Hardcore troubadour Posted February 23 Posted February 23 12 minutes ago, thegeneral said: You think businesses like having no clue what happens with tariffs on their products, that they are at the whim of this guy, they can change depending on his mood, they are now back to this limbo state where who the fock knows what happens. I’m sure it has nothing do with your undying love for Donald. I’m talking about your claim that people are losing their shitt. Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Mark Davis said: I guess, but it's not so much the tariffs as the AI implications that have really upset markets the past couple weeks. There could be some of that in this today, but the markets right now are looking for excuses to sell off due to the AI unease. When the VIX spiked up it this round that's what triggered it. The rest is just noise right now but it looks like we are going to have choppy waters until some of the AI info is digested. There’s also a potential war about to pop off. From my recollection whenever new tariffs are brought up there is a negative reaction. The common reprieve from that is when there’s settling of the uncertainty. Quote
thegeneral Posted February 23 Posted February 23 5 minutes ago, Hardcore troubadour said: I’m talking about your claim that people are losing their shitt. The markets don’t like this BS. That was my claim. Quote
Hardcore troubadour Posted February 23 Posted February 23 29 minutes ago, thegeneral said: The original point was the markets don’t like this uncertainty. The President announcing global tariffs of first 10% and then a few hours later 15% is uncertainty and strange behavior. You can’t say anything remotely negative about the President and his bizarre antics without Trump people losing their shet. Here’s where you say Trump people are losing their shitt. Quote
Mark Davis Posted February 23 Posted February 23 5 minutes ago, thegeneral said: There’s also a potential war about to pop off. From my recollection whenever new tariffs are brought up there is a negative reaction. The common reprieve from that is when there’s settling of the uncertainty. War in Iran, the Mexico turmoil, tariffs, all are factors. The telling factor is how the NASDAQ is leading the down charge daily. Today was more balanced, but the tech shares have been leading us down lately. It feels tumultuous to me, I wouldn't be surprised at some sort of correction. I figure as much as I reweighted some stuff to equities a couple weeks back. But if it gets 10-15% I'll average down some. Honestly we would be better off if this were just tariff related. That would be a day or two and we could be back stabilized. I think the AI stuff people just are unsure how far those ripples are going to go out. Quote
thegeneral Posted February 23 Posted February 23 6 minutes ago, Mark Davis said: War in Iran, the Mexico turmoil, tariffs, all are factors. The telling factor is how the NASDAQ is leading the down charge daily. Today was more balanced, but the tech shares have been leading us down lately. It feels tumultuous to me, I wouldn't be surprised at some sort of correction. I figure as much as I reweighted some stuff to equities a couple weeks back. But if it gets 10-15% I'll average down some. Honestly we would be better off if this were just tariff related. That would be a day or two and we could be back stabilized. I think the AI stuff people just are unsure how far those ripples are going to go out. Well tech had already been down, but agreed we could def see there being more. I disagree if you don’t think the tariff nonsense is a factor. Personally don’t think the Mexico stuff moves the needle at all. Quote
Maximum Overkill Posted February 23 Posted February 23 1 minute ago, thegeneral said: Personally don’t think the Mexico stuff moves the needle at all. It absolutely does. Mexico's economy could bottom out in a war with the cartels. Quote
thegeneral Posted February 23 Posted February 23 7 minutes ago, Hardcore troubadour said: Here’s where you say Trump people are losing their shitt. The Trump people losing their shet comment was responding to what leads to pages of political discussion about Gavin Newsom, Kamala, Biden, market returns, etc. Tariffs cause uncertainly -> and off we go. Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Maximum Overkill said: It absolutely does. Mexico's economy could bottom out in a war with the cartels. They have been killing these dudes every couple years for two decades. This impacts the stock market but the Prez announcing 10% then 15% new tax globally doesn’t? Come on fellas. Quote
Hardcore troubadour Posted February 23 Posted February 23 1 minute ago, thegeneral said: The Trump people losing their shet comment was responding to what leads to pages of political discussion about Gavin Newsom, Kamala, Biden, market returns, etc. Tariffs cause uncertainly -> and off we go. No one is losing their shitt. It’s just a dumb way to speak. Quote
Maximum Overkill Posted February 23 Posted February 23 3 minutes ago, thegeneral said: They have been killing these dudes every couple years for two decades. This impacts the stock market but the Prez announcing 10% then 15% new tax globally doesn’t? Come on fellas. They're going to pay the tariffs regardless. Tariffs really have little effect in most sectors. That only applies to certain sectors, not all. Mexico losing its tourism and a possible cartel takeover is much more scary for investors right now. Quote
thegeneral Posted February 23 Posted February 23 2 minutes ago, Hardcore troubadour said: No one is losing their shitt. It’s just a dumb way to speak. Ok we got that cleared up. What do you think about global tariffs randomly being placed, then increased in a few hours? New tariffs that may or may not be legal. Hundreds of billions in collected funds perhaps needing to be returned. Quote
Hardcore troubadour Posted February 23 Posted February 23 The cartels aren’t going to go quietly. It they have never really encountered US special forces. They are in for it if they do. Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Maximum Overkill said: They're going to pay the tariffs regardless. Tariffs really have little effect in most sectors. That only applies to certain sectors, not all. Mexico losing its tourism and a possible cartel takeover is much more scary for investors right now. Wild take to me. But whatever Quote
Hardcore troubadour Posted February 23 Posted February 23 1 minute ago, thegeneral said: Ok we got that cleared up. What do you think about global tariffs randomly being placed, then increased in a few hours? New tariffs that may or may not be legal. Hundreds of billions in collected funds perhaps needing to be returned. Why are you so against us getting better trade deals? Are you saying they haven’t been lop sided? Quote
thegeneral Posted February 23 Posted February 23 Just now, Hardcore troubadour said: The cartels aren’t going to go quietly. It they have never really encountered US special forces. They are in for it if they do. I posted in some other thread how many of these cartel leaders have been killed or arrested in past 20 years. It’s a shitload. Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Hardcore troubadour said: Why are you so against us getting better trade deals? Are you saying they haven’t been lop sided? Pretty much boils down to I don’t trust this guy to do it well. I don’t trust his judgement in much of anything outside of self promotion. Quote
Maximum Overkill Posted February 23 Posted February 23 Just now, thegeneral said: Wild take to me. But whatever How is that wild? The markets always fluctuate, mainly in Tech. No need to panic, in fact you should be a bull. Mexico has never declared a "real war" on cartels, so we have no idea how this is going to end. These cartels have more money and more resources than the government in certain circumstances. There's a real possibility that the Cartels can overthrow, the Mexican Government. And if so that means we're in a war as well. Quote
Hardcore troubadour Posted February 23 Posted February 23 12 minutes ago, thegeneral said: I posted in some other thread how many of these cartel leaders have been killed or arrested in past 20 years. It’s a shitload. Thai doesn’t feel different? Also, 50 cartel members were extradited to the US. Thinking is the leadership saw what happened to Maduro and decided to pick their poison. Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Maximum Overkill said: How is that wild? The markets always fluctuate, mainly in Tech. No need to panic, in fact you should be a bull. Mexico has never declared a "real war" on cartels, so we have no idea how this is going to end. These cartels have more money and more resources than the government in certain circumstances. There's a real possibility that the Cartels can overthrow, the Mexican Government. And if so that means we're in a war as well. I’m not panicking. Relax. That doesn’t mean I enjoy the wild behavior of this dipshit man baby. I’m not concerned in the least about the Mexico situation. Quote
thegeneral Posted February 23 Posted February 23 Just now, Hardcore troubadour said: Thai doesn’t feel different? Also, 50 cartel members were arrested extradited to the US. Thinking is the leadership saw what happened to Maduro and decided to pick their poison. There will be some new drug lord in place toot suite. Quote
Maximum Overkill Posted February 23 Posted February 23 Just now, thegeneral said: I’m not concerned in the least about the Mexico situation. An you shouldn't worry about the markets either, this is the ebandflow, you should know that by now. You'll be fine Quote
thegeneral Posted February 23 Posted February 23 3 minutes ago, Maximum Overkill said: A you shouldn't worry about the markets either, this is the ebandflow, you should know that by now. You'll be fine Yes not worried. Getting past this tariff uncertainty would be much preferred. Quote
Maximum Overkill Posted February 23 Posted February 23 5 minutes ago, thegeneral said: Yes not worried. Getting past this tariff uncertainty would be much preferred. Sounds like it's more political to you than financial Quote
Gepetto Posted February 23 Author Posted February 23 21 minutes ago, thegeneral said: Pretty much boils down to I don’t trust this guy to do it well. I don’t trust his judgement in much of anything outside of self promotion. That's because you've been brainwashed. Trump was a successful businessman at a high level, and then successful with jobs and the economy in his first term. (pre-Covid - no leader in the world did well at the start of the Covid pandemic and/or during the Covid pandemic) 1 Quote
thegeneral Posted February 23 Posted February 23 3 minutes ago, Maximum Overkill said: Sounds like it's more political to you than financial I don’t like volatility that’s created by this guy’s bizarre behavior. I know you don’t think it’s impactful, however random taxes being placed based globally is not great. Quote
Hardcore troubadour Posted February 23 Posted February 23 Didn’t the stock market go down 18 pct in one of Bidens four years? Quote
thegeneral Posted February 23 Posted February 23 1 minute ago, Gepetto said: That's because you've been brainwashed. Trump was a successful businessman at a high level, and then successful with jobs and the economy in his first term. (pre-Covid - no leader in the world did well at the start of the Covid pandemic and/or during the Covid pandemic) You have been brainwashed to think the economy was terrible under Biden and amazing under Trump. Quote
Gepetto Posted February 23 Author Posted February 23 3 minutes ago, thegeneral said: You have been brainwashed to think the economy was terrible under Biden and amazing under Trump. Where did I say that? Quote
thegeneral Posted February 23 Posted February 23 Just now, Gepetto said: Where did I say that? Fair enough. You don’t think this? Quote
Gepetto Posted February 23 Author Posted February 23 5 minutes ago, thegeneral said: Fair enough. You don’t think this? I think inflation got out of control on his watch and he didn't implement anything to curtail it, so I do think that. Your comment was about Trump and you not trusting him. Let's focus on Trump here. Biden is out of office. I only brought up Trump's past to show he has shown that he can be trusted with decisions and the economy. Quote
thegeneral Posted February 24 Posted February 24 Just now, Gepetto said: I think inflation got out of control on his watch and he didn't implement anything to curtail it, so I do think that. There’s no question inflation was terrible. This was however a global issue. When Biden was sworn in Covid cases were still peaking it wasn’t exactly an ideal situation. Inflation It was falling by the time he left as it was everywhere. He was a mediocre Prez. As is Trump. We can only hope for better and a better Congress. Quote
Caine Mutiny Posted February 24 Posted February 24 1 hour ago, Maximum Overkill said: Tariffs really have little effect in most sectors. This is really an amazing assertion. Quote
Caine Mutiny Posted February 24 Posted February 24 44 minutes ago, Gepetto said: Trump was a successful businessman at a high level, and then successful with jobs and the economy in his first term. Both of these assertions are at the very least highly debatable. Quote
Maximum Overkill Posted February 24 Posted February 24 3 minutes ago, Caine Mutiny said: This is really an amazing assertion. What up Gutterboy! Are your other 10 aliases not working today? Quote
seafoam1 Posted February 24 Posted February 24 33 minutes ago, Maximum Overkill said: What up Gutterboy! Are your other 10 aliases not working today? Mdpee and gutternuts are commiserating with each other. Quote
thegeneral Posted February 24 Posted February 24 6 minutes ago, seafoam1 said: Mdpee and gutternuts are commiserating with each other. Probably had lunch with @jbycho! Quote
seafoam1 Posted February 24 Posted February 24 4 minutes ago, thegeneral said: Probably had lunch with @jbycho! Beats me. Or maybe @IGotWorms? Quote
thegeneral Posted February 24 Posted February 24 2 minutes ago, seafoam1 said: Beats me. Or maybe @IGotWorms? Right Peefoam…right. You never do say you weren’t Jbycho. You can’t do it! Quote
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