Will Trump Supporters tolerate the Dow closing below 38,000?

[The Psychic Observer 463]

6 minutes ago, shadrap said:

Yes, Trump did this.  We have been taking it up the ass on tariffs for too long.  Trump is trying to fix that.  

Define "taking it up the ass on tariffs" and how does starting a global trade war fix that?

[Tree of Knowledge 1,682]

Up 2.2% today.  Thanks Hakeem Jeffries.  

[SaintsInDome2006 357]

1 hour ago, Maximum Overkill said:

This means nothing for people like us. The casual investor may panic, others understand the evenflow of the markets and how to navigate through it. 

There's absolutely nothing to panic about, Liberals are just looking for something to blame on Trump. 

Man what % of the American populace invested in some sort of stock or bond does this describe? Also wiping my out $12 trillion in market value is indefensible.

[Grace Under Pressure 66]

7 minutes ago, joneo said:

Take a good look at the 10 year history of the stock market and explain away the huge dips during Biden's years. You are an expert of histrionics and not history of how the market works.

This isn't just historically based normal market seasonality at all. The market was doing quite well, and then very abruptly starting going down when Trump announced his genius tariff non-strategy. And has continued to tank since. This isn't just "markets gonna market". He did this deliberately. How would anyone need this to be explained to them? 

[Hardcore troubadour 14,875]

Biden had no affect on the stock market. When it went down. 

[SaintsInDome2006 357]

Just now, Hardcore troubadour said:

Biden had no affect on the stock market. When it went down. 

Not just Biden, almost all of them. Presidents don’t go near messing with the economy, at least when things are going well.

[Hardcore troubadour 14,875]

1 hour ago, SaintsInDome2006 said:

Not just Biden, almost all of them. Presidents don’t go near messing with the economy, at least when things are going well.

Yeah. Printing and pumping trillions into to the economy means little. 

[SaintsInDome2006 357]

8 minutes ago, Hardcore troubadour said:

Yeah. Printing and pumping trillions into to the economy means little. 

Trump - to his credit - dumped ~$7 trillion into the market in 2020.

[Hardcore troubadour 14,875]

8 minutes ago, SaintsInDome2006 said:

Trump - to his credit - dumped ~$7 trillion into the market in 2020.

Yeah. Then Biden tossed more fuel on the fire. Had no affect. You guys are so smart. 

[TBayXXXVII 2,477]

On 4/21/2025 at 1:49 PM, RaiderHaters Revenge said:

i get so confused, I thought libtards hated the rich but now cry they lose imaginary money

 

They don't hate the rich nor do they want them to lose money.  What they want is force the rich (not themselves though), to continue to make money, but be forced to give it to the liberal politicians, media, and corporate donators, (oops, Freudian slip), poor.  I meant poor.

[easilyscan 847]

Tesla reports in an hour. Bought 200 Graniteshares 2x Short TSLA Daily ETF (TSDD) as a hedge in case it's even worse than most are expecting. 

[BunnysBastatrds 2,294]

Me wub it

[Horseman 2,335]

4 hours ago, Grace Under Pressure said:

In what world, and when, did it "make all that back and more"? The S&P was at 5975 when this dope took office. It's now at 5250. That's a 12% haircut. It never "made that back and more". 

First week of April to yesterday. You know, when the last time the dow dropped 1000 points and the skyscreamers freaked out just like yesterday "dow dropped another 1000 points!!11!"   

Oh and look, we've already made up most of yesterday today.  

Look nobody likes volatility, but if you have cash and the stomach for it you can use it to your advantage.  But based on your posts, you're a weakling, and you'd do better off not paying any attention to it.  Unless you're a day trader you should be investing for the next 10 to 40 years, not for what happens in April of 2024.  HTH 

[Horseman 2,335]

4 hours ago, Grace Under Pressure said:

This isn't just historically based normal market seasonality at all. The market was doing quite well, and then very abruptly starting going down when Trump announced his genius tariff non-strategy. And has continued to tank since. This isn't just "markets gonna market". He did this deliberately. How would anyone need this to be explained to them? 

You looked at the 10 year as suggested and don't think we were due a correction?   

All kinds of things can trigger it, like the uncertainty around tariffs, but to say it's going to have results any different than any other correction or recession is mind blowing dumb.  Forget the correction under Biden, forget the housing crisis under Obama, forget the dot com bubble under Clinton, did you forget completely about Covid too?   Do you remember how quick the market recovered?  This time it's (D)ifferent?

JFC 

[SaintsInDome2006 357]

1 hour ago, Hardcore troubadour said:

Yeah. Then Biden tossed more fuel on the fire. Had no affect.

The US had the best GDP recovery post Covid, best unemployment and best inflation numbers post Covid in the world. - Every other administration would be seeking to share credit for that rather than attacking the other administration for piggybacking on their efforts. It's like the Covid vaccine, the other accomplishment of the Trump administration but again he and maga want no credit for it. Odd stuff.

[Horseman 2,335]

7 hours ago, The Psychic Observer said:

It's also the worst month of April since 1932 which was the great depression.

The problem with that headline is that they didn't wait until the end of April to write it.  They don't care though, they know they have low IQ readers like you that will lap it up.  

[The Psychic Observer 463]

29 minutes ago, Horseman said:

First week of April to yesterday. You know, when the last time the dow dropped 1000 points and the skyscreamers freaked out just like yesterday "dow dropped another 1000 points!!11!"   

 

We're still down 7% on the SPY from liberation day alone.  10% down YTD.

[jonmx 2,424]

Trump is taking the painful steps to make our economy healthy long-term. All you bozos who love endless wasteful government are morons.  We are growing in debt with no way out.  I don't give a rats ass if it goes to 20,000.  I am not going to panic or sell.   Our whole money system is a huge corrupt disaster which has to fail at some point.  It was never designed to succeed.   It was designed to strap citizens with mountains of debt thereby enslaving them to the money printers.   Buth the expert economists at the NY Times says going in endless debt is great, but eff those lying morons.  

[The Psychic Observer 463]

19 minutes ago, Horseman said:

You looked at the 10 year as suggested and don't think we were due a correction?   

All kinds of things can trigger it, like the uncertainty around tariffs, but to say it's going to have results any different than any other correction or recession is mind blowing dumb.  Forget the correction under Biden, forget the housing crisis under Obama, forget the dot com bubble under Clinton, did you forget completely about Covid too?   Do you remember how quick the market recovered?  This time it's (D)ifferent?

JFC 

The difference is that Trump put the tariffs in place willingly which caused the correction.  No other president willingly enacted policy which directly resulted in the correction.

[Grace Under Pressure 66]

1 hour ago, Horseman said:

You looked at the 10 year as suggested and don't think we were due a correction?   

All kinds of things can trigger it, like the uncertainty around tariffs, but to say it's going to have results any different than any other correction or recession is mind blowing dumb.  Forget the correction under Biden, forget the housing crisis under Obama, forget the dot com bubble under Clinton, did you forget completely about Covid too?   Do you remember how quick the market recovered?  This time it's (D)ifferent?

JFC 

What a joke. Your boy did this. Own up to something for once. 

[jbycho 546]

7 minutes ago, Grace Under Pressure said:

What a joke. Your boy did this. Own up to something for once. 

Sure thing Rusty. Yet another whining liberal...

[Horseman 2,335]

12 minutes ago, Grace Under Pressure said:

What a joke. Your boy did this. Own up to something for once. 

I already said uncertainty around the tariffs was the catalyst.  You're taking it much harder than I am.   It's a blip on the radar a few years from now, maybe even months.  

[Horseman 2,335]

1 hour ago, The Psychic Observer said:

We're still down 7% on the SPY from liberation day alone.  10% down YTD.

It almost like yesterday, that spurred the article and your skyscreaming, never even happened.  

[The Real timschochet 6,356]

1 hour ago, jonmx said:

Trump is taking the painful steps to make our economy healthy long-term.   

I stopped here because it’s TOTAL NONSENSE and it makes the rest of your post irrelevant. No, tariffs will not make our economy healthy long term. They will not bring manufacturing back. This is a fool’s errand. 

The way to grow the economy is through more trade not less. We can sustain the debt we have and even more so long as the economy keeps growing. What we can’t afford is shrink the economy, that’s when the debt becomes unsustainable. 

[Horseman 2,335]

2 minutes ago, The Real timschochet said:

I stopped here because it’s TOTAL NONSENSE and it makes the rest of your post irrelevant. No, tariffs will not make our economy healthy long term. They will not bring manufacturing back. This is a fool’s errand. 

The way to grow the economy is through more trade not less. We can sustain the debt we have and even more so long as the economy keeps growing. What we can’t afford is shrink the economy, that’s when the debt becomes unsustainable. 

Guy that never made it out of the family business running a chitty strip mall wants to talk economics.  Get in line with the rest of the idiots.  

[jbycho 546]

32 minutes ago, Horseman said:

Guy that never made it out of the family business running a chitty strip mall wants to talk economics.  Get in line with the rest of the idiots.  

Imagine how stupid a person would have to be to take financial advice from a guy who's sole job is to be a janitor for an abandoned strip mall for the entirety of his adulthood. 

[Engorgeous George 2,097]

I was hoping we could get some announcement about agreements in principle this week on trade, maybe with Japan, Italy or the E.U. and or India.  Even if the deals were not consumated and might take weeks or months to come to fruition such an announcement(s) would do wonders for stabilizing things.  Sadly, with the terrorist attack in India I imagine their attention is elsewhere right now.  I would be shocked to hear anything from them for some weeks now.

[seafoam1 2,791]

4 minutes ago, Engorgeous George said:

I was hoping we could get some announcement about agreements in principle this week on trade, maybe with Japan, Itqaly or the E.U. and or India.  Even if the deals were not consumated and might take weeks or months to come to fruition such an announcement(s) would do wonders for stabilizing things.  Sadly, with the terrorist attack in India I imagine their attention is elsewhere right now.  I would be shocked to hear anything from them for some weeks now.

Cool story. 

[Hardcore troubadour 14,875]

Will TDS suffering cucks celebrate if it breaks 50?  Not a chance. 

[MDC 7,085]

3 hours ago, jonmx said:

I don't give a rats ass if it goes to 20,000.  

I hope it does!  

[joneo 556]

8 hours ago, Grace Under Pressure said:

This isn't just historically based normal market seasonality at all. The market was doing quite well, and then very abruptly starting going down when Trump announced his genius tariff non-strategy. And has continued to tank since. This isn't just "markets gonna market". He did this deliberately. How would anyone need this to be explained to them? 

You avoid and deflect. Typical response from a liberal. 

[jonmx 2,424]

2 hours ago, The Real timschochet said:

I stopped here because it’s TOTAL NONSENSE and it makes the rest of your post irrelevant. No, tariffs will not make our economy healthy long term. They will not bring manufacturing back. This is a fool’s errand. 

The way to grow the economy is through more trade not less. We can sustain the debt we have and even more so long as the economy keeps growing. What we can’t afford is shrink the economy, that’s when the debt becomes unsustainable. 

You are a effing idiot...I stopped at Tim 

[The Real timschochet 6,356]

3 hours ago, Horseman said:

Guy that never made it out of the family business running a chitty strip mall wants to talk economics.  Get in line with the rest of the idiots.  

The thing about tariffs is you don’t have to be a genius to know they totally suck. It’s the opposite- only morons like them. So you should feel comfortable. 

[Hardcore troubadour 14,875]

2 minutes ago, The Real timschochet said:

The thing about tariffs is you don’t have to be a genius to know they totally suck. It’s the opposite- only morons like them. So you should feel comfortable. 

Why do so many counties have them? The EU are all morons? 

[The Real timschochet 6,356]

3 minutes ago, Hardcore troubadour said:

Why do so many counties have them? The EU are all morons? 

It’s very tempting for small countries to try to protect their own industries. That’s why they have them. It’s stupid for us. 

[seafoam1 2,791]

35 minutes ago, The Real timschochet said:

It’s very tempting for small countries to try to protect their own industries. That’s why they have them. It’s stupid for us. 

It's stupid for you to be whining day and night, day after day after day.....

Yeah, let's stick with that truth. It makes more sense than anything you gurgle out of your fat mouth. 

[Hardcore troubadour 14,875]

48 minutes ago, The Real timschochet said:

It’s very tempting for small countries to try to protect their own industries. That’s why they have them. It’s stupid for us. 

Germany is a small country? 

[The Real timschochet 6,356]

5 minutes ago, Hardcore troubadour said:

Germany is a small country? 

In economic terms compared to the USA? Yes. But even so it’s stupid for them to have tariffs. 

[Hardcore troubadour 14,875]

58 minutes ago, The Real timschochet said:

In economic terms compared to the USA? Yes. But even so it’s stupid for them to have tariffs. 

And what do you think DJT’s goal is with these tariffs? 

[SaintsInDome2006 357]

19 hours ago, Hardcore troubadour said:

And what do you think DJT’s goal is with these tariffs? 

 

Quote

 

What exactly does President Donald Trump want tariffs to accomplish?

There hasn’t been a single cohesive narrative from the White House about what Trump ultimately hopes his tariffs will achieve, and with the president’s attempt Tuesday afternoon to walk back from the brink of his all-out trade war with China, his constant waffling makes it hard to keep track of what he really wants from all this. So all we can do is look at what the administration is actually doing.

So far, Trump’s tariff plan appears to be the equivalent of setting the neighborhood on fire and standing outside with a big fire truck, waiting for all the people line up and plead for help. And there’s not much to suggest the strategy goes much further than that, despite the administration’s quixotic and largely rhetorical fantasy of a bringing manufacturing back to the United States.

“The administration will say that one of the objectives of its grand economic strategy is to reindustrialize America,” said Joseba Martinez, an economics professor at London Business School. ”If that is the objective, the economic policy is internally inconsistent.”

The contradiction boils down to this: Tariffs can be a cudgel in trade talks, or they can force companies to bring operations to America, but they can’t do both at the same time. Once you start cutting deals, the cudgel loses its power. Industry leaders will quickly catch wise and, rather than spend billions upending their supply chains, work overtime to hammer out some kind of exemption.

...

 

Allison Morrow

In short, Trump doesn't have a goal and he can't make up his mind why he is doing it.