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He wasn’t pushed out and the MAGAs will support him in his run for governor of Ohio.Sounds good, doesn't it. Instead of being pushed out by the MAGAs.
He wasn’t pushed out and the MAGAs will support him in his run for governor of Ohio.Sounds good, doesn't it. Instead of being pushed out by the MAGAs.
Yes, and it has essentially recovered 1,000 points in the last few days. These tariffs are way over blown. Do you understand the need for re-industrialization of the U.S.? Do you have ANY understanding for why that is necessary?![]()
Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
US stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada and Mexico to go into effect by the midnight deadline.www.yahoo.com
Dow tumbles 650 points as Trump confirms tariffs on Mexico and Canada will start Tuesday
S stocks slid Monday as investors braced for President Donald Trump’s proposed tariffs on Canada and Mexico to go into effect by the midnight deadline.
The Dow tumbled 650 points, or 1.48%, to close at 43,191. The Dow fell almost 900 points in afternoon trading before pulling back slightly. The broader S&P 500 fell 1.76% and the Nasdaq Composite fell 2.64%.
The S&P 500 posted its biggest one-day decline of the year. The Nasdaq is down about 6.5% since since Trump took office on January 20.
“Due to the uncertainty surrounding the tariffs, the stock market has erased the gains from the ‘Trump bump’ following the presidential election and the expected upward pressure on prices is giving investors pause,” said Gustavo Flores-Macias, a professor of government and public policy at Cornell University.
THANKS TRUMP.
Your article is March 3 which is way outdated. You need to keep up with the news to be relevant.Yes, and it has essentially recovered 1,000 points in the last few days. These tariffs are way over blown. Do you understand the need for re-industrialization of the U.S.? Do you have ANY understanding for why that is necessary?
1) 9 of the top 15 steel producers are in China. Only 1 is in the U.S, and that’s like #10. If we were ever in a conflict with China we would NEVER be able to keep up with them. We won WW2 because we outproduced Germany and Japan. We don’t even build ships here any longer. The largest producer of ships is China! Do you have any idea how much of a problem that is?
2) The reason we need car manufacturers is during WW2 the primary wheels of industry were the car manufacturers. If we don’t have industry to make things, we can’t make things in a national emergency.
3) Pharmaceuticals are key to our national security as well. During the COVID pandemic we learned that so many of the things we needed were not made here and we depended upon iffy supply chains. Again this is a national security issue.
4) This is also true for lumber industry. We need to make sure we have our own industry to build things. This is critical for national security.
5) Energy production; self explanatory.
Fernando you just keep having that short-sighted understanding of things. We lost 100,000 industrial jobs in the U.S in 2024. As the “wolf of Wall Street” says consumer nations are poor nations. Producer nations are not. Also we are spending more money in the government sector as a percent of GDP than even during World War 2. As the Sec. of Treasury stated that if we keep going as we are we WILL have a financial crisis.
Finally, ehe markets were over valued anyway. The tariff idea is just a reason to sell. It has little to do with reality. This is normal correction stuff. All the suckers that sold all their stocks, and going to lose money. Happens all the time. Those that invest stay invested because the companies are solid. If you think you will earn more return with 4% treasuries go right ahead.
Yep. The market would be very different without employer sponsored 401ks.Young people like stocks versus hands on real estate and the money just going into pensions 401K etc makes markets look good for future. I'm bullish over all and expect corrections on the way.
Look at the market on Friday and today. Dow was up 674 points on Friday, and 350 points today. I am simply pointing out the markets go up and down. The market was in correction territory. Now it isn’t. And it will probably be below the highs for some time, since the Government isn’t artificially propping up demand through record spending.Your article is March 3 which is way outdated. You need to keep up with the news to be relevant.