Markets plunge on the News of Trump's Global Tariffs

[EvilEyeFleegle]

Lessee....all markets pushing the 5% loss range..and the day is early.

https://www.marketwatch.com/market-data/us

 

[dudmuck]

Lessee....all markets pushing the 5% loss range..and the day is early.

https://www.marketwatch.com/market-data/us

 

[Meister]

Lessee....all markets pushing the 5% loss range..and the day is early.

https://www.marketwatch.com/market-data/us

Yeah, and......?
I don't think that was a surprise to anyone who follows the stock market.

 

[1srelluc]

Seems like it's already recovering from two hours ago.....Looks like they cleared out the chumps early.

 

[John Edgar Slow Horses]

Yeah, and......?
I don't think that was a surprise to anyone who follows the stock market.

The surprise is the stupidity of those who think it is acceptable a risk.

 

[1srelluc]

A bump in the road while headed in the right direction....Just look at the Ten year market. This is a buying opportunity. The world is not ending or even changing.

Currently up 400 from the morning low.

Cheer-up!

 

[Meister]

The surprise is the stupidity of those who think it is acceptable a risk.

It is an acceptable risk. Not sure why you think that.

 

[John Edgar Slow Horses]

It is an acceptable risk. Not sure why you think that.

For whom? Not for me, of course, but 90% of our citizens have no idea what is going on, and now we will go into a recession.

Even Santelli and Vittert (Magaites) know it and are not happy at all.

 

[Meister]

For whom? Not for me, of course, but 90% of our citizens have no idea what is going on, and now we will go into a recession.

Even Santelli and Vittert (Magaites) know it and are not happy at all.

Okay, not you, do you see the managers of the 401K's bailing? No?

I have no idea who Santelli and Vittert even are.

I'll just sit and hold what I have and reap the dividends.
I'm looking at some stocks to buy, great opportunity.

 

[Winco]

This is a buying opportunity. The world is not ending or even changing.

Under Biden's term.....The cult was SCREAMING....."Nobody can afford Food, Gas or Housing."
Now, with no additional income, you think this is a buying opportunity for these people?

Oh how your narrative changes to meet your agenda.

 

[Meister]

Under Biden's term.....The cult was SCREAMING....."Nobody can afford Food, Gas or Housing."
Now, with no additional income, you think this is a buying opportunity for these people?

Oh how your narrative changes to meet your agenda.

Not sure what you're talking about?
With the market down, it is a very good opportunity to purchase some solid blue chip stocks.

 

[Winco]

Not sure what you're talking about?
With the market down, it is a very good opportunity to purchase some solid blue chip stocks.

That's true for some people.
But wasn't the cult screaming about "Nobody can afford Gas, Food, or Housing" under biden's term?
Now you want these same poor people to use the down market as "A buying Opportunity."

I'm not talking about you, I'm talking about the fake outrage when Biden was POTUS, and how the RW trump cult actually tried to say that they cared about the low income.
Now, it's all about you.

 

[John Edgar Slow Horses]

Okay, not you, do you see the managers of the 401K's bailing? No?

I have no idea who Santelli and Vittert even are.

I'll just sit and hold what I have and reap the dividends.
I'm looking at some stocks to buy, great opportunity.

But most are not as economically literate as you and me, and we are not in danger of losing employment. This is going to hurt the great majority of the country. And this nonsense has brought down the GOP before.

MSN

www.msn.com

 

[22lcidw]

Under Biden's term.....The cult was SCREAMING....."Nobody can afford Food, Gas or Housing."
Now, with no additional income, you think this is a buying opportunity for these people?

Oh how your narrative changes to meet your agenda.

All of that legislation. All of the dollars printed up. If Trump fails, we will eventually fail. For China will rule the planet. And we will have funded or own demise. And this does not bother you at all.

 

[C_Clayton_Jones]

The surprise is the stupidity of those who think it is acceptable a risk.

What isn't a surprise is the stupidity of Trump voters.

 

[egp320i]

sometimes it's best to not tinker with the economy if it's doing well.

after hours most stocks are up but 20 cents, not 2 bucks or more but it's a start, maybe tomorrow will be mostly buyers

 

[EvilEyeFleegle]

Lessee....all markets pushing the 5% loss range..and the day is early.

https://www.marketwatch.com/market-data/us

..and the steep decline continues. Recession looms:

https://www.marketwatch.com/story/jpmorgan-now-says-theres-a-60-chance-of-a-recession-after-tariff-hikes-a130b3e8?mod=bulletin_ribbon

Jamie Dimon finally has his hurricane. JPMorgan’s economics team has just raised their recession probability to 60% following the aggressive tariff stance announced by U.S. President Donald Trump.

In a note entitled, “there will be blood,” chief economist Bruce Kasman and his team said this year’s 22-percentage tariff increase amounts to the largest tax hike since 1968.

“The effect of this tax hike is likely to be magnified — through retaliation, a slide in U.S. business sentiment, and supply chain disruptions. The shock is likely to be only modestly dampened by the flexibility tariff hikes afford for further fiscal policy easing,” they say.

They aren’t make immediate changes to forecasts as the initial implementation — and possible negotation — take hold. “However, we view the full implementation of announced policies as a substantial macroeconomic shock not currently incorporated in our forecasts. We thus emphasize that these policies, if sustained, would likely push the U.S. and possibly global economy into recession this year,” they say.