The tariffs are only temporary.
Powell hates Trump, he’s not going to slash rates.
Buffett says he never said this.
9 trillion in treasuries mature this year. Is that part of the reason, to get people to purchase treasuries?
(I’m not a finance professional so it’s a question)
BTTT
When investors sell stocks the money has to go somewhere. If Trump engineered the stock market correction to treasury scenario order to lower interest rates, we’re talking galactic level 4D chess. America was smart to put a real estate developer in the White House.
Those of us who depend on our 401ks and annuities aren’t too happy
So did Buffet say this or not?
Freegards
What alternative is there? The fiscal path our republic has been going down is self-destructive and riddled with debt,fraud and incompetence by our legislators. The damage done by sotoreo’s 8 and bidens 4 years along with the clinton and bush years have done nothing but escalate this NEEDED correction. How else can you get a manufacturing base to come back to our shores? Everyone wants a robust productive economy as long as it doesn’t infringe upon them in any way. Time to pay the piper and I hope for future American generations it works.
The article may be false, but Dinesh D’Souza is where I got it from.
https://x.com/DineshDSouza/status/1908666101124194545
First of all SP500 was at 5202 a year ago. It closed at 5074 on Friday closing. That is down less than 2.5% for previous 12 months. Same index of 500 largest capitalized companies was down 30% when covid hit the world.
Why is this 2.5% a big deal? SP500 recorded high of 6145 during last 12 months. That is a gain of 18.2%, annualized at 20%+ . If investors expect 20% gains in this broad market index every year, they are badly uninformed about the stock market. Over previous 100 years, the average gain/year is less than 7%. And everyone knows the stock market has wild fluctuations.
I know someone who is completely wiped out by the stock market sell off. Its so sad to see, a PDJT supporter, hope it comes back soon.