You are being “trickled on” by the billionaires.
You pay billions, they collect it. The billionaires do not pay taxes on that money.
IRS stripped of the people needed to do proper audits of complex returns.
Is that yellow pool of water (?) you are standing in deep enough YET?
Dear Jerry,
Look at the futures. I have not seen the indexes ever that red.
You must be the new guy. I think they experienced several larger “red” days in 2000 and 2008
Dear Corelli,
Very possibly. But I am so old my memory is fading.
Now that is funny. I can only hope for 2008 again.
Bingo and we have the winners
WTG Andy
HA, yes. Anybody with extra coin on the side might find several good buy-in points. And if we get the inflation I keep hearing about even MMF’s and CD’s will be paying real money in the mean time
Dear Corelli,
We won’t be getting inflation. That is not how this works. That is how reporters know nothing and spread it.
Yields will head much higher after the tax cut. Trump keeps giving.
And 87…plus some drivel
Steve
Dear Steve,
Fasten your seatbelt.
The tax cut will take the cake.
So we will be getting inflation just later? Don’t blame reporters. If they don’t know anything they can’t make it up. They’d have to know something about it to make it up. They are reporting from those who are saying. If the tariffs are supposed to raise prices and cause shortages how will that not cause inflation? Unless you are using inflation as a monetrist term. Then, yes, it’s just price increases.
Dear Corelli,
“deflation” and the years:
1893
1921
1922
1929
For US references to tariffs, deflation, and economic depressions.
NPR tonight is reporting “economists” expect inflation. The reporters are not alone.
People will love the deflation but worry about working at all or being paid.
Ignore the noise. We will be in a golden age soon with a balanced budget, companies insourcing (15% corporate tax + no tariffs), deregulation and AI productivity coming.
Markets will soar.
Oh, now I get the meaning of golden, in our new golden age.
Thank you.
And combine that with our leadership’s unifying tone to bring everyone together.
What’s not to like?
You’re holding the charts upside down.
Dear Mostlylong,
The report is motivated by the coming corporate tax cut.
Which will sink the bond market. Boost yields. Sink the stock market. That is right you have not seen the end of stock market declines.
Meanwhile the retail investors with Goldman are fully invested.
Don’t sell. Mr. Market is jittery. This is how people panic and poor get poorer.
Markets will soar. They always do.
Buy great companies at fair prices. I am buying.
Just the guy I want to follow.
Never buy while the knife is still falling. It’s like throwin money into a fire.
Yeah, but I liked his post to encourage him.
He also deserves a blue ribbon for participation.
I am not worried about him but if he influences one person to buy today that would be a travesty. Nobody gets a participation ribbon in this economy, you need to have a plan and keep a level head.