Sure. Doesn’t everyone remember when Pelosi purposely and single handedly drove the world economy into the ditch? It’s all in Hillary’s emails on her private server.
I believe your comment was, "I believe the word for this is market manipulation. It’s insider trading on steroids." So I took the bait and ran with other examples of a sort of manipulation............Congressional Members and their abilties.
Go ahead and point out the similarities between Pelosi and numerous others in congress using privileged knowledge to make money on single stock holding to the world’s biggest moron crashing every sector of the stock market with a secret plan on when to uncrash them.
I thought he was stupid according to some circles. To be able to pull this off is rather genius in a twisted kind of way, IF it is the case.
according to some squares as well, while the triangles have a different slanty on him. Not sure if you noticed, but he is encircled by some of the greediest wealthiest individuals in the world, and some might have been privey to some information after suggesting something tariifffic in his ear, while kissin his phat rear and behind the back, I c ould easily see this happening, I have binoculars
No John, he reversed them because of this. Trumps turning out to be a real genius on "reading the room"
"Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subiects being discussed relative to Trade, Trade Barriers, Tariffs,Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated inany way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,"
OUR PLAN IS WORKING PERFECTLY AND IS JUST A NEGOTIATING TACTIC BUT IT IS ALSO GOING TO BE PERMANENT AND WE WILL BE THE WORLD LEADER IN TEXTILES AND NOW THERE IS A PAUSE AND EVERYONE NEEDS TO CHILL BUT ALSO WE WILL NEVER BACK DOWN AAAAAAHHHHHH
Apparently we will. We need to go back to when America was so great that families had more kids then they wanted, to make up for the one or two that will die from disease or working in the factories.
While I am very pleased that Trump has paused tariffs, I have to wonder if his supporters understand that Trump is all over the map and clearly does not know what he is doing. This uncertainty will linger over our economy while he is PotUS until he makes a decisive move and sticks with it.
In the meantime, Trump supporters need to do some basic research to understand why Trump has damaged international relationships for the long term (at least for the balance of his presidency) and how important global trade is to the success of the USA. Trump has been playing with fire and plenty of good factors have been burned.
I'm along the lines of thinking that Trout is drinking, or, is on target with the 1%s sucking up some stock deals, while the little investor squeals, Ned Beatty ish
Fox Business contributor Charles Gasparino laid it out in plain English and explained why Trump was forced to pause his insane tariffs for 90 days.
Here's a hint.
It was not because of The Art of The Deal.
GASPARINO: I mean, I want to tell you right now that Donald Trump outsmarted the world.
Trust me. I'm an American. I support my president. But that's not really what happened here, from what I understand.
And I know I'll get pushback, but here's what it is.
If any Republican disagrees with Trump they'll get attacked.
Reality is not allowed.
GASPARINO: I'm getting this from people that are talking to the White House, What happened in the bond market overnight, the spike in yields on the 30 year and the 10 year bond, which showed that people were dumping our bonds.
And who are those people dumping our bonds? Japan, the biggest holder of bonds, was selling bonds. That's what I'm getting from some very big money managers. China, maybe to some extent, but it was largely Japan and others.
If you have a mass sale of bonds, that means people are losing confidence in the U.S. economy, on the ability to do deals with us.
And from what I understand, this is what forced the hand of this 90-day reprieve.
Trump was destroying the entire infrastructure and backbone of the US economy on whim instigated by scumbag Peter Navarro.
Would you rather it be sourced from the left? Obviously it does not matter to the bots on this site, as the left is damned if they do and damned if they don’t.
I wonder what you would have said, or called Gaspirino, if Gaspirino said this was the plan all along and Trump was a financial genius. s/
There is nothing to wonder about. If someone makes partisan comments that do not square with reality they will not be respected. If they do, in spite of partisanship, make rational, truthful comments, they will be quoted.
The poster regularly disses on Fox News, but because one person stated what he wanted to hear and met his narrative, he used that person to make his point.
Many on the left are known to do this from time to time.
Confirmation bias. They will love anyone that says something that will give it to them and then claim the person has no credibility the next day when they say something that is not liked.
Sometimes truth is rather strange. It would seem that a country is using the islands as the point of origin for shipping to the US. As there's no manufacturing on the islands (and penguins lacking the opposable thumb would be hard pressed to operate machinery) it would seem there is an attempt to bypass previously imposed tariffs.
t is hard to get a clear picture of the trade relationship between the Heard and McDonald Islands and the US.
According to export data from the World Bank, the islands have, over the past few years, usually exported a small amount of products to the US.
The Guardian has also reported that an analysis of US import data and shipping records suggests that tariffs imposed on the Heard and McDonalds Islands, as well as Norfolk Island, are based on incorrect data.
It found shipments had been wrongly labelled as coming from the territories, rather than their actual places of origin.
One would think. But it's possible that the paperwork otherwise was correct and they (customs) didn't check to see if the island actually had manufacturing centers.
So now that we are not (properly) buying from China. . . what's next? Disconnections from old contractual agreements and creation of new contractual agreements. . . how long with those last? Flim-flam is at work here. We will revisit this in 90 da—or as soon as 'flimmy.'
I'm not an expert when it comes to the stock market, but I know that fortunes can be made or lost on it. Now if someone KNEW that when he was going to create a chaotic situation to make the market crash, and KNEW when he was going to do something to calm down the chaos, and nobody can accuse him of "insider trading" because the SCotUS gave him immunity for what he does to create the snakes and ladders of the stock market, so by knowing when to buy and sell he could easilly make a trillion dollars, couldn't he?
Rachel Maddow (and other outlets) did a story this Wednesday night on the Bond market beginning to sell off that forced Trump to 'stand-down.' It was not any 'smarts' of his or his team as they did not anticipate it happening:
Trump tariffs spark US government debt sell-off
Michael Race
Business reporter, BBC News
Confidence in the US economy is plummeting as investors dumped government debt amid growing concerns over the impact of Donald Trump's tariffs.
Governments sell bonds - essentially an IOU - to raise money from financial markets for public spending and in return they pay interest.
The US does not normally see high interest rates on its debt as its bonds are viewed as a safe investment, but on Wednesday rates spiked sharply to touch 4.5%.
The rise came after Trump pressed ahead with sweeping tariffs on goods being imported into the US, while Washington's trade war with China escalated further - although Trump on Wednesday did put a 90-day pause on higher tariffs for some countries.
After the US implemented a 104% tariff on products from China at midnight on Wednesday, Beijing hit back with 84% levy on American products. Trump later raised the tariff on China to 125%.
Stock markets have been falling sharply over the past few days in reaction to the escalating global trade war and fears of tariffs leading to higher prices, although US stocks soared when Trump announced the 90-day pause and a lowered 10% reciprocal tariff for other countries.
However, the sale of bonds in the US poses a major problem for the world's biggest economy.
The interest rate - or yield - for US government borrowing over 10 years has spiked sharply in the past couple of days from 3.9% to 4.5%, the highest level since February.
Trump even mentioned the instability in the Bond market as to why he was tacking to an 'off-ramp' for everybody but China when he paused.
So no! It is not a strategy play. Trump and his team was caught off-guard by the most important 'players' in the game cranking up to 'move.'
There is yet the question being asked as to what Trump 'signaled' this morning with a tweet (that one of our NT members even referenced in a comment to this grouping); it was given before Trump made his public statement on the Pause. Was it insider trading? A tip-off? Watch this space.
The REAL consequences of what Trump has done will soon be felt by the American public, especially by those who live paycheck to paycheck, if the initial signs have not already started to be felt.
I haven't seen any commentary about this being a "pause" for 90 days... which means that in 90 days Trump must either reinstate the tariffs (and youpee the rollercoaster starts again) or he must cancel / continue the pause (and try to convince someone/anyone that he "won the trade war").
The stock market resumed its slide on Thursday, as the White House clarified that Chinese imports would face a tariff of 145 percent, prompting renewed investor angst over an escalating trade war between the world’s two largest economies.
The S&P 500 fell 3.5 percent, a day after recording its best gain since 2008. The drop erased much of Wednesday’s 9.5 percent rise and showed that fears that tariffs could hamper economic growth were still very much alive.
Thursday’s drop brought a continuation of the chaotic trading conditions and sharp losses that have characterized the stock market since President Trump’s announcement last week of steep tariffs across the nation’s trading partners. As stocks slid again, the wild swings in government bonds caught the attention of policymakers who are watching to ensure that one of the most crucial financial markets in the world continues to function smoothly.
Investors had welcomed Mr. Trump’s 90-day reprieve on higher tariffs, and the market soared within minutes of the announcement on Wednesday. The pause applied to all countries except China, which investors had thought would face an import tax of 125 percent.
But stocks began to drop on Thursday morning as analysts noted that even with the tariff pause, countries still faced a new blanket 10 percent tariff — already much higher than before. Tariffs recently imposed on cars and auto parts, and steel and aluminum, would also remain in place. Then the White House clarified that the new 125 percent tariff on Chinese imports was on top of earlier 20 percent tariffs, taking the number to 145 percent.
“Despite the good news, policy uncertainty remains elevated and will act as a drag on the U.S. economy,” James Rossiter, the head of global macro strategy at TD Securities, wrote in a note. “Firms will struggle to plan.”
President Trump signaled an openness to negotiating with countries over the nearly across-the-board 10 percent tariff he had imposed. While describing it as a “baseline” at a cabinet meeting on Thursday, he also seemed to say it could be subject to change. “It depends on what they’re adding,” he said.
Chief executives have begun to warn that uncertainty is challenging enough.
On Wednesday, Delta Air Lines said a lack of clarity about the economy prevented it from telling investors how much money it expected to make this year. Delta’s stock price tumbled more than 11 percent on Wednesday.
Economists also warned that the remaining tariffs on China would still have enormous repercussions for the American economy. Many public companies whose stocks and shares trade on the open market rely on imports from China. The clothing retailer Nike fell over 8 percent Thursday.
Wendong Zhang, an assistant professor of applied economics and policy at Cornell, pointed out that “many products that the U.S. imports are predominantly from China,” including 73 percent of smartphones, 78 percent of laptops, 87 percent of video game consoles and 77 percent of toys. “Resourcing from other countries will take time and result in much higher costs,” Mr. Zhang said in an interview on Wednesday.
Trump announced a 90 day pause on almost all tariffs, excepting China. He is raising the tariff on China to 125%
He is doing this BECAUSE the markets were tanking.
MAGA will now praise his "brilliance".
Pray for our country.
And now all the billionaires are buying up all that stock at low prices
The bimbo press secretary is telling the reporters that Trump carried out the plan he had all along.
At least this one knows what she's talking about unlike the the previous DEI hire.
I believe the word for this is market manipulation. It’s insider trading on steroids.
If it is, he probably got some tips from Pelosi and some of the other Congress critters.
Sure. Doesn’t everyone remember when Pelosi purposely and single handedly drove the world economy into the ditch? It’s all in Hillary’s emails on her private server.
Yeah, they'll make all kinds of excuses for Pelosi.
[✘] And I guess you missed the "the other Congress critters" part. NOTHING about single handedly.
Is that supposed to be a serious comment? Was it deflection when you so randomly and idiotically brought Pelosi into the conversation?
I believe your comment was, "I believe the word for this is market manipulation. It’s insider trading on steroids." So I took the bait and ran with other examples of a sort of manipulation............Congressional Members and their abilties.
Go ahead and point out the similarities between Pelosi and numerous others in congress using privileged knowledge to make money on single stock holding to the world’s biggest moron crashing every sector of the stock market with a secret plan on when to uncrash them.
The press secretary or the VP?
I thought he was stupid according to some circles. To be able to pull this off is rather genius in a twisted kind of way, IF it is the case.
That's right. They both were DEI hires
according to some squares as well, while the triangles have a different slanty on him. Not sure if you noticed, but he is encircled by some of the greediest wealthiest individuals in the world, and some might have been privey to some information after suggesting something tariifffic in his ear, while kissin his phat rear and behind the back, I c ould easily see this happening, I have binoculars
D'ya think?
I don't think that this piece of crap has any clue. She is a washed out lying trollop who wears a cross around her neck to keep the devil inside
Wow. I can't vote it up (that phrase: "cross. . . devil inside" is 'cold' though).
I'm surprised that cross doesn't burn her
She’ll be the next Mar-a-Lago fish face.
nice work!
She looks like donald duck
No John, he reversed them because of this. Trumps turning out to be a real genius on "reading the room"
"Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subiects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,"
Do we even have textile manufacturing in this country?
Apparently we will. We need to go back to when America was so great that families had more kids then they wanted, to make up for the one or two that will die from disease or working in the factories.
And nobody's making enough money to feed those kids
That is why they are working.
MAGA: No freeloaders here. I don't care if your only 10....
Maybe now we can get back to him trying to turn our country into an autocracy.
While I am very pleased that Trump has paused tariffs, I have to wonder if his supporters understand that Trump is all over the map and clearly does not know what he is doing. This uncertainty will linger over our economy while he is PotUS until he makes a decisive move and sticks with it.
In the meantime, Trump supporters need to do some basic research to understand why Trump has damaged international relationships for the long term (at least for the balance of his presidency) and how important global trade is to the success of the USA. Trump has been playing with fire and plenty of good factors have been burned.
This was done entirely because the stock market was tanking since the initial announcement last week.
Trump said tariffs will make us rich to the tune of trillions of dollars. Where is that revenue going to come from now? LOL.
I'm along the lines of thinking that Trout is drinking, or, is on target with the 1%s sucking up some stock deals, while the little investor squeals, Ned Beatty ish
How'd you guess?
guess, i'm wild , at guessing
He's making decisive moves and succeeding! You appear to be blind to the reality of what's really happening.
How on earth do you see this as a win?
The amazing irony of that statement.
Think I'll wait for Stephanie Ruhle's reaction tonight. Eye candy though she may be her brain is what elevates her to 'the-one-to-watch'.
(Note to self ... a little less BGT)
I'm sure this will restore the world's confidence in our President!
I am s-o-o-o-o relived!
Wait til he starts bragging about what a genius move it was by him.
Looks like Trump and the Republicans are getting the last laugh.....again.
How??
By the manipulation of fact and fiction, otherwise known as gaslighting.
... and by those gullible enough to believe it.
Fox Business contributor Charles Gasparino laid it out in plain English and explained why Trump was forced to pause his insane tariffs for 90 days.
Here's a hint.
It was not because of The Art of The Deal.
If any Republican disagrees with Trump they'll get attacked.
Reality is not allowed.
Trump was destroying the entire infrastructure and backbone of the US economy on whim instigated by scumbag Peter Navarro.
So because someone on Fox said something you agree with, you are going to use them as a source.
I wonder what you would have said, or called Gaspirino, if Gaspirino said this was the plan all along and Trump was a financial genius. s/
Would you rather it be sourced from the left? Obviously it does not matter to the bots on this site, as the left is damned if they do and damned if they don’t.
Do you care about the truth or partisan spin?
There is nothing to wonder about. If someone makes partisan comments that do not square with reality they will not be respected. If they do, in spite of partisanship, make rational, truthful comments, they will be quoted.
What do you expect?
Seems you missed the point.
The poster regularly disses on Fox News, but because one person stated what he wanted to hear and met his narrative, he used that person to make his point.
Many on the left are known to do this from time to time.
Confirmation bias. They will love anyone that says something that will give it to them and then claim the person has no credibility the next day when they say something that is not liked.
Exactly what it is.
Most have blinders on so they just don't see it.
It seems that you have no point, since no matter what source a D uses (including your own) you will whine[✘]
But according to Gasparino trmp outsmarted the world????
Morning...all power to the penguins..
I knew the threat of invasion would do it..🤣🤣
Sometimes truth is rather strange. It would seem that a country is using the islands as the point of origin for shipping to the US. As there's no manufacturing on the islands (and penguins lacking the opposable thumb would be hard pressed to operate machinery) it would seem there is an attempt to bypass previously imposed tariffs.
Morning..so your customs and bio security let electrical and machinery goods into the States and they didn't have a clue where it's from?
Flipping heck...two minutes on google should have been enough to set alarms ringing you would think..
One would think. But it's possible that the paperwork otherwise was correct and they (customs) didn't check to see if the island actually had manufacturing centers.
funny how there's always valid explanations readily accepted by those gullible enough to believe trumpski ...
They're scary
So now that we are not (properly) buying from China. . . what's next? Disconnections from old contractual agreements and creation of new contractual agreements. . . how long with those last? Flim-flam is at work here. We will revisit this in 90 da—or as soon as 'flimmy.'
I'm not an expert when it comes to the stock market, but I know that fortunes can be made or lost on it. Now if someone KNEW that when he was going to create a chaotic situation to make the market crash, and KNEW when he was going to do something to calm down the chaos, and nobody can accuse him of "insider trading" because the SCotUS gave him immunity for what he does to create the snakes and ladders of the stock market, so by knowing when to buy and sell he could easilly make a trillion dollars, couldn't he?
But that would be dishonest. Illegal. And we know that the Trump Administration would never do anything dishonest... much less illegal.
We know that. Right?
Surely Trump has never done anything dishonest, same as he has never lied, you can Trust him, can't you?
You reassure me, Buzz. Thanks s-o-o-o much!
De rien.
Rachel Maddow (and other outlets) did a story this Wednesday night on the Bond market beginning to sell off that forced Trump to 'stand-down.' It was not any 'smarts' of his or his team as they did not anticipate it happening:
Trump even mentioned the instability in the Bond market as to why he was tacking to an 'off-ramp' for everybody but China when he paused.
So no! It is not a strategy play. Trump and his team was caught off-guard by the most important 'players' in the game cranking up to 'move.'
There is yet the question being asked as to what Trump 'signaled' this morning with a tweet (that one of our NT members even referenced in a comment to this grouping); it was given before Trump made his public statement on the Pause. Was it insider trading? A tip-off? Watch this space.
The REAL consequences of what Trump has done will soon be felt by the American public, especially by those who live paycheck to paycheck, if the initial signs have not already started to be felt.
I haven't seen any commentary about this being a "pause" for 90 days... which means that in 90 days Trump must either reinstate the tariffs (and youpee the rollercoaster starts again) or he must cancel / continue the pause (and try to convince someone/anyone that he "won the trade war").
Anyone taking bets?
On what? That this leader likes his stock market to be 'bi-polar'? Or schizoid?
Live Updates: Stocks Dive Again as Angst Rises Over Trump’s Trade War
Wall Street stumbles as relief over tariff pause fades.
The stock market resumed its slide on Thursday, as the White House clarified that Chinese imports would face a tariff of 145 percent, prompting renewed investor angst over an escalating trade war between the world’s two largest economies.
The S&P 500 fell 3.5 percent, a day after recording its best gain since 2008. The drop erased much of Wednesday’s 9.5 percent rise and showed that fears that tariffs could hamper economic growth were still very much alive.
Thursday’s drop brought a continuation of the chaotic trading conditions and sharp losses that have characterized the stock market since President Trump’s announcement last week of steep tariffs across the nation’s trading partners. As stocks slid again, the wild swings in government bonds caught the attention of policymakers who are watching to ensure that one of the most crucial financial markets in the world continues to function smoothly.
Investors had welcomed Mr. Trump’s 90-day reprieve on higher tariffs, and the market soared within minutes of the announcement on Wednesday. The pause applied to all countries except China, which investors had thought would face an import tax of 125 percent.
But stocks began to drop on Thursday morning as analysts noted that even with the tariff pause, countries still faced a new blanket 10 percent tariff — already much higher than before. Tariffs recently imposed on cars and auto parts, and steel and aluminum, would also remain in place. Then the White House clarified that the new 125 percent tariff on Chinese imports was on top of earlier 20 percent tariffs, taking the number to 145 percent.
“Despite the good news, policy uncertainty remains elevated and will act as a drag on the U.S. economy,” James Rossiter, the head of global macro strategy at TD Securities, wrote in a note. “Firms will struggle to plan.”
President Trump signaled an openness to negotiating with countries over the nearly across-the-board 10 percent tariff he had imposed. While describing it as a “baseline” at a cabinet meeting on Thursday, he also seemed to say it could be subject to change. “It depends on what they’re adding,” he said.
Chief executives have begun to warn that uncertainty is challenging enough.
On Wednesday, Delta Air Lines said a lack of clarity about the economy prevented it from telling investors how much money it expected to make this year. Delta’s stock price tumbled more than 11 percent on Wednesday.
Economists also warned that the remaining tariffs on China would still have enormous repercussions for the American economy. Many public companies whose stocks and shares trade on the open market rely on imports from China. The clothing retailer Nike fell over 8 percent Thursday.
Wendong Zhang, an assistant professor of applied economics and policy at Cornell, pointed out that “many products that the U.S. imports are predominantly from China,” including 73 percent of smartphones, 78 percent of laptops, 87 percent of video game consoles and 77 percent of toys. “Resourcing from other countries will take time and result in much higher costs,” Mr. Zhang said in an interview on Wednesday.
Another economist's opinion, says Trump is doing the right thing.
Trump Knows Tariffs, Laffer Says