recession?

[Potsie]

Well if we are aloud to have threads that ain’t hunting related today then:

Need a waaaburger when them French cries? My rent has gone up SIXTY PERCENT in the four years your head-sniffin president was in office. Party line crybaby Karen SOBs


Recession speculation.. AMMO BACK ON THE SHELF! Get to hunting or TAKE A HIKE

 

[antelopedundee]

The well off aren't affected by any shenanigans. At least not from what I can see. But "well off" can mean a lot of things. mtmuley

IMO people people who are well off don't need to worry about money now or for as long as they live. His policies don't affect them monetarily. Are you in that category? I'm not.

 

[TheTone]

Things are going great; auto loan delinquency rates are at their highest level ever. Maybe some good deals coming on repos since new car prices are insane and probably only going to get worse

 

[INMT]

Things are going great; auto loan delinquency rates are at their highest level ever. Maybe some good deals coming on repos since new car prices are insane and probably only going to get worse

@Rack Daniels this might be similar to Obama’s recession, but with cars.

 

[mtmuley]

[QUOTE="antelopedundee, post: 3905089,. Are you in that category?
[/QUOTE]
Nope. Just fortunate to work for a company that has clients that can weather the storm so to speak. mtmuley

 

[antelopedundee]

Things are going great; auto loan delinquency rates are at their highest level ever. Maybe some good deals coming on repos since new car prices are insane and probably only going to get worse

IIRC auto loan terms usually specify that you keep the vehicle properly maintained and in good working order or something to that effect. The lender wants to maximize resale value in the event of a repo. If they an't afford payments then they probably not doing proper maintenance.

 

[Treeshark]

We made it through Obamas recession.

You may need a new financial advisor, my man.

 

[SAJ-99]

prices rose under trump, then biden, then trump, those are facts the catalysts of which are fairly well understood (or should be) you can't really blame any of them individually.

yes, the foundations of a recession are oft always laid well before a president can do anything to cause or stop it.

i agree it seems things were looking to unwind to some degree no matter what but to scapegoat the actions of this administration with that excuse is being blind, perhaps willfully, to reality. you can't pour gasoline on a fire and say "well it was burning already so not my fault the whole house burned down!"

Pre election I brought up that we were in a great economy and the next President would have a tough tume anvoiding any bumps. I was told the economy was crap, but whatever. YMMV. But I also said the US economy is amazing dynamic and resilient. Trump has basically said “hold my beer”. He took a business environment cheering potential for lower regulation and extension of tax cuts and turned it to “holy shit he is serious about tariffs”. Businesses are scrambling but don’t want to say much publicly.

 

[TheTone]

You may need a new financial advisor, my man.

Amazing how great my differed comp did the past four years except the period after November 24 when it’s totally been crapping the bed. So wonderul seeing a negative number on your growth

 

[Treeshark]

Pre election I brought up that we were in a great economy and the next President would have a tough tume anvoiding any bumps.

Agreed. I think most downturns are on a fairly set cadence and there is not much that a President can do to cause or prevent them.

Then again, this tariff stuff certainly does not appear to be helping to stave it off.

 

[brymoore]

Trump has basically said “hold my beer”.

Selling Tesla’s at the White House too.

 

[Potsie]

View attachment 363650

Selling Tesla’s at the White House too.

A dozen eggs in every pot and a Tesla in every driveway.

 

[TOGIE]

it to “holy shit he is serious about tariffs”. Businesses are scrambling but don’t want to say much publicly.

It boggles my mind after living through the past eight years that people wave off the man words as bluster.

For better or terribly worse, the man is not and never has been joking about anything that comes out of his mouth.

 

[SAJ-99]

It boggles my mind after living through the past eight years that people wave off the man words as bluster.

For better or terribly worse, the man is not and never has been joking about anything that comes out of his mouth.

We were told take him literally but not seriously…or seriously not literally. I really can’t remember which. I am sure that whoever was saying it didn’t know the difference, so not sure it matters. I’m more amazed at the silence of Congress and business.

Inflation comes in hot tomorrow and we are all f@^ked.

 

[TOGIE]

We were told take him literally but not seriously…or seriously not literally. I really can’t remember which. I am sure that whoever was saying it didn’t know the difference, so not sure it matters. I’m more amazed at the silence of Congress and business.

Inflation comes in hot tomorrow and we are all f@^ked.

I like to think Congress is saving their moment for do or die time.

It’ll be hot; tariffs wont even be in the data yet and it’ll be hot.

 

[NDGuy]

You may need a new financial advisor, my man.

I’ll have some more of that recession please

 

[Pagosa]

Gold/silver are really up looking at the bright side.

 

[BuzzH]

I’m more amazed at the silence of Congress and business.

Patience Grasshopper...the honeymoon is about over.