The Economy

194,683 Views | 2398 Replies | Last: 1 hr ago by LudwigsFountain
Aunburdened
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sycasey said:

DiabloWags said:

Aunburdened said:

I'll take "Things Democrats pretended not to notice from Jan 2021-Nov 2024 for $400", Ken.


I believe Bernie Sanders is a Democrat.

Technically he's an Independent.

DiabloWags
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From 3.95% to 4.39% in one month.
Not good.


DiabloWags
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Still heading lower.








GDPNow - Federal Reserve Bank of Atlanta
Cal88
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I stand corrected on inflation, prices are coming down.

DiabloWags
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Current fiscal year deficit looks to be $1.75 TRILLION.
So says the CBO from last month.

This number already looks low.

Add another $200 Billion for the war
funding and another $130 Billion for tariff refunds.

Make no mistake.
Biden did not do this.

DONALD TRUMP DID.

THIS IS HOW YOU MAGA!
Cal88
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DiabloWags
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Yes, the month of March has not been kind to the bond market.

4.4160 - - - - - +2.03% today






cal83dls79
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Cal88 said:



anecdotally I had noticed more "above asking" sales in Oakland in q1 after a long moribund and stubborn period. War wipes all of that momentum ..that even AI-driven housing demand pressure from SF to east bay won't make up soon
Priest of the Patty Hearst Shrine
Cal88
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Wow.

Aunburdened
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Cal88 said:

Wow.



Quick, somebody tell David French!

chazzed
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chazzed
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Aunburdened
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DiabloWags said:

Trump's tariffs are hurting American manufacturing.

https://apnews.com/article/trump-tariffs-manufacturing-china-030d58f482ce2505721a3ce86820d1da

cal83dls79
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Aunburdened said:

DiabloWags said:

Trump's tariffs are hurting American manufacturing.

https://apnews.com/article/trump-tariffs-manufacturing-china-030d58f482ce2505721a3ce86820d1da


From that piece….."Another is that tariffs implemented in a haphazard, opaque, and unpredictable manner make it harder for manufacturers to invest than necessary, thus offsetting some of the potential gains tariff pressures produce."
Priest of the Patty Hearst Shrine
Cal88
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Interest rates going up...

DiabloWags
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cal83dls79 said:

Aunburdened said:

DiabloWags said:

Trump's tariffs are hurting American manufacturing.

https://apnews.com/article/trump-tariffs-manufacturing-china-030d58f482ce2505721a3ce86820d1da



From that piece….."Another is that tariffs implemented in a haphazard, opaque, and unpredictable manner make it harder for manufacturers to invest than necessary, thus offsetting some of the potential gains tariff pressures produce."


Bingo!

Never mind the fact that a 50% tariff on copper doesn't do anything but screw the end user.

It takes 27 years for a copper mine to come online. No one is going to be investing the capital to develop a copper mine because of a 50% tariff. A similar argument can be made when it comes to aluminum. We just don't have the refining capacity like Canada does. - - - Wanna streamline the permitting process instead?

Great.
Do that.

But a tariff isn't going to be the catalyst to re-shore in America.
The supply chains (especially in the auto industry) are some of the most cost-efficient and optimally developed of any industry in the world. They offer consumers far greater choice, at a lower price.

But the Mango Moron thinks that supply chains are dumb.
Go figure.

And if you ask any of the 3 American Auto CEO's, they will tell you that Trump's tariffs on European and Asian vehicles is way too low. It doesn't compel foreign companies to invest plant and equipment in America. They will simply ride this out and wait till Trump leaves office.



Cal88
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DiabloWags said:

cal83dls79 said:

Aunburdened said:

DiabloWags said:

Trump's tariffs are hurting American manufacturing.

https://apnews.com/article/trump-tariffs-manufacturing-china-030d58f482ce2505721a3ce86820d1da



From that piece….."Another is that tariffs implemented in a haphazard, opaque, and unpredictable manner make it harder for manufacturers to invest than necessary, thus offsetting some of the potential gains tariff pressures produce."


Bingo!

Never mind the fact that a 50% tariff on copper doesn't do anything but screw the end user.

It takes 27 years for a copper mine to come online. No one is going to be investing the capital to develop a copper mine because of a 50% tariff. A similar argument can be made when it comes to aluminum. We just don't have the refining capacity like Canada does. - - - Wanna streamline the permitting process instead?

Great.
Do that.

But a tariff isn't going to be the catalyst to re-shore in America.
The supply chains (especially in the auto industry) are some of the most cost-efficient and optimally developed of any industry in the world. They offer consumers far greater choice, at a lower price.

But the Mango Moron thinks that supply chains are dumb.
Go figure.

And if you ask any of the 3 American Auto CEO's, they will tell you that Trump's tariffs on European and Asian vehicles is way too low. It doesn't compel foreign companies to invest plant and equipment in America. They will simply ride this out and wait till Trump leaves office.



Good points. We will also have to revise our aluminum tariff policies on Canada as the GCC production has crashed.

And speaking of Canada, as a result of tariffs on cars and auto parts, they've shut down a lot of their GM/Ford/Dodge production and will now be hosting BYD and other Chinese plant ventures.
DiabloWags
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That aluminum tariff alone nearly KILLED FORD.
The most popular selling pick-up in American history, the F-150 is made up of nearly 45% aluminum.

Trump is the DUMBEST PRESIDENT IN MY LIFETIME.
LudwigsFountain
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DiabloWags said:

That aluminum tariff alone nearly KILLED FORD.
The most popular selling pick-up in American history, the F-150 is made up of nearly 45% aluminum.

Trump is the DUMBEST PRESIDENT IN MY LIFETIME.


I can say the same thing and I'm probably a lot older than you.
 
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