I don't care what a bunch of dumb people think, Butch. Purdue fans also think they're better than IU. Guess what? They're wrong and idiots as well. It's been a really good 1st year.
If the midterms matter, Snarl, you need to care because early voting starts in just eight months and these kinds of numbers point to a disaster for Republicans in November.
Out for now. Have a great day.
@twenty I agree they want a weaker dollar. If you want to make the argument they're trying to speed it up, that's fair. U.S. markets are still wildly overvalued compared to long term averages and this was always going to happen at some point. Smart money isn't going to be loading up on U.S. equities when they're running 300-400% of GDP. They'll just leave us passive investors holding the bags, "It's Friday, of course I have to buy a grocery store with a 80 P/E. They have a great cheap Hot Dog deal🌭"
I don't care what a bunch of dumb people think, Butch. Purdue fans also think they're better than IU. Guess what? They're wrong and idiots as well. It's been a really good 1st year.
If the midterms matter, Snarl, you need to care because early voting starts in just eight months and these kinds of numbers point to a disaster for Republicans in November.
Out for now. Have a great day.
I mentioned it previously. I don't think the polling is very accurate and put little stock in them. I do think the GOP wins the Senate and House goes to the Democrats. You have a great day as well.
Let us add in that every month since tariffs were announced has had jobs in manufacturing decline.
@arthur-dent Hate tariffs more and more by the day. I will also add that some things are done overseas then finished in the states. Tariffs makes that more economically difficult for U.S. companies to handle. I guarantee tariffs are shutting down an obscene amount of small businesses.
@arthur-dent Hate tariffs more and more by the day. I will also add that some things are done overseas then finished in the states. Tariffs makes that more economically difficult for U.S. companies to handle. I guarantee tariffs are shutting down an obscene amount of small businesses.
The Russell 2000 is really struggling and unemployment is through the roof😉 I'm joking. Neither of those things are happening. Mrs. Washburn stick to the tinis and let Mr. Washburn bring home the bacon.
WTF would anyone want to come to a dying empire? Anyone who reads and understands history knows where we are headed. And it ain't good.
In addition to all that, it's currently cheaper to go to a lot of tourists places outside the US than some of the top US destinations. Why pay more to visit a place under civic unrest and political turmoil? On top of that, if you don't look WASPy enough, YOU might get entangled in a bad situation here as a foreign tourist.
What place does one want to visit that has civic unrest and political turmoil? Please leave the basement. Oh wait. Don't leave the basement.
@snarlcakes From AI
- Surging Costs: Total tariff costs for small business importers more than tripled to an average of $36,000 per month.
- Projected Burden: If 2025 trends persist, small businesses could face over $500,000 in annual tariff costs in 2026.
- Job Loss & Survival: In November 2025, businesses with fewer than 50 employees laid off 120,000 workers, the highest in five years.
- Small Business Exposure: Over 97% of companies importing goods are small businesses, making them highly vulnerable to tariff-induced "whiplash".
- Price Increases: Small firms expect to cover roughly 54% of these increased costs by raising prices for consumers, which may lower demand.
- Industry Impact: Small manufacturers are particularly vulnerable, facing higher costs for imported components and parts, which erode their competitive advantage.
It's a great question for political scientists. Everyone has a different theory/belief.....
I'm not sure what can be done at this point. But it's not like this is the first time in US history where we've had such massive division and dysfunction. Unfortunately, usually takes big wars to break out of it.
@snarlcakes From AI
Key Impacts and Data (2025-2026):
- Surging Costs: Total tariff costs for small business importers more than tripled to an average of $36,000 per month.
- Projected Burden: If 2025 trends persist, small businesses could face over $500,000 in annual tariff costs in 2026.
- Job Loss & Survival: In November 2025, businesses with fewer than 50 employees laid off 120,000 workers, the highest in five years.
- Small Business Exposure: Over 97% of companies importing goods are small businesses, making them highly vulnerable to tariff-induced "whiplash".
- Price Increases: Small firms expect to cover roughly 54% of these increased costs by raising prices for consumers, which may lower demand.
- Industry Impact: Small manufacturers are particularly vulnerable, facing higher costs for imported components and parts, which erode their competitive advantage.
These added expenses have caused many, such as boutique retail and manufacturing, to exhaust "rainy-day" funds to cover inventory, with some owners stating the costs could force them out of business entirely.Later 2026 and 2027 will be bad, bad news for small business. Let's pin this post. I see the costs of the Trump Tariffs literally every day.
I don't know what bad means, but I do know everyone already said inflation would take off and the economy would roll over. Neither of those things happened. I'll maintain my prediction that 2026 is going to be a really good year for the economy. I think we will get 4%+ growth and 2% inflation. The opposite of bad.
It's a great question for political scientists. Everyone has a different theory/belief.....
I'm not sure what can be done at this point. But it's not like this is the first time in US history where we've had such massive division and dysfunction. Unfortunately, usually takes big wars to break out of it.
I agree, but why the mass division?
Civil War - result of unresolved slavery issue from original founding that finally came to a head, and the economic realities of a South w/o slaves.
Great Depression - unfettered capitalism leading to societal decay and economic castastrophe assisted by climate factors in the midwest/plains.
60's - Vietnam War, interventionism, civil rights
Today - ??
Sure, Trump's divisive. Biden was braindead. A lot of people blame Obama but I think that's a copout. No president ever caused the disrutpion above. They were societal ills. So what is the issue today that so divides left and right? Trans? No. Abortion? No. Death of demoracy? overblown nonsense. I think there's something deeper - the K shaped economy, wealth inequality growing - but is that even left v right? Doesn't seem so in my mind.
Very strange.
It's a great question for political scientists. Everyone has a different theory/belief.....
I'm not sure what can be done at this point. But it's not like this is the first time in US history where we've had such massive division and dysfunction. Unfortunately, usually takes big wars to break out of it.
I agree, but why the mass division?
Civil War - result of unresolved slavery issue from original founding that finally came to a head, and the economic realities of a South w/o slaves.
Great Depression - unfettered capitalism leading to societal decay and economic castastrophe assisted by climate factors in the midwest/plains.
60's - Vietnam War, interventionism, civil rights
Today - ??
Sure, Trump's divisive. Biden was braindead. A lot of people blame Obama but I think that's a copout. No president ever caused the disrutpion above. They were societal ills. So what is the issue today that so divides left and right? Trans? No. Abortion? No. Death of demoracy? overblown nonsense. I think there's something deeper - the K shaped economy, wealth inequality growing - but is that even left v right? Doesn't seem so in my mind.
Very strange.
Don't worry about the problem, you already know the answer.......
@larsiu I think it's most entirely economic frustration. But the solutions thrown about will only make it worse. Both parties now seem to believe we can interject govt power to increase standard of living. That's never worked in history.
Most Americans are just upset with the reality that we aren't special, and we were never going to maintain widespread globally superior standard of living that existed coming out of WW2.
I have never seen our country so divided about truly fundamental issues. We have a socialist in charge of our largest city.
And this division appears to be equal, which when the beliefs are so polar is not a good thing.
People have Trump Derangement Syndrome. This isn’t a troll or hyperbole it’s fact. It colors how we see things. It is my hope that when he is out of office we get a bit of a reset. I think thereafter we’ll better be able to gauge where things stand.
International equities have outperformed US equities by over double over the last year.
That's what you get for having a piece of shit protectionist President. And it's just the beginning for the pain to come on the path we are down.
Get ready to get a lot poorer. Idiocracy is in full effect. The pain that's about to rain down on a dumbass Trump voters is just starting. They will look at nominal GDP numbers, pretend they are winning, while the USD falls so hard they won't understand why they can't afford to buy anything like they used to.
It has very little to do with Trump. The U.S. stock mkt cap relative to the U.S. GDP hasn't been this high since I think 1929. It's a scary chart. Buffet says over a 100% is a bubble. We're over 200% currently. Trees don't grow to the moon or maybe it's different this time.
I'm not sure an indicator of the SP500 to US GPD has a lot of value. The index is dominated by global behemoths that get over half their revenue from outside the US.
Maybe a ratio of Global GDP to Global Equity market cap is more relevant. But I'm sure that's even actionable.
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