The Psychic Observer

Signs of a democracy with checks and balances. Faint pulse.

I bet you can't list them.

10 year yield spiking again. China is selling off again. Trump is going to have to cave again tomorrow or it's Armageddon.

Didn't ask but cool post.

The .1% drop? Yeah that's incredible.

Must have missed it. What great economic news?

That post says $7K for Roth (actually $8k for over 50) which is what I said. Not $90k into a Roth. Also assumes your AGI is under $150k

Actually that would be interesting considering the max annual contribution to a Roth IRA is $7K and that's only if you make less than $150k but I don't really care what fraud you pulled. I was just pointing out that you have been flush with cash for a long period of time with strong growth and returns in equities.

Johnny Cash? Big fan huh?

You've been "flush with cash" since 2023. Missed on lots of gains.

Wrong. The fed has already stated that they are anticipating higher inflation from the tariffs. “Given the paramount importance of keeping long-run inflation expectations anchored and the likely boost to near-term inflation from tariffs, the bar for cutting rates even in the face of a weakening economy and potentially increased unemployment is higher,” Minneapolis Fed President Neel Kashkari wrote in an essay released Wednesday morning. “The hurdle to change the federal funds rate one way or the other has increased due to tariffs.” https://www.bloomberg.com/news/articles/2025-04-09/fed-leans-against-inflation-and-away-from-preemptive-rate-cuts

And that is simply Trump's opinion.

It most certainly is. In all aspects of life.

I appreciate your optimism.

Anyone feel this is a recipe for economic growth and a rebirth of manufacturing?

Of course we can't predict the future. But we can make educated predictions based on data, correct?

We have yet to see a wash out. Rallies like yesterday happen during slow sell offs. We probably have not hit the bottom yet.

Maga reaction: FATHER TRUMP SAVES US FROM DEPRESSION. ALPHA MOVE. ART OF THE DEAL.

I agree. I wouldn't take what you see on this board as evidence of people getting worked up and being unhealthy.

As an overall no, but like you have been saying, give it time. People are concerned about what Trump is doing to the economy. Has nothing to do with if they like him or not, they don't like his handling of the economy or tariffs.

AND it's gone.

According to the new Quinnipiac poll, Trump stands at 40% approval and 55% disapproval on his handling of the economy. And asked how the president is dealing with the issue of trade, only 39% of respondents said they approved, while 55% gave Trump a thumbs down.

Shall we go with Quinnipiac? Trump stands at 41% approval and 53% disapproval in a Quinnipiac University survey conducted April 3-7 and released on Wednesday. https://www.foxnews.com/politics/where-trumps-approval-rating-president-stands-brand-new-national-poll

According to the latest Navigator Research poll, conducted between April 3-7 among 1,000 respondents, Trump's approval rating currently stands at 44 percent, while 53 percent disapprove, giving him a net approval of -9 points. Collapsing with the market.

I haven't heard anyone complain that he dropped the reciprocal tariffs. He still has more tariffs to drop but this is a start