| S&P is 5,590 right now and up 12% for the year. When are these tariffs going to tank the market? I’m waiting to dig my money out of my back yard. |
| My stocks are up but my grocery bill is bonkers and another mid 50s BIL lost his job yesterday. |
| The value of the U.S. dollar against other currencies dropped about 11% in the first half of this year, the biggest decline in more than 50 years, ending a 15-year bull cycle. |
| The 30 year mortgage rate dropped. |
As soon as the people become too poor to buy the goods the corporations are producing. |
but so many are out of jobs and inflation is still making housing affordability out of reach for most |
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Gold - $3,665 per ounce
Silver $42 per ounce That's a whole lotta US federal reserve notes you have to hand over. Wheel barrows of cash coming. This has been in the making for several decades. |
Who cares in no one has a job. |
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Carney: The system of global trade anchored on the United States.. is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over.
https://bsky.app/profile/acyn.bsky.social/post/3llwfjnhjwc22 Donald Trump: "I did this" |
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China bought a record amount of soybeans… NONE from the U.S.
In Iowa, soybean farmers have spent decades building a relationship with China. Because of Trump’s trade war(s), we’ve lost the market and they’re now coming from Brazil. https://www.bloomberg.com/news/articles/2025-09-08/china-bolsters-soybean-stockpiles-ahead-of-us-export-surge And once the supply chain is established, it is virtually impossible to regain. I am not sure how the US midwest farm export producers recover from this. And US taxpayers are not going to be able to simply subisidize their lives forever without balancing income. But let's keep being distracted by Epstein and culture war distractions. |
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This doesn't bode well either:
https://www.wsj.com/us-news/education/test-scores-low-reading-math-naep-d87099b6?st=7dvkLf&reflink=article_copyURL_share Twelfth-Grade Math and Reading Scores in U.S. Hit New Low (and before you say, that is from before Trump was president, the declines started before the pandemic, when....Trump was president and Betsy DeVos was the Education Secretary) |