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forgetful

Quote from: reinko on April 06, 2025, 12:05:44 PMI for one can't wait to work 16 hours a day working in an iPhone factory putting in tiny little screws, the real American dream.

https://x.com/atrupar/status/1908895557973598536?s=46

I honestly thought that this twitter post was satire, or AI, until I followed up on it and confirmed it is real. Crazy.

GB Warrior

Quote from: forgetful on April 06, 2025, 12:27:50 PMI honestly thought that this twitter post was satire, or AI, until I followed up on it and confirmed it is real. Crazy.

Glad my small children will be gainfully employed thanks to their tiny fingers.

reinko

Quote from: GB Warrior on April 06, 2025, 12:54:09 PMGlad my small children will be gainfully employed thanks to their tiny fingers.

I'm gonna be like Buddy the elf falling behind on his quota of Etch A Sketches.

forgetful

I'm not going to post it here, because it might be construed as more politics than completely economics.

But if people are interested in a laugh, look up the video/meme using a clip from "Step Brothers" to parody what is going on right now in the market.

SoCalEagle

Here are some comments on the tariffs by David Bahnsen.  If you don't know him, he is a conservative (are there any left?) who supports almost every right of center cause I have ever heard him speak about:

You were lied to.  Period point blank.  You were told tariffs were coming to "even the playing field" and deal with "fairness" - but what was announced is the exact opposite of reciprocity. 

There is a reason we bring principles to a battle, and don't decide to make them up as we go.  I am begging those who still believe in the conservative philosophy to remember what we once believed in.

We can drive economic prosperity for all by removing impediments to growth.  We cannot and will not tax our way (i.e. tariff) to prosperity.


MU Fan in Connecticut

Quote from: TSmith34, Inc. on April 06, 2025, 10:19:30 AMF'ing penguins, man, they deserve it.

Damn Skipper, Sargent and Kowalski!



Pakuni

The futures open was not great.

MU82

To put it mildly.

Down 4-5%.

Need to decide if I want to do a little more shopping or chill for a day or two. Looks like this bear might have legs.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell

reinko

Losing 9T in market cap to close 1T trade deficit is just highest form of self own.

But hey $3.50 gas and $4 eggs.

forgetful

Quote from: MU82 on April 06, 2025, 05:24:54 PMTo put it mildly.

Down 4-5%.

Need to decide if I want to do a little more shopping or chill for a day or two. Looks like this bear might have legs.

Maybe they'll pop up on Tuesday when everyone that shorted the market Thurs/Fri/Mon start covering their shorts.


Frenns Liquor Depot


The Sultan

"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

GB Warrior

Switch definitely getting flipped tomorrow


The Sultan

This is someone who used to work for the Heritage Foundation, served as a chief economist for a Republican senator, and worked on Rubio's and Romney's election campaigns.

What a disaster.

https://x.com/JessicaBRiedl/status/1909044326706864395
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

Skatastrophy

Success for them is building a sovereign wealth fund, I bet. That would empower and benefit them the most, so that is their most likely course of action.

Talking about the Scoop mods here.

TSmith34, Inc.

Quote from: Pakuni on April 06, 2025, 06:30:49 PMWhen you've lost Bill Ackman ...

https://thehill.com/homenews/administration/5235232-ackman-warning-trump-tariffs/

It was all the way back to Friday that Ackman was pleading with countries to immediately call Trump and ask for a deal, i.e., capitulate. Guess the tech-bros didn't let him in on their plan.
If you think for one second that I am comparing the USA to China you have bumped your hard.

MU82

Ackman and others of his ilk are very upset that the candidate they supported is doing exactly what he spent years saying he'd do.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell

Jockey

Quote from: MU82 on April 06, 2025, 09:52:04 PMAckman and others of his ilk are very upset that the candidate they supported is doing exactly what he spent years saying he'd do.

Ackman simply thought he had an inside track to be of the select oligarchs. He could care less what happens to anyone's money other than his own.

We give way too much credence to these Wall Street creeps. They have no moral or political values. Just greed.

Uncle Rico

Welcome to Orange Monday
Guster is for Lovers

rocky_warrior

Quote from: MU82 on April 04, 2025, 12:16:32 PMAt least that's how I'm approaching things as an investor. If I'm wrong, then my kids' inheritance will be a little smaller.

I wish all y'all good fortune.

I reached out my arms to catch some falling knives this morning.  I'm a little bloody, but like you, expect those buys will eventually look good.  Or not...

dgies9156

Another day... another battering.

When will it end?

As other posters cited, there is no clear end line to the tariff battle. It's like the Vietnam War -- we kept fighting -- for what???

When the governing powers in this country wake up, someone should tell them they were elected to repair the economy. Not destroy it! One can reasonably expect that as more legislators visit with constituents, the majority party will join with the minority party in opposition to economic hari kari.I remain hopeful that should happen around mid-year. 

The Sultan

Quote from: dgies9156 on April 07, 2025, 09:05:14 AMAs other posters cited, there is no clear end line to the tariff battle. It's like the Vietnam War -- we kept fighting -- for what???

The Vietnam War had even clearer objectives than this nonsense does.
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

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