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#3 | Posted by censored at 2025-08-15 11:27 PM
Trump putting on a show that he's not Putin's Beach.

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Re #6 - sorry, wrong thread... again.
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#14 | Posted by fishpaw at 2025-08-12 03:05 PM
No tariffs and 500 billion invested in the US

That's just another "pacifier" to baby-bully, who needs constant affirmation of his "deal-making greatness"... Apple's total annual capex for 2025 TTM was ~$12.4B including spending outside the US, which will continue.

To get to $500B will take 40 years of non-inflation-adjusted dollars, or 5 years of foregoing annual profits ($99B TTM to date). Of course, with new Trump-induced lower short-term interest rates, higher inflation and policy of weaker ruble, er, US dollar, this may come much sooner.

IOW, "Art of the Con" artist Trump is ---------- us, and Apple and those who depend/relied on NORMAL economic relations with the US are just playing along and for time, until "This, too, shall pass". Trump (and MAGA cult) didn't even understand the backhanded slap in the face when Tim "Apple" Cook presented him with the "golden calf"... er, plaque.

Same with the countries and blocks he made supposed "deals" with, e.g., Japan ($550B) and Korea ($350B) - they don't know what he was bragging about: there was only specific commitments to buy $16.5B worth of US goods, the rest was vague promises of "investment" in loans and IOUs ... and there was nothing about "90% of 'profits' going to the US" ... and nothing was formalized, of course.

Some countries make "deals" only to lower "tariff rates" (taxes on Americans), others don't, but every one is waiting and hoping for lawsuits in US courts to strike tariff authority down.

And as far as "not causing inflation" - remember that companies pay tariffs to Treasury immediately and they did inventory front-running, so we didn't see increases in the consumer pipeline yet... but core CPI moved up at fastest pace in 6mos to annualized 3.1%, and the latest PPI / wholesale core and headline numbers hit 0.9% for July - far above 0.2% expected, most of which will be passed along to consumers and some possibly absorbed by the companies while they are cutting tariff costs by layoffs and automation. So we have both weakening economy and employment, and rising prices - consistent with some forecasts of what was called "stagflation" in the '70s.

And some tariffs increased on August 7, so we haven't seen the effects of that yet.

Something that Trump doesn't [want to] understand : money from tariffs is not "flowing into the US" from other countries - they are paid/transferred to Treasury from American businesses / importers - IOW, it's an internal tax on imports, which was about 13.5% of US economy in recent years. Exports, which represent about 30+% of revenue by S&P 500 companies may also shrink as consumers of other countries "buy local" and boycott American goods if there are alternatives. Las Vegas and other tourist destinations already see some of it.

In July 2025, 71 large US companies filed for bankruptcy. Year-to-date 446 bankruptcies, already surpassing full year totals for 2021, 70 of them in the industrial sector.

IOW, Trump's tariffs may reduce meaningless metric of "US trade deficits" ("Yay, success!") but they are also shrinking world trade... and economies, including the US... which you may not see clearly due to lower USD.

Oh what a tangled web we "weave"...

And CBO projection of One Big Bloody Bu**-Ugly Bill creating additional $3.5T in debt in the next 10 years? I think we can do "better" and do it in 3-4 years, despite all of the imagined DOGE "savings" and "trillions or hundreds of billions of dollars flowing in" in tariffs.

US deficit hit $291B in July - that's an annual pace of $3.5T. July tariffs brought in $25B - Trump called it "incredible revenue" - but the government spent $630B.

"It's the spending, stupid."
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Re #15 - sorry, wrong thread
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#14 | Posted by fishpaw at 2025-08-12 03:05 PM
No tariffs and 500 billion invested in the US

That's just another "pacifier" to baby-bully, who needs constant affirmation of his "deal-making greatness"... Apple's total annual capex for 2025 TTM was ~$12.4B including spending outside the US, which will continue.

To get to $500B will take 40 years of non-inflation-adjusted dollars, or 5 years of foregoing annual profits ($99B TTM to date). Of course, with new Trump-induced lower short-term interest rates, higher inflation and policy of weaker ruble, er, US dollar, this may come much sooner.

IOW, "Art of the Con" artist Trump is ---------- us, and Apple and those who depend/relied on NORMAL economic relations with the US are just playing along and for time, until "This, too, shall pass". Trump (and MAGA cult) didn't even understand the backhanded slap in the face when Tim "Apple" Cook presented him with the "golden calf"... er, plaque.

Same with the countries and blocks he made supposed "deals" with, e.g., Japan ($550B) and Korea ($350B) - they don't know what he was bragging about: there was only specific commitments to buy $16.5B worth of US goods, the rest was vague promises of "investment" in loans and IOUs ... and there was nothing about "90% of 'profits' going to the US" ... and nothing was formalized, of course.

Some countries make "deals" only to lower "tariff rates" (taxes on Americans), others don't, but every one is waiting and hoping for lawsuits in US courts to strike tariff authority down.

And as far as "not causing inflation" - remember that companies pay tariffs to Treasury immediately and they did inventory front-running, so we didn't see increases in the consumer pipeline yet... but core CPI moved up at fastest pace in 6mos to annualized 3.1%, and the latest PPI / wholesale core and headline numbers hit 0.9% for July - far above 0.2% expected, most of which will be passed along to consumers and some possibly absorbed by the companies while they are cutting tariff costs by layoffs and automation. So we have both weakening economy and employment, and rising prices - consistent with some forecasts of what was called "stagflation" in the '70s.

And some tariffs increased on August 7, so we haven't seen the effects of that yet.

Something that Trump doesn't [want to] understand : money from tariffs is not "flowing into the US" from other countries - they are paid/transferred to Treasury from American businesses / importers - IOW, it's an internal tax on imports, which was about 13.5% of US economy in recent years. Exports, which represent about 30+% of revenue by S&P 500 companies may also shrink as consumers of other countries "buy local" and boycott American goods if there are alternatives. Las Vegas and other tourist destinations already see some of it.

In July 2025, 71 large US companies filed for bankruptcy. Year-to-date 446 bankruptcies, already surpassing full year totals for 2021, 70 of them in the industrial sector.

IOW, Trump's tariffs may reduce meaningless metric of "US trade deficits" ("Yay, success!") but they are also shrinking world trade... and economies, including the US... which you may not see clearly due to lower USD.

Oh what a tangled web we "weave"...

And CBO projection of One Big Bloody Bu**-Ugly Bill creating additional $3.5T in debt in the next 10 years? I think we can do "better" and do it in 3-4 years, despite all of the imagined DOGE "savings" and "trillions or hundreds of billions of dollars flowing in" in tariffs.

US deficit hit $291B in July - that's an annual pace of $3.5T. July tariffs brought in $25B - Trump called it "incredible revenue" - but the government spent $630B.

"It's the spending, stupid."
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#14 | Posted by fishpaw at 2025-08-12 03:05 PM
No tariffs and 500 billion invested in the US

That's just another "pacifier" to baby-bully, who needs constant affirmation of his "deal-making greatness"... Apple's total annual capex for 2025 TTM was ~$12.4B including spending outside the US, which will continue.

To get to $500B will take 40 years of non-inflation-adjusted dollars, or 5 years of foregoing annual profits ($99B TTM to date). Of course, with new Trump-induced lower short-term interest rates, higher inflation and policy of weaker ruble, er, US dollar, this may come much sooner.

IOW, "Art of the Con" artist Trump is ---------- us, and Apple and those who depend/relied on NORMAL economic relations with the US are just playing along and for time, until "This, too, shall pass". Trump (and MAGA cult) didn't even understand the backhanded slap in the face when Tim "Apple" Cook presented him with the "golden calf"... er, plaque.

Same with the countries and blocks he made supposed "deals" with, e.g., Japan ($550B) and Korea ($350B) - they don't know what he was bragging about: there was only specific commitments to buy $16.5B worth of US goods, the rest was vague promises of "investment" in loans and IOUs ... and there was nothing about "90% of 'profits' going to the US" ... and nothing was formalized, of course.

Some countries make "deals" only to lower "tariff rates" (taxes on Americans), others don't, but every one is waiting and hoping for lawsuits in US courts to strike tariff authority down.

And as far as "not causing inflation" - remember that companies pay tariffs to Treasury immediately and they did inventory front-running, so we didn't see increases in the consumer pipeline yet... but core CPI moved up at fastest pace in 6mos to annualized 3.1%, and the latest PPI / wholesale core and headline numbers hit 0.9% for July - far above 0.2% expected, most of which will be passed along to consumers and some possibly absorbed by the companies while they are cutting tariff costs by layoffs and automation. So we have both weakening economy and employment, and rising prices - consistent with some forecasts of what was called "stagflation" in the '70s.

And some tariffs increased on August 7, so we haven't seen the effects of that yet.

Something that Trump doesn't [want to] understand : money from tariffs is not "flowing into the US" from other countries - they are paid/transferred to Treasury from American businesses / importers - IOW, it's an internal tax on imports, which was about 13.5% of US economy in recent years. Exports, which represent about 30+% of revenue by S&P 500 companies may also shrink as consumers of other countries "buy local" and boycott American goods if there are alternatives. Las Vegas and other tourist destinations already see some of it.

In July 2025, 71 large US companies filed for bankruptcy. Year-to-date 446 bankruptcies, already surpassing full year totals for 2021, 70 of them in the industrial sector.

IOW, Trump's tariffs may reduce meaningless metric of "US trade deficits" ("Yay, success!") but they are also shrinking world trade... and economies, including the US... which you may not see clearly due to lower USD.

Oh what a tangled web we "weave"...

And CBO projection of One Big Bloody Bu**-Ugly Bill creating additional $3.5T in debt in the next 10 years? I think we can do "better" and do it in 3-4 years, despite all of the imagined DOGE "savings" and "trillions or hundreds of billions of dollars flowing in" in tariffs.

US deficit hit $291B in July - that's an annual pace of $3.5T. July tariffs brought in $25B - Trump called it "incredible revenue" - but the government spent $630B.

"It's the spending, stupid."
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#4 | Posted by LampLighter at 2025-08-07 06:04 PM
Are corporations using their new tax cuts to buy back their stock, raising the stock price?

There were no significant "new" corporate tax rate cuts or increases in One Big Bloody Budget-Busting Bill - it mostly stopped the tax rate set in 2017's TCJA from expiring at the end of 2025, making it "permanent"... unless and until Congress changes them. It was the same 2017 rate throughout the "great economy" and deficits of both Trump and Dark Brandon. There are some accelerated deductions and amortizations for R&D and other expenses but these are not "new tax cuts" that would materially affect corporations decisions to "buy back their stock."

Also, I don't know why "stock buybacks" would be considered "evil" or such a sore issue for anyone.

They aren't necessarily "raising the stock price" - many public/listed corporations routinely buy back stock to account for dilution, i.e., issuance of new stock as compensation to its employees, including directors, executives, pension and 401(k) plans, stock mergers/buyouts, outside contractors etc.

It's also a tax-preferred way of returning some value to the stock owners, as opposed to direct dividends, which usually drop the price of stock ex-dividend and are taxable, unless in tax-deferred or tax-free accounts.

For example, "Oracle of Omaha" Warren Buffett's Berkshire-Hathaway ($1T market cap) doesn't pay dividends and has often used buybacks, especially during NZIRP times, when he didn't see a better opportunity to invest somewhere else and excess cash from profits didn't yield much in safe deposit accounts.

Buyback is a responsible way for the boards, CEOs and CFOs to manage corporate cash. Large buybacks are often presented to stockholders for a vote.

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Redneck Recession Hits Working-class the Hardest

Recessions usually do; and felt first by the lower quintiles.

Wall Street and Silicon Valley are booming ...

Not quite accurate. It only looks like it because "rising tide lifts all/most boats" and the way the market indexes and passive investment funds work.

Mag Seven now account for 35.4% of S&P 500. That's almost 3x in 2015, when they were 12.3% of SPX - near concentration in financial sector in 2006-7, before 2008 GFC.

62% own stocks. Top 10% own 93% of the value. Top 1% own 50% of the value.

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#9 | Posted by BellRinger at 2025-08-09 12:01 AM
This deal ends 35 years of fighting.