My Portfolio Today

Over 70 countries agreed to negotiate & President Trimp agreed to pause the tariffs. The EU has made a solid offer. It is called negotiations. Try to keep up. 

March inflation was down. 


Jamie Dimon and Goldman pulled back their recession forecasts. Try to keep up. 

Edited on Apr 10, 2025 11:10am

But what is David M. Buffet saying?  

Originally posted by: tom

Over 70 countries agreed to negotiate & President Trimp agreed to pause the tariffs. The EU has made a solid offer. It is called negotiations. Try to keep up. 

March inflation was down. 


Jamie Dimin and Goldman pulled back their recession forecasts. Try to keep up. 


😂 show us the deals he negotiated Tom. Nevertheless, I give you props as I have never seen a guy work so hard to polish a turd.

 

Here is a hint Trump needs the tarrifs to fund his big spending and he is not planing to give them up. There was some reporting that said Trump was fine with a recession but when he was told after the sell off of the T Bills we could enter a depression the likes of which haven't been seen since 1929.

 

 

That is exactly what happened. 

 

And was Trump actually touting the big surge yesterday?  Because if that is true, then he is a bigger idiot than I even thought.  And it was a very low bar to start with.  (Crickets today I'm sure though)  

Edited on Apr 10, 2025 9:23am

Originally posted by: Mark

😂 show us the deals he negotiated Tom. Nevertheless, I give you props as I have never seen a guy work so hard to polish a turd.

 

Here is a hint Trump needs the tarrifs to fund his big spending and he is not planing to give them up. There was some reporting that said Trump was fine with a recession but when he was told after the sell off of the T Bills we could enter a depression the likes of which haven't been seen since 1929.

 

 


Mark should try following the news. 

Also Bloomberg pulled back their recession forecast. 

Tom the only thing I have seen are concepts of a deal and no actual deals. Trump said today they haven't closed any deals.

 

Prehaps, you can provide a link to one of these deals you are claiming?

 

 Eventually, I am sure he will get a few token deals but the problem is Trump needs the tariff money to fund the 5+ trillion in new spending he wants to do.

 

 How good of a deal do you think he is going to get when he tells these countries they are going to have accept new tariffs no matter what kind of deal we cut?

 

China is trying to cut trade deals right now with our traditional trade partners. 

Edited on Apr 10, 2025 12:57pm
Originally posted by: Mark

Tom the only thing I have seen are concepts of a deal and no actual deals. Trump said today they haven't closed any deals.

 

Prehaps, you can provide a link to one of these deals you are claiming?

 

 Eventually, I am sure he will get a few token deals but the problem is Trump needs the tariff money to fund the 5+ trillion in new spending he wants to do.

 

 How good of a deal do you think he is going to get when he tells these countries they are going to have accept new tariffs no matter what kind of deal we cut?

 

China is trying to cut trade deals right now with our traditional trade partners. 


Australia refuses to 'join hands' with China to fight US tariffs  --https://www.foxbusiness.com/politics/australia-refuses-join-hands-china-fight-us-tariffs  --- 

You don't say.    Tariffs went from 50% to 10% and analysts grades went from "apocalypse" to just "holy shit"

 

Trump set the house on fire then saw how bad it was so he put part of it out.    And now he wants an award for that.   

Americans just had their taxes raised by 10% without Congress.    They go up and down based upon what kind of bipolar seizure Donny wakes up with...and who is being nice to him.    God help us.

Edited on Apr 10, 2025 1:22pm
Originally posted by: PJ Stroh

You don't say.    Tariffs went from 50% to 10% and analysts grades went from "apocalypse" to just "holy shit"

 

Trump set the house on fire then saw how bad it was so he put part of it out.    And now he wants an award for that.   

Americans just had their taxes raised by 10% without Congress.    They go up and down based upon what kind of bipolar seizure Donny wakes up with...and who is being nice to him.    God help us.


    Someone get PJ a tissue....

Americans just had their taxes raised by 10%

 

As usual pj is wrong but you can't blame him because he only reads the democrat media, who lies.

 

Lets break it down.

 

The US GDP is $30T of which $7T is imports That is 23%, but lets round it up to 25%.  If a family spends $4,000 per month assume $1,000 is imported goods.  The $1k gets the 10% tariff for an increase of $100 or 2.5%.  So the real increase is 2.5% not the 10% that pj and the media are claiming.

Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now