Trump Recession

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  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 30218

    #46
    For the Presement family, regular winter residents in Fort Myers, the political landscape has left them regretting their decision to visit Florida. “The truth of the matter is if I hadn't prepaid everything and wasn't here and your weather wasn’t so damn nice. I'd go home now,” said Barry Presement to Gulf Coast News. He and his wife Ruth have no plans to return next winter. "If we travel at all, it won’t be here," Ruth said. "For sure, it won’t be here. We’ll go elsewhere."


    The PAIN is coming

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    • Mako
      Senior Tech

      500+ Posts
      • Jan 2025
      • 791

      #47
      Originally posted by bsm2
      For the Presement family, regular winter residents in Fort Myers, the political landscape has left them regretting their decision to visit Florida. “The truth of the matter is if I hadn't prepaid everything and wasn't here and your weather wasn’t so damn nice. I'd go home now,” said Barry Presement to Gulf Coast News. He and his wife Ruth have no plans to return next winter. "If we travel at all, it won’t be here," Ruth said. "For sure, it won’t be here. We’ll go elsewhere."


      The PAIN is coming
      LOL!!!!!!!

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      • bsm2
        IT Manager

        25,000+ Posts
        • Feb 2008
        • 30218

        #48
        The S&P 500 fell 4% shortly after trading started Monday, officially putting the benchmark index into bear market territory. It later reversed some of those losses. But if the market closes the way it opened, Monday could be a truly historic day in the stock market — and not in a good way.

        If the S&P were to close down more than 4% on Monday, it would be the third consecutive trading day it has posted declines of more than 4%. And that would be the first time the S&P 500 has suffered three consecutive drops of more than 4% in almost a century, since the 1929 stock market crash that marked the onset of the Great Depression.

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        • Copier Addict
          Aging Tech

          Site Contributor
          10,000+ Posts
          • Jul 2013
          • 14726

          #49
          Originally posted by bsm2
          The S&P 500 fell 4% shortly after trading started Monday, officially putting the benchmark index into bear market territory. It later reversed some of those losses. But if the market closes the way it opened, Monday could be a truly historic day in the stock market — and not in a good way.

          If the S&P were to close down more than 4% on Monday, it would be the third consecutive trading day it has posted declines of more than 4%. And that would be the first time the S&P 500 has suffered three consecutive drops of more than 4% in almost a century, since the 1929 stock market crash that marked the onset of the Great Depression.
          And I heard this morning that trumpy has caused over $9 trillion to simply disappear. Who know he was also a magician?

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          • BillyCarpenter
            Field Supervisor

            Site Contributor
            10,000+ Posts
            • Aug 2020
            • 16391

            #50
            Originally posted by Copier Addict

            And I heard this morning that trumpy has caused over $9 trillion to simply disappear. Who know he was also a magician?
            Let me explain how this works. Investors haven't lost one red cent until they sell.
            Adversity temporarily visits a strong man but stays with the weak for a lifetime.

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            • slimslob
              Retired

              Site Contributor
              25,000+ Posts
              • May 2013
              • 37489

              #51
              Originally posted by BillyCarpenter

              Let me explain how this works. Investors haven't lost one red cent until they sell.
              I have a feeling that liberals like Warren Buffett are deliberately making large volume selloffs to crash the market and then buying back a few ar a time at the depressed price. And then can take a tax write-off for the on paper losses he really didn't lose.

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              • bsm2
                IT Manager

                25,000+ Posts
                • Feb 2008
                • 30218

                #52
                Economists now say a dire economic slowdown has already begun ‘The economy is headed for a sharp downturn. Layoffs will surge,’ says Carl Weinberg, chief U.S. economist at High Frequency Economics

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                • Copier Addict
                  Aging Tech

                  Site Contributor
                  10,000+ Posts
                  • Jul 2013
                  • 14726

                  #53
                  Originally posted by slimslob

                  I have a feeling that liberals like Warren Buffett are deliberately making large volume selloffs to crash the market and then buying back a few ar a time at the depressed price. And then can take a tax write-off for the on paper losses he really didn't lose.
                  I have a feeling that trumpy has no clue what he is doing except that he knows he has to raise a bunch of money for his handouts for the billionaires and tariffs are the fastest way to do that.
                  I also have a feeling that magatrons would stay in a burning building if trumpy told them it was the safest place for them.

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                  • bsm2
                    IT Manager

                    25,000+ Posts
                    • Feb 2008
                    • 30218

                    #54

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                    • bsm2
                      IT Manager

                      25,000+ Posts
                      • Feb 2008
                      • 30218

                      #55
                      China hikes tariffs on U.S. goods to 84%, as EU also retaliates against Trump tariffs

                      Are we Winning.yet?.

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                      • Mako
                        Senior Tech

                        500+ Posts
                        • Jan 2025
                        • 791

                        #56
                        Originally posted by bsm2
                        Only took 49 for the Trump Administration to crash the US economy
                        US stocks drop after Trump says he won’t rule out a recession
                        Just look at you rooting for a recession.

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                        • BillyCarpenter
                          Field Supervisor

                          Site Contributor
                          10,000+ Posts
                          • Aug 2020
                          • 16391

                          #57
                          Markets News, April 9, 2025: Dow Jumps 3,000 Points, Nasdaq Soars 12% as Trump Pauses Tariffs; S&P 500 Has Best Day Since 2008

                          Adversity temporarily visits a strong man but stays with the weak for a lifetime.

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                          • Copier Addict
                            Aging Tech

                            Site Contributor
                            10,000+ Posts
                            • Jul 2013
                            • 14726

                            #58
                            Originally posted by BillyCarpenter
                            Markets News, April 9, 2025: Dow Jumps 3,000 Points, Nasdaq Soars 12% as Trump Pauses Tariffs; S&P 500 Has Best Day Since 2008

                            https://www.investopedia.com/dow-jon...92025-11711763
                            Yes, hail the imbecile in chief for fixing the problem he started! What a buffoon.
                            Thanks trumpy for bowing to the pressure.

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                            • bsm2
                              IT Manager

                              25,000+ Posts
                              • Feb 2008
                              • 30218

                              #59
                              Belgium asks Italy to produce its future F-35 fighter jets as alternative to US assembly line in Texas.

                              Hey it's only a 4 Billion dollar contract

                              Kiss it good by

                              Yep Trump did that

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                              • bsm2
                                IT Manager

                                25,000+ Posts
                                • Feb 2008
                                • 30218

                                #60
                                About 300 abattoirs in the United States still have not had their export licences renewed to export beef to China — and it seems Australia is filling the gap.

                                Before Donald Trump's "Liberation Day" tariff hikes, American beef exporters were already facing problems with their third-largest market.

                                According to the US Meat Export Federation, American pork and poultry plants had their export registrations with China renewed on March 16, but China "had still not renewed the eligibility of any US beef establishments".

                                "The majority of US beef production is now ineligible for China," it said.

                                "This impasse definitely hit our March beef shipments harder and the severe impact will continue until China lives up to its commitments under the Phase One Economic and Trade Agreement."

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