Trump 47 Economy
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Anonymous
Anonymous
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It was never about the price of eggs or "Biden's Inflation"
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Anonymous
| Has anyone looked at their 401k recently? I’m back to retiring early. |
Anonymous
It is hard to fathom the stock market right now. Inflation is increasing, unemployment is rising and GDP is falling and trade if dropping off a cliff. but ok. |
Anonymous
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(Bloomberg) - Citigroup Inc. is set to put aside hundreds of millions of dollars more than it did last quarter to account for potential losses on loans and credit cards, an early sign that the biggest US banks may be bracing for deteriorating consumer health.
https://www.bloomberg.com/news/articles/2025-06-10/citi-to-set-aside-more-money-for-losses-on-loans-credit-cards |
Anonymous
What an idiodic comment. I am up mostly because of contributions but still far below the growth I could have had if Trump wasn't president. Dow is still not back to where it was and S&P only finally back to 6k when it was there 6 months ago. You may be up, but that doesn't mean the stock market is recovered or "good" |
Anonymous
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It’s because Trump goes on tv and tells them lies and they believe them. Trump: EGGS ARE DOWN 88%! They were $11 dollars last week! MAGA: Wow, he is a genius! |
Anonymous
Well, sure, if you are insider trading like the GOP. |
Anonymous
Are you counting contributions as growth? |
Anonymous
Yep unless they waited till april 2025 to invest in the market. 
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Anonymous
Of course. I contribute the maximum(including the $7,500 catch up). I wish I could post a screenshot from my Fidelity app. In the last 7 weeks my balance rose over $312,000. |
Anonymous
And yet, it is down from last fall. Go figure. |
Anonymous
You understand that you are still below where you should be - with those contributions, that's where you would be 6 months ago? The stock market has been stagnant since Trump took office. Look ag the stock market but farther back than April 2025. Do you.... understand that? This really isn't the win you think it is. I'm up too, but I also estimate where I should be given stock market growth and I'm technically behind. Trump has NOT been good for the stock market. |
Anonymous
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We did have a decline in GDP in the first quarter. It’s odd how this wasn’t bigger news. Think we will likely have some inventory bounce in q2 to keep us positive and out of a recession. Q3 will be the real test, too much noise right now with all this tariff nonsense effecting inventories. The numbers don’t look great for this year, but also not dire (yet). One thing is for sure, the nice steady predictable growth of the Biden years are over. |