Trump 47 Economy

[Anonymous]

Anonymous wrote:I just ordered some euros for an upcoming trip and was shocked by how much the value of the dollar had fallen since I went to Europe last summer.

They have ATM machines there.

[Anonymous]

Anonymous wrote:Another day, another win for 47! Today the Treasury announced that June's revenues exceeded expenses for the first time since 2005.

You guys are such suckers, it’s tempting to feel bad for you.

Enjoy your PedoBucks while you can.

[Anonymous]

I was told he would lower prices on day one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

What a difference perspective makes. Financial press (Bloomberg and WSJ) are reporting this morning’s inflation prints as undershoots. Yields are down and equities are up in markets. So markets are interpreting this as soft inflation data.

markets are up because rising inflation increases the odds of Fed rate cuts in September.

Other way around. Markets are up (and yields are down) because softer than expected inflation data increases odds of a Fed Rate cut this year.

markets are down and the feds will be holding steady at the next FOMC.

[Anonymous]

Anonymous wrote:I was told he would lower prices on day one.

Inflation is UP. Jay Powell was RIGHT and Trump is WRONG. Powell has been warning about inflation and has been reluctant to lower interest rates because that would drive inflation. Lower interest and it would be driving inflation up even higher, even faster.

Trump's economy is a diseased mess and Trump has all the wrong prescriptions to try and fix it.

[Anonymous]

And here comes the ceding to china layoffs...

https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m

[Anonymous]

[Anonymous]

That will hurt shoppers in red states disporprotionately.

[Anonymous]