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Entertainment selectors, pages, etc.
Dow is up about 2500 points as of now!
By oldedude
April 9, 2025 12:22 pm
Category: Entertainment
(0.0 from 0 votes)
Rules of the Post & Tips.

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Yup, for all the "pants on fire" folks, we're going through a rebound.

Oh well, I guess if you can't make stuff up, life wouldn't be any fun.

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Comments on "Dow is up about 2500 points as of now!":

  1. by HatetheSwamp on April 9, 2025 1:54 pm

    Up nearly 3,000!

    Should someone call Tuscon EMTs and have them do a wellness check on Donna?


  2. by ROB3RT on April 9, 2025 3:10 pm

    Because Trump backed down.


  3. by HatetheSwamp on April 9, 2025 3:21 pm

    Yeah, I heard that spin from Jessica Tarlov on The Five today.

    My guess is that Trump's playing chess.


  4. by ROB3RT on April 9, 2025 3:34 pm

    So, was it grape or fruit punch?


  5. by Curt_Anderson on April 9, 2025 3:35 pm
    "Trump announces 90-day tariff pause", that's what is being reported. That sure sounds like he backed down off the ledge.

    This is more like Roberto Duran's "No Más" fight, than Trump playing a game of chess like a grandmaster.


  6. by ROB3RT on April 9, 2025 3:36 pm

    Or was it a different flavor of Kool Aid you drank?


  7. by oldedude on April 9, 2025 3:49 pm
    Lead- Just accept that bob and curt have TPS. Regardless of what he does, no one here will ever say he did something right. I just listen to them whine and snicker. What a miserable existence to hate that much in your life.


  8. by HatetheSwamp on April 9, 2025 4:00 pm

    The thing is, I don't believe a word that Trump says and I feel for the deranged TrumpHaters. They don't know how to hate him.

    Curt likened him to Roberto Duran giving up against Sugar Ray Leonard. I don't see that. I can see someone with TDS hoping that.

    Sticking with boxing. As despicable as I think Trump is, he floats like a butterfly and stings like a bee.


  9. by Indy! on April 9, 2025 4:03 pm

    Another billionaire cash grab. You can bet the house there was a ton of insider trading going on. I don't have a lot of stock (bailed out of most of it before the covid crash), but I just sat on mine because this is what I figured would happen one way or another. The wealthy like huge crashes and rebounds - easy way to steal from retirement accounts and regular Americans' investments.


  10. by Ponderer on April 9, 2025 6:04 pm

    He's apparently playing chess because he doesn't know how to play economics or the first thing about them.

    He doesn't know what the hell he's doing or what it is going to do to people's lives. But fucking MAGA Hats like Hate think he's some genius that knows far more than all the economists in the country. I can't wait to hear how Hate's retirement investments get turned to shriveled remnants of their former state by this orange psychopath... and how he'll spin it into being something really great.


  11. by Indy! on April 9, 2025 6:37 pm

    The market always rebounds, but a lot of people get scared, pull their money and lose. I think this was a planned attack on the market that they probably wanted to go a lot further with but economists, Wall Street, other countries were leaning on him so heavily he wimped out and took the short gain for himself and his pals. It would interesting to see how much Leon Musk makes on this deal - whether he shorted his own Tesla stocks or not. I don't have a lot in stocks, but I chose to ride it out and now my losses are small - really no different than an average market dip. There is a good chance they might rebound to a higher level on market enthusiasm in the wake of the "90 day pause" on tariffs (which might be a lot longer than 90 days - like maybe 3 years and 9 months).

    As OD said, it's all gambling. Not much different than going to Vegas and putting your money on black.


  12. by meagain on April 9, 2025 7:06 pm
    You were dead on, indy. Many of the richest would have it both ways. Shorting and then buying.

    What seems to be missing here is that Trump did blink, but only one eye. This is not a pause on tariffs; only on the countries who are willing to negotiate. His original tariffs are taking effect and Canada and Europe have put their responses into effect.

    The roller coaster has slowed not stopped. There will still be massive layoffs and inflation. Still danger of recession if they persist. I find it almost funny that he now says the China tariffs are because China does not show respect.

    This is not Zelensky but the second largest economy in the world that is hitting back at his lack of respect.


  13. by oldedude on April 9, 2025 7:43 pm
    This is not a pause on tariffs; only on the countries who are willing to negotiate.
    That's not a blink. It's a show that if you're willing to negotiate your tariff rate, we'll work with you. If you don't want to show a good faith, then pay the piper. It's that simple.

    Welcome to negotiations. My guess is that this was his plan all along. We'll see if canada takes the hint. China won't until they're close to ruining their economy. If we can just convince Americans to not buy from slave owners.


  14. by Ponderer on April 9, 2025 9:10 pm

    Well, now the bond market is tanking. That's probably far worse, but at least it will take people's minds off Trump tanking the stock market.


  15. by Ponderer on April 9, 2025 9:12 pm

    It's entirely possible that he never brings the tariffs back. That he takes whatever the rest of the world wants to give him and declares victory in the smoldering ashes of a once and very recently prosperous economy he blew all to fucking shit.


  16. by HatetheSwamp on April 10, 2025 3:49 am

    "Another billionaire cash grab. You can bet the house there was a ton of insider trading going on. I don't have a lot of stock (bailed out of most of it before the covid crash), but I just sat on mine because this is what I figured would happen one way or another."

    This is what I like about you, Indy. I'm a cynic but I'll never hold a candle to you. And, you're right.

    Elon's next crusade is to investigate how people like po's beloved Nancy Pelosi became rich. If he's not assassinated, mysteriously, by a CIA operative operative,...

    I HatetheSwamp. It's the smartest thing I do.


  17. by HatetheSwamp on April 10, 2025 3:53 am

    He doesn't know what the hell he's doing or what it is going to do to people's lives.

    po,

    Do you ever have a thought beyond OrangeTurdBad? And,...

    ... "everything I disagree is MAGA, but I can't tell you how." You absolutely think the thoughts of a bigot.



  18. by HatetheSwamp on April 10, 2025 4:00 am

    "That's not a blink. It's a show that if you're willing to negotiate your tariff rate, we'll work with you. If you don't want to show a good faith, then pay the piper. It's that simple.

    Welcome to negotiations."


    Bang on, OD.

    Trump farts negotiation. Everything is negotiation for him. I know enuff to know never to take anything he says or does at face value.

    po? All po knows is hate. po has no thoughts. po's pure viscera. Trump 2.0 has to be pure h€ll for every member of the progressive Swampcult but especially for a nonthinker like po.


  19. by oldedude on April 10, 2025 5:15 am
    First, it's normal for bonds to go down when the market goes up. You use bonds for slow, long-term investments. If you want to make money (although not near as much) when the market slumps, you go to bonds. Once the market starts back up you go back to it.

    The left has fabricated this story that the tariffs are permanent, which has of course, turned out to be false. Produce (especially out of season in the US) should be cheaper. For those who hate tariffs, he's trying to go to no tariffs, or equal tariffs.

    The other piece of this is to make our agricultural products available to the global market. Meat is the big one I keep mentioning because we're losing a lot of money not being able to sell beef, pork, and chicken to Europe, and in Canada it's labeled US made, which of course is a far second to their meat because of the hormones and other crap we have in our foods.

    The last thing is big pharma, which is produced mostly in china, and some in canada. China has said they'll crush us and take over the country since the cold war. Canada has turned out to be a fair-weather friend. With us relying on other countries to produce our drugs, that puts us at their whim for the drugs we need.

    The last two paragraphs are not on joe or any other "one" president. It's been going on for several decades. So I'm not singling anyone out. Between big pharma et.al. buying off politicians, these things have grown.
    wcshipping.com
    usatoday.com


  20. by HatetheSwamp on April 10, 2025 5:29 am

    "First, it's normal for bonds to go down when the market goes up."

    Apparently, po doesn't know that.

    Telling.


  21. by Donna on April 10, 2025 7:44 am

    Not to that degree, though. Republicans joined Democrats in sounding the alarm, which made Trump put the brakes on most of the tariffs.


  22. by HatetheSwamp on April 10, 2025 8:21 am

    Donna,

    It's not normal for the Dow to go up 3,000 points in a day, duh.


    "Republicans joined Democrats in sounding the alarm, which made Trump put the brakes on most of the tariffs."

    And, pb was ahead of everyone.


  23. by meagain on April 10, 2025 10:17 am
    "It's a show that if you're willing to negotiate your tariff rate, we'll work with you. If you don't want to show a good faith, then pay the piper. It's that simple."

    Your arrogance is sublime, Od. But it always is. The typical ugly American. I would recommend negotiating over the barrel of a rifle.

    A country does not negotiate tariffs. Tariffs are extortion. A tax on your own people and an attempt to force weaker countries to submit to your economic hegemony. To surrender its productive capacity to the dominant power.

    It is 250 years, about, since tariffs as trade policy came to an end, Mercantilism that allowed Britain to control world markets.


  24. by oldedude on April 10, 2025 2:43 pm
    I haven't pulled a gun out. You need to check your psychosis. And your dementia.


  25. by oldedude on April 10, 2025 5:46 pm
    A country does not negotiate tariffs.
    Case in point. Right now. Many countries are coming to "negotiate" the tariffs. The idea that trumpster wants are ZERO TARIFFS on both sides. That's his goal. You actually need to get out of the 1950's and quit reading the same newspaper from 1953.


    A tax on your own people and an attempt to force weaker countries to submit to your economic hegemony.
    If that's true, why are we paying more the double the tariffs to canada that we receive? Or Vietnam? Or Germany? (although I'll give you that Germany has a pretty good economy). How do you explain that under your thesis? It doesn't make since and your "thesis" has been debunked. Period.


  26. by meagain on April 11, 2025 11:10 am
    You are obstinate beyond words. Countries are not coming to negotiate tariffs. They are coming to negotiate trade.

    You are not paying double the tariffs to Canada. Canada does not impose tariffs on the USA. Neither does Germany or the EU in general. No countries have tariffs that are not WTO approved except the USA which ignores international rules.


  27. by oldedude on April 11, 2025 11:52 am
    They are calling the whitehouse because of the tariffs, which affects their trade and their GNP. OMFG.

    Canada has imposed tariffs on U.S. products prior to 2025, including:
    A 25% tariff on $30 billion worth of U.S. goods, which includes items like orange juice, peanut butter, and appliances. Canada has also implemented retaliatory tariffs on U.S. steel and aluminum products, which are part of ongoing trade negotiations. These tariffs reflect the evolving trade relationship between Canada and the U.S. leading up to 2025.

    U.S. Census Bureau data shows that in 2024, the U.S. spent $412,695,700,000 on imports to Canada, which affected goods such as steel, aluminum, and agricultural products. In the same year, the U.S. spent $349,359,900 on exports from Canada.


    newsweek.com
    cbc.ca


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