Jump to content

Crnr2Crnr

USA Donating Member

  • Joined

  • Last visited

View Profile Find content

Posts posted by Crnr2Crnr

    wonder how many updates and upgrades the 2026 Cat's are going to get to address known foibles... snack

    at least I'll be able to try breaking anything that hasn't already broken on Greg's Catalyst if I come up for the gdamn' Soo. lol

    ·

    Edited by Crnr2Crnr

    20 minutes ago, krom said:

    Oh no. Not profit taking. That has never happened before

    he posted at 12:44pm EST and they went down almost immediately.

    if the markets are doing great and there's nothing to worry about, why take profits right around the same exact time? pc

    Edit: options expiration was last Friday... where market manipulation typically occurs

    Challenges ahead

    Still, stocks face several challenges in the coming weeks and months ahead.

    If Congress reaches a stalemate in the domestic policy bill, which includes a provision to raise the debt ceiling, America could once again come close to defaulting on its debt because it is unable to borrow enough money to pay back its creditors. And if few (or no) more trade deals are forthcoming, tariffs could rise again as soon as July 9 as the 90-day reciprocal tariff pause expires.

    The prospect of war breaking out in the Middle East remains a concern after a fragile truce between Israel and Iran was reached this week. And existing tariffs threaten to raise prices in the coming months, which could hurt economic growth.

    Stocks face less existential threats, as well. Valuations are surging well above earnings expectations. The S&P 500’s price-to-earnings ratio has surged past 23, a relatively high number that means stocks have become quite expensive compared to their profit expectations.

    So, markets may be celebrating at 4 p.m. ET today. But it’s not clear how long the party will last.

    https://www.cnn.com/2025/06/27/investing/stock-market-record-dow-sandp


    news

    Truth Social
    No image preview

    Donald J. Trump (@realDonaldTrump)

    We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just...

    here we go again...
    snack

    1 minute ago, nascarmike said:

    Gotta be AI.

    Yes, the "Forrest Gump 2" concept trailer circulating online is largely AI-generated and fan-made. It uses AI to create voiceovers and modify footage to resemble Tom Hanks and Timothée Chalamet, portraying them in a potential sequel. However, there is no official "Forrest Gump 2" movie in development, and the trailer is not a reflection of an actual production. 

    that's what the 😉 was for... 😁

    Posted

    Gavin Newsom is taking a page right out of Donald Trump’s media playbook.

    The California governor accused Fox News of defamation in a lawsuit Friday morning, alleging the network should fork over $787 million after host Jesse Watters claimed Newsom lied about his phone calls with Trump, who ordered National Guard troops to Los Angeles this month. Newsom’s lawyers argue Watters’ program misleadingly edited a video of Trump to support the claim.

    https://www.politico.com/news/2025/06/27/newsom-sues-fox-news-defamation-case-00429168

    Interested Spock GIF by Star Trek

    sigh... read

    In March 2020, amidst the COVID-19 pandemic and a significant drop in oil prices, President Trump directed the Department of Energy to purchase 77 million barrels of oil to fill the Strategic Petroleum Reserve (SPR) to its maximum capacity. The goal was to support domestic oil producers who were experiencing hardship and ensure the country's energy security.

    However, this directive was not fully carried out. The plan was blocked by Congress, as lawmakers did not include the necessary funding for the purchase in the $2 trillion stimulus package. Some legislators viewed it as a "bailout for big oil".

    As a result, the Strategic Petroleum Reserve's levels actually declined during Trump's presidency, from 695 million barrels when he took office in January 2017 to 638 million barrels when he left office in January 2021. This net decline was partly due to mandated sales of oil from the SPR as part of budget balancing measures. While there was a slight increase in 2020, reaching 638 million barrels, this was primarily due to a program that allowed companies to temporarily store oil in the SPR when storage space was limited. Ultimately, Trump's efforts to refill the SPR in 2020 were largely unsuccessful due to a lack of Congressional support and funding.

    4 minutes ago, Highmark said:

    news So in 2000 the average age in congress was born between 1940 and 1945. Greenspan was born in 1926. Lots of silent generation help bring on the financial crisis of 2007-8. Biden was born in 1942. Sorry dude it wasn't all boomers. The financial crisis and plandemic were the worst things to happen to this country financially maybe in its history.

    In 2000, the average age of members of the House of Representatives was approximately 54.4 years, while the average age of Senators was around 59.8 years, according to EveryCRSReport.com. This information is from the 107th Congress, which began in 2001. 

    so, it was the boomers parents?

    lmafoe

    ·

    Edited by Crnr2Crnr

    21 minutes ago, Highmark said:

    Yeah but plenty of Silent generation where part of that spending shit show. What generation gave us Vietnam? Wasn't the Boomers.

    there's not enough of the greatest generation around left to blame... on the Internet. lmao

    Debt to GDP... Foxes running the Henhouse

    Dynan-Graph_One-Desktop.png

    Dynan-Graph_Two-Desktop.png

    Econofact | Key facts and incisi...
    No image preview

    Addressing Rising US Debt | Econofact

    The debt is projected to reach levels beyond historical experience in the next 3 decades. The challenge is significant but manageable as a matter of economics.