Stock Market is the bottom in?

QBTS is nearing a 52 week high! I'm up 73%. Sorry for this post when it crashes. haha
 
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
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.
 
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.
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
 

What that article states is what I've been trying to emphasize in my previous posts.
Joe lunch bucket says screw Toyota and Nissan I'm gonna buy me a Chevy pickup made right here in the U.S.A. You know baseball, apple pie and all that other shit. Guess what Joe. All the plastic on your new truck is made from resin that came from Asia. The electronics and wiring came from Asia and Mexico. The steel came from Canada, along with the aluminum for the rims. It'll take decades and probably billions of dollars to bring all that back to this country. I don't see it happening, no matter what any politician tells us.
 
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

Ron Johnson said he was going to roadblock it in the Senate. He says it spends too much money, by about a trillion bucks.
 
Here’s an idea. Rather than task DOGE with finding savings (or perhaps along with) why not pass a little beautiful bill that spends less? Tough concept I know…


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Tsla went up since last time I checked 6 wks ago. Probably the news about him leaving doge and going back to the company? I think I'll sell mine Monday. Hit a solid blooper double.
 
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.
 
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.

Problem is the majority of Americans are used to spending more than what they bring in…


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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?
 
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?
That's only true because the American public can't get credit like the gov't can.

Record amounts of people are paying for groceries using "buy now, pay later" services.
That's very alarming, but its only one indicator, there are several more like it. The economy is teetering on the brink of a major cliff, IMO.
 
Hate to see Trump unravel all the progress that we made under Joe Biden.
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.
 
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.

20250517_160053.jpg
 
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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Was gonna post the same thing. Once a New York peacoat wearing lib, always a New York peacoat wearing lib.
We shouldn’t be shocked though. Besides himself being a Democrat 90% of his life, you have tulsi who ran for freaking President as a dem, rfk jr a dem who chose a full on radical socialist as his running mate, jd Vance who called Trump hitler and is married to a Democrat who worked for one of the most radical left wing law firms out of San Francisco (which is hard to wrap your head around how left that has to be).
We need some conservatives to step up and save this country quickly

Here’s chip roy exposing the big disasterful bill
 
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The 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.
PayPal and Alibaba was my lesson on single stock investments. Still hurts lol

I mostly stick to index funds like VUG, qqqm and SCHG for growth.

I do swing trade reliable companies when they dip though. I shoot for a good base hit or a double. Allot of 10% trades and the occasional 20+%.

Covered call funds have been a fun investment for me as well. JEPQ is my favorite. Great fund for a retiree looking for dividend income
 
I would love to see

Debt / Expenditures per senator congressman vs average debt per household .

It’s my hypothesis that the federal government spends exponentially more that they must borrow .
 
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.
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.

I do not look for such things today.....but once in a while a situation like Bud or Disney rubs me wrong ......and I will find another solution to fill that need. Flock 'em.
 
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