Off-Topic Stock Market & Crypto Discussion

[mr.h]

And Japan gdp came in lower than expected. 100% trumps fault.

Mississippi has a higher GDP than Japan. Trump gets a pass on that one.

 

[90scane]

Mississippi has a higher GDP than Japan. Trump gets a pass on that one.

4.2t to 120b. It is bigger than California and is normally 4th behind USA, China. & Germany.

 

[mr.h]

4.2t to 120b. It is bigger than California and is normally 4th behind USA, China. & Germany.

lol…I was exaggerating…but California, Texas and New York’s economies are right behind Japans..
Trump has made the stock market his proof of success. He belittled last year’s 20+ % return. Now he owns it. The market is falling on uncertainty and the knowledge that tariffs will cause inflation to rise. Debt will not go down even with all these disruptive firings and closings because he will cut taxes and revenue.

 

[90scane]

lol…I was exaggerating…but California, Texas and New York’s economies are right behind Japans..
Trump has made the stock market his proof of success. He belittled last year’s 20+ % return. Now he owns it. The market is falling on uncertainty and the knowledge that tariffs will cause inflation to rise. Debt will not go down even with all these disruptive firings and closings because he will cut taxes and revenue.

Are you really saying that Trumps 5 weeks have caused the economy to go into recession? Take your Blue glasses off for a minute and ask yourself if Biden was responsible for the inflation of 2021-2024 or if it was Trump’s.

Is Trump also responsible for China and Japans slow downs too?

 

[JD08]

These things work in cycles. When the markets go down and the right person is in charge, it's a global economy and there's nothing we can do about it. When the markets go down and the wrong person is in charge, it's 100% on the president.

 

[ST26]

Canada is screwed big time. They'll cave soon

 

[mr.h]

4.2t to 120b. It is bigger than California and is normally 4th behind USA, China. & Germany.

lol…I was exaggerating…but California, Texas and New York’s economies are right behind Japans..
Trump has made the stock market

Are you really saying that Trumps 5 weeks have caused the economy to go into recession? Take your Blue glasses off for a minute and ask yourself if Biden was responsible for the inflation of 2021-2024 or if it was Trump’s.

Is Trump also responsible for China and Japans slow downs too?

It will lead to a recession.. We are not in a recession yet. Biden transferred over a strong economy. GDP is strong and inflation was going down. The stock market gained over 20% in 2024. We had a stronger economy than any other country and the US dollar was king. We had steady employment numbers with a strong labor market and earnings outpaced inflation. You complain about mortgage rates, but they are low in comparison to when I was buying homes and businesses.

“However, increased tariffs—as proposed by the new administration—are expected to worsen economic performance, particularly over the next two years, with increased inflation and lower GDP growth.***** Although current data highlight an economy that is at its strongest in decades, future policies may put this positive trajectory at risk”.

 

[90scane]

Biden transferred over a strong economy. GDP is strong and inflation was going down.

GDP growth is not strong.
Inflation was lower in the summer thus going up.
The reverse repo is drained of trillions.
The treasury is drained.

 

[JD08]

GDP growth is not strong.
Inflation was lower in the summer thus going up.
The reverse repo is drained of trillions.
The treasury is drained.

You'll never get that through to him.

 

[Bird4um]

Sofi adding crypto back!!