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-   -   President Trump 2.0 (https://www.cableforum.uk/board/showthread.php?t=33712850)

Sephiroth 04-04-2025 13:22
Re: President Trump 2.0
 
Liz Truss should emigrate to the USA and get off on Trumps policies.

---------- Post added at 13:22 ---------- Previous post was at 13:15 ----------

Quote:
Originally Posted by ianch99 (Post 36193892)
I think it is the arrogance that will bring him down.

We have seen Carney, in Canada, give a very powerful speech stating the old world [trade] order is over. Macron is calling on EU companies to freeze investments in US. People planning to travel to the US are plummeting. This is only the beginning.
I suspect not. He will see how it pans out - after all he is in the driving seat. When it suits him, and the markets have reached a price that suits him (for USA buyouts, etc), he can reverse some/all of what he has just done on a pick and choose basis.

Hugh 04-04-2025 13:26
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36193911)
Liz Truss should emigrate to the USA and get off on Trumps policies.

---------- Post added at 13:22 ---------- Previous post was at 13:15 ----------



I suspect not. He will see how it pans out - after all he is in the driving seat. When it suits him, and the markets have reached a price that suits him (for USA buyouts, etc), he can reverse some/all of what he has just done on a pick and choose basis.
I would imagine quite a few of his "friends" will make a killing out of the Market fluctuations.

ianch99 04-04-2025 14:54
Re: President Trump 2.0
 
Game on

China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war

Quote:
China said Friday that it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.

On Wednesday, Trump unveiled an additional 34% tariff on all Chinese goods imported into the US, in a move poised to cause a major reset of relations and worsen trade tensions between the world’s two largest economies.

“This practice of the US is not in line with international trade rules, seriously undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice,” China’s State Council Tariff Commission said in a statement announcing its retaliatory tariffs.
Meanwhile ...

J.P.Morgan lifts global recession odds to 60% as US tariffs stoke fears

Quote:
The risk of a U.S. and global recession this year have risen to 60% from 40% earlier on the heels of President Donald Trump's sweeping reciprocal tariffs, Wall Street brokerage J.P. Morgan said.
I wonder what all those Trumpers think about their crashing 401K (pension) funds?

jfman 04-04-2025 15:03
Re: President Trump 2.0
 
The vast majority probably think much the same as they did yesterday, and the day before. Panty wetting by observers who wouldn’t vote for Trump anyway (even if they could have) is probably least among their concerns.

Hugh 04-04-2025 15:57
Re: President Trump 2.0
 
"panty wetting observers"?

https://www.cableforum.uk/images/local/2025/04/1.gif

Not sure JP Morgan quite fit that nomenclature…

jfman 04-04-2025 16:46
Re: President Trump 2.0
 
A lot of people pay them a lot of money for advice, Trump is now making them earn their corn in unstable conditions. They’re among the least likely people I’d trust for their judgement.

Damien 04-04-2025 17:36
Re: President Trump 2.0
 
American stocks taking another battering today. This is now the worst period for the stock market since COVID hit. It's down 10% on the year now which is quite extraordinary when you consider it was going up.

papa smurf 04-04-2025 17:43
Re: President Trump 2.0
 
Quote:
Originally Posted by Damien (Post 36193930)
American stocks taking another battering today. This is now the worst period for the stock market since COVID hit. It's down 10% on the year now which is quite extraordinary when you consider it was going up.
But the Donald is a financial genius who has only gone bankrupt 6 times

stock markets close at 4pm so they'll have all weekend to nosedive now they've been tango'd

ianch99 04-04-2025 17:52
Re: President Trump 2.0
 
1 Attachment(s)
Post from a MAGA supporter, seem fair to me?

https://www.cableforum.uk/board/atta...6&d=1743785493

Attachment 31356

Hugh 04-04-2025 17:54
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36193931)
But the Donald is a financial genius who has only gone bankrupt 6 times
It takes a special type of genius to bankrupt casinos..

Damien 04-04-2025 17:55
Re: President Trump 2.0
 
Probably fake. Some ordinary people who aren't MAGA but voted for Trump are probably regretting it but the true believers are fully in the tank for Trump. Even as the US heads for recession, they are just so taken in by him they'll think it's great.

ianch99 04-04-2025 18:05
Re: President Trump 2.0
 
Quote:
Originally Posted by Damien (Post 36193935)
Probably fake. Some ordinary people who aren't MAGA but voted for Trump are probably regretting it but the true believers are fully in the tank for Trump. Even as the US heads for recession, they are just so taken in by him they'll think it's great.
No, not necessarily. The MAGA base is not a unified, homogeneous one. Some had specific expectations e.g. lowering cost of living, etc. and if they see this not happening and worse, going in the opposite direction then they will make the perceived betrayal known.

Russ 04-04-2025 19:04
Re: President Trump 2.0
 
Quote:
Originally Posted by ianch99 (Post 36193936)
No, not necessarily. The MAGA base is not a unified, homogeneous one. Some had specific expectations e.g. lowering cost of living, etc. and if they see this not happening and worse, going in the opposite direction then they will make the perceived betrayal known.
Absolutely, not all Trump voters are Trumpanzees. I have a number of friends who voted for him, and they're perfectly normal, decent, rational people. They voted the way they did because they felt Kamala didn't offer their demographic any kind of benefits.

Trump may be the world's biggest bullshitter but their view is he at least included the average person in street some benefits.

1andrew1 04-04-2025 19:47
Re: President Trump 2.0
 
Quote:
Originally Posted by Russ (Post 36193939)
Absolutely, not all Trump voters are Trumpanzees. I have a number of friends who voted for him, and they're perfectly normal, decent, rational people. They voted the way they did because they felt Kamala didn't offer their demographic any kind of benefits.

Trump may be the world's biggest bullshitter but their view is he at least included the average person in street some benefits.
She may not have offered them any benefits but at least she wouldn't have doled out (literally!) the disbenefits that Trump has. A terrible choice of candidates in that election but one stood out as worse and he's marginally in power.

Russ 04-04-2025 19:56
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36193940)
She may not have offered them any benefits but at least she wouldn't have doled out (literally!) the disbenefits that Trump has. A terrible choice of candidates in that election but one stood out as worse and he's marginally in power.
Oh I'm not justifying what they did, I'm only trying to explain that some otherwise perfectly decent normal people voted for him, too.

1andrew1 04-04-2025 20:19
Re: President Trump 2.0
 
Quote:
Originally Posted by Russ (Post 36193941)
Oh I'm not justifying what they did, I'm only trying to explain that some otherwise perfectly decent normal people voted for him, too.
Pretty sure most of his voters ticked that box. He's got amazing charisma and the ability to connect with the man on the street that few other politicians have got close to.

jfman 04-04-2025 20:36
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36193940)
She may not have offered them any benefits but at least she wouldn't have doled out (literally!) the disbenefits that Trump has. A terrible choice of candidates in that election but one stood out as worse and he's marginally in power.
She was on the ballot. She lost emphatically - losing ground in almost every measured demographic compared to Biden 2020.

You can’t be the continuity candidate offering more of the same if everyone thinks that outcome is crap.

Mr K 04-04-2025 20:41
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36193944)
Pretty sure most of his voters ticked that box. He's got amazing charisma and the ability to connect with the man on the street that few other politicians have got close to.
Charisma ? Not sure about that. His main advantages at the last election were that's he's male and not black. The USA deserves all it gets.

1andrew1 04-04-2025 21:31
Re: President Trump 2.0
 
Quote:
Originally Posted by Mr K (Post 36193946)
Charisma ? Not sure about that. His main advantages at the last election were that's he's male and not black. The USA deserves all it gets.
He's also got a knack for rude nicknames for his opponents. "Sleepy Joe" being a prime example.

But no one deserves Trump's presidency whether they voted for him or not.

---------- Post added at 21:31 ---------- Previous post was at 21:28 ----------

Quote:
Originally Posted by jfman (Post 36193945)
She was on the ballot. She lost emphatically - losing ground in almost every measured demographic compared to Biden 2020.

You can’t be the continuity candidate offering more of the same if everyone thinks that outcome is crap.
Better or worse is obviously subjective. He stood out as worse to me and better to a slim majority of the US electorate.

jfman 04-04-2025 21:44
Re: President Trump 2.0
 
Of course it's entirely subjective but elections are won or lost on that basis.

Disagreeing with the outcome is no reason for complacency around the reasons for it. Harris wasn't a good candidate and continuity (for many) means more inequality. It was a really bad sales pitch that Trump absolutely trounced. These people don't care if you crash the system because the wealth doesn't trickle down anyway.

Pierre 04-04-2025 21:46
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36193952)
He's also got a knack for rude nicknames for his opponents. "Sleepy Joe" being a prime example.
Rude….but as it turned out 100% accurate.

Hutch6271 04-04-2025 21:57
Re: President Trump 2.0
 
Quote:
Originally Posted by Pierre (Post 36193955)
Rude….but as it turned out 100% accurate.
Even in his sleep he delivered impressive first year results. Not sure the loudmouthed, obnoxious, orange felon will have similar success.


Real GDP grew 5.9% during Biden's first year, the fastest rate since 1984. Amid record job creation, the unemployment rate fell at the fastest pace on record during Biden's first year, from 6.4% in January 2021 to 3.9% by December 2021.

Chris 04-04-2025 22:06
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36193952)

But no one deserves Trump's presidency whether they voted for him or not.
On the contrary.

He’s doing what he said he’d do, being obnoxious as he always was. He’s the same man who got convicted of dodgy business dealings, got held liable for sexual assault, and would have been in court facing serious charges relating to his retention of classified documents right now, had he not won the election.

Nobody who voted for him can say they didn’t know he was an awful man bent on doing awful things. They sowed the wind, now they’re reaping the whirlwind. Plenty of people didn’t vote for him of course, and they have my sympathy. But far too many did.

Damien 04-04-2025 22:18
Re: President Trump 2.0
 
Yes, this is what a large part of America wanted. It's the same with the people concerned about what Elon Musk is doing to social security; the largest demographic of recipients of social security voted for Trump. They're getting what they voted for and Trump is doing what he said he would.

jfman 04-04-2025 22:27
Re: President Trump 2.0
 
Quote:
Originally Posted by Hutch6271 (Post 36193956)
Even in his sleep he delivered impressive first year results. Not sure the loudmouthed, obnoxious, orange felon will have similar success.

Real GDP grew 5.9% during Biden's first year, the fastest rate since 1984. Amid record job creation, the unemployment rate fell at the fastest pace on record during Biden's first year, from 6.4% in January 2021 to 3.9% by December 2021.
A creative way of saying employment rights are so bad in the USA and millions were paid off during COVID lockdown plus restrictions in 2020 who re-entered the workforce in 2021.

Anyone in their sleep could have achieved similar.

Hugh 04-04-2025 22:30
Re: President Trump 2.0
 
Trump’s a record-breaker - no one has made the Dow Jones drop so much two days in a row…

https://www.cnbc.com/2025/04/03/stoc...e-updates.html

Quote:
The Dow Jones Industrial Average dropped 2,231.07 points, or 5.5%, to 38,314.86 on Friday, the biggest decline since June 2020 during the Covid-19 pandemic.

This follows a 1,679-point decline on Thursday and marks the first time ever that it has shed more than 1,500 points on back-to-back days.

1andrew1 04-04-2025 22:47
Re: President Trump 2.0
 
Quote:
Originally Posted by Hutch6271 (Post 36193956)
Even in his sleep he delivered impressive first year results. Not sure the loudmouthed, obnoxious, orange felon will have similar success.
He's doing his best to spur economic growth, albeit it in Russia! ;)

ianch99 05-04-2025 08:33
Re: President Trump 2.0
 
This is worth listening to. A GOP Senator explaining why Trump's actions are wrong and probably unconstitutional:



All the Tariff changes are on the back of the Emergency Powers Act which bypasses Congress & The House, allowing Trump to enact "taxation with no representation".

Itshim 05-04-2025 17:00
Re: President Trump 2.0
 
Any idiot seemed better than Harris at the time. Be careful what you (i) wish for ! Sure got an idiot

Russ 05-04-2025 17:33
Re: President Trump 2.0
 
Quote:
Originally Posted by Damien (Post 36193959)
Yes, this is what a large part of America wanted. It's the same with the people concerned about what Elon Musk is doing to social security; the largest demographic of recipients of social security voted for Trump. They're getting what they voted for and Trump is doing what he said he would.
I feel absolutely filthy for saying it but in that regard, he's a fantastic politician in terms of he's doing exactly what he said he would. It's pretty much rare to see that these day. Of course there's the small point of the policies he's enacting coming close to crashing the world's economy etc but hey, at least a few transgenders can't get passports now but cloud/silver lining right?

1andrew1 07-04-2025 06:42
Re: President Trump 2.0
 
Quote:
Originally Posted by jfman (Post 36193960)
A creative way of saying employment rights are so bad in the USA and millions were paid off during COVID lockdown plus restrictions in 2020 who re-entered the workforce in 2021.

Anyone in their sleep could have achieved similar.
The USA has enjoyed far and away the best growth of the G7 post Covid. It's a big stretch to put this down to lax employment rights which would be more relevant in times of recession, as we may see under Trump.

Damien 07-04-2025 08:21
Re: President Trump 2.0
 
Markets are continuing to drop, this is far more than a correction now. Goldman Sachs think there is a 45% chance of a global recession now. Up from 20% on Friday.

Hugh 07-04-2025 08:22
Re: President Trump 2.0
 
Retroactive tariffs now…

https://news.sky.com/story/tariffs-l...#liveblog-body

Quote:
Europe has treated the US "very badly", Donald Trump has said several times since beginning his second term in the White House.

He said it again overnight, this time taking aim at the EU's trade surplus with the US.

"We take their cars, Mercedes, Volkswagen, BMW... we take millions of cars, they take no cars," he said aboard Air Force One.

"They don't take our farm product, they don't take anything. Europe's treated us very badly. We put a big tariff on Europe."

Trump added the EU is "coming to the table", and "wants to talk", but said any agreement would have conditions.

"There's no talk unless they pay us a lot of money on a yearly basis," he added.

"Number one - for present, but also for past, because they've taken a lot of our wealth away, and we're not going to allow it to happen."

On Wednesday, the EU is set to be hit with a 20% tariff.

Damien 07-04-2025 08:35
Re: President Trump 2.0
 
FTSE down 5%. This is worse than COVID and he is doubling down overnight.

Sephiroth 07-04-2025 08:39
Re: President Trump 2.0
 
I've no objection to the EU getting a kicking from the USA, even if it is misguided! Implosion of the EU wouldn't be a bad thing, imo, especially if France and Ireland get got!

But setting aside my whimsical muses, Trump ignores market facts: USA farm produce needs to meet food standards and that's on the USA. For Europe, or anyone, to take USA cars, they need to be attractive and well marketed - rule #1.

Given that Trump is operating on a different plane of logic, there is no sensible outcome in view and this thing will run its course through natural global economic forces.

Btw, this might be a good time for Europe + UK to sort something sensible out with China!

Also btw, Musk seems to be beginning to see the light as his Tesla fortune leaks away. Is this the start of turmoil in the USA?

jfman 07-04-2025 09:05
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36194090)
The USA has enjoyed far and away the best growth of the G7 post Covid. It's a big stretch to put this down to lax employment rights which would be more relevant in times of recession, as we may see under Trump.
Yes but that’s a far wider point than the one I quoted.

Hugh 07-04-2025 09:07
Re: President Trump 2.0
 
Unfortunately, if the retrospective tariffs go ahead on the EU, how long before they are imposed elsewhere?

Damien 07-04-2025 09:28
Re: President Trump 2.0
 
I wonder at what point Republicans step up the pressure. I've noticed some of his public supporters outside of politics are questioning the logic here but Congress remains loyal to him.

1andrew1 07-04-2025 09:30
Re: President Trump 2.0
 
Quote:
Originally Posted by Damien (Post 36194095)
FTSE down 5%. This is worse than COVID and he is doubling down overnight.
Johnson: "I got the most self-inflicted economic damage to the UK over the line. Thanks to me, everyone will be 4% worse off and tax rises will be all but inevitable."
Trump: "Hold my beautiful all-American alcohol-free beer!

Sephiroth 07-04-2025 09:32
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36194106)
Johnson: "I got the most self-inflicted economic damage to the UK over the line. Thanks to me, everyone will be 4% worse off and tax rises will be all but inevitable."
Trump: "Hold my beautiful all-American alcohol-free beer!
So, you want Trump's 20% tariff? You don't want the UK to have a global free hand?

Hugh 07-04-2025 09:34
Re: President Trump 2.0
 
1 Attachment(s)
My SIPP drawdown fund YTD…

https://www.cableforum.uk/board/atta...4&d=1744014776

Paul 07-04-2025 19:00
Re: President Trump 2.0
 
I updated my pension a couple of weeks ago to remove a lot of the volatile stuff, and move it to more "safe" funds.
As a result the hit has been a lot less, its lost 0.7% so far.

GrimUpNorth 07-04-2025 19:39
Re: President Trump 2.0
 
My share portfolio lost 5.48% today.

Damien 08-04-2025 09:57
Re: President Trump 2.0
 
Markets up today so at least the bleeding has stopped, until Trump does something else of course.

jfman 08-04-2025 10:36
Re: President Trump 2.0
 
It’s a success now everyone has got used to it. That’s how this short term judgement based on 12 hours of global stock market activity works right, no?

Itshim 08-04-2025 11:03
Re: President Trump 2.0
 
In the market buying but I'm in for the long term ,, whether I have that long is a different question! Best example parents bought a house for £200 in the 50,s I sold it last year for just over a million. It's still a bargain, looked at it a Web site valued at 1.2 million as of today!

Damien 08-04-2025 14:53
Re: President Trump 2.0
 
Quote:
Originally Posted by jfman (Post 36194224)
It’s a success now everyone has got used to it. That’s how this short term judgement based on 12 hours of global stock market activity works right, no?
Well, no, because at some point, the stock market stabilises. The tariffs already announced are now priced into the market, which has dropped around 10%.

The 2008 crash wasn't a success when the market stopped bleeding.

The second-order effects of the tariffs might still be to come. Inflation, recession, a slowdown in hiring from companies worried about cash flow and income and less credit being available.

jfman 08-04-2025 15:04
Re: President Trump 2.0
 
Quote:
Originally Posted by Damien (Post 36194249)
Well, no, because at some point, the stock market stabilises. The tariffs already announced are now priced into the market, which has dropped around 10%.

The 2008 crash wasn't a success when the market stopped bleeding.

The second-order effects of the tariffs might still be to come. Inflation, recession, a slowdown in hiring from companies worried about cash flow and income and less credit being available.
I was being facetious. The markets were always going to react badly to disruption of the status quo, and such short term hysteria about them in windows of a few days unhelpful for anyone wanting to deliver anything other than the status quo.

All of the above might happen and if they do it’ll allow more informed conclusions to be made in the months and years ahead.

Damien 08-04-2025 23:37
Re: President Trump 2.0
 
They finished down again after Trump, unprompted, start boasting about tariffs again when the market was 2/3% up. Is he intentionally trying to crash it?

Hugh 08-04-2025 23:55
Re: President Trump 2.0
 
1 Attachment(s)
Quote:
Originally Posted by Damien (Post 36194288)
They finished down again after Trump, unprompted, start boasting about tariffs again when the market was 2/3% up. Is he intentionally trying to crash it?
Bonds are falling, gold is falling, oil is falling, stocks are falling - this almost NEVER happens; there is always a safe haven (until now…)

https://www.cableforum.uk/board/atta...7&d=1744152893

Paul 09-04-2025 00:50
Re: President Trump 2.0
 
Yeah, pension took a bigger hit today. He's a completely out of control twonker.

Hugh 09-04-2025 08:36
Re: President Trump 2.0
 
Trump being very Presidential at the National Republican Congressional Committee Dinner last night.

Quote:
I'm telling you, these countries are calling us up kissing my ass. They are. They are dying to make a deal.
https://www.independent.co.uk/news/w...-b2729968.html

papa smurf 09-04-2025 09:03
Re: President Trump 2.0
 
i look forward to 6pm when little Heidi Hitler spews trumps lies and drivel

Hugh 09-04-2025 09:14
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194296)
i look forward to 6pm when little Heidi Hitler spews trumps lies and drivel
Well, those Markets aren’t going to crash themselves…

Sephiroth 09-04-2025 09:17
Re: President Trump 2.0
 
When gold falls, I point out that at the bottom line, you can’t eat gold. A market standard in tinned spinach, for example, might be useful!

Hugh 09-04-2025 18:34
Re: President Trump 2.0
 
https://www.bbc.co.uk/news/live/cp8v...b16935456#post

Quote:
"Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.

At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.

"Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!"
Love to see who sold high, and then bought at the bottom of the Market just before this announcement…

Chris 09-04-2025 18:44
Re: President Trump 2.0
 
Whack tariffs up even more on China as ‘dead cat’ cover for retreating from the worst of what he thought he could get away with elsewhere. Colour me surprised.

Hugh 09-04-2025 19:03
Re: President Trump 2.0
 
2 Attachment(s)
I was taught this on various "how to deliver" workshops/courses

https://www.cableforum.uk/board/atta...9&d=1744221743

This is Trump’s version…

https://www.cableforum.uk/board/atta...8&d=1744221743

papa smurf 09-04-2025 19:08
Re: President Trump 2.0
 
yesterday the world allegedly was trying to kiss Trumps arse begging for deals , now he caves in, and sends out little Heidi Hitler to spin it as a victory, what a total nob this man is.

Hugh 09-04-2025 19:38
Re: President Trump 2.0
 
Point of information

https://www.nbcnews.com/politics/tru...ina-rcna200346

Quote:
Bessent said a universal 10% tariff will remain for all countries whose goods are imported into the U.S. Tariffs will also remain in place on imported vehicles and steel and aluminum.
"The tariffs are paused!!!"

Narrator: "The tariffs were not paused."

idi banashapan 09-04-2025 19:49
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194335)
yesterday the world allegedly was trying to kiss Trumps arse begging for deals , now he caves in, and sends out little Heidi Hitler to spin it as a victory, what a total nob this man is.
You really are too kind and polite. And I do not mean that ironically.

papa smurf 09-04-2025 20:03
Re: President Trump 2.0
 
Quote:
Originally Posted by idi banashapan (Post 36194337)
You really are too kind and polite. And I do not mean that ironically.
It's a family friendly forum so i have to tone it down:)

jfman 09-04-2025 20:07
Re: President Trump 2.0
 
Quote:
Originally Posted by Hugh (Post 36194326)
https://www.bbc.co.uk/news/live/cp8v...b16935456#post

Love to see who sold high, and then bought at the bottom of the Market just before this announcement…
100%

Mr K 09-04-2025 20:17
Re: President Trump 2.0
 
Quote:
Originally Posted by GrimUpNorth (Post 36194172)
My share portfolio lost 5.48% today.
Best not to look atm .

Quote:
Originally Posted by papa smurf (Post 36194335)
yesterday the world allegedly was trying to kiss Trumps arse begging for deals , now he caves in, and sends out little Heidi Hitler to spin it as a victory, what a total nob this man is.
You are indeed a good judge of character, unlike the US electorate......

Itshim 09-04-2025 20:38
Re: President Trump 2.0
 
Quote:
Originally Posted by GrimUpNorth (Post 36194172)
My share portfolio lost 5.48% today.
Site it out , looking at your age , I guess you have time on your side:monkey:
• Markets soar: US stocks skyrocketed after Trump announced the pause. In a massive turnaround, the Dow and S&P 500 are now on track for their best day in five years.

Chris 09-04-2025 21:34
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194335)
yesterday the world allegedly was trying to kiss Trumps arse begging for deals , now he caves in, and sends out little Heidi Hitler to spin it as a victory, what a total nob this man is.
You mean Propaganda Barbie?

Hugh 09-04-2025 22:09
Re: President Trump 2.0
 
Speaking of propaganda…

https://www.cnbc.com/2025/04/09/trum...e-updates.html

Quote:
White House advisors claimed the flip flop was always the strategy, suggesting that the past week of massive tariffs that triggered huge market losses was all for show…

… Treasury Secretary Scott Bessent says Trump was always planning to pull back his sweeping tariff plans for dozens of countries just days after announcing it.

“This was his strategy all along,” Bessent tells reporters at the White House.

“You might even say he goaded China into a bad position,” Bessent says, referring to the fact that China, which imposed retaliatory tariffs, now faces higher U.S. duties while others get a reprieve.

Chris 09-04-2025 22:15
Re: President Trump 2.0
 
Even if it was the plan - which I doubt - he’s making clear that he is unpredictable and unrealiable. That’s not good in the long run for investment.

jfman 09-04-2025 22:16
Re: President Trump 2.0
 
Quote:
Originally Posted by Chris (Post 36194354)
Even if it was the plan - which I doubt - he’s making clear that he is unpredictable and unrealiable. That’s not good in the long run for investment.
Not good in the long run for investment in the status quo.

The fact the markets are rebounding despite your correct observations that he is unpredictable and unreliable demonstrates why they are not adequate indicators by themselves.

Pierre 09-04-2025 23:17
Re: President Trump 2.0
 
Quote:
Originally Posted by Chris (Post 36194354)
he’s making clear that he is unpredictable and unrealiable.
How is that, in any way, a revelation ?

papa smurf 10-04-2025 08:02
Re: President Trump 2.0
 
Quote:
Originally Posted by Chris (Post 36194354)
Even if it was the plan - which I doubt - he’s making clear that he is unpredictable and unrealiable. That’s not good in the long run for investment.
He's made it clear to me that the USA is a bad business partner and totally unreliable, they change the rules at the drop of a hat and ruin peoples businesses /lives/pensions my advice for what it's worth avoid the USA, trade elsewhere.

---------- Post added at 08:02 ---------- Previous post was at 07:47 ----------

Quote:
Originally Posted by Hugh (Post 36194326)
https://www.bbc.co.uk/news/live/cp8v...b16935456#post



Love to see who sold high, and then bought at the bottom of the Market just before this announcement…
That needs serious investigation there's a bad smell around this.

1andrew1 10-04-2025 08:30
Re: President Trump 2.0
 
Quote:
Originally Posted by Hugh (Post 36194326)
https://www.bbc.co.uk/news/live/cp8v...b16935456#post

Love to see who sold high, and then bought at the bottom of the Market just before this announcement…
Trump should have learnt from his fan girl Liz Truss that you can't argue with the markets.

I hope he's stockpiled all those made-in-China Maga baseball hats and other tat.

Chris 10-04-2025 09:20
Re: President Trump 2.0
 
Quote:
Originally Posted by Pierre (Post 36194359)
How is that, in any way, a revelation ?
The changes he’s making are no longer simply saying one thing one day and the another the next, or threatening and then backing down. He actually implemented the tariffs this week and left them in place until someone managed to get him to realise they were having the opposite effect than intended (wiser heads than me are saying it’s when the bond markets started turning ugly that he had no choice but to capitulate).

His unreliability is no longer something to argue over on the internet, it has just cost a lot of people a lot of money. It has, this week, become a revelation to people who don’t like losing vast amounts of money and change their strategies accordingly.

Hugh 10-04-2025 10:04
Re: President Trump 2.0
 
New on @MSNBC:

Quote:
The White House will not release the list of 75 countries that have reached out on trade deals, despite requests from NBC News.
KKKaroline Leavitt, the White House press secretary, said "you wouldn’t know these countries, they go to a different school"

papa smurf 10-04-2025 10:06
Re: President Trump 2.0
 
Quote:
Originally Posted by Hugh (Post 36194388)
New on @MSNBC:



KKKaroline Leavitt, the White House press secretary, said "you wouldn’t know these countries, they go to a different school"
Is Narnia on the list

1andrew1 10-04-2025 10:56
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194389)
Is Narnia on the list
No, you're getting mixed up with Atlantis which definitely is! :D

---------- Post added at 10:53 ---------- Previous post was at 10:52 ----------

Quote:
Originally Posted by Hugh (Post 36194388)
New on @MSNBC:

KKKaroline Leavitt, the White House press secretary, said "you wouldn’t know these countries, they go to a different school"
:D:D:D

---------- Post added at 10:56 ---------- Previous post was at 10:53 ----------

Quote:
Originally Posted by Pierre (Post 36179585)
[Posted July 2024]

I'll also make it clear, my position hasn't changed.

That I really don't care that much, but just for entertainment value I think it would be hilarious if Trump won, just to see everybody lose their minds over it.
Do you still feel that way?

Paul 10-04-2025 15:34
Re: President Trump 2.0
 
Is "Cloud Cookoo Land" on the list, it should be.

Hugh 10-04-2025 15:38
Re: President Trump 2.0
 
https://www.bbc.co.uk/news/live/cn4j...c12b08215#post

Quote:
The New York Stock Exchange saw massive gains yesterday but it was a different story when trading opened a short while ago.

The S&P 500 index of the largest firms listed in the US opened down 2.1%, the Dow Jones index was down 1.6% and the Nasdaq was down 2.8%.

In contrast, European and Asian markets saw gains earlier today.

There is clearly still a lot of uncertainty about the medium-term economic picture

papa smurf 10-04-2025 18:25
Re: President Trump 2.0
 
Quote:
Originally Posted by Paul (Post 36194405)
Is "Cloud Cookoo Land" on the list, it should be.
Fantasy island is thou

1andrew1 10-04-2025 18:48
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36194107)
So, you want Trump's 20% tariff? You don't want the UK to have a global free hand?
That aged well. :D

Trump's 'Brexit dividend' lasted less than Liz Truss did as PM!

Sephiroth 10-04-2025 20:56
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36194432)
That aged well. :D

Trump's 'Brexit dividend' lasted less than Liz Truss did as PM!
Well done - dodging a proper answer.

Pierre 10-04-2025 22:17
Re: President Trump 2.0
 
Quote:
Originally Posted by Chris (Post 36194384)

His unreliability is no longer something to argue over on the internet, it has just cost a lot of people a lot of money.
And made some a lot!!

Stock Market crash yesterday, stock market bounce back today……….

Some made some money over the last 48hrs.

That’s just an observation, nothing more.

---------- Post added at 22:17 ---------- Previous post was at 22:15 ----------

Quote:
Originally Posted by 1andrew1 (Post 36194392)

Do you still feel that way?
Absolutely.

This is box office.

It’s what was promised and it hasn’t disappointed so far, and it’s only April.

Chris 10-04-2025 22:25
Re: President Trump 2.0
 
Quote:
Originally Posted by Pierre (Post 36194452)
And made some a lot!!

Stock Market crash yesterday, stock market bounce back today……….

Some made some money over the last 48hrs.

That’s just an observation, nothing more.
It looks very much like when he realised he had to capitulate, he signalled just soon enough for his mates to play the market and make a small fortune. There have been MAGA bots all over Twitter ever since, trying to make out this is all part of a master plan.

However, Robert Peston’s analysis this evening is very interesting and well worth a read.

https://x.com/peston/status/19104089...56-Kgau3lzowJw

Quote:
He may not have acknowledged this to himself, yet, but the global financial tumult he caused - and has temporarily eased - has locked him in a fiscal prison.

Because, as I have been saying for 24 hours, he came perilously close yesterday to having caused such an extreme fall in the price of US government debt that it would have become prohibitively expensive for his administration to fund a large deficit - more than 6% of GDP - and also to refinance the almost $8 trillion of government debt that matures in the coming year (almost a third of America’s sovereign debt).

The point is he is totally in hock to the good will of bonds investors.

And when he announced his reckless roster of massive tariffs eight days ago he alienated them, because they feared he would tank the economy such that tax revenues would plummet and the deficit would balloon.

So they sold US government bonds, Treasuries, and the yield on the bonds - the de facto interest rate - soared.

Which is why Trump blinked, and put on hold the more extreme tariffs, except for the 140% on China, for 90 days.

You might think the worst part of this is the uncertainty he has created for businesses and investors for the next 90 days. Since no one in their right minds would make a major US investment till the final tariff determinations are made.

But the cancerous uncertainty is not the worst of it.

The worst of it is he has shredded any respect that overseas governments and investors might have had for America’s economic and fiscal competence.

Paul 10-04-2025 23:37
Re: President Trump 2.0
 
He has absolutely no clue what he is doing.
He just want to show off how "big and powerful" he his.

He made this clear when he boasted ;
"I'm telling you, these countries are calling us up kissing my ass."

Then he found out he was playing with forces far more powerful than himself ... and doing badly.

Hugh 11-04-2025 00:10
Re: President Trump 2.0
 
1 Attachment(s)
Quote:
Originally Posted by Pierre (Post 36194452)
And made some a lot!!

Stock Market crash yesterday, stock market bounce back today……….

Some made some money over the last 48hrs.

That’s just an observation, nothing more.

---------- Post added at 22:17 ---------- Previous post was at 22:15 ----------



Absolutely.

This is box office.

It’s what was promised and it hasn’t disappointed so far, and it’s only April.
"Stock Market bounce back today"

https://www.wsj.com/livecoverage/sto...e-war-04-10-25

Quote:
U.S. stocks fell sharply Thursday, as investors sort through a global economic outlook that remains uncertain despite drastic improvements over the past 24 hours.

The declines accelerated after the White House said the tariffs imposed on China by President Trump in his second term add up to 145%, not the 125% it previously indicated. Stocks then pared those losses in afternoon trading.

The Nasdaq Composite, which posted its biggest gain in more than two decades on Wednesday, ended 4.3%lower. The Dow Jones Industrial Average shed 1,015 points, or 2.5%.
https://www.cableforum.uk/board/atta...1&d=1744326568

So much winning…

Pierre 11-04-2025 07:01
Re: President Trump 2.0
 
Quote:
Originally Posted by Hugh (Post 36194461)
Ok, fell, bounce back bigly, fell again.

Quote:
After Trump announced a 90-day tariff reprieve on Wednesday, the S&P 500 surged 9.5%, the largest one-day percentage jump since October 2008. The tech-heavy Nasdaq soared 12.2%, notching its second-biggest daily gain on record.

https://www.reuters.com/markets/us/f...al-2025-04-10/

papa smurf 12-04-2025 16:27
Re: President Trump 2.0
 
Captain cave in strikes again

Trump exempts smartphones and computers from new tariffs

US Customs and Border Patrol published a notice late on Friday explaining the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.

The move comes after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.

The exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.


https://www.bbc.co.uk/news/articles/c20xn626y81o

Stephen 12-04-2025 16:46
Re: President Trump 2.0
 
What a loser. Can't stick to a plan

Paul 12-04-2025 17:08
Re: President Trump 2.0
 
Quote:
Originally Posted by Stephen (Post 36194563)
What a loser. Can't stick to a plan
Certainly not a plan that would cost his party a lot of votes.

Jaymoss 13-04-2025 16:13
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194562)
Captain cave in strikes again

Trump exempts smartphones and computers from new tariffs

US Customs and Border Patrol published a notice late on Friday explaining the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.

The move comes after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.

The exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.


https://www.bbc.co.uk/news/articles/c20xn626y81o
saw a chinese guy on tiktok saying look at all the things I bought from the US holding up empty hands then says wonder that the average American owns from China. They are laughing at Trump and as an official said on Radio 2 yesterday China could live twithout the US no worries

Sephiroth 13-04-2025 16:31
Re: President Trump 2.0
 
Quote:
Originally Posted by Jaymoss (Post 36194640)
saw a chinese guy on tiktok saying look at all the things I bought from the US holding up empty hands then says wonder that the average American owns from China. They are laughing at Trump and as an official said on Radio 2 yesterday China could live without the US no worries

Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.

Jaymoss 13-04-2025 16:35
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36194642)

Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.
But you also have to factor in they are still an oppressive communist regime so the people will have to fall in line. They are still stopping UK MPs who disagree with their human rights record entering so I am sure they can tough it out. I do not think China will lose trade of Europe either

Sephiroth 13-04-2025 16:46
Re: President Trump 2.0
 
Quote:
Originally Posted by Jaymoss (Post 36194643)
But you also have to factor in they are still an oppressive communist regime so the people will have to fall in line. They are still stopping UK MPs who disagree with their human rights record entering so I am sure they can tough it out. I do not think China will lose trade of Europe either
Interesting point. I infer that the USA is out on a limb in your eyes and Europe knows it and won't kow-tow (pun intended) to the USA. The problem might lie with USA designed stuff that Europe buys (e.g. smart phones). Indeed, if it gets any more bitter between the USA & China, there is potential for China to tell the USA to sod off and then produce high qualityi Phone knock-offs!

TheDaddy 13-04-2025 16:50
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36194642)

Not sure about that. On their current economic model, they thrive on being a substantial proportion of the world's manufacturing output. Then there's their political agenda which feeds their manufacturing agenda.

There probably is an economic model that they could develop that doesn't take Europe or the USA into account, but that will need transition, time and a non-restive public.
and they still will be, 14% of Chinese exports go to USA and that accounts for 2.5% of China's GDP iirc, not figures to sniff at but another country lost 4% of its GDP annually thanks to brexit and is still thriving

Hugh 13-04-2025 20:40
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194562)
Captain cave in strikes again

Trump exempts smartphones and computers from new tariffs

US Customs and Border Patrol published a notice late on Friday explaining the goods would be excluded from Trump's 10% global tariff on most countries and the much larger Chinese import tax.

The move comes after concerns from US tech companies that the price of gadgets could skyrocket, as many of them are made in China.

The exemptions also include other electronic devices and components, including semiconductors, solar cells and memory cards.


https://www.bbc.co.uk/news/articles/c20xn626y81o
Yeh, about that…

https://wapo.st/4j9jA9z

Quote:
Tariffs on chips, phones, laptops still coming, commerce secretary warns

Trump officials adjusted their position a little more than one day after the White House announced an exemption from “reciprocal” tariffs for semiconductors and tech products…

… For the tech industry, Sunday’s clarification marked a return to the uncertainty that has roiled markets — just one day after it celebrated the White House announcement that the chip sector would be spared.

“The mass confusion created by this constant news flow out of the White House is dizzying for the industry and investors and creating massive uncertainty and chaos for companies trying to plan their supply chain, inventory, and demand,” Dan Ives, a senior analyst for Wedbush, wrote in a note to investors.

papa smurf 13-04-2025 21:00
Re: President Trump 2.0
 
Quote:
Originally Posted by Hugh (Post 36194658)
Yeh, about that…

https://wapo.st/4j9jA9z
You need to read "the art of destroying the economy" by A Dick :)

Tech shares will be in the toilet tomorrow, it's all part of the plan, don't be a panican

Jaymoss 13-04-2025 22:49
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36194644)
Interesting point. I infer that the USA is out on a limb in your eyes and Europe knows it and won't kow-tow (pun intended) to the USA. The problem might lie with USA designed stuff that Europe buys (e.g. smart phones). Indeed, if it gets any more bitter between the USA & China, there is potential for China to tell the USA to sod off and then produce high qualityi Phone knock-offs!
China is Taiwans biggest trading partner iPhone SOC come from Taiwan so things could really get fun or funny haha

1andrew1 13-04-2025 23:28
Re: President Trump 2.0
 
Quote:
Originally Posted by papa smurf (Post 36194659)
You need to read "the art of destroying the economy" by A Dick :)
Is that the one with a foreword by E. Truss? ;)

Sephiroth 14-04-2025 08:22
Re: President Trump 2.0
 
Quote:
Originally Posted by 1andrew1 (Post 36194664)
Is that the one with a foreword by E. Truss? ;)
... and ghost-written by R. Reeves.

1andrew1 14-04-2025 16:58
Re: President Trump 2.0
 
Quote:
Originally Posted by Sephiroth (Post 36194669)
... and ghost-written by R. Reeves.
That would certainly be a turn up for the books, she's previously been found reproducing others' work!
https://www.ft.com/content/e4c190b0-...b-9f680ce1c67f

Back on topic, and good to see that Trump has acknowledged that tariffs are paid by the country importing the goods rather than the country exporting them. I wonder how many other exemptions will be added on top of the existing tech list?


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