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TorontoGold

TorontoGold

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LOL and what did the head of the nation north of Mexico call for? Military intervention? Drone strikes?

“Unprecedented move by Sheinbaun!!”
 
NDVirginia19

NDVirginia19

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TorontoGold said:
LOL and what did the head of the nation north of Mexico call for? Military intervention? Drone strikes?

“Unprecedented move by Sheinbaun!!”
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When has Trump called for US unilateral military encroachment into Mexico to fight the Cartels? Everything I am tracking is cooperative engagements with the Mexican military to fight the Cartels
 
TorontoGold

TorontoGold

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TorontoGold

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NDVirginia19 said:
I concede that the sentiment is there, but that is mostly behind closed doors discussion that has leaked out or legislators making proposals.
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And it pales in comparison to whatever Sheinbaum is saying. There really isn't any logical comparison to be made and not remotely unprecedented.
 
NDVirginia19

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TorontoGold said:
And it pales in comparison to whatever Sheinbaum is saying. There really isn't any logical comparison to be made and not remotely unprecedented.
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I think using military force to destroy a violent and illegal cartel is slightly different than suggesting using violence to stop law enforcement efforts on behalf of the government. But maybe when you consider how much of the Mexican government is bought and paid for by the Cartel, they aren't that different
 
TorontoGold

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NDVirginia19 said:
I think using military force to destroy a violent and illegal cartel is slightly different than suggesting using violence to stop law enforcement efforts on behalf of the government. But maybe when you consider how much of the Mexican government is bought and paid for by the Cartel, they aren't that different
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Sheinbaum is literally more anti-cartel than DJT. Someone running a gun buy back program doesn't strike me as the type of person who's bought and paid for.
 
drayer54

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Anniversary of this dumbass tweet

Gusd43fX0AAwkMr
 
NDWarrior

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Looks like a win, but for whom? Who bears the brunt of these negotiated tariffs?

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Giddyup

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Our country paid our bills for 150 yrs on tariffs. With the industry and wages/jobs that stay here they more then pay for any increases. Too bad some no economic philosophy Dem will be in in four to eight years which blows it all up
 
TorontoGold

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Tariffs are a tax and protectionist of industries.

If the tariffs are being used to fund public works projects that improve the life of the average citizen then that can be seen as a win. Either way, the American citizen is paying for it.

There’s already a government agency who handles collection of taxes and levies who could have done this without shocking the markets and losing consumer trust.

The idea that the tariffs are going to pay down the debt is ridiculous. Of all people, Trump knows that large debts like this are never going to be called or cause harm. No one can tell the US government “hey we’re going to seize your assets” so why would anyone actually make a concerted effort to pay it down in a meaningful way. If you call the debt you destroy the world economy, and if you don’t care about that you’re going up against the #1 military. If the average Joe Schmo understood that they’d demand more from their government instead of just deploying US softpower for pet projects.
 
Giddyup

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Your genius thinking is impressive should tell every country in the world but us to stop tariffs.
 
RDU Irish

RDU Irish

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We are running a $2T deficit - tariffs have been spent a couple of times over. All this talk of "rebates" is straight up moronic. Spare me the "taxes are good as long as we steal from the rich to give to the poor". Government sucks at everything - cut spending 50% and see where it hurts before adding any spending anywhere.

Jobs #s immediately after JP holds on rates is a pretty terrible look with the market responding in kind. Real estate needs lower interest rates, cracks are showing and it can get ugly quick. Even if 10 year sticks, giving people options of ARMs will provide some much needed relief.
 
NDWarrior

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From Prof. Scott Galloway today... Not as much being done to help the majority of S&P 500 companies and entrepreneurs to flourish. Big Tech and AI are King with 7 companies making all the $.

AI Spending Surges as Tech Giants Report Strong Earnings​

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Most of the Magnificent Seven reported earnings last week, giving investors a closer look at the scale of AI investment.​
Already, spending on AI is outpacing consumer spending as the main driver of U.S. GDP growth. In the markets, 50%–60% of equity returns have been generated by AI-related stocks since 2023.​
Microsoft beat expectations on both the top and bottom lines, fueled by 39% cloud growth.​
For the first time, it revealed the size of its Azure public cloud business, now pulling in over $75 billion in annual revenue, more than Boeing or Morgan Stanley. Shares jumped more than 7%, and it briefly became the second company to hit a $4 trillion market cap.​
  • If you stacked $4 trillion in $100 bills, you could reach the edge of space and back at least 10 times.
Meta also impressed, with earnings and guidance that topped estimates. Shares surged more than 10% after CEO Mark Zuckerberg said the company’s AI tools were increasing time spent across its apps, and driving major efficiency gains in its ad business. Family of apps users grew by 6% year over year.​
  • 6% might not sound impressive, but it’s remarkable considering that roughly 3.5 billion people globally (almost half the world) already use Meta’s apps daily; also likely reaching bubble territory, AI's longterm growth story notwithstanding.
Ironically, the most sought-after resource in the race for artificial intelligence appears to be human intelligence. Meta’s Superintelligence team has made headlines for offering eye-popping sums for AI talent, and Zuckerberg said hiring-related compensation will be the company’s second-largest driver of capex growth.​
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Amazon beat expectations as well, but AWS’s 18% revenue growth lagged behind Microsoft’s and Google’s Cloud offerings. Its operating income forecast for the current quarter fell short of analyst consensus, sending shares down more than 7% after hours.​
Apple posted stronger-than-expected iPhone sales as U.S. buyers raced to beat possible tariff-driven price hikes. It notched its best quarterly revenue growth since late 2021, with China sales up 4% after a stretch of declines. CEO Tim Cook said tariffs will cost the company an estimated $1.1 billion this quarter. Shares rose roughly 3%.​
  • Cook specifically addressed AI, confirming that Apple “is very open to M&A that accelerates our roadmap.”
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I feel like there’s two economies right now: the Magnificent 7, and everyone else. If the Magnificent 7 were a country, it would have the third-largest GDP, behind the U.S. and China.​
Part of what’s driving this is policy. The “Big Beautiful Bill” lets companies expense 100% of investments immediately, which makes big spending cheaper. Combine that with the lowest corporate tax rates since 1939, and the result is a system that disproportionately benefits the biggest, most profitable companies.​
The tariffs are another transfer from 493 companies to the Magnificent 7. GM and other great American companies that make physical goods are in a state of paralysis right now, losing billions, but the tech guys are fine.​
America has always been good at helping the winners. We’ve been much worse at helping the people disruption leaves behind.​
 
Irish#1

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NDWarrior said:
Investors Threaten Generational Wealth by Snapping Up Long-Term Rentals—This City Has Pushed Back
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Fishers is 20 miles from downtown Indy, but when you cross the county line you go from Indy to Fishers.

They started working on this while ago. Glad to see they finally implemented it. One of my sons lived in Fishers until they moved to FL. An investment company bought his home. He mentioned that most homes in his neighborhood were being bought in less than a week from when it got listed by the same company. Quickest way for a neighborhood to go downhill is to turn it into rentals. HOA's become toothless.
 
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