Trump 47 Economy

[Anonymous]

Anonymous wrote:I thought the sky was falling and everyone should cash out their 401ks and put their retirement funds in a shoebox? Oh wait….

https://www.washingtonpost.com/business/2025/06/11/trump-tariffs-may-inflation/

Trump economy shows surprising resilience despite tariff impacts

President Donald Trump’s escalating trade war may be rattling corporate boardrooms and slowing consumer spending, but the U.S. economy so far has kept humming along.

The latest encouraging sign came Wednesday, when the Labor Department reported that inflation remained mild in May, rising at an annual pace of 2.4 percent — less than economists had anticipated. The labor market continues to chug as well, adding a healthy 139,000 jobs last month, which also beat expectations.

The wave of good news has surprised analysts who had braced for higher inflation and weaker hiring amid Trump’s unpredictable trade moves — including new tariffs that were quickly scaled back or delayed. The inflation report landed the day after U.S. and Chinese negotiators announced a framework for a deal to reduce tariffs and other economic restrictions between the countries, suggesting the administration may further retreat in its global trade war. That could remove another threat from the U.S. economy.

Well, of 55% stays on China and once the REAL statistics come out re unemployment etc, the market will catch up. The felon will screw Americans one way or another.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I thought the sky was falling and everyone should cash out their 401ks and put their retirement funds in a shoebox? Oh wait….

https://www.washingtonpost.com/business/2025/06/11/trump-tariffs-may-inflation/

Trump economy shows surprising resilience despite tariff impacts

President Donald Trump’s escalating trade war may be rattling corporate boardrooms and slowing consumer spending, but the U.S. economy so far has kept humming along.

The latest encouraging sign came Wednesday, when the Labor Department reported that inflation remained mild in May, rising at an annual pace of 2.4 percent — less than economists had anticipated. The labor market continues to chug as well, adding a healthy 139,000 jobs last month, which also beat expectations.

The wave of good news has surprised analysts who had braced for higher inflation and weaker hiring amid Trump’s unpredictable trade moves — including new tariffs that were quickly scaled back or delayed. The inflation report landed the day after U.S. and Chinese negotiators announced a framework for a deal to reduce tariffs and other economic restrictions between the countries, suggesting the administration may further retreat in its global trade war. That could remove another threat from the U.S. economy.

Well, of 55% stays on China and once the REAL statistics come out re unemployment etc, the market will catch up. The felon will screw Americans one way or another.

So I should liquidate my 401k and put it all into a panic room in a bunker in rural WV, right? Got it.

[Anonymous]

Agreement of an agreement that wasn't really an agreement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought the sky was falling and everyone should cash out their 401ks and put their retirement funds in a shoebox? Oh wait….

https://www.washingtonpost.com/business/2025/06/11/trump-tariffs-may-inflation/

Trump economy shows surprising resilience despite tariff impacts

President Donald Trump’s escalating trade war may be rattling corporate boardrooms and slowing consumer spending, but the U.S. economy so far has kept humming along.

The latest encouraging sign came Wednesday, when the Labor Department reported that inflation remained mild in May, rising at an annual pace of 2.4 percent — less than economists had anticipated. The labor market continues to chug as well, adding a healthy 139,000 jobs last month, which also beat expectations.

The wave of good news has surprised analysts who had braced for higher inflation and weaker hiring amid Trump’s unpredictable trade moves — including new tariffs that were quickly scaled back or delayed. The inflation report landed the day after U.S. and Chinese negotiators announced a framework for a deal to reduce tariffs and other economic restrictions between the countries, suggesting the administration may further retreat in its global trade war. That could remove another threat from the U.S. economy.

Well, of 55% stays on China and once the REAL statistics come out re unemployment etc, the market will catch up. The felon will screw Americans one way or another.

So I should liquidate my 401k and put it all into a panic room in a bunker in rural WV, right? Got it.

What a bizarre overreaction. I said some might wait to count their chickens because this isn’t Trump 2.0. Relax.

[Anonymous]

[Anonymous]

Anonymous wrote:Inflation rising again, up from last month.

https://www.yahoo.com/news/inflation-rate-edged-higher-2-123438413.html

Under the forecast. It grew 0.1%.

Gas prices are down. Egg prices are down.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Inflation rising again, up from last month.

https://www.yahoo.com/news/inflation-rate-edged-higher-2-123438413.html

Under the forecast. It grew 0.1%.

Gas prices are down. Egg prices are down.

Relative to what? Food prices might be "down" compared to some point earlier in Trump's term but they are still higher than they were a year ago under Biden. Same with gas prices. Trump ran on lower costs. But they are still higher than when he made that promise. It's a fail.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Inflation rising again, up from last month.

https://www.yahoo.com/news/inflation-rate-edged-higher-2-123438413.html

Under the forecast. It grew 0.1%.

Gas prices are down. Egg prices are down.

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation rising again, up from last month.

https://www.yahoo.com/news/inflation-rate-edged-higher-2-123438413.html

Under the forecast. It grew 0.1%.

Gas prices are down. Egg prices are down.

Relative to what? Food prices might be "down" compared to some point earlier in Trump's term but they are still higher than they were a year ago under Biden. Same with gas prices. Trump ran on lower costs. But they are still higher than when he made that promise. It's a fail.

Prices don't go down. Inflation at 2% annually is the stated goal. If you believed Trump when he said he would bring prices literally down, you simply aren't all that bright just like the rest of MAGAS

[Anonymous]

I guess Trump is good at crashing the Dollar

https://www.reuters.com/world/europe/dollars-crown-is-slipping-fast-2025-06-12/

The dollar's crown is slipping, and fast...

The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fueling outflows from the world's biggest economy.

[Anonymous]

UMichigan sentiment 60.5, Exp. 53.6
UMich conditions 63.7, Exp. 59.3
UMich expectations 58.4, Exp.49.7

More winning!

[Anonymous]

Anonymous wrote:UMichigan sentiment 60.5, Exp. 53.6
UMich conditions 63.7, Exp. 59.3
UMich expectations 58.4, Exp.49.7

More winning!

Uh, you understand a lot of people were front running purchases because of the tariffs, right?

[Anonymous]

Anonymous wrote:I guess Trump is good at crashing the Dollar

https://www.reuters.com/world/europe/dollars-crown-is-slipping-fast-2025-06-12/

The dollar's crown is slipping, and fast...

The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fueling outflows from the world's biggest economy.

He's been wanting to weaken the dollar for a while.

https://www.marketwatch.com/story/heres-the-real-reason-trump-wants-to-create-economic-chaos-and-why-investors-should-be-more-afraid-a5050173

[Anonymous]

Someone doesn't understand the UMich report, which measures US consumer attitudes towards personal finances, business conditions and economic activity.