is that it now game over no chance of POTUS

 

Rayguns out

53 minutes ago, Casino said:

Im glad im paying the ridiculous fees SJP charge

#trumpsacunt

Didn't SJP get bummed for bad fee practices or something?

Dunno if that's right but I am sure I heard something. I was with them from almost my first pay pack until I got some better advice many many years later to move it.

1 hour ago, Ani said:

The US has 2 main indices there is also NASDAQ which is more tech heavy. The impact of this for the day to day is minimal but everyone’s Pension will be based on invested money. Mine has dropped in value by 6-7% in last 3 weeks. If people have already bought an annuity they will be ok. 
 

No way Trump anticipated this. The bizarre thing is markets went up when he was elected s the thinking is that with control of both houses it means things can get done. Last tie he had a go as President he made a lot about the strength of the stock markets. 
 

TBF to Trump the markets initial reaction to his victory was positive, he is now doing what he said he would and markets are tanking. The biggest issue is that he is just as likely to double down on the policies because backing off would be weak. 

So it's not directly related to GDP then? It's not like the value of the US has dropped 13% over the same period? 

43 minutes ago, BobyBrno said:

Just for balance and all that and I’m not a Trump supporter but here is the Dow Jones for the last 2 years. 

My analysis of that is that Biden appears to have been increasing the value of the Dow Jones significantly throughout the past 2 years - but there's been a rapid slump since Trump took over after an initial jump. 

Is that about right? 

2 minutes ago, kent_white said:

My analysis of that is that Biden appears to have been increasing the value of the Dow Jones significantly throughout the past 2 years - but there's been a rapid slump since Trump took over after an initial jump. 

Is that about right? 

Yep. Biden had the US economy booming. Trump has crashed it in 2 months. He and his pals have made an absolute fortune though. The beginning of a new Oligarchy unless the yanks wake up.

Edited March 13, 20251 yr by Cheese

1 minute ago, Cheese said:

Yep. Biden had the US economy booming. Trump has crashed it in 2 months. He and his pals have made an absolute fortune though. The beginning of a new Oligarchy unless the yanks wake up.

I'm certainly not a Trumpster but I'm not sure about his pals making a killing? 

 

 

22 minutes ago, RoadRunnerFan said:

S&P 500 is more representative than the Dow and is usually in the middle of the Dow & the Nasdaq. 

S&P looks like a shit show on the month but it's only back where it was in July. 

Apparently some speech on Monday has markets thinking he's not for flinching this time. 

I'll keep my regular purchases the same but hold off on the (small) lump sum I'm putting in when the tax year ticks over. 

https://www.reuters.com/markets/us/investors-flee-equities-trump-driven-uncertainty-sparks-economic-worry-2025-03-10/
 

£4tn had been wiped off S&P before more recent drops so must be over £5tn now.

A blip according to some on here. 

1 minute ago, RoadRunnerFan said:

I'm certainly not a Trumpster but I'm not sure about his pals making a killing? 

Hence Trump doing a shopping channel-style advert for Tesla's on the White House lawn, and talking about giving the company special protections.

2 minutes ago, Ani said:

https://www.reuters.com/markets/us/investors-flee-equities-trump-driven-uncertainty-sparks-economic-worry-2025-03-10/
 

£4tn had been wiped off S&P before more recent drops so must be over £5tn now.

A blip according to some on here. 

Price earnings ratio still high historically despite recent falls!

So it was a bit 'frothy' as they say and was likely due a correction.

Clearly the uncertainty is not helping. 

17 minutes ago, kent_white said:

My analysis of that is that Biden appears to have been increasing the value of the Dow Jones significantly throughout the past 2 years - but there's been a rapid slump since Trump took over after an initial jump. 

Is that about right? 

Here is the chart from 2015. Obama, Trump, Biden, Trump.

A few world issues during that period. I haven’t a clue.🤷‍♂️

11 minutes ago, Ani said:

https://www.reuters.com/markets/us/investors-flee-equities-trump-driven-uncertainty-sparks-economic-worry-2025-03-10/
 

£4tn had been wiped off S&P before more recent drops so must be over £5tn now.

A blip according to some on here. 

Is part of that not just returning to the mean though? 

7 minutes ago, RoadRunnerFan said:

Price earnings ratio still high historically despite recent falls!

So it was a bit 'frothy' as they say and was likely due a correction.

Clearly the uncertainty is not helping. 

Fair points, but we have gone from ‘a bit frothy’ and ‘likely due a correction’ to a £5tn drop. 

23 minutes ago, Cheese said:

Yep. Biden had the US economy booming. Trump has crashed it in 2 months.

😂

2 minutes ago, kent_white said:

Is part of that not just returning to the mean though? 

Not sure what you mean by mean ? 
 

As Roadrunner has pointed out the markets have been very strong far a couple of years, so likely some drop off might have happened. 

1 minute ago, Ani said:

Not sure what you mean by mean ? 
 

As Roadrunner has pointed out the markets have been very strong far a couple of years, so likely some drop off might have happened. 

Yeah - I mean have they just been artificially high because people initially thought DT was onto some sort of winner and now they are falling back into a predictable line - or do you you reckon they will continue to drop?

I'm fascinated - I just have no knowledge about this at all! 😁

19 minutes ago, Cheese said:

Hence Trump doing a shopping channel-style advert for Tesla's on the White House lawn, and talking about giving the company special protections.

 

 

24 minutes ago, kent_white said:

Yeah - I mean have they just been artificially high because people initially thought DT was onto some sort of winner and now they are falling back into a predictable line - or do you you reckon they will continue to drop?

I'm fascinated - I just have no knowledge about this at all! 😁

My first ‘proper’ job was buying and selling shares for PEPs , it was basically an admin job, but made it more interesting to try and understand it all. 
 

Market prices are driven by a number of factors but market confidence is massive and the one thing they hate is uncertainty so Trumps obsession with tariffs which is generally unpopular has them panicking. 
 

Previous Republican leaders opposed Tarrifs, Trump maybe right though - for balance. TBF Trump said he was going to do things differently. 

 

 

Edited March 13, 20251 yr by Ani

11 minutes ago, wanderer1984 said:

😂

You disagree?

are we reading those graphs incorrectly mate?

9 minutes ago, wanderer1984 said:

Biden was promoting Electric Vehicles because new emissions standards were being brought in, he wasn't advertising his sidekicks company in return for hundreds of millions of Campaign dollars.

Edited March 13, 20251 yr by Cheese

5 minutes ago, Spider said:

You disagree?

are we reading those graphs incorrectly mate?

It was booming ... everyone happy and making loads of money and now its crashed and everyone is fucked 🙄

2 minutes ago, wanderer1984 said:

It was booming ... everyone happy and making loads of money and now its crashed and everyone is fucked 🙄

Ah ok

Hasn't trump said everyone in America will have so much money they won’t know what to spend it on?

Just wondering when you think that will happen?

1 hour ago, Ani said:

https://www.reuters.com/markets/us/investors-flee-equities-trump-driven-uncertainty-sparks-economic-worry-2025-03-10/
 

£4tn had been wiped off S&P before more recent drops so must be over £5tn now.

A blip according to some on here. 

8 hours ago, Spider said:

Hasn't trump said everyone in America will have so much money they won’t know what to spend it on?

No idea ... has he?

Is that what you thought life after brexit would be like? 

10 minutes ago, wanderer1984 said:

No idea ... has he?

Is that what you thought life after brexit would be like? 

He has said that.

I have a sneaky feeling he’ll be wrong though, as his beloved markets are making him look rather silly

https://www.facebook.com/share/r/17zJWp5EU8/?mibextid=wwXIfr

16 minutes ago, wanderer1984 said:

No idea ... has he?

Is that what you thought life after brexit would be like? 

He's premature yet again. I'll bet he struggles to get his zip down before............

Early 2028. That's the time to assess whether all this 'realignment' has worked or not.

I suspect that Tyldesley White will be ordering a new Bentley. More likely a golden bong 😉

Just now, bolty58 said:

He's premature yet again. I'll bet he struggles to get his zip down before............

Early 2028. That's the time to assess whether all this 'realignment' has worked or not.

I suspect that Tyldesley White will be ordering a new Bentley. More likely a golden bong 😉

Can you tell Boby that 3 years is the minimum time given to new governments then?

He seems to be foaming at the mouth about Labour a whole lot sooner