Stock market down
Comments
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Love our resident demonrat commies. Other countries charge USA tariffs, Hurray!!!
We charge them the same tariff rate and the world will end…
History is your friend.
Factories making stuff here is much better than foreign factories making stuff and shipping it.
Demonrats hate American jobs. Unless its gender fluid.
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You mean like you have done when your people were in charge? Pelosi, schumer, etc. You know, those elected officials who have gotten rich off of insider trading?
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Tariffs bad for the US consumer. Higher business income taxes, sales taxes, property taxes are good for the US consumer, because … Government fraud and waste funded by debt is good for the US consumer. Higher energy prices are good for the US consumer. Leftard economics in a nutshell.
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The Dow was around 8000 in 1989
We can survive a 44,000 to 42,000 dip
Spending is the issue
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Sounds like you have it figured out. Why aren't you making any money?
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The Tariffs are contributing to the slide, along with over leveraging, consumer debt hitting a ceiling, savings rates still near all time lows. The biggest reason for the collapse is to force the Fed into lowering interest rates. We have around 7-9T dollars needing to be refinanced by September, we’d much rather do it at say 2-3% than 5-6%. The interest savings alone would be upwards to $200B a year. In case you’re wondering, yes this is being done on purpose.
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if we don’t get a big recession, and force drastic interest rate cuts, our interest on the national debt could exceed $1.5T per year.
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FFine, Then charge them... don't put them on and take them off a day later because the market freaks.
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Just landed in NY, headed down to Wall Street to this settled.
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Keep working those phones @Bob_C !
