Skip to main content

Posts

Showing posts with the label DOGE

SHOULD YOU BE CONCERNED ABOUT SOCIAL SECURITY?

President Donald Trump's 90-day tariff reprieve, with China being the only exception, spurred the stock market to soar yesterday, the S&P by 9%, the third-largest gain in a day since WW2, the Dow Jones had its biggest percentage gain since March 2020 and the Nasdaq the biggest one-day gain since January 2001, and second largest ever. However , noting that this 90-day delay will still mean a 145% duty of all goods from China, 25% tariffs targeting much from Canada and Mexico and 10% levy on all other imports from the world over, the market sank again today:  S&P dropped 3.46%, Dow Jones down 2.5%  (1,015) and Nasdaq Composite declined 4.31%.  Gold rose to $3117.60/ounce, 3.2% higher.  Bitcoin fell to just under $80,000, Coinbase fell 6%, while Ether and Strategy lost 8%.  Tomorrow?  Depends on what Trump does to further his insider options. Time  magazine speculated : Other Democrats raised more serious concerns. Sen. Adam Schiff of California t...

PRESIDENT DONALD TRUMP on THE ECONOMY and OTHER MATTERS

 President Donald Trump said this weekend: Is not joking about a third term .  Which is better for the U.S. than he unilaterally just becoming a dictator. Will absolutely deliver on his massive  reciprocal tariff plan on April 2 .  He dubs it Liberation Day. Reasserted that the  U.S. would 100% annex Greenland . Will ban refugees....except for White South Africans .  Guess from where comes Elon Musk?  If so, how many refugees has so far expressed interest?   67,000 . Will approve Canadian firm, The Metals Company, to  mine the deep seabed , circumventing international law, drawing denouncement from 40 countries. Lethargic help to Myanmar  recovering from the damage caused by a 7.7 earthquake.  USAID cuts reduces our ability to provide assistance worldwide. Very angry and pissed off at Vladimir Putin  for continuing the Ukraine-Russia War, a first for Trump, who has been giving the Ukraine house away. From the New York Time...