Trump Recession Thread aka Trumpcession

[Sean Mooney 1,936]

Did we sign any new trade agreements yet?

Countries were rolling in to negotiate 2 weeks ago I thought. 

[Mike Honcho 5,091]

7 hours ago, The Real timschochet said:

The only reason the market went up today is because Trump’s main economic guy admitted that the tariffs on China were unsustainable so the hope is now that Trump will retreat from his terrible policies. Trump also admitted this evening that it was all a bluff, he has no intention of firing Jerome Powell, so I expect the market to rise tomorrow too. 
 

Are you noticing a pattern here? Every time Trump goes through with his plans the market crashes. Everytime he surrenders, the market goes back up. What does that tell you? Trump has been a complete disaster for our economy and it’s only been a few months. He was terrible last time but he’s been far far worse this time. And investors know it. 

I'm just looking forward to the spin claiming how he won when he gets nothing and totally capitulates.  Followed by the guys here repeating it ad nauseam and spiking their imaginary footballs. 

[Sean Mooney 1,936]

22 minutes ago, Mike Honcho said:

I'm just looking forward to the spin claiming how he won when he gets nothing and totally capitulates.  Followed by the guys here repeating it ad nauseam and spiking their imaginary footballs. 

utilit99 and jbycho will high five each other like crazy.

Horseman might buy a double wide in the trailer park he lives in. Or at least get a real door for the place. The cut up cardboard box is starting to weather. 

[Mike Hunt 261]

8 hours ago, The Real timschochet said:

The only reason the market went up today is because Trump’s main economic guy admitted that the tariffs on China were unsustainable so the hope is now that Trump will retreat from his terrible policies. Trump also admitted this evening that it was all a bluff, he has no intention of firing Jerome Powell, so I expect the market to rise tomorrow too. 
 

Are you noticing a pattern here? Every time Trump goes through with his plans the market crashes. Everytime he surrenders, the market goes back up. What does that tell you? Trump has been a complete disaster for our economy and it’s only been a few months. He was terrible last time but he’s been far far worse this time. And investors know it. 

I don`t like what is going on now but in 2022 it crashed 8000 points.  It happens. That is the ups and downs in the stock market.

[The Real timschochet 6,402]

4 minutes ago, Mike Hunt said:

I don`t like what is going on now but in 2022 it crashed 8000 points.  It happens. That is the ups and downs in the stock market.

But there’s a difference this time around. This time it’s all due to the whimsical, awful decisions of one guy. 

[Hardcore troubadour 14,915]

How come Warren Buffett went cash last year, well before the election? 

[The Psychic Observer 495]

11 minutes ago, Mike Hunt said:

I don`t like what is going on now but in 2022 it crashed 8000 points.  It happens. That is the ups and downs in the stock market.

The market correction of 2022 was due to tightening fiscal policy by the fed as a response to stop inflation.  It worked, inflation began dropping and the market recovered due to strong economic technicals.

The market correction of 2025 was due to the tariff war Trump started.  He didn't need to start a tariff war.  It has not benefited anyone.  The market won't recover until he decides to end the tariff war.

This is not just random ups and downs.

[Horseman 2,353]

6 hours ago, The Psychic Observer said:

Right now it's very small compared to covid but every day that goes by where trading with China is stopped it gets worse.  Even idiots know this.

The outlook for today looks good unless Trump says something stupid.  I am not the one sitting in cash, that would be you Mr "Flush with cash"

Every day it gets worse?  It didn't get worse today or yesterday skyscreamer. 

Everyone should have some amount in cash depending on age, risk tolerance and their personal situation.  Nobody should be 100% cash like you did dope. 

[The Psychic Observer 495]

14 minutes ago, Horseman said:

Every day it gets worse?  It didn't get worse today or yesterday skyscreamer. 

Everyone should have some amount in cash depending on age, risk tolerance and their personal situation.  Nobody should be 100% cash like you did dope. 

Yes, every day the small business doesn't get their orders from China they are another day closer to shutting down.  Another day product not received more people laid off.  You can't stop trading with China and expect everything to be fine.

I was never 100% holding cash.  I have a diversified estate.

[Horseman 2,353]

5 hours ago, Sean Mooney said:

utilit99 and jbycho will high five each other like crazy.

Horseman might buy a double wide in the trailer park he lives in. Or at least get a real door for the place. The cut up cardboard box is starting to weather. 

Dude, you live on a teachers salary. I'm retired in my early 50s on 10 acres. 

[Horseman 2,353]

6 minutes ago, The Psychic Observer said:

Yes, every day the small business doesn't get their orders from China they are another day closer to shutting down.  Another day product not received more people laid off.  You can't stop trading with China and expect everything to be fine.

I was never 100% holding cash.  I have a diversified estate.

LOL

 

[The Psychic Observer 495]

Just now, Horseman said:

LOL

 

I have many other investments than my 401k.  Most people do.  I heard you live in a trailer park.

[Horseman 2,353]

1 hour ago, The Psychic Observer said:

I have many other investments than my 401k.  Most people do.  I heard you live in a trailer park.

 

Guy that thought income limits kept you from funneling money into Roth has some other investments.  I'm sure they're well thought out.

[The Psychic Observer 495]

3 minutes ago, Horseman said:

 

Guy that thought income limits kept you from funneling money into Roth has some other investments.  I'm sure they're well thought out.

Is it even a double wide?

[jbycho 580]

2 hours ago, The Psychic Observer said:

I have many other investments than my 401k.  

[Horseman 2,353]

18 minutes ago, The Psychic Observer said:

Is it even a double wide?

Let me give you some advise:  Don't make stuff up, it makes you look dumber than you already do. Use facts, it's not that hard.  Like this:

@Sean Mooney is a school teacher. He has a mortgage. He has at least one car payment.  By all accounts he's relatively quite poor. That's not my fault, but, those are facts by his own word.  

@seafoam1 rents rather than being a home owner.  Call him out on that if you want. Facts.  You don't need to make stuff up. 

I never carry a mortgage or any other debt for more than a year even if it's at a very low interest rate. Fact. Call me out on that if you think thats dumb.

I've given out facts about facts about my wealth and how I live, just like School Teacher Mooney. You don't have to believe them if you don't want. If you're smart you could use them to critize me, like I do him or you. Or you can be a Life Loser and just make stuff up.  But know, just like I already said, it just make you look dumber than you already are. We've already proved you're an inferior investor. Now we know you're an inferior thinker.  You're just one step from full on Life Loser status. Your choice.  

 Stop Losing and Start Winning.  

[Horseman 2,353]

On 4/23/2025 at 10:05 AM, Mike Honcho said:

I'm just looking forward to the spin claiming how he won when he gets nothing and totally capitulates.  Followed by the guys here repeating it ad nauseam and spiking their imaginary footballs. 

It's good you're seeding your excuse now when the market comes back like it always does despite the skyscreamers.  But anyone with a brain will tell you it was always going to come back, regardless of Trump, just like we are saying now. Make no mistake we're not the ones practically predicting the end of the world here, it's your skyscreamers.   

[The Psychic Observer 495]

28 minutes ago, Horseman said:

Let me give you some advise:  Don't make stuff up, it makes you look dumber than you already do. Use facts, it's not that hard.  Like this:

@Sean Mooney is a school teacher. He has a mortgage. He has at least one car payment.  By all accounts he's relatively quite poor. That's not my fault, but, those are facts by his own word.  

@seafoam1 rents rather than being a home owner.  Call him out on that if you want. Facts.  You don't need to make stuff up. 

I never carry a mortgage or any other debt for more than a year even if it's at a very low interest rate. Fact. Call me out on that if you think thats dumb.

I've given out facts about facts about my wealth and how I live, just like School Teacher Mooney. You don't have to believe them if you don't want. If you're smart you could use them to critize me, like I do him or you. Or you can be a Life Loser and just make stuff up.  But know, just like I already said, it just make you look dumber than you already are. We've already proved you're an inferior investor. Now we know you're an inferior thinker.  You're just one step from full on Life Loser status. Your choice.  

 Stop Losing and Start Winning.  

Tldr

[jbycho 580]

2 minutes ago, The Psychic Observer said:

Tldr

Sorry you are suffering so bad poor boy. 

[Horseman 2,353]

15 minutes ago, The Psychic Observer said:

Tldr

Guy that goes 100% cash because of Trump suddenly has some self control?  

Liar confirmed. 

[jbycho 580]

2 minutes ago, Horseman said:

Guy that goes 100% cash because of Trump suddenly has some self control?  

Liar confirmed. 

I noticed that too. Liberals try too hard. 

[The Psychic Observer 495]

6 minutes ago, Horseman said:

Guy that goes 100% cash because of Trump suddenly has some self control?  

Liar confirmed. 

That trade made me money.  Reading your long winded BS won't.

[Hardcore troubadour 14,915]

A couple of years ago Gutterboy said he lost a bunch of money in profit sharing or something. 

[The Psychic Observer 495]

Trump said he brought the price of eggs down 93%

[The Psychic Observer 495]

Several measures of Americans’ economic mood, including their perceptions of the U.S. economy and their own finances, have weakened in April compared with their prior readings — in some cases, substantially.

Most notably, since January, Americans’ six-month outlooks for economic growth and the stock market have turned from positive to negative, while their forecasts for inflation, interest rates and the job market have dimmed.

In line with those changes, Gallup’s yearly reading on Americans’ assessment of their personal finances shows a record-high 53% now believing their situation is getting worse. This marks the first time in the trend dating back to 2001 that a majority have expressed financial pessimism.

https://news.gallup.com/poll/659630/americans-economic-financial-expectations-sink-april.aspx

[Hardcore troubadour 14,915]

Consumer debt has been at record levels for years now.  Trump! 

[Sean Mooney 1,936]

21 hours ago, The Psychic Observer said:

  I heard you live in a trailer park.

Of course he does. Look you could believe he is financially secure at whatever age he is saying this time around or that he is a life winner or whatever other adjectives he uses to describe himself.

Or you could stare at the facts and see that he once said "If someone knocked on my front door I'd have to answer it." or that he has had like 5 or 6 screen names on a fantasy football message board so he doesn't lose any time here posting. Or that he talked  about whoring his wife out to the highest bidder. None of that screams "life winner." It screams delusional potential serial killer. 

And he won't be able to stop himself from quoting this and responding to it even though I ignore everything he says and have not directly interacted with him in at least a year...

[The Psychic Observer 495]

1 hour ago, Sean Mooney said:

Of course he does. Look you could believe he is financially secure at whatever age he is saying this time around or that he is a life winner or whatever other adjectives he uses to describe himself.

Or you could stare at the facts and see that he once said "If someone knocked on my front door I'd have to answer it." or that he has had like 5 or 6 screen names on a fantasy football message board so he doesn't lose any time here posting. Or that he talked  about whoring his wife out to the highest bidder. None of that screams "life winner." It screams delusional potential serial killer. 

And he won't be able to stop himself from quoting this and responding to it even though I ignore everything he says and have not directly interacted with him in at least a year...

He tried to tell me you could contribute 90k to a Roth IRA, I asked him how, and he responded with a 10,000 word essay that just said "Rollover".  Since then I have enjoyed asking him questions to get him to produce walls of text that I don't even read.

[Tree of Knowledge 1,697]

So are you libs holding or selling your Beanie Babies ?

[Horseman 2,353]

33 minutes ago, The Psychic Observer said:

He tried to tell me you could contribute 90k to a Roth IRA, I asked him how, and he responded with a 10,000 word essay that just said "Rollover".  Since then I have enjoyed asking him questions to get him to produce walls of text that I don't even read.

Conversion dumbasss, not a rollover.  It's converting to a different type, Roth, that's the magic.  

HFS 

[Reality 3,092]

Gutter confirmed liar. Sad.

Is somebody really responding to gutter referencing another poster's numerous aliases?

Awesome.

[purdygood 333]

Just went to 3 grocery stores (my gf is looking for very specific ingredients) cheapest Dozen Eggs among the 3 stores -  $7.99 - not sure where all this 90% decrease actually exists. 

[jbycho 580]

Just now, purdygood said:

Just went to 3 grocery stores (my gf is looking for very specific ingredients) cheapest Dozen Eggs among the 3 stores -  $7.99 - not sure where all this 90% decrease actually exists. 

Too bad peanut. I paid $3.99 yesterday.

In a blue state no less. 

[iam90sbaby 2,472]

Dow is 4k off ATH and it double what it was back in 2020.  You can tell who actually invests here and who just repeats what they hear on CNN. Thats why you’re poor. 

[jbycho 580]

14 minutes ago, iam90sbaby said:

Dow is 4k off ATH and it double what it was back in 2020.  You can tell who actually invests here and who just repeats what they hear on CNN. Thats why you’re poor. 

Too easy. 

[Horseman 2,353]

3 hours ago, Reality said:

Gutter confirmed liar. Sad.

Is somebody really responding to gutter referencing another poster's numerous aliases?

Awesome.

[Horseman 2,353]

On 4/21/2025 at 11:13 AM, The Real timschochet said:

Yep the Dow is dropping again this morning. 900 points already. They say it’s a combination of the tariffs and Jerome Powell bashing but you and I know it’s just liberals whining right? So awesome. 

800 points of the slide Monday was caused by one single company.   The Dow has its obvious flaws as a benchmark, I'd suggest something else.  

[SaintsInDome2006 375]

Fox this morning had a live report from the Long Beach port reporting that incoming container shipments are way down & port employment is sharply down. There’s no work. It’s just a repeat of the Covid supply chain debacle.

[Horseman 2,353]

On 4/23/2025 at 4:10 PM, The Psychic Observer said:

I was never 100% holding cash.  I have a diversified estate.

I'm interested in what Psychic Investing calls a "diversified estate" if you're willing to share. What else besides 100% cash in your 401k?

[The Psychic Observer 495]

5 minutes ago, SaintsInDome2006 said:

Fox this morning had a live report from the Long Beach port reporting that incoming container shipments are way down & port employment is sharply down. There’s no work. It’s just a repeat of the Covid supply chain debacle.

Yes this was reported last week.  It's happening.  Walmart CEO told Trump shelves are thinning out.