Tag: stock market

Frieda’s Theme Music

Sunshine broke on through, just as the doors urged. Frieda, April 4, 2025 is a windy, sunny, warm spring day. High and thin clouds scrub some blue sheen of the sky. It’s 52 F and heading to the high sixties.

Papi the ginger blade was so happy. At first. Prancing into a sunshine pool, he washed and lounged. Then, wind ruffled his fur and pushed his ears around. The little Butter Butt pressed to come in, pronto.

A shopping day is planned. Our household subjects have veered between Trump’s impact on our personal finances and situation to buying a bidet attachment or something. “Should we get an attachment or a seat?” my wife asks. She’s rethinking herself.

“I’ll research and report back,” I reply.

“I’m not even going to look at my 401K,” she says. She means that. I will discreetly check it for her. Keep the results to myself. Mine has lost about twelve percent of its value. My other stock holdings have dropped ten percent. It’s early, though. I consider divesting all.

Today’s strong jobs report surprised me. But, then again, no. I’ve read of substantial business closings. Layoffs and terminations. Food traffic down in stores. Sales down. I’ve not read of any companies gushing, “Look, we’re hiring! Woo hoo!” Trump’s administration puts out those jobs numbers. He’s a known liar. So are the lackeys populating his regime. I’m sure they looked at the first set of numbers and told one another, “Oh, no, we can’t publish those. He’ll fire us all.” So they doctored the jobs number to look good.

PINO Trump tweeted about it this morning. Sorry, he X’d about it. “GREAT JOB NUMBERS, FAR BETTER THAN EXPECTED. IT’S ALREADY WORKING.”

What does he think is already working? Farmers are being hit, Federal workers have been shelved, tourism has dropped and is expected to drop more. The stock market keeps dropping…well, if you’re not in the Trumphosphere, you know. Projections are not rosy. First quarter reports are going to be interesting.

A friend added comments yesterday to one of my posts. They linked to a Jimi Hendrix song, “Still Raining, Still Dreaming”. Hearing that provoked The Neurons to begin different Jimi Hendrix Experience songs in my head. I ended up with “Stone Free” in the morning mental music stream. The song coincides with my urge to take a trip, see the coast. I’ve been working on my wife for such a trip. Her stars aren’t yet aligned enough. That doesn’t stop me from joining Hendrix to sing, “I got to, got to, got to get away right now.” But I’ll hold on for my other to be ready.

Difficult to find a good video of “Stone Free”. I went with this one, despite its sound glitches. I enjoy the members playing and seeing Hendrix’s fast, meticulous playing.

Coffee has made its morning visit to my body. I’m rockin’ and arollin’. Hope you have an awesome experience today, wherever you are. Cheers

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Thirstda’s Wandering Political Thoughts

It’s time to check the economy’s barometer. Dollar Tree is selling off Family Dollar after acquiring it ten years ago. Lack of synergies between the two. I admit, I confuse the two stores. They’re interchangeable in my mind. Anyway, you would think that they would have noticed the lack of synergies back when DT was thinking about buying FT. I guess that’s business.

What really struck me about the move were these insights from Dollar Tree Chief Executive Mike Creedon, with my emphasis added in bold:

With regard to consumer spending, Creedon said that Dollar Tree, like other retailers, is seeing middle-income shoppers focus more on value. “At the same time, we are seeing stronger demand from higher-income customers who increasingly see Dollar Tree as a cost-effective source for an expanding range of products,” he said during the conference call.sales

“We believe it doesn’t matter how much money you make. Everybody is hurting right now,” he said.

‘Everybody is hurting right now.’ That’s a knee slapper. I don’t think the Trusk Regime’s billionaire cabinet and their friends are hurting at all. But maybe that’s just poor, poor, cynical me. More critically, it seems that more middle class is shopping at the Dollar Tree. That’s a strong sign for the future…not.

But come on, how can we be hurting in Donald Trump’s economy? He’s making all those moves to save the government money. Well, okay, that DOGE stuff didn’t save much money. It instead destablised the government, outraged citizens, scared Republican senators and reps into hiding, caused confusion and triggered alarm, and sent the stock market down. But he added those tariffs…and took them away…and added them again…causing trade partners to retaliate. Which, yeah, hurt farmers, damaged overseas liquor sales, and has put a crimp in economic forecasts. Retailers and manufacturers have responded with layoffs and slashed their sales forecasts.

Naturally, shoppers were affected. US consumer confidence tumbles for the 4th straight month as future expectations hit a 12-year low.

The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9. Analysts were expecting a decline to a reading of 94.5, according to a survey by FactSet.

The Conference Board’s report Tuesday said that the measure of Americans’ short-term expectations for income, business and the job market fell 9.6 points to 65.2.

It is the lowest reading in 12 years and well below the threshold of 80, which the Conference Board says can signal a potential recession in the near future. However, the proportion of consumers anticipating a recession in the next year held steady at a nine-month high, the board reported.

“Consumers’ optimism about future income — which had held up quite strongly in the past few months — largely vanished, suggesting worries about the economy and labor market have started to spread into consumers’ assessments of their personal situations,” said Stephanie Guichard, senior economist at The Conference Board.

Oh boy, so much winning, it hurts.

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Frieda’s Wandering Political Thoughts

The Great Deflector blames ‘globalists’ for the market drops.

Later in the same press event, Trump again blamed globalists for the market downturn. “I think it’s globalists that see how rich our country’s going to be, and they don’t like it.“

What an absolute crock. Couldn’t be the old standard of people and institutions who invest in the stock market were protecting their profits and selling stocks, could it? Oh, no, he has to pull up some bullshit bogey man.

Then again, PINO Trusk isn’t a deep thinker. Not a sharp guy. Doesn’t understand the global network of finance, manufacturing, and supply chains at all. Nope. He prefers a stone-age ‘isolationist’ approach. Thinks that will ‘make America great again’.

Meanwhile, treating your friends like shit ends up with them getting pissed at you and treating you like shit.

Ontario cancels Starlink deal over US tariffs — Italy may follow due to US pullback from Europe

Ontario Premier Doug Ford said that he would cancel the $100 million deal the Canadian province signed with Starlink in response to Trump’s 25% tariff on Canadian goods. He’s also imposing a 25% tax on electricity exports, with New York, Michigan, and Minnesota being the most affected. CBC also reports that U.S.-based companies are banned from procurement contracts with the province.

X Threatens Our Democracy. Canada Should Ban It

Last year, as the U.S. government debated and then followed through on banning TikTok, Republican lawmakers advanced numerous arguments against allowing a hostile foreign power to control a significant medium of public discourse.

They said a social media application owned by someone who is close to an autocratic leader might be used as propaganda.

They said the amount of data harvested by the app from users’ phones could pose enormous security risks, providing information to the security services of a hostile power.

Of course, I might be in the minority in my concerns about PINO Trusk.

What Big-Business Leaders, Including Democrats, Say Privately About Trump

One Wall Street executive told me that Mr. Trump remains better than any of the alternatives. Another — citing Elon Musk’s government shake-up — said he likes what he sees so much, he now regrets voting for Ms. Harris.

It wasn’t just that this group resented Mr. Biden’s intrusive regulatory policies. They didn’t like diversity, equity and inclusion policies either — or anything they derisively described to me as “woke stuff.” Now executives and bankers alike (my circles tilt a bit toward Wall Street) are celebrating early signs of a reversal.

I’m not really astonished by claims that business leaders ‘favor’ PINO Trusk’s trash and burn approach. Stories are rising across the political spectrum about people who first cheer the Trusk Regime’s behavior. Then they’re personally affected, and the song they’re singing goes from praises to complaints. So, as PINO Trusk burns supply chains, declares tariffs (and reverses them), and alienates markets and customers outside of the US, we’ll see how they’re feeling in a few months. Sure, they’re wealthier; their wealth cradles their asses as we go through chaos and inflation.

Or, as Paul Krugman stated it, One thing that really struck me from Rattner’s piece — something I’ve heard from other sources — is that big businessmen think Elon Musk is doing a good job. I guess this is one of those cases where power and privilege make you blind to things that are obvious to everyone else.

After all this fucking around, I’m waiting to find out.

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Sunda’s Wanderin’ Political Thoughts

As observers watch the Trusk Regime’s Great Shitstorm of 2025 and the Great Undoing, we await the Reciprocal Wave. History, economics, science, have all demonstrated again and again that for every action, there are reactions.

This is an era of networks. The age of the old factory plants have faded. What we have now are multiple assembly locations. Subassemplys are built and then shipped into other countries, where they’re added to other subassemblies. Those subassemblies are folded into a final component which is then shipped to an assembly plant for final inclusion into finished goods, such as a car. This is true not just in the automobile and aircraft industries, but in many electronics industries, medical device manufacturing, and pharmacueticals. Wasn’t governments who did this, either; this was the capitalists, although they worked with governments to make it so, often encouraged by tax breaks and subsidies.

Likewise, the farm-to-table model is a simplistic concept for much of the food that reaches our tables. While we do have local economies with organic farms and farm-to-table can happen, nature still commands where some things grow.

The Trusk Regime has issued orders. Broken treaties. Damaged alliances. Withdrawn from marketing and trade agreements. Bullied allies and threatened and launched tariffs.

Tariffs will drive up prices. History has demonstrated it. Higher prices bring inflation. Inflation causes less buying. People just don’t have enough money to buy more.

Less buying equals less retail volume. Lower volume means less income for businesses. Businesses compensate with increased prices to sustain operating and profit margins.

But less sales volume is less business. Less tax revenues at all levels.

Less sales translates to less need for employees. Job layoffs and terminations follow.

To ice the cake, the Trusk Regime has cut Small Business Administration funds. Too much DEI for them. Without those loans and grants, small businesses will close. Unemployment will climb. Fewer businesses means increased scarcity and less competition. Prices rise out of that equation.

That is just the tip of that egregious economic situation. Think of what that does to consumer confidence? Imagine the impact on the stock and commodities markets, and the strength of the dollar.

But you don’t need to imagine that. History is full of these things happening. They have been studied. The cause and effect is well understood. With less tax revenues and less Federal funding coming down, roads and infrastructure fall into disrepair. So history says. Hello, if you were paying attention, you know that was one of the things Trump 45 promised to do and failed to do. And, if you’re paying attention to your history, you know that President Joe Biden delivered on that promise with a bi-partisan infrastructure repair act.

The things you can learn from history.

If you’re willing.

Beyond food scarcity, high prices, and small businesses shuttering, visualize what that does to small towns and cities. Imagine what happens to farmers and their businesses with their markets closed to them in China and elsewhere.

There will be backlash and more reciprocal impacts. Unemployment will rise. Homelessness will increase. Begging on street corners will climb.

The Trusk Regime has already made that situation worse by shuttering the USAID. Through it, charities helped with lunch programs. Religious charities depended on money from the USAID to help communities cope with homelessness, unemployment, and scarce resources.

But Trusk cut that. That now traditional source of help will not be there. Forced into starvation and desperation, violent crimes will rise. That’s a fact right out of history. So will an attitude. What do I care if the world burns down? I have no future in it. Because they can’t afford college. Even if they can get more education, to what end would they put their degrees with businesses terminating employees. They will begin to work as part of an under-the-table gig economy. Take low paying jobs to get a meal.

Imagine the impact of increasing homelessness and growing unemployment will have on new car sales and new home sales. But you don’t have to: history has shown us the impact.

The Trusk Regime has already made that situation worse by terminating hundreds of thousands of Federal employees. You don’t think that’s not going to affect the unemployment numbers, consumer confidence, and the economy? People without jobs don’t spend much money. The Trusk Regime likes to offer a scenario where these hundreds of thousands of newly unemployed individuals go out and get a new job.

Where?

Especially since the Trusk Regime also cut government contracts. Schools, businesses, and communities were depending on those contracts. Some of them were still rebuilding from natural disasters. The money had been allocated by Congress. The Imperial Presidency said, no. So those projects have stopped.

They’re not hiring anyone.

That’s what Project 2025 and the Trusk Regime wholly ignore. We experienced all of this things and built networks of state, local, and Federal government with rules, regulations, and experts to deal with these problems. The Trusk Regime decided it was fraud and waste and took a chain saw to it.

Now we wait. The Great Reciprocal Wave is coming. Its form is uncertain. Could be open warfare. Massive rioting. A military coup. Other factors of the Great Undoing will come into play. Like health crises. Say avian flu. Flu, RSV, and COVID-19. New diseases. So it could be another pandemic.

This is all just a tiny piece of it. Natural disasters will begin. Tornados will tear through towns. Wildfires will start burning. Flooding. Places will be evacuated. Productivity will fail more. Scarcity will increase. Tax revenues will plummet. The economy will sag. The fires will burn on with no to little help from the Trusk Regime. They don’t think those federal agencies were useful.

Hurricane season will begin. Storms will wreck whole areas. Scarcity will increase. So will demand. Inflation will rise. Tax revenues will plummet. Homelessness will increase.

What do you think that will do to the insurance companies? Not sure? Ask the good people of Puerto Rico, Oregon, California, Florida, Texas, and other states affected by natural disasters in recent years. They’ll give you a history lesson.

While you’re talking to them, ask, too, what it did to their health and their healthcare systems. Ask them what it did to their local economy and local inflation. Ask them what it did to their state of mind.

The Trusk Regime thinks that cutting federal agencies like FEMA is a good move. They think local citizens ‘on the ground’ in those locations will be able to ‘make better decisions’.

Yes, because the people of Asheville, NC, for example, have such a deep familiarity with recovering from disasters. *head shake*

Making decisions about how to help communities is only a small element of what FEMA does. They keep stockpiles of emergency food and water supplies on hand. They keep emergency housing on hand in the form of trailers that can be moved in to solve the housing problems for a while.

Those stockpiles will still exist. But with FEMA cut or its personnel cut, who will manage those inventories? Who will ship those supplies?

And we know that this will happen.

Because history taught us. You can learn a lot from history, if you’re willing. Just cast your mind back to 2005, Hurricane Katrina, and New Orleans. Twenty years ago. Pause to remember Michael D. Brown of FEMA fame and the disastrous job he did because he didn’t have experience. “Heckuva job, Brownie,” President Bush told him.

So you can learn from history. But right now, instead, voters decided to fuck around and find out. They were willing to take an ax to all of these programs, agencies, federal employees, alliances, trade agreements, and expertise.

Well, here it comes, brothers and sisters. You’re about to find out.

Here comes the Reciprocal Wave. I’d tell you to brace yourselves but do I need to?

History has already told us.

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Saturda’s Wandering Political Thoughts

We’re witness to the Great Undoing. Anyone fired from a job or who suffers loss from a death that alters their routines know about the undoing. Habits and routines created by job needs or the deceased one are now changed. Those gaps yawn before you. You exercise mental thought processes… “Oh, I don’t need to leap out of bed at six AM, hurry through a shower, dressing, and breakfast to jump on the highway to commute to work to get into the office by — ” Fill in your times.

Likewise, when someone who is part of your regular circles passes, you’re face to face with the change: “Oh, they’re not there to greet me. I don’t need to stop and speak with them, or check on them. They’re not there.”

Many in the United States are working through forms of undoing. Federal workers are suddenly enduring the shock of not having to roll out of bed, dress, and do the morning work dance. They’ve been fired. Terminated. Let go by Imperial Presidential Executive Orders.

Around the country, the monies provided by U.S.AID are gone. The routines associated with getting children to school where they’re provided a meal are over. Churches and charities dependent on that fund stream are going through undoing because the money isn’t there. If the money is gone, so is the food and shelter. Workers and employees suddenly endure the undoing as the routines of helping the impoverished are ended by Imperial Presidential Executive Order. Not just in foreign countries but here in the U.S., too.

Contracts to provide new buildings and essential services have been ended by Imperial Presidential Executive Order. The great undoing commences as workers are released from those projects. Buildings stand unfinished. National Park Visitor Centers stayed closed and dark. Trash goes uncollected. Nobody mans the towers to watch for fires.

Trump’s Hiring Freeze Throws Wildfire Fighters Into Disarray

As anti-vaccination is encouraged the health and safety enjoyed by communities across the nation go through an undoing. Children and the vulnerable elderly are closely watched for signs of diseases long ago stamped out by vaccinations, more victims of limited intelligence, less compassion, and Imperial Presidential Executive Orders.

Air travel is adjusted as staff are cut. More undoing. Traffic congestion in New York leaps up again. Accident rates rise. Confidence in government systems fall, part of the undoing of having regulations and requirements slashed away, along with inspectors to see what went wrong to prevent it from happening again. People become skeptical, leery of these systems…use falls. Airlines see the results.

From DC to Arizona: Why are so many planes crashing in 2025?

Farmers study crop prices and markets and endure the bitter undoing. Veterans protected by DEI programs are released from work positions and begin undoing their daily functions. Students helped by grant programs begin undoing their education hopes and dreams. Children affected by the undoing no longer go into facilities to play, learn how to socialize, visit with friends, and hearing stories read to them, undoings of things just begun.

Billions of Dollars at Stake for Farmers Hit by Trump Funding Freeze, Pause on Foreign Aid

Financial and economic experts study revenue and spending trends, note the stability created by an intelligent network of regulations developed after previous financial disasters and begin preparing their clients and institutions for the undoing, unsure how it will play out, as this is early days. Stock prices drop.

Walmart stock tumbles after the retailer lowers its sales outlook: “We are in an uncertain time”

All part of the Great Undoing undertaken by a group of people dismissing the government’s influence as overbearing, dismissing history as wrong, insisting scientists and professionals don’t know what they are doing. They know better.

Science under siege: Trump cuts threaten to undermine decades of research

And so, as Imperial Presidential Executive Orders destroy the government’s ability to function, as the United States withdraws from treaties, alliances, trade agreements, and mutual assistance organizations, the Great Undoing spreads, fallout from the Great Shitstorm of 2025, the result of the 2024 U.S. elections.

As Imperial Presidential Executive Orders are issued, undoing the work of Congress and previous administrations, we will see what happens with our constitutional system of checks and balances. Will it hold?

Freshman Congressman tells constituent he is powerless to stop Musk’s budget cuts

Or will the Great Undoing be the United States’ undoing?

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Monday’s Theme Music

Mood: Mondayitis

Here we go, another week begins. It’s Monday, August 5, 2024. Cool in Ashlandia at 68 F, we expect a high of 96 F. Our air quality is moderate today, with the winds favoring us enough to keep major smoke from barreling into our existence. Knock wood, the fires we experienced this year locally have been small and contained fast, thanks to our diligent fire-fighting crews in multiple communities.

Yesterday, the weather treated us to a sunny rain shower. Big silver streaks of water bolted down. A little petrichor rose up. Sunshine lorded over it all. It was over within a minute. Reminded me of a book which should be written, The One-Minute Shower. It’s all about efficiency.

Just what I needed to wake up to, a stock market sell-off based on fears that the U.S. economy is cooling. Economic news traditionally has a butterfly effect in U.S. politics. That’ll be an interesting new sidebar to August.

I’m continuing the theme of freedom in music. I rejected “Philadelphia Freedom” by Elton John. It’s about a tennis team, and I know that, so I can’t use it. Kris Kristofferson’s song, “Me and Bobby McKee” came up but that line, “Freedom’s just another word for nothing left to lose,” is too cynical for me right now. I think I’m going something upbeat in the form of George Michael and the 1990 song, “Freedom! 90”.

And yes, I know the song is about fame and his relationship to fame and music as a superstar but the lyrics fit well enough for me to take it in a political direction. Please, I like that piano.

All we have to see
Is that I don’t belong to you
And you don’t belong to me (Yeah, Yeah!)
Freedom!
I won’t let you down (Freedom!)
I will not give you up (Freedom!)
Gotta have some faith in the sound
(You got to give what you take)
It’s the one good thing that I’ve got, (Freedom!)
I won’t let you down (Freedom!)
So please don’t give me up (Freedom!)
Cause I would really, really love to stick around (You got to give what you take)

h/t to Genius.com

The political aspect becomes really flimy if you listen to all the words and think about them too much, so just sing out the vibrant freedom parts, if you will.

Be strong, remain positive, and lean forward. Let’s Vote Blue in 2024. Coffee has made its entrance. Here’s the music video. Let’s go. Cheers

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Wednesday’s Theme Music

Mood: Wednesdaycopic

This is it, the last day of July of 2024. It’s gonna roll on without you so hurry on down to the Last Chance Saloon to get your final taste of July of 2024.

July was a tumltuous month. The RNC was held and Don Old Trump wisely chose a lying hypocritical sycophant as his running mate. An assassination attempt enlivened the news days. Judge Cannon, a Don Old Trump appointee, dismissed the classified document case on him with reasoning that shocked legal experts. Heat records were set for the planet. Disasters unfolded across the world, including wildfires throughout the United States, and the stock market continued going up. President Biden dropped out of the running to be POTUS again, Vice President Harris leaped into the fray, and the Olympics began. Those are just the basics.

It’s Wednesday here in Ashlandia, where the wine is fine and the weed does the deed. 73 F now, we’re anticipating a high of 97 F. I’m awaiting my furnace control board so I can continue my DIY repairs on my HVAC. I haven’t been working on it because of the high heat. Although we both agree, we’ve been surprising comfortable about ninety percent of the time, my wife is beginning to show signs of impatience.

Our quality is good, still, ranging in the 20 to 30 range around town.

We’re under 100 days until the election. Think it’s 98 now. The pressure is getting ratcheted up. Don Old Trump is looking shaky these days. Vance is offering little reassurance in his early performances.

In other words, they’re under pressure. The Neurons selected “Under Pressure” from the grey mental jukebox and has the David Bowie and Queen collaboration from 1981 is rousing the morning mental music stream (Trademark carbonized). Hope it works for you as theme music for today.

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The Stock Market

There was a 2,000 point dip in the stock market (yeah, that’s a fun dip, innit) earlier this week. President Trump was quick to step forward with his insights.

“I think the financial markets are very upset when they look at the Democrat candidates standing on that stage, making fools out of themselves, and they say, ‘If we ever have a president like this,’” Trump said, referring to the most recent Democratic presidential debate held in South Carolina. “When they look at the statements made by the people standing behind those podiums, I think that has a huge effect.”

h/t to Vox.com

Trump made those comments on Wednesday, Feb. 26, 2020. The Democratic debate was the previous night. As others pointed out, the stock market posted their losses and closed on Monday and Tuesday before the debate.

Let’s ignore that the debate happened after the losses. Trump seems to have a poor view of people trading on the stock exchange. He’s essentially suggesting that they’re so ignorant and weak-willed that a debate between the Democratic candidates to be POTUS would worry those traders and send stocks plunging.

The second aspect of it is that he’s discounting his own ability to affect the stock market. He’s in charge, but he thinks this debate between candidates to be the nominee has greater influence than him.

Wow. Talk about a lack of confidence, and high levels of desperation.

What most analysts (and non-analysts) believe is that the spreading coronavirus is affecting supply chains, travel, and productivity. They worry that a spreading virus (here’s a nifty site where you can track it) and the threat of greater quarantines and less travel will affect companies’ profitability. They base this on companies like Apple and Pepsico already warning that the coronavirus is negatively affecting their earnings, that they’re playing soccer games in empty stadiums in Italy, that the 2020 Olympics in Tokyo is in danger of being cancelled, and that Delta Airline slashed flights to and from South Korea this week. With travel down, tourism will drop. So will consumer spending. It’s all connected.

President Trump doesn’t believe any of that, of course. He’d rather escape responsibility for anything bad that happens while he’s POTUS. So much easier to blame others.

It doesn’t bode well for the future, does it?

 

 

 

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