"There have been some bad weeks for bonds here and there over the careers of most anyone who's alive to read these words, but unless your career began before 1981 (and unless something changes drastically in the next 3 hours), you just lived through the worst week you've ever seen in terms of the jump in 10yr yields."
And let's not forget the beating the bond market is taking..
jackb said
Apr 11 8:18 PM, 2025
Maddog wrote:
Anyone who owns stock right now has less value in their portfolio..
That goes for a granny in Topeka or Charles Schwab..
No names then?
Not all stocks were negatively affected.
jackb said
Apr 11 9:52 PM, 2025
Vam wrote:
Maddog wrote:
Vam wrote:
jackb wrote:
I've been saying this since day one but him and Musk are pretty stupid in a lot of ways and have managed to alienate most of the world.
No one and rightly so will trust the Americans every again.
True.
Interestingly enough though, and again reported by Bloomberg Business: ‘The largest individual gainer Wednesday was Tesla CEO Elon Musk, who added $36 billion to his fortune’.
The grift is real. Securities fraud on a massive scale, right there for all to witness. They can barely be arsed to hide it anymore.
After how much in losses?
You sound like the person who spends.$20 a week on the lottery and after 30 weeks you win $100 and think you're ahead..🙄
Really? Is that what I sound like? Okay… 🤷🏻♀️
Apparently your a kook.
A few of us are it would seem.
Pass the tinfoil!
I don't know why but I see the word kook
and think of a scouse chef...
Anonymous said
Apr 11 11:14 PM, 2025
I never agree with Maddog. Ever. But I do not believe the tariffs were a money making venture for his billionaire buddies. He is obsessed with tariffs since he read some creatively sourced material saying they would mean the demise of China. He is not an intelligent or generous man, he wants to know how his billionaire buds can help him not the other way around. After all,he is the President, in his mind God on earth. He would have continued with the tariffs if they hadn't nearly trashed the global economy and if his approval ratings hadn't been going south. He has only agreed to pause them if you recall, they'll be back whatever his friends tell him.
Maddog said
Apr 11 11:34 PM, 2025
jackb wrote:
Maddog wrote:
Anyone who owns stock right now has less value in their portfolio..
That goes for a granny in Topeka or Charles Schwab..
No names then?
Not all stocks were negatively affected.
No names..Suffice it to say that anyone with broad ownership in stock has less wealth now than they did at the beginning of the year and would prefer to see stocks higher than where they were on that date.
Nobody is interested in one day swings except a few day traders trying to get lucky..
Anonymous said
Apr 12 6:36 AM, 2025
How many here have Trump Derangement Syndrome? Vam (a good poster) admitted in one of her comments that she had TDS. I wonder if any others would be able to self-diagnose themselves as having TDS?
MD appears to be our only American representative here, and he has said he is a Libertarian and not a Trump voter nor supporter, hence it seems to me he might be reasonably qualified to diagnose TDS in others here.
It is my own conclusion that anyone who gets their news from the BBC and believes in it would be suffering from a number of delusions including TDS.
jackb said
Apr 12 7:32 AM, 2025
Anonymous wrote:
I never agree with Maddog. Ever. But I do not believe the tariffs were a money making venture for his billionaire buddies. He is obsessed with tariffs since he read some creatively sourced material saying they would mean the demise of China. He is not an intelligent or generous man, he wants to know how his billionaire buds can help him not the other way around. After all,he is the President, in his mind God on earth. He would have continued with the tariffs if they hadn't nearly trashed the global economy and if his approval ratings hadn't been going south. He has only agreed to pause them if you recall, they'll be back whatever his friends tell him.
I don't think for a moment the tariffs were primarily about manipulating markets in his or his friends interests.
Barksdale said
Apr 12 10:10 AM, 2025
Anonymous wrote:
I never agree with Maddog. Ever. But I do not believe the tariffs were a money making venture for his billionaire buddies. He is obsessed with tariffs since he read some creatively sourced material saying they would mean the demise of China. He is not an intelligent or generous man, he wants to know how his billionaire buds can help him not the other way around. After all,he is the President, in his mind God on earth. He would have continued with the tariffs if they hadn't nearly trashed the global economy and if his approval ratings hadn't been going south. He has only agreed to pause them if you recall, they'll be back whatever his friends tell him.
I think most people probably share your position in relation to the tariffs (which is more about global power than money.) Part of me does believe Trump when he says he wants to bring back American manufacturing and revitalise the middle class.
The problem is the likelihood is he will fail and ultimately make the lives of ordinary people worse, all while contributing and accelerating the largest transfer of wealth from ordinary people to the rich (while enriching himself and his loyalists in the process) which started during COVID.
Who will do well in Trump's economy? People holding cash. Who is sitting atop large piles of cash which they have accumulated since COVID? Rich people.
Who will benefit from stocks being at a discounted price and can hold until they recover? Cash rich people. Who will benefit from high interest rates? Cash rich people who own the debt. Who will benefit for house foreclosures and picking up housing stock at a lower price? Cash rich people who can snap them at a lower price.
We may hate to admit it but life is a competition. It is a competition for resources. What is the primary way of competing in a capitalist society? Money.
Money is a comparative and relative resource. It does matter how much you hold in comparison to the guy next to you. If house prices crash to £10,000 per unit to tomorrow the fact you can now afford it doesn't mean much if the guy next to you has more money and can keep outbidding you to secure it. Then what does that guy do? Rent it back to try so he holds the asset as well as the income from it (the rent you pay.) This cycle continues on a larger scale over time and ordinary people ultimately lose their ability to own assets of their own. You have a deeply unequal society.
Vam said
Apr 12 11:10 AM, 2025
Anonymous wrote:
How many here have Trump Derangement Syndrome? Vam (a good poster) admitted in one of her comments that she had TDS. I wonder if any others would be able to self-diagnose themselves as having TDS?
MD appears to be our only American representative here, and he has said he is a Libertarian and not a Trump voter nor supporter, hence it seems to me he might be reasonably qualified to diagnose TDS in others here.
It is my own conclusion that anyone who gets their news from the BBC and believes in it would be suffering from a number of delusions including TDS.
You misspelled ’has’
Vam said
Apr 12 11:14 AM, 2025
jackb wrote:
Vam wrote:
Really? Is that what I sound like? Okay… 🤷🏻♀️
Apparently your a kook.
A few of us are it would seem.
Pass the tinfoil!
I don't know why but I see the word kook
and think of a scouse chef...
You’ve made me say it out loud. Gotta love a Scouser accent.
Vam said
Apr 12 11:15 AM, 2025
… and as usual, Avon knocks it out the park up there ⬆️ 👏🏻👏🏻
Maddog said
Apr 12 3:18 PM, 2025
Anonymous wrote:
I never agree with Maddog. Ever. But I do not believe the tariffs were a money making venture for his billionaire buddies. He is obsessed with tariffs since he read some creatively sourced material saying they would mean the demise of China. He is not an intelligent or generous man, he wants to know how his billionaire buds can help him not the other way around. After all,he is the President, in his mind God on earth. He would have continued with the tariffs if they hadn't nearly trashed the global economy and if his approval ratings hadn't been going south. He has only agreed to pause them if you recall, they'll be back whatever his friends tell him.
👍
Maddog said
Apr 12 3:24 PM, 2025
Barksdale wrote:
Anonymous wrote:
I never agree with Maddog. Ever. But I do not believe the tariffs were a money making venture for his billionaire buddies. He is obsessed with tariffs since he read some creatively sourced material saying they would mean the demise of China. He is not an intelligent or generous man, he wants to know how his billionaire buds can help him not the other way around. After all,he is the President, in his mind God on earth. He would have continued with the tariffs if they hadn't nearly trashed the global economy and if his approval ratings hadn't been going south. He has only agreed to pause them if you recall, they'll be back whatever his friends tell him.
I think most people probably share your position in relation to the tariffs (which is more about global power than money.) Part of me does believe Trump when he says he wants to bring back American manufacturing and revitalise the middle class.
The problem is the likelihood is he will fail and ultimately make the lives of ordinary people worse, all while contributing and accelerating the largest transfer of wealth from ordinary people to the rich (while enriching himself and his loyalists in the process) which started during COVID.
Who will do well in Trump's economy? People holding cash. Who is sitting atop large piles of cash which they have accumulated since COVID? Rich people.
Who will benefit from stocks being at a discounted price and can hold until they recover? Cash rich people. Who will benefit from high interest rates? Cash rich people who own the debt. Who will benefit for house foreclosures and picking up housing stock at a lower price? Cash rich people who can snap them at a lower price.
We may hate to admit it but life is a competition. It is a competition for resources. What is the primary way of competing in a capitalist society? Money.
Money is a comparative and relative resource. It does matter how much you hold in comparison to the guy next to you. If house prices crash to £10,000 per unit to tomorrow the fact you can now afford it doesn't mean much if the guy next to you has more money and can keep outbidding you to secure it. Then what does that guy do? Rent it back to try so he holds the asset as well as the income from it (the rent you pay.) This cycle continues on a larger scale over time and ordinary people ultimately lose their ability to own assets of their own. You have a deeply unequal society.
Everything you described happens all of the time.
And people don't need cash to buy things. As long as you have access to credit you can compete with the guy with cash.
The problem is credit could get very expensive and difficult to obtain.
That isn't because of wealthy people (they make credit for you and I easier).
It's shit government running up a tab that is driving up interest rates.
This is why the bond markets are so important right now..
Maddog said
Apr 12 3:30 PM, 2025
Mr Maher goes to Washington..
This dude gets it. Folks could learn something from him..
-- Edited by Maddog on Saturday 12th of April 2025 03:58:50 PM
Maddog said
Apr 12 3:36 PM, 2025
Avon, what is the alternative to people with money scooping in and buy properties at low cost when supply is exceeding demand?
-- Edited by Maddog on Saturday 12th of April 2025 03:36:43 PM
IT’S BEEN CALLED THE GREATEST WEALTH TRANSFER in history: $84 trillion in assets is set to change hands over the next 20 years, according to estimates by the consulting firm Cerulli Associates. The recipients, primarily members of Generation X (those born between 1965 and 1980), millennials (1981-1996) and Gen Z (1997-2012), are expected to inherit $72 trillion of that amount, mainly from baby boomers, with the rest going to charity.
I don't know if this is only an American phenomenon, but the younger generations are experiencing a windfall unlike any others.
Now obviously they all won't see this money, and if inflation rages that money may have less purchasing power, but there's a huge amount of wealth controlled by people that won't be here that much longer..
As they say, you can't take it with you when you go
jackb said
Apr 12 6:33 PM, 2025
Trump GOES NUTS as Ford Takes the Lead, Leaving Trump in the Dust | Shocking US Market - $500B Gone
Ford leaving the US!
jackb said
Apr 12 9:39 PM, 2025
No, Ford is not leaving America entirely, but they are making significant shifts in their global production strategy. www.google.com/search%3F&oq=Is+Ford
-- Edited by jackb on Saturday 12th of April 2025 09:40:09 PM
Maddog said
Apr 12 10:11 PM, 2025
jackb wrote:
Trump GOES NUTS as Ford Takes the Lead, Leaving Trump in the Dust | Shocking US Market - $500B Gone
Ford leaving the US!
Do you even do a cursory look at a site before you post something from them?
This is some 14 year old incel who's getting adept at AI, and you're spreading their garbage..
-- Edited by Maddog on Saturday 12th of April 2025 10:12:08 PM
Vam said
Apr 12 11:34 PM, 2025
Maddog wrote:
Mr Maher goes to Washington..
This dude gets it. Folks could learn something from him..
-- Edited by Maddog on Saturday 12th of April 2025 03:58:50 PM
What’s to ‘learn’ from Maher’s attempt to sane-wash trump? That trump knows how to laugh? Well, whoopeedoo …
Most rational people are centrist-minded, and generally agree with trump’s policies on immigration and reducing government waste. And most rational folks are able to have opposing political views and then discuss them, without pointing an AR15 at one another.
So, other than some MAGAts called Jethro and Cletus tuning in, did Maher’s visit accomplish much beyond a ratings boost?
www.mortgagenewsdaily.com/markets/mbs-morning-04112025
And let's not forget the beating the bond market is taking..
No names then?
Not all stocks were negatively affected.
Apparently your a kook.
A few of us are it would seem.
Pass the tinfoil!
I don't know why but I see the word kook
and think of a scouse chef...
No names..Suffice it to say that anyone with broad ownership in stock has less wealth now than they did at the beginning of the year and would prefer to see stocks higher than where they were on that date.
Nobody is interested in one day swings except a few day traders trying to get lucky..
How many here have Trump Derangement Syndrome? Vam (a good poster) admitted in one of her comments that she had TDS. I wonder if any others would be able to self-diagnose themselves as having TDS?
MD appears to be our only American representative here, and he has said he is a Libertarian and not a Trump voter nor supporter, hence it seems to me he might be reasonably qualified to diagnose TDS in others here.
It is my own conclusion that anyone who gets their news from the BBC and believes in it would be suffering from a number of delusions including TDS.
I don't think for a moment the tariffs were primarily about manipulating markets in his or his friends interests.
I think most people probably share your position in relation to the tariffs (which is more about global power than money.) Part of me does believe Trump when he says he wants to bring back American manufacturing and revitalise the middle class.
The problem is the likelihood is he will fail and ultimately make the lives of ordinary people worse, all while contributing and accelerating the largest transfer of wealth from ordinary people to the rich (while enriching himself and his loyalists in the process) which started during COVID.
Who will do well in Trump's economy? People holding cash. Who is sitting atop large piles of cash which they have accumulated since COVID? Rich people.
Who will benefit from stocks being at a discounted price and can hold until they recover? Cash rich people. Who will benefit from high interest rates? Cash rich people who own the debt. Who will benefit for house foreclosures and picking up housing stock at a lower price? Cash rich people who can snap them at a lower price.
We may hate to admit it but life is a competition. It is a competition for resources. What is the primary way of competing in a capitalist society? Money.
Money is a comparative and relative resource. It does matter how much you hold in comparison to the guy next to you. If house prices crash to £10,000 per unit to tomorrow the fact you can now afford it doesn't mean much if the guy next to you has more money and can keep outbidding you to secure it. Then what does that guy do? Rent it back to try so he holds the asset as well as the income from it (the rent you pay.) This cycle continues on a larger scale over time and ordinary people ultimately lose their ability to own assets of their own. You have a deeply unequal society.
You misspelled ’has’
… and as usual, Avon knocks it out the park up there ⬆️ 👏🏻👏🏻
👍
Everything you described happens all of the time.
And people don't need cash to buy things. As long as you have access to credit you can compete with the guy with cash.
The problem is credit could get very expensive and difficult to obtain.
That isn't because of wealthy people (they make credit for you and I easier).
It's shit government running up a tab that is driving up interest rates.
This is why the bond markets are so important right now..
Mr Maher goes to Washington..
This dude gets it. Folks could learn something from him..
-- Edited by Maddog on Saturday 12th of April 2025 03:58:50 PM
Avon, what is the alternative to people with money scooping in and buy properties at low cost when supply is exceeding demand?
-- Edited by Maddog on Saturday 12th of April 2025 03:36:43 PM
www.ml.com/articles/great-wealth-transfer-impact.html
I don't know if this is only an American phenomenon, but the younger generations are experiencing a windfall unlike any others.
Now obviously they all won't see this money, and if inflation rages that money may have less purchasing power, but there's a huge amount of wealth controlled by people that won't be here that much longer..
As they say, you can't take it with you when you go
Trump GOES NUTS as Ford Takes the Lead, Leaving Trump in the Dust | Shocking US Market - $500B Gone
Ford leaving the US!
No, Ford is not leaving America entirely, but they are making significant shifts in their global production strategy.
www.google.com/search%3F&oq=Is+Ford
-- Edited by jackb on Saturday 12th of April 2025 09:40:09 PM
Do you even do a cursory look at a site before you post something from them?
This is some 14 year old incel who's getting adept at AI, and you're spreading their garbage..
-- Edited by Maddog on Saturday 12th of April 2025 10:12:08 PM
What’s to ‘learn’ from Maher’s attempt to sane-wash trump?
That trump knows how to laugh? Well, whoopeedoo …
Most rational people are centrist-minded, and generally agree with trump’s policies on immigration and reducing government waste. And most rational folks are able to have opposing political views and then discuss them, without pointing an AR15 at one another.
So, other than some MAGAts called Jethro and Cletus tuning in, did Maher’s visit accomplish much beyond a ratings boost?