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Number of Posts:263
Registered on:7/26/2024
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I have a hard time seeing Americans allow completely auto driving trucks - meaning they will expect a driver to always be in the cab. I could see them become similar to airplane pilots, where the computers do the bulk of the work with a driver in the cockpit to monitor all of it
It’s not just Japan and China. It’s the entire world vs the US and Trump’s tariff agenda
I think Warren Buffet is the smartest all-round person over the last 50 years. It’s baffling how good he is at putting all of the complex pieces together when he makes investment decisions
quote:

Class action law suit from Tesla share holders for the WSJ driving down the stock price. Should be enough to bankrupt the WSJ. I don't know...I'm no lawyer...sounds good though.

The stock price after hours is up since the article was posted

re: Horrific gdp report

Posted by IMSA_Fan on 4/30/25 at 10:20 am
Some of those imports are baked into the inventories number - which added +2.3% GDP.

This pre-tariff GDP number isn’t great especially when you pair it with the job report and PCE
I kind of want to know the price of a good on Amazon before I put it in my cart.
America was not founded as a Christian nation. 2 of the 3 guys that wrote the Constitution were not Christian along with our first president
Why don’t they just raise the age that people can begin to draw SS and Medicare to 68 (or have some sliding age scale that balances it all out)? I feel like that would fix a lot of the issues.
The EU economy also isn’t growing. It grew at <1% in 2024. Thus, the reason for cutting rates
The EU’s economic isn’t growing - thus the reason for cutting rates
I think they realized dumping the TSLA stock did a lot more damage to Elon and just started doing that instead
Before he drops most of this economic agenda (e.g., trade wars and attacks on Fed Chair, movement in the treasuries that are going to blow out the deficits)? Will he let the whole thing melt down to get his way? If inflation starts to run away will he change course?

re: Trump has to fix the dollar.

Posted by IMSA_Fan on 4/21/25 at 10:05 am
Just out of curiosity, would you vote for him again knowing what you do now
Aren’t there a massive shortage of truckers? I don’t buy the stealing jobs angle at on this one
How much you want to bet Trump loaded up on Apple and Nvida stock
Trump needs to clean out his entire economic staff after this disaster
That option will cause a ton of inflation though which I’m not sure Powell has the stomach for. I’m guessing he would prefer to use his leverage to get the President to back down vs expanding the money supply by trillions of dollars
It was transition to a newer, better technologies that killed coal (e.g., the death of Blockbuster and the rise of Netflix).

re: Looks like a Chinese blink

Posted by IMSA_Fan on 4/12/25 at 4:15 am
Trump’s hands are totally tied on all of the tariff implementation until his administration figures out how they are going to address the spikes in the bond market and ensure the USD does not bleed more value. China holds the biggest trump card in the fact that they own $700B in US bonds that they can dump into the market which would cause a massive disruption in the bond market and spike the 10Y (e,g., the cost of borrowing in the US which would blow out the deficit). I’ve got zero clue how the administration is going to counter that. The best option they’ve got if they want to continue to fight this tariff war is to put pressure on the Fed to buy up treasury bonds (quantitative easing) but that will lead to more inflation on top of the increased costs from the tariffs.

The administration put all of their chips in the “the bond rates will fall and the USD will gain value as the stock market bleeds” basket and for the first time in 8 market down turns, that did not happen. The US is not currently where investors want to put their capital in their flight to safety

Also, the even bigger trump card that Xi has is that his party doesn’t have to put up with elections, has full control over the media and the Chinese people can endure a lot more suffering than the American population.

Finally, Trump made a massive mistake by showing his hand by saying the bond market is his Achilles heel when the world holds 40% of all US Treasuries outstanding and can threaten to dump them