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Net worth down 25% / Fuck you EverettChris Thread
HuskyBuck
Member Posts: 3,008
in Tug Tavern
I don’t appreciate tariffs being implemented with no rationale or end game in sight. And thanks to dumb people like EverettChris, this administration has been given a mandate to hurt us all!!!
Comments
You sound poor.
.
Any news on Elon’s stolen $1.4b?
This makes me happy
Don’t miss the forest for the trees. @UW_Doog_Bot and I called this one.
Buck is down to 75 dollars
Sad
The end game is fair trade, no trade deficits, and bringing industries and jobs back here, dumbass.
I thought you were the king of day-trading and knew how to buy low and sell high? This shit was coming down the pike for two weeks and you stood pat?
CuckyBuck lost $1.87 and it's all tariffs causing it! What a maroon!
We’ll probably never get to no deficits. But American companies should be able to sell into foreign markets more competitively and efficiently. That will majorly help lower costs at home.
is this in rupees?
Hahahahahahahahahaha
....
AHahahahahahahahahahahaha
And end the motherfucking Fed.
Tough day Warren?
NOT GOOD!
Trump did not receive any mandates. That is just a usual lie.
The price of gold went down today. The MSM wanted to foment a panic but failed. In the intermediate to long run things are going to be really good.
He did... but i don't think tarrifs was one.... nobody gives a fuck about the tarrifs that have been there for years....
This will be his legacy...it either works by next year or the democrats win the house and impeach him again. If prices are way up next year it's over.
No, trumptard, just repeating a lie doesn't make it true. A quick internet search will show you the truth. No mandate.
I think Trump is attempting to "walk down" the stock market with these tariffs.
He doesn't want it to tank 55% suddenly in a handful of months and break a bunch of things in the economy, so he's manufacturing a problem.
He's going to take the market down to the 40 week moving average, which is around 4700-4800 on the S&P 500…that's the next major support level. Then he'll attempt to stagnate it there for a few years. The stock market down 20-25% will also have obvious deflationary effects.
The S&P 500 should be closer to 3000, than 6200.
The Shiller PE ratio should be under 20 in a safe to buy stocks market. It's at 37 right now.
He also needs 30 year Treasury rates to go as low as possible, because a ton load of 30 year bonds need to be renewed this year. So he wants to tank the economy to get the Fed to lower rates down to 3.5% again, otherwise his deficits are going to look terrible in the next few years.
I think he'll keep these tariffs alive until he hits that bear market area under 5000 on the S&P 500 for the psychological spending effects.