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Macron says €300B in EU savings sent to the US every year will be invested in EU

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Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#211

Earlier quoted context omitted.

Fantastic for my knowledge worker 401(k)!

Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That coupled with the dollar losing 10% of its value in a year, of course stocks are higher than before. Inflation and dollar losing value = winning!

>Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around?

That's been going on for many presidents in a row, in no way unique to Trump. Bush and Obama take the cake.

>That coupled with the dollar losing 10% of its value in a year

Is this some new virtue signal on BlueSky? USD is still trading in its channel at above historic averages. This is like saying the US market is crashing because we had a -2.5% day on Tuesday. Look at DXY and zoom out. It's been flat since May.

>of course stocks are higher than before. Inflation and dollar losing value = winning!

Three consecutive years of solid double digit market growth that has outpaced inflation and dollar valuation. Tell me you know nothing about financial markets without telling me you know nothing about financial markets.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#212

Earlier quoted context omitted.

You should understand what the term "third-world" means. It is not the synonym for a "developing country", let alone "shithole country".

You and I both know in what context they used that statement. Enjoy getting offshored.

Offence is taken, not given. I think it's an overreaction trying to find something to get offended about, instead of seeing the essence of what the parent was trying to clumsily say.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#213

Earlier quoted context omitted.

Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That coupled with the dollar losing 10% of its value in a year, of course stocks are higher than before. Inflation and dollar losing value = winning!

>Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That's been going on for many presidents in a row, in no way unique to Trump. Bush and Obama take the cake. >That coupled with the dollar losing 10% of its value in a year Is this some new virtue signal on BlueSky? USD is still trading in its channel at above historic averag…

> That's been going on for many presidents in a row

You were attributing your "knowledge worker 401(k)" growth to Trump though?

> Is this some new virtue signal on BlueSky?

No, I'm not on BlueSky or any social media. Is this a poor attempt at some Trumper "own"?

> USD is still trading in its channel at above historic averages.

Look at the chart after "liberation day" in April. It's been down since then and stayed there. Not a very good sign for his policies.

> Three consecutive years of solid double digit market growth that has outpaced inflation and dollar valuation

I agree, Biden did well with covid recovery. Not sure how electing Trump did much for us other than cause a market crash in April (and subsequent dip buying) and weaken the USD?

> Tell me you know nothing about financial markets

Oh, I know plenty and I'm actually bullish on stocks because there is so much free money going around. It would be stupid not to have your money in assets with such high inflation on the horizon. I just find it funny that you're touting bad policy as a win when his whole campaign was about "Biden's inflation" causing high prices and Republicans are supposedly for being fiscally responsible yet the OBBB goes against that.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#214

Earlier quoted context omitted.

To be fair, the US has been growing its federal debt my whole life. It is one of those things that seems unsustainable but then it continues. Of course, it is sustainable because of US dollar dominance in the world and that may be faltering with Trump, especially if the Federal Reserve loses its independence.

Every sentence here seems reasonable, weird to see it gray. I really do wonder what's going to end up happening with the debt...I think we've crossed the point of no return, but I'm not sure. Interest on the debt now exceeds military spending, and US military spending is about 40% of all NATO defense spending. I've thought about this since I was young, and was fascinated that no one thought it was going to become a p…

Hyperinflation is most likely, pay the debt with useless dollars. Other option is Debt Jubilee, which the Gov't would need to force lenders to write off the debt.

All the petrodollar stuff seems like they are trying to keep the dollar valuable while it hyperinflates AKA knock everyone else's value down while being the most valuable even if it is like $1 trillion to $1 today

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#215
post #151

Earlier quoted context omitted.

I think if people were forced to invest their pensions in shitty EU stocks there would be push back. Also moving public sector pensions into EU stocks won't deliver the growth required, they are already unsustainable.

But there's a chicken and egg effect here in that the stock prices are low because of low investment and the stocks are bad because the stock prices are low. For instance, Meta has basically doubled in price from a few years back but their business is basically identical. Doesn't seem very efficient to me, at least.

I doubt that. Investment firms exist to find an edge. Any mispricing would be eventually exploited because the incentive to do so is so huge. That's what value investing is.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#216

Earlier quoted context omitted.

>Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That's been going on for many presidents in a row, in no way unique to Trump. Bush and Obama take the cake. >That coupled with the dollar losing 10% of its value in a year Is this some new virtue signal on BlueSky? USD is still trading in its channel at above historic averag…

> That's been going on for many presidents in a row You were attributing your "knowledge worker 401(k)" growth to Trump though? > Is this some new virtue signal on BlueSky? No, I'm not on BlueSky or any social media. Is this a poor attempt at some Trumper "own"? > USD is still trading in its channel at above historic averages. Look at the chart after "liberation day" in April. It's been down since then and stayed the…

>You were attributing your "knowledge worker 401(k)" growth to Trump though?

You were attributing the "cutting taxes while keeping government spending high AND lowering interest rates" specifically to Trump though?

>No, I'm not on BlueSky or any social media.

Yet you suffer from the same brainrot.

>Is this a poor attempt at some Trumper "own"?

Is this a poor attempt at some pantifa "own"?

>Look at the chart after "liberation day" in April. It's been down since then and stayed there. Not a very good sign for his policies.

Yes, it is still trading in its channel at above historic averages. A regression to the mean, the same drop happened under Biden in 2022. Not a good sign for [Biden's] policies.

>Not sure how electing Trump did much for us other than cause a market crash in April (and subsequent dip buying) and weaken the USD?

Of course you're not sure because you're financially illiterate. We're hitting all time highs again.

>Oh, I know plenty and I'm actually bullish on stocks because there is so much free money going around.

ZIRP is over. You're bullish because the market is hitting ATH under Trump. I've been selling puts all year to gullible "investors" that thought, and still think, the market is going to crash, any time now, under Trump.

>It would be stupid not to have your money in assets with such high inflation on the horizon.

"Inflation is on the horizon!" they screamed for an entire year. Trump's first year of his second term CPI was 2.7%, lower than any Biden year.

>I just find it funny that you're touting bad policy as a win when his whole campaign was about "Biden's inflation" causing high prices and Republicans are supposedly for being fiscally responsible yet the OBBB goes against that.

People find things they don't understand funny, news at 11.

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