John Edgar Slow Horses
Diamond Member
- Apr 11, 2023
- 53,995
- 25,134
- 2,488
- Banned
- #61
Oil is down about 17% since last Thursday.Unfortunately it might be the final death blow to agriculture in this country. Let the starving begin.
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Oil is down about 17% since last Thursday.Unfortunately it might be the final death blow to agriculture in this country. Let the starving begin.
Well, we are entitled to our own opinions not our own facts.Oil surged after the US struck Iran's three main nuclear sites and threatened further attacks, exacerbating a crisis in the Middle East and stoking concerns that energy supplies from the region could be disrupted. Global benchmark Brent rallied as much as 5.7% to $81.40 a barrel, extending three weeks of gains.
Oil Soars as Trump's Attack on Iran Boosts Risks to Supplies
JPMorgan analysts warned earlier this month that a full-blown military conflict and a closure of the strait could hike prices as high as $130 per barrel. That would probably push prices at the pump in the U.S. up by more than $1 from where they are now.
Every action has a reaction and the bliss that the Right is experiencing right now because Trump bombed Iran has consequences, which in this case, are likely to be felt in the pocketbook of all Americans.
Didn't Trump promise to lower inflation with "drill baby, drill"? Well, the fact is that he just drilled his own promise into the ground.
He started no "official" war. Congress has to declare war and we have not been in an "official" war since WWII. At most, he joined a conflict already in existence.Because he started an official war at a time when Iran was ready to have it resolved diplomatically with less consequences possible
Oh, Trump bombs them, then he is in their corner and lashing out at Netanyahu is somehow consistent? I disagree.
Well, we are entitled to our own opinions not our own facts.
Fortunately, we avoided a crash. The biggest crash we have recently had was under Joe Biden in 2022. It was brutal man. So much for any market crash this year the S&P 500 was down about 19.4% for that year.
I was worried about another crash when we struck Iran which by the way we should not have done. But the markets are doing OK in fact SP 500 has risen since the attack.
You have not a clue. We have done very well in the markets since the end of 2020.Yeah, Democrats seem to forget all about 2022. Those invested in the S&P lost a ton that year.
Democrats are missing the boat again on the economy. Inflation is not going to skyrocket and GDP will grow. In short, their “experts” are wrong again. The only caveat to this is terrorist attacks within the US in large part due to Biden’s open border policy allowing anyone and everyone to waltz across our Southern border. My guess is that if Iran activated these sleeper cells, Trump, unlike Biden, would let Iran know in no uncertain terms that their country will pay the price if they don’t put it to an end.
"joined" is the same thing as being in an "official" war. when 1 country directly ATTACKS another country, it is considered and act of war. Are you saying that when Japan attacked Pearl Harbor, it meant we "joined" a conflict or we were in a war against Japan?He started no "official" war. Congress has to declare war and we have not been in an "official" war since WWII. At most, he joined a conflict already in existence.
You have not a clue. We have done very well in the markets since the end of 2020.
2022 was horrible. Where were you? The S&P was down 18%, the Russell 200 was down 20%, etc. Clearly you aren’t an investor.
The problem with your post is that you are comparing apples to oranges.Yeah, Democrats seem to forget all about 2022. Those invested in the S&P lost a ton that year.
Democrats are missing the boat again on the economy. Inflation is not going to skyrocket and GDP will grow. In short, their “experts” are wrong again. The only caveat to this is terrorist attacks within the US in large part due to Biden’s open border policy allowing anyone and everyone to waltz across our Southern border. My guess is that if Iran activated these sleeper cells, Trump, unlike Biden, would let Iran know in no uncertain terms that their country will pay the price if they don’t put it to an end.
I made a bundle from my portfolio in 2020 and did well in 2022. There is a reason I live as well as I do.2022 was horrible. Where were you? The S&P was down 18%, the Russell 200 was down 20%, etc. Clearly you aren’t an investor.
From Trump's OWN Intelligence group. Are they lying too?This is why democrats are in the wilderness. They have been lying so much that they cannot grasp that there is a truth.
We had democrat Sunday lies, now for Wednesday truth. https://www.cnbc.com/2025/06/24/oil-prices-today-iran-israel-ceasefire.html
I made a bundle from portfolio. There is a reason I live as well as I do.
1. You said "started". Words mean things. You can now admit you were wrong and that TRUMP! didn't start a war."joined" is the same thing as being in an "official" war. when 1 country directly ATTACKS another country, it is considered and act of war. Are you saying that when Japan attacked Pearl Harbor, it meant we "joined" a conflict or we were in a war against Japan?
.1. You said "started". Words mean things. You can now admit you were wrong and that TRUMP! didn't start a war.
2. We did not "start" WWII. We entered a conflict already in progress after Japan attacked Pearl Harbor.
The problem with your post is that you are comparing apples to oranges.
In 2022, this what happened
AI Overview
In 2022, the stock market experienced a significant downturn, with the S&P 500 falling by nearly 20%, largely due to a combination of high inflation, rising interest rates, and geopolitical instability. The Federal Reserve's aggressive interest rate hikes to combat inflation, coupled with the war in Ukraine, created uncertainty and dampened investor confidence. These factors led to a decline in growth stocks and a broader sell-off across various asset classes.
That was a worldwide problem that was originally created because of the pandemic. It was not a PREVENTABLE scenario.
The stock market fell 20% this year exclusively because of Trump's actions, which were PREVENTABLE.
Big difference and as such, cannot be compared.
| Stoxx Europe 600 | –12% |
| EURO STOXX 50 | –11.7% |
| DAX | –12.5% |
| CAC 40 | –9.5% |
| AEX | –13.6% |
| IBEX 35 | –5.6% |
| OMX Stockholm 30 | –15.6% |
| Index | 2022 Return |
|---|---|
| S&P 500 (total return) | –17.8 % |
| DJIA | –8.7 % |
| Nasdaq Composite | –33 % |
| Russell 2000 | –20.4 % |
I said it was a good year for me. Pay attention.I live well also, but to claim that 2022 was a good year for the markets is wrong. If you you had foresight and shorted some stocks, sure, but for the average investor, it was a very bad year.
You did not understand what I said. It was Japan that bombed the U.S. and we retaliated. In this case, it was Trump that bombed Iran and as such, we can expect retaliation from them, meaning Trump STARTED this war.1. You said "started". Words mean things. You can now admit you were wrong and that TRUMP! didn't start a war.
2. We did not "start" WWII. We entered a conflict already in progress after Japan attacked Pearl Harbor.