Well... the JIG IS UP !! The Markets showed JUST how concerned they are about the Tarrifs... The SOCK market BOOMED !!

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Fuelman
Yesterday 12:14 pm
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1,552 posts
I remain optimistic:


Many on Wall Street still expect the S&P 500 to soar in 2025
The following chart shows the year-end S&P 500 target prices set by analysts at 17 Wall Street investment banks and research institutions. It also gives the implied upside and downside versus the current level of 5,633. The chart is by no means comprehensive, but it does indicate that many analysts expect the U.S. stock market to rebound in the remaining months of the year.

Wall Street Firm

S&P 500 Target

Implied Upside (Downside)

Oppenheimer

7,100

26%

Wells Fargo

7.007

24%

Deutsche Bank

7,000

24%

Evercore

6,800

21%

BMO Capital

6,700

19%

HSBC

6,700

19%

Bank of America

6,666

18%

Fundstrat

6,600

17%

Citigroup

6,500

15%

JPMorgan

6,500

15%

Morgan Stanley

6,500

15%

UBS

6,400

14%

RBC Capital

6,200

10%

Yardeni Research

6,100

8%

Barclays

5,900

5%

Goldman Sachs

5,700

1%

Stifel

5,500

(2%)

Median

6,500

15%

Data source: Yahoo! Finance.
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jerra b
Yesterday 12:18 pm
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9,133 posts
Mrkelly » 53 minutes ago » wrote: They will soon tell us that the market crashing is a good thing

as soon as tRump tells them so
of course--  

https://www.nyse.com/indexApril 3, 2025 at 9:00 a.m. ESTThe reciprocal tariff announcements finally came yesterday, and President Trump unloaded an artillery barrage on the international trade system. S&P futures dropped straight down. They have come off the immediate lows but are pointing to the index opening down around 3-4%. Looking at the pre-market action, apparel and furnishing names are among the hardest hit as are retailers. Tech is also weak with large and mega cap names down 5-8%. Treasury yields are on a wild ride. The 10-year had fallen from 4.20% to 4.12% yesterday before ripping higher to 4.23% as the tariff event began. It then collapsed almost 20bp to 4.04% before climbing back to about 4.08% currently. The Dollar moved sharply lower versus the Yen, currently sitting around 146. The Swiss Franc strengthened to its highest level versus the Dollar since November. The Euro jumped to $1.10.
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RebelGator
Yesterday 12:21 pm
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8,460 posts
jerrab » 4 minutes ago » wrote: of course--  

https://www.nyse.com/indexApril 3, 2025 at 9:00 a.m. ESTThe reciprocal tariff announcements finally came yesterday, and President Trump unloaded an artillery barrage on the international trade system. S&P futures dropped straight down. They have come off the immediate lows but are pointing to the index opening down around 3-4%. Looking at the pre-market action, apparel and furnishing names are among the hardest hit as are retailers. Tech is also weak with large and mega cap names down 5-8%. Treasury yields are on a wild ride. The 10-year had fallen from 4.20% to 4.12% yesterday before ripping higher to 4.23% as the tariff event began. It then collapsed almost 20bp to 4.04% before climbing back to about 4.08% currently. The Dollar moved sharply lower versus the Yen, currently sitting around 146. The Swiss Franc strengthened to its highest level versus the Dollar since November. The Euro jumped to $1.10.
You voted for the cock-gobbler....which is strange for no other reason you pupport to be a Christian. 
 
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jerra b
Yesterday 12:22 pm
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Mrkelly » Today, 7:46 am » wrote: Image  you are impressed with tRump being able to wrangle up some loyalists?
Country New tariffShare of U.S. imports

China+34%13.4

%Japan+24%4.5%

Vietnam+46%4.2%

South Korea+26%4.0%
 
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jerra b
Yesterday 12:29 pm
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RebelGator » 10 minutes ago » wrote: You voted for the cock-gobbler....which is strange for no other reason you pupport to be a Christian.

I did not vote for biden, never did. your sole defense of trump is biden and that is getting old.

you voted for trump who encourages the killing of children. don't ever mention being a christian again
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ROG62
Yesterday 12:49 pm
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Fuelman » Today, 10:13 am » wrote: The media meltdown will be epic!
OMG!


Image
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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ROG62
Yesterday 12:50 pm
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Fuelman » Today, 9:48 am » wrote: You never really know. With the median for retired people at $90k and average at $275k in retirement accounts, my guess is he's above average. 

But then again, I'm wrong all the time.
Image  
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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jerra b
Yesterday 12:51 pm
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Mrkelly » Today, 11:29 am » wrote: They will soon tell us that the market crashing is a good thing

as soon as tRump tells them so

yes and they believe that china and other countries had sky high tariffs on america.

Country New tariff Share of U.S. imports

now-
China+34%

before trump's tariffs-

13.4%

 
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jerra b
Yesterday 12:52 pm
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Mrkelly » Today, 11:29 am » wrote: They will soon tell us that the market crashing is a good thing

as soon as tRump tells them so
---------------------

Does China impose tariffs on US goods?

On March 10, China imposed a 15% tariffs on American goods, including agricultural goods. Since February 2025, the Trump administration imposed a total of 54% tariffs on China, with the Chinese Government imposing 82% tariffs on the United States
 
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jerra b
Yesterday 12:56 pm
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Mrkelly » Today, 6:36 am » wrote: Image  Stock market today: S&P 500, Nasdaq set to tank, Dow to drop over 1,000 points as Trump's tariffs rip through markets worldwide

today 

https://finance.yahoo.com/news/live/sto ... 57448.html
--------------------------------

Does Mexico have tariffs on the US?
Mexico - Import Tariffs Mexico - Import Tariffs. Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. There are no tariffs for products made in the United States that meet NAFTA rules of origin requirements.
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Fuelman
Yesterday 1:14 pm
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1,553 posts
jerrab » 22 minutes ago » wrote: --------------------------------

Does Mexico have tariffs on the US?
Mexico - Import Tariffs Mexico - Import Tariffs. Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. There are no tariffs for products made in the United States that meet NAFTA rules of origin requirements.
The rest of the story:

In addition, Mexico has a value-added tax (IVA) on most sales transactions, including sales of foreign products. The IVA rate is 16 percent for all of Mexico. Basic products, such as food and drugs, and some services, are exempt from the IVA. A special tax on production and services (IEPS) is assessed on the importation of alcoholic beverages, cigarettes and cigars. In 2013, IEPS was expanded to include a tax on soda, high calorie foods, and junk foods. This tax may vary from 25 to 160 percent depending on the product.
 
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RebelGator
Yesterday 2:22 pm
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8,461 posts
jerrab » Today, 12:29 pm » wrote: I did not vote for biden, never did. your sole defense of trump is biden and that is getting old.

you voted for trump who encourages the killing of children. don't ever mention being a christian again
Simpleton, if you didn't vote Trump, you voted Biden and Kameltoe. 
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jerra b
Yesterday 2:51 pm
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9,140 posts
RebelGator » 32 minutes ago » wrote: Simpleton, if you didn't vote Trump, you voted Biden and Kameltoe.

the evil monster, I would never ever vote for trump.
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jerra b
Yesterday 2:57 pm
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9,141 posts
Fuelman » Today, 12:14 pm » wrote: I remain optimistic:

Many on Wall Street still expect the S&P 500 to soar in 2025
The following chart shows the year-end S&P 500 target prices set by analysts at 17 Wall Street investment banks and research institutions. It also gives the implied upside and downside versus the current level of 5,633. The chart is by no means comprehensive, but it does indicate that many analysts expect the U.S. stock market to rebound in the remaining months of the year.

Wall Street Firm

S&P 500 Target

Implied Upside (Downside)

Oppenheimer

7,100

26%

Wells Fargo

7.007

24%

Deutsche Bank

7,000

24%

Evercore

6,800

21%

BMO Capital

6,700

19%

HSBC

6,700

19%

Bank of America

6,666

18%

Fundstrat

6,600

17%

Citigroup

6,500

15%

JPMorgan

6,500

15%

Morgan Stanley

6,500

15%

UBS

6,400

14%

RBC Capital

6,200

10%

Yardeni Research

6,100

8%

Barclays

5,900

5%

Goldman Sachs

5,700

1%

Stifel

5,500

(2%)

Median

6,500

15%

Data source: Yahoo! Finance.
Last Updated: April 3, 2025 at 3:56 PM EDT
The Dollar Is Tanking. Why That’s a Bad Omen for the U.S. Economy. 
0:00Image

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Photo: Josephine ChuU.S. markets slid Thursday in their steepest decline in more than two years, as investors grappled with the threat that President Trump’s new tariff plan will trigger global retaliation and hurt the economy.Major stock indexes dropped as much as 6%. Stocks have lost roughly $2.7 trillion in market value Thursday, on track for their largest decline since March 2020.The Dow industrials dropped about 1600 points, or 3.9%. The tech-heavy Nasdaq, which powered the market higher for years, was down 6%, led by big declines in Nvidia, Apple and Amazon.com. If the S&P and Nasdaq close at current levels, it will be the biggest percentage declines since the early days of the Covid-19 pandemic.The dollar slipped to its lowest level of the year, a sign of unease over the growth outlook and fears that the flow of international funds into the country will be sharply curtailed. Inflation expectatio
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jerra b
Yesterday 3:04 pm
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9,143 posts
just had a news bullerin on tv about falling prices.

americans should be really worried now.

trump is destroying the country either out of stupidity or sheer evilness.
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murdock
Yesterday 3:50 pm
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FLAGRANT HOMOSEXUAL, CHILD DANGER
60 posts
Mrkelly » Today, 6:36 am » wrote: Image  Stock market today: S&P 500, Nasdaq set to tank, Dow to drop over 1,000 points as Trump's tariffs rip through markets worldwide

today 

https://finance.yahoo.com/news/live/sto ... 57448.html
^^^
Mr queerly lying again.

What else was in your leftist media enema today, child molester?
 
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murdock
Yesterday 3:51 pm
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FLAGRANT HOMOSEXUAL, CHILD DANGER
61 posts
jerrab » 50 minutes ago » wrote: just had a news bullerin on tv about falling prices.

americans should be really worried now.

trump is destroying the country either out of stupidity or sheer evilness.
Another know nothing **** talking out his ***.
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jerra b
Yesterday 3:55 pm
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9,145 posts
murdock » 9 minutes ago » wrote: Another know nothing **** talking out his ***.
another trump tard who does not know ****.
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ROG62
Yesterday 5:11 pm
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20,355 posts
jerrab » Today, 12:51 pm » wrote: yes and they believe that china and other countries had sky high tariffs on america.

Country New tariff Share of U.S. imports

now-
China+34%

before trump's tariffs-

13.4%

Image
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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