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Capitalism, The Fed and Economic Policy

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  • nicknyr15nicknyr15 Posts: 8,904
    mrussel1 said:
    Vitalogensia said:
    As Mr. Trump wrote, “Don’t be a PANICAN!”
    He totally burned us with that one.  
    There’s a presidential way of communicating what he means by that. A calm , reassuring tone to trust the process and hold strong would go a long way, even if it is bullshit.  But of course we get Panican in all caps. 
  • VitalogensiaVitalogensia Posts: 2,097
    Seems panican might be used against maga, at least one can hope. 
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  • tempo_n_groovetempo_n_groove Posts: 40,703
    So I think we will be in a bear market if we aren't already.  Get ready to buy stocks if u can.
  • mrussel1mrussel1 Posts: 30,464
    tempo_n_groove said:
    So I think we will be in a bear market if we aren't already.  Get ready to buy stocks if u can.
    Bear is 20% down from high.  I'm pretty sure we hit that yesterday before the rebound.  
  • tbergstbergs Posts: 10,183
    mrussel1 said:
    tempo_n_groove said:
    So I think we will be in a bear market if we aren't already.  Get ready to buy stocks if u can.
    Bear is 20% down from high.  I'm pretty sure we hit that yesterday before the rebound.  
    I think we were about 1% away. I feel bad for anyone that bought yesterday thinking things were going to be stable. On pace to almost lose all those gains. Such a horrible situation for the economy whether or not you're a stock holder or not. Businesses have no way to plan or forecast anything beyond each day because we have an ego maniac flip flopping constantly. 
    It's a hopeless situation...
  • Halifax2TheMaxHalifax2TheMax Posts: 40,711
    tbergs said:
    mrussel1 said:
    tempo_n_groove said:
    So I think we will be in a bear market if we aren't already.  Get ready to buy stocks if u can.
    Bear is 20% down from high.  I'm pretty sure we hit that yesterday before the rebound.  
    I think we were about 1% away. I feel bad for anyone that bought yesterday thinking things were going to be stable. On pace to almost lose all those gains. Such a horrible situation for the economy whether or not you're a stock holder or not. Businesses have no way to plan or forecast anything beyond each day because we have an ego maniac flip flopping constantly. 
    No sympathy from me. Elections have consequences.
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  • Halifax2TheMaxHalifax2TheMax Posts: 40,711
    Question is, can ‘Murica survive 1,381 more days of this?
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  • tbergstbergs Posts: 10,183
    Halifax2TheMax said:
    Question is, can ‘Murica survive 1,381 more days of this?
    Yes, I think he's going to be bored of all of this by summer. He just likes attention and isn't interested in being a president who doesn't get to act like a king. Half of these things will totally fail and the other half will be carried out haphazardly for the next several months. No matter what, he'll claim success and then disappear to golf and enrich himself with his pals in the middle east. We'll have to endure horrible responses to national disasters, both natural and human alike, and the continued push for looser regulations and broader executive power, but ultimately he's just going to pretend anything he didn't actually accomplish wasn't because of him and his cronies will be right there to back him up.
    It's a hopeless situation...
  • Jearlpam0925Jearlpam0925 Deep South Philly Posts: 17,350
    This is why I'm seeing a lot of smart economists not moving off of their forecasts for a recession this year, because the toothpaste is already out of the tube in multiple ways.
  • Halifax2TheMaxHalifax2TheMax Posts: 40,711
    Has anyone checked the value of Jared Dear Boy’s Saudi wealth fund of late? No curiosity? At all? Okay then, how about an update on Hunter’s laptop?
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

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  • Halifax2TheMaxHalifax2TheMax Posts: 40,711
    Price of a dozen eggs rose to $6.23 on average in March. “Day 1.” Suckers.
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  • josevolutionjosevolution Posts: 30,728
    What happens when he refuses to step down? We can survive the 1381 days till we have to endure another term! He has no plans on walking away he has already telegraphed his intentions 
    jesus greets me looks just like me ....
  • tempo_n_groovetempo_n_groove Posts: 40,703
    Halifax2TheMax said:
    Price of a dozen eggs rose to $6.23 on average in March. “Day 1.” Suckers.
    You should check that again.  They've plummeted since then so it's a month behind now. We've had a whole month of prices dropping yet reporters are still talking about this?

    Check this chart.

    Not calling you out because that is what I have read too but when you look up the data its really lowered. I guess the news really is about doom and gloom.
    https://tradingeconomics.com/commodity/eggs-us

    Heres another that states the egg prices are 3.26 now.
    https://www.axios.com/2025/04/11/egg-prices-record-high-march-easter-trump
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