Curious what others think.
76 replies (most recent on top)
Plenty of conservative propaganda on this site also.
I hope the moderators delete all political content from both sides.
Is this a website about SAS layoffs or is it a place to spew liberal propaganda?
https://www.msn.com/en-us/money/markets/elon-musk-s-brother-kimbal-musk-says-trump-s-tariffs-are-a-permanent-tax-on-the-american-consumer/ar-AA1Cv8MB?ocid=winp2fptaskbar&cvid=4414dcf1b29f44be8ac3a0a39e83848a&ei=19
https://www.msn.com/en-us/money/markets/cambodia-hit-with-highest-trump-tariff-but-manufacturing-absolutely-not-coming-back-to-u-s-trade-group-says/ar-AA1CwhqO?ocid=winp2fptaskbar&cvid=46298b612ba845d2dfaeb1a928a8d104&ei=139
@zq+1jqxy8vge We agree on your statement of the problem; I just don't see how tariffs are the solution. Hoping you are right -- @xp+1jqxy8vge.
The status quo for the previous 30 years has been driving the USA towards bankruptcy. I look forward to a better future with these tariffs resetting the frame.
Wall Street suffers record $11 Trillion hit since inauguration day, including $6 Trillion in 48 hours. If he stays the course, the worse is yet to come.
https://www.youtube.com/watch?v=sGb79cOQPOI
U.S. Economy ROCKED by $400 Billion Treasury Sell-Off - Allies Retaliating Against Tariffs
https://www.youtube.com/watch?v=P-Aqr2q7OUs
“Another 50% tariff on China on Wednesday”
Unless the Chinese concede quickly, Trump must carry out this threat. Again, he has taken a position from which it is difficult to retreat.
He used the same technique in his real estate career. In that market, he went bankrupt six times. We can hope his technique works better in foreign policy.
https://www.msn.com/en-us/money/markets/united-states-stock-market-in-free-fall/ar-AA1Csoh3?ocid=winp2fptaskbar&cvid=b8b9a2e5c9f648b7d9e94a574cf01763&ei=11
Another 50% tariff on China on Wednesday on top of the existing 54% (20% then another 34%) which makes it 104%...the insanity continues.
https://www.youtube.com/watch?v=svQfhaHM2T4
The U.S. is the loser in tariff war
https://www.youtube.com/watch?v=elxFmzSUVxU&t=161s
hopefully nobody here is "investing" with week or month horizons. on the opposite end, for those of us who've retired or are retiring, depending on our age, we also don't necessarily look at it like "i have a 10 or 20 year horizon". of course the past month or so is not the sole basis or horizon for decision making, and theoretically we already should have slowly re-allocated over the past 5-10 years. but we aren't looking at the past month for personal decision-making; we are just commenting on policy/economics. at least, despite certain stupid comments and jokes and yelling at clouds, i assume people aren't that foolish (you never know).
This idea of looking at markets for the past week or month is foolish, as in only a fool invests money for a week or a month. Money that is invested in the market should be allowed to sit for AT LEAST 5 years, 10 is better, 15+ is best. And in fact even with the market price today, the S&P 500 is UP compared to where it was 5 years ago.
In order to sell advertising, news stations need to make sure that people keep watching, and hyping-up gloom is one sure fire way to do it.
If you are nervous about the market, then find your favorite stock-based index fund, and buy 1 share while it is on sale.
the fake news was apparently all started from a fake twitter/x account (but "verified" ... for money of course). caveat emptor, indeed
there was no pause, but speculation of a pause (that turned out to be false) caused the major indexes to pop up 2-4% earlier in the day. currently down about 0-1%. obviously nobody knows where there is a "floor", where there may be a "bounce", or anything else, and news will change things for better or for worse soon enough.
latest projected S&P500 eps from goldman sachs (revised down) is about 262, putting the current 5000 level at about 19.x forward p/e, which is close to average for the past 10 years. so is it about right? the market may "think" that for the moment, but nobody knows.
Tariffs pause so market calmed down just a bit. It's tariff that caused the frantic sell-off last week because of the uncertainties and price rising caused by tariffs. As long as the threat of tariffs going into effect causing global economic devastation, companies will not invest and hire and will layoff even more.
Yes, that's what's driving the markets down. It's not so much the tariffs as the uncertainty.
Tariffs pausing.....all the flip flops...
https://www.msn.com/en-us/money/markets/wall-street-reverses-course-after-hassett-s-comments-on-tariff-pause/ar-AA1CspmL?ocid=winp2fptaskbar&cvid=b274dc5b80764becdd16dfbc978cd319&ei=17
OMG! We are his collateral damage!!!
https://www.youtube.com/watch?v=ajpyw7FPUKM
https://www.youtube.com/watch?v=HcNILY4gtNI
https://www.youtube.com/watch?v=Qxo2ToDM-uE
"Those tariffs next year will make us $1 trillion, in addition to the $1 trillion thousands of companies are going to relocate back into the United States,"
"In North Carolina, already, furniture people are starting to move back in. In Detroit and Michigan, which I won because of what I said, what I'm telling you, car companies are starting to open up. In Indiana, a big one is under construction, as an example, Honda. But they're moving in like nobody's ever seen this before."
Like nobody's ever seen before.
DJT
And the market has stabilized overnight.
See? Was that so bad? Just a small amount of pain and the patient is on its way to recovery.
I don’t know what y’all are prattling on about.
Everyone with any sense has been fully aware that the market was overpriced and due for a correction. There is no surprise that it corrected.
Regarding Billionaire Bill Ackman and his advice:
Well, you can now call Mr. Ackman Mr. FlipFlop:
https://qz.com/bill-ackman-trump-tariffs-stocks-markets-trade-war-1851775000
Bill Ackman says Trump tariffs will bring 'an economic nuclear winter' — and urges a 'ceasefire'
https://www.msn.com/en-us/money/companies/trump-official-admits-us-workers-won-t-get-jobs-in-new-factories-spurred-by-tariff-strategy/ar-AA1CoZsC?ocid=winp2fptaskbar&cvid=d39f2e0af0f042dad2a3a792723bbbf6&ei=21
His tariffs based on massive error, conservative think tank says.
Source: https://www.axios.com/2025/04/06/trump-tariffs-error-aei
Polling analyst Nate Silver shared the report on Friday on X, formerly Twitter, and wrote: "OMG they applied their stupid f***ing formula incorrectly?!?"
In a separate X post, Silver wrote that the administration "dramatically increased the chance of a recession, wiped out trillions on wealth, and delivered a COVID-magnitude shock to the global economy...because they applied their stupid f***ing formula incorrectly?"
Pau Pujolas, professor of economics at McMaster University, previously told Newsweek: "The way in which we calculate the tariffs is using a sophisticated quantitative model that needs to go through a supercomputer to speed up what the tariff rates are. I do not think that that's what they have done."
Source: https://www.newsweek.com/donald-trumps-tariff-formula-based-error-conservative-think-tank-2055893
https://www.msn.com/en-us/money/markets/how-egg-prices-could-change-under-trump-s-reciprocal-tariffs-plan/ar-AA1Cov1l?ocid=winp2fptaskbar&cvid=aeb723bde40b4f6af38b04cb08a7c282&ei=15
Liberation day tariffs caused 6 trillion dollars to vanished in market meltdown.
Seriously, who can stomach this except the billionaires...
https://economictimes.indiatimes.com/news/international/global-trends/only-the-weak-will-fail-trump-tees-off-as-6-trillion-vanishes-in-market-meltdown-triggered-by-liberation-day-tariffs/articleshow/119997540.cms?from=mdr
It was a choice. Choices have consequences.
https://www.msn.com/en-us/money/markets/trump-voters-are-pretending-like-they-were-duped-don-t-believe-it-opinion/ar-AA1CorVK?ocid=winp2fptaskbarhover&cvid=c0dbecbe09a248e6c0559710e10c380a&ei=22
Oligarchs rule the world!
“ Sometimes we have to be willing to take a personal pain for a greater gain”
You mean sometimes we have to accept that very rich people decide that we are going to experience pain for their potential gain.
Nothing “willing” about it.
Politically, Trump has taken a position he cannot quickly change.
In his first term, he broke the NAFTA treaty. One can argue the morality and wisdom of breaking treaties. But that treaty involved only the US, Mexico and Canada, so renegotiating it did not take long.
The tariffs announced last week affect all countries except Russia and its allies. That many tariffs can’t be renegotiated quickly. So we’ll live with uncertainty for months.
Under conditions of uncertainty, businesses reduce spending. Sales will slow, hiring will freeze, and we may get a recession.
On the bright side (for current employees) these conditions make it more difficult to sell or IPO SAS. So it will continue for longer under current ownership, which is more loyal and gentler to employees than any new owners will be.
SAS doesn't manufacture some kind of final good based on importing component goods that will be more expensive due to tariffs, and isn't public so isn't affected by a share price. Not sure why either of those two factors affects the overall business situation (flat or declining, at least in real terms, revenue, and needing to cut costs to maintain the profits) that creates conditions for layoffs. Unless you mean that its customers now also must do more with less (fewer people, fewer users, fewer renewals of expensive software, cancelling renewals, not buying new software), affecting the top line. Then that would probably accelerate layoffs. 2025 layoffs are presumably planned already, at least for Q2, so maybe the worry is Q3-Q4 or early 2026.
https://www.latintimes.com/trump-accused-using-chatgpt-create-tariff-plan-after-ai-leads-users-same-formula-so-ai-579899
At some point, "you have to decide to be citizen first, and consumer second." (quote from Saagar Enjeti)
Sometimes we have to be willing to take a personal pain for a greater gain.
@m0+1jqxy8vge Not fear mongering, just math. If Trump sticks with his tariffs, imported products become more expensive. That’s their purpose.
False.
I think between now and the end of this year, there will be a lot more layoffs, unless the tariffs are throttled back. China, Europe, and other countries are pausing/halting/freezing or stopping investments in the US - this is not good.