From NPR:
More homes are finally hitting the spring market. Will buyers take the plunge?
It’s springtime, and “For Sale” signs are popping up in front of homes across the country.
But with so much uncertainty in the economy, it’s an open question whether the spring housing market will be hot … or not. Let’s check out the forecast.
It’s certainly not the cheapest time to buy a home. The average 30-year mortgage rate is now 6.65%, down a bit from January, but still pretty high.
Many analysts predict that mortgage rates will linger around this level for now, especially since the Federal Reserve has indicated it’s unlikely to cut interest rates until later this year.
Selma Hepp, chief economist at real estate analysis firm Cotality, says market volatility could bring down mortgage rates. That’s because mortgages typically follow the yield on 10-year Treasury bonds, which are affected by investors’ worries about the economy.
“Because of the concerns around a slowing job market, because of concerns maybe about rising risks of a recession,” Hepp says.
But there are other factors keeping mortgage rates high – among them, inflationary policies like tariffs.
Another deterrent for buyers is the elevated cost to buy a home. The median home price has shot up 47% in just the last five years.
Last year was the slowest existing home sales market since 1995. It’s wasn’t that people didn’t want to buy — there simply wasn’t much for sale.
The big question now is whether a frozen market can begin to thaw. Signs suggest things are starting to shift, with more inventory coming on the market.
In February, there were 17% more existing homes for sale compared to last year, followed by a 10% increase in new listings in March compared to a year ago.
First
Y’all should take a trip to the Statue of Liberty and Ellis Island.
Just went there yesterday. Was interesting to see what “Freedom” looked like.
Yeah, looked like. Past tense.
It’s f’n gone. Felt dirty being there. The comments from the European visitors was interesting as well.
Ellis island was once used to house prisoners. Maybe Trumpsky the Russian will open it up again for that purpose. It’s been renovated, and he can just use an executive order to commandeer those ferries and turn it back into a prison.
Coming here was fun it appears. They expected you to be able to work in order to come (give us your huddled masses as long as they can mine coal)-but don’t you dare mention you had a job ready for you when you get here (you needed to be able to work, but not have a job offer before you arrived). Interesting place.
We welcome you, we lock you up, we welcome you, we lock you up.
Headline in one of today’s paper.
Boomer got rich off this system.
Boomer gonna die now, got his. Just like pensions, Social Security, Medicare.
Boomer ain’t gonna need it no more, just like he doesn’t need a warranty with a 30 year warranty.
Why spend the money, it’s too expensive. Boomer don’t wanna pay. So bye bye to what made boomer rich. Fuccc you anyone that’s younger, I got mine.
Middle finger to you.
U.S. abandons 80-year era of pursuing globalization
The United States is exiting the economic system that made it rich and powerful.
Karoline Leavitt would make a good Ratatouille if she were to be casted in that role. Some whiskers, some ears, a box of really expensive Cheez-Its. Facial structure is perfect.
Personality matches as well.
Latest Russian joke:
Trump, in the afterlife, gets permission to go back and visit Earth for one hour. He goes into a bar in NYC and asks the bartender how things are going for America. The amazed man says, “Wow, sir, we have the most incredible empire thanks to you! Greenland, Panama, and Canada!”
“That’s great,” says Trump, “What about Europe?”
“Oh yes,” says the bartender, “They also couldn’t resist us!”
“That’s so beautiful,” says Trump. “Well, I have to go back now, how much do I owe you?”
“One ruble and fifty kopeks,” replies the bartender.
Dark Phoenix,
No more coffee today. You’re too pessimistic.
That air strike video on the Houthi rebels is like something out of a Tom Clancy novel. Great stuff, unless you happen to be on the receiving end.
Wag the dog
Margin call Monday?
https://www.dailymail.co.uk/news/article-14574029/hedge-funds-margin-calls-donald-trump-tariffs.html
If Biden attacked the Houthi’s, he would be declared a warmonger.
And how are those wars going in Israel and the Ukraine? How many weeks ago did Trump declare both of them over after his brilliant diplomacy?
It’s all a show! Good to see a few more people are getting it.
Short term pain for long term pain
If you didn’t see any American cars in Japan, the answer isn’t to strong-arm the Japanese into buying them – it’s to build something they’d actually want. Maybe try downsizing from land yachts that guzzle fuel like it’s the 1970s, no?
– Geraldo
Lib – Biden did attack them, nobody cares because you know they attacked Israel..and ships..did you forget we shot down our own fighter jet during one of the engagements in December?
The Houthis were holding 25 hostages from a ship hijacking too they released them the day after Trump took office.
They are an easy target their SAM missiles are a few generations old and no match for our Navy Jets and guided missile destroyers. They continue to get these from Iran. I suspect Trump might wag that dog too and maybe even start bombing Iran too. If that happens they will attempt to shut down oil shipments from the gulf, and back into the sands our troops will go.
Chad Powers says:
April 5, 2025 at 8:17 am
That air strike video on the Houthi rebels is like something out of a Tom Clancy novel.
Then how would you describe the airstrike on the World Trade Center buildings?
I mean, hey, that was clever. Used your own commercial hardware and humans as the weapons.
It’s easy to blow people up with technology. It’s another thing to use them as the weapons.
Oh, and as a “Pièce de résistance,” the “victim” then self destructs itself by creating this monster called “Homeland Security” where the USA practically eats itself alive from the inside, the PoPo start killing their own for holding a cell phone, you take off your shoes in the airport instead of running through it like OJ Simpson, and you start shackling German, Norwegian, and Canadian citizens who just want to come and visit your country.
Bin Laden was diabolical. He learned plenty in American colleges. He turned Americas own immune system into the equivalent of leukemia on it’s own citizens.
Americans are freaky reactive people.
Juice Box says:
April 5, 2025 at 9:14 am
Lib – Biden did attack them,
Who is Biden?
Wasn’t that guy a President or something? Did he die. I remember he was as old as the pyramids and fell down alot. Oh, and looked like a walking Q-Tip.
Libturd says:
April 5, 2025 at 8:52 am
And how are those wars going in Israel and the Ukraine? How many weeks ago did Trump declare both of them over after his brilliant diplomacy?
Well it looks like the sneaky Americans have landed some new weapons in Poland near the Ukraine border.
The Ruskies are aware. Maybe it will be Trumsky after all that starts WW#3
Biden was trying hard, but too feeble to accomplish any task other than changing his depends.
Pelosi got the text on Signal. She’s good. No worries.
Hold my beer says:
April 5, 2025 at 8:38 am
Margin call Monday?
Destroying my 401k, losing my job, and crashing the global economy is all good for me?
Hope everyone stocked up on dried lentils and split peas and a variety of spices.
Kaliningrad. On the Polish border.
A reporter asks “why is this even Russia?
Dope.
Why is Greenland even Danish?
No reporter ever asks that.
Or why are Russian oil tankers a “shadow fleet?” The wording makes it more sinister, like an Oligarch vs an Entrepeneur.
Subtle, but effective.
Very Stable Genius says:
April 5, 2025 at 9:26 am
Destroying my 401k, losing my job, and crashing the global economy is all good for me?
You can go kneel in front of Fast Eddie’s house. If you offer to raise and salute the American flag that just fucced you in the ass, he might throw you a few ChexMix snack bites so you don’t starve.
APOCALYPSE NOW
Willard: They told me that you had gone totally insane, and that your methods were unsound.
Trump: Are my methods unsound?
Willard: I don’t see any method at all, sir.
VSG
There was a plan. Your 401k that was destroyed, along with hundreds of others-do you think your money just vaporized into thin air?
No, it did not. It’s not gone. It is in someone else’s pockets. A very rich person’s pockets that now has the geld that belonged to you, and now they have taken it.
Like reverse Robin Hood, steal from the poor, give to the rich.
It’s no accident, it’s all planned, and Americans asked and voted for it.
Where is the revolution at the Capital this time?
Just jack up the rate and incline on your treadmill, and don’t expect to get off if you are young. Or join the military. Boomer would love if you do that, they can relax in their LazyBoy, turn on FoxNews, and watch you blow up innocent people, then wipe themselves with a tissue.
The goal posts on the S&P are continually moved where expectations only reflect recency bias. Stonks are only allowed to go up, just like real estate.
No, but stocks kept going up until the Cult Leader took over.
At the end of the Clinton administration, in 2001, we had no debt.
Every Republican president in the last 50 years has done nothing but inflate the national debt and tank the economy
Clinton in fact left a surplus.
The Coronavirus Aid, Relief, and Economic Security Act,[b][1] also known as the CARES Act,[2] is a $2.2 trillion economic stimulus signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.[3][4]
Same geniuses who inflated debt by $2.2 TRILLION and CUT TAXES, are now surprised that we have a DEFICIT
We had no debt?
Dudes check yourselves…. The debt celling was raised eight times under Bill Clinton.
You mean balanced budget and deficit..Yes true….but then 9/11…and decades of war.
No, but stocks kept going up until the Cult Leader took over.
You woulda sold out no matter who was in office. Stop acting like the AI hype runup was sustainable.
btw, I think I’ll be interested in QQQ around 380 or NASDAQ 14000
Nothing is lost until you sell. Did anyone seriously move their assets to cash after 4/2?
Worth a share:
First, let me say, I’m not a Trump fan… I’m a fan of doing what’s best for the country with a long-term horizon in mind.
There are those who argue that we no longer need a manufacturing base in our economy—that it’s an outdated sector, and we can comfortably rely on technology and emerging industries to drive growth. But the real question is: Do we want to stake our entire economic future on an undiversified economy?
In my mind, the answer, much like with investing, is no.
Just as a prudent investor wouldn’t put all their capital into one or two stocks, a healthy economy shouldn’t be overly dependent on a narrow list of industries. Diversification is essential, not just in portfolios but in national economic strategy.
A shift toward a narrowly concentrated economy—one heavily reliant on tech—leaves us vulnerable. We’ve seen how this plays out: in the dot-com crash of 2000, when overexposure to specific sectors magnified the damage and led to a drawn-out bear market and long-lasting carnage.
A robust manufacturing base provides balance, resilience, and stability. Abandoning it completely risks creating an economy that is dynamic—but dangerously fragile. AI provides opportunities, but it is also accelerating the trajectory of narrowly based structure and adding to the risks.
Do we really want everything to be “cyber” and virtual? Because that’s the direction we are going, and fast!
Tough decisions are rarely celebrated in real time—especially in the political arena. They’re often unpopular, uncomfortable, and met with skepticism. It’s only in hindsight, after they succeed, that they’re recognized as bold or necessary.
It’s easy to be a pessimist in the face of tough decisions, and it is even easier to cling to the status quo. But real, meaningful change demands time, discomfort, and above all, courage.
The tariffs President Trump is implementing aim to address several structural challenges—chief among them, revitalizing America’s manufacturing base. Agree or disagree with the policy or how it’s being implemented, it stands as one of the most decisive and courageous economic moves made by a U.S. President in modern history. And for the sake of our country, I hope he is successful.
Whatever. We’ll rent for a while in NorCal. There’s a massive recession brewing.
I am in the same camp. You need to manufacture here….it’s a national security issue. You have to be able to make things in times of war.
And now this: https://youtu.be/uQXUONB75FQ?si=QEuIdwOc9fLXSGbI
Have your kid do it. Unless they have bone spurs.
The Great Pumpkin says:
April 5, 2025 at 1:04 pm
I am in the same camp. You need to manufacture here….it’s a national security issue. You have to be able to make things in times of war.
I’d pump ur asshole full of bone spurs Phoenix
who exactly is gonna be doing the manufacturing?
you sending your kids to Chicago U to work manufacturing sneakers?
you think Boomer is craving return to factories?
The Great Pumpkin says:
April 5, 2025 at 1:04 pm
I am in the same camp. You need to manufacture here….it’s a national security issue.
every single week of Trump first team, every single week was manufacturing week.
now y’all Marxist asking the government to direct the means of production and as Maoists direct everyone back to the factories
Lol, lol
WOW.
Howmet Aerospace has declared force majeure in the wake of Trump’s tariffs
This is a Pittsburgh-based company that sells some of the most important parts to basically every major commercial and military aviation company.
I like mens jazz
Wanna see my https://www.instagram.com/reel/DD55jAhJxZw/?igsh=NTc4MTIwNjQ2YQ==
GP 1:01, Before you start cheering for “how amazing these fuckin’ tariffs are gonna be,” maybe – just maybe – stop and think about what this great man is really up to.
A life full of bankruptcies, divorces, rape accusations, bone spurs, charity scams, bleach-drinking advice, and massive personal debt…
And now, out of nowhere, he’s had a change of heart and wants to save America in a way that won’t even pay off in his lifetime?
This is what you are saying right?
Sometimes even a rape victim gets Stockholm syndrome!
Libturd says:
April 5, 2025 at 8:38 am
“If Biden [successfully] attacked the Houthi’s…”
Then DJT wouldn’t have to.
Libturd says:
April 5, 2025 at 8:52 am
“And how are those wars going in Israel…”
30+ hostages are home, the Gaza border is secure, and the Palestinian people are now protesting against Hamas instead of Israel.
Heh. At least I’m not getting reamed in NJ again.
The Great Pumpkin says:
April 5, 2025 at 1:04 pm
“You need to manufacture here….it’s a national security issue”
Proud of you Pumpkin; you appear to have seen the light and moved to the side of reason. Meanwhile, you still have Dem stooges like Rant, Unstable, LACKS, and Lib who think the important issues of the day are civil rights for for illegal alien criminals and gang members, tampons in boys bathrooms, and trannies in the military — loons!
I can totally see Smalls sodomized and repeatedly raped in a small cell. The rapist walks in again, and without even any command, smalls drops his pants. All hail his rapist.
Good job Smalls.. so proud of you! – says the man
Where’d you move to? I’m Looking for ideas
^^ for nom
Covid man may now be known as Measles man in history books:
https://www.mprnews.org/story/2025/04/05/us-has-twice-as-many-measles-cases-so-far-this-year-than-in-all-of-2024
A question from another place:
Answer me one question, Trump supporters:
Are the tariffs a permant thing that will be in place for years, no matter what kind of deal is negotiated with other countries (because nobody’s going to invest in domestic production in the US unless they’re 100% sure that foreign goods won’t be cheaper anymore for years to come), in which case why should any country even try to negotiate with the US?
Or are they some sort of leverage to compel other countries to come to the negotiating table, and could potentially be lifted, if that country works out a deal with the US, in which case, why should anyone invest in domestic production, if tariffs could be lifted at a moment’s notice?
RentLord you just don’t get it.
Just wait till we get those trade concessions from Lesotho and Madagascar!
And those sweet sweatshop jobs come back to the US from Vietnam!
Manufacturing is great, but without automation it is labor intensive and honestly not cost effective for US now. Your ports are worked by unions that discouraged automation. How about other manufacturers.
Manufacture what makes sense is the right thing. Who are you gonna sell your expensive water heaters, or would you be better off selling your GPUs. Nobody wants your gas guzzler cars, except a few gulf people, nobody needs your crappy home appliances, nobody really wants crooked Amazon devices outside the country. Nobody also wants your cultish, satanic, whitish Hollywood crap.
Back in 50s, 60s, GE, Chevy, Westinghouse were prominent brands. Not anymore.
Today’s brand is Apple, Nvidia, Meta etc. Even Boeing is on the hanging chad.
Plan accordingly. Putting your trust on a serial bankruptcy turd with crazy ass economic policies that isolates the most expansive country, near losing the reserve current status. You have not seen anything yet. We are gonna create a lost-decade (or two) out of this fantasy.
But as said many times, MAGA can do nothing wrong. What do I care to convince a few fringe folks?
Manufacturing is not great. I end up on factory tours a few times a year, it sucks.
Ever spent time in a foundry? It’s hell on Earth. My father ran plants for a company that made highly technical parts for the defense and aerospace industries, even they were dirty, noisy, and full of nastiness. Regardless, all those jobs are gone, it’s all automated now except for the lady at the end of the line taking samples for the QC lab.
From a recent Krugman interview regarding the tariffs and trade deficits and their impacts:
“But if you try to figure out how much additional manufacturing we get, if we could somehow eliminate the trade deficit: Yes, it’s significant. But it would get us from 10 percent of employment to maybe 12.5 percent of employment — not back to the 30 percent of employment that used to be once upon a time.
Basically, the decline in manufacturing employment is mostly driven by automation and productivity growth, not by the trade deficit.”
rightwingers against increasing minimum wage to avoid paying $20 for a burger at Macdonalds.
so what’s the plan for bringing manufacturing stateside. your college educated kids earning $2 an hour to pay $400 for sneakers?
Is that the plan?
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
Thousands of entrepreneurs are finding themselves in similar positions as they confront the blizzard of changes from Washington over the last two and a half months. Funding freezes, staffing cuts to federal agencies and an immigration crackdown — along with, of course, tariffs — are throwing many into turmoil, with little certainty about how to proceed.
“It’s feeling like a tornado to small-business owners,” said Natalie Madeira Cofield, chief executive of the Association for Enterprise Opportunity, which supports initiatives to help companies with fewer than 10 employees. “This is an unprecedented moment.”
Boomer you did this ^^^^^^^^^^^^^
Ovechkin looking to pass Gretzky’s record possibly today.
The ol’ Russian just might do it. Against the Islanders no less.
A record held for thirty years. Both great at what they do/did.
On a practical level, losing reserve currency status means that the reaction to this week would be The Ten blasting off toward 500-550. Instead it went sub-400. Yeah the dollar weakened, but it had been at recently historically high levels.
njtownhomer says:
April 5, 2025 at 11:41 pm
Plan accordingly. Putting your trust on a serial bankruptcy turd with crazy ass economic policies that isolates the most expansive country, near losing the reserve current status.
Brooks Brothers shirts are running around $60
American-Made Oxford Cloth Button Down Shirt is $198
Practical and losing reserve currency status? Those don’t go together….
Today we are still on the dollar main reason is actually to promote trade. Imagine on delivery your cargo lost 10% value in Pesos because it took two week to arrive at the port? Few companies have that kind of margin where they can take loss like that due to currency swings.
Trade and low risk bonds is also a primary reasons why the Dollar is still the reserve currency…What bond market is going to replace it? Is there even a bond market that is close in liquidity and safety?
China does not like having it’s currency influenced it’s not allowed to rise higher in value. One of their advantages in manufacturing is because you get 7 Yuan for a dollar. China has propped up it’s capital markets and local housing markets and restricts their citizens from moving money overseas. Capital controls galore in China does that sound like they want to be a reserve currency?
It may happen one day but that day is not today.. It’s been over fifty years since we dropped the gold standard and the original Bretton Woods agreement effective failed. But during those years before and after a massive global trade sprang up and only continues to grow to this day. We have an intertwined trade roads that are paved in dollars. It will be hard to replace those roads as it remains the most stable ways to do business and invest low risk in government bonds.
I don’t see anything on the horizon and Trump and his tariffs are but a pothole in the trade road that will get paved over.
My timeline is full of Ackman, Chamath, Pomp and a bunch of sycophants about justifying this nonsense. Like crying Adin Ross and Portnoy, they will soon come to realization. Lets just wait and see banning Chinese stocks on the exchanges per Navarro policies, and then we’ll talk reserve currency status. We haven’t seen much yet.
The 10yr is the benchmark this admin cares. That’s for sure per Bessent. When it dips to 3.75%, they will get cocky and cause more trouble. Then we’ll see 6-7% and perhaps more.
Like the ‘elect a clown, palace becomes a circus’, there is another saying ‘If the milk is spoiled, the cream will be the same”. So elections have consequences.
How about justify this nonsense?
2 Trillion dollar annual deficits. That is 7% inflation baked into the economy… $882 billion in net interest payment in 2024 on our massive debt. That is approaching 25% of tax receipts for interest payments. Something has to give. Raise revenues or cut spending or a combination of both. You think inflation is bad now? Keep spending like that and we will find out sooner than later.
The Octogenarians running Congress have shown zero will to do anything about the out of control spending. It’s been going on far too long. There is no plan…there was no plan other than taking a dirt nap…
11:40, Chamath can appear very convincing. But when you look deeper, he and his chummies are not statesmen but just greedy fucks. Being smart and doing good to oneself is very different from being a leader who can raise people around you. And those that do, do not have a spotlight on them.
We don’t need greedy fucks right now telling how this ship can be corrected.
Also, not to confuse capitalism with greediness.
11:58, we cannot justify the consumerism of America. We consume 25% of all goods produced… which for our population is insane. Agreed.
However correcting it, without destroying the entire economy is as much an art as economics.
This is like the movie Mouse Hunt. Don’t destroy the house in your quest to kill the mouse.
Anyways, what’s next?
Negotiate each deal? How long is that going to take.
And do you think the POTUS should have consulted with the Fed and other branches before Executive Orders? After all he is no king
njtownhomer says:
April 6, 2025 at 11:40 am
“a bunch of sycophants about justifying this nonsense…and then we’ll talk reserve currency status. We haven’t seen much yet.”
Not a peep from you blue-state duds when Slow Joe opened the borders, and as DOGE found out, laundered hundreds of billions of taxpayer funds through USAID, NGO’s and blue cities to pay for illegal aliens; not a peep when he wasted $200B on an unwinnable war in Ukraine; not a peep when he added $10TRILLION to the national debt. And now nothing but whining and moaning when DJT comes in and aggressively tries to do something about unfair trade — and more generally the fiscal cliff that we’re all about to drive off of. You dopes might enjoy being governed by incompetent and corrupt tax-borrow-and-spenders like Hochul, Pritzker, Newsom, Carmella and SlowJoe, but normal people don’t.
Most districts mentioned in this article are receiving an increase in state aid.
https://www.nj.com/education/2025/04/these-9-nj-school-districts-are-taking-desperate-measures-to-keep-from-going-broke.html
I like open tacos & open boarders. It makes us a fun place! Not a boring ass Christian piss party.
3:48-
Let’s break this down point by point:
1. “Biden opened the borders”
The U.S. border has never been “open” under any administration. Biden has actually continued many Trump-era policies, including Title 42 for a time, and has deported or expelled millions. Illegal crossings surged due to global instability, not simply because of U.S. policy changes.
2. “Laundered hundreds of billions through USAID, NGOs, and blue cities for illegal aliens”
There’s no evidence of “money laundering.” USAID primarily funds international development, not migrant resettlement. Federal funds for cities go to various programs, including emergency shelters and legal processing, but not in the amounts being implied here.
3. ”$200B wasted on an unwinnable war in Ukraine”
Supporting Ukraine is about geopolitical stability and stopping authoritarian expansion. The U.S. isn’t sending troops—it’s providing aid to weaken Russia’s military without direct involvement, which is far cheaper than a larger global conflict.
4. ”$10 trillion added to the national debt”
The debt increased under both Trump and Biden. Trump added nearly $8 trillion in four years, mainly due to tax cuts and COVID relief. Biden’s spending included infrastructure, CHIPS, and pandemic recovery—but debt growth isn’t unique to his administration.
5. “Trump is aggressively trying to fix unfair trade and the fiscal cliff”
Trump’s trade wars, particularly with China, resulted in higher consumer prices and hurt American farmers, leading to government bailouts. His tariffs didn’t reduce the trade deficit significantly, and economists widely criticized his approach.
6. “Normal people don’t want tax-borrow-and-spenders like Hochul, Pritzker, Newsom, etc.”
Many Americans in these states keep voting for them, meaning they see value in their leadership. Red states also rely more on federal subsidies than blue states, which contradicts the idea that only Democrats are “big spenders.”
Sunday dinner interruption for the PPT?
Futures down a 5 handle. Tomorrow is gonna suck. Maybe I inched in a little early. Still think Trump flip flops before he is hung.
Opportunity cometh! Love me some volatility.
At least you own it. Recommend you find another country that doesn’t stress you out.
PervertHere says:
April 6, 2025 at 5:16 pm
I like open tacos & open boarders. It makes us a fun place! Not a boring ass Christian piss party.
May not be what PH wants, but we are already a different country than a couple of months ago.
Based on data aggregated from Bloomberg by independent financial research company Fundstrat, the fastest 10% corrections from a 52-week high over the last 75 years in the S&P 500 are:
Feb. 19, 2020 to Feb. 27, 2020 (8 calendar days) / President Donald Trump.
Jan. 26, 2018 to Feb. 8, 2018 (13 calendar days) / President Donald Trump.
June 12, 1950 to June 29, 1950 (17 calendar days) / President Harry S. Truman.
Sept. 23, 1955 to Oct. 11, 1955 (18 calendar days) / President Dwight D. Eisenhower.
Feb. 19, 2025 to March 11, 2025 (20 calendar days) / President Donald Trump.
What a genius!
N, APR 6 20258:10 PM EDT
Nikkei 225 and Topix plunge 6% on open, futures trading suspended due to circuit breaker
Amala Balakrishner
Russell 2000 futures halted limit dow -7%
Wild times….
When do rate cuts kick in? Emergency?
There’s bottoms to be found, not in the indexes, but individual stocks that have been murdered that are near multiyear/decade supports.
BRT, The bottom is found when you wipe that ass.
GTFOH
You voted for this.
Remember when you (republicans) said that that world will not respect us if we voted for Kamala?
Rent,
I love this chit. This is where real money is made. And…..lost.
from minicons:
‘Slow Joe opened the borders’: yeah, but Trump also allowed in first term. So much positive to keep labor cost low, so small biz loved it.
‘DOGE found out USAID’: exposed CIA funds, thanks for giving that to China
‘NGO’s and blue citiesto pay for illegal aliens’, Abbott shipped most of them
‘wasted $200B on an unwinnable war in Ukraine’, $150B went to KY, TX and rebuilding our arsenal
‘$10TRILLION’: Trump added 8T and will add 5T more
‘DJT comes in and aggressively tries to do something about unfair trade’: First lets get MAGA hats, bibles, ties made here.
Thanks to MAGA, Future wide open to AOC, Sanders crowd. There is a single solution to fix this. And it is to tax the uber rich. Like 1B$ and more unrealized gains should be taxed. READ “Unrealized” and “1B$” before vomitting.
ES tapped the 2020 uptrend tonight, looking for a bounce here.
Btw the whole $8 trillion removed!!!! just goes to show you how numb you are to money printing and inflation.
The final episode of White Lotus is a bit too close to the feels.
Sorry, you can’t expect to buy NVDA at 150 and expect the next 10 years to be exponentially profitable. Reality has to hit at some point.
it is not just NVDA. Look at Russell. Unemployment will hit 10% imho under Trump. Yeah blame Chayna !!!!
there’s the bounce
you are suffering from Recency Bias, the Russel had no gains from 2021-2024 in the “greatest economy ever”