Every driller or fund that owns a driller flat out said they would not drill unprofitably and that profitability was high 60s to 70 a barrel. Trump trying to recreate the days of them losing money for market share is insanely dumb and was not ever going to happen.
Any country willingly going to become part of Russia is downright stupid. Especially western ones, already used to toilets indoors. They'd be much happier as a Canada provinceIt could be or the US take the L form from California until the north west and managing to merge with New York in the north.
The other side would be confederates without access to the Pacific Ocean since Alaska might be likely become a Russia colony all over again.
Can a lawsuit be contrived (uh, developed) that will go to the Supremes so T's tariffs be negated? I mean, one would suppose (or at least hope) there's something that can prevent catastrophe short of assassination(s) of incorrigibles.Yay I get to destroy more people’s lives all day tomorrow. Thanks orange shitbag.
Our numbers to hit to backtrack to day zero of Trump's first term:Futures are already down.
Bigly.
S&P- -4.96%- down -253
Dow -4.26% - down 1642
NASDAQ - -5.33% down 934
Dow may crack 30,000 before its over
It's an appetizer. Like ordering sliders for the table before digging into the big Bertha porterhouse combo.I cannot even begin to guess where the bottom is here if Trump doesn't relent and even piles on the sectoral tariffs potentially this week. Not to mention potential retaliation for other countries retaliating.
Trump is serving up the biggest one man shit sandwich in financial history and we're not even sure if it's' a double or triple decker yet.
Unless Congress takes back the power they ceded to Trump nothing is going to stop this I fear. I can’t see how the court can do anything. They are the ones who ruled that anything he does is fine if he says it’s for the security of the country.Can a lawsuit be contrived (uh, developed) that will go to the Supremes so T's tariffs be negated? I mean, one would suppose (or at least hope) there's something that can prevent catastrophe short of assassination(s) of incorrigibles.
Futures are already down.
Bigly.
S&P- -4.96%- down -253
Dow -4.26% - down 1642
NASDAQ - -5.33% down 934
Dow may crack 30,000 before its over
And you can't question his reasons, even if they are genuinely made up, paper thin bullshit, because reasons.Unless Congress takes back the power They ceded to Trump nothing is going to stop this I fear. I can’t see how the court can do anything. They are the ones who rules that anything he does is fine if he says it’s for the security of the country.
Our numbers to hit to backtrack to day zero of Trump's first term:
S&P: 1924
DJIA: 16249
NASDAQ: 4673
Is that really what they said? I thought they said he's immune from prosecution for his acts that are in pursuit of his duties, not that everything he does is constitutional. Determining constitutionality is THEIR job.Unless Congress takes back the power they ceded to Trump nothing is going to stop this I fear. I can’t see how the court can do anything. They are the ones who ruled that anything he does is fine if he says it’s for the security of the country.
Tariffs have a place, such as protecting national security-important industries, or protecting industries from foreign, state-sponsored dumping.The Canadian potatoes my wife & I enjoy are more expensive vs last week. Sale price on a mixed pack same as last week, retail price on other packages are about $2 more than last week.
For the record I am not totally against tariffs, I am against having no plan or benchmarks to judge success and tariffs on allies is pretty dumb.
What they said were official acts enjoy absolute immunity, official actions are presumed to have immunity and unofficial acts are not protected. Him claiming he’s doing something “to protect the country” would likely be viewed as official based on that. Be hard to argue these were not official acts or actions.Is that really what they said? I thought they said he's immune from prosecution for his acts that are in pursuit of his duties, not that everything he does is constitutional. Determining constitutionality is THEIR job.
Exactly the currently is no planTariffs have a place, such as protecting national security-important industries, or protecting industries from foreign, state-sponsored dumping.
The tariffs that Trump has always entertained are generally none of those things.
We disagree. Not saying you're wrong but my understanding is they were determining his culpability not their inability to stop something he does. The Supremes saying the executive branch can do anything is counter to the spirit of the US Constitution.What they said were official acts enjoy absolute immunity, official actions are presumed to have immunity and unofficial acts are not protected. Him claiming he’s doing something “to protect the country” would likely be viewed as official based on that. Be hard to argue these were not official acts or actions.
I figure Trump calling off tariffs depends a lot on his being able to somehow save face while doing so. Possible? Maybe. He does a lot of chameleon type maneuvering.I cannot even begin to guess where the bottom is here if Trump doesn't relent and even piles on the sectoral tariffs potentially this week. Not to mention potential retaliation for other countries retaliating.
Trump is serving up the biggest one man shit sandwich in financial history and we're not even sure if it's' a double or triple decker yet.
I figure Trump calling off tariffs depends a lot on his being able to somehow save face while doing so. Possible? Maybe. He does a lot of chameleon type maneuvering.
See above. He's already mentioned Vietnam called him and offered to eliminate their tariffs if we pull ours. He'll say the same for the other countries and claim victory, WHEN decides to back down, even if they give up basically nothingI figure Trump calling off tariffs depends a lot on his being able to somehow save face while doing so. Possible? Maybe. He does a lot of chameleon type maneuvering.
This is a lot of wish-casting. Trump and his cabinet are a bunch of idiotic nincompoops. If he backs down, it's not because he understands the gravity of what he was about to do, it's because he'll think he was some fabulous deal maker because everyone was calling the narcissist-in-chief.I really think Trump is going to waffle and blink later this week if we get another big downturn the next couple of trading days. He's going to realize he made too big a move and real people are being affected. He really has no idea what he's doing and what the actual consequences will be. When he realizes this (when the right person/people tell him), he'll back down. He'll try to play it off like "so many countries called me" and "gave up so many things" etc, etc, but the reality will be that he will realize the retardedness of this move and blink.