dwy000

So will they need to pay back all the tariffs collected from importers?

What pickle? Canada seems to be doing just fine. Taco trade.

There is no extraordinary peacetime threat. What's the threat from UK? What's the threat from India? Vietnam? Go ask Laura or Sean their view.

Not to mention that the power to execute trade deals lies with Congress not the President.

"So far the world has not fallen apart" is not the slogan you want when describing your government. Other than chaos absolutely nothing has been achieved on tariffs. Except to raise taxes.

Thats the Kool Aid response. There have been no deals. None. The UK has a preliminary discussion agreement but nothing signed. India had a lot of noise and has since gone quiet. Nobody agreed to 10%, that's just what the US did unilaterally. If all these desperate countries were banging down the door there would be dozens and dozens signed by now. Remember 90 deals in 90 days? Instead we have.....nothing. Trump at least taking his time before completely rolling over on this one.

So since the 90 day deferral when 200 countries were calling to make deals, has a single trade deal actually been signed? We are at day 50.

Bitcoin is the opposite of a hard asset. Its the epitome of a soft asset.

It just seems odd to be so angry about people expressing other opinions (even when they are supporters) with name calling, complaining and anger. Its the very thing youre complaining about.

Who? Who is cheering the Ukraine war not being over? I see complaints it wasnt ended as promised but I've never seen anyone cheering its not over.

Welcome to America!!! That's true of every issue, every single thing. Discussing things and having different views doesnt make people assholes. These people are supporting the concept and want to make it better and you call them assholes and complain that people complain about everything. Pot, kettle.

None of those in the article are against the accounts or looking to undermine it. It actually appears they want to improve on the idea. So they're "assholes" for that?

Who is "they"? Who are the "scumbags" youre reading?

Reuters now reporting that the video Trump showed during his meeting with SA President was actually footage from the Democratic Republic of Congo. It was footage from Congo's battles with Rwandan rebels. First the photoshopped MS13 tattoos and now fake SA video? If the Onion posted these things I would say it was too farfetched because no administration would be that stupid. I stand corrected.

USAID is $24bn (that includes the amounts the courts have since required to be paid). The language on endowments is not a blanket - it requires the Treasury Secretary to specify specific endowments due to support of terrorism, detail that evidence and it can be challenged in court. So years and years if ever. Medicaid cuts will have zero impact on anything until start of 2027 (if at all). The student loan payments are already in the budget.

USAID actual reductions (most of the DOGE stuff) is not all that meaningful. There's no change in taxation on foundations and endowments (that can't be done by executive order). Medicaid changes don't kick in for 2-3 years.

Yeah, what do those morons know about retail!

Far from breaking. But it is moaning. And the stock market has responded accordingly.

She's not making a market call or directional statement. Her comment is related to the fact that things are not behaving like they normally do. It could be nothing or, as she hints, it could be signs of something bigger and more long term. Even Jamie Dimon commented on the extraordinary amount of complacency. Everything is always meaningless until its not and then people trip over themselves to claim to be the one to have seen it coming. Both good and bad.

Citi CEO today: We are entering a new phase of globalization — one less defined by cooperation, and more by strategic self-interest. Long-held assumptions are being challenged, not just by tariff announcements but by a deeper confidence shock. The near-term impact is already being felt, and the long-term trajectory is being rewritten in real time. If you’re looking to markets for clarity, you might be a tad disappointed. But if you’re looking for signals, they’re everywhere. Treasury yields rose even as equity markets wobbled. The U.S. dollar, typically a safe haven, has weakened at moments when it used to rally. That tells us something deeper is going on — investors aren’t just pricing near-term risks; they’re reevaluating the credibility of long-held certainties. It's showing up in how capital moves. Pensions and asset managers are tilting more towards Japan, India and parts of Europe. Hedge funds are being selective and didn’t chase the April equity bounce. Sovereign wealth funds are diversifying more aggressively. Hedging against the dollar is now at levels we haven’t seen in years.

I said 10 years ago (i was wrong more like 15). Japan's population peaked in 2010 and then started shrinking. The US has similar curve trend going on. It's been supported by immigration but current policies would curtail that support

Japan looks a lot like the warning case for the US but 10 years ahead. Their economy has stagnated for decades with some of the highest debt levels in the world. The leading tech player that got overtaken by others because of antiquated rules and policies. The US population is headed towards what Japan's looks like. Stagnant birth rates below replacement and a rapidly aging population that will cost the govt a fortune once they retire.

Just picked up a prescription for my wife. Despite repeated assurances the drug price did NOT drop 30-80% since the last time. Can I speak to the manager?

Moody's downgrades US from AAA to Aa1

Luckily (pure luck), I looked into it after the market had closed so dodged a bullet. One day later and it would have been a different story. Whew.