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