UPDATE: Donald Trump Takes Office as the 47th US President



James Carville: Has Laura Loomer Replaced Elon Musk at Trump's Side​


James Carville wonders why conspiracy theorist Laura Loomer is at Trump's side, and what damage she will bring.He also discusses the current political landscape, focusing on the recent shifts in voter sentiment, particularly in traditionally Republican areas. He reflects on the implications of these changes for the Democratic Party and critiques the actions of Donald Trump and his supporters, whom he views as detrimental to the United States. Carville emphasizes the need for accountability among those who have collaborated with Trump, suggesting a 'Collaborators Hall of Fame' to highlight their actions.
 
they saw it.....they KNOW it....NOW THEY FEELING IT
Those folks are poor and misinformed, you know nothing. Black folks shouldn't be thinking like this because it's beneath us let alone putting this toxicity into the cosmos. Either help them or leave them be. We as Africans are better than that .
 

The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession.

Futures tied to the blue-chip Dow Jones Industrial Average lost 1,146 points, or 2.7%. Futures levels indicated the Dow would open official trading about 1,100 points lower. This follows a 1,679.39 point decline on Thursday. S&P 500 futures lost 2.6% after the benchmark shed 4.84% on Thursday.

Nasdaq 100 futures dropped 3.1% as many tech companies have exposure to China.

China’s commerce ministry said Friday the country will impose a 34% levy on all U.S. products. This matches the tariff on Chinese goods coming into the U.S. unveiled by President Donald Trump on Wednesday.

“The Trump administration may be playing a game of chicken with trading partners, but market participants aren’t willing to wait around for the results,” said Michael Arone, SPDR chief investment strategist at State Street Global Advisors. “Investors are selling first and asking questions later.”

Companies with large exposure to China led declines in premarket trading with Apple and Qualcomm down 5% and 6%, respectively. Tesla lost 5% and Caterpillar shed 6%. Nvidia fell about 4%.

Bank stocks tumbled in the premarket as worries of a U.S. economic slowdown grew. Morgan Stanley dropped 5%, while Goldman Sachs shed 4.5%. Citigroup and JPMorgan Chase each slid more than 4%, while Wells Fargo dipped 5%.

The 10-year Treasury yield fell back below 4% Friday as investors flooded into bonds for safety, pushing prices up and rates lower. JPMorgan late Thursday raised the odds of a recession this year to 60% from 40%.
 
One thing I want to point out to people on here is that crashing the economy is part of the plan. The idea is to crash the economy because you're still going to have people with means and they're going to be the ones to scoop up everything at highly discounted prices. As people lose Farms as people lose homes what you're going to see are corporations coming in and snatching all of that up for pennies on the dollar. That was always the plan and the idea.
 
Back
Top