American Politics

[Elvis 2008]

Trapped by all these falling knives, and an impending recession, clearly the bears have complete control of the market now. At this point, whatever hell I go through in the office, I can't even quit anymore. I'm trapped in a shitty work environment and my money is trapped in all these so called mag 7 stocks, until a miracle happens and the stock market recovers. I can't sell, I got no cash to dca down. This fucking sucks, and it sucking fucks.

There is a glimmer of hope though, following the reverse Cramer thesis, he just said it's time to abandon ship on the mag 7, which means it's time to load up. But then if I start buying, then it'll definitely crash. There's just no winning here *sigh* FML.

The market has been overpriced for years, and the reason it was going up is Biden was going into massive debt and flooding the system with cash. Then there was the promise of AI. After trudging through all of SC's post, he finally got to why he bought Nvidia and why. I was not convinced but I did a deep dive on the subject just to be sure.

Best piece I found was here, and it is a free download: https://www.goldmansachs.com/insight...little-benefit.

This is the bull case: Again, I readily acknowledge that the return on invested capital (ROIC) visibility is currently low, and the transformative potential of AI will remain hotly debated until that becomes clearer. But AI skeptics miss three key things.

One, training on existing / historical data to inform and drive analytic outcomes in the future sounds exactly like going to.

Universitypeople go to learn and then improve productivity and efficiency for decades after graduation, and machines can.

Absolutely do the same. Two, machines today can do a whole host of tasks more productively and efficiently than humans.

And that will remain true for decades into the future. And three, people didn't think they needed smartphones, airbnb, or uber.

Here is the best one line of the bear case: But eighteen months after the introduction of generative AI to the world, not one truly transformativelet.

Alone cost-effectiveapplication has been found.

So my response to point one of the bulls is learn what? For point two, we knew machines could do things better than humans before AI was even being talked about. And third, I knew the internet and smart phone were cool when I first used them and continued to do so. I have played with chatgpt and after doing so, put it away, but I did not put away my internet use or cell phone.

Back to the bear:

Since the substantial spend on AI infrastructure will continue despite my skepticism, investors should remain invested in the beneficiaries of this spend, in rank order: chip.

Manufacturers, utilities and other companies exposed to the coming buildout of the power grid to support AI technology.

And the hyperscalers, which are spending substantial money themselves but will also garner incremental revenue from the.

AI buildout. These companies have indeed already run up substantially, but history suggests that an expensive valuation.

Alone won't stop a company's stock price from rising further if the fundamentals that made the company expensive in the first.

Place remain intact.

So as long as Nvidia has buyers for their chips, keep investing in it.

I do not think people get that Nvidia was in gaming, and gaming more than anything pushed computers to be faster and better. A $100 PC today can do almost everything people need it to. It can even run old games just fine. In fact, only 5 of the top 20 games on metacritic were produced in the last 5 years. Newer, bigger, and more powerful did not mean better.

So what Nvidia is doing is building better and faster chips for the AI world, there are no fucking games / must have apps yet. You can download a deepseek program that has been tweaked to not have Chinese censorship and put the whole thing on your computer. Sure, open AI can create faster and more expensive models, but no one knows if they will be needed. Again, there are no fucking games / apps that are must haves. If deepseek is enough to run the future killer apps, if there even are any, then Nvidia is fucked.

The other bump in the road is these super fast AIs need huge amounts of power. The bull case for growth is limited by quantity of electricity. It is like EVs and lithium. There is not enough lithium for everyone to have an EV. The manic modeled growth for AI is dependent on doubling the amount of power in our grids. That is not an easily done.

And back to the bull:

So, I don't expect companies to scale back spending on AI infrastructure and strategies until we enter a tougher part of the economic cycle, which we don't expect anytime soon. That said, spending on these experiments will likely be the one of the first things to go if and when corporate profitability starts to decline.

What has changed since this correct statement is that Trump is president and he seems to be pulling money out of the system and deepseek has made the tech big boys question if their investment is necessary.

I have read how AI is going to take over war. The fighter pilot cannot take on things like changes in g force like AI can. Then you read this: The human brain is 10,000 x more effective per unit of power in performing cognitive tasks vs. Generative AI. This means you are like a century away from AI fighter pilots. In fact, AI along with humans will likely happen first.

And I abhor the use of the term investor. You invest a product. These guys are likening the growth of AI to smart phones when they do not even have a fucking product. So you are not investing in anything with AI, you are speculating and when you speculate, you have no idea what something should cost.

[Elvis 2008]

Most people don't understand the American / Chinese relationship up to now. It's not been one of China leaching of America, but a symbiotic economic one in which the Chinese lent the money to America to buy their cheap goods: America bought chinese goods, China recirculated the money into Treasury's. If that derails, American debt yields rise massively, so does inflation, so do your taxes. The tariffs are the icing on the cake. Musk is an idiot who is not making any material difference. If he were going to reform your healthcare system (the most expensive in the world yet still unjust and crap) I would be impressed.

China did not lend the USA money. They bought bonds that were already issued on the open market. If China did not buy them, someone else would have. But having goods produced in China did lower prices and allowed the USA to keep inflation down which in turn allowed for lower interest rates.

The notion though that the USA has mountains of debt while China has none is ridiculous. China has more debt than the USA as it borrows to build things today that no one uses or needs to keep people employed. China just has a tendency to push this debt down to the city and state level.

[Elvis 2008]

If you can't think of anything big and good that Biden did, then you aren't thinking very much at all and being totally unfair. In any event, Biden wasn't the candidate. It was the VP Harris. That said, I'm not here to try to prove the case.

Not only do Wingers like Tiny not notice anything Biden accomplished (historic positive results)

It is funny how neither of you listed anything. When I read through Biden's accomplishments, they all involved printing money to pay for something or just being in place when the pandemic ended. In fact, cranking up the government printing press is what Trump did as well. I do not see any difference between Biden's and Trump's policies.

But the real point is if Biden was so damned great, why did you all get rid of him before the 2024 election? We all know the reason is because he would not win.

As far as that goes, Ronald Reagan was showing signs of dementia towards the end of his last term, and he was so popular I think he would have won in 1988 had he run.

I think the biggest difference with Biden and Trump has to do with war and the loss of life. Trump and Putin both have said the Ukraine war would not have happened on his watch, and I think Trump would have reigned in Netanyahu more than Biden did. The Biden administration was awful in foreign affairs.

[Sirioja]

If low level brained Trump was more clever, rather than sucking Putin to find new market, when he is losing versus Europe and China, he should know Russia economics is about to fall on 2025 , then no more money for war and his friend Putin would lose and return home. Rather than threatening blackmailing poor Ukrainians to rob them, maybe, if they kept their land and freedom, they could be happy to make business with USA for metals and minerals. But from his behavior, most of the world hate Trump and USA at the moment.

[Sirioja]

With Trump and his ketamine asperger fool, many lost jobs and economics recession and inflation to come. Enjoy to be deeply fucked, no brained USA. Putin will keep on his war. Other countries will resist to USA gang of crazies. I support Mexico, Canada and Greenland / Denmark versus Neron shameful schizophrene threatening blackmailing Trump.

[SubCmdr]

Ok, let's just stick to the facts and see if you are speaking truth or just more of your lies and insults.

Nvida chips are the ones that have allowed for the RACIST Musk to advance further than anyone other vehicle manufacture on the autonomous driving feature using AI.

Despite developing its own chip, Tesla still relies on Nvidia GPUs for training its deep neural networks on a massive scale. Tesla uses an in-house supercomputer named Dojo, which is powered by Nvidia A100 Tensor Core GPUs to train its neural networks for Autopilot and self-driving capabilities. This supercomputer can achieve an industry-leading 1.8 exaflops of performance.

Tesla's Autopilot system is classified as Level 2 under the SAE six levels of vehicle automation, meaning it requires active driver supervision and is not fully autonomous.
Nvidia, on the other hand, works closely with Tesla to provide the necessary hardware and software for training and development of autonomous driving features.

Tesla's decision to use Nvidia GPUs for training its neural networks is crucial for continuous improvement and validation of its Autopilot features. The company collects data from over 1 million cars driving on the road to refine and build new features for its autonomous driving technology.

In summary, while Tesla has developed its own custom chip for autonomous driving, it continues to use Nvidia's GPUs for training its neural networks, highlighting the ongoing collaboration between the two companies.

Taking the rock straight to the hole and dunking right in his face.

Oooooooh that was nasty!

[EihTooms]

If you can't think of anything big and good that Biden did, then you aren't thinking very much at all and being totally unfair. In any event, Biden wasn't the candidate. It was the VP Harris. That said, I'm not here to try to prove the case. I'm not interested in trying to change anyone's mind. That's just a waste of time. So, believe what you want to. I just say you're wrong and move on. People say you can't easily change someone's mind by starting out with telling them they are wrong. Well again, I'm not interested in changing minds! But if I feel strongly about it, then I just might say the other side is wrong. How someone can think Trump the convicted felon (and that's just to start) is the lesser of evils and a suitable leader and representative of America on the world stage is beyond me! He's the worst President ever if you ask me due to a lack of respect for the Constitution and his attempt to overturn a free and fair election in what used to be the world's greatest democracy.

LOL. For me, Ultra MAGA Winger Tiny pulled this straw man argument out of his ass:

Tooms, I hope someday you'll realize that the national debt was a bipartisan affair. And presidents don't have as much to do with the economy as you think they do. On a % of GDP basis, I imagine the biggest jump in the national debt occurred during FDR's presidency. And if you're going to pin the debt from COVID on Trump, then you've got to pin the debt from WWII on FDR.

I had JUST posted a link showing that adjusted for inflation and going back to 1913 the Dems and Repubs increased government spending and the debt by almost equal amounts but that the Repubs added more to it by $0. 2 Trillion.

And ANOTHER link showing that Trump spent TWICE what Biden spent on Covid AND non Covid expenditures. With NO mention that it was evil Covid that forced poor put upon Trump to jack up his government spending to record highs. The fact that his non Covid expenditures were already TWICE what Biden's non Covid expenditures were is proof enough that in typical classic Repub fashion Trump was determined to spend TWICE as much as the nearest Dem and break all government spending records regardless whether he had found and embraced a golden opportunity like Covid to do it or not. That is just what they do.

The larger point was Trump's record breaking government spending and deregulation produced exactly zero net gain for the economy and jobs creation in light of the fact that his classic Repub general legislative nothingness and blithering stewardship produced the worst jobs creation and business crashing results of all time.

Oh, so he cut corporate tax rates and deregulated, did he? Impressive. Are we supposed to love that process and ignore the results? Every Repub seeks to lower tax rates for corporations and top margins and deregulate. Hooray. Let's just ignore the fact that whatever process they apply to accomplish it, Repubs' policies and stewardship has RESULTED in every Great Depression, Great Recession and Massive Jobs Destruction in the millions of the past 100 years and none of the Great Recoveries, Great Expansions and Historic Jobs Creation. Oh, but their tax cuts for the wealthy and deregulation was beautiful. Lolol.

And, again, along the way they somehow spent MORE than Dems but still managed not to propose, fight for and pass one solitary Great Legislative Program when they controlled the WH, House and Senate in all that time equal to so much as the least of those produced by Dems. Hell, forget anything close to Social Security and Unemployment Benefits. Trump cut corporate tax rates, deregulated, plunged America into the worst economic downturn and jobs destruction since Hoover and still somehow managed not to pass one sentence of Infrastructure Legislation after 4 years of pretending to try while Biden passed a historic Infrastructure bill and a Science and Chips Act that even virulent America-hating Winger Repubs are rushing to protect from President Musk's Chainsaw.

Results count. Process is interesting but ultimately meaningless compared to Results.

Not only do Wingers like Tiny not notice anything Biden accomplished (historic positive results), but apparently the only thing they can recall that FDR accomplished after top marginal tax cutters and deregulator Repubs Coolidge / Hoover handed him one of the worst economic results in history was to spend government money. LOL.

[Sirioja]

Neron Trump wants to suck Putin, but after killing Ukrainians and still doing, Putin may fuck Trump and USA. Putin is not trustable, when he didn t respect what he signed 10 years ago. Most sure way to stop Putin is to make Russia broke with no more money for weapons and meats sent to war, otherwise he won t stop to kill. Our world have to isolate Russia and block their money, not to make business sucking him.

[The Cane]

Gentlemen, Please remember the bastards are the politicians, not fellow board members. I'm reluctant to wander back in here right now for fear of plodding around in feces.

Xpartan, it's no great mystery why intelligent people like Axel and Elvis favor Trump. They believe he was the lesser of evils. I can't think of anything both big and really good that Biden did. Trump on the other hand cut the corporate tax rate and deregulated. And for a time got North Korea to stop long range and intermediate range ballistic missile tests, just by buddying up to Kim. Unfortunately he then proceeded to destroy his legacy by trying to steal an election. And his second round of trade wars won't help either.

By virtue of where I live and the industry I've worked in, the majority of my friends are like Elvis and Axel. Most of them are very intelligent, and like Trump more than Axel and Elvis. And I can say with respect to my friends, most are not racists. A couple are. One told me he would off me it it was desirable to improve the gene pool..

If you can't think of anything big and good that Biden did, then you aren't thinking very much at all and being totally unfair. In any event, Biden wasn't the candidate. It was the VP Harris. That said, I'm not here to try to prove the case. I'm not interested in trying to change anyone's mind. That's just a waste of time. So, believe what you want to. I just say you're wrong and move on. People say you can't easily change someone's mind by starting out with telling them they are wrong. Well again, I'm not interested in changing minds! But if I feel strongly about it, then I just might say the other side is wrong. How someone can think Trump the convicted felon (and that's just to start) is the lesser of evils and a suitable leader and representative of America on the world stage is beyond me! He's the worst President ever if you ask me due to a lack of respect for the Constitution and his attempt to overturn a free and fair election in what used to be the world's greatest democracy.

[HotDog666]

Gentlemen, Please remember the bastards are the politicians, not fellow board members. I'm reluctant to wander back in here right now for fear of plodding around in feces.

Xpartan, it's no great mystery why intelligent people like Axel and Elvis favor Trump. They believe he was the lesser of evils. I can't think of anything both big and really good that Biden did. Trump on the other hand cut the corporate tax rate and deregulated. And for a time got North Korea to stop long range and intermediate range ballistic missile tests, just by buddying up to Kim. Unfortunately he then proceeded to destroy his legacy by trying to steal an election. And his second round of trade wars won't help either.

By virtue of where I live and the industry I've worked in, the majority of my friends are like Elvis and Axel. Most of them are very intelligent, and like Trump more than Axel and Elvis. And I can say with respect to my friends, most are not racists. A couple are. One told me he would off me it it was desirable to improve the gene pool.

SubCmdr brought up an important point about bonds. If you're buying junk bonds issued at close to par value, and they can be called at slightly higher prices than what you're paying, the risk / reward ratio is probably out of whack. Like him, I prefer equities because I understand them better and believe there's more value in investing in them in the long term. I believe there are some tax traps associated with high yield bonds too if you hold them to maturity, although they could be avoided if you purchase them in an IRA.

Spidy, I agree with you, and I suspect Elvis would too, about abortion in some red states. What Texas is doing borders on nuts. I gladly put up with it because of otherwise efficient, well run government.

Tooms, I hope someday you'll realize that the national debt was a bipartisan affair. And presidents don't have as much to do with the economy as you think they do. On a % of GDP basis, I imagine the biggest jump in the national debt occurred during FDR's presidency. And if you're going to pin the debt from COVID on Trump, then you've got to pin the debt from WWII on FDR.

Sirioja, While France may make bad cars, and kill lots of people in African countries, and have dictators from time to time along with big government that impoverishes the people, the food is very good. Arguably the best in the world.

That's all I have to say right now. I'll wade back when the shit and dead bodies decompose, hopefully in a few days.

This forum should really have a up / down vote and save post function.

I haven't followed the thread, but Tiny's comments are all 100%- apart from the French food comment. No decent person would eat snails or frogs, and such acts should be regarded with disgust.

Trump vs the cackling woman was the classic dilemma facing America- it was fucked no matter who it chose.

Most people don't understand the American / Chinese relationship up to now. It's not been one of China leaching of America, but a symbiotic economic one in which the Chinese lent the money to America to buy their cheap goods: America bought chinese goods, China recirculated the money into Treasury's. If that derails, American debt yields rise massively, so does inflation, so do your taxes. The tariffs are the icing on the cake. Musk is an idiot who is not making any material difference. If he were going to reform your healthcare system (the most expensive in the world yet still unjust and crap) I would be impressed.

It's looking bleak for America, but EU is arguably even more fucked. Still, I am optimistic about the power of science and technology and 10-20 years from now the world will probably be in a better place.

[Spidy]

Political and Corporate Corruption has always been the life-blood of the Repub Party. It could not exist without it.

LOL. Imagine a Political Party spending Trillions more, adding Trillions more to the USA debt and deficit than its Democratic Party counterpart for more than 100 years yet, even when it controls the White House, House and Senate, still NEVER managing to propose, fight for and pass a single piece of legislation to benefit the majority of the American people destined to become revered and defended to this day?

Not one Repub legislation comparable to ANY of ALL of them proposed, fought for and passed by The Democratic Party when they controlled the White House, House and Senate, even though they spent less of the American tax-payers' money to accomplish it!

Amazing.

Social Security (nothing like a Ponzi Scheme, BTW).

Unemployment Insurance.

Medicare.

Medicaid.

The 1993 Omnibus Budget Reconciliation Act.

The American Recovery and Reinvestment Act.

The Affirdable Care Act.

The American Rescue Plan Act.

The Inflation Reduction Act.

The Science and Chips Act.

The Infrastructure Investment and Jobs Act.

And so on.

All great moments or "Hills to Die On", as it were IMO. Where the cost of silence was no doubt, greater than the cost of defiance.

A few of my own "Hills to Die On":

• The Wagner Act
• Civil Rights Act
• Clean Air Act
• Women’s Suffrage
• Marriage Equality
• Federal Mandate for Seat Belt Safety
• The Environmental Protection Agency (EPA)
• Lead Paint/Gasoline Ban
• LGBTQ and Anti-Discrimination Laws
• Consumer Product Safety Commission
• Family and Medical Leave Act
• Occupational Safety and Health Act

Evidently, some hills are worth dying on!

That is undeniably, a helluva lot of "Hills to Die On", but they are undeniably, the reasons why many of us, enjoy the cleaner living, better working standards, rights and freedoms of today.

And yet you'll always get, the dismissive arrogance, from many of those MAGA sanctimonious insufferable blowhards, that scoff at those hard fought battles for, equal rights, civil rights and freedoms, that they now, so easily take for granted.

• "Democrats are the party that says government will make you smarter, taller, richer, and cure the common cold. Republicans are the party that says government doesn’t work, and then they get elected and prove it."

[Sirioja]

Gentlemen, Please remember the bastards are the politicians, not fellow board members. I'm reluctant to wander back in here right now for fear of plodding around in feces.

Xpartan, it's no great mystery why intelligent people like Axel and Elvis favor Trump. They believe he was the lesser of evils. I can't think of anything both big and really good that Biden did. Trump on the other hand cut the corporate tax rate and deregulated. And for a time got North Korea to stop long range and intermediate range ballistic missile tests, just by buddying up to Kim. Unfortunately he then proceeded to destroy his legacy by trying to steal an election. And his second round of trade wars won't help either.

By virtue of where I live and the industry I've worked in, the majority of my friends are like Elvis and Axel. Most of them are very intelligent, and like Trump more than Axel and Elvis. And I can say with respect to my friends, most are not racists. A couple are. One told me he would off me it it was desirable to improve the gene pool.

SubCmdr brought up an important point about bonds. If you're buying junk bonds issued at close to par value, and they can be called at slightly higher prices than what you're paying, the risk / reward ratio is probably out of whack. Like him, I prefer equities because I understand them better and believe there's more value in investing in them in the long term. I believe there are some tax traps associated with high yield bonds too if you hold them to maturity, although they could be avoided if you purchase them in an IRA.

Spidy, I agree with you, and I suspect Elvis would too, about abortion in some red states. What Texas is doing borders on nuts. I gladly put up with it because of otherwise efficient, well run government.

Tooms, I hope someday you'll realize that the national debt was a bipartisan affair. And presidents don't have as much to do with the economy as you think they do. On a % of GDP basis, I imagine the biggest jump in the national debt occurred during FDR's presidency. And if you're going to pin the debt from COVID on Trump, then you've got to pin the debt from WWII on FDR.

Sirioja, While France may make bad cars, and kill lots of people in African countries, and have dictators from time to time along with big government that impoverishes the people, the food is very good. Arguably the best in the world.

That's all I have to say right now. I'll wade back when the shit and dead bodies decompose, hopefully in a few days.

No Neron in France since 80 years and we were not born before. You know nothing about french cars, a Megane RS or a thermic Alpine 110 are more efficient than my original Audi S5 and Mercedes used french engines. Number 1 for tourism because of higher aura than much larger USA. I worry about now 47% adults are too fat in France, meaning weight divided by height square is more than 25 . Obesity when more than 30 . Thanks MacDo and Cola, when we have salers meat and other so good foods. Mine is 22 , when I love to drink water from mountains when I bicycle climb, but no doping like Armstrong or Landis, fakers like Musk.

[SubCmdr]

Tiny 12, I agree with your completely! E2008 once a called me a socialist:

Does this idiot get the concept of supply and demand or is he another socialist that he thinks that he deserves better service because of his virtue signaling?

The idiot in question that E2008 is referring to is me. Just click on the view original post link.

Gentlemen, Please remember the bastards are the politicians, not fellow board members.

SubCmdr brought up an important point about bonds. If you're buying junk bonds issued at close to par value, and they can be called at slightly higher prices than what you're paying, the risk / reward ratio is probably out of whack. Like him, I prefer equities because I understand them better and believe there's more value in investing in them in the long term. I believe there are some tax traps associated with high yield bonds too if you hold them to maturity, although they could be avoided if you purchase them in an IRA.

E2008 you seem to know a lot about my posts even through you have me on ignore. I am flattered. I have not been banned because I have not violated the code of conduct on ISG. I have received plenty of infractions though. My last one does not drop off until.

So I am no angel. The real difference between me an you is that I can take an infraction like a man. Just like when I went to Dominican Jail. I don't need to project my homosexual fantasies as you do.

If you did not have your butt buddy and fellow racist victim Gabacho going down on a moderator, chances are you would be banned by now.

To make excuses for my behavioral errors that result in me taking an infraction. Much like crypto I take responsibility for myself and my actions.

Maybe try posting on facts and showing knowledge versus patting yourself on the back, and I will listen.

Ok, let's just stick to the facts and see if you are speaking truth or just more of your lies and insults.

Here is what you wrote and my factual response

If you have not gotten out, you better now. It is not going up now. NVIDIA makes video cards for gaming. They just lucked into the fact that their chips are the best ones for AI for now. This was part of the whole AI is going to change the world nonsense. Sure, AI may change the world but no one knows who is going to benefit from it.

https://www.cnbc.com/2025/02/26/nvid...t-q4-2025.html

NVIDIA is not sitting on it's achievements. They have already announced the Blackwell 200 GPU unit which the next generation of GPU platform.

https://cloud.google.com/blog/produc...-aka-blackwell The owner of NVIDIA is a billionaire. Is Elvis2000 a billionaire?

So the recent black swan event was deep seek from China. It showed with some software tweeks, you do not have to pay through the nose for high end chips. Is Deep seek now going to be the darling of Wall Street? I doubt it. What they did can easily be replicated.

Not a black swan event. Throughout time improvements in computing power come from two sources, hardware and software. It is no surprise that innovative software engineers could come up with a way to get more with less. But what E2008 misses is that the training was done using the LLMs that had already been developed. Sort of like saying a Professor used his graduate students to teach his classes after he instructed them how do to it. So that freed up his time and allowed him to save money by billing his university at his rate while using his graduate students who are getting paid a significance lower rate to teach his undergraduate classes.

Using logic from the OP he thinks that because the Professor did that there will no longer be a need for Professors (powerful chips). I think differently. I think the DeepSeek development shows that AI can be for everyone. Not just the multi-billion dollar Corporate spenders out there. The computers the racist Musk uses in his rocket science are WAY more advanced that my desktop. The DeepSeek development will drive demand and may create a situation of doing more with more and make the current chips even more powerful. Currently NVDA cannot make enough chips to meet demand. Their current closest competitor is AMD. They have a good chip but they are having production problems which are delaying the launch. In the current stock market correction AMD is taking a price hit also. Just like almost everything else in the market.

You said I was a bad investor How about a real world test. You put up four bonds you have bought, the date and the prices. Here is my equity portfolio for the test. I have real USD on this. This is not a paper portfolio.

Mark the date - Tuesday March 11, 2025

Closing Prices

NVDA - 109.415; MSTR - 259.40; COIN - 191.98; AMD - 97.08.

My Purchase Prices

NVDA - 117.97; MSTR - 250.00 ; COIN - 211.50; AMD - 99.00.

Let's check back in a year and see how the number looks despite the what the Racist Musk and King Trump are doing to destroy the economy in the United States of America and the lives my fellow American who are not billionaires. Same Same me.

[EihTooms]

We are nowhere near the bottom. This is the 1st half of the 1st inning. The two things causing the market to rise were government massively expanding the amount of cash in the system and AI. I saw what Trump and Musk were doing. When Musk repeated the things I saw about the debt and deficit, I was excited because he knew what the problem was. What shocked me is he was actually willing to take the bullets to fix it, and Trump has totally bought in.

The next question I had was, "Does Trump get that what he is doing is going to crash the market?" And I got my answer.

He responded to this on Sunday, https://www.cnbc.com/2025/03/10/trum...ck-market.html Asked whether he thinks a recession is imminent, Trump said, "I hate to predict things like that. " he later added, "Look, we're going to have disruption, but we're OK with that. " and this "What I have to do is build a strong country," he said. "You can't really watch the stock market. ".

Deepseek has blown up the models with regards to future earnings with AI. And the government is saying we are okay with the stock market going down. So I cannot even come up with a bull case right now.

If you are a real Democrat and care about the poor and middle class, this is not a bad thing. Housing has been ridiculously overpriced in the USA. With the piercing of the asset bubble, interest rates will come down as will housing prices, and some of those millenials will actually be able to afford a home!

But yeah, the Democratic douche will latch onto the falling stock market as a symptom of Trump incompetence. Truth is the market was a Biden blown bubble of epic proportions.

It is astonishing how the inarguable superiority of Great Dem Recoveries, Expansions, Historic Jobs Gains and oh yes Stock Market Gains vs Great Repub Depressions, Great Recessions, Historic Jobs Destruction and oh yes Stock Market Crashes has finally come to this;.

Trump takes credit for the Economy and Stock Market when he is NOT President and blames the Crap Jobs Numbers and Stock Market Crashes when he IS president on Obama and Biden!

Perfect. LOL.

"Never woulda' happened on my watch" was appropriate for Obama and Biden to have said about Trump's Pandemic Part 1 and the Trump's Pandemic Part 2 that Trump is working so hard to create. And it sure as hell was worse for America, killed more Americans, destoyed more jobs and businesses than any war between other countries anywhere else. But, being responsible adults more interested in cleaning up the colossal Repub mess of everything they were handed than laying blame, they never pulled that shit.

By stark contrast, that is the ONLY shit Trump and his MAGAs have got in their bag of crap to throw.

The only time Great Repub Depressions, Great Repub Recessions and Historic Repub Jobs Destruction "transitioned" into something better was AFTER Dems took office and cleaned up the colossal mess of everything the Repubs handed them as FDR did and JFK / LBJ did and Carter did and Clinton did and Obama did and Biden did and for damn sure the next incoming Dem will after Trump's Pandemic Part 2 is mercifully over.

And when that "transition" to a better America and better economy happens it will be as always was the case for the past 100 years or more primarily Big Blue States with Big Blue Cities bailing out, rescuing and carrying the load of Recovery for Red States who suffered and could not handle the abuse visited upon them by their Repub pol abusers.

And all the while, the Red State MAGAs will blame the rescuing First Responder Dems for their plight and seek to punish them for it in the next election. Lolol.

As sure as night follows day.

[Tiny 12]

Gentlemen, Please remember the bastards are the politicians, not fellow board members. I'm reluctant to wander back in here right now for fear of plodding around in feces.

Xpartan, it's no great mystery why intelligent people like Axel and Elvis favor Trump. They believe he was the lesser of evils. I can't think of anything both big and really good that Biden did. Trump on the other hand cut the corporate tax rate and deregulated. And for a time got North Korea to stop long range and intermediate range ballistic missile tests, just by buddying up to Kim. Unfortunately he then proceeded to destroy his legacy by trying to steal an election. And his second round of trade wars won't help either.

By virtue of where I live and the industry I've worked in, the majority of my friends are like Elvis and Axel. Most of them are very intelligent, and like Trump more than Axel and Elvis. And I can say with respect to my friends, most are not racists. A couple are. One told me he would off me it it was desirable to improve the gene pool.

SubCmdr brought up an important point about bonds. If you're buying junk bonds issued at close to par value, and they can be called at slightly higher prices than what you're paying, the risk / reward ratio is probably out of whack. Like him, I prefer equities because I understand them better and believe there's more value in investing in them in the long term. I believe there are some tax traps associated with high yield bonds too if you hold them to maturity, although they could be avoided if you purchase them in an IRA.

Spidy, I agree with you, and I suspect Elvis would too, about abortion in some red states. What Texas is doing borders on nuts. I gladly put up with it because of otherwise efficient, well run government.

Tooms, I hope someday you'll realize that the national debt was a bipartisan affair. And presidents don't have as much to do with the economy as you think they do. On a % of GDP basis, I imagine the biggest jump in the national debt occurred during FDR's presidency. And if you're going to pin the debt from COVID on Trump, then you've got to pin the debt from WWII on FDR.

Sirioja, While France may make bad cars, and kill lots of people in African countries, and have dictators from time to time along with big government that impoverishes the people, the food is very good. Arguably the best in the world.

That's all I have to say right now. I'll wade back when the shit and dead bodies decompose, hopefully in a few days.