Trumpcession odds are fading | Metals Mine

  • Trumpcession odds are fading

    From finance.yahoo.com

    Something important didn’t happen after President Trump said he planned to double import taxes on steel and aluminum on May 30: Markets didn’t tank. Traders took it in stride and a modest rally in stocks continued for the next several days. Markets may finally be finding solid footing as the halfway point of Trump’s first year in office nears. Stocks have recovered nearly all of the losses incurred as Trump rolled out wide-ranging tariffs in March and April that were far more severe than most investors expected. In early April, the S&P 500 index was down 16% for the year. It’s now up 2% for the year. ... (full story)

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DaJoWaBa
Jun 10, 2025 7:55am
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Quoting Trader#22A3
{quote} I've no skin in the game so nothing personal - but I believe this particular businessman oversaw 4 businesses file for chapter 11, possibly 6 if you don't count the first 3 as just one business. Just saying
Quite. Even then the businesses that scraped by, including Trump Media, were saved not by recognised Western Banks or Investors but by loans and purchases from opaque Russian Oligarch organisations.
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Trader#22A3
Jun 10, 2025 2:22am
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Quoting Trader#7907
what a shocker! A businessman is able to manage a country better than the politicians bought by PHARMA and Conglomerates.
I've no skin in the game so nothing personal - but I believe this particular businessman oversaw 4 businesses file for chapter 11, possibly 6 if you don't count the first 3 as just one business. Just saying
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Subdude
Jun 10, 2025 12:17am
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Aww, well don't get too hopeful now: https://www.newyorkfed.org/research/...q#/interactive
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Trader#7907
Jun 10, 2025 12:43am
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what a shocker! A businessman is able to manage a country better than the politicians bought by PHARMA and Conglomerates.
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Trader#B8DE
Jun 10, 2025 5:35am
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Just a sec, this is a propaganda I can't consume. Slight correction in the flow of degradation means nothing but as usual, Trump advertisers screams that this is great success (well not suprised to use Trump narration and wrods). Hold your horses. Markets just get to their real levels with not pushing to overvalue us assets, so there is no space for speculations and you saying that this is a success ? not at all - this is stagnation. Confidence in dollar is failing and now we wait if trend will continue or not (suppose not as I expect impichement if so). Fed still not cut the rates, and even if they decide the question is how much.. so stop makeing a PR magic tricks as we just avoid disaster created by single man and this is a disaster.
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valerijo
Jun 10, 2025 7:47am
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dont forget that Trump will TACO
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Trader#A934
Jun 10, 2025 8:21am
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Quoting valerijo
dont forget that Trump will TACO
We will all RIP in peace. While checking our accounts at the ATM machine. While being very OCD about it. You donk.
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