A lot of those foreign made auto, ATV/UTV parts are already starting to come back, and primarily because of the tariff situation. It takes a while to build tooling and get part approvals, but within 6 months there will be US options for many of the parts currently made overseas. The number of US alternatives will increase every day the tariffs are in place.That’s a narrow view on what makes an economy. Not even North Korea only buys domestically. If individuals want to buy domestic, that’s awesome. But we know on a macro level most people want or have to buy with price in mind. Due to efficiencies, a lot of time imports are cheaper, good or bad. Additionally, good luck. Almost everything, save some locally grown food products, source part or all their good(s) from overseas. Polaris side by sides for example…assembled in the US, with Chinese parts
Ironic we are talking about thisA lot of those foreign made auto, ATV/UTV parts are already starting to come back, and primarily because of the tariff situation. It takes a while to build tooling and get part approvals, but within 6 months there will be US options for many of the parts currently made overseas. The number of US alternatives will increase every day the tariffs are in place.
Ironic we are talking about this
So the budget committee struck down trumps liberal spending bill thankfully. But I wonder if this isn’t part of a plan where we get screwed. Trump and rinos support the bill, conservatives reject the bill. End result is the tax cuts expire and everyone can blame everyone else. End result…more money for the government to make sure they don’t have to cut any spending, cause god forbid. More taxes more spending, win/win for the uniparty
Howaboutthemdogs mentioned eating an elephant. In the case of this budget, one bite at a time would be balancing this budget. If you want to chip away at the deficit the first bite is only spending what we have this year, or maybe even a tad less. It is not impossible, the problem is every president wants to look good by showing off their accomplishments by spending more and more. I don't get it, to me it is far from rocket science, to me it is simple math....... If we spent 17% more last year than we brought in then every federal program gets cut 18% this year.
That's only true because the American public can't get credit like the gov't can.I don’t think the American public is anywhere near in debt like the federal government?
Politicians are similar to the proverbial “ drunken sailor “?
No?
We seem to forget the global plunges caused by the Covid pandemic. The U.S. came out of Covid better economically than any other country - by all assessments. The big financial management companies, publications, and even the WSJ, all said the U.S. economy is "the envy of the world" in the latter half of 2024. I read financial news every day for several hours, so I'm not pulling this info out of thin air. The inflation came from the global effects of Covid, and the subsequent supply-chain disruptions & shortages of globally-sourced goods. Trying to politicize these facts don't change reality. Covid would have wreaked havoc on any president's tenure - no matter what party was in the White House. It happened to begin when Trump was still in office, ("we have it all under control - it's only one person coming in from China") --- and continued under Biden. Global health crisis - not just the U.S.'s problem.Hate to see Trump unravel all the progress that we made under Joe Biden.
Was gonna post the same thing. Once a New York peacoat wearing lib, always a New York peacoat wearing lib.This is an incredible departure from the norm for a President with an R next to his name. Ol' Donny is still a Democrat after all, hating on corporate profits.
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PayPal and Alibaba was my lesson on single stock investments. Still hurts lolThe only really, really crappy outcome I had was with Bed Bath and Beyond. If that one didn't teach me a lesson I might be beyond help. Mistakes have been made for sure but learning from them and looking into what makes companies have any value is helpful. Big learning curve with bumps along the way.
In the 2000's is became fashionable to invest in stocks that had a high score on their "corporate governance". I'm not sure if that is a "thing" today....but when I belonged to a stock club it was an issue with several members. Some companies treated employees well and were given better "scores" on this. Maybe D.E.I. replaced this? ....or wokrness?? I think it's another case of going too far to the left or right on some of these social issues.When I was managing my own portfolio I didn't care about wokeness or ethics. I'm in it to make money. I tell the manager I have now to make me money. If a person was really worried about wokeness and DEI there would be few companies that make money and would be investable.
I had my share of MO and BTI didn't care. I'm in it for money.