I certainly do being a former business owner myself. None I know have expressed those thoughts. They all understand it will take time to undue all the wrongs from the last administration. Anyone worth their salt understood there was going to be short to medium term pain involved.
Trumpcession
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local tv in FL talked to owners of several big auto dealerships in the area about the impact of tariffs. They weren't happy in the least and flat-out said that they could not absorb the added costs, or else they'd close up shop, and that consumers can expect to have to pay a LOT MORE for any new car. In a rebound effect, lower new car sales would also lower used car inventories and even raise prices there.
Ha ha. You're either making it up, or lying. You have no idea what's happening to supply chains right now. And its all completely unnecessary. And none of it has anything to do with anything Biden did.
And one of the obvious main problems that Trump is going to have...many of the countries he's going to Trade War with... they're built to handle it better than we are. Many of their societies will, absorb the very deep immediate pain, for the better long term results.
Not sure where you've been in the last 10-15 years...United States government, citizens, and certainly Trump himself, are not suited to handle the crisis that all this will probably cause... Austerity is so 1950s here in the good Ole USA.
And just because people like you, and Trump actually, say you, they, we will. Doesn't mean your actions will follow that. Trump will melt down...he already is backing down in some cases. And certainly our citizens, on both sides of the aisle, won't "take one for the team". Especially when most will know its unnecessary.
Again, I hope we all still have jobs, homes, ways of life we want, by the time this stupid shit ever has a chance to show any benefit.
I’m getting whiplash trying to keep up with this. It’s chaos, confusion and instability, and that’s bad for the economy and the markets.
Trump's erratic trade policies are baffling businesses, threatening investment and economic growth
President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China — is baffling businesses and causing them to delay or cancel the investments that help drive economic growth.apnews.com
"The Golden Age of America begins right now!" - Trump, January 20, 2025
It’s 80 percent of my business and helping immensely. Companies who manufacture outside of targeted countries and who compete with massive companies who do manufacture in China and Mexico will get a real boost
Another great start to the trading week. Folks around me are mostly big Trump supporters and they are tired of watching their 401ks drop.
This daily tariff whiplash makes it impossible for corporations to plan. Consumer sentiment down. Interesting times.
Don't worry about eggs or a Trump recession. The billionaires will be just fine. | Opinion
So I'm noticing egg prices are still high and the stock market has been dropping and inflation is up and thousands of federal workers are laid off.
www.usatoday.com
Univee is talking about interesting sex and you’re talking about interesting times. Who the fawk wants interesting?
There is open speculation about all of these flip-flops allowing insider market trading by Trump cronies.
Sell, guys, I'm announcing tariffs tomorrow!
Buy, guys, I'm putting tariffs on hold tomorrow!
Sell, guys, I'm announcing still more tariffs tomorrow!
Buy, guys, I'm putting those tariffs on hold tomorrow, too!
No evidence that I am aware of, but it would not be out of character for this deep swamp administration
Sell, guys, I'm announcing tariffs tomorrow!
Buy, guys, I'm putting tariffs on hold tomorrow!
Sell, guys, I'm announcing still more tariffs tomorrow!
Buy, guys, I'm putting those tariffs on hold tomorrow, too!
No evidence that I am aware of, but it would not be out of character for this deep swamp administration
Been married 30 years. Interesting sex doesn't sound all that bad. 🤔
“The whipsaw from the White House has left markets exhausted.”
“The constant threats and economic uncertainty have taken their toll. We see it in delayed business investments, shaky consumer confidence, stalled capital flows, and a volatile stock market.”
Even his top aides have no clue as to what the Chaos Agent is going to say or do next. Utter dysfunction.
“The constant threats and economic uncertainty have taken their toll. We see it in delayed business investments, shaky consumer confidence, stalled capital flows, and a volatile stock market.”
Even his top aides have no clue as to what the Chaos Agent is going to say or do next. Utter dysfunction.
Apart from, I suppose, war or pandemic, there is nothing worse for markets than uncertainty in chaos.
Stocks slump as recession fears rattle Wall Street
The stock market kicked off the week with losses Monday amid growing concern about the state of the U.S. economy and the impact of President Trump’s trade policy. The Dow Jones Industrial Ave…
thehill.com
Had to run some errands today that took me to a doctor, a mall, a department store (not at the mall), and a restaurant. Everything was dead. I go to the bank every week, sometimes twice, and it's smack between two restaurants. The parking lots have been getting emptier and emptier.
Things feel like they are about to go off a cliff.
Things feel like they are about to go off a cliff.
A shit-ton of respected economists said Trump 2.0 would be bad for the economy. But half the voters either didn’t believe them or didn’t care. And here we are.
One of the wiser things a friend once said was to pay attention to your idiot cousin. The one who is always in trouble of some sort and can't ever get his shit together. When he's driving a new truck, we've hit the top of the bubble.
I had been planning on retiring this summer. My account had enough to retire even with a decent sized "correction".
The decent-sized correction has happened and I'm now at the minimum I would accept to retire on. But I don't know how much more of a correction is left. So, it is looking like another year in the salt mines.
The decent-sized correction has happened and I'm now at the minimum I would accept to retire on. But I don't know how much more of a correction is left. So, it is looking like another year in the salt mines.
Musk has characterized Social Security as “the biggest Ponzi scheme of all time.” Wait ‘til he and the co-president start fvcking with that.
Those were the same Noble Laureates that said Build Back Better would not be inflationary correct?
The guys Biden/ Yellen wheeled out every time they needed a talking point?
Why do they all have to be transformative. Slow and steady. Pick a couple issues to improve. That’s it. Is that we elect people who spend 50 years in a bubble and are just clueless. Are billionaires and have lost all sense of normalcy. We truly would be better off with Sortition and no elections
Will be a blue wave next election if they dont lead with trannies.
Who needs to be a Nobel winner? This peon Kelley MBA could recognize that his proposed policies were trash. The best that can happen now is that he just immediately backtracks.
Don’t throw in with the chicken littles just yet. A market correction doesn’t mean much in the grand scheme of things. Market fundamentals were bad coming in, not much to be done.
Trump does need to get to clarity on tariffs. I’m sure Bessent and Lutnick are in his ear telling him the same thing. Stop playing with them like a kid who found where their parents keep their gun.
Needs to unpause aid and intelligence to Ukraine if Rubio can’t get movement this week. Then we can push away from the table saying “we’ve passed our last funding bill, once this aid runs dry that’s it from us, we’ll provide intel support where we can”
But it shocks me that after Trump’s first term there are still people unwilling to give him the benefit of the doubt on foreign policy and the economy.
The problem is timing. I think he is more aspirational than realistic re bringing manufacturing back but I’m never risk averse so I’m game to try. The problem is not after we just got whacked with a 41 year high spike in inflation. There’s no appetite for it now.
Trump never got to implement Trump economics in his 1st term. He was mainly surrounded by mainstream Republicans. 2024 isn't 2016. He really believes in tarrifs and protectionism. Maybe the market correction will spook him away again.
