Northwest · M
You can choose the glass half full view.
The market lost about 15% of its value since he tool office. That would be a loss of about $7 Trillion to $8 Trillion in less than 70 days.
In his "Liberation Day" speech, before he headed off to his Golf tournament, on his own Golf course, where he charged taxpayers for the use of the property, he said that investors promised to add $6 Trillion to $7 Trillion, over a decade, to the US economy. Sort of, because investors will do it in the form of building factories, data centers, etc. not hard cash.
So, perhaps he's justified, in his own mind, when he says we're going to win big and we're going to boom.
[media=https://youtu.be/ZtparSnQhFc]
The market lost about 15% of its value since he tool office. That would be a loss of about $7 Trillion to $8 Trillion in less than 70 days.
In his "Liberation Day" speech, before he headed off to his Golf tournament, on his own Golf course, where he charged taxpayers for the use of the property, he said that investors promised to add $6 Trillion to $7 Trillion, over a decade, to the US economy. Sort of, because investors will do it in the form of building factories, data centers, etc. not hard cash.
So, perhaps he's justified, in his own mind, when he says we're going to win big and we're going to boom.
[media=https://youtu.be/ZtparSnQhFc]
PicturesOfABetterTomorrow · 41-45, M
And if the pattern holds it will start over in a few weeks.
Bumbles · 51-55, M
@PicturesOfABetterTomorrow Indeed. Once the effect of the tariffs are apparent, prices goes-up, then consumer spending goes down, then profits go down, then stock prices go down, layoffs go up, consumer spending goes down, etc. etc. etc.
The stagflation model.
The stagflation model.
SomeMichGuy · M