#47 economic policies

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  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    edited March 11
    Should one sell its stockfunds (if that is the correct word) and move the money over to an "high interest bank account" untill this is over... I'm guessing it's not gonna go up-up-up in a while... 
    Post edited by Spiritual_Chaos on
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,144
    Spiritual_Chaos said:
    Should one sell its stockfunds (if that is the correct word) and move the money over to an "high interest bank account" untill this is over... I'm guessing it's not gonna go up-up-up in a while... 
    depends on your holding period....if long then probably just leave alone
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  • benjs
    benjs Toronto, ON Posts: 9,359
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
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  • bootlegger10
    bootlegger10 Posts: 16,252
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    Less jokes. More focus on what I should do with my savings in stocks
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • josevolution
    josevolution Posts: 31,542
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    Sarcasm came through when I read it 
    jesus greets me looks just like me ....
  • OnWis97
    OnWis97 St. Paul, MN Posts: 5,610
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    You had me in the first half...
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  • nicknyr15
    nicknyr15 Posts: 9,205
    Spiritual_Chaos said:
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    Less jokes. More focus on what I should do with my savings in stocks
    Are you retiring this year? If no then leave it where it is or try the extremely difficult approach of selling then buying back at the bottom. Up to you. 
  • Spiritual_Chaos
    Spiritual_Chaos Posts: 31,450
    nicknyr15 said:
    Spiritual_Chaos said:
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    Less jokes. More focus on what I should do with my savings in stocks
    Are you retiring this year? If no then leave it where it is or try the extremely difficult approach of selling then buying back at the bottom. Up to you. 
    Yeah. I think I'll stick with ITS ABOUT THE TIME IN THE MARKET NOT TIMING THE MARKET and just not look at them for the next four years. hehe.
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • nicknyr15
    nicknyr15 Posts: 9,205
    Spiritual_Chaos said:
    nicknyr15 said:
    Spiritual_Chaos said:
    bootlegger10 said:
    benjs said:
    bootlegger10 said:
    Nobody should be surprised by this.  Trump is a man of integrity.  When he sets out to reverse the Biden administration actions, he is consistent.  He doesn't care what it is.  If the Dow increased in Biden's term, he's going to decrease it right back.  This is what people do when they keep their word.   I know very surprising.  
    This is shockingly dumb. A man of integrity doesn’t blindly undo the actions of his predecessor, he learns about what was done and decides per-action accordingly. To say that Trump is sabotaging the stock market because Biden grew the stock market, after constantly using the stock market as a marker for success, is completely not founded in reality. 
    I said it as a joke.
    Less jokes. More focus on what I should do with my savings in stocks
    Are you retiring this year? If no then leave it where it is or try the extremely difficult approach of selling then buying back at the bottom. Up to you. 
    Yeah. I think I'll stick with ITS ABOUT THE TIME IN THE MARKET NOT TIMING THE MARKET and just not look at them for the next four years. hehe.
    I wouldn’t put any more into it yet. But if you have some cash aside it’d be a good time to buy some more. Not now, but at the first sign of recovery. 
  • mickeyrat
    mickeyrat Posts: 44,317

    BREAKING:

    Canada moves to sell U.S. Treasury bonds in tariff retaliation, size undisclosed.

    Canada currently holds $328 billion in U.S. bonds.  TLT
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  • mickeyrat
    mickeyrat Posts: 44,317

    The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected. https://abcnews.go.com/Business/major-us-airlines-warn-demand-slowing/story?id=119687875
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  • mickeyrat
    mickeyrat Posts: 44,317

    One of the arguments being used by the Trump Administration to explain away the possibility of recession is a need to reorient the economy away from public sector spending and toward private spending.  Treasury Secretary Scott Bessent called this a necessary period of “detox”. So does the argument hold up?
    🧵  1/3
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  • mickeyrat
    mickeyrat Posts: 44,317

    The European Union has just announced that countermeasures — worth about $28 billion — in response to Trump's tariffs on all steel and aluminum imports will start on April 1.

    The measures will cover not just steel and aluminum products, but also textiles, home appliances and agricultural goods. Motorcycles, bourbon, peanut butter and jeans will be hit, too.
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    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,317

    Switzerland and Germany to cancel their orders for a F35 fleet , they may be looking at the Eurofighter instead due to concerns of Trump using the kill switch on the american jets in a conflict. Canada should follow suit, USA is no longer a defense partner of the west.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,317
    mickeyrat said:

    BREAKING:

    Canada moves to sell U.S. Treasury bonds in tariff retaliation, size undisclosed.

    Canada currently holds $328 billion in U.S. bonds.  TLT

    BREAKING: China is selling off $200B in US treasury bonds.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,317

    If Donald Trump & Elon Musk have it their way, your Social Security will be privatized and your benefits will be entirely reliant on the stock market.

    If you want a sense of what that'll be like – take a look at your 401k today.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
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    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,317

    Exclusive: Major packaged food makers including Quaker Oats and Folgers coffee asked US President Donald Trump for targeted exemptions from tariffs on imports like cocoa and fruit, according to a letter seen by Reuters https://reut.rs/43EnX7p
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,317
    401k is now minus 5.19% year to date.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Hawk123
    Hawk123 Posts: 2,367
    mickeyrat said:
    401k is now minus 5.19% year to date.
    If he didn’t start with these stupid tariffs, he could’ve taken credit for the better than expected inflation reading, lower than expected wholesale price reading, the market likely would’ve continued its climb. Such a bad move. 

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