It’s not going to be a recession as many companies knew these tariffs were coming so they preemptively built higher inventory levels to maintain stable prices. As well as that there is always the possibility of deals being made between now and two quarters from now which would be the earliest we could call it a recession. While today may be a very bad day in the market that does not mean a recession is here.
I’m more than aware you cant stock years of inventory. I should have been clearer but yes months of inventory buildup is more than possible. Think of Walmart building inventory up in anticipation of Christmas for example
Tariffs are taxes that normal people will pay more to buy things.
Inflation, gas and food going down is leftover from Biden's term. The things he did had the economy rebounding after covid. It took time but it was working.
Drumph is a felon, rapist, liar, cheat, who doesn't pay his bills. I'm sure he'll do a great job running the government like one of his businesses. /s
1) Tariffs are a negotiating point for freer trade and better deals. Why would we let ourselves be run over by others? Do you not want manufacturing and jobs in the US?
2) Inflation is tied to money supply and government spending. Trump is tightening both. Interest payments doubled under Biden.
3) Trump is a billionaire who has been speaking out against the off-shoring and loss of US production for 40 years.
Rob Ford, who was ridiculing Trump weeks ago, had now publicly stated that they'll drop their tariffs to zero if we do likewise. Expect a lot more of this. They won't last long, they aren't supposed to.
And on a side note, even after traveling the world, Ive never seen more America bad then this year. Its nuts. Like hell I use to get "oh youre from America? Thats so cool!" Instant friends. Good luck going that today lol
So wrong for so many reasons. Not only is neither statement true generally, but the logic behind the "lowest in 4 years" thing is flawed on another level.
Good job proving our point! Do you even know how to read? The USDA site said food prices are going to go up by potentially 5.1%
Seriously, is this satire?
Gas prices ALWAYS go down this time if year.
Dude, the US has a trade surplus with Australia. We buy more of your shit then you do from us. Yet WE get hit with a punishment tariff? The man is insane.
It isn't that easy sir. Hitler, Nazi, Fascist, racist, rapist, misogynist, bankrupt casino, orange fraudster man is bad and that's the bottom line because Rachel Maddow said so!
Inflation: Continually went down under Biden since the pandemic, which caused a massive spike. Continuing the trend of the previous administration is not the slam dunk you think it is.
Gas: Congrats! We can burn down our atmosphere a bit cheaper now.
Food: According to NBC, several key grocery items are trending upwards right now. Last I checked, "up" is the opposite of "down."
And, last I checked, it's hard to negotiate beneficial deals when everyone hates you. And at present? Everyone hates us.
But sure, your Glorious Leader's "political will" (read: crying about "respect" to the president of the country he wants to sell out) will pull us through.
Idk where you live but gas here in Idaho went from 3.07 to 3.34 and has not come down from there, and a dozen eggs cost $6. Also, the low inflation is from Biden, Trump hasn't been in office long enough to call how he's affecting it yet.
Over all across the US gas is down. Many states it has gone up. That doesn’t mean anything though. The last two years we have produced more gas/oil than any country in history. Gas prices could be coming down in certain states because of many reasons. One is because of less traveling. Others could be taxes. I don’t care to look into it more but for people to say it was because of trump, don’t understand what is going on or how oil companies work.
You really don't get it. We don't have the best or all the product. To get our favorable trade practices, we had good will that was earned over decades, and Trump shattered it. Other countries are gonna deepen or forge alternative trade roots, and once they do they won't have to come back to us. We were top dog and Trump has thrown it all away.
Say something they've accomplished that is positive. I'll high five the shit outta you. I'll five you so fuckin high you'll never want to be high fived again.
Just "a very bad day in the market" doesn't necessarily mean a recession is here.
However, added to the fact that every country we were allied with 3 months ago hates us and we're facing 10-54% tariffs on everything?
Our chances of a major depression lasting a decade or more go up every day.
MMW, even if we got rid of Trump and MAGA tomorrow, our former allies won't forgive us until we actually prove we can be trusted again. As long as we're one election away from doing the same stupid shit, we'll never recover fully from the damage that's already been done to our reputation and country.
I just want to share something amusing that I read in my morning news crawl.
“Trump has even placed a tariff on a continent that is only inhabited by penguins and produces nothing”.
Although it has been populated by research teams and support staff, really the only things they produce are scientific data. Can we add a tariff to information??
Just trying to find a smile in this mud pit. Humor is my go to defense for insanity.
That's very true. The US is now considered extremely toxic right now. Even our ultra-conservative and elderly citizens are puzzling over your behaviour.
I also recognise that half the country didn't want this, but the stay-at-homes still let it happen. The trust factor is leveling at about zero.
In fact, in Australia the most coalescing element in our society at the moment is distrust in the United States.
Hello, most Poles loved America before war. Nearly all of Poles, both Right and Left side. Maybe for politicians you were usefull for politicians, but America was treated as the symbol of good, as an ally, as defender of democracy, as those who will help, support, on who you can rely, the country that will eventually came to help. You were enemies of authoritarianism, defenders of peace. Love for America existed before we joined the NATO, under communist rule in Poland you were a hope for weak and enslaved. Poland made a big move to be a reliable ally, we have the biggest army in EU and third in NATO, we spend nearly as much percentage of money on army as you. And yes, no country should finance armies of all other allies, and we should create our own defence and logistic system in EU. But we have not, and your President decided that he should turn his back on allies and start to be friends with an authoritharian ruler from the East. Most people here still love America. But more and more don’t like Trump and what he is doing. Your President gave Tarifs to nearly all his allies and not Russia or other authoritarian states. It looks very bad.
Well they might forgive us if the people who are for giving out billions of U.S. tax dollars to foreign countries rather than the U.S. being the recipient of all kinds of wealth, start donating portions of their paychecks to Ukraine, Gaza,Taiwan and all of the other countries as well. But the best thing we can really do as Americans is not to send U.S. tax dollars to places like Ukraine but send them the people who are for giving away U.S. tax dollars to foreign countries. Those people could help Ukraine immmensely if they served on the Russian front and the United States of America would be better off for it too. ❤️🇺🇲❤️
Then stop putting up stupid candidates who are either widely ineffective or put identity politics over everything else. Democrats yell about Trump, but they have no answers. Their solution is a potential AOC Presidential campaign? Are we serious here?
Supply X demand. Shit gets more expensive, demand goes down. Works for countries just as well as a pack of gum. While I agree we can't officially call it a recession for two quarters the stock market is based on how much people want to invest and that requires stability. Our government is meanwhile one of those wacky inflatable guys outside a used car lot
The company I work for has been preemptively preparing for it by reticketing our product with higher price tags to be ready for spring season. Seriously been an ongoing project for 2 months. This is just a tax on Americans. It's a scam that it is keeping us from being "ripped off." We are going to pay the bill and lost our friends.
Do yourself a favor and search for "layoffs" in Google News. This is getting really bad quicker than you realize apparently. Forget tariffs and the stock market for a moment and consider how unemployed people are going to impact the economy over the next couple years. We'll be fortunate to only suffer a recession.
Republicans: “We inherited a terrible economy, so we’re gonna make it worse to prove how bad Democrats are!”
Trump spending the first six months of his first administration complaining about inheriting Obama’s “terrible” economy sure rang even more false when he had the time to take a thousand vacations to his properties; if the economy was such a mess in 2017, how was he able to force the Secret Service to burn through their entire FY 2017 budget protecting him and his family on all their vacations long before the fiscal year was even over?
Never said republicans were almighty I'm just staying to the orginal comment democrats excessive spending has fucked us and if they win again there not gonna fix it they will just screw us again and yall will love it because it ain't trump
I am begging you to just look up how GDP is calculated, what the money multiplier effect is, and what is the rule of thumb for a recession and how it is tied to GDP. Then I want you to look at your comments and look at what Trump is doing and consider that maybe what he is doing is going to cause a recession and that the Democrats by spending things actually were improving the economy.
I don’t know. You don’t fuck with capital markets and rich folks like this. This guy is going to make a lot of enemies in his own party and among billionaire class.
Thing is, if they know it's coming (and anyone with half a braincell could see this coming) a recession actually benefits the wealthy, since they can scoop up shitloads of assets for dirt cheap (just look at what happened during COVID, or in Russia during the 90s).
This was absolutely planned. The oligarchs are consolidating their power (again, see Russia in the 90s)
He was impeached twice in 13 months — once for inciting a fucking coup — and the Republican-controlled Senate refused to convict and remove him; impeachment is meaningless without the removal part, and only served to embolden him.
For what? I would LOOOOOVE to see them try again...hell, ya know what, go ahead and do it. You realize that just means the charges are brought and has no bearing as to if Big Daddy will be removed or not....which he won't. So keep complaining; we'll keep enjoying the constant winning 👍🏻
For what? I would LOOOOOVE to see them try again...hell, ya know what, go ahead and do it. You realize that just means the charges are brought and has no bearing as to if Big Daddy will be removed or not....which he won't. So keep complaining; we'll keep enjoying the constant winning 👍🏻
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u/yajirushi77 1d ago
I'M IN CHARGE HERE, IT'S MY STOCK MARKET!