Talking about trade.....

[foragefarmer]

So that is what winning looks like. Put an senile bankruptcy specialist in charge of the largest economy in the world. Surround him with incompetents like Navarro and sputnik. Scenario for a global recession, no pandemic required.

Analysts at JPMorgan: "the largest tax increase since the Revenue Act of 1968.”

Obviously Ab5 agrees with Trumps Taxes, funny the markets and Analysts don't see the Taxes as economic prosperity. But what would they know, their only foward thinking.

"The only politician who has an actual concrete plan for economic prosperity. And even generously offered to let Canada join in on the party after we ruined our own economy."

[AlbertaFarmer5]

Forage, you feel free to use your crystal ball and psychic powers to tell us the future.

I will wait four more years to pass judgment on the effect, positive or negative.

Do you think the path they have been on until now was sustainable?

[ajl]

History will mark the morning of Apr 3, 2025 as a buying opportunity. Better to be bullish at 40000 Dow than 48000. Tariffs benefit the US as I have explained before. Producers will pay the bulk of the tariffs and the US remains export supplier of last resort as it was before so no change in that regard. The US can use the new cash to balance its books and cement the reserve currency: $US. As the president continues the move from income tax to tariffs, the US economy will continue to strengthen. The president is correct in focusing on the domestic economy and forget about exporting. US exports will continue to face barriers as they always have. Off course this sucks for everyone else but it would be wise to adapt.

[shtferbrains]

There is no drilling with lower prices. Why would they shoot themselves in the foot?

Things don't always workout the way politico's plan them?

OPEC basically saying you don't control us?

Or fck you for the short version?

[Taiga]

Sometimes low prices mean more drilling, assuming still running at a profit. Adjust for low prices with more volume.

[shtferbrains]

Sometimes low prices mean more drilling, assuming still running at a profit. Adjust for low prices with more volume.

Saudi's and Russians?

[wheatking16]

Lower international trade put downward pressure on oil demand.

[foragefarmer]

History will mark the morning of Apr 3, 2025 as a buying opportunity. Better to be bullish at 40000 Dow than 48000. Tariffs benefit the US as I have explained before. Producers will pay the bulk of the tariffs and the US remains export supplier of last resort as it was before so no change in that regard. The US can use the new cash to balance its books and cement the reserve currency: $US. As the president continues the move from income tax to tariffs, the US economy will continue to strengthen. The president is correct in focusing on the domestic economy and forget about exporting. US exports will continue to face barriers as they always have. Off course this sucks for everyone else but it would be wise to adapt.

When was the Dow 48000, it's all time high was 45051, so there was another 9.375% to be gained in the market before the tariffs stalled the Dow?

If Tariffs (Taxes) benefit the US, why is the Dow down 1300 points, how can Wall Street be missing what you're pointing out as being so obvious?

With Tarriffs on, Tariffs off, there's no way anybody could consider there being any market manipulation with this gang in the Trump Administration, especially with his "concrete plan".

You 51st staters just keep rolling it out.

[agstar77]

Sometimes low prices mean more drilling, assuming still running at a profit. Adjust for low prices with more volume.

Break even is at around 50 . However would you add more production if you received breakeven.

[Taiga]

Break even is at around 50 . However would you add more production if you received breakeven.

closer to $60+ for breakeven.