I'm predicting the DJIA rising 10% by Summer. Mark it down.

[John Edgar Slow Horses]

And your apology is accepted. Fricking 3000 point rise today.

... because he backed down. He would have been hammered in the polls, so bigly, if he had not.

I am a bit surprised he did retreat. Maybe these advisers offered him cheeseburgers.

Mashmont surrendered also.

 

[Mashmont]

Hey

... because he backed down. He would have been hammered in the polls, so bigly, if he had not.

I am a bit surprised he did retreat. Maybe these advisers offered him cheeseburgers.

Mashmont surrendered also.

Biggest stock market day in history. Trump clowns his critics. This is oh, so sweet!!

 

[Zincwarrior]

Market up 3000 today. When will you people EVER learn?

Still down for the week, the month, the year. We are already in the Trump recession.

 

[John Edgar Slow Horses]

Hey

Biggest stock market day in history. Trump clowns his critics. This is oh, so sweet!!

Only because he pulled WAY BACK on his morning rants.

 

[debbiedowner]

And your apology is accepted. Fricking 3000 point rise today.

It wasn't up 10% from what it was when you orginally posted this thread and just a minute ago at 834AM Thursday it was down 700. Pump and dump.

 

[Admiral Rockwell Tory]

Why would I sell and lock in losses? I don't can afford to wait.

English please.

 

[CrazyTrader55]

If you want to make money on the downside, buy some DRV. But buy it after it's dropped in price like I did yesterday. 100 shares flipped today for roughly a $200 profit. DRV will move up when real estate prices go down. Mortgage rates are up to above 7% again plus there is plenty of other bad news out there. DRV and others like it are meant as fairly short term holds.

 

[Zincwarrior]

DJ is currently down 1,000 points.

 

[John Edgar Slow Horses]

DJ is currently down 1,000 points.

Time to buy.

 

[Flopper]

70 countries have envoys in DC right now to discuss tariffs. Trump did that.

The retaliating countries are China, EU, and Canada which represent 42% of US imports. Most of the countries ready to capitulate to Trump are countries that have a very small percent of US imports and high trump tariffs. The largest importers in the group, are South Korea at 3.4% which will be a problem and Japan at 3.3%. All tolled, I suspect Trump will have only about 50% of US imports covered by new deals by summer.

 

[Flopper]

Interest rates rocketed higher yesterday.

Normally they do the opposite in a recession.

Potentially several causes:
1. The world has lost confidence in our bonds.
2. The market is demanding higher rates because it's expecting high inflation.
3. The main reason countries buy US bonds is to collateralize trade with us, so no trade means we get to finance our own debt as well as make our own socks.

Trump opens his mouth, the markets go down, inflation goes up, and recession stalks closer.

Who here won't be hurt. I can handle it because I began preparing my finances at 16.

Since the US initiated a trade war that does not look like it is going to end quickly, it seems logical that investors seeking a safe haven for cash would bypass the typical investment, US treasuries. Short term AAA bonds looks like a good alternative.

 

[Mashmont]

The retaliating countries are China, EU, and Canada which represent 42% of US imports. Most of the countries ready to capitulate to Trump are countries that have a very small percent of US imports and high trump tariffs. The largest importers in the group, are South Korea at 3.4% which will be a problem and Japan at 3.3%. All tolled, I suspect Trump will have only about 50% of US imports covered by new deals by summer.

They need us more than we need them.

 

[John Edgar Slow Horses]

They need us more than we need them.

We need each other.

 

[Flopper]

They need us more than we need them.

No, it's mutual need particular in regard to China. Trade in both countries is near the same percentage of GDP.

The growing self sufficiency of China and a long history of persevering during periods of economic hardship makes if very unlike that the public will be able to change the course of the central government. Couple that with the fact that China's president and the governing party will be in control long after Trump is gone.

By contrast Trump has at most 4 years to resolve his tariff war, possibly only 2 years.

China is not going to give in to the US because, they don't have to.

 

[abu afak]

As you may recall, Mashie called the 2024 election, predicting that Trump would win easily. I also called the Super Bowl, missing the score only by a handful of points.
And now, I'm predicting a 46000 DOW by summer. Trump's great plan starts to gain traction and kick in. He predicted things would be a little hard at first. The left, of course jumps on every down day in the stock market, while saying nothing when it rises. We have all these articles citing Trump's failures, blah blah, his disgruntled supporters, blah blah Those stories will disappear from the internet come summer. Not a trace of them to be found. The leftwing media will be on to some other talking point to try to undermine Trump's great success. Of course if things get too successful, the leftwing meme will be 'greed'. Remember the 'Decade of Greed'? That was Reagan's unprecedented economic success.

Let's see how it plays out.

Who wants to take this prediction on (and have to apologize in a few months?) Anyone?

Trumpov won by only 1.4% of the pop vote and didn't even get 50% of the vote beating a Replacement candidate who was probably the worst fielded by the Dems since they REALL lost big maybe 50 yrs ago.
`

 

[Flopper]

No, it's mutual need particular in regard to China. Trade in both countries is near the same percentage of GDP.

The growing self sufficiency of China and a long history of persevering during periods of economic hardship makes if very unlike that the public will be able to change the course of the central government. Couple that with the fact that China's president and the governing party will be in control long after Trump is gone.

By contrast Trump has at most 4 years to resolve his tariff war, possibly only 2 years.

China is not going to give in to the US because, they don't have to.

Just in. Trump just announced he's decreasing tariffs on Chinese smart phones, laptops and other electronics so the ball is in China's court. Don't expect China to come even close to eliminating the trade deficit.

 

[Mashmont]

No, it's mutual need particular in regard to China. Trade in both countries is near the same percentage of GDP.

The growing self sufficiency of China and a long history of persevering during periods of economic hardship makes if very unlike that the public will be able to change the course of the central government. Couple that with the fact that China's president and the governing party will be in control long after Trump is gone.

By contrast Trump has at most 4 years to resolve his tariff war, possibly only 2 years.

China is not going to give in to the US because, they don't have to.

China has higher tariffs and has used dishonest means to avoid buying our goods. For example they’ve claimed chemical contamination of our soybeans when such was impossible, then refused to accept them. They continually ignore our agreements. If you think the status quo will change anything you’re mistaken. Trump knows their intent is to wait us out. That’s why his tariff is very high. He’s going to put the screws on them for as long as he can or has to. It’s the only way. But unlike with Obama, this guy won’t give away the store

 

[Toddsterpatriot]

Still down for the week, the month, the year. We are already in the Trump recession.

Despite the tumultuous week, the three major averages notched solid gains in the period. The S&P 500 posted a 5.7% advance for its best week since November 2023. The Nasdaq rose 7.3% during the week for its best performance since November 2022. The Dow gained nearly 5% over the week.

https://www.cnbc.com/2025/04/10/stock-market-today-live-updates.html

 

[Toddsterpatriot]

No, it's mutual need particular in regard to China. Trade in both countries is near the same percentage of GDP.

The growing self sufficiency of China and a long history of persevering during periods of economic hardship makes if very unlike that the public will be able to change the course of the central government. Couple that with the fact that China's president and the governing party will be in control long after Trump is gone.

By contrast Trump has at most 4 years to resolve his tariff war, possibly only 2 years.

China is not going to give in to the US because, they don't have to.

Trade in both countries is near the same percentage of GDP.

How much does each export/import as a percentage of GDP?

 

[Mashmont]

Still down for the week, the month, the year. We are already in the Trump recession.

Up for the week last week, down 1900 for year. Big whoop. And yet you're getting a recession out of that?