It looks like we’re heading for a depression

[stormtrooper8]

The original statement that the US is pausing the tariffs due to countries wanting to negotiate doesn't seem to be true.

Doesn’t SEEM to be true?

 

[Tanko]

Doesn’t SEEM to be true?

You are a wordsmyth aren't you....
You overlook the entire meaning of the post and focus on one word.

 

[KVB]

These markets are great if you’re into quick trading

LMAO

 

[KVB]

Seems like the bond market is the key to this stuff. If stocks drop and bonds drop too, hang on for the ride down. It'll be quick.

I mentioned the bond market a few times over the last week. It was definitely something to watch.

 

[KVB]

Trump met with congressional republicans Tuesday night. He got an earful from several states about the impact these tariffs will have on farmers. Many indicated a reluctance to back Trump's economic plan, currently being considered in the house, if the tariffs continue as is.

Bessent was on his way to meet with congress members when Trump pulled him into the oval office, moments before the “pause” was announced.

I do think Congress was about to pull the plug and take away some power to control trade.

it seems like the most plausible explanation.

I agree that “the art of the deal“ isn’t a real explanation here. There’s further evidence of this by the gaslighting and blaming of the media for the market going down.

 

[Franz555]

I mentioned the bond market a few times over the last week. It was definitely something to watch.

Funny you mentioned that. I recall seeing your comments on the Bond Market yesterday , and thought it was exactly the comment to address after yesterdays 90 day announcement. Tanko elaborated in good detail earlier this morning. He was spot on in how he stated the impact of a falling ( and vulnerable ) stock market in conjunction with a failing Bond Market , needs some immediate attention.

I ask this in all earnest , with no Trump bashing intended , what do you believe his true motives were by implementing the Tariffs ?

To intimidate China into believing the US held an upper hand ? To create havoc in the marketplace with a personal eye on gaining extraordinary wealth in buying back for pennies on the dollar down the road? Do we really believe that his intent was to bring jobs back to America by creating Manufacturing opportunities globally ? Or is there some other agenda that we arent aware of as yet ?

 

[KVB]

Funny you mentioned that. I recall seeing your comments on the Bond Market yesterday , and thought it was exactly the comment to address after yesterdays 90 day announcement. Tanko elaborated in good detail earlier this morning. He was spot on in how he stated the impact of a falling ( and vulnerable ) stock market in conjunction with a failing Bond Market , needs some immediate attention.

I ask this in all earnest , with no Trump bashing intended , what do you believe his true motives were by implementing the Tariffs ?

To intimidate China into believing the US held an upper hand ? To create havoc in the marketplace with a personal eye on gaining extraordinary wealth in buying back for pennies on the dollar down the road? Do we really believe that his intent was to bring jobs back to America by creating Manufacturing opportunities globally ? Or is there some other agenda that we arent aware of as yet ?

I honestly think Trump is just getting bad advice. I get what they are trying to do, but like we’ve all been saying it’s the rollout of the tariffs that was a disaster.

There’s nobody in the world that we disagree with that.

But when the press secretary starts blaming the media for markets dropping and gaslights all of us in claiming there was some art of the deal tactic going on, when no deals have been made yet and no negotiations have even begun, it tells me they just messed up and have no other explanation for it.

I think they threw it out there to try and see what they can get away with, which turned out to be nothing.

I also think we are in an emperor’s new clothes situation, where nobody would even tell Trump if he had mustard on his face. Stifling the first amendment, and even stifling the freedom of speech within a cabinet meeting, can lead to all kinds of problems.

If you have a different opinion, why bring it up when they’ll threaten the primary you or fire you for disagreeing with the Trump?

It’s a very poor management tactic to just have yes men all around you.

So, in a nutshell, I do think they were trying to make economic moves, I just don’t think they understood the ramifications of what they were doing. That includes things like knock on effects.

We can pull apart the individual players and discuss the incompetence of each one, but is that really necessary? There’s clearly incompetent as a whole.

 

[flyingillini]

I honestly think Trump is just getting bad advice. I get what they are trying to do, but like we’ve all been saying it’s the rollout of the tariffs that was a disaster.

There’s nobody in the world that we disagree with that.

But when the press secretary starts blaming the media for markets dropping and gaslights all of us in claiming there was some art of the deal tactic going on, when no deals have been made yet and no negotiations have even begun, it tells me they just messed up and have no other explanation for it.

I think they threw it out there to try and see what they can get away with, which turned out to be nothing.

I also think we are in an emperor’s new clothes situation, where nobody would even tell Trump if he had mustard on his face. Stifling the first amendment, and even stifling the freedom of speech within a cabinet meeting, can lead to all kinds of problems.

If you have a different opinion, why bring it up when they’ll threaten the primary you or fire you for disagreeing with the Trump?

It’s a very poor management tactic to just have yes men all around you.

So, in a nutshell, I do think they were trying to make economic moves, I just don’t think they understood the ramifications of what they were doing. That includes things like knock on effects.

we can pull apart the individual players and discuss the incompetence of each one, but is that really necessary? There’s clearly incompetent as a whole.

I agree with your assessment on this as well. I also see within the next 4 years a huge fallout with him and Musk and it is going to be Box Office television.

 

[KVB]

To create havoc in the marketplace with a personal eye on gaining extraordinary wealth in buying back for pennies on the dollar down the road?

Among all of the other things going on as a backdrop, we definitely can’t rule out the massive manipulation going on.

Trump may not be doing it for himself, he can take anonymous donations from anybody in the world through his crypto, which he does do, but clearly many his orbit will benefit from the manipulation.

When he was saying to buy stocks and get rich because they’re so low right now it’s pretty obvious the audience he‘s talking to there. It’s not the traditional hat wearing a Maga guy, lmao.

 

[KVB]

I agree with your assessment on this as well. I also see within the next 4 years a huge fallout with him and Musk and it is going to be Box Office television.

Well, given that musk has no allegiance, and basically only went to Trump after he was denied access to Biden’s White House, despite the groveling and begging he did with Biden, you‘re probably right.

he was rejected by the last administration, and everybody knows you can just pay the current administration for favor.

But when guys like Steve Bannon, and some of the hard-core project 2025 people, get to speak, they tend to bury musk as must really doesn’t agree with the Trump agenda.

so it becomes a battle of wits among the witless, lol.

 

[Franz555]

Among all of the other things going on as a backdrop, we definitely can’t rule out the massive manipulation going on.

Trump may not be doing it for himself, he can take anonymous donations from anybody in the world through his crypto, which he does do, but clearly many his orbit will benefit from the manipulation.

When he was saying to buy stocks and get rich because they’re so low right now it’s pretty obvious the audience he‘s talking to there. It’s not the traditional hat wearing a Maga guy, lmao.

Using the 1929 crash as a backdrop as you say , people like The Kennedy's , Rockerfeller's , Danforth , Paulson etc came away from a depression with a great amount of wealth and power. Looking at the people who contributed large sums of money to his campaign and Presidency , comparisons can be made. Im not saying i believe that was the intent , just cause to say Hmmm

 

[KVB]

Or is there some other agenda that we arent aware of as yet ?

https://static.project2025.org/2025_MandateForLeadership_FULL.pdf

Here’s the agenda, you can see that they’re already following it and there are sections on trade, both free and fair.

My guess is if you ask Donald Trump the difference between free and fair trade he would have no idea what the answer is.

 

[KVB]

Using the 1929 crash as a backdrop as you say , people like The Kennedy's , Rockerfeller's , Danforth , Paulson etc came away from a depression with a great amount of wealth and power. Looking at the people who contributed large sums of money to his campaign and Presidency , comparisons can be made. Im not saying i believe that was the intent , just cause to say Hmmm

Yeah, can’t really deny the reality of the proximity of those with enough money to snatch things up when they’re cheap.

They have nothing to lose. If laws are considered to be broken, the president can pull the plug on any prosecutions.

they’ve already conditioned the American public to accept corruption, and Trump doesn’t even deny it happens. Just look at the case of TikTok.

During his first term Trump signed an executive order banning TikTok, because of national security reasons, but then he met with a major investor of tick-tok’s parent company.

All the sudden Trump reverses his position and claims the reason he doesn’t want to hurt TikTok is that it would help Zuckerberg and Facebook, and Trump claims he didn’t want to help Facebook.

I guess national security wasn’t such an issue after all.

No matter your political leanings, no matter who you voted, and no matter what party you’re involved with, we have to all agree Trump can be bought off. He basically admitted that with the TikTok meetings, and demonstrated it with his inauguration party.

Once again, none of this is political it’s just factual. They don’t bother with a gray area and have proven they don’t need to, there’s really nothing the American public can do about it.

 

[Tanko]

One of the greatest financial minds is set for investing on the dip as usual...

In 2024, Warren Buffett's Berkshire Hathaway sold a net $134 billion worth of stocks, resulting in a record $334 billion cash pile. This substantial cash accumulation was a consequence of Berkshire's strategic repositioning, including reducing positions in previously favored stocks like Apple and Bank of America. The sale of stocks in 2024 significantly exceeded the $41 billion sold in 2023 and the $34 billion sold in 2022.

 

[KVB]

One of the greatest financial minds is set for investing on the dip as usual...

In 2024, Warren Buffett's Berkshire Hathaway sold a net $134 billion worth of stocks, resulting in a record $334 billion cash pile. This substantial cash accumulation was a consequence of Berkshire's strategic repositioning, including reducing positions in previously favored stocks like Apple and Bank of America. The sale of stocks in 2024 significantly exceeded the $41 billion sold in 2023 and the $34 billion sold in 2022.

I think many of us new well ahead of time what was going to happen.

American markets are just not what they used to be.

A bunch of us at BMR made defensive moves weeks ago.

For me, it was triggered with a small blip in consumer confidence. Combining that with my notion that this administration won't do much to improve prices, and in fact have nothing but inflationary policies, the move seemd like a no brainer.

I still don't see any signs that the current trend is up for any type of reversal, but that doesn't mean we have to drop another 5000 points. We could see a sideways, tradeable market in the near future.

One thing I would stress avoiding, don't try to catch falling knives. Let's see if Trump and the administration can get some education here, and take advantage of their do over with tariffs. History is against them though, as they have a history of questionable moves here.

 

[Brock Landers]

Yeah, can’t really deny the reality of the proximity of those with enough money to snatch things up when they’re cheap.

They have nothing to lose. If laws are considered to be broken, the president can pull the plug on any prosecutions.

they’ve already conditioned the American public to accept corruption, and Trump doesn’t even deny it happens. Just look at the case of TikTok.

During his first term Trump signed an executive order banning TikTok, because of national security reasons, but then he met with a major investor of tick-tok’s parent company.

All the sudden Trump reverses his position and claims the reason he doesn’t want to hurt TikTok is that it would help Zuckerberg and Facebook, and Trump claims he didn’t want to help Facebook.

I guess national security wasn’t such an issue after all.

No matter your political leanings, no matter who you voted, and no matter what party you’re involved with, we have to all agree Trump can be bought off. He basically admitted that with the TikTok meetings, and demonstrated it with his inauguration party.

Once again, none of this is political it’s just factual. They don’t bother with a gray area and have proven they don’t need to, there’s really nothing the American public can do about it.

Perfect example of how he just makes shit up as he goes.

No coherent plan for anything

 

[stormtrooper8]

You are a wordsmyth aren't you....
You overlook the entire meaning of the post and focus on one word.

Haha I’m just saying use some damn conviction

Of course it’s not true dammit!!!!

 

[Tanko]

Haha I’m just saying use some damn conviction

Of course it’s not true dammit!!!!

Sure, I could have made the statement stronger. But, that wasn't my focus of the post.

 

[Archie]

we need some good news

hopefully a few countries complete negotiations soon and get that into the news cycle

 

[KVB]

we need some good news

hopefully a few countries complete negotiations soon and get that into the news cycle

We already got the good news.

It was the media that made the stock market crash.

I swear, don’t you know anything about the Art of the Deal?