Thread regarding ExxonMobil Corp. layoffs

America still winning!

Stock Markets Response to President Trump's Global Tariff War
Last Six Months - End Date 21 April 2025

XOM - down 12.72%
Dow Jones - down 11.08%
NASDAQ - down 14.58%
S&P 500 - down 11.84%
NYSE - down 8.30%
Chevron - down 11.39%
Starbucks - down 16.67%
FTSE 100 - down 1.31%
Hang Seng INdex - up 6.55%
Nikkei 225 - down 12.00%
Apple - down 18.10%
Nike - down 31.07%

@28z+1jqywt9w1 Interestingly, it looks like the people responding most negatively and impacted most negatively to America's changes are Americans. Your capitalist system is reacting far more than the ROWs capitalist systems.

Foot, shoot...

Stock Markets Response to President Trump's Global Tariff War
From 2/17/2025 to 4/17/2025

XOM - down 4.08%
Dow Jones - down 11.09%
NASDAQ - down 17.57%
S&P 500 - down 12.67%
NYSE - down 7.67%
Chevron - down 12.87%
Starbucks - down 16.82%
FTSE 100 - down 2.70%
Hang Seng INdex - up 9.25%
Nikkei 225 - down 10.59%
Apple - down 11.53%
Nike - down 23.79%

Selected Global Markets - Last Six Months

ExxonMobil - down 16.88%
Dow Jones - down 6.62%
NASDAQ - down 9.61%
S&P 500 - down 8.47%
NYSE - down 8.05%
Chevron - down 10.64%
FTSE 100 - down 3.61%
GDAXI - up 5.16%
Hang Seng Index - down 0.84%
Nikkei 225 - down 15.20%
Nike - down 33.35%
Apple - down 14.33%
Starbucks - down 9.85%

@w1+1jqywt9w1 Great summary, thanks for collating the data.

So, this is great, is it? It isn't what great looks like in my part of the world.

Selected Global Markets - Before Tariffs: 1 April 2025,
After Tariffs: Close of Business 7 April 2025

ExxonMobil - down 13.36%
Dow Jones - down 9.12%
NASDAQ - down 9.44%
S&P 500 - down 9.43%
NYSE - down 9.74%
Chevron - down 16.29%
FTSE 100 - down 11.04%
GDAXI - down 11.59%
Hang Seng Index - down 14.69%
Nikkei 225 - down 13.25%
Nike - down 12.53%
Apple - down 17.49%
Starbucks - down 18.26%

Almost impossible to defend Trump now that his tariff formula is well understood, although some will try.

The tariffs aren’t reciprocal, but instead a simple function of trade deficits.

He is either lying or truly doesn’t understand what he has done.

@p7+1jqywt9w1 You are clueless unfortunately, thanks for showing your knowledge gap of world economies outside of NA. You're feeding the world's view of the intelligence of the average American.

@j9+1jqywt9w1 Looking forward to you accepting a 50% salary cut to try and get US products price competitive with the global quality they benchmark to.

Unfortunately, it will still be too expensive for the value consumer.

This is reality, the US is an expensive manufacturing location. You've heard of HC10 I assume?

Name 3 US products. He-l, name one.

@hp You are correct that there is not much demand for U.S. products in other countries and the prices are too high, good to see that you agree with Trump, the greatest President ever! The tariffs are the reason you don’t see American cars in other countries. Trump is fixing that, glad to hear you agree with him.

@hp+1jqywt9w1 I think you have no concept of supply and demand.

With the exception of aircraft, name some others GOODS AND PRODUCTS where America is world class?

It's not unfair to say that American goods are not competitive with ROW quality, but too expensive to compete for the low cost market.

Unfortunately, you cannot fill your internal demand, even accepting lower quality goods, hence you have to import from overseas.

Your solution is either increase quality to compete globally and increase exports, or stop the insatiable internal demand.

Trump doesn't understand that either.

@ey+1jqywt9w1 Complete rubbish, if what you say were true, why does America use mod yards in China, Indonesia and Mexico?

Because it's cheaper and your American corporations are interested only in shareholder returns.

You're now shooting yourself in the foot

How's the golfing in Maro Largo amigos?

Funny how some things haven't changed..

"
If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. He-l, give him somebody to look down on, and he'll empty his pockets for you.

Lyndon B. Johnson,

The oil industry is heavily dependent on imported materials? EXACTLY, that’s the problem! Hey dummy, why do you think that is? Maybe because other countries charge high tariffs on American materials while the stupid U.S. doesn’t reciprocate and drive the American companies out of business?

Trump is not going to let the U.S. be the su---r for the rest of the world and it’s working already.

Other countries mare already tapping out and willing to lower or drop their tariffs.

It's bonkers that the same people who repeatedly complained about the price of eggs under Biden are now fully willing to embrace "short term pain" that will lead us to near depression and wipe out their retirement savings under Trump. Market was down 2200 pts today and where was the orange man child? On the golf course. It's a cult full stop.

@eb+1jqywt9w1 The algos are doing their job.

Those in Trump's ilk will have been shorting massively and will making massively in the turmoil.

Nothing has changed since before or during covid. The system is still rigged and actually delivering even more to the powerful.

Day 2 (close of business) - global markets continue to crash and burn

Selected Global Markets - 4 April 2025 (close of business)

ExxonMobil - down 7.20%
Dow Jones - down 5.50%
NASDAQ - down 5.82%
S&P 500 - down 5.97%
NYSE - down 6.12%
Chevron - down 8.22%
FTSE 100 - down 4.95%
GDAXI - down 4.95%
Hang Seng Index - down1.52%
Nikkei 225 - down 2.75%
Nike - up 3.00%
Apple - down 7.29%
Starbucks - down 6.98%

@e7+1jqywt9w1 What an incredibly myopic viewpoint. This is either a troll or one of the worst cases of being part of Cult45 that I’ve ever seen

The Tariffs in the 1930s took unemployment from 8 to 25% in a mere 12 months.

Ah well, we don't learn.

Brillian idea

On the positive side, there will be a lot of houses in the market after the foreclosures

“ I do project economics. The oil industry is heavily dependent on imported materials, especially steel products. The tariffs on these products will significantly increase project costs. This, coupled with the tariff related oil price collapse makes most projects uneconomic and will be paused or cancelled. The current upper management sentiment is panic and fear. Another great idea by DJT!!!!”

You posted the same nonsense on the Chevron board. Troll.

@dc+1jqywt9w1 It's that kind of stupid mindset that's dragged the world down the past week k

Well done America. Foot, shoot.

they should tariffs the BTC folks

Who could've seen this coming. Fkn regards.

I would gladly sacrifice my 401k so that one day my kids can glue shoes together for 12 hours a day like those lucky Vietnamese kids.

It's called a reset. With inflation, high debt, and low unemployment, something had to give.

If you're overleveraged, whether as a person or corporation, you're exposing yourself. You reap what you sow.

I do project economics. The oil industry is heavily dependent on imported materials, especially steel products. The tariffs on these products will significantly increase project costs. This, coupled with the tariff related oil price collapse makes most projects uneconomic and will be paused or cancelled. The current upper management sentiment is panic and fear. Another great idea by DJT!!!!