Stock Market is f*cked

[QUOTE=ZenMaster;14991060]It was denied by the white house about 30 minutes after your initial post and you only posted about it again because I called you out on it, otherwise you would've silently pretended you didn't come on here just to confirm some fake news as true.[/QUOTE]

Called me out on it? I didn't make the news. :oldlol:

I was just trying to explain the market flip, and that was the reason. This is a thread about the stock market. If you found out it was fake 30 min after maybe YOU should have said something then. I was just explaining the market flip.

[QUOTE=Bill Gates;14991067]Called me out on it? I didn't make the news. :oldlol:

I was just trying to explain the market flip, and that was the reason. This is a thread about the stock market. If you found out it was fake 30 min after maybe YOU should have said something then. I was just explaining the market flip.[/QUOTE]

Yes, you didn't post about it again until I sarcastically asked you for video.

You didn't just try to explain the market flip, the story was about a rumor of Trump considering pausing tariffs for 90 days and you confirmed that rumor by saying that "Trump has come out and said".

[QUOTE=ZenMaster;14991070]Yes, you didn't post about it again until I sarcastically asked you for video.

You didn't just try to explain the market flip, the story was about a rumor of Trump considering pausing tariffs for 90 days and you confirmed that rumor by saying that "Trump has come out and said".[/QUOTE]

Yeah? that rumor (That Trump was going to pause for 90 days) is why the market reversed yesterday. There are a lot of articles about that viral rumor today. I linked you one did you read it? Everyone bit on it. You're trying to use it as some sort of gotcha moment but the entire market bit on it.

[QUOTE=Bill Gates;14991072]Yeah? that rumor (That Trump was going to pause for 90 days) is why the market reversed yesterday. There are a lot of articles about that viral rumor today. I linked you one did you read it? Everyone bit on it. You're trying to use it as some sort of gotcha moment but the entire market bit on it.[/QUOTE]

Yes and you confirmed the rumor by claming that "Trump has said", like it was in a press conference or some shit.

[QUOTE=ZenMaster;14991074]Yes and you confirmed the rumor by claming that "Trump has said", like it was in a press conference or some shit.[/QUOTE]
Yes, because that is what myself and the rest of the stock market read happened. I read that was the reason for the reversal (and it was) and I relayed it in here.

[QUOTE=Bill Gates;14991076]Yes, because that is what myself and the rest of the stock market read happened. I read that was the reason for the reversal (and it was) and I relayed it in here.[/QUOTE]

OK can you link me the story you read which confirmed that Trump had actually said it in a press conference and it wasn't just a rumor that he was thinking about?

[QUOTE=ZenMaster;14991078]OK can you link me the story you read which confirmed that Trump had actually said it in a press conference and it wasn't just a rumor that he was thinking about?[/QUOTE]
Uh, you are suggesting that the rumors themselves never happened?

The 90 day pause was trending all over social media, here is a story about it:

[url]https://www.forbes.com/sites/tylerroush/2025/04/07/trump-90-day-tariff-pause-rumor-causes-stock-whipsaw-before-white-house-calls-it-fake-news-heres-what-happened/[/url]


It spurred from a misinterpretation of an interview with Kevin Hassett, director of the National Economic Council -

[I]During his interview, Hassett was asked whether Trump could call a “90-day timeout” on his tariffs, to which Hassett responded: “I think the president will decide what the president is going to decide.”[/I]

And where I saw the 90-day pause trending? All over Twitter. The supposed word of truth lol

[QUOTE=Bill Gates;14991080]Uh, you are suggesting that the rumors themselves never happened?

The 90 day pause was trending all over social media, here is a story about it:

[url]https://www.forbes.com/sites/tylerroush/2025/04/07/trump-90-day-tariff-pause-rumor-causes-stock-whipsaw-before-white-house-calls-it-fake-news-heres-what-happened/[/url]


It spurred from a misinterpretation of an interview with Kevin Hassett, director of the National Economic Council -

[I]During his interview, Hassett was asked whether Trump could call a “90-day timeout” on his tariffs, to which Hassett responded: “I think the president will decide what the president is going to decide.”[/I][/QUOTE]

I'm suggesting that Trump never said anything about it and that no story yesterday claimed that Trump had come out and said anything about it, yet you confirmed that "he had come out and said".

Yes it was only some rumors that he was thinking about it and they were BS, but that's beside the point.

[QUOTE=ZenMaster;14991085]I'm suggesting that Trump never said anything about it and that no story yesterday claimed that Trump had come out and said anything about it, yet you confirmed that "he had come out and said".

Yes it was only some rumors that he was thinking about it and they were BS, but that's beside the point.[/QUOTE]
Obviously Trump never said anything about it . I thought that was already understood here. The rumors were that Trump SAID he was contemplating a 90-day time out because Hassett made it sound that way and it went viral.

I said that "Trump said" because if that is rumor was true? That is literally the only way it could be true, coming out of Trump's mouth.

You're trying really hard to find some sort angle to score a tribal point, but there isn't one I'm sorry.

You really want to get me? let's see all these tariffs send us into a recession free bull market.

When that happens, I'll say "you were right and I was wrong"

Oh damn, just noticing another reversal today, unfortunately the other way.

Perhaps all the "winning" reported earlier today was also fake news.

[QUOTE=Bill Gates;14991090]Obviously Trump never said anything about it . I thought that was already understood here. The rumors were that Trump SAID he was contemplating a 90-day time out because Hassett made it sound that way and it went viral.

I said that "Trump said" because if that is rumor was true? That is literally the only way it could be true, coming out of Trump's mouth.

You're trying really hard to find some sort angle to score a tribal point, but there isn't one I'm sorry.[/QUOTE]

When you say that Trump has come out and said something, you make it sound like he's actually said it. It's annoying as hell to peddle fake news like that, for a moment there I thought it was true and was looking for video of a press conference or interview. Had you just posted a link in your initial post to where you read it, I would've instantly realized that it was actually someone other than Trump who had said something, and that it was still totally unconfirmed speculation based on bad interpretation of an answer in an interview.

[QUOTE=Bill Gates;14991092]You really want to get me? let's see all these tariffs send us into a recession free bull market.

When that happens, I'll say "you were right and I was wrong"[/QUOTE]

This just shows you don't get it. I don't care about a bull market, I care about more American quality jobs, especially in the midwest.

[video=youtube_share;iB9eYHHJjXc]https://youtu.be/iB9eYHHJjXc[/video]

[QUOTE=ZenMaster;14991110]When you say that Trump has come out and said something, you make it sound like he's actually said it. It's annoying as hell to peddle fake news like that, for a moment there I thought it was true and was looking for video of a press conference or interview. Had you just posted a link in your initial post to where you read it, I would've instantly realized that it was actually someone other than Trump who had said something, and that it was still totally unconfirmed speculation based on bad interpretation of an answer in an interview.[/QUOTE]

Everyone thought it was true. And obviously everyone thought this was something Trump actually said at some point. But it wasn't. It was fake.

FWIW brand of fake news was a simple misunderstanding, and not something MSM was trying to do to make Trump look bad. I mean, I think most people wish the news was real. The market certainly did. But it's not real, there is no 90-day pause. I'm sorry that rumor went nuts but I will not take ownership of what happened.

[QUOTE=ZenMaster;14991138]This just shows you don't get it. [B]I don't care about a bull market,[/B] I care about more American quality jobs, especially in the midwest.

[/QUOTE]

Yeah, you're in the wrong thread then. This thread is about the stock market. Hence me relaying the reasonings behind yesterday's swing.

[QUOTE=Bill Gates;14991150]Everyone thought it was true. And obviously everyone thought this was something Trump actually said at some point. But it wasn't. It was fake.

FWIW brand of fake news was a simple misunderstanding, and not something MSM was trying to do to make Trump look bad. I mean, I think most people wish the news was real. The market certainly did. But it's not real, there is no 90-day pause. I'm sorry that rumor went nuts but I will not take ownership of what happened.[/QUOTE]

I guarantee you that most people didn't believe that piece of news. They don't trust CNBC like you do, and for good reason too considering on such an important topic that instead of them watching the interview with Hessell on Fox and interpreting his answers themselves, they ended up taking a horrible interpretation from a random Twitter account. The tweets didn't even pretend to have more information than what was said in that interview which was publicly available at the time CNBC created this story.

[QUOTE]Yeah, you're in the wrong thread then. This thread is about the stock market. Hence me relaying the reasonings behind yesterday's swing.[/QUOTE]

And my comment responding to you relates to the stock market. If this is nothing but a cheering thread for a stock market bull run, it's on the wrong board.

Absolutely most people believed it. The market swung 4% on it which is massive.

Granted, it's been massive swings almost every day lately, including today. But that piece of news caused a $billions in swing. Maybe even a $Trillion.

[QUOTE=Bill Gates;14991168]Absolutely most people believed it. The market swung 4% on it which is massive.

Granted, it's been massive swings almost every day lately, including today. But that piece of news caused a $billions in swing. Maybe even a $Trillion.[/QUOTE]

Hedgefunds trying to beat the market on a rumor isn't "most people".

[QUOTE=1987_Lakers;14991028]There is a rebound because countries are already folding and coming out and saying they will work with Trump on these tariffs.

We win again![/QUOTE]

What rebound? Who is folding? What win? Maybe you should not count your chicken before they hatch.

[QUOTE=bladefd;14991199]What rebound? Who is folding? What win? Maybe you should not count your chicken before they hatch.[/QUOTE]

You are handicapped.

[QUOTE=1987_Lakers;14991028]There is a rebound because countries are already folding and coming out and saying they will work with Trump on these tariffs.

We win again![/QUOTE]

The only country that matters is China and it doesn't look like they'll be folding.

Walmart is the biggest employer in the U.S. and almost everything they sell is from China.

A 104% tariff on China is a 104% tax on Americans unless you think every single product from China will magically be replaced with American products over night. Even if that did happen, you think American made products will be remotely close to China made products? Inflation about to skyrocket.

Funniest headline I've ever read on CNN:

[b]Trump says countries are ‘kissing my a**’ as they look to make tariff deals[/b]




I can't help but laugh at that one.

Yup hold the line. Negotiate when the best offer is available.

No one believes these tariffs are permanent. For those even thinking that are dumb. This is to help US position in trade to help US manufacturers compete with the world that does not have the barriers the US workforce has to face.

Does the negotiating part also mean that the US has to be assholes towards the rest of the world, ruining good relationships with a lot of countries?

[QUOTE=Gudo;14991302]Does the negotiating part also mean that the US has to be assholes towards the rest of the world, ruining good relationships with a lot of countries?[/QUOTE]
Exactly. You can read in rawimpact's pro-tariff posts, it is coming from an "us vs them" perspective. But for the healthiest economies, it should be coming from the perspective of "we are all on the same team here". It should be from the perspective of what works best for everyone involved, working together, helping each other out, doing each other favors.

[QUOTE=Gudo;14991302]Does the negotiating part also mean that the US has to be assholes towards the rest of the world, ruining good relationships with a lot of countries?[/QUOTE]

Yes

I thought this morning was going to be a blood bath after China announced an 84% rise in tariffs on U.S.

“I’m telling you, these countries are calling us up, kissing my ass,” Trump told the National Republican Congressional Committee Dinner late Tuesday — just hours before the tariffs went into effect.

“They are. They are dying to make a deal. ‘Please, please, Sir, make a deal. I’ll do anything. I’ll do anything, sir!’” he said mockingly.

[url]https://nypost.com/2025/04/09/us-news/trump-brags-countries-are-calling-us-up-kissing-my-ass-over-tariffs/[/url]

[QUOTE=Gudo;14991302]Does the negotiating part also mean that the US has to be assholes towards the rest of the world, ruining good relationships with a lot of countries?[/QUOTE]

Absolutely. We have been abused as a country. We have been giving out money to numerous third world countries while we at home have homeless problems, an obvious mental health issue etc.

Why dont you be specific, who are we being an asshole to?

[QUOTE=Gudo;14991311]“I’m telling you, these countries are calling us up, kissing my ass,” Trump told the National Republican Congressional Committee Dinner late Tuesday — just hours before the tariffs went into effect.

“They are. They are dying to make a deal. ‘Please, please, Sir, make a deal. I’ll do anything. I’ll do anything, sir!’” he said mockingly.

[url]https://nypost.com/2025/04/09/us-news/trump-brags-countries-are-calling-us-up-kissing-my-ass-over-tariffs/[/url][/QUOTE]

Yes and China is now voicing their displeasure with Vance calling them "peasants"

This is not the correct angle to negotiate good deals. A salesman would never try to sell someone with "let's make a deal you peasant".

[QUOTE=Bill Gates;14991314]Yes and China is now voicing their displeasure with Vance calling them "peasants"

This is not the correct angle to negotiate good deals. A salesman would never try to sell someone with "let's make a deal you peasant".[/QUOTE]

Yeah China is pissed. How dare someone like Vance call citizens in China who are treated like peasants, a peasant! Outrageous!

[QUOTE=rawimpact;14991316]Yeah China is pissed. How dare someone like Vance call citizens in China who are treated like peasants, a peasant! Outrageous![/QUOTE]
How dare someone react to being insulted! It's all just harmless "mean tweets"!!!!! The words our leaders say should not mean anything. They might as well stop giving speeches!!!

The "us vs them" viewpoint is what is effecting our own country even.

[QUOTE=rawimpact;14991312]Absolutely. We have been abused as a country. We have been giving out money to numerous third world countries while we at home have homeless problems, an obvious mental health issue etc.

Why dont you be specific, who are we being an asshole to?[/QUOTE]

See my post before this. I understand the negotiating part. If you were on the other side of the table, how would you feel dealing with a person in power that does this?

Here we are again. The stock market surges on the news (real or fake) that Trump announced a 90-day pause on all tariffs sans China.

Where is Zen :oldlol:

[QUOTE=Bill Gates;14991361]Here we are again. The stock market surges on the news (real or fake) that Trump announced a 90-day pause on all tariffs sans China.

Where is Zen :oldlol:[/QUOTE]

You're calling on me because you're ready to admit you were posting fake news the other day? Or is it because you're ready to eat crow about all your whining on how increasing tariffs isn't an effective negotiation strategy to get better trade deals?

[QUOTE=ZenMaster;14991373]You're calling on me because you're ready to admit you were posting fake news the other day? Or is it because you're ready to eat crow about all your whining on how increasing tariffs isn't an effective negotiation strategy to get better trade deals?[/QUOTE]

All that crying you did yesterday about the news we both thought was fake is now real. That doesn't make you happy? You have to move the goal posts to those other things?

I mean, even for someone who doesn't care one bit about the actual information of the news, only that validity of it, you should now be relieved. Why are you not?

Stock market surging like crazy. Thank you Trump.

[QUOTE=1987_Lakers;14991391]Stock market surging like crazy. Thank you Trump.[/QUOTE]

:lol