T----'s global trade war. Jamie Dimon, CEO of J.P. Morgan Chase, recently said he underestimated the shock to global trade of T----'s tariffs. They, and many other economists are saying the "global order" has been trashed. If the big-boy, private-jet players aren't happy at all ...... how do the "little people" expect to fare well?? Most folks don't have $$$multi-millions and $$$billions to sit on, to wait out the carnage. Just sayin' ......

Disagree, buy the dips. Even when Biden had a -33% NASDAQ drop I was buying… despite the fact that I had zero confidence in Biden/Harris.

You may not like Trump, but if you’ve lost confidence in the US/markets . You might want to just buy a Bank CD & call it good !

 

[TreeDaddy]

I have not

And Im buying the dips

lets compare notes in a year

bill

 

[Brian662]

Pump fake. False report that the tariffs were being paused. Race to the bottom continues

Talk about insane volatility.

 

[BuckSutherland]

On January 21st the price of a dozen eggs was $6.55/dozen. We hit a high of $8.17/dozen in March. A couple weeks later we are sitting at $3.28/dozen..... Damn you orange bastard!! Eggageddon looks like it got canceled.

 

[jsasker007]

I've never followed the crowd. So far it's worked out pretty good. Of course I probably just put a curse on myself for saying it. There will always be some kind of mass panic that gets way too much attention to keep people busy and fighting amongst themselves. That's just the world we're living in today unfortunately. Bring back common sense please.

 

[bwoods11]

Whether you believe the White House or not—50 countries have contacted the administration to negotiate the tariffs .

At least two, Vietnam & EU have offered a zero tariff policy . I would NOT be short in this market, it could shoot up 2000 points in 4 hours if the deals start to happen !

Interesting times !

 

[Howboutthemdawgs]

On January 21st the price of a dozen eggs was $6.55/dozen. We hit a high of $8.17/dozen in March. A couple weeks later we are sitting at $3.28/dozen..... Damn you orange bastard!! Eggageddon looks like it got canceled.





View attachment 75936

The DOW on January 21st was 44,025 points. High in 2024 was 45,000. Today it closed at 37,900. I care more about the macro economic picture than the price of a dozen eggs personally. Using one metric to determine success is tough.
Socially I’d much rather be where we are today than previously but I’m not ready to declare any economic victories so far

 

[BuckSutherland]

^^^^

I was not declaring any victories. Only sharing the price of eggs.

 

[BuckSutherland]

Anyone ever play with some of these leveraged ETFs?? TQQQ is 3x the Nasdaq. I don't know anything about them. If I bought 100 shares at $40/share is $4,000 the most I could lose or is there potential for extra pain beyond the $4,000?

 

[KY wild]

On January 21st the price of a dozen eggs was $6.55/dozen. We hit a high of $8.17/dozen in March. A couple weeks later we are sitting at $3.28/dozen..... Damn you orange bastard!! Eggageddon looks like it got canceled.





View attachment 75936

Eggs 5.50-6.00 dozen at local walmart

 

[Buckly]

Goldman Sach's Chief economist Jan Hatzius and billionaire fund manager Bill Ackman are not happy with T----'s global trade war. Jamie Dimon, CEO of J.P. Morgan Chase, recently said he underestimated the shock to global trade of T----'s tariffs. They, and many other economists are saying the "global order" has been trashed. If the big-boy, private-jet players aren't happy at all ...... how do the "little people" expect to fare well?? Most folks don't have $$$multi-millions and $$$billions to sit on, to wait out the carnage. Just sayin' ......

You crack me up with the Armageddon. The Dow closed at about the same level exactly one year ago. Now tell me how much yield you’ve made over the last 5-6 years.

 

[Howboutthemdawgs]

“Home Depot co-founder Ken Langone is blasting Trump’s tariffs, calling the 46% import duties on Vietnam “bullshit” and describing the 34% tariff rate on China as “too aggressive, too soon.”

“I don’t understand the goddamn formula,” the veteran Republican political campaign donor says in a new interview with The Financial Times.

“I believe [Trump’s] been poorly advised by his advisers about this trade situation — and the formula they’re applying,” he adds.”




Between this and bill ackman this am it’s clear there’s very very very very little support even on the republican side of the business isle for the tariff plan. The inner circle staff who is scared of falling out of step is about the only vocal supporters. Fire that knuckle dragger Lutnick, who ackman called out yesterday for profiting off of the market tanking, blame him and call for a pause while they evaluate. Trump needs a scapegoat for an off ramp and Lutnick could be it.

 

[H20fwler]

“Home Depot co-founder Ken Langone is blasting Trump’s tariffs, calling the 46% import duties on Vietnam “bullshit” and describing the 34% tariff rate on China as “too aggressive, too soon.”

“I don’t understand the goddamn formula,” the veteran Republican political campaign donor says in a new interview with The Financial Times.

“I believe [Trump’s] been poorly advised by his advisers about this trade situation — and the formula they’re applying,” he adds.”




Between this and bill ackman this am it’s clear there’s very very very very little support even on the republican side of the business isle for the tariff plan. The inner circle staff who is scared of falling out of step is about the only vocal supporters. Fire that knuckle dragger Lutnick, who ackman called out yesterday for profiting off of the market tanking, blame him and call for a pause while they evaluate. Trump needs a scapegoat for an off ramp and Lutnick could be it.

Vietnam went zero tariffs with USA last week, so that is a non starter…and China is not our friend at all so China can F off….we can use American made goods.

Ken Langone at Home Depot can F off too bowing down and siding with China so he can get rich. Plenty of other places to shop.

 

[SD51555]

Vietnam went zero tariffs with USA last week, so that is a non starter…and China is not our friend at all so China can F off….we can use American made goods.

Ken Langone at Home Depot can F off too bowing down and siding with China so he can get rich. Plenty of other places to shop.

Yeah, that’s not too much of a stretch to understand. Any outfit relying on cheap foreign garbage to slap high markups on for the American consumer is far from objective.

Nothing bad has even happened yet. We traffic in parts manufactured all over the world, and we’ve heard zero on parts availability or parts price changes.

If anyone is worried, stock up on what you’re worried about. I’m building a 6th garden this spring and adding gooseberry and raspberry to my berry garden.

I think this has been a bonanza for youngsters, and for Pete’s sake, we needed a break for once. Now if they could do some work to bust the cabal jacking up housing costs…


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[Jerry-B-WI]

Vietnam went zero tariffs with USA last week, so that is a non starter…and China is not our friend at all so China can F off….we can use American made goods.

Ken Langone at Home Depot can F off too bowing down and siding with China so he can get rich. Plenty of other places to shop.

Navarro claims zero tariffs isn't good enough. Trumps economist is contradicting him.

I sure am glad there's no Chinese products at Lowes, Menards or any True Value stores.

 

[Foggy47]

The pain is supposed to happen when unexpected economic and world events cause negative affects on the economy.

When things are good you ride the wave.

The bad times will come on their own.

I don’t see the genius in flying a perfectly good airplane into the ground. But whatever. As long as it’s part of the “big plan” it’s just great.

I dont understand how ANYONE could think the USA economy is a "perfectly fine airplane". Prior to trump our economy was sucking air and many felt we could not survive another term under "leadership" by the Democrats. (Is that an oxymoron?). The USA needs some drastic measures to right the ship......and that is what we elected Donald to do. IMO he's delivering on that issue and many more. MAGA

 

[Mortenson]

I sure am glad there's no Chinese products at Lowes, Menards or any True Value stores.

Well are those guys keeping their pieholes shut or not? Gotta know your place.

 

[Jerry-B-WI]

Well are those guys keeping their pieholes shut or not? Gotta know your place.

Don't care if they're keeping their pieholes shut. The point is I want someone to show me where to go buy all them Merican made goods.

If you owned a company would you rather be able to sell on the world market or just be limited to selling only in the U. S. market?

 

[H20fwler]

Don't care if they're keeping their pieholes shut. The point is I want someone to show me where to go buy all them Merican made goods.

If you owned a company would you rather be able to sell on the world market or just be limited to selling only in the U. S. market?

The new tariff dust up is to make free trade agreements fair correct?
Has it not been slanted in favor of other countries?

Are you siding with China? And all those “quality” made products ?
And other countries getting wealthy over charging high tariffs on American made goods?
Do you not want to support American workers?

If Obama came up with the equal tariffs plan then would you have been OK with it?

 

[SD51555]

This is really gonna kick me in the nuts if the fed doesn’t get busy creating hundreds of billions of dollars out of thin air to suck up all the treasuries the Chinese are selling.

My TMF could go to hell quickly. If the fed sits this out and lets china dump their treasuries, we are done. We’re gonna be writing new treasuries north of 5% and that is game over for us and every recreational genocide going on worldwide.

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