Investing Thread

[MU82]

The Supreme Court bars the White House occupant from firing Fed governor Lisa Cook.

https://seekingalpha.com/news/4608128-supreme-court-rejects-trumps-bid-to-fire-lisa-cook-as-her-suit-proceeds

Stock market is up today.

[Uncle Rico]

https://bsky.app/profile/bencollins.bsky.social/post/3mpkefhsvok2s

Heckuva system, Brownie

[TSmith34, Inc.]

There are a good numbers of small investors/fools/MAGAs that got swindled, sure, but the majority of the depicted losses aren't losses at all. They are corporations that paid bribes and got rewarded with $50B of new contracts, and very wealthy individuals that secured commutations/pardons/get out of jail free cards.




Astonishing grift--get bribed $2.3B and then use U.S. Treasury dollars to pay off the doners.

[MU82]

And yet the easily duped cultists talk about how they love the way their cult leader is going after fraud.

[Uncle Rico]

And yet the easily duped cultists talk about how they love the way their cult leader is going after fraud.

Well, "fraud" by non-white people

[TallTitan34]

https://x.com/chrisdmowrey/status/2072098606782529707?s=46

[jesmu84]

https://x.com/chrisdmowrey/status/2072098606782529707?s=46

The most corrupt administration in the history of the US and it isn't close.

[Jay Bee]

Another high for the DOW today.

[Uncle Rico]

Another high for the DOW today.

Gas is the highest it's been on the 4th of July since 1922.  Oil companies raking in profits.

[Jay Bee]

Gas is the highest it's been on the 4th of July since 1922.  Oil companies raking in profits.

#FakeNews #Lies

Also, WILDLY lower than other years on a CPI-adjusted basis.

Bloated governments raking in tax money to throw at stupid sh1t that we should not be paying for.

[Uncle Rico]

#FakeNews #Lies

Also, WILDLY lower than other years on a CPI-adjusted basis.

Bloated governments raking in tax money to throw at stupid sh1t that we should not be paying for.

Not fake news.  Highest since 2022.  Fiscal conservatism failing the Americam family again while the rich get richer.  Sad!

Also, using expletives is strictly forbidden on scoop.  You should be banned.

[MU82]

#FakeNews #Lies

Bloated governments raking in tax money to throw at stupid sh1t that we should not be paying for.

Yup. Like $200B for an unnecessary war that accomplished nothing, and a "gift" jet from Qatar that cost taxpayers $500M to retrofit and that the Grifter will get to keep using after he leaves office, and $500M for a ballroom only one American wants, and hundreds of millions of dollars for a grotesque arch that will cast a shadow over Arlington Cemetery, and ...

[Jay Bee]

Yup. Like $200B for an unnecessary war that accomplished nothing, and a "gift" jet from Qatar that cost taxpayers $500M to retrofit and that the Grifter will get to keep using after he leaves office, and $500M for a ballroom only one American wants, and hundreds of millions of dollars for a grotesque arch that will cast a shadow over Arlington Cemetery, and ...

True!

[TSmith34, Inc.]

Jobs

June: +57,000
April, May revisions: -74,000

Trump 2.0: 37,000/month average

ETTD

[MU82]

From the WSJ:

President Trump's "Liberation Day" tariffs in April 2025 pushed financial markets into a tailspin, sending Wall Street and everyday investors scrambling to shield themselves from the fallout.

Trump's money managers were also busy. In a series of trades on April 3 and April 4—the days after Trump announced global tariffs in the Rose Garden—his investment accounts bought and sold hundreds of individual stocks, according to financial disclosures released this week.

The strategy shifted somewhat on April 8, when his accounts only purchased 327 individual stocks, spending more than $3.6 million to scoop up Apple, Berkshire Hathaway and other blue chips. There was no selling that day.

Trump posted on social media the next morning that it was "a great time to buy" and paused much of his tariff regimen that afternoon. Markets boomed.

https://www.wsj.com/finance/stocks/trumps-brokerage-accounts-made-big-trades-around-liberation-day-tariffs-06e92290

[Uncle Rico]

From the WSJ:

President Trump's "Liberation Day" tariffs in April 2025 pushed financial markets into a tailspin, sending Wall Street and everyday investors scrambling to shield themselves from the fallout.

Trump's money managers were also busy. In a series of trades on April 3 and April 4—the days after Trump announced global tariffs in the Rose Garden—his investment accounts bought and sold hundreds of individual stocks, according to financial disclosures released this week.

The strategy shifted somewhat on April 8, when his accounts only purchased 327 individual stocks, spending more than $3.6 million to scoop up Apple, Berkshire Hathaway and other blue chips. There was no selling that day.

Trump posted on social media the next morning that it was "a great time to buy" and paused much of his tariff regimen that afternoon. Markets boomed.

https://www.wsj.com/finance/stocks/trumps-brokerage-accounts-made-big-trades-around-liberation-day-tariffs-06e92290

What about Nancy Pelosi?

[TSmith34, Inc.]

What about Nancy Pelosi?

Chuck Schumer is scribing a letter as we speak, and I can guarantee you it will be strongly worded. Very strongly.

[MU82]

Donald Trump Jr. helped take an online retailer known as the "Amazon of guns" public last year. Now, GrabAGun (PEW), where the U.S. president's son is a shareholder and board member, could reportedly reap a windfall from a proposed rule change at Trump's Bureau of Alcohol, Tobacco, Firearms, and Explosives that would make it easier to ship guns directly to people's homes.

https://seekingalpha.com/news/4609806-trump-jrs-amazon-of-guns-could-make-millions-under-new-proposed-firearm-rule-reuters-reports#comment-103069705

Thank goodness ... we need more guns in America, and we need every man, woman and child to be able to get them easily.

And it goes without saying that we everyday Americans need the nation's leading crime family to personally profit from governmental policy changes. That's just science.