The Trump Tariffs thread

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Dec 10, 2005
29,719
15,328
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Even if you are ok with trumps economic policy, its implementation and the level of incompetence should at the very least be a concern and I don’t even hear a peep from the right.
If I recall the excuses they'll make: they're allegedly not hearing about these things and they're not required to read and post in every thread...
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
Seems its TACO Sunday here..

1760294540347.png

I was placing some orders today if stuff went cheap enough but this is record fast TACO time!

I thought it'd at least last till Friday.

Market manipulation is real! And to think Martha Stewart went to jail for insider trading.. but it put these guys in the White House
 
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VRAMdemon

Diamond Member
Aug 16, 2012
8,107
10,810
136
Seems its TACO Sunday here..

View attachment 131919

I was placing some orders today if stuff went cheap enough but this is record fast TACO time!

I thought it'd at least last till Friday.

Market manipulation is real! And to think Martha Stewart went to jail for insider trading.. but it put these guys in the White House

More stock manipulation from the career criminal Trump, and of course, no repercussion coming from the SEC which Trump has stacked with sycophants. Who makes money on Trump's flipping and flopping on tariffs? You don't turn tariffs on and off like a light switch like they are doing, with even a basic understanding of markets and how they react to such news.. This admin will go down as the most corrupt administration in U.S. history.

A crypto trader made over $160 million shorting Bitcoin and Ethereum before Trump announced 100% China tariffs on October 10. The crypto market lost $17 billion in leveraged positions within four hours following the tariff announcement" Order placed half hour before Trump's announcement. Corrupt insider trades made by someone with knowledge.

Trump stupidly tried to bully China and they are not playing his game.

This is the idiocy we ae dealing with here. Dementia Donnie slapped tariffs on China. China then stopped buying US agriculture products. Donnie wants to bail out the farmers with tariff revenue instead of removing the tariffs. Did I get that right? The absolute DUMBEST president in American history.
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
More stock manipulation from the career criminal Trump, and of course, no repercussion coming from the SEC which Trump has stacked with sycophants. Who makes money on Trump's flipping and flopping on tariffs? You don't turn tariffs on and off like a light switch like they are doing, with even a basic understanding of markets and how they react to such news.. This admin will go down as the most corrupt administration in U.S. history.

A crypto trader made over $160 million shorting Bitcoin and Ethereum before Trump announced 100% China tariffs on October 10. The crypto market lost $17 billion in leveraged positions within four hours following the tariff announcement" Order placed half hour before Trump's announcement. Corrupt insider trades made by someone with knowledge.

Trump stupidly tried to bully China and they are not playing his game.

This is the idiocy we ae dealing with here. Dementia Donnie slapped tariffs on China. China then stopped buying US agriculture products. Donnie wants to bail out the farmers with tariff revenue instead of removing the tariffs. Did I get that right? The absolute DUMBEST president in American history.

This administration seems to have solidly good sentiment and bad fundamentals. What could go wrong?

Tesla Presidency.
 
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VRAMdemon

Diamond Member
Aug 16, 2012
8,107
10,810
136
Trump's Tariffs are clearly unconstitutional. Republicans don't care. They refuse to do their jobs governing and instead allow Trump to trample on US law and the Constitution.

Trump tells his buddies and kids to short the market right before he makes a ridiculous 100% tariff announcement. China puts restrictions on rare earth exports and Trump goes ballistic. "How dare they? Only we can impose export restrictions!" Then he imposes yet more taxes on Americans.

So, Trump takes a steamy shit in the middle of the floor and leaves it there and claims he's only there to help. They can easily impeach him for insider trading/market manipulation enriching his crypto doners, but the majority of Republicans in congress sit on their hands and claim nothing to see here. When even MTG can connect the dots, you really have no excuse anymore.
 
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RnR_au

Platinum Member
Jun 6, 2021
2,918
6,519
136
One thing I don't get and I would love an explanation to, is why BTC dropped like a rock with the news of more trade turmoil? If BTC is supposed to be 'digital gold' surely it should have risen?

I think something more nefarious is going on.

Imagine this - you want to bribe someone with an extreme amount of money. So you accumulate a fairly large sum of BTC. On an agreed point in time, you sell your coins allowing the person you wish to bribe take a short position shortly before the sale time. Bonus points for timing the execution to Yet-Another-Trump-Tariff-Announcement. Its a win-win: 1) Although you have bribed someone, you didn't lose any, or much, money out of the deal. The market paid. And 2) everyone is pointing at Trump Family & Friends as the evil beneficiaries , whereas you just had a close PA/admin in the loop.
 

NWRMidnight

Diamond Member
Jun 18, 2001
3,647
3,133
136
Seems its TACO Sunday here..

View attachment 131919

I was placing some orders today if stuff went cheap enough but this is record fast TACO time!

I thought it'd at least last till Friday.

Market manipulation is real! And to think Martha Stewart went to jail for insider trading.. but it put these guys in the White House
He didnt' write that.. He wouldn't admit to having a bad moment, EVER!
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
Inflation is about to explode in the US. Not only are Tariffs starting to kick in but the "big beautiful bill" has weakened the dollar.

1760373987086.png

He's basically done a Liz Truss but as the US is so wrapped up in BS news cycles its gone unnoticed. The price of gold and stock markets are all up, Americans think that's great but in reality the values are reflecting the weak dollar.

I have to eat crow because I didn't invest in April but now I know there is no stock market bubble anymore due to the weak dollar.

Biden got inflation under control. Trump has done the exact opposite. This will start to bite into next year when prices rise and wages don't. But somehow MAGA will say it's Obama or Biden's fault as Truth Denial Syndrome runs deep

1760374173070.png
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
Being "Trump from the left" is also shit.

Right now you need "Trump from the left" just to get back to your "center" bearings again.

The sooner you realize this.. the less pain for everyone involved because we're so far right.. just willing to do half the job won't do anything and you'll still be in the shithole you currently are.
 
Dec 10, 2005
29,719
15,328
136
Right now you need "Trump from the left" just to get back to your "center" bearings again.

The sooner you realize this.. the less pain for everyone involved because we're so far right.. just willing to do half the job won't do anything and you'll still be in the shithole you currently are.
Nah. I think you don't understand my position at all. I'm a unionist and we should be doing good things because they are good for the country. And you don't understand, no matter how many times people point it out to you, that this country isn't red states and blue states. Look at the vote breakdowns: plenty of Democrats live in red areas and vice versa for Republicans.
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
Nah. I think you don't understand my position at all. I'm a unionist and we should be doing good things because they are good for the country. And you don't understand, no matter how many times people point it out to you, that this country isn't red states and blue states. Look at the vote breakdowns: plenty of Democrats live in red areas and vice versa for Republicans.

I think you care for people who don't care for you or for themselves.

And that sorta leads you to be taken for granted by them.

It's not you personally.. it's the left in general and until we play hardball.. things will not change since people are fickle.
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
Just checked the Nasdaq-100 and S&P close.. we're still down 1.4% from start of Friday..

Lot easier and faster to wreck things than fix them.
 

gothuevos

Diamond Member
Jul 28, 2010
3,537
2,424
136
Inflation is about to explode in the US. Not only are Tariffs starting to kick in but the "big beautiful bill" has weakened the dollar.

View attachment 131971

He's basically done a Liz Truss but as the US is so wrapped up in BS news cycles its gone unnoticed. The price of gold and stock markets are all up, Americans think that's great but in reality the values are reflecting the weak dollar.

I have to eat crow because I didn't invest in April but now I know there is no stock market bubble anymore due to the weak dollar.

Biden got inflation under control. Trump has done the exact opposite. This will start to bite into next year when prices rise and wages don't. But somehow MAGA will say it's Obama or Biden's fault as Truth Denial Syndrome runs deep

View attachment 131972

Time to get that 3D printer, surprised prices there haven't gone up yet
 

UNCjigga

Lifer
Dec 12, 2000
25,727
10,486
136
Nothing says “make America great again” like propping up the Argentine peso while allowing the dollar to tank.


Of course, some idiot who took Econ 101 will come along any minute now and scream “but they’re balancing our trade deficit by making exports more attractive!” while completely ignoring the impact on the 80% of Americans dependent on the consumer service economy.
 

hal2kilo

Lifer
Feb 24, 2009
26,633
12,714
136
Inflation is about to explode in the US. Not only are Tariffs starting to kick in but the "big beautiful bill" has weakened the dollar.

View attachment 131971

He's basically done a Liz Truss but as the US is so wrapped up in BS news cycles its gone unnoticed. The price of gold and stock markets are all up, Americans think that's great but in reality the values are reflecting the weak dollar.

I have to eat crow because I didn't invest in April but now I know there is no stock market bubble anymore due to the weak dollar.

Biden got inflation under control. Trump has done the exact opposite. This will start to bite into next year when prices rise and wages don't. But somehow MAGA will say it's Obama or Biden's fault as Truth Denial Syndrome runs deep

View attachment 131972
Yea, that' why gold in on an escalator.
 

alien42

Lifer
Nov 28, 2004
12,885
3,312
136
I was just thinking about holiday consumer spending this year. While speculating it will be down due to tariff induced inflation it dawned on me that there will likely be a lot fewer discounts/deals because retailers are already eating a lot of the tariffs. Anyone else think this Xmas could be when the markets finally start reflecting reality?
 

BoomerD

No Lifer
Feb 26, 2006
66,709
15,110
146
I was just thinking about holiday consumer spending this year. While speculating it will be down due to tariff induced inflation it dawned on me that there will likely be a lot fewer discounts/deals because retailers are already eating a lot of the tariffs. Anyone else think this Xmas could be when the markets finally start reflecting reality?
Along with the already pathetic Black Friday and Cyber Monday sales...
 

Indus

Lifer
May 11, 2002
16,601
11,410
136
I was just thinking about holiday consumer spending this year. While speculating it will be down due to tariff induced inflation it dawned on me that there will likely be a lot fewer discounts/deals because retailers are already eating a lot of the tariffs. Anyone else think this Xmas could be when the markets finally start reflecting reality?

Reality is folded in multiple tranches.

Some Mag 7's justify their value.

Some Mag 7's and top 50's have no point being there.

And the small caps and retails like home depot/ lowes/ target/ tjmaxx/ amazon (mag 7) have already been falling through most of the summer.

Also don't forget the part where the top 10% of Americans are responsible for 50% of the spending and are keeping the market propped up.