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#2651 |
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Grey Dog Software
Join Date: Nov 2000
Location: Phoenix, AZ by way of Belleville, IL
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Most major banks/economists have the S&P hitting 6600+ by the end of the year. We are low unemployment (4%), inflation is back under 3%, GDP is still growing over 2% and all this with fairly high interest rates (compared to the past 4-5 years). If we do slow down a bit, they can cut rates. If we don't, then the market should plod along to that 6600 number. Either way, we should be OK.
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#2652 | |
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Coordinator
Join Date: Nov 2013
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Quote:
Please Trump! Stop with all this winning! I can't take it no more!
__________________
I tried, it worked! |
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#2653 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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I see things are being made great again.
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#2654 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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Today is the last day of the quarter and I just heard, not surprisingly, it has been the worst quarter in 3 years.
so much winning. |
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#2655 |
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Resident Alien
Join Date: Jun 2001
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Good time to be invest overseas.
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#2656 |
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Coordinator
Join Date: Sep 2004
Location: Chicagoland
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Since The Great Depression, there has been no Republican President who has not had at least one Recession start during their administration.
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#2657 | |
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Hall Of Famer
Join Date: Nov 2000
Location: The State of Insanity
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Quote:
and yet the R's are considered the responsible party when it comes to eco...
__________________
Check out Foz's New Video Game Site, An 8-bit Mind in an 8GB world! http://an8bitmind.com |
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#2658 |
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General Manager
Join Date: Jul 2001
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#2659 |
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Coordinator
Join Date: Nov 2006
Location: Puyallup, WA
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Which is crazy because they own recessions, have far lower job growth, and own most of the national debt. There isn't really a single positive economic indicator in the GOPs favor going back to the 1930s.
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#2660 |
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Hall Of Famer
Join Date: Nov 2002
Location: Newburgh, NY
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Have to give Trump credit for doing something thought impossible. Reuters is reporting that China, Japan, and South Korea will respond jointly to any Trump tariffs.
__________________
To love someone is to strive to accept that person exactly the way he or she is, right here and now.. - Mr. Rogers |
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#2661 |
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Resident Alien
Join Date: Jun 2001
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Oh god. S&P 500 is down 7% this morning. It's the tariff-mageddon!
Last edited by Kodos : 04-01-2025 at 09:37 AM. |
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#2662 | |
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Coordinator
Join Date: Nov 2013
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Quote:
You literally almost gave me a heart attack.
__________________
I tried, it worked! |
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#2663 |
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Resident Alien
Join Date: Jun 2001
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#2664 |
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Head Coach
Join Date: Oct 2000
Location: North Carolina
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Kodos: [Posts that the market is down 7% on April Fools Day]
Trump: [Is President] Me: [100% fooled. Indeed feels only mild surprise at the news.] What a world. |
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#2665 |
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Resident Alien
Join Date: Jun 2001
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It does seem all too plausible. Almost inevitable.
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#2666 |
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Head Coach
Join Date: Nov 2003
Location: Morgan Hill, CA
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NewsMax becoming a meme stock is fitting since its a meme based entity
__________________
Fan of SF Giants, 49ers, Sharks, Arsenal |
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#2667 | |
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Coordinator
Join Date: Nov 2013
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Quote:
This unfortunately might be true by tomorrow morning. Right now S&P futures are down 3.5%
__________________
I tried, it worked! |
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#2668 |
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Resident Alien
Join Date: Jun 2001
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That had occurred to me. Hopefully not…
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#2669 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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DOW futures down over 1,000
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#2670 |
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College Starter
Join Date: Oct 2020
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Elon musk allegedly loses a billion dollars for about every 2.50 drop in Tesla. So he's down about 10 billion in 5 hours.
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#2671 |
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General Manager
Join Date: Jul 2001
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#2672 |
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General Manager
Join Date: Jul 2001
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That was prior to the actual tariff announcement which seems even more extreme than expected
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#2673 |
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College Starter
Join Date: Oct 2020
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Markets are only down 3-4% overnight.
So much winning. |
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#2674 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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Market open down 1200 points.
So much winning |
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#2675 |
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Head Coach
Join Date: Nov 2003
Location: Morgan Hill, CA
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Fucking morons
__________________
Fan of SF Giants, 49ers, Sharks, Arsenal |
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#2676 |
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College Starter
Join Date: Oct 2000
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The Dow is going to go below 40,000! This has to be one of the dumbest things ever done. One of the biggest self owns in history.
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#2677 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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1500 now.
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#2678 | |
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Head Coach
Join Date: Dec 2002
Location: Maryland
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Quote:
It's either dumb or a tactic. Or both. @chrismurphyct.bsky.social on Bluesky
__________________
null |
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#2679 |
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Head Coach
Join Date: Nov 2003
Location: Morgan Hill, CA
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On days like this it is always funny to go on certain websites to see what they are saying.
Checks FoxNews…Dow crashing 1500 points due to an orange man’s stupidity is currently the 12 most important story on their feed on mobile, below four sections of ads and the weather.
__________________
Fan of SF Giants, 49ers, Sharks, Arsenal |
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#2680 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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https://abcnews.go.com/Politics/live.../?id=120449471
Wonder how many of these people voted for Trump... |
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#2681 |
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hates iowa
Join Date: Oct 2010
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Is it true Fox News removed their Dow ticker lol
Last edited by sovereignstar v2 : 04-03-2025 at 11:01 AM. |
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#2682 |
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Hall Of Famer
Join Date: Nov 2000
Location: The State of Insanity
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Gamers are yelling at Nintendo's thing to drop the price of the games and the switch 2.. did they really think Nintendo wasn't going to pass on the 32% Tariff (Taiwan)/34% Tariff (Japan) on to customers?
__________________
Check out Foz's New Video Game Site, An 8-bit Mind in an 8GB world! http://an8bitmind.com |
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#2683 |
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College Starter
Join Date: Oct 2020
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You can find the dow ticker on a linked article on Fox Business, but not Fox news.
I had to do vpn and incognito mode so I didn't risk fucking up my algorithm. Last edited by Ghost Econ : 04-03-2025 at 12:24 PM. |
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#2684 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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can find what?
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#2685 | |
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College Starter
Join Date: Jan 2001
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Quote:
I don't think this has even been baked into the price yet. Switch 2 announcement was yesterday, the presentation was probably prepared weeks in advance, and the tariffs were announced yesterday. Also, they've been in production for some time now, so it's very likely that a large portion of the launch units are already in country. |
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#2686 |
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Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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#2687 | |
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Hall Of Famer
Join Date: Nov 2000
Location: The State of Insanity
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Quote:
The tariffs have been promised for months, maybe not this much. But for games going forward (produced outside the nation), etcetera. Just absolutely bananas.
__________________
Check out Foz's New Video Game Site, An 8-bit Mind in an 8GB world! http://an8bitmind.com |
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#2688 | |
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College Starter
Join Date: Jan 2001
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Quote:
I work in the industry, and every physical game is produced outside the nation. Switch cartridges are produced in Japan, PS5 discs are built in Austria and assembled in the USA, and XBSX either Germany or Mexico depending on which replicator is used. |
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#2689 |
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Head Coach
Join Date: Oct 2000
Location: North Carolina
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Foxnews.com has the ticker. Their current headline is "Trump's tariffs already have some countries crawling back to negotiate — while others make threats"
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#2690 |
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Head Coach
Join Date: Nov 2003
Location: Morgan Hill, CA
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Hopefully these other countries don't give into the extortion attempts
__________________
Fan of SF Giants, 49ers, Sharks, Arsenal |
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#2691 |
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Resident Alien
Join Date: Jun 2001
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I saw red,
When I looked at Markets Now, I saw red, Investments fell right through the floor... Last edited by Kodos : 04-03-2025 at 01:23 PM. |
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#2692 |
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College Starter
Join Date: Jan 2001
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Countries need to act like they're holding Gamestop stock. DIAMOND HANDS! Don't cave.
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#2693 |
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College Starter
Join Date: Jan 2001
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#2694 |
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Grey Dog Software
Join Date: Nov 2000
Location: Phoenix, AZ by way of Belleville, IL
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One more week until things begin the process of recovering (may take a while -who knows). I've been buying on these deep red days thinking my 2026 self will be happy I did. 12-15% is usually the dip on SPY when the market freaks out. We are almost at 13% now.
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#2695 | |
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Coordinator
Join Date: Nov 2003
Location: PNW
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Quote:
Don't worry regardless of physical or digital they will raise the price of games... |
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#2696 |
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General Manager
Join Date: Jul 2001
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I just dont see it. These arent typical times. Im an avid board gamer and these are likely going to decimate if not largely destroy the board game industry in the US if the tariffs hold up. I imagine there are many more industries similarly effected. I dont see a recovery any time soon unless the tariffs are walked back significantly.
Last edited by Danny : 04-03-2025 at 03:18 PM. |
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#2697 |
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Hall Of Famer
Join Date: Nov 2000
Location: The State of Insanity
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two articles 11 minutes apart on the Yahoo Finance feed:
Bloomberg: "Trump Tarriffs wipe out $2.5 trillion from US stock market" Yahoo Finance: "Trump says tariff rollout 'going very well' amid market turmoil"
__________________
Check out Foz's New Video Game Site, An 8-bit Mind in an 8GB world! http://an8bitmind.com |
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#2698 | |||
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General Manager
Join Date: Oct 2005
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Quote:
Thanks for the inspiration. Chatgpt haiku Quote:
Quote:
Last edited by Edward64 : 04-04-2025 at 12:52 AM. |
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#2699 | ||
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General Manager
Join Date: Oct 2005
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Quote:
Looks like a recession is back on. reuters.com Quote:
Has there ever been a President that has purposely caused a recession in the first 6 months? |
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#2700 |
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Hall Of Famer
Join Date: Nov 2002
Location: Newburgh, NY
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Looks like we can expect a rough beginning to the day. Futures are down 3% or so.
__________________
To love someone is to strive to accept that person exactly the way he or she is, right here and now.. - Mr. Rogers |
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