Yeah, ok, lol. I'm sure Biden or Harris would do better right? Trump was able to win in a landslide despite Democrat fascists spending over a billion dollars on the campaign, which was over 3 times what Trump spent. And the Harris campaign is in debt! Yeah, Biden and Harris are so much smarter, right? And these two were the best you Democrats could come up with!
I find it hard to believe that Trump is deliberately crashing the market—his entire brand is built on economic strength, and market instability is a risky strategy.
It's hard to believe because he is not deliberately trying to do that. He clearly believes the US is being unfairly treated, and he is right. Canada has 300% tariffs on US milk, which is partly why some many US dairy farmers are being driven out of business. They have 200% tariffs on many other US goods as well. It's about time someone ended this fleecing of the US. Canada is going to lose; they are far more dependent on exports to the US than we are exporting to them. When they finally agree to free and fair tariffs, and stop the flow of drugs and human tracking into the US, Trump will end the tariffs. He's is wise to start now, so things will steadily improve going forward. Democrats actually hate America, which is why neither Hussein or Brain-dead Biden tried to fix the disparity.
$7 trillion bomb left by Biden! Look at the graph! 2025 is pivot year. Trump needs to negotiate the best deal and then relax. Now, there are more pressing issues: the enemy inside.
Who’s got THAT kind of power?: to vanish a ratified Amendment!
All In Podcast from Thursday. David Freeberg gave a great explanation of his take on the Trump Econ strategy. Three pieces: Tariffs, reduce income taxes, reduce government spending. Tariffs and reduced spending likely have short term negative growth implications which will slow overall growth which will lower inflation pressures which will cause the 10yr Treasury to dip which will reduce the cost of government debt service which will reduce spending which will reduce inflation which will reduce interest rates. It's a virtuous cycle. Now, on top of that you have the stimulus caused by reduced income taxes. Which has the opposite effect.
So, the key is to balance it so that the stimulus for the tax cut isn't more inflationary than the slower growth from Tariffs and reduced spending.
It's all rather complicated and depends a lot on how much of each of the three legs are done and what effect they have.
One more thing on tariffs. A strong argument can be made that the Canada and Mexico tariffs are primarily a cudgel to force the stopping of fentanyl.
Lastly, all this may not be good for the stock market or asset prices, but it's very good for working folk who are hurt by inflation and by high interest rates. I.e. the Trump MAGA voter.
Exactly. Apparently Pomp doesn't get it. And, over time, the tariffs could reduce inflation, as Trump has said he wants equitable tariffs. Canada will eventually lose this battle and agree to lower tariffs, at which point Trump will lower tariffs as well, resulting lowers costs and helping inflation come down. His actions against Canada, Mexico and China are already reaping benefits with companies like Honda deciding to build in the US instead of Mexico, and TSMC pouring billions into the US. Also, India offering to lower tariffs.
Yeah, but this crash is all generated by the tariffs and the war. I think that as Trump's actions prove good for the economy, we will see a quick turnaround in the stock market...perhaps as early as June this year. If people had any sense, they'd see that his pro-energy policies, reduced regulations, and peace initiatives are all bullish.
"Don’t believe me? Here is Trump explicitly saying you can’t watch the stock market right now:"
What a load of bs. This is a pure speculation hit piece, and your evidence is that Trump is trying to tank the stock market is that he says not to watch the stock market right now? He is saying that there will be short term pain (like in the stock market) until he is able to achieve fair and equitable tariffs, so we need to keep focused on the long game, not stock market volatility. Perhaps you'd rather continue to let Canada impose 200% tariffs on many US goods, while we do nothing? What is the cost to the US from decades of unfair tariffs in lost jobs and GDP? This needs to end, and if any of you clowns have a better way to get Canada to end its fleecing, sing out. A months ago Democrats were complaining that all Trump cares about it the stock market! Now they are claiming he doesn't care. Ridiculous.
I would not be so naive to believe in a soft landing dream, when we are using a hammer to fix a porcelain doll. Inflation is a medium term side effect, no problem with it, plus lower interest rates, ok, great ... but such hard and fast "tools" can cause a lot of imbalance. Like using a compressor for a house of cards with a belief, that only few cards will fall and after we continue to build again. We will see.
Which is more likely, that a businessman who had SIX bankruptcies is deliberately crashing the economy for a machiavellian strategic endgame that's well thought out, or that he's just really bad at business and people mistake confidence for competence?
Pomp, your ongoing attempts to rationalize Trump's actions as being works of economic genius are growing more and more tortured. At some point you are going to have to face the fact that Trump is nothing but a narcissist with diminished capacity who is only interested in the advancement of his own childish agendas.
This article completely overestimating the financial skill sets and foresight of Donald Trump.
Yeah, ok, lol. I'm sure Biden or Harris would do better right? Trump was able to win in a landslide despite Democrat fascists spending over a billion dollars on the campaign, which was over 3 times what Trump spent. And the Harris campaign is in debt! Yeah, Biden and Harris are so much smarter, right? And these two were the best you Democrats could come up with!
Yes I agree with that.
I find it hard to believe that Trump is deliberately crashing the market—his entire brand is built on economic strength, and market instability is a risky strategy.
It's hard to believe because he is not deliberately trying to do that. He clearly believes the US is being unfairly treated, and he is right. Canada has 300% tariffs on US milk, which is partly why some many US dairy farmers are being driven out of business. They have 200% tariffs on many other US goods as well. It's about time someone ended this fleecing of the US. Canada is going to lose; they are far more dependent on exports to the US than we are exporting to them. When they finally agree to free and fair tariffs, and stop the flow of drugs and human tracking into the US, Trump will end the tariffs. He's is wise to start now, so things will steadily improve going forward. Democrats actually hate America, which is why neither Hussein or Brain-dead Biden tried to fix the disparity.
I thought his nickname was sleepy Joe.
$7 trillion bomb left by Biden! Look at the graph! 2025 is pivot year. Trump needs to negotiate the best deal and then relax. Now, there are more pressing issues: the enemy inside.
Who’s got THAT kind of power?: to vanish a ratified Amendment!
https://scientificprogress.substack.com/p/sss-for-dummies
Wake up!
All of a sudden our financial experts cant see the obvious
$2T spending cuts
No liquidity
No Brrrrrrr
I dont remember Trump running on Austerity
Sent this to my friends on Saturday
All In Podcast from Thursday. David Freeberg gave a great explanation of his take on the Trump Econ strategy. Three pieces: Tariffs, reduce income taxes, reduce government spending. Tariffs and reduced spending likely have short term negative growth implications which will slow overall growth which will lower inflation pressures which will cause the 10yr Treasury to dip which will reduce the cost of government debt service which will reduce spending which will reduce inflation which will reduce interest rates. It's a virtuous cycle. Now, on top of that you have the stimulus caused by reduced income taxes. Which has the opposite effect.
So, the key is to balance it so that the stimulus for the tax cut isn't more inflationary than the slower growth from Tariffs and reduced spending.
It's all rather complicated and depends a lot on how much of each of the three legs are done and what effect they have.
One more thing on tariffs. A strong argument can be made that the Canada and Mexico tariffs are primarily a cudgel to force the stopping of fentanyl.
Lastly, all this may not be good for the stock market or asset prices, but it's very good for working folk who are hurt by inflation and by high interest rates. I.e. the Trump MAGA voter.
Exactly. Apparently Pomp doesn't get it. And, over time, the tariffs could reduce inflation, as Trump has said he wants equitable tariffs. Canada will eventually lose this battle and agree to lower tariffs, at which point Trump will lower tariffs as well, resulting lowers costs and helping inflation come down. His actions against Canada, Mexico and China are already reaping benefits with companies like Honda deciding to build in the US instead of Mexico, and TSMC pouring billions into the US. Also, India offering to lower tariffs.
I think it's possible we'll see stocks decline this year, but that is likely a buying opportunity.
Yeah, but this crash is all generated by the tariffs and the war. I think that as Trump's actions prove good for the economy, we will see a quick turnaround in the stock market...perhaps as early as June this year. If people had any sense, they'd see that his pro-energy policies, reduced regulations, and peace initiatives are all bullish.
"Don’t believe me? Here is Trump explicitly saying you can’t watch the stock market right now:"
What a load of bs. This is a pure speculation hit piece, and your evidence is that Trump is trying to tank the stock market is that he says not to watch the stock market right now? He is saying that there will be short term pain (like in the stock market) until he is able to achieve fair and equitable tariffs, so we need to keep focused on the long game, not stock market volatility. Perhaps you'd rather continue to let Canada impose 200% tariffs on many US goods, while we do nothing? What is the cost to the US from decades of unfair tariffs in lost jobs and GDP? This needs to end, and if any of you clowns have a better way to get Canada to end its fleecing, sing out. A months ago Democrats were complaining that all Trump cares about it the stock market! Now they are claiming he doesn't care. Ridiculous.
I would not be so naive to believe in a soft landing dream, when we are using a hammer to fix a porcelain doll. Inflation is a medium term side effect, no problem with it, plus lower interest rates, ok, great ... but such hard and fast "tools" can cause a lot of imbalance. Like using a compressor for a house of cards with a belief, that only few cards will fall and after we continue to build again. We will see.
You are a scam artist.
Which is more likely, that a businessman who had SIX bankruptcies is deliberately crashing the economy for a machiavellian strategic endgame that's well thought out, or that he's just really bad at business and people mistake confidence for competence?
Pomp, your ongoing attempts to rationalize Trump's actions as being works of economic genius are growing more and more tortured. At some point you are going to have to face the fact that Trump is nothing but a narcissist with diminished capacity who is only interested in the advancement of his own childish agendas.