Market crashing

Quote: terapined1

The market going up after the election was built on hope
Reality is setting in

He should fake an assassination attempt to get a new round of sympathy from the MAGA faithful.

Sure, and do it while he's nailed to a cross, to get the evangelicals.

news this morning is about tariff compromise in the works

maybe we only learn this from other countries?

https://www.bbc.com/news/articles/c5yx02nnnyvo

Holy cow! ‘The market’ soared today! What happened to the ‘Trump crash’? Is he not President today? No, the markets just remembered that Harris is not President, that’s all. (No, I don’t really believe that, just as I believe the markets can succeed with Trump)

Interesting analogy. Please tell me where I’m wrong. You all will agree that Democrats want higher corporate taxes than Republicans. Please try and explain to me how a higher corporate taxes isn’t inflationary and ‘market averse’ like you say tariffs are?

The market is in a very volatile period now, just as the country is.

Where things will end up nobody knows.

The bounce today was probavly because His Royal Highness delayed imposing a tariff on cars for another month.

We investers all wanna make money but just like the coorporatons themselves we are grasping at straws trying to find our way through perilous waters.

Quote: SOOPOO

Holy cow! ‘The market’ soared today! What happened to the ‘Trump crash’? Is he not President today? No, the markets just remembered that Harris is not President, that’s all. (No, I don’t really believe that, just as I believe the markets can succeed with Trump)

Interesting analogy. Please tell me where I’m wrong. You all will agree that Democrats want higher corporate taxes than Republicans. Please try and explain to me how a higher corporate taxes isn’t inflationary and ‘market averse’ like you say tariffs are?

Your definition of soared is interesting. There is a small bounce up since this morning, still way down since yesterday, and way down this year.

Biden had one of the best markets in world history, but he gets no credit for it, and frankly rarely should a President. The exception is executive tariffs, this is one thing a President can do with no notice unilaterally and mess up the market overnight.

The market did not crash today, but a tiny bounce is not soaring by any reasonable definition.

I also don't know any Dem who makes corporate taxes a massive part of their campaign. Trump has never shut up about tariffs the last 10 years, very different levels of interest. Even the proposals by Biden to raise corporate taxes (when he was still running,) were like 2-3% in certain cases, very different than a 25% increase on all products overnight.

Also, gas prices will go up even more if tariffs do not get removed. Which will also increase prices further (this may be a month or more out,) we get basically all of our oil from Canada, so a straight 10% increase will eventually increase gas prices (and that is the current reduced rate, in 30 days that may be bumped to 25%.)

You are praising a small bump that means nothing in the long run, let's see in a month where the market is.

What do you think will increase prices more, a 3% raise in corporate tax (for some sectors,) or a 25% tariff on all products, and a 10% increase in fuel costs (which may be 25% in a couple month)?

Quote: Gandler

You are praising a small bump that means nothing in the long run, let's see in a month where the market is.

Still too small of a sample. Let's check once a year and see where the markets are.

Quote: Gandler

Your definition of soared is interesting. There is a small bounce up since this morning, still way down since yesterday, and way down this year.

Biden had one of the best markets in world history, but he gets no credit for it, and frankly rarely should a President. The exception is executive tariffs, this is one thing a President can do with no notice unilaterally and mess up the market overnight.

The market did not crash today, but a tiny bounce is not soaring by any reasonable definition.

I also don't know any Dem who makes corporate taxes a massive part of their campaign. Trump has never shut up about tariffs the last 10 years, very different levels of interest. Even the proposals by Biden to raise corporate taxes (when he was still running,) were like 2-3% in certain cases, very different than a 25% increase on all products overnight.

Also, gas prices will go up even more if tariffs do not get removed. Which will also increase prices further (this may be a month or more out,) we get basically all of our oil from Canada, so a straight 10% increase will eventually increase gas prices (and that is the current reduced rate, in 30 days that may be bumped to 25%.)

You are praising a small bump that means nothing in the long run, let's see in a month where the market is.

What do you think will increase prices more, a 3% raise in corporate tax (for some sectors,) or a 25% tariff on all products, and a 10% increase in fuel costs (which may be 25% in a couple month)?

I like your post. But I thought I made it clear that today’s bump really can’t be attributed to Trump. And an additional 3% added to the corporate tax rate would be a huge deal. My experience is when corporations (or stores) have a 3% raise in their costs YOU will be seeing a far higher raise in YOUR costs to buy the product.

Right now, we are spending a trillion or so more than we take in every year. Please tell me what program YOU want to cut? Or what taxes YOU want to raise? Or are you just happy owing trillions more dollars?

Quote: SOOPOO

Right now, we are spending a trillion or so more than we take in every year. Please tell me what program YOU want to cut? Or what taxes YOU want to raise? Or are you just happy owing trillions more dollars?

I realize that you were not asking me, but I have a simple answer. Sell more lottery tickets.

Quote: SOOPOO

But I thought I made it clear that today’s bump really can’t be attributed to Trump.

Can to.

Quote:

The rally came after the Trump administration announced a one-month reprieve on auto tariffs for Canada and Mexico, easing investor concerns about a global trade war.

US stocks, which had teetered during the day, surged higher after the White House confirmed the one-month exemption.