If markets breaks under 6,600 we could go into a growth scare, says RBC’s Lori Calvasina
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One true statement in all that nonsense. I didn't expect this a couple months ago. Everything else was gaslight.
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Someone said something negative on cnbc? She won't be back…..
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Tariff will grow the tax revenue – Uhm, so is it on permanently?
Oh no no, tariff is a negotiating tactics to get what we want? – Uhm, so what do we want?
We want re-shoring manufacturing in the US. – Uhm, but the inputs and materials are imported and more expensive because of this trade war. And manufacturing jobs have declined the most because Americans don’t want factory jobs.
Don’t worry, AI will automate manufacturing jobs bigly. – oh, so it’s to create demands for big tech cos and Elon.
Of course, it’s always been about making money for big corps. And by the way, a tax cut is coming for corps and billionaires. -
The US is headed towards another depression, and that idiot Elon is going to go bankrupt soon. Trump is insane, and anyone that believes Trump will ever be satisfied is as crazy as he is. Trump's greed is infinite. It doesn't end. He will never be satisfied and will forever demand more and more. He is destroying America so he can give giant tax breaks to his buddies. It is that simple.
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Tom Lee please bring the pot of gold back out.
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WE WANTED THIS.. HALF THESE COMMENTS ARE BOTS!!!!!
if youre in the market.. you just made a KILLING!!!..unless you "emotionally" did something.
if youre not in it. great trading opportunity AND better prices for entrys..how is this bad? -
Trumps insanity and ignorance is costing retirees their retirement funds! They have to withdraw funds in a down market to pay for rising bills due to a stupid tariff war!
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6600?
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I'm not scared of growing and neither is my girlfriend
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Why do you keep talking about tariffs? Market is selling off because the government went from creating 200k jobs to cutting 200k jobs. That's a 400k job swing that the labor market cannot absorb. Add to that the uncertainty the other million or so federal employees are experiencing and you get a drastic slowdown in spending which is going to continue for a long time. Market will go below 4000 easily.
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Why constantly blame Trump for a correction, when Biden was president the market corrected 2022 nobody said anything about that, just blamed Putin, quit using your tv program to make everyone think Trump is the cause of a correction in this bubble
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Oh come on, there was none of this "pain" discussion last year during the campaign. After he won tRump took credit for the market going up. Now they are out there saying this is all Biden's fault and they aren't responsible for any of the downturn. Saying there will be pain, but not taking responsibility for causing it is ludicrous. All of this also belies the administrations do or die push for $4.5 Trillion of tax cuts. Rather than making everyone else feel the pain, maybe just don't do the tax cuts for the wealthy! Don't increase the deficit! Did he say we need to get to pre-pandemic spending by cutting $3T – hey don't do the tax cuts and we save $4.5T! How about someone in finance stands up and says this is ridiculous – stop all this tariff nonsense and don't do the tax cuts (or at least something more reasonable) and none of this chaos happens.
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4850 is my S&P 500 target for the year
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Wow, kiss up the colon
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Its a willful attemp to refinance 7 trillion in debt. Forcing powell to drop rates. If trump wanted he could make markets rip tomorrow. No one noticed if any good news comes out he immediately does something the market wont like?
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Lori Calvasina said way more in way less time than that knucklehead who rudely and wrongly answered for her 3:25. Thing is, based on the data her team researched, Lori Calvasina did anticipate this drop two weeks ago, she just doesn't pretend to boldly know it all, as no one does. Her job is to know about the risks involved and present them, which involves a lot of hard work and various scenarios most so-called analysts are clueless to.
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Seems like the guy isn't tired of winning yet🤣
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Could have been smoother…? Trump is a worst case outlook and he is doing what he promised he would. What a shock that the market doesn’t like it. You may have plans, once u start a war all bets r off.
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It's precisely at times like these that investors need to be on guard against the next certainty.
You don't have to act on every forecast. I will also suggest investors to get yourselves a financial-advisor that can provide you with entry and exit points on the Crypto/ shares/ETF you focus on. -
Market 6600 huh? Is this a video from the future?
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