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Posts Made By: Rod Kaufman

April 9, 2025 09:56 PM Forum: Politics

President Donald Trump played the radical leftist Democrats like a fiddle and in regular fashion they went nuts, as did our resident communist

Posted By Rod Kaufman

Originally Posted by Richard Davis


Then you are one of two things.   

Either A) a lying leftist trying to instill panic and fear into everyone around you when you knew you were lying about the market.

Or you are B)  The dumbest investor on planet Earth, because IF you were being honest and really thought that the sky was falling, any rational individual would sell everything and get out, absorbing a small loss rather than losing everything they owned.

There is no 3rd choice.  

So that proves you are either A) a liar, or B) the dumbest investor on the planet.  smile
Or, you could be could be the unfortunate option #3: the president's top trade official testifying in front of congress and being the last to know the orange head had just reversed course on the tariffs:

"President Donald Trump’s top trade official said he wasn’t informed of the 90-day pause on most new tariffs until after it was announced."

"At the same moment that US Trade Representative Jamieson Greer was defending Trump’s stiff tariffs during a House hearing, Trump said on his social media platform that the administration will delay the additional tariff hike on dozens of countries by 90 days — which went into effect for mere hours on Wednesday — with the exception of China."

https://www.cnn.com/2025/04/09/business/trump-top-trade-official-testifies-house-tariffs/index.html

April 10, 2025 12:06 AM Forum: Politics

President Donald Trump played the radical leftist Democrats like a fiddle and in regular fashion they went nuts, as did our resident communist

Posted By Rod Kaufman

Originally Posted by Richard Davis



There is no #3.  

That is irrelevant, and a complete non-sequitur.

I'll point out the subject of what I stated, which is that You came on here and You stated that the market was crashing.  

You became hysterical, as You did in 2017, claiming that financial markets around the entire globe were going to crash

Now you are claiming the above in bold, which has nothing to do with your assertion previously that Trunp is crashing the market.

And now you're trying to grab a crutch, which doesn't negate the fact that you were wrong.

And the bigger point is that You made a claim that the US market was crashing. 

So then IF that was your honest opinion, and You really believed the bullshit you were shoveling, then You must have thought that the market was crashing as you claimed.  

So IF that was the case a sensible, rational investor would sell their stocks.  

Now You are saying that you didn't sell.  Therefore the only conclusion we can draw is that You were:

A) Lying about Your assertion, and that was why you never sold your stocks, which you are now admitting to, or B) That you are an investment moron, since anyone who really did believe that and had a brain would sell off their portfolio, so as not to lose all their money in a crashing market.

Those are the only 2 options at the time to explain Your complete Bullshit hysteria.  

You never presented at that time that there was this caveat that you are now claiming you were considering, which was that he may pause his tariffs and so you didn't sell because you knew back then he would pause them.

That was never even mentioned by you weeks back.  You simply claimed that the market was crashing. 

Well, if it was as bad as you claimed it would be, that we would see another Black Thursday of 1929, Only a complete MORON would hang on to stocks that were going to be worthless.

So I'll reiterate the fact that you were several weeks back A) A completely non insightful moron who guesses at the market or B) You are a liar who never believed the bullshit he was shoveling.  

You still are.   winksmile
Lol! That, coming from the supporter of the Trump "JD" Putin-commie team who is now twisting himself into pretzels trying to rationalize his lies and unfounded posts about me and/or anybody else who obviously knows better. Get some help, you need it...

April 10, 2025 12:11 AM Forum: Politics

President Donald Trump played the radical leftist Democrats like a fiddle and in regular fashion they went nuts, as did our resident communist

Posted By Rod Kaufman

Originally Posted by James Lacey


The bond market was setting off all kinds of alarm bells. Not only were investors dumping bonds, but short-term bond rates were higher than long-term bond rates. In other words, the dreaded inverted yield curve is a sign of extreme market panic. For example, big financial institutions like Fidelity sold a ton of their bond and CD inventory in just the past few days. Trump caved and reversed because he had to, and it sounds like it happened quickly, so it's no wonder they left him out of the loop.
You nailed it:

"Inside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button"

"President Donald Trump’s abrupt decision to reverse course on his sweeping tariff plan by announcing a three-month pause revealed his threshold for political pain: One week."

“They were getting yippy,” Trump said, explaining the rising criticism raining down on the White House over the last week. “They were getting a little bit yippy, a little afraid.”

"Days of pressure from fellow Republicans, business executives and even his close friends hadn’t appeared to move Trump, who insisted last week: “MY POLICIES WILL NEVER CHANGE.”

"The growing alarm inside the Treasury Department over developments in the bond market was a central factor in Trump’s decision to hit pause on his “reciprocal” tariff regime, according to three people familiar with the matter."

"Treasury Secretary Scott Bessent raised those concerns directly to Trump Wednesday in a meeting that preceded the pause announcement, underscoring concerns shared by White House economic officials who had briefed Trump on the accelerating selloff in the US Treasury market earlier in the day."

https://www.cnn.com/2025/04/09/politics/trump-tariffs-retreat-bond-market/index.html

April 10, 2025 01:37 AM Forum: Politics

Somebody made bank this afternoon.

Posted By Rod Kaufman

This farmer in North Carolina sure didn't:

https://www.cnn.com/2025/04/09/business/video/north-carolina-trump-voter-tariffs-beekeeper-kaye-pkg-ac360-digvid

April 15, 2025 01:20 AM Forum: Politics

Somebody made bank this afternoon.

Posted By Rod Kaufman

Originally Posted by Richard Davis



Still pissed off I see.   

Get over yourself Jim.  

You might want to try someone besides your friend here, our resident communist for investment advice. 

Personally, I don't have an investment advisor, but if I did, it wouldn't be that fool.

Did You ever think that it might be a bust following the lead of your communist friend who changes his view hourly regarding the stock market.   smile
The ardent supporter of the Trump "JD" Putin-commie team is just being modest. He was actually out shopping for his newest pick-up truck after making a killing in the market and he's likely making up his mind between a Dodge Ram or a Ford 150 depending upon which will pull his new trailer and boat the best. Plus, he's got to factor in the size of the tailgate for all of his friends in their weekly tailgate parties that typify his active MAGA lifestyle. He's gotta calculate how much beer that pickup bed will hold and factor it all into his final decision. Then, when he finally decides, he has to have it tricked-out in full MAGA regalia-a one-sided American Flag with Trump's face on the other, popular in my neighborhood, and Trump 2028 decals adorning the bumpers...

April 10, 2025 04:30 PM Forum: Politics

"The Damage Is Done"

Posted By Rod Kaufman

The damage has been done but at least there's some silver lining:

Sabatos first "crystal ball" prediction:

"Democrats favored to win the House in 2026"

https://thehill.com/homenews/house/5242318-democrats-take-house-2026/

I think there's little doubt and the US and global recession deepen, the responsible party will pay the price...

April 10, 2025 05:18 PM Forum: Politics

"The Damage Is Done"

Posted By Rod Kaufman

It'd be comical if it wasn't so dire but you've got Trump being praised by his cabinet members with another "Dear Leader" press meeting led by Besset who is praising the Orange head for how great the bond market is doing! WTF?!

April 10, 2025 07:48 PM Forum: Politics

"The Damage Is Done"

Posted By Rod Kaufman

'The worst self-inflicted wound': Former treasury secretary blasts Trump's trade war"

https://www.cnn.com/2025/04/10/business/video/janet-yellen-trump-tariffs-ow-digvid

April 10, 2025 09:07 PM Forum: Politics

"The Damage Is Done"

Posted By Rod Kaufman

Originally Posted by Richard Davis


Once again your leftist anger is showing. wink

Does it suck to be a new found leftist these days?  

And all of your anger and emoting about what I did or did not sell, is proving to expose you even further.

Did you care to address your over the top hypocrisy regarding all of your fake anger towards Donald Trump, considering that you never had ever said a word about so called "crashing stock markets" when I proved your lack of response when the market dropped 20% back in the middle of Biden's reign of terror?  

I mean I understand that you are one of the biggest frauds on this forum and that your leftist hypocrisy knows no bounds, but I have to ask are you even the tiniest bit embarrassed that I've exposed you so openly? 

I would be if I were you, but then I thank my lucky stars every day that I'm at least honest and Not a complete fraud like you.  smile
"Did you care to address your over the top hypocrisy regarding all of your fake anger towards Donald Trump, considering that you never had ever said a word about so called "crashing stock markets" when I proved your lack of response when the market dropped 20% back in the middle of Biden's reign of terror? "

We didn't feel like responding to your typical deflection to  your ludicrous whataboutism but, for the conscious among us, we already know the market drop during the initial phase of the Biden years was due to te Covid pandemic and not the insane, man-made crisis of today brought about than none other than your orange leader...

April 11, 2025 01:42 AM Forum: Politics

"The Damage Is Done"

Posted By Rod Kaufman

Originally Posted by Maurice Clark
And the market had another big drop today. Funny... I don't see dickie dodgeball crowing about how much he made today. 

Here is an analysis by the ABC. It has some interesting thoughts,  particularly on how the orange god is gifting world leadership to China. 

https://www.abc.net.au/news/2025-04-11/trump-china-and-the-possibility-of-tariff-trade-war/105155856
Two things here seem particularily relevant:

1. “The intellectual underpinning of the Trump tariff agenda is that the dollar would rise and the bond market would rally, which would offset some of the negative impact of higher tariffs and higher costs,” said Brian Gardner, the chief Washington policy strategist for the wealth management and investment banking company Stifel. “And that’s not what was happening.”  "Gardner said the value of the U.S. dollar internationally was weakening and borrowing costs were rising for Americans, “the very people that they intend for the tariffs to help.”

https://thehill.com/homenews/administration/5243337-trump-tariffs-bond-market/

2.  "Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown".  "...her bets are working out so far,..."

https://finance.yahoo.com/news/rep-marjorie-taylor-greene-bought-201206296.html