Posted on 04/07/2025 5:25:16 AM PDT by hardspunned
Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place. This is despite the fact that the biggest abuser of them all, China, whose markets are crashing, just raised its Tariffs by 34%, on top of its long term ridiculously high Tariffs (Plus!), not acknowledging my warning for abusing countries not to retaliate. They've made enough, for decades, taking advantage of the Good OL' USA! Our past "leaders" are to blame for allowing this, and so much else, to happen to our Country. MAKE AMERICA GREAT AGAIN!
(Excerpt) Read more at truthsocial.com ...
yeah I feel bad for the Monopoly man with his monocle and tophat. Me, I’m fine
The vast majority of stocks are owned by the top 10%. So, those fine folks seem to be getting a haircut currently. In a way, it’s a sort of “tax the rich” moment, eh? But the Left is freaking out about the tariffs and the stock market crash. Which is odd, huh?
And with no inflation, the average family will find it easier to pay for everyday goods. But the Left isn’t celebrating. Which is odd, huh?
I am one of the Trump supporters well above the 50% and I am winning as well, these prices benefit us also. Having actually listened to Trump’s promises and paying attention I got all my retirement / savings out of the market. My portfolio is literally increasing :)
If the economy is so robust, why then would President Trump be leaning on Jay Powell to lower rates?
Not in California. Good luck finding gas under $5.00/gallon these days - and, it's about go to up another $.65/gallon b/c of Gavin Newsom's ever-increasing tax on gasoline.
President Trump has many, many times taken credit for stock market advances and has claimed the market to be a barometer of economic health.
Stock market crashes have historically been contemporaneous with economic slowdowns.
Because if the rate is lower then the interest charges on the $9 Trillion of debt that we will soon have to re-borrow will go down saving the taxpayers billions of dollars in interest.
This should have been directed to “hardspunned”
Everyone seems to be missing that point.
If all these prognosticators were so smart, they wouldhave sold their positions before the tariffs with the plan to rebuy after they tanked. It was not as if Trump was bluffing and the whiny globalist nation cabal was predictably unsympathetic to America’s long term financial interests and showed no signs of pulling back on their own tariffs that Trump was targeting. People anre acting like they’ve lost money, when they are quick to admonish the financially illiterate that you don’t make money on a profitable stock pick until you sell the stock.
It wasn’t 3- 4 years ago that the Biden administration was mocking Americans bothered by supply chain issues and shipping costs and unfoundedly accusing businesses of gouging the consumer — scoffing at any notion that perhaps economics wasn’t a conspiracy “theory” but actually a “law.” . Now, not only has the left all gotten their biology degrees so they can discuss women again, they’ve all gotten their Economics degrees as well. An odd but arguably prescient choice in a double major if I ever saw one!
Inflation slowed more than expected last month [February 2025], but prices remain high - here’s what’s rising most
https://www.bankrate.com/banking/federal-reserve/latest-inflation-statistics/Written by Sarah Foster Edited by Lance Davis
March 22, 2025
- The current annual inflation rate is 2.8%, still stubbornly above the Fed’s 2% target.
- Consumers pay more close attention to cumulative inflation, and prices are 23.3% more expensive today than they were before the coronavirus pandemic recession began in February 2020.
- The Federal Reserve cut interest rates a full percentage point across three consecutive meetings in 2024, but officials look to take a more cautious approach in 2025 as price pressures stay sticky and President Donald Trump’s tariff policies cause uncertainty.
The rate at which the refunding will take place will not be reset by the Fed Funds rate. It is immaterial.
Are there kickbacks for unreasonably high China tariffs on the US, and small to none on China stuff? Asking for a friend.
H”aving actually listened to Trump’s promises and paying attention I got all my retirement / savings out of the market. My portfolio is literally increasing :)”
.same. I left a relatively small amount primarily in equities. That’s taken a hit but it will come back in 6 months to a year and I don’t need it.
Spending cash in the hands of consumers, ready to buy.
Just my take on it.
The price of gas in our part of Central Texas hasn’t reflected this. At least not yet. We were down to about $2.40/gal a couple of weeks ago, but for some reason zipped back up to $3.00/gal last week. It was $2.69/gal on Election Day for us. We can’t seem to stay below that level.
Probably has something to do with the government debt payment.
Good for you.
But most working Americans have a fair amount of exposure to the stock market through their pension accounts.
And the top earners, the ones who build and run the businesses that make significant capital spending and hiring decisions, all have exposure to the market.
A tool and die company in Toledo will not make investments in expansion if the economy slows down due to economic uncertainty and disarray. And if its overseas supplies are no longer reliable, the likelihood is that they’ll pare back payroll to ride out the storm.
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