#Trump trade

[trendynewsnow]

The Impact of Donald Trump's Election Victory on Financial Markets

The Impact of Donald J. Trump’s Election Victory on Financial Markets Donald J. Trump’s unexpected election victory sent shockwaves through financial markets, sparking a flurry of activity as investors recalibrated their strategies. Just one week post-election, the so-called “Trump trade” took hold on Wall Street, reflecting a significant shift in economic expectations and corporate…

[destielmemenews]

"Trump Media's stock price fell sharply in morning trade on Wednesday, sliding $2.79, or 15%, to $15.84 — its lowest level since the shares made their public market debut in March. The stock is down 76% from its closing high of $66.22 on March 27, a day after it listed on the Nasdaq Composite index."

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[rateducates]

Get ready for the great depression number 2!

https://www.nytimes.com/2024/11/06/us/politics/trump-us-global-leadership.html

[dontmean2bepoliticalbut]

[bhodi-anjo-daishin]

Ok…maybe the best ad of the 2024 campaign season! Lol

[serethespider]

if you live in the usa and want to stop trump from taking office there's a candidate we can all rally behind that isn't wholeheartedly supporting genocide and is running on a platform of actual leftism and liberation!! IF THE LEFT CAN UNITE TO BACK BIDEN (and people on here scolding and berating people for not voting for him certainly believe we can and should) THEN WE CAN UNITE TO BACK SOMEONE ELSE. VOTE CLAUDIA DE LA CRUZ

[wen316]

No mean comments please , if you don’t agree , pass on by , you have your right but respect my rights , also . Thank you . 😊

Assassination attempt on former President Donald Trump , July 13th , 2024. A miracle from God , the bullet missed by milliseconds with just a slight turn of the head at just the right moment and the bullet hit his eat rather than going thru his head .

[muddypolitics]

(via Trump Goes Full Racist In Front Of Black Journalists - TPM – Talking Points Memo)

The Q&A session began with Scott asking Trump a direct and eloquent question about why Black voters should trust Trump due to his record of racist remarks and actions. It’s worth reading the question in full:

“You have pushed false claims about some of your rivals, from Nikki Haley to former President Barack Obama, saying that they were not born in the United States, which is not true. You have told four congressmen, women of color, who were American citizens, to go back to where they came from. You have used words like ‘animal’ and ‘rabbit’ to describe Black district attorneys. You’ve attacked Black journalists, calling them a ‘loser,’ saying the questions that they ask are ‘stupid and racist.’ You’ve had dinner with a white supremacist at your Mar-a-Lago resort.

“So, my question, sir, now that you are asking Black supporters to vote for you, why should Black voters trust you after you have used language like that?”

Trump responded belligerently.

“Well, first of all, I don’t think I’ve ever been asked a question in such a horrible manner, a first question. You don’t even say hello. Who are you? Are you with ABC? Because I think they’re a fake news network. A terrible network,” Trump began.

“I think it’s disgraceful that I came here in good spirit. I love the Black population of this country, I’ve done so much for the Black population of this country,” he said, a line he attempted to push throughout the interview sans evidence.

[trendynewsnow]

Market Sentiment Cautious as Political Uncertainty Affects Trends

Market Sentiment Remains Cautious Amid Political Uncertainty Risk-off sentiment continued to dominate market trends as the week commenced, with major indices in both Europe and the US experiencing a downturn. The pan-European Stoxx 600 index saw a decline of 0.3%, while the S&P 500 followed suit, dropping by 0.28%. Additionally, the CBOE Volatility Index (VIX), often referred to as the “fear…

[amazing-spiderling]

HEY WHAT'S UP Y'ALL COOL KIDS. ARE YOU A FAN OF MARVEL BLORBOS BUT WOULD LIKE THEM EVEN MORE IF THEY WERE CUTE AS FUCK? WELL HAVE I GOT A DEAL FOR YOU

If you enjoy goofy collectibles with a custom flair and a crapton of sparkles, might I interest you in one (or more!) custom decorated toploaders? What if I told you you could bid on some right now? What if I told you all the money would go to some pretty awesome charities helping out people around the world? What if I told you you have a beautiful smile? (I just thought you ought to know.)

Well, if any of that piques your interest, you (yes, you) can mosey on over to my auctions over on the Marvel Trumps Hate website, and help me help you help some very good causes with a charitable bid. In return I'll craft my very best, specialist, shiniest little handcrafted toploaders holding trading cards of your (Marvel) hyperfixation!

Even if you're not looking to start a uwu Marvel hero collection, you should check out MTH anyways, because there are a ton of phenomenal creators offering SO much cool stuff. And if you're not in a position to bid at the moment, no worries on that either- but a reblog on this post (or my official MTH post) would be rad as hell.

Thanks for taking the time to checking out this post! You are a star in the sky!♥

[curioscurio]

not to be a freak but I think when Trump loses he will either kill himself or Putin will let loose the real assasins. it's just the smart move like he knows too much and he's losing all the power he used to have lol. like if I were putin I'd be worried about what kind of information a desperate man like Trump is willing to surrender once he's caught 👀

[diocletianscabbagefarm]

It is admittedly kinda funny (in a 'mask off' kind of way) that suddenly no one is advocating for freezing the Ukraine conflict at the current control/line of contact anymore now that a couple hundred square miles of Russian territory is contested.

[sotomato06]

trump isn't even in office yet and companies are already buying up stock to avoid these tariffs. For anybody who was unaware, we pay the tariffs. Not China. Prices are going to rise, it's going to be instant. Trump is going to collapse the economy

[justinspoliticalcorner]

Craig Harrington at MMFA:

The economic policy provisions outlined by Project 2025 — the extreme right-wing agenda for the next Republican administration — are overwhelmingly catered toward benefiting wealthier Americans and corporate interests at the expense of average workers and taxpayers. Project 2025 prioritizes redoubling Republican efforts to expand “trickle-down” tax cuts for the wealthy and deregulation across the economy. The authors of the effort’s policy book, Mandate for Leadership: A Conservative Promise, recommend putting key government agencies responsible for oversight of large sectors of the economy under direct right-wing political control and empowering those agencies to prioritize right-wing agendas in dealing with everything from consumer protections to organized labor activity. [...]

Project 2025 would chill labor unions' abilities to engage in political activity. Project 2025 suggests that the National Labor Relations Board change its enforcement priorities regarding what it describes as unions using “members' resources on left-wing culture-war issues.” The authors encourage allowing employees to accuse union leadership of violating their “duty of fair representation” by having “political conflicts of interest” if the union engages in political activity that the employee disagrees with. [Project 2025, Mandate for Leadership, 2023; National Labor Relations Board, accessed 7/8/24]

Project 2025 would make it easier for employers to classify workers as “independent contractors.” The authors recommended reinstating policies governing the classification of independent contractors that the NLRB implemented during the Trump administration. Those Trump-era NLRB regulations were amended in 2023, expanding workplace and labor organizing protections to previously exempt American workers. [Project 2025, Mandate for Leadership, 2023; The National Law Review, 6/19/23; National Labor Relations Board, 6/13/23]

Project 2025 would reduce base overtime pay for workers. The authors recommend changing overtime protections to remove nonwage compensatory and other workplace benefits from calculations of their “regular” pay rate, which forms the basis for overtime formulations. If that change is enacted, every worker currently given overtime protections could be subject to a slight reduction in the value of their overtime pay, which the authors claim will encourage employers to provide nonwage benefits but would effectively just amount to a pay cut. The authors also propose other changes to the way overtime is calculated and enforced, which could result in reduced compensation for workers. Overtime protections have long been a focus of right-wing media campaigns to reduce protections afforded to American workers. [Project 2025, Mandate for Leadership, 2023, Media Matters, 7/9/24]

Project 2025 proposes capping and phasing out visa programs for migrant workers. Project 2025’s authors propose capping and eventually eliminating the H-2A and H-2B temporary work visa programs, which are available for seasonal agricultural and nonagricultural workers, respectively. Even the Project 2025 authors admit that these proposals could threaten many businesses that rely on migrant workers and could result in higher prices for consumers. [Project 2025, Mandate for Leadership, 2023]

Project 2025 recommends institutionalizing the “Judeo-Christian tradition” of the Sabbath. Under the guise of creating a “communal day of rest,” Project 2025 includes a policy proposal amending the Fair Labor Standards Act to require paying workers who currently receive overtime protections “time and a half for hours worked on the Sabbath,” which it said “would default to Sunday.” Ostensibly a policy that increases wages, the proposal is specifically meant to disincentivize employers from providing services on Sundays as an explicitly religious overture. [Project 2025, Mandate for Leadership, 2023]

[...]

International Trade

Project 2025 contains a lengthy debate between diametrically opposed perspectives on international trade and commerce.Over the course of 31 pages, disgraced former Trump adviser and current federal inmate Peter Navarro outlines various proposals to fundamentally transform American international commercial and domestic industrial policy in opposition to China, primarily by using tariffs. He dedicates well over a dozen pages to obsessing over America’s trade deficit with China, even though Trump’s trade war with China was a failure and as he focused on China, the overall U.S. trade deficit exploded. Much of the rest of Navarro’s section is economic saber-rattling against “Communist China’s economic aggression and quest for world domination.”In response, Kent Lassman of the conservative Competitive Enterprise Institute promotes a return to free trade orthodoxy that was previously pursued by the Republican Party but has fallen out of favor during the Trump era.

The Heritage Foundation’s Project 2025 agenda would be a boon for the wealthy and a disaster for the working class folk.

See Also:

MMFA: Project 2025’s dystopian approach to taxes