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Edited: Mar 15

Economic nihilism.

What an appropriate summation. This article is written more out of disbelief than anything. Not sure I’ve ever seen a president this stupid. Well. I did with Biden but at least he had a medical excuse.

This article really sums up the shock. Fastest policy caused market meltdown I. History. The 5th biggest ever. The other 4 were world or building economic events

https://finance.yahoo.com/news/this-week-in-trumponomics-thumbs-down-all-around-140043076.html

13 comments

13 Comments

sceldorado

Mar 16

That is a short-sighted view. It is absolutely the right thing to do.

Mid q2 should hum.

Java

Mar 16

Replying to

Rolling markets is never a good thing. It can actually cause recession.

Playing a daily game of tariff chicken with the markets and economy isn’t leadership. It’s only having one idea and not being very consistent with what you what.

He’s an idiot who is playing games

August West

Mar 16

Replying to

The economy is already improving. That should be primary in your mind.

Bessent is a tad more in tune with the economy and the Market than you….and he likes this approach.

Onikoroshi

Mar 16

Big Game Vista

Mar 15

The truth? Many people generated more wealth than they should have on stock market. This is a correction. Nothing more. Nothing less.

This article is terrible. It’s scope is too narrow.

Edited

Java

Mar 16

Replying to

Could be true. We were overheated.

However this has been ignited so suddenly by tariff policy

Edited

Scottsdalepd

Mar 15

The authors arguments are lacking.

Notably he omits the “why.”

The three biggest - “how dumb is this author” - are

Fent and other drugs killing over 100k American annually
Unfair trade practices, and
Illegal immigration

Scottsdalepd

Mar 15

Replying to

Java, that’s a pretty thin skinned reply. Wasn’t going after you.

Ps your closing line is, uh, curious

Java

Mar 16

Replying to

We certainly know jerking tariffs in and out can roil markets. Because they have. Markets like stability. Trump isn’t stable. He feels it’s one of his weapons. Sadly the weapon landed on Wall Street

August West

Mar 16

Replying to

It’s temporary, a blip….

The economy is stronger now, THAT is more important. The Wall St Casino will adjust….they always do.