Dow dropping with the announcement that Canada is putting $155 Billion on goods. Plus they are ready to hit Northern red state that get their power from them. When are prices coming down?
https://apnews.com/article/stocks-markets-china-rates-inflation-72339ddf1ecb65d7815f4bb5272197d7
U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump 's election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.
The S&P 500 dropped 1.8% after Trump said there was "no room left" for negotiations that could lower the tariffs set to begin Tuesday for imports from Canada and Mexico. Trump had already delayed the tariffs once before to allow more time for talks.
But yeah, tariffs are good for the country...
price of copper wire up 25%. All right into Trumps pocket.
Remember Trump said that if Biden is elected the Stock Market will crash. The opposite happened. Now fast forward to today. DOW 30
-1.55%
-670.25
42,520.99 must of been talking about himself. and it's only going to get worse. Down 2400 under Trump. so much winning I can't take it. lol Glad I moved my money out on Jan 20th
A person in power could manipulate the stock market in such a way that people could get rich from the market dropping...
that's what the circuit breakers are suppose to stop
Worry and uncertainty about tariffs has wacked the stock market. Now below pre-election levels!
I don't care since I have no stock-market dependent investments
Even the value of bitcoin (which I do not and never would own) is 28% lower than its recent all time high. Wow.
trump is the "bitcoin President"? Good job Donald.
However I find it interesting to see more trump claims be huge lies.
"They" say things will be better eventually. Yes they probably will. Meanwhile.....
STOCK MARKET IS CRASHING DOW DOWN OVER 700 AND GOING LOWER.
Just like every business he has had. Going bankrupt.
Sure glad I pulled out of the market last Dec.
This was pretty easy to predict.
NASDAQ down twice as much as Dow (4%).
Even gold lost faith (down 1%).
Tweet from Trump 2012
If the Dow ever falls more than 1000 points in a single day. The sitting president should be loaded into a very big cannon and shot into the sun at TREMEDOUS SPEED no excuses.
And is blaming this on Biden and Hobby probably believes it.
load him up, Dow down over 1000. Just so much winning I can't stand it.
wait they show the new budget this week and their plan for Medicare and SS
See related thread about tariffs:
O'Reilly Message of The Day - Another day, another tariff. Or Tariff pause.
https://fantasysaloon.com/index.php?msg=27203
guess he escaped the cannon shot, only down 890
And Trump blames it on Kamala Harris. For real?
He's in power now. Time for him to stop being a pussy, blaming everyone else, and take responsibility.
There's a saying that may apply: put up or shut up.
Quote from: dogwalker on Mar 10, 2025, 05:26 PMAnd Trump blames it on Kamala Harris. For real?
He's in power now. Time for him to stop being a pussy, blaming everyone else, and take responsibility.
There's a saying that may apply: put up or shut up.
Trump is a perpetual victim. If he fails (as he often does) it must be someone else's fault. Always.
And he projects this victimization onto our country. He always has. Here's an interview from 1980 where he said we were being taken advantage of by other countries:
As I've been saying for 40 yrs. When Trump says something bad about someone, he is talking about himself.
Sociopath behavior.
Just like yesterday when he said we are going to so rich. This is not us. It's him and his buddies.
He had Russians buying the Crypto he put our money in to drive up the price. Only his policies caused it to lose 7% in 5 days.
Maybe it's easier than I thought. Reverse everything he says to get the truth.
Stock market taking hard hits don't know if Trump's tariffs are good idea. I think he should concentrate on ending the wars. Ending the wars will help our economy.
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LoginThese did not age well, but are true, and go directly to "There is always a tweet"...
Quote from: bats on Mar 10, 2025, 06:24 PMTrump is a perpetual victim. If he fails (as he often does) it must be someone else's fault. Always.
And he projects this victimization onto our country. He always has. Here's an interview from 1980 where he said we were being taken advantage of by other countries:
I disagree about Trumps assertion that a lack of respect for the U.S. led to the Iraq Iran war. Sunnis and the ShiĘżah have been at odds since the death of the Prophet Muhammad over 1,000 years ago. When Ruhollah Khomeini became the leader of Iran, replacing the secular monarchy of the Shah, creating a theocracy. Saddam Hussein had long disputed boundaries territorial claims previously conceded to Iran, going back to the time of withdrawal by the British.
Trump's assertion that if America was respected the hostages would not have been taken seems rooted in the concept, A Roman citizen could walk across the face of the known world free of the fear of being harmed. So great was the retribution of Rome, universally understood as certain, should any harm befall even one of its citizens.
Trump tariffs is reeking havoc on the stockmarket. Stockmarket is a disaster right now. Not good!
everything you buy in an aluminum can just went up
The stockmarket is dropping like a ball bouncing down a flight of stairs. I do agree that fixing the trade deficit is important to our economy and long overdue I just think some of the measures Trump is taking is or will hurt our economy in the short term. We should know by end of this summer if Trump is doing right for economy.
I don't see how any of this can work to the average American's benefit.
We have a trade deficit for a reason.
We are the richest nation so we can afford it.
We are a consumption society. We buy wayyyyy too much crap we don't need.
When those are not the case we may have a trade surplus.
Yes we are being "ripped off" as trump says-----by ourselves.
Our exports are $3T and our imports are $4T.
Not a huge difference in terms of fold or % amounts but it's a $1T deficit every year.
If we export $1T more or import $1T less or some mixture of those
then we would have no trade deficit.
I think that's best done by producing more and/or importing less.
Tariffs may result in fewer imports BUT we (the importers) may pay for that.
That could fix the trade deficit but hurt the average person.
We can't produce any more from current factories. As a whole they are near maximum capacity.
Reshoring companies would increase capacity. Shouldn't result in lower prices though.
Overall tariffs seem like a lose-lose situation to me.
Countries exporting to us lose because the price of their products is higher (so demand drops) or they have to cut into profits (if they have any) to pay the tariff.
We lose at least short term because prices of our imports are higher.
Now every country we put tariffs on also puts reciprocal (and escalating) tariffs on us.
I don't see how that is useful.