Followed by #trumpflation or more appropriately #trumpflagellation
Predict date Dow Jones 📈 hits 40,000!
hutch wrote:TIL
This is interesting stuff for sure
https://www.cnbc.com/2025/04/07/peter-navarro-says-vietnams-0percent-tariff-offer-is-not-enough-its-the-non-tariff-cheating-that-matters.html
that the Communist Party of Vietnam is still in charge, for some reason I was under the impression it was a democracy
(apparently, it is more accurate to describe Vietnam as a socialist state with communist governance)
honestly, I just thought it was China, NK and cuba were the only ones
(and just found out laos is communist still as well)
welp, looks like 4/8 might break 40k at this rate
who knows where this will go, but I was eyeing NVDA in the low 90s and got cold feet
who knows where this will go, but I was eyeing NVDA in the low 90s and got cold feet
BearHatch wrote:retraction…just went into the 3700s again
welp, looks like 4/8 might break 40k at this rate
big traders are making billions on these fluctuations
I mean it just comes down to one question.
At the end of the day and over the medium to long term - as crazy as it sounds forget about Trump and tariffs- do you feel the US economy is strong?
I happen to believe that despite some poor governance we have the best most dynamic economy in the world so if I was advising people I would just tell them to keep buying on the dips if they have cash and are willing wait it out…. Never ever bet against the American people. We will get our shit together eventually.
Its hard to be the salmon and swim against the tide when everyone is freaking out but that’s what it takes….
At the end of the day and over the medium to long term - as crazy as it sounds forget about Trump and tariffs- do you feel the US economy is strong?
I happen to believe that despite some poor governance we have the best most dynamic economy in the world so if I was advising people I would just tell them to keep buying on the dips if they have cash and are willing wait it out…. Never ever bet against the American people. We will get our shit together eventually.
Its hard to be the salmon and swim against the tide when everyone is freaking out but that’s what it takes….
📣 STREAM OF OPPORTUNITY! 🐟 SalmonFi is now swimming upstream to accept new clients!
Don't flounder in financial uncertainty—hook up with the team that helps your investments spawn serious returns. New spots available, so scale up your portfolio before they're gone! #SalmonFi #InvestmentOpportunity #FinancialAdvisors
Don't flounder in financial uncertainty—hook up with the team that helps your investments spawn serious returns. New spots available, so scale up your portfolio before they're gone! #SalmonFi #InvestmentOpportunity #FinancialAdvisors
The market is delicious!
well played!
This plan seems to be working out well
China said it will raise its tariff on US goods to 84%, retaliating to the hefty new tariffs on its imports that kicked in on Wednesday.
The move came after the Trump administration followed through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal tariffs, raising the overall tariff rate on Chinese goods to 104%.
When pretty much all your electronics, household goods, textiles and appliances are ALL made in China…really not sure how this could do anything but crush budgets of anyone making under 200k household income
This plan seems to be working out well
China said it will raise its tariff on US goods to 84%, retaliating to the hefty new tariffs on its imports that kicked in on Wednesday.
The move came after the Trump administration followed through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal tariffs, raising the overall tariff rate on Chinese goods to 104%.
When pretty much all your electronics, household goods, textiles and appliances are ALL made in China…really not sure how this could do anything but crush budgets of anyone making under 200k household income
True….
But must confess am sick of us buying everything from a country that seems to loathe us and pokes us in the eye all the time. I don’t think it’s just me that feels like that…
But must confess am sick of us buying everything from a country that seems to loathe us and pokes us in the eye all the time. I don’t think it’s just me that feels like that…
Ok we did it but then we fell back a bit….so let’s predict when we will next hit 40k
Did it again!!
Mark_Read wrote:
11/8/28?
Close.
BearHatch wrote:
welp, looks like 4/8 might break 40k
This was closer
“Well something had to be done…people were getting a bit yippy….. no other president could have done what I did…you know that Dimon guy is really smart”
Feels like we been here before but any guesses on when we hit 40,000 again?
hutch wrote:Not sure on my take on mr dimon, but that him and paul ryan are in support of expanding the EITC is kinda of interesting
“Well something had to be done…people were getting a bit yippy….. no other president could have done what I did…you know that Dimon guy is really smart”
https://www.msn.com/en-us/money/markets/jp-morgan-ceo-wants-some-americans-to-get-12-000/ar-AA1CC2Lo
Budget passed through House while everyone distracted. They get tax cuts and spending cuts. Now ‘deal’ can be made to relieve China tariffs and have another ‘euphoric’ rally in response.
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then