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Stock Market/Investing/Day Trading/Speculative Trading Thread

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Stock Market/Investing/Day Trading/Speculative Trading Thread

Even with the -0.10, we're still at a net +0.60 since Trump took office. If this downward trend continues, then you can crow, but let's not count our eggs just yet.
Speaking of eggs. Down 50% since Trump took office. Down even more at my local Aldi

Restoring purchasing power to the working man.
 
Tick tick on those student loans. I can literally hear them growing.
Fail Novak Djokovic GIF by Australian Open


Do not know how many times you're going to try the same joke and fail.
 
That’s…not smart.


Trump acknowledged he could cause a recession, but just didn’t want a depression, according to WSJ​


President Donald Trump wanted to avoid sending the economy into a depression through his contentious plan for tariffs, according to The Wall Street Journal.

Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn’t want a depression, according to a Wednesday night report from the paper, citing people familiar with the conversations.

Trump also told advisors that he was willing to accept “pain” over the policy, a person who spoke with him on Monday told the Journal.

A depression is considered by economists to take place when a recession becomes more severe and entails higher unemployment and a more prolonged downturn. The U.S. has avoided them since the Great Depression in the 1930s — when unemployment hit 25% — because of progress in monetary policy and fiscal policy, along with programs like deposit insurance from the Federal Deposit Insurance Corp.

While many economists were starting to predict a recession from Trump’s high tariffs paralyzing global trade, none were saying it would lead to a depression.

Bond yields soared while equities cratered in the days before Trump said he would rollback some of his country-specific tariffs on Wednesday. His reversal powered a sharp comeback in the stock market, with the S&P 500 on Wednesday registering its best day since 2008.

Kevin Hassett, director of the U.S. National Economic Council, told CNBC on Thursday that the bond market decline contributed to Trump’s decision. The 10-year Treasury yield overnight Tuesday into Wednesday spiked above 4.5% on speculation a big foreign holder like Japan or China was dumping bonds. Bond prices move inversely to yields.
 
That and Trump’s net worth somehow is totally fine and not worth addressing at all.

Really, let’s stop securities trading for all three branches of our federal government. But that won’t happen because they make the rules.
Trumps trust where his assets are “divested” are run by his son. Republicans don’t seem to understand that liberal voters also want this shit fixed
 
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