Progressive American, pro freedom, pro liberty, pro women, pro choice, pro science, pro equality, pro NATO, pro Canada, pro Ukraine, anti Christofascism. 🇺🇸🇨🇦🇪🇺🇺🇦🏳️🌈
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When this experiment with right wing fascism is over, we can thank the Judicial Branch and the Constitution that created it for preserving democracy in the face of a tyrannical wannabe American dictator.
If the Big Beautiful Bill was so great and worked so well for constituents, these reps wouldn’t have to go to their districts to explain it. Build Back Better was massive investment back into infrastructure, roads, bridges, shovels in ground, spurring construction for the blue collared MAGAs.
This isn’t even right versus left anymore. This is right versus wrong. These people are crazy and the only hope is restoring all the deep damage they’re doing.
Ugh need an edit button “not even republicans support this.”
-Government owns shares of business. -Business owns means and control of production. -Government owns production. -QED socialism. Lutnick knows he’s doing mental gymnastics and not even republicans don’t support this.
Wait until revs go down and retail investors learn that already sky high valuation goes even higher because the earnings is the denominator.
Also going places doesn’t mean spending money/stimulating economy. We planned a trip last year for this Labor Day weekend. We will be shopping and dining out less than we normally would have. We are still going but cut out stuff we didn’t think we would miss.
Remember the outrage when republicans used to complain about the government picking winners and losers and being a terrible allocator of capital?
I was just in Walmart getting cereal. A guy in a General Mills shirt unloading boxes in the aisle asked a Walmart manager how sales were. Manager: “Down. I worked Sunday (yesterday) and the store was empty.” Cereal Man: “Everyone is saying that.” This recession is about to hit like a ton of bricks.
Who the fuck are we fighting? Sounds like an old man who shits his pants is upset about South Park making fun of his tiny wiener.
Dude is kneecapping the economy with his own fucking tariffs and needs lower rates to curb the damage. He takes to social media to speak directly to his masked Proud Boys and Oathkeepers to target these people. And SCOTUS and Congressional Republicans just let him. Fucking awful.
Boomers are now reaching 60-80 years of age. This is a huge cohort of the US population. It’s not like any of us parents have 4, 5, 10 kids like they used to back then, when it was possibly affordable on one income to do so. Most personal friends stopped at 2-3. Some had none for dystopian reasons.
Sounds like she was auditioning for a determination on whether or not to get Epsteined.
In other news, Abel says he forgives his brother Cain for murdering him. How much money is too much? The current Powerball jackpot is $700 million. This Musk pay package worth $56 billion is like winning the Powerball jackpot 80 times. How fucking reasonable is that?
Elbows down? C’mon Canada. Trump doesn’t do goodwill. Just ask Putin.
Conditions sure seem really tight. 🙃
Just a thought: when you combine the improved fundamentals for small caps by lowered borrowing costs -along with- the fact that we are at record (as in all time records I believe) between large and small cap valuations, the R2K could be in for massive outperformance.
The old adage to “measure twice cut once” exists for a reason. Tried and true way to avoid mistakes. These dumbfucks didn’t measure at all before cutting indiscriminately and showed why adages like “egg on your face” exist. The IRS needs the required resources and tools to make this country work.
If conservatives are stupid enough to elect Trump, then they were probably stupid enough to think California, Illinois and New York would ignore Texas rigging the next election in favor of the very same Trump moron.
I don’t think he reserved “poisoning the blood of our country” for illegal immigrants. I think he meant all immigrants. Except the ones from Europe.
I can’t write and see it simultaneously but it looks like this: Red Red Red Red Red Purple Red Red Red Red Red Purple Blue Red Red Red Red Red Blue
Amazing how many legal minds in the Trumpiverse have zero understanding of laws. Pirro, Guliani, Habba, Bondi, Martin, etc etc.
No different than when oil was way up in 2022. This will impact prices of every single good we buy and service we receive. Electricity heats, cools, and powers everything we do. This is terrible news.
wrong with your network? If there was a single other option, I would tune off you. The sheer spectacle of that interview and the disrespect afterward makes me wonder why any reputable person would even come on your network. It was utterly fucking embarrassing.
I’m old enough to remember this morning when Walter was on Squawk Box and MAGA Joe decided to unload a metric shit ton of whataboutism. Wouldn’t let Walter answer questions. Argued when he did. At the end, Joe said Walter “used to be reasonable but was back to his normal self.” What the fuck is
This is absolutely excellent analysis.
Not sure why everyone is ignoring this. Whether here illegally or not and undeserving of being incarcerated, these are 1 million+ people not making income, spending money, feeding their families, buying clothes, etc. This will have a negative impact on GDP. It’s not a matter of if but how much.
This fucker isn’t going to give up the presidency in 2028 even if he unconstitutionally runs for a third term and even if he loses. He will claim it was rigged, machines were fraudulent and national guard will be mobilized. Everyone including republicans better realize this now before we’re fucked.
Because it’s too fucking hot to touch when it’s black. It’s like I can’t even with this shit…! 🤣
I don’t know why the media doesn’t parade around clips like this when Vance calls this “Biden’s War” and Trump says there is nothing he can do. m.youtube.com/shorts/jcNzo...
For the past two years, MAGA believed Trump whine about a completely broken economy that sucked for everyone, while stocks rode to new highs. Within six months, Trump broke the economy, as indicated by slowed job growth and re-acceleration of inflation, while telling MAGA everything was now great.
Alright California, Illinois and New York. Your turn!
Because they thought they could do so with impunity. I mean the fucking leader of their cult tried to get the vice president to override a legitimate election.
He’s right. It doesn’t matter what he or any of us think. That’s why we have a criminal justice system where he can submit allegations for prosecution, she can be tried in court, and a determination will be made. This is The USA, not the US of Trump or Pulte weaponizing allegations.
Even after this drop, still up 1,400% in 2 years on multiple expansion and currently at a PE ratio nearly 500.
Seems fair. Thanks GOP. The biggest grift since 1980. Been waiting for all that wealth to trickle down.
Hodlers are too busy with their diamond hands holding meme stonks and non fungible tokens of bored apes than trying to learn about how to lose money in venture capital and private equity.
Democratic republics weren’t created so one party (of fascists) could win a simple majority then systematically deconstruct the ability of the other party(ies) to exist. No patriotic American should support this nor the mistreatment of any elected official trying to preserve democracy.
I thought blue lives matter.
Wait the same Michael Steele, as in former Republican Party chairperson, didn’t see this coming?
Gee I wonder what happened six months ago and how many voted for “pro business” it.
So a plaque is worth $250B in market cap plus avoiding billions and billions of investment in US which would have either cut deeply into margins or increased the cost of an iPhone?
He’s nuts. I can think of four things more likely in our lifetime (or a hundred times our lifetimes) than ever seeing a Dyson sphere -nuclear war and fallout as a human extinction event -climate change making Earth uninhabitable -terraforming Mars -sending colonies of humans off in O’Neill Cylinders
Foxtrot Delta Taco
The one single fucking thing Trump did right so far was answer “We love them” when asked by a reporter what he would say to the Ukrainian people. Now fucking prove it Trump.
Did anyone else just watch MTGs husband ask Zelenskyy about holding an election, Zelenskyy explain of course once the war is over and it can be done safely, and Trump runs with the idea of being a wartime president in 3 1/2 years? Crazy timeline is not so crazy.
For tariffs to work, you must have the labor force and the raw materials to compete and fulfill your threat. In the case of Trump tariffing bananas, coffee and all sorts of other shit we can’t produce and have a labor force too expensive to compete, he is broadcasting that he’s a dumbfuck.
This is what happens when MAGA decided somehow a second term would be better with the same felon and pedophile who failed in dozens of businesses over five decades, claimed six bankruptcies and failed to deal with a pandemic driven recession in his first term.
Wow. There’s something none of us ever thought we would see.
Boockvar is a smart guy. I’m sitting at a 2.9% on a 30 year like millions of Americans. Anyone who thinks “juicing” demand is going from 6.5% to 6.25%, 6% or 5.75% is delusional. There is no way millions of us are selling (or can afford to upgrade) unless we see a 3 handle.
Just wait until he mobilizes the National Guard at Election Day to “protect the vote” ie intimidate anyone not voting for Republican fascism.
Once AI replaces all of us in the workforce, we will be grateful to have AI to help us find the shortest breadline.
Seems a lot of people are starting to acknowledge this feels toppy in light of recent data and future projections.
Gotta upsell that $500B valuation.
Hmm. 🤔 How much money can people shovel into this chatbot inferno?
I’m not sure how any CEO or BOD could project hiring when they have no idea how tariffs will increase input costs, decrease demand, shrink margins, or let anyone plan for staff needed in such a scenario. It’s like Trump is nuking the economy.
Republicans: let’s serve the Russian terrorist dictator halibut and filet mignon on US taxpayers along with a B-2 bomber flyover. Also republicans: DOGE and stripping healthcare from millions of Americans.
Guess which one is a war mongering terrorist dictator and which is the president of a democracy.
Did anyone ask Trump about those serious consequences or secondary tariffs he promised if there was no peace?
I think I heard you or Faber say last week that it would be the first company in history to grow into a multiple this high if it eventually does? Like do people buying this stock know what valuation means?
Felon lands and waits in AF1. Terrorist dictator lands. Both walk toward each other, warm handshake and smiles, then disgusting photo op with thumbs up, then both take ride in The Beast to wherever their posses met with each other. Pretty humiliating for leader of free world to welcome lil KGB man.
I’ll wait for confirmation from the Russian side. I’m not sure who I trust less: Trump or Putin.
Umm no progress is made until Ukraine joins the fucking conversation. Trump better not be negotiating away their Donbas.
The Gadsden Flag waiving MAGA republicans supporting Trump and his summit with a murderous dictator and international terrorist must be so proud of themselves for what they’ve done to America.
Both are smiling and shaking hands for photo ops after three years of killing Ukrainian civilians and decades of crimes (by both of them).
When democrat politicians misbehave, our voters demand investigations, justice and accountability. When republican politicians misbehave, their voters give them promotions.
Carl is en fuego again today! 🔥 🥪 🚓
So who is it going to be? James Woods? Omfg. 🤡 🤢
Imagine being a classically educated attorney like Pam Bondi and willingly sign up for a job knowing it will be to break as many laws as possible while letting your boss do the same. I mean Bill Barr eventually hit his ultra low limit but Pam Bondi knew what she was in for.
I wonder when he thinks a visiting person to any state or between states has ever been counted in any census.
Umm lol Trump can’t focus for more than 2 minutes.
This is what happens when one end of the political spectrum is a combination of Christian Nationalism and egregious capitalism running amok where CEOs make 1,000 times more than company employees and 1% of America holds 80% of the country wealth.
Absolutely agree! Thought the same myself.
Intimidation is a cornerstone of fascism. Trump is showing off his fear, weakness and willingness to suppress democracy.
We need to start printing these charts on poster boards to show Leavitt and Trump and ask them to explain why they keep saying “inflation is gone.” He and Antoni may try to stop the release of employment data, but they can’t stop every piece of data and they can’t keep lying about it.
Goolsbee is absolutely shredding the concept of tariffs, how damaging they are to the economy, and precisely how badly they impact planning for businesses. This is must watch. It shows why Powell isn’t cutting and how dumb Trump, Lutnick and Bessent are.
Until this fucking kleptocracy stops abusing the working class of America, every single one of us should support the right to unionize. It’s the only way to prevent the billionaires from becoming trillionaires while republicans strip public healthcare and social safety nets from the rest of us.
If any of these conservative and/or conspiracy theorist MAGA assholes went in to an actual family practitioner to ask for advice or professional recommendation, they would overwhelmingly hear that nothing they hear on Fox News, Newsmax or conservative podcasts accurately reflect science or health.
Stock markets at all time high (at least the top heavy index level) seem not to care about Trumpflation, meat, veggie, PPI. They must think AI will make everything okay. But AI doesn’t raise and slaughter animals or plant and harvest crops. It’s insanity. People can’t eat AI.
Epic clip here: bsky.app/profile/gove...
People should prepare to reply to Trump by pointing out he supports the Israel Genocide machine, hasn’t stopped the Russian invasion of Ukraine, and has deployed US armed forces in LA and DC.
Trumps MO is to set expectations low so he can either write off terrible results or take credit when they exceed low expectations. MAGA thinks this makes him a stable genius.
Great post! Hell, I could have told any economic that. I’m eating out less because a fucking burrito is like $13 while our other utility and grocery bills are going up too! I can make my own burrito at home with a 80 cent tortilla, 25 cents of salsa, 40 cents of beans and 40 cents of rice.
He did a great job the last two days debating her. Unbelievable. She picks out one datum of the set of PPI to suggest things aren’t so bad. O RLY? She goes “So asset management inflation is up a lot cuz stocks are up a lot meaning everything else is up less and ok!” DAFUQ sort of logic is that??
You should clarify he said that about 15 minutes before the scorching hot PPI numbers were released.
LOL Carl you’re a machine! “Tariffs don’t cause inflation!” Trump 🤡 Lutnick 🤡 Bessent 🤡 Powell ✅
I mean producers are either going to eat all these increased input costs and risk going out of business or pass them onto us consumers to eat. Those are the two options.
I’ll be interested to hear what all those people saying “inflation on goods is okay because we’re a 70% services economy” say today.
I’d like to see any of these numbnut maga talking head economists come on the network to say tariffs aren’t increasing producer prices and won’t drive inflation for consumers.
Tariffs are increasing producer inputs. We’ll be lucky if this is stagflation and not recession in the next few months.
I’ll point out the obvious that this not only hurts you as a utility customer but also drives up input costs of every single good you buy and the service you receive.
I haven’t completely given up as there are still people like Carl around.
It would be great if a journalist with access to Lutnick or Bessent would ask them how a trade deficit with Malaysia and Cambodia are threats to our national security.
Word is this administration is unhealthy but the use of alcohol can help cope with the stupidity.
Hopefully this “crime bill” will name pedophilia as a national crisis so this administration can crack down on perpetrators targeting our children.
Articles like this in 1999 said “everyone” was going to get rich investing in anything that ended in dot-com. Fast forward 25 years & replace “internet” & “dot-com” with “crypto” & “artificial intelligence.” The exuberance is irrational. Be prepared for a 50% crash with all this crypto leverage.
