Forums59
Topics1,057,130
Posts14,280,165
Members144,604
|
Most Online39,925 Dec 30th, 2023
|
|
Re: How low will it go
[Re: The Searchers]
#15368648
04/03/25 08:14 PM
|
Joined: Jan 2013
Posts: 3,490
The Searchers
OP
TFF Team Angler
|
OP
TFF Team Angler
Joined: Jan 2013
Posts: 3,490 |
I don’t know what the answer is but me losing thousands every hour has the sucks written all over it.
|
|
Re: How low will it go
[Re: Bob Davis]
#15368650
04/03/25 08:16 PM
|
Joined: Jan 2006
Posts: 33,068
Scagnetti
TFF Guru
|
TFF Guru
Joined: Jan 2006
Posts: 33,068 |
Lemme guess. Some 20 year old with an 'economics' degree from a conservative bible college assembled the trade tables.
I’d hate to be a person staring down the road of retirement knowing they’ll have to draw down from a diminished portfolio. You maybe tilting at windmills and shouting across the shore Don Quixote. Things will be fine. Only 2 months have passed into the correction of our country. I hope you’re right for all our sakes.
|
|
Re: How low will it go
[Re: The Searchers]
#15368652
04/03/25 08:19 PM
|
Joined: Mar 2011
Posts: 15,529
Bandit 200 XP
TFF Guru
|
TFF Guru
Joined: Mar 2011
Posts: 15,529 |
Just got a email from Fidelity , ain't that something . Bread and water
|
|
Re: How low will it go
[Re: butch sanders]
#15368654
04/03/25 08:19 PM
|
Joined: Apr 2021
Posts: 582
Marion Morrison
Pro Angler
|
Pro Angler
Joined: Apr 2021
Posts: 582 |
also are these industries going to set up in America next week? Yes, some will. Volkswagen has over capacity in TN and will shift lines from Mexico to TN. Other auto makers are doing the same. This is a short term pain to get equal and fair trade practices with all other countries. The reduction in BS spending being identified by DOGE along with the equalization of tariffs world wide, and coming growth, will put us in a place we have never seen. Even if it rights the ship somewhat, we will be better off. We cannot sustain the wasteful spending and deficit we were building annually. Something has to be done. If you can't see that, the two parties are farther apart than ever. Time will tell whether this is successful and nothing we say on this forum will change that. At least have the foresight to give this some time before you yell the sky is falling. It is not that hard. so VW can fire up production next week? good that should help us out your assessment is valid but i dont have time glad you are doing well in this climate I am not doing well in this climate and I doubt most Americans are. 2024 was the worst year in my entire work history BUT I know/believe that we cannot just continuously go on like we have for the last 20-30 years. Someone has to take bold action before it is too late. The way I look at it, this was coming now or worse later. All I can do is pray and hope we elected the right man to put us on a sustainable course for a better future.
|
|
Re: How low will it go
[Re: Gusick]
#15368659
04/03/25 08:34 PM
|
Joined: Jan 2013
Posts: 9,101
Scoundrel
TFF Celebrity
|
TFF Celebrity
Joined: Jan 2013
Posts: 9,101 |
Why do tariffs cause the stock market to crash? Do investors not understand? hardly a crash 
|
|
Re: How low will it go
[Re: Marion Morrison]
#15368662
04/03/25 08:41 PM
|
Joined: Mar 2005
Posts: 44,497
butch sanders
TFF Guru
|
TFF Guru
Joined: Mar 2005
Posts: 44,497 |
also are these industries going to set up in America next week? Yes, some will. Volkswagen has over capacity in TN and will shift lines from Mexico to TN. Other auto makers are doing the same. This is a short term pain to get equal and fair trade practices with all other countries. The reduction in BS spending being identified by DOGE along with the equalization of tariffs world wide, and coming growth, will put us in a place we have never seen. Even if it rights the ship somewhat, we will be better off. We cannot sustain the wasteful spending and deficit we were building annually. Something has to be done. If you can't see that, the two parties are farther apart than ever. Time will tell whether this is successful and nothing we say on this forum will change that. At least have the foresight to give this some time before you yell the sky is falling. It is not that hard. so VW can fire up production next week? good that should help us out your assessment is valid but i dont have time glad you are doing well in this climate I am not doing well in this climate and I doubt most Americans are. 2024 was the worst year in my entire work history BUT I know/believe that we cannot just continuously go on like we have for the last 20-30 years. Someone has to take bold action before it is too late. The way I look at it, this was coming now or worse later. All I can do is pray and hope we elected the right man to put us on a sustainable course for a better future. sorry about 2024 i do not have a good feeling about this at all i truly believe he is playing a game with Americans, his track record is not good at all
|
|
Re: How low will it go
[Re: butch sanders]
#15368666
04/03/25 08:44 PM
|
Joined: Jun 2012
Posts: 6,851
Wool E. Booger
TFF Celebrity
|
TFF Celebrity
Joined: Jun 2012
Posts: 6,851 |
Yes, some will. Volkswagen has over capacity in TN and will shift lines from Mexico to TN. Other auto makers are doing the same.
This is a short term pain to get equal and fair trade practices with all other countries.
The reduction in BS spending being identified by DOGE along with the equalization of tariffs world wide, and coming growth, will put us in a place we have never seen. Even if it rights the ship somewhat, we will be better off. We cannot sustain the wasteful spending and deficit we were building annually. Something has to be done. If you can't see that, the two parties are farther apart than ever.
Time will tell whether this is successful and nothing we say on this forum will change that. At least have the foresight to give this some time before you yell the sky is falling. It is not that hard.
so VW can fire up production next week? good that should help us out your assessment is valid but i dont have time glad you are doing well in this climate I am not doing well in this climate and I doubt most Americans are. 2024 was the worst year in my entire work history BUT I know/believe that we cannot just continuously go on like we have for the last 20-30 years. Someone has to take bold action before it is too late. The way I look at it, this was coming now or worse later. All I can do is pray and hope we elected the right man to put us on a sustainable course for a better future. sorry about 2024 i do not have a good feeling about this at all i truly believe he is playing a game with Americans, his track record is not good at all Which track record are you speaking of??? The one where he had one, if not the best economies in history paired with one of the best stock market periods in recent memory? That track record? I’m willing to give the man a chance to right the ship. One thing for sure…the path we were on was leading to the self destruction of this nation.
|
|
Re: How low will it go
[Re: The Searchers]
#15368668
04/03/25 08:45 PM
|
Joined: Aug 2008
Posts: 1,960
CaptainCrunch
Extreme Angler
|
Extreme Angler
Joined: Aug 2008
Posts: 1,960 |
I don’t know what the answer is but me losing thousands every hour has the sucks written all over it. You should embrace all the winning.
|
|
Re: How low will it go
[Re: The Searchers]
#15368669
04/03/25 08:45 PM
|
Joined: Mar 2005
Posts: 44,497
butch sanders
TFF Guru
|
TFF Guru
Joined: Mar 2005
Posts: 44,497 |
it does no good to point out facts to you ^
|
|
Re: How low will it go
[Re: butch sanders]
#15368675
04/03/25 08:54 PM
|
Joined: Jun 2012
Posts: 6,851
Wool E. Booger
TFF Celebrity
|
TFF Celebrity
Joined: Jun 2012
Posts: 6,851 |
it does no good to point out facts to you ^
I would absolutely love to have “facts” pointed out to me. Something, anything other than hyperbole and the usual “he’s a racist, Nazi, Hitler, threat to democracy, misogynist, rapist, etc nonsense that bears no factual evidence whatsoever.
|
|
Re: How low will it go
[Re: Scoundrel]
#15368680
04/03/25 08:58 PM
|
Joined: Apr 2021
Posts: 582
Marion Morrison
Pro Angler
|
Pro Angler
Joined: Apr 2021
Posts: 582 |
Why do tariffs cause the stock market to crash? Do investors not understand? hardly a crash  Agreed. S&P is down 4.84% today. Not good, but far from the 20% we experienced in 1987, 2007-8, and 2020 (covid). I hope this thing bottoms quickly. As a side note, all the referenced rebounded in a relatively short time. 1929 was bad for a long time (through the 1930's) and really took a world war to get us out of it. Because we consume so much imported product, I agree with what we are being told, other countries will not have the staying power to sweat this out for long and most of these tariffs will be renegotiated relatively quickly. If not, US companies will begin to ramp up domestic production as time goes on. This will take some time but I can't help but look at history. When Pearl Harbor was attacked, it wasn't long (maybe 18 to 24 months) and we were producing more war products than any other country in the world. The US economy is unbelievably resilient. Look at all the boneheaded decisions we survived the last 20 years with over spending, over regulation, and over taxation. I always thought the economy would have cratered years ago and we still grew. Either way this goes, something had to be done sooner or later to try and right the ship.
|
|
Re: How low will it go
[Re: Wool E. Booger]
#15368682
04/03/25 09:04 PM
|
Joined: Mar 2005
Posts: 44,497
butch sanders
TFF Guru
|
TFF Guru
Joined: Mar 2005
Posts: 44,497 |
it does no good to point out facts to you ^
I would absolutely love to have “facts” pointed out to me. Something, anything other than hyperbole and the usual “he’s a racist, Nazi, Hitler, threat to democracy, misogynist, rapist, etc nonsense that bears no factual evidence whatsoever. thats not my list but thanks for pointing all that out
|
|
Re: How low will it go
[Re: MBradford]
#15368685
04/03/25 09:05 PM
|
Joined: Dec 2011
Posts: 4,529
JCBYEN
TFF Team Angler
|
TFF Team Angler
Joined: Dec 2011
Posts: 4,529 |
|
|
Re: How low will it go
[Re: Marion Morrison]
#15368703
04/03/25 09:36 PM
|
Joined: Nov 2015
Posts: 2,400
Quillback
Extreme Angler
|
Extreme Angler
Joined: Nov 2015
Posts: 2,400 |
Why do tariffs cause the stock market to crash? Do investors not understand? hardly a crash  Agreed. S&P is down 4.84% today. Not good, but far from the 20% we experienced in 1987, 2007-8, and 2020 (covid). I hope this thing bottoms quickly. As a side note, all the referenced rebounded in a relatively short time. 1929 was bad for a long time (through the 1930's) and really took a world war to get us out of it. Because we consume so much imported product, I agree with what we are being told, other countries will not have the staying power to sweat this out for long and most of these tariffs will be renegotiated relatively quickly. If not, US companies will begin to ramp up domestic production as time goes on. This will take some time but I can't help but look at history. When Pearl Harbor was attacked, it wasn't long (maybe 18 to 24 months) and we were producing more war products than any other country in the world. The US economy is unbelievably resilient. Look at all the boneheaded decisions we survived the last 20 years with over spending, over regulation, and over taxation. I always thought the economy would have cratered years ago and we still grew. Either way this goes, something had to be done sooner or later to try and right the ship. I agree, there will be pain, but in the long run this will be beneficial. To continue on the path we were on is crazy, change had to happen.
|
|
Re: How low will it go
[Re: Quillback]
#15368716
04/03/25 09:45 PM
|
Joined: Oct 2006
Posts: 104,296
Bigbob_FTW
Big Sprocket Bob
|
Big Sprocket Bob
Joined: Oct 2006
Posts: 104,296 |
Why do tariffs cause the stock market to crash? Do investors not understand? hardly a crash  Agreed. S&P is down 4.84% today. Not good, but far from the 20% we experienced in 1987, 2007-8, and 2020 (covid). I hope this thing bottoms quickly. As a side note, all the referenced rebounded in a relatively short time. 1929 was bad for a long time (through the 1930's) and really took a world war to get us out of it. Because we consume so much imported product, I agree with what we are being told, other countries will not have the staying power to sweat this out for long and most of these tariffs will be renegotiated relatively quickly. If not, US companies will begin to ramp up domestic production as time goes on. This will take some time but I can't help but look at history. When Pearl Harbor was attacked, it wasn't long (maybe 18 to 24 months) and we were producing more war products than any other country in the world. The US economy is unbelievably resilient. Look at all the boneheaded decisions we survived the last 20 years with over spending, over regulation, and over taxation. I always thought the economy would have cratered years ago and we still grew. Either way this goes, something had to be done sooner or later to try and right the ship. I agree, there will be pain, but in the long run this will be beneficial. To continue on the path we were on is crazy, change had to happen. There was no chance for a soft landing from last administrations harm to the economy. Rip off the bandaid and let's move on.
![[Linked Image]](https://texasfishingforum.com/forums/pics/usergals/2017/07/full-20284-169975-biyl8lail.jpg)
|
|
Moderated by banker-always fishing, chickenman, Derek 🐝, Duck_Hunter, Fish Killer, J-2, Jacob, Jons3825, JustWingem, Nocona Brian, Toon-Troller, Uncle Zeek, Weekender1
|