Market Uncertainty causes fear and strong selling seen

[Luckyone]

They said the same thing about this guy. How Did 108 Economists Predict Milei's Results Exactly Wrong? | The Daily Economy

You truly need to do some research before putting your foot into your mouth.

The economists have not been proven wrong

Milei’s new economic policies sent monthly inflation spiraling to over 25% in December 2023. But by August of this year -- coinciding with the timing of Gallup’s survey -- it had fallen to 3.9%. Still, annual inflation remains over 200%, the highest in the world, and poverty rates have surged amid Milei’s strict austerity program.

Challenges Remain in Argentines' Views of the Job Market and Affording Food​

Thinking about the job situation in the city or area where you live today, would you say that it is now a good time or a bad time to find a job?
There has been 69 times in the past 12 months when you did not have enough money to afford food!

In addition, Argentina is not a world power and not truly affected by things like tariffs.

Try again, you failed miserably to make your point! Argentina compared to the U.S.? Really?

 

[80zephyr]

You truly need to do some research before putting your foot into your mouth.

The economists have not been proven wrong


In addition, Argentina is not a world power and not truly affected by things like tariffs.

Try again, you failed miserably to make your point! Argentina compared to the U.S.? Really?

A world power will do even better than Argentina.

 

[Luckyone]

A world power will do even better than Argentina.

We better, because a 200% inflation rate per year (what Argentina has) would kill us.

 

[80zephyr]

We better, because a 200% inflation rate per year (what Argentina has) would kill us.

Its going down. When those economists said it would go up if he enacted the policies he did.

 

[Luckyone]

Its going down. When those economists said it would go up if he enacted the policies he did.

My gawd man, how can you come up with such an example? Oh, and by the way, who are those economists you talk about? Do they have any kind of reputation supporting them?

Do any of those economists work for Morgan Stanley (for example)?

Because, here in the U.S. 8 of the top 10 economists are saying that Trump's tariffs will generate inflation, and these are reputable economists that work for well-known companies (like Morgan Stanley)

• Eight out of 10 corporate economists forecast that U.S. tariffs will stoke inflation this year, Wolters Kluwer said Monday as the Trump administration intensified its shakeup of trade policy by imposing 25% tariffs on steel and aluminum imports.
• Economists at companies ranging from Ford Motor Co. to Morgan Stanley and KPMG to Eaton Corp marked up their forecast for the increase in the consumer price index this year to 2.7% from 2.5% in October, Wolters Kluwer found in a survey.

Heck, even one of the Federal Reserve chiefs says inflation will rise with tariffs.

Fed's Williams Says Tariffs Will Likely Boost US Inflation​

22 hours ago — Federal Reserve Bank of New York President John Williams said he anticipates tariffs will contribute to inflation

 

[John Edgar Slow Horses]

To take a slice from LuckyOne. "Because, here in the U.S. 8 of the top 10 economists are saying that Trump's tariffs will generate inflation, and these are reputable economists that work for well-known companies (like Morgan Stanley)"

It's as if one on MAGA is limited to MikeGriffin1, Foxfyre, PoliticalcChic, Doc7505. excalibur, et al.

It makes a thinking person's head hurt.

 

[egp320i]

The tariffs on China, Mexico and Canada that went into effect today have added additional fear and uncertainty to occur, and neither of those are helpful to the market. The Tech industry, which has been the backbone of the uptrend during these past years, has seen a 10% move down over the past 12 days. Leading the way down has been NVDA, which is the leader in the AI industry, and it has dropped 15% during this period of time. Such an event is the perfect example of what is happening.

This has all occurred because of Trump's actions. I am not going to speculate on what is to come, as even the best on Wall Street are lost, but the action seen and the fear and uncertainty generated are going to be a big negative until this all plays out. It curtainly is not going to be "played out" for a few months (at least).

Here is a video in which this is being said

last I checked grocery stores in the USA do not stock chinese products thus the author is a moron

You bought into the left wing narrative again

 

[Luckyone]

last I checked grocery stores in the USA do not stock chinese products thus the author is a moron

What does have to do with what is happening to our stock market?

 

[John Edgar Slow Horses]

last I checked grocery stores in the USA do not stock chinese products thus the author is a moron

Additional fear and uncertainty. That is what Trump is stocking in the electorate.