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Off-Topic Stock Market & Crypto Discussion

hotshot said:
My philosophy in the 1970s bear market (a real grinder that lasted many years), in 1987 (was that Black Friday), in the Tech crash of 2000, after 9-11, and in 2008. Still my philosophy today.

This is gonna be a real test for Trump to stay strong in the wake of maybe many coming defections from Republicans in Congress, and 100% Dem opposition.

Weaker Presidents have caved to that pressure which is, and will get even more, crushing. If he intended this only as a negotiating ploy, he can't start demonstrating that soon enough.
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JD08 said:
Let me rephrase:
I doubt he will do anything that he believes doesn't have us better on the other side.

Do you honestly think he's just throwing **** at the wall to see what sticks? I might not agree with his economic school of thought, but that doesn't mean he doesn't have one.
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Looking at his well documented business failures , his inability to grasp basic economic concepts, as well as his complete lack of intellectual curiosity, him not having a well thought out, rational plan wouldn’t surprise many.

He isn’t playing 4D chess. He's doing exactly what he has done for decades, deluding himself into believing that he knows better than dozens of highly intelligent experts and centuries of historical precedent. There is nothing more dangerous than a leader that doesn’t grasp his own shortcomings, who lacks self awareness. Trump has never understood that he is a great marketer of himself, nothing more. Unlike Obama, Reagan, and Kennedy, he has never been aware of his limits. Those Presidents understood marketing as well, but they also hired the best and brightest they could get their hands on. Trump on the other hand, hires people that will tell him what he wants to hear.
 
Canedude08 said:
Looking at his well documented business failures , his inability to grasp basic economic concepts, as well as his complete lack of intellectual curiosity, him not having a well thought out, rational plan wouldn’t surprise many.

He isn’t playing 4D chess. He's doing exactly what he has done for decades, deluding himself into believing that he knows better than dozens of highly intelligent experts and centuries of historical precedent. There is nothing more dangerous than a leader that doesn’t grasp his own shortcomings, who lacks self awareness. Trump has never understood that he is a great marketer of himself, nothing more. Unlike Obama, Reagan, and Kennedy, he has never been aware of his limits. Those Presidents understood marketing as well, but they also hired the best and brightest they could get their hands on. Trump on the other hand, hires people that will tell him what he wants to hear.
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This is for the economy thread in Town Hall.
 
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JD08 said:
What exactly is your concern about Russia and North Korea? For the record, in general, I dislike tariffs. I also don't like large trade deficits.

To repeat myself from earlier:
JD08

Off-Topic Post in thread 'Stock Market & Crypto Discussion'

dreyes1125 said:
Not all tariffs are bad. Over the long term, some tariffs can help by pushing companies to bring production onshore and build more within the US. The problem with tariffs on EVERYTHING is that bringing production onshore for EVERYTHING is not feasible even in the long term. Even with goods it makes sense to bring onshore, a tariff will cause a temporary increase in cost of developing the product (which likely gets passed down to the consumer). But again, one could reasonably think that this is good in the long term. Another benefit could be punishing another country (e.g., we have...
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  • Haha
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I responded to something else instead of what I was going to here. Lol JC that's my mistake. I looked and saw it was crypto and stock market. Opps. It was a half assed horrible attempt at sarcasm with fear.
 
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I think this is pretty accurate



The market isn't going to be very hot. The administration/Bessent wants to get people into long-term bonds. Can't do that if the stock market is hot and short term returns are high
 
ithacane said:
Let’s be serious here. Do u really think the stock market isn’t going to turn around in the coming weeks and months?

Serious question
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If this were to last months (talking about the uncertainty surrounding these tariffs), Trump will be in a heap of trouble. My thought is he'd better start negotiating, the sooner the better.
 
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