I can tell you now we are already in a recession. But he claims no recession and of course that trade talks are going really well... Just more political lies.... He also said business executives have been telling him that companies are pushing to move their overseas operations back to the U.S, while consumers are buying up foreign goods because they are “worried about future tariffs.” “So everything’s through the roof, anecdotally,” he said, adding that recent U.S. jobs report data is “really, really good.” https://www.cnbc.com/2025/04/14/trump-tariffs-recession-hassett-insider-trading.html
The more problems you hunt for, the more confused/angry/furious/tormented you will be. And the shorter your miserable life will be. The more opportunities you hunt for, the more joyful you will be. And the longer your joyful life will be. Focus on the chart rather than going round the whole world looking for problems after problems after problems. Anyway, next problem please.
There are a lot of angry miserable insecure insufferable intolerant traders. This industry seems to attract those types. Any trading forum social media site you will observe it. Money seems to make people primal tribal, short tempered, close minded even delusional borderline psychotic
Don't see any signs of recession. Paid $42 for two at the concession stand for a movie. Had to wait 30 min. at a Mexican restaurant for a table. Everyone seems happy that I hung with this past weekend.
never say never , q3 is likely to be the first negative gdp q. https://www.bloomberg.com/news/arti...er-tariffs-take-effect?srnd=homepage-americas China’s Sea Cargo Flow Starts to Slow After Tariffs Take Effect China’s ports handled 244 million tons of cargo last week, 10% less than a week earlier and down 4% from the same week in 2024, according to Ministry of Transport data released Monday.
Hello@S2007S , @S2007S got stuck last week on the Short on April 8th like alot of short sellers who thought the market was going down the ground. @S2007S is losing tons of money right now. He needs help shorting. Sorry @S2007S, this not like the 80s and 90s CME pit where floor traders would help each other if they are stuck with the pants down and bail them out. You are stuck, take your loss like a man, and get out. There is nothing you can do about it. Maybe you can take a short term high interest loan to sell more contracts to get you out of the bad trade. I am really sorry for your loss. I assume you are stuck holding alot of ES contracts or some SPY Puts. Take an equity out on your house to sell and hope the market lets you out. @S2007S I am sorry for your loss. View attachment 364860
You will see.pockets of strength in areas but that doesn't signal the fact consumers are still happily consuming....hundreds of thousands of people are losing their jobs as DoGe sweeps the nation...this on top of uncertainty of small businesses cutting back as well due to tariff war will all snowball into the economy by end of this year.... Also a down equities market with most getting their quarterly report will pull back from spending the next few quarters as they are seeing tens and hundreds of thousands wiped off their portfolios. One guy i know was down 200k and another person I know lost nearly 75k in a week in her retirement...so multiply this by millions of people and that in ittself could definitely push down consumer spending which 70% of that is tied to gdp. . Recession is here. You'll see it unfolding the next 6 to 2 months in almost all economic activities.