How the US economy went from booming to a recession scare in only 20 days

[John Edgar Slow Horses]

Go Trump! Destroy America!

 

[JimH52]

How can you say that? Trump has proved you wrong

Tesla shares tumbled 15.4%, to $222.15. That’s the lowest Tesla shares have traded since late October, reflecting investors’ newfound pessimism as the automaker’s sales crater around the globe. Monday’s decline, Tesla’s steepest since September 2020, came with Wall Street in the midst of a sell-off caused by uncertainty over the Trump administration’s trade policies.

Nobody wants to drive the car that the NAZI built. The get angry stares, fingers, and threats. I wonder how many more NAZI salutes musk and Bannon are going to make before the end of the year?

 

[Oddball]

That's NOT what you said when Trump won but wasn't president yet. You were pointing to the record high stock market.

NO, sorry you fucking lil bitch. The economy was adding 200,000 jobs a month. Last month Trump only added 70,000 and that's probably going to be adjusted down. And most of those jobs were hospitality jobs. In other words, not good jobs.

They said business leaders are like deer in headlights. They don't know what to do with Trump's uncertainty. Too unstable.

Okay so it is true that the auto industry wasn't expecting to have a good year this year selling cars but Biden/Kamala would have gotten us through the year without a fucking recession.

This reminds me of Bush 2. They claimed Clinton handed him a mess. A recession. But that tiny recession was not what led to the Great Recession. Bush's policies were harder on the middle class than was 9-11. But BOY did Bush use 9-11 as his excuse to

1. Lie us into a war
2. Give the rich tax breaks
3. Deregulate the banks so they wouldn't have enough cash on hand in case of any emergency that happened right on Bush's way out the door.

Talk about handing someone a mess. Then they complained that Obama wasn't doing a good enough job cleaning up the mess Bush handed him. Then Republicans said it wasn't Bush's fault. It was freddy mack and fanny may. It was Clinton. It was anyone other than the guy who was POTUS for the last 8 years.

The stock market is overvalued by no less than $5 trillion, from infusions of printed up loot from the Fed, no matter what falls out of the Orange God Emperor's mouth.

Quick quiz; who recently got out of the market and into cash to the tune of over $300 billion?

 

[sealybobo]

The stock market is overvalued by no less than $5 trillion, from infusions of printed up loot from the Fed, no matter what falls out of the Orange God Emperor's mouth.

Quick quiz; who recently got out of the market and into cash to the tune of over $300 billion?

Trump? Or Pelosi?

 

[JimH52]

Trump? Or Pelosi?

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter

Berkshire Hathaway sold more than $134 billion worth of stocks in 2024.

www.nbcnews.com

 

[sealybobo]

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter

Berkshire Hathaway sold more than $134 billion worth of stocks in 2024.

www.nbcnews.com

That's easy. It was after Biden's last debate. LOL.

All told, Berkshire sold more than $134 billion worth of stocks in 2024. This is mainly due to the shrinking of Berkshire’s two largest equity holdings — Apple and Bank of America.

This is despite a massive increase in operating earnings reported by the conglomerate on Saturday. So Berkshire had massive earnings last year under Biden? Is that what you are telling me?

So clearly Buffet could see what was coming. Was he wrong?

 

[Muhammed]

In six short weeks, trump has taken an economy that was the best post-pandemic economy in the world and now has economist talking about a recession and a negative GDP.

How did you come to that stupid conclusion, TDS afflicted moron?

 

[Oddball]

Trump? Or Pelosi?

The Oracle of Omaha.

 

[Ringo]

The centers of world shipbuilding or the story of why the US wants to leave Europe and switch to Asia.
The US has 0.1% of the shipbuilding market. While Asia's big three account for 95.5% of shipyard capacity.

The deindustrialization of the West is officially over.

 

[John Edgar Slow Horses]

The centers of world shipbuilding or the story of why the US wants to leave Europe and switch to Asia.
The US has 0.1% of the shipbuilding market. While Asia's big three account for 95.5% of shipyard capacity.

The deindustrialization of the West is officially over.

And?

We have always had our inferior associate countries do the less desirable work.

 

[C_Clayton_Jones]

This is the worst start of any administration in recent memory

Trump is the worst president in U.S history.

Incompetent, lazy, and stupid, Trump is unfit to be president.

 

[JimH52]

JimH52

Trump is the worst president in U.S history.

Incompetent, lazy, and stupid, Trump is unfit to be president.

you Left out vindictive, cruel, and smelly.

 

[John Edgar Slow Horses]

JimH52

you Left out vindictive, cruel, and smelly.

You left out orangey, flatulent, and stumbling.

 

[citygator]

Total shit show. Market crashing again today.

 

[sealybobo]

And?

We have always had our inferior associate countries do the less desirable work.

Rupert Murdoch, a fan of the president is asking

‘Does He Understand Money?’: Rupert Murdoch’s Wall Street Journal Slams Donald Trump’s Intellect

Rupert Murdoch’s editorial writing team at the Wall Street Journal says America’s gold decor-loving, cash-carrying billionaire president doesn’t understand how money actually works. On Tuesday, U.S. consumer price inflation unexpectedly rose to 3 percent, prompting an excitable post from Donald...

www.yahoo.com

 

[Dirk the Daring]

That's NOT what you said when Trump won but wasn't president yet. You were pointing to the record high stock market.

NO, sorry you fucking lil bitch. The economy was adding 200,000 jobs a month. Last month Trump only added 70,000 and that's probably going to be adjusted down. And most of those jobs were hospitality jobs. In other words, not good jobs.

They said business leaders are like deer in headlights. They don't know what to do with Trump's uncertainty. Too unstable.

Okay so it is true that the auto industry wasn't expecting to have a good year this year selling cars but Biden/Kamala would have gotten us through the year without a fucking recession.

This reminds me of Bush 2. They claimed Clinton handed him a mess. A recession. But that tiny recession was not what led to the Great Recession. Bush's policies were harder on the middle class than was 9-11. But BOY did Bush use 9-11 as his excuse to

1. Lie us into a war
2. Give the rich tax breaks
3. Deregulate the banks so they wouldn't have enough cash on hand in case of any emergency that happened right on Bush's way out the door.

Talk about handing someone a mess. Then they complained that Obama wasn't doing a good enough job cleaning up the mess Bush handed him. Then Republicans said it wasn't Bush's fault. It was freddy mack and fanny may. It was Clinton. It was anyone other than the guy who was POTUS for the last 8 years.

I am genuinely curious, does the DNC mail your checks or are they deposited into your account directly? Or do you have to go pick them up somewhere...?

 

[Dirk the Daring]

The stock market is overvalued by no less than $5 trillion, from infusions of printed up loot from the Fed, no matter what falls out of the Orange God Emperor's mouth.

Quick quiz; who recently got out of the market and into cash to the tune of over $300 billion?

(emphatically raises hand)
I KNOW! PICK ME! I KNOW! PICK ME PICK ME!!!

 

[Orangecat]

MSN

In six short weeks, trump has taken an economy that was the best post-pandemic economy in the world and now has economist talking about a recession and a negative GDP. It seems that everything that trump touches goes up in smoke. He has started a trade war, even with our most reliable allies while rekindling his love affair with the murderer name Putin, He and musk are decimating the US government with insane employee cuts while the MAGA congress allows him to take their constitutionally authorized powers and trampled them under his feet. This is the worst start of any administration in recent memory.

Or perhaps you're just being lead around by a dishonest MSM.

 

[John Edgar Slow Horses]

I am genuinely curious, does the DNC mail your checks or are they deposited into your account directly? Or do you have to go pick them up somewhere...?

Get over it, Dick Dirk the Daring, you got your ass kicked.

 

[Dirk the Daring]

Get over it, Dick Dirk the Daring, you got your ass kicked.

I have absolutely no clue what you're talking about.