Trump 47 Economy

[Anonymous]

“.. US corporate bankruptcies in July reached their highest monthly volume since 2020.

“.. Year-to-date bankruptcy filings totaled 446 through the end of July, the most for this seven-month period since 2010.”

- S&P Global

[Anonymous]

Anonymous wrote:The Dow quietly hit an all time high and the U.S. credit rating has increased.

Credit rating did not increase. S&P held it stable citing increased revenues from Americans paying the tariffs.

US Credit rating doesn’t typically change. Sounds like s&p was considering another ratings decrease like Moody’s did earlier this year but tariffs made them hold it stable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The Dow quietly hit an all time high and the U.S. credit rating has increased.

Credit rating did not increase. S&P held it stable citing increased revenues from Americans paying the tariffs.

US Credit rating doesn’t typically change. Sounds like s&p was considering another ratings decrease like Moody’s did earlier this year but tariffs made them hold it stable.

Corp earnings releases are already suggesting they can’t provide good guidance given the tariff impacts. Layoffs and “belt tightening” is already starting and inflation is marching towards 4%.

The S&P might be at an all time high NOW, but that won’t stick as more numbers and news comes out. Let’s check in early 2026 and see what these bulls are saying.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Dow quietly hit an all time high and the U.S. credit rating has increased.

Credit rating did not increase. S&P held it stable citing increased revenues from Americans paying the tariffs.

US Credit rating doesn’t typically change. Sounds like s&p was considering another ratings decrease like Moody’s did earlier this year but tariffs made them hold it stable.

Corp earnings releases are already suggesting they can’t provide good guidance given the tariff impacts. Layoffs and “belt tightening” is already starting and inflation is marching towards 4%.

The S&P might be at an all time high NOW, but that won’t stick as more numbers and news comes out. Let’s check in early 2026 and see what these bulls are saying.

Ah, the broken clock is right twice a day theory. We were supposed to be doomed in Q2 2025 chicken little.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Dow quietly hit an all time high and the U.S. credit rating has increased.

Credit rating did not increase. S&P held it stable citing increased revenues from Americans paying the tariffs.

US Credit rating doesn’t typically change. Sounds like s&p was considering another ratings decrease like Moody’s did earlier this year but tariffs made them hold it stable.

Corp earnings releases are already suggesting they can’t provide good guidance given the tariff impacts. Layoffs and “belt tightening” is already starting and inflation is marching towards 4%.

The S&P might be at an all time high NOW, but that won’t stick as more numbers and news comes out. Let’s check in early 2026 and see what these bulls are saying.

Ah, the broken clock is right twice a day theory. We were supposed to be doomed in Q2 2025 chicken little.

It was always supposed to be Q3 not Q2 but nice try.

That being said, interest rate cuts may put that off. We'll find out soon enough although I don't think it will be as bad as people think. Things never happen as fast/slow or good/bad as the prognasticators predict.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The Dow quietly hit an all time high and the U.S. credit rating has increased.

Credit rating did not increase. S&P held it stable citing increased revenues from Americans paying the tariffs.

US Credit rating doesn’t typically change. Sounds like s&p was considering another ratings decrease like Moody’s did earlier this year but tariffs made them hold it stable.

Corp earnings releases are already suggesting they can’t provide good guidance given the tariff impacts. Layoffs and “belt tightening” is already starting and inflation is marching towards 4%.

The S&P might be at an all time high NOW, but that won’t stick as more numbers and news comes out. Let’s check in early 2026 and see what these bulls are saying.

Ah, the broken clock is right twice a day theory. We were supposed to be doomed in Q2 2025 chicken little.

It was always supposed to be Q3 not Q2 but nice try.

That being said, interest rate cuts may put that off. We'll find out soon enough although I don't think it will be as bad as people think. Things never happen as fast/slow or good/bad as the prognasticators predict.

Not sure how bad people are thinking, but it won’t be record setting S&P level. Assuming these illegal tarrifs stick and/or TACO doesn’t back off again, we will see inflation of at least 3.5% by the end of year and weakening GDP. Bookmark it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Thanks to idiotic "green" energy.

Speaking of idiots, Trump promised to cut electricity prices in half. Was he lying?

[Anonymous]

Yes, he was lying, because unless it is by fiat, a president does not set electric prices. However, a president can impact what public service commissions charge by policy, for example cutting green energy to help alleviate the impact on the grid makes coal powered energy that much more expensive, particularly on high demand days, like we had earlier this month in the DC area.

[Anonymous]

Anonymous wrote:Yes, he was lying, because unless it is by fiat, a president does not set electric prices. However, a president can impact what public service commissions charge by policy, for example cutting green energy to help alleviate the impact on the grid makes coal powered energy that much more expensive, particularly on high demand days, like we had earlier this month in the DC area.

The Trump Admin made a Michigan utility open a shuttered coal plant. It costs $29M to run this thing for 5 weeks. They are passing the costs directly to the consumer. They did NOT want to do it. They prefer renewables which are cheaper and faster to deploy. They did not want to go back to coal. It just costs too much.

[Anonymous]

Pepsi announced a 10% price increase.

But there is no inflation.