[arista]

50 nations have contacted
the White House.


And President Trump has warned China to lower
their 34% Tariff
Or he may double there's



[Trump threatens an additional
50 percent tariff on China
taking effect on April 9th.

'All talks with China concerning their
requested meetings with us will be
terminated!'
the President added in a
post to Truth Social.

Trump has already imposed a
34 percent on Chinese products coming
in to the US, taking the total duty
on Chinese imorts to over 54 percent
when taking in to account already
existing tariffs.
Beijing retaliated with a 34 percent
tariff on US imports, a move Trump
labelled a mistake.
An additional 50 percent surtax on Chinese
goods would take the total levy to around
100 percent.]

[Cherry Christmas]

Originally Posted by Quantum Boy

Markets have absolutely tanked, lol. There's very little argument to support the idea that they have any idea what they're doing at this point. Literally no one benefits from this. I do enjoy that British Gammonry will be shooting and celebrating in complete ignorance to the fact that their pension pots are plummeting to the floor .

[edit] That said I suppose most probably won't be in private pots, just waiting to scrub around on their state pension blaming immigrants for it not being enough to live on.

Have a few small pension pots from my early working life, only able to check one and it has gone up, not by much but it is up ....Standard Life Rules

[user104658]

Originally Posted by Cherie

Have a few small pension pots from my early working life, only able to check one and it has gone up, not by much but it is up ....Standard Life Rules

I have a friend at Standard Life, he'll only talk about it in very vague terms but I suppose they probably have rules around that sort of thing. He did say, "Well. The money's always somewhere". Cryptic...

Gone up since when, though? Year-on-year lots of things are still up (way up) but in the last month the boards are all red, it's dire. Ultimately for pensions it might matter or it might not - if you still have 10+ years until retirement all that matters is annual %age gain... if you're one or two years off retirement, a 10%+ market crash could cost tens of thousands or even into 6-figures depending on the size of the pension.

[user104658]

As it happens I have lost the log-ins for both my work pensions so I think I'll just let them stay lost for a few years, I'd rather not know . My separate investments are in the absolute gutter though, Donlon Trusk and their tariffs have cost me about Ł2k in the last 5 weeks .

It's all just "theoretical money" to be fair, I wasn't going to cash any of it in any time soon, so it can always rebound and as above all that matters is the longer term but ... still grim to look at on a screen.

[Yuki Maru Hoshi]

I feel most for people with 401Ks and such, but I've never felt 401Ks to be as secure as other retirement options. We were eventually going to get this kind of American wild west-style government where someone comes in and takes a hit with the sledgehammer to the system (which was begging for it). It was very inevitable with our cultural sentiments. With our economy being top-heavy, we're already used to rich folk being fickle with their money. I prefer they be fickle with the markets rather than it turning into mass layoffs and people losing work en masse. So there's that. It will delay/impact many people's retirement, absolutely, because 401K is the common option which is the unfortunate part. SSA payments going up this month will at least help offset it some.

[Yuki Maru Hoshi]

Originally Posted by arista

50 nations have contacted
the White House.


And President Trump has warned China to lower
their 34% Tariff
Or he may double there's

China ta-getto ichiban number 1 mou ichido!... ... oh wait, different country...

[Cherry Christmas]

Originally Posted by Quantum Boy

I have a friend at Standard Life, he'll only talk about it in very vague terms but I suppose they probably have rules around that sort of thing. He did say, "Well. The money's always somewhere". Cryptic...

Gone up since when, though? Year-on-year lots of things are still up (way up) but in the last month the boards are all red, it's dire. Ultimately for pensions it might matter or it might not - if you still have 10+ years until retirement all that matters is annual %age gain... if you're one or two years off retirement, a 10%+ market crash could cost tens of thousands or even into 6-figures depending on the size of the pension.

I get a yearly statement in January, and I logged in on Friday to see if had gone down, logged in again today and both times it has risen.

[bots]

trump is threatening an extra 50% on china if they dont remove the like for like tariffs they put on the usa ..... that means china's action really hurt

[Yuki Maru Hoshi]

Originally Posted by Cherie

I get a yearly statement in January, and I logged in on Friday to see if had gone down, logged in again today and both times it has risen.

I don't know if it works different there, but when I worked with a company that offered 401K, I could change ratio and selection of stocks in the 401K every so often. I always picked safe bets but with lesser gains and so that impacts whether some things even touch the acct or not during market volatility. If people are picking high value, but more sensitive stocks and putting all their eggs in those options, then I can see that being disastrous...

[Cherry Christmas]

Originally Posted by Maru

I don't know if it works different there, but when I worked with a company that offered 401K, I could change ratio and selection of stocks in the 401K every so often. I always picked safe bets but with lesser gains and so that impacts whether some things even touch the acct or not during market volatility. If people are picking high value, but more sensitive stocks and putting all their eggs in those options, then I can see that being disastrous...

Most pension providers provide a range of investment options, Bonds being the main one, Gold, the stock market so it is unlikely pensions would be affected massively unless you are very close to retirement then it could pose an issue

[bots]

Originally Posted by Cherie

Most pension providers provide a range of investment options, Bonds being the main one, Gold, the stock market so it is unlikely pensions would be affected massively unless you are very close to retirement then it could pose an issue

company pension schemes tend to invest in very stable instruments. Also, they never invest the entire amount of a pension, it's always a proportion. That all goes out the window if you are managing it yourself, of course

[arista]

[arista]

[arista]

Last time it lasted 2 weeks

[The Grinch]

He’s so stupid. He put it on China so what did he think they’d do? Say yes??

[arista]

Yes
Run young trader
sell, sell Fast...........

[arista]

[Mikeharper]

Originally Posted by arista

what did you say?!?

[Christmas Dynasnow]

Piers Morgan @Piersmorgan
·
12m
So amid all the hysteria, a majority of Americans support what President realDonaldTrump
is doing and how he’s doing it.

https://x.com/piersmorgan/status/1909616692898283872

[user104658]

Originally Posted by Crimson Dynamo

Piers Morgan @Piersmorgan
·
12m
So amid all the hysteria, a majority of Americans support what President realDonaldTrump is doing and how he’s doing it.

https://x.com/piersmorgan/status/1909616692898283872

Not even vaguely close to what the poll question was, it was "do you believe that Trump has too much, too little or the right amount of presidential power". Absolutely nothing to do with agreeing with his actions. Believing that he isn't over-stepping his power boundaries as president does not imply agreement with his chosen actions.

People who got their educations in schools and universities rather than on a billionaire's hobby-website generally understand the distinction.

[arista]

Press Secretary Now Live


White House Press room


SkyNewsHD
GBnewsHD

[Christmas Dynasnow]

[arista]

Confirmed from Tomorrow

104% Combined Tariffs on China

From USA Time Midnight

[arista]

Now Concluded

[Oliver_W]

Originally Posted by Quantum Boy

The man really believes he's immortal I guess. If he does somehow start a 3rd term my bet is that he won't finish it; the human body goes downhill RAPIDLY at 80+.

"These days" I guess it's less likely that someone in their seventies will just wake up dead one day for no apparent reason with no warning, but as energetic etc he may seem, he's not exactly in the best of shape... but then, as President and with the USA insurance system he probably has to have his assessed fairly regularly.

Btw I'm not wishing anything on him, obviously. Just thinking aloud.