Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"President Donald Trump, while en route to Italy for Pope Francis’ funeral, seemed to be more focused on football."
Reminiscent of one of his predecessors.
"On Nov. 15, 1969, the Vietnam Moratorium Committee staged what [was] believed to be the largest antiwar protest in United States history when as many as half a million people attended a mostly peaceful demonstration in Washington."
"On the day of the November march, Nixon devoted the morning to foreign policy and announced to reporters that he was going to spend the afternoon the right way: 'It was a good day to watch a football game.'"
I'd reference a Pete Seeger song of the era but I wouldn't want to be accused of playing the Nazi card.
In the weeks ahead, the markets will get another bump when our grand leader steps up to the mic and claims that the US has scored MASSIVE tariff victories on a list of various countries (including Penguin island), but not China and probably not the EU. Calling them victories will be debatable due to lack of details provided, but the knee-jerk reaction will be another market rally. Traders will fade that rally.
When the dust settles, China will be there staring us down. U.S. store shelves will be getting more empty by the day. Our grand leader clearly "overplayed his hand", a reference he once used on Zelensky.
There's the small issues of inflation spiking, companies trying to feel out guidance of any kind and fading confidence in U.S. leadership's competence. Market volatility will continue as our grand leader cannot remain in the shadows for more than a 4 hour period.
No surprise from someone who never takes responsibility for bad outcomes arising from his own actions! He truly doesn't know the meaning of "The buck stops here."
Peter Navarro is delusional .... on CNBC: says this morning's horrible economic numbers are actually good news because if you remove the effect of tariffs "you have 3 percent growth. So we really like where we're at now."
That's the same BS economists use to spin data when drawing distinctions between 'CPI' and 'core CPI' which excludes food/fuel -- 2 major day-to-day expenses in a person's life.
Comments
Reminiscent of one of his predecessors.
"On Nov. 15, 1969, the Vietnam Moratorium Committee staged what [was] believed to be the largest antiwar protest in United States history when as many as half a million people attended a mostly peaceful demonstration in Washington."
"On the day of the November march, Nixon devoted the morning to foreign policy and announced to reporters that he was going to spend the afternoon the right way: 'It was a good day to watch a football game.'"
I'd reference a Pete Seeger song of the era but I wouldn't want to be accused of playing the Nazi card.
When the dust settles, China will be there staring us down. U.S. store shelves will be getting more empty by the day. Our grand leader clearly "overplayed his hand", a reference he once used on Zelensky.
There's the small issues of inflation spiking, companies trying to feel out guidance of any kind and fading confidence in U.S. leadership's competence. Market volatility will continue as our grand leader cannot remain in the shadows for more than a 4 hour period.
Tell me I am wrong.
huh ?
it seems somebody understands the word 'plurality', but not the word 'large'.
https://www.cnbc.com/2025/04/30/trump-gdp-tariffs-biden-overhang.html
As soon as the econ data broke this AM, the missus said to me, "He'll blame Biden!"
He truly doesn't know the meaning of "The buck stops here."
No accountability. Man up, dude. Would be refreshing.
Peter Navarro is delusional .... on CNBC: says this morning's horrible economic numbers are actually good news because if you remove the effect of tariffs "you have 3 percent growth. So we really like where we're at now."
That's the same BS economists use to spin data when drawing distinctions between 'CPI' and 'core CPI' which excludes food/fuel -- 2 major day-to-day expenses in a person's life.
https://www.youtube.com/watch?v=_DyNjjSxO8s