Please be mindful of the tone of your posts, and avoid using tone that might be perceived as aggressive, confrontational, or dismissive. Instead, try to use a tone that is respectful, friendly, and supportive.
- Manlobbi
Halls of Shrewd'm / US Policy❤
No. of Recommendations: 1
Why? Are renewed inflation, massive tariffs, and higher consumer prices not a concern?
Sure, TSLA is up strongly, presumably in anticipation of Musk's big role in Trump's economic policy, but why is just about everything up? (Excepting DJT for some reason.)
Also, what will become of the FTC cases against Google, and Apple and other "big tech"? Will they be killed to allow the "free market" unfettered reign?
No. of Recommendations: 4
I believe the market does not believe Trumps campaign promises:-)
I suspect some of them will get a "token" change, but nothing substantial as the consequences of many of his proposals are pretty dire.
He will certainly take credit for all things good, and blame all things bad on the prior administration.
Alan
No. of Recommendations: 2
trumpian dilemma.
at some point, musk may want tesla-relevant cronyism.
on the other hand, EVs are woke.
so either Big fossil or Musk will have to decisively cough up AGAIN, or...
cut some safetynet programs and send 50% to SpaceX and starlink.
No. of Recommendations: 3
Why? Are renewed inflation, massive tariffs, and higher consumer prices not a concern?
Probably not. I don't think the Street puts a high probability of any of that happening.
Trump's not imposing a 60% tariff on every good from China. It was hyperbole. It's a way to express that he's going to adopt a more mercantilist view of trade policy without having to express to his voters (or himself understand) what "mercantilism" means. He would like to move away from a "fair" global trade regime (where every country has an equal opportunity to access foreign markets) to one tilted in our favor (where our larger markets and stronger economy give us leverage to impose more favorable terms on smaller/lesser markets). Talking about a 60% tariff is a shorthand way to signal that, without it actually being anything he actually planned to do.
No. of Recommendations: 2
Probably not. I don't think the Street puts a high probability of any of that happening.
And what about Musk's plans for 2 trillion in Federal spending cuts in order to "right the ship"? Perhaps only companies with large gov't spending income will suffer? And I assume SpaceX's gov't contracts will only be affected in a positive way.
No. of Recommendations: 9
And what about Musk's plans for 2 trillion in Federal spending cuts in order to "right the ship"? Perhaps only companies with large gov't spending income will suffer?
Also not going to happen. Most government spending is non-discretionary or defense. The rest is only 14% of the budget, or about $900 billion. There isn't $2 trillion to cut without Congress signing on. And Congress isn't signing on to entitlement reform - especially since Trump doesn't care about it either. He showed no interest in pursuing a Paul Ryan-style austerity budget his first go-round, and there's no reason to think that's changed.
No. of Recommendations: 1
It's just one day.
And besides, you ned to be more concerned as to why you are so out of sync with your countrymen.
No. of Recommendations: 0
He showed no interest in pursuing a Paul Ryan-style austerity budget his first go-round, and there's no reason to think that's changed.
Ok, thanks. Perhaps this Trump economy won't be so bad for my portfolio after all.
No. of Recommendations: 0
Why? Are renewed inflation, massive tariffs, and higher consumer prices not a concern?
Keep in mind there's more than politics going on. The Fed has signaled another rate cut at their next meeting, which is ... ummm ... I don't recall, but very soon - perhaps next week.
No. of Recommendations: 3
He will certainly take credit for all things good, and blame all things bad on the prior administration.
Yup. That's totally unprecedented in American politics.
No. of Recommendations: 3
Many OEM'S are putting off the EV ramp up.
So get an ElonTRUMP ev if you must.
*OR*
Go Fossil Fuel Internal Combustion Engine.
I'll throw in the BAAAAAAAAA package for free if you do the deal now.
No. of Recommendations: 2
Many OEM'S are putting off the EV ramp up.
So get an ElonTRUMP ev if you must.
*OR*
Go Fossil Fuel Internal Combustion Engine.
I'll throw in the BAAAAAAAAA package for free if you do the deal now.
My favorites on the EV thing are how it's suddenly a feature to discharge your car back into the grid at night. You can't make this up.
No. of Recommendations: 1
Also, what will become of the FTC cases against Google, and Apple and other "big tech"? Will they be killed to allow the "free market" unfettered reign?
We got a Trump, when we needed a Roosevelt.
The Biden administration was doing a good job trying to prevent monopolistic corporate mergers. That is probably done.
No. of Recommendations: 1
he Biden administration was doing a good job trying to prevent monopolistic corporate mergers. That is probably done.
***
How does that make you feel?
Are you willing to make changes - so maybe things reverse course in 2028?
Typical Falwell types *never* want to change - but I figured to ask, maybe you are different.
No. of Recommendations: 4
Why? Are renewed inflation, massive tariffs, and higher consumer prices not a concern?Those concerns are showing up in the bond market.
https://www.barrons.com/articles/the-bond-market-h...The bond market is sending a warning in the wake of Donald Trump’s election victory on Tuesday. Investors may have been looking ahead to lower interest rates now that the Federal Reserve has started cutting. No more. The new message yields are sending: We’re heading back to a higher-for-longer world of interest rates.
The question is just how high.
Trump’s victory combined with a Republican takeover of the Senate and potential continued majority in the House makes it likely that many of the former president’s campaign promises to maintain tax cuts and impose blanket tariffs could become a reality. That means higher deficits and inflation.Or look at a stock like Dollar General (DG), which sells a lot of imported goods to "budget-conscious individual or family, often residing in rural or suburban areas". Unlike Elon's TSLA, DG took a hit yesterday. Kinda ironic, isn't it?
