Control Panel: Will stocks continue to rebound?

[buynholdisdead]

@DrBob2

Also down are big pharma stocks on price control stories.

Oil up that surprises me and yields up also. More Inflation?

[steve203]

@buynholdisdead

there has to be a good entry on them because you know the Executive order is not going to hold up.

It’s not whether the EO will stand legal scrutiny. We are seeing that what the courts decide is pretty irrelevant. It’s a matter of whether the drug price EO is another shake-down, or not.

Steve

[buynholdisdead]

@steve203

It’s a matter of whether the drug price EO is another shake-down, or not.

It’s definetly a shake down, nothing a gold vase or statue won’t take care of.

[DrBob2]

@buynholdisdead

Oil up, that surprises me…

If there isn’t going to be a recession then demand for oil won’t hit the skids.

DB2

[buynholdisdead]

@DrBob2

If there isn’t going to be a recession then demand for oil won’t hit the skids.

True but we have so much oil and Trump wants to keep the price down.

[steve203]

[quote=“buynholdisdead, post:43, topic:116165, full:true”]
[quote=“steve203, post:42, topic:116165”]
It’s a matter of whether the drug price EO is another shake-down, or not.
[/quote]

It’s definetly a shake down, nothing a gold vase or statue won’t take care of.
[/quote]

Interestingly, my Merck shares are up 4% this morning.

Steve

[buynholdisdead]

@steve203

Interestingly, my Merck shares are up 4% this morning.

MRK is doing well today and LLY is coming back. Maybe it was a head fake?

[steve203]

@buynholdisdead

MRK is doing well today and LLY is coming back. Maybe it was a head fake?

Maybe the market is getting used to the playbook? Draconian moves are nothing but a shakedown?

Steve

[steve203]

@buynholdisdead

MRK is doing well today and LLY is coming back. Maybe it was a head fake?

I have been trying to make sense of bubblevision’s report on the drug EO.

Some thing stick out, like this:

He added that “it was really the countries that forced Big Pharma to do things that, frankly, I’m not sure they really felt comfortable doing.”

The order directs the Office of the U.S. Trade Representative and the Department of Commerce to crack down on “unreasonable and discriminatory policies” in foreign countries that “suppress” drug prices abroad, the officials said.

Trump signs order aiming to cut some U.S. drug prices to match lower ones abroad

So, is he lowering drug prices in the US, or trying to force other countries to pay more? USians receiving “the lowest price in the world”, is not so impressive, if the foreign price is double or triple what it used to be. And big pharma makes more loot than ever?

Steve

[MarkR]

@buynholdisdead

True but we have so much oil and Trump wants to keep the price down

But perhaps not down so much that US producers stop producing (because they won’t make enough money) and end up selling less.

[thegreatdane]

@steve203

crack down on “unreasonable and discriminatory policies” in foreign countries that “suppress” drug prices abroad

I think that translates to, “…crack down on collective bargaining in other countries so pharma companies can raise prices there.”

That way, if he can ‘lower prices’ a bit here pharmas will more than make up for it in other countries.

He’ll look the hero, whilst buggering our allies.

He thinks he rules the world and can make other countries pay for his grift and graft.

Same old same old. Leopards don’t change their spots.

[steve203]

@thegreatdane

He thinks he rules the world and can make other countries pay for his grift and graft.

Same old same old. Leopards don’t change their spots.

Same playbook he has been using: USians are the victim of foreigners, so he will make the foreigners pay. They’ll pay for the wall. They’ll pay the tariffs. They’ll pay more for drugs.

Steve

[mschmit]

@OrmontUS

As far as the water barrier to escapees is concerned, I know an 80-something year old guy who swims to Alcatraz and back each year on his birthday (though admittedly, both he and his wife have been extreme athletes all their lives).

I think you are proposing a cost cutting idea and a movie plot!
a. Don’t upgrade Alcatraz
b. Every month during full moon bring a boat load of convicts to Alcatraz and drop them off at midnight
c. If they swim to SF they are free to go, otherwise we fish the bodies out of the bay

Mike

[buynholdisdead]

@mschmit

c. If they swim to SF they are free to go, otherwise we fish the bodies out of the bay

Why would we do that when we have sharks that can just Hoover them up.

(Get it Hoover, President during the Smoot–Hawley Tariff Act)

[steve203]

@mschmit

I think you are proposing a cost cutting idea and a movie plot!

Reopening “the rock” is for show. Make it out to be the most horrible place, that is in the control of the Bureau of Prisons. A USian “Devil’s Island”. Don’t send real criminals there. Send people there who are guilty of not being white, or of speaking against the agenda of the regime, so they will be on display as a warning to anyone else who might think about not toeing the line. Meanwhile, the real criminals go to the existing Supermax in Colorado.

Steve

[Leap1]

@buynholdisdead

Oil up that surprises me and yields up also. More Inflation?

Depends 30% tariffs on China are high.

After the period is up where do the tariffs go? Certainly not down further.

The supply chains from China are a mess. The 30% period might be more than half over by the time the first shipments of the new production in China happen.

No one trusts what they don’t know.

[buynholdisdead]

@Leap1

No one trusts what they don’t know.

That is the whold problem Leap. We just have no clue what is going to happen with them. They could go down to 10% or he could blow up and back to 145%. It has to be a really trying time for a business owner. But it looks like this whole Tariff thing was just one big scam. Would you say Trump just loves chaos? I knew people like that in the Union, jumping from issue to issue always in the thick of it almost like a chaos junky.

[Leap1]

The Compq is good till 20250, right now around 18966.

1300

After that it is very high risk because the wheels have fallen off China. It is like the wheels falling off America in 1929. The European economies were not far behind. While Germany was in a depression…

Great Britain struggled with low growth and recession during most of the second half of the 1920s. The country did not slip into severe depression, however, until early 1930, and its peak-to-trough decline in industrial production was roughly one-third that of the United States.Apr 24, 2025

The Great Depression in France started in about 1931 and lasted through the remainder of the decade. The crisis started in France a bit later than other countries.